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What is Forex Trading?

Analytic Dave

May 26, 2022

Forex, FX, or Foreign Exchange is the purchase of one currency while selling the other. The forex market is quoted in pairs, e.g., EUR/USD=1.07223. Normally, the price for a particular pair is how much the quote currency costs to buy a unit of the base currency.

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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