LIVE FOREX TRADING - XAUUSD -
Team With ERVING 📈 https://www.tweforexsystem.com/ the founder of Multiple Time Frames Shares LIVE FOREX TRADING - XAUUSD, EURUSD, AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY (MILLENIAL MONEY)
👇🏼 Share this secret Forex link 👇🏼https://www.linktr.ee/Teamwitherving
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⭐ SEND ME A PRIVATE Telegram►https://t.me/TeamWithERVING
⭐ SHARE THIS PUBLIC Telegram►https://t.me/TeamWithERVINGFX
👇🏼 Get 1 Free Stock on Robinhood►https://join.robinhood.com/ervingo2
⭐ Support Our Store: https://teespring.com/stores/teamwitherving?page=1
⭐ Book 1-on-1► Consultations with Erving→ https://calendly.com/teamwitherving
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#Forex #daytrading #MillennialMoney #tradingeducation #TWEForexSystem #bestforexindicator #TeamWithERVING
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Trading Platform
META TRADER 4
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a 2021 triennial report from the Bank for International Settlements (a global bank for national central banks), the daily trading volume for forex reached $6.6 trillion.
KEY TAKEAWAYS
The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies.
Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.
Currencies trade against each other as exchange rate pairs. For example, EUR/USD is a currency pair for trading the euro against the US dollar.
Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.
Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and diversify portfolios, among several other reasons.
What Is the Forex Market?
The foreign exchange market is where currencies are traded. Currencies are important because enabling the purchase of goods and services locally and across borders. International currencies need to be exchanged in order to conduct foreign trade and business.
If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case, the Egyptian pound, at the current exchange rate.
One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris, and Sydney—across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.
NOT FINANCIAL ADVICE DISCLAIMER
The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant, or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.
-~-~~-~~~-~~-~-
Please watch: "📈 Best Price Action Trading Strategy That Will Change The Way You Trade"
https://www.youtube.com/watch?v=ODvck-u3-8Q
-~-~~-~~~-~~-~-
Видео LIVE FOREX TRADING - XAUUSD - канала TeamWithERVING
👇🏼 Share this secret Forex link 👇🏼https://www.linktr.ee/Teamwitherving
---------------------------
📚 YouTube SUBSCRIBE IS FREE► https://bit.ly/3lStnDr
⭐ SEND ME A PRIVATE Telegram►https://t.me/TeamWithERVING
⭐ SHARE THIS PUBLIC Telegram►https://t.me/TeamWithERVINGFX
👇🏼 Get 1 Free Stock on Robinhood►https://join.robinhood.com/ervingo2
⭐ Support Our Store: https://teespring.com/stores/teamwitherving?page=1
⭐ Book 1-on-1► Consultations with Erving→ https://calendly.com/teamwitherving
--------------------------------------------------------------
#Forex #daytrading #MillennialMoney #tradingeducation #TWEForexSystem #bestforexindicator #TeamWithERVING
-------------------------------------------------------------
Trading Platform
META TRADER 4
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a 2021 triennial report from the Bank for International Settlements (a global bank for national central banks), the daily trading volume for forex reached $6.6 trillion.
KEY TAKEAWAYS
The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies.
Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.
Currencies trade against each other as exchange rate pairs. For example, EUR/USD is a currency pair for trading the euro against the US dollar.
Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.
Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and diversify portfolios, among several other reasons.
What Is the Forex Market?
The foreign exchange market is where currencies are traded. Currencies are important because enabling the purchase of goods and services locally and across borders. International currencies need to be exchanged in order to conduct foreign trade and business.
If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case, the Egyptian pound, at the current exchange rate.
One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris, and Sydney—across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.
NOT FINANCIAL ADVICE DISCLAIMER
The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant, or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.
-~-~~-~~~-~~-~-
Please watch: "📈 Best Price Action Trading Strategy That Will Change The Way You Trade"
https://www.youtube.com/watch?v=ODvck-u3-8Q
-~-~~-~~~-~~-~-
Видео LIVE FOREX TRADING - XAUUSD - канала TeamWithERVING
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