Forex Understanding. The first currency listed is the base currency. Forex – FX: Forex (FX) is the market in which currencies are traded.
Since a trader's profit or loss is determined by movements in. This market is where one currency is traded against the other in an effort. Forex market structure comprises; Basic support and resistance level.
They require no indicator, it is purely naked chart trading.
Rollover is the interest paid or earned for holding a currency spot position.
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Market str
ucture in forex is the patterns that are formed on your trading chart that determines the forex market-dominant trend. Top tips to understand and interpret a forex quote ; Forex quotes reflect the price of different currencies at any point in time. Understanding Foreign Exchange Trading ••• Getty Images/Alex Segre By.