Forex trading

 Forex trading, also known as foreign exchange trading or FX trading, is the act of buying and selling currencies with the aim of making a profit. It's the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. Here are some key points: 1. How It Works: You trade currency pairs (e.g., EUR/USD, GBP/JPY). You’re essentially speculating on the value of one currency relative to another. If you think the euro will rise against the U.S. dollar, you buy EUR/USD. If it rises, you profit. 2. Major Currency Pairs: EUR/USD (Euro / U.S. Dollar) GBP/USD (British Pound / U.S. Dollar) USD/JPY (U.S. Dollar / Japanese Yen) USD/CHF (U.S. Dollar / Swiss Franc) 3. Market Hours: Open 24 hours a day, five days a week. Main sessions: London, New York, Tokyo, and Sydney. 4. Trading Styles: Scalping: Quick, small trades throughout the day. Day trading: Enter and exit trades within the same day. Swing trading: Hold trades for days or weeks. Position trading...