CHAPTER 3 - FOREX CURRENCY
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Forex Currency Basics
We’ve mentioned this before, but like many things it bears repeating. At base it all comes down to buy low and sell high. That’s it. Buy low, sell high, lather rinse repeat. At the heart, the idea behind forex trading is that the forex currency you buy today is going to be worth more when you sell it tomorrow. Everything is based around the idea that there is no absolute value and exchange rates are going to continue to fluctuate.
Let’s look at a couple of examples…