Forex

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Forex is where you trade currency. Forex is where you exchange foreign currency. Forex is where you bet that one currency will go up against another or vice versa. If you are right you make money. If you are wrong you lose money. Forex trades 24 hours a day from Sunday at 5 pm. to Friday at 5 pm. In the forex market there is 3 trillion $ being traded per day.

1. EUR - Euro

2. USD - U.S. Dollar

3. GBP - British Pound

4. JPY - Japanese Yen

5. CHF - Swiss Franc

6. AUD - Australian Dollar

7. CAD - Canadian Dollar

8. NZD - New Zealand Dollar 

1. SEK - Swedish Krona 

2. DKK - Danish Krone

3. NOK - Norwegian Krone 

4. SGD - Singapore Dollar

5. ZAR - South African Rand 

Lot size      units

standard - 100,000

mini         - 10,000

micro       - 1,000

Nano        -100

When we bet that one the currency on the left will go up against the currency on the right. 

When we bet the currency on the left is going down against the currency on the right.