Infographic: Forex Market Basics

Posted on June 23, 2011 by Eli Radke • 3 Comments

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

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  • 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

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  • 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.)

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