value of its currency. If your broker voluntarily submits to government oversight, then you can feel reassured about your broker's honesty and transparency. Eventually you will see profits. Forex Trading for Beginners: How to read a Forex currency pair like a pro even if youre new to trading Youve probably seen numbers like these EUR/USD.1792 GBP/USD.5255 USD/JPY 113.22 And youre thinking to yourself What the heck do these numbers mean?
Pros You tf m15mégatrend forex know for sure that youll be in the trade. Instead, its more important to learn how to use the moving average correctly. The fees will cut into your profits. Well, its the banks as they are the market makers. Low barrier to entry, most Forex broker allows you to open an account with as little as 100. If you see USD/JPY 113.22, it means 1 US dollar is worth 113.22 JPY. High liquidity, according to the Bank of International Settlements (BIS Forex is the largest market in the world with over 5,000,000,000,000 traded each day.