Forex Basis Webinar

In this webinar we delve more into Forex Basics, we will explore the foundational principles of the foreign exchange market. Whether you’re a newcomer looking to grasp the essentials or a seasoned trader seeking to reinforce your understanding, this webinar is tailored to meet your needs.

Key concepts you need to know:

Navigating the Forex market starts with grasping fundamental concepts:

  1. Currency Pairs: In Forex trading, currencies are always traded in pairs. Learn how currency pairs are quoted and the significance of base and quote currencies.
  2. Market Participants: Explore the diverse range of players in the Forex market, from central banks and commercial banks to institutional investors and retail traders.
  3. Market Structure: Delve into the decentralized nature of Forex trading, trading sessions across different time zones, and the unique characteristics of over-the-counter (OTC) trading.
  4. Major Currency Pairs: Gain insights into the most actively traded currency pairs, such as EUR/USD, USD/JPY, GBP/USD, and their distinct traits.
  5. Basic Trading Concepts: Familiarize yourself with essential trading concepts, including leverage, margin, pip value, and lot sizes, laying the groundwork for successful trading strategies.
  6. Risk Management: Learn the importance of risk management in Forex trading, including strategies for setting stop-loss and take-profit levels and managing position sizes effectively.