What is forex all about.- terminology

Forex trading for beginners. Terminologies

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Hello @ttbbkk1,

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Pipzilla :coffee:

Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the forex market.

There’s 3 main sides to Forex, you have technical which is chart based analysis, fundamental which is economic and monetary flows based analysis and physchological which is just your thought process and ability to handle different emotions as they pop up, because they will. All 3 are just as important as one another.

the analysis of trading is really important , from all fundamental analysis is best and permanent , any kind of technical analysis its all about for very short time.

which analyzing trade knowledge is more important it depends on your trading term and condition , so it is really important to know what actually you need to trade comfortable

the beginners level always try to bring profit with no learning, as a result, they become loser when try to it practically.

hi and welcome , its really difficult to know the Forex terminology , because its huge more than any kind of imagination.