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2025-10-30 23:00
IndustryForex 101: The Ultimate Beginner's Guide
What is Forex?
Forex (FX) stands for Foreign Exchange—the global marketplace for trading currencies.
It’s the largest financial market in the world, with a daily volume of over $7.5 trillion. Unlike stocks, Forex operates 24/5, making it accessible anytime.
How Forex Works
Currencies are traded in pairs (e.g., EUR/USD, GBP/JPY).
When you buy one currency, you’re selling another. The goal is to profit from price movements—buy low, sell high.
Example:
If you buy EUR/USD at 1.1000 and sell at 1.1050, you made a 50 pip profit! 📈 well to check my page for other content
Let’s go! 🧵👇
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Forex 101: The Ultimate Beginner's Guide
What is Forex?
Forex (FX) stands for Foreign Exchange—the global marketplace for trading currencies.
It’s the largest financial market in the world, with a daily volume of over $7.5 trillion. Unlike stocks, Forex operates 24/5, making it accessible anytime.
How Forex Works
Currencies are traded in pairs (e.g., EUR/USD, GBP/JPY).
When you buy one currency, you’re selling another. The goal is to profit from price movements—buy low, sell high.
Example:
If you buy EUR/USD at 1.1000 and sell at 1.1050, you made a 50 pip profit! 📈 well to check my page for other content
Let’s go! 🧵👇
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