Today in 2020, it feels like nearly everyone is trying to become a successful Forex trader. The foreign exchange market—also known Forex or FX— is a multinational marketplace for the exchange of national currencies. Forex trading is the exchange of blocks of currencies, always one specified currency for another. For example, you could trade the U.S. dollar (USD) vs. the Canadian dollar (CAD), the Euro (EUR) vs. the Japanese Yen (JPY), and so on.
While the stock market tends to be better known among the public, the Forex market is actually the largest and most liquid market in the world. Every day, trillions of dollars of currencies are exchanged.
If you’re looking for Forex trading strategies that work, below are five tried and true tips that you’ll want to know. [Read more…] about Forex Trading Strategies that Work: 5 Tried-And-True Tips