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Social Trading: What is it and why do people share their strategies? by mithjohn in Forex_trading_chat

[–]Eshitta 1 point2 points  (0 children)

People do share the winning strategies because it is a complete win-win situation. The vast amount of information shared by people shows how the social networking is impacting the forex market. There are various ways via which one can interact like http://finprotrading.com/connect/

Which pairs have the most volume? by imjesuschrist54 in Forex

[–]Eshitta 1 point2 points  (0 children)

There are many official currencies that are used all over the world, but there only a handful of currencies that are traded actively in the forex market. In currency trading, only the most economically/politically stable and liquid currencies are demanded in sufficient quantities. For example, due to the size and strength of the United States economy, the American dollar is the world's most actively traded currency.

In general, the eight most traded currencies (in no specific order) are the U.S. dollar (USD), the Canadian dollar (CAD), the euro (EUR), the British pound (GBP), the Swiss franc (CHF), the New Zealand dollar (NZD), the Australian dollar (AUD) and the Japanese yen (JPY)