Professional Traders Club offers live trading platforms and training to beginners and experts to Trade Forex, Commodities, Futures, Stocks that
make trading a cinch.
The forex market is considered to be the largest financial market in the world recording a daily volume of over $5 trillion dollars. Since the currency markets are large and liquid, they are believed to be the most efficient financial markets. Professional Traders Club offers live trading platforms and training to beginners and experts to help them learn how to trade forex and it makes Currency Trading a cinch.
Since the Currency Trading markets are large and liquid, they are believed to be the most efficient financial markets. It is important to realize that the foreign exchange market is not a single exchange, but is constructed of a global network of computers that connects participants from all parts of the world. Traders utilize technical analysis tools and algorithms to determine which currencies will outperform the US dollar.
The analysis is based primarily on momentum characteristics, such as the price behavior of a particular currency compared to the US dollar over several time periods. Major trading is done on one or more G-10 currencies, which include the US dollar (USD), Canadian dollar (CAD), Japanese yen (JPY), Australian dollar (AUD), New Zealand dollar (NZD), British pound (GBP), Euro (EUR), Swiss franc (CHF), Swedish krona (SEK), and Norwegian krone (NOK), as well as currencies outside the G-10.
Unlike other forms of trading, say in equities, forex trade happens in pairs. Help us understand the dynamics of this exchange.
Foreign exchange (forex or FX) pairs have unique behaviours and traits that can be observed and studied over time. This helps us to better understand the nature of their price movements. For instance,