What are commonly traded currency pairs (Majors) in forex trading?

Majors are the most liquid and widely traded currency pairs in the world. Trades involving majors make up about 90% of total Forex trading. The Majors are: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD and USD/CAD.

Symbol	Country	Currency
USD	United States	Dollar
EUR	Euro members	Euro
GBP	Great Britain	Pound
JPY	Japan	Yen
CHF	Switzerland	Franc
CAD	Canada	Dollar
AUD	Australia	Dollar

GBP/USD is the only currency pair with its own name. It is known as "Cable" but there are also lots of abbreviations for other currency pairs such as

Symbol	Known As
EUR/USD	Euro
GBP/USD	Cable
GBP/JPY	Geppy
AUD/USD	Aussie
NZD/USD	Kiwi
USD/CAD	Loonie
USD/CHF	Swissy
USD/JPY	Gopher

When is the time to trade forex ?

Forex can be traded 24 hours a day and 5 days a week. The main trading centers are in London, New York, Tokyo, and Singapore, but banks throughout the world participate. The biggest foreign exchange trading centre is London, followed by New York and Tokyo. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the US session and then back to the Asian session, excluding weekends.

The following approximate market schedule is based on New York local time: Japan forex markets open at 19:00 followed by Singapore and Hong Kong that open at 21:00. European markets open in Frankfurt at 2:00, while London opens at 3:00. New York forex markets open at 8:00. European markets close at 12:00 and Australian markets start again at 18:00.

What is traded in Forex Trading?

The answer is Currency. Currencies are always traded in pairs, such as EUR/USD, GBP/USD, etc. Why? Because when you trade forex, you are exchanging 1 currency to another currency simultaneously (buying 1 currency and selling the other at the same instance). You will gain from differences of traded currency price rates.

What is Forex Trading?

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.

The average daily trade in the global forex markets currently exceeds US$ 2 trillion. Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks.

What do you need to start trading forex?

· A Personal Computer (and PDA, optional and preferable)

· Stable and high speed internet connection

· Limited equity (for example $1000)

· Reliable, reputable and trusted online forex broker

You dont need an office, otherwise you can start your business from home or anywhere else. Even when you are traveling, you still can make money. As simple as that!

Why you should consider forex (Currency) trading as your primary business?

• In forex trading, you decide when you want to work, how long you want to work, and how much money you want to make (You are the Boss)
• Forex trading requires limited equity and the yield could be unlimited
• You can make money anywhere (as long as you are connected to internet) and anytime (forex market opens 24 hours a day, 5 days a week).
• You can maximize your profit and limit your loss.
• You will have a big probability to become financially freedom by trading forex. All you need to do is read this website for forex tutorial and guide, find your own profitable trading system (or use ours) and repeat making profit by your own trading system.

Learn Forex (Foreign Currency) Trading?

Why should you learn forex? I myself make a lot of money from forex. Forex is the largest money market in the world. There is always an opportunity for you to make money. No matter how hard the competition is. The part I love most is you can earn unlimited profit in forex.