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The foreign exchange market (forex ,Fx or currency market) is global market for the trading of currencies, oil and commodities, forex business is very common now a day it is the legal business every individual can invest and earn daily, the market determines buying and selling for currencies in which person can invest in buy or sell of currency and can earn maximum $ if in right direction for example you want to trade EURUSD , EUR is currency for Europe and USD is American dollar if you buy EURUSD this mean you predict EUR will rise if EURUSD value will be increase you will gain profit and if EURUSD decline you will be in lost, this is call forex trading.
Common pair for trading
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Some important trading currency pairs are EURUSD, GBPUSD, USDCHF, AUDUSD, AUDJPY, NZDUSD, NZDJPY, EURGBP, EURJPY, USDJPY, CHFJPY, GBPJPY, USDCAD, CADJPY and most common and prefer pair is gold which symbol is XAUUSD majority of forex trader use gold as trading pair because it move faster, forex trading also use US oil which symbol is XTIUSD.
Forex trading is easily accessible for all
Forex is platform every individual can easily
access through mobile phone we can invest money by the help of broker, there
are great opportunity to learn forex and then invest for long term every person
can gain profit after learning this platform is easily accessible your investment
journey in forex can be good idea.
Six step to make your first trade
- · Analyze
the market
- · Read
Select currency pairs
- · the
quote
- · Pick
your position
- · Enter
in buy or sell position
- · Gain
maximum profit and enjoy the profit
Best broker in Pakistan for trading.
The best broker are exness , xm, octafx, Ic
market, easy market , VT market , trade
nation, this is commonly used broker in Pakistan made a demo account and learn
forex then earn for long term.
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