Trading for dummies pdf
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This is because it’s the world’s leading reserve currency, playing a part in approximately 88% of currency trades. However, you will probably have noticed the US dollar is prevalent in the major currency pairings. These major currency pairs, in addition to a variety of other combinations, account for over 95% of all speculative trading in the forex market, as well as retail forex. In addition, there are three emerging pairs:
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TRADING FOR DUMMIES PDF HOW TO
In the international forex day trading world, the vast majority of people focus on the seven most liquid currency pairs (“pairs” because two currencies are traded via a single exchange rate) when learning how to trade forex – these are known as the four ‘majors’:
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In fact, some firms don’t charge any commission at all, you pay just the bid/ask spreads.