Infographic: Forex Market Basics

Today’s infographic, courtesy of the Forex market.  Because 24hr markets, commission free, and 200:1 leverage is such a great idea. (Hint: I don’t think it is.)

 

Source: http://dailyinfographic.com/the-forex-market-explained-infographic

We would really appreciate your feedback, if you like, hate, or think we are full of crap. Please leave a comment, a voice mail (312) 725-9121, email info @ traderhabits (dot) com or <a href=”http://www.twitter.com/eradke”>twitter</a>, <a href=”http://www.stocktwits.com/eradke” target=”_blank”>stocktwits</a>, <a href=”http://www.youtube.com/traderhabits” target=”_blank”>youtube</a> and <a href=”http://www.facebook.com/traderhabits” target=”_blank”>facebook</a>. <a href=”http://feedburner.google.com/fb/a/mailverify?uri=Traderhabits&amp;loc=en_US” target=”_blank”>Subscribe to Traderhabits by email</a> or to <a href=”http://bit.ly/ee0Y0m ” target=”_blank”>newsletter</a>.

  • equitytrader

    We should not forget that FX is worst possible market to trade – highly appealing due to 24/7 and leverage, but in reality most choppy, least trendable,  loser-loser game, and all of this due to the political nature of fx markets – understanding worldwide macroeconomics is not enough to earn here. I am not implying that you can not earn here, it’s just the toughest market and waste of resources – commodities/equities are where we should be, fx could be left to hedgers with no real waste of opportunity

  • Pingback: Originations 6/29: Realtime Greek Austerity Vote Tracker | The Basis Point

  • forextrading

    The currency pairs are expressed with a base currency as the first part of the pair, followed by the quote currency. (For example, USD/JPY would be the US dollar as the base against the Japanese Yen as the quote.)

3 Responses to Infographic: Forex Market Basics

  1. equitytrader says:

    We should not forget that FX is worst possible market to trade – highly appealing due to 24/7 and leverage, but in reality most choppy, least trendable,  loser-loser game, and all of this due to the political nature of fx markets – understanding worldwide macroeconomics is not enough to earn here. I am not implying that you can not earn here, it’s just the toughest market and waste of resources – commodities/equities are where we should be, fx could be left to hedgers with no real waste of opportunity

  2. [...] PRINT -BofA’s $8.5b Bad Loan Settlement (Bloomberg) -INFOGRAPHIC: Forex Market Basics (TradingHabits) -China’s Top Auditor Warns of Local Gov’t Defaults (Mish) -REAL TIME GREEK AUSTERITY [...]

  3. forextrading says:

    The currency pairs are expressed with a base currency as the first part of the pair, followed by the quote currency. (For example, USD/JPY would be the US dollar as the base against the Japanese Yen as the quote.)

The services and materials provided should not to be interpreted as investment advice, an endorsement of any security, commodity, future, or personal investment advice, or an offer to buy, sell, hold or trade futures, options or commodity interests or a recommendation to buy, sell, hold or trade futures, options or commodity interests. You assume the entire cost and risk of investing and are solely responsible for any and all gains and losses, financial, emotional, or otherwise, experienced, suffered, or incurred by you.

Read previous post:
Discipline is quantifiable.

There are steps in trading that you want to do and things that you have to do.  The steps you...

Close