Best Forex Signal Provider (2)

1
What is Forex?

• Another names of Forex is Foreign exchange
  and currency trading. Forex or currency trading
  is a global market where currencies are traded.
  The forex market is the largest, most liquid
  market in the world with an average daily trading
  volume exceeding 5 trillion.

www.tradoefy.com
2
FOREX TRANSACTION IT'S ALL IN THE EXCHANGE

• When People travel abroad then they need to
  convert their currencies. For example if a person
  is traveling dubai from India so they convert
  their money from Indian Rupees to Dirhams. So
  the same way the forex market is global market.

www.tradoefy.com
3
How currency pairs are traded?

• A currency pair is the quotation of the relative
  value of a currency unit against the unit of
  another currency in the foreign exchange market.
   GBP is the base currency and JPY is the quote
  currency.

www.tradoefy.com
4
Major Currency Pairs

• EUR/USD- Euro/US Dollar
• USD/JPY-United States Dollar/Japanese Yen
• GBP/USD- Great Britain Pound/United States Dollar
• AUD/USD- Australian Dollar/United States Dollar
• USD/CHF- United States Dollar / Swiss Franc
• NZD/USD- New Zealand Dollar/United States Dollar
• USD/CAD-United States Dollar/Canadian Dollar

www.tradoefy.com
5
Minor currency Pairs

• EUR/GBP Euro/British pound
• CAD/JPY Canadian dollar/Japanese yen
• GBP/AUD British pound/Australian dollar
• GBP/JPY British pound/Japanese yen
• EUR/JPY Euro/Japanese yen
• EUR/NZD Euro/New Zealand dollar
• EUR/AUD Euro/Australian dollar
• EUR/CHF Euro/Swiss franc
• EUR/CAD Euro/Canadian dollar
• CHF/JPY Swiss franc/Japanese yen
• AUD/JPY Australian dollar/Japanese yen
• NZD/JPY New Zealand dollar/Japanese yen
• GBP/CHF British pound/Swiss franc
• GBP/CAD British pound/Canadian dollar

www.tradoefy.com
6
Operating hours

• Forex market has different operating hours
  for different countries due to the difference
  between time zone. In Asia Monday Morning in Asia
  to Friday Afternoon. And in afternoon New york
  the forex market is a 24 hour market. This
  differs from other markets such as stock market
  and commodity market.

www.tradoefy.com
7
Forex Trading Benefits

• There are many benefits of forex trading. As it
  is very profitable and requires less capital in
  the comparison of other trading segments. For
  profitability in forex the traders need proper
  planning which is somewhere difficult for
  indivisuals who are new in this market or due to
  their busy schedule they can not focus.

www.tradoefy.com
8
Best Forex Signal Provider

• For the convenience and help of
  traders there are Best Forex Signal Provider are
  available in the market who are into providing
  services. Traders can take the help of Best Forex
  signal Proivder to make better money in forex
  market.

www.tradoefy.com
9

Thank You
www.tradoefy.com