What is Forex trading by Forex Academy
What is Forex trading? That is a free lecture from the Top EA Forex: Top 10 EURUSD Expert Advisors:
https://eaforexacademy.com/courses/algorithmic-trading/expert-advisors-course/
So what is Forex trading? It is the biggest market in the world, and everyone can trade on it easily. Me and you as traders, we can access it using platforms and trading brokers. This is called over the counter market.
The higher level is the interbank market. What is Forex trading there? The huge banks trade currencies for different purposes. However, all of that combined brings above 5 Trillion dollars daily transactions. You can imagine how big that is. And all of these transactions push the currencies to move up and down all the time.
This is where we join the market. As retail traders, we can not affect the price, but we can take advantage of these movements, and this is what we will teach you in this course. You will learn exactly what is Forex trading.
The Forex market is open 24 hours which does not limit us in time. And with the algorithmic trading and the Expert Advisors, we can take trade all these 24 hours. The Stocks, bonds or equities are available in certain hours during the day, but the Forex market does not stop overnight from Monday till Friday.
Now, why we have selected EURUSD for this course as a currency pair, more than 85% of all trades on the market are with the American dollar as a currency. And around 40% with the EURO. This makes EURUSD the most traded currency pair. When there is a lot of trading, the costs are lower, and the asset is volatile, which is the thing we are looking for in algorithmic trading. And what is Forex trading there? The Expert Advisors!
And nowadays algorithmic trading has engulfed the market. And in the next lecture, I will tell you why professional traders prefer to use algorithmic trading and not manual trading.
The Top 10 EURUSD course is included in our Packages:
https://eaforexacademy.com/packages/
The EAs in this course are created with software:
★ Test EA Studio with 15-days trial and get the FREE course:
https://eaforexacademy.com/software/expert-advisor-studio/
Another similar software that we use in EA Forex Academy:
★ Forex Strategy Builder Pro with 2 weeks trial:
https://eaforexacademy.com/software/forex-strategy-builder-professional/
� If you have any questions, please, write in our trading Forum.
https://eaforexacademy.com/forums/forum/general/
Our online algorithmic trading courses:
https://eaforexacademy.com/courses/algorithmic-trading/
Let’s connect on social:
Facebook: https://www.facebook.com/eaforexacademy/
Instagram: https://www.instagram.com/eaforexacademy/
LinkedIn: https://www.linkedin.com/company/33249615/
Twitter: https://twitter.com/EAForexAcademy/
https://eaforexacademy.com/courses/algorithmic-trading/expert-advisors-course/
So what is Forex trading? It is the biggest market in the world, and everyone can trade on it easily. Me and you as traders, we can access it using platforms and trading brokers. This is called over the counter market.
The higher level is the interbank market. What is Forex trading there? The huge banks trade currencies for different purposes. However, all of that combined brings above 5 Trillion dollars daily transactions. You can imagine how big that is. And all of these transactions push the currencies to move up and down all the time.
This is where we join the market. As retail traders, we can not affect the price, but we can take advantage of these movements, and this is what we will teach you in this course. You will learn exactly what is Forex trading.
The Forex market is open 24 hours which does not limit us in time. And with the algorithmic trading and the Expert Advisors, we can take trade all these 24 hours. The Stocks, bonds or equities are available in certain hours during the day, but the Forex market does not stop overnight from Monday till Friday.
Now, why we have selected EURUSD for this course as a currency pair, more than 85% of all trades on the market are with the American dollar as a currency. And around 40% with the EURO. This makes EURUSD the most traded currency pair. When there is a lot of trading, the costs are lower, and the asset is volatile, which is the thing we are looking for in algorithmic trading. And what is Forex trading there? The Expert Advisors!
And nowadays algorithmic trading has engulfed the market. And in the next lecture, I will tell you why professional traders prefer to use algorithmic trading and not manual trading.
The Top 10 EURUSD course is included in our Packages:
https://eaforexacademy.com/packages/
The EAs in this course are created with software:
★ Test EA Studio with 15-days trial and get the FREE course:
https://eaforexacademy.com/software/expert-advisor-studio/
Another similar software that we use in EA Forex Academy:
★ Forex Strategy Builder Pro with 2 weeks trial:
https://eaforexacademy.com/software/forex-strategy-builder-professional/
� If you have any questions, please, write in our trading Forum.
https://eaforexacademy.com/forums/forum/general/
Our online algorithmic trading courses:
https://eaforexacademy.com/courses/algorithmic-trading/
Let’s connect on social:
Facebook: https://www.facebook.com/eaforexacademy/
Instagram: https://www.instagram.com/eaforexacademy/
LinkedIn: https://www.linkedin.com/company/33249615/
Twitter: https://twitter.com/EAForexAcademy/
