Hey guys,
After doing so many lessons, I think we all just need a simple and straight-forward summary of what we have learned.
Great for revision (in case you are like my elder brother who keeps quizzing me on forex stuff from time to time when he sees me in the day) and reference when you are trading ‘in the fray’.
Lets do it!!!
:7:
Major Currencies= Exchanges with the USD
Minor Currencies= Exchanges with the Euro or any other major currency that is [B][I][U]NOT[/U][/I][/B] USD
Exotic Currencies= Exchanges with any major currency with the currency of a developing/ emerging economy (eg: Brazil, Thailand, etc)
There are three ways of exchanging:
Spot FX market (Spot market)- the ‘best way to trade Forex’
Futures
Options
I don’t want to sound brutal, but the school has a summary for each section, so you are re-inventing the wheel here and most likely won’t get much input from others…
Harsh but true!
Okay, thanks for letting me know, is there a way I can delete this thread?
Yes right revision is very necessary as it reminds many important points that we forget sometimes.
I guess you can contact the administrators, but it’s easier if you leave it to rest in peace on its own.