Forex wolf Trading

Buying And Selling Currency Pairs:                                                                                                                                        Buying an d selling currency pairs is the fundamental activity in the foreign exchange (forex) market. In for ex trading, currencies are quoted in pairs, representing the exchange rate between two currencies. The first currency in the pair is called the base currency, and the second currency is the quote currency.

What is traded in forex?                                                The simple answer is  MONEY . Specifically, currencies.Because you’re not buying anything physical, forex trading can be confusing so we’ll use a simple (but imperfect) analogy to help explain. Think of buying a currency as buying a  share  in a particular  country , kinda like buying shares in a company. The price of the currency is usually a direct reflection of the market’s opinion on the current and future health of its respective economy.

What is forex?                                        Quite simply, it’s the  global financial market that allows one to trade currencies. If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.Once upon a time, before a global pandemic happened, people could actually get on airplanes and travel internationally.