Introduction to Forex – First Lesson

What is Forex??

Sure dear reader you may have read or heard about the term “Forex”, has found attractive and wanted to know what is Forex??

In order to explain to you dear reader What is Forex must first explain on the stock exchange.

What is the stock market: a simplified very dear reader, that the bourse is only a commercial market to meet in traffickers, whether they are vendors or Harien, and most important dealers stock are: investors, banks, investment funds and brokerage firms and speculators, and the traffickers to trade according to the type of stock market , we find stock shares and bonds (which for the exchange and sale of stocks and bonds), and commodity exchange (such as wheat and oil).

Thus, we find that Forex is:

Market for trade and exchange of major currencies, whether buying or selling through the sale of a foreign currency against the sale of another foreign currency against which an abbreviation of the word ForeignExchange (mean foreign currency exchange).

For example are selling U.S. dollar against the euro buy, or buy the U.S. dollar against the euro sale.

Or sell the U.S. dollar against the Japanese yen buying, or buy the U.S. dollar against the Japanese yen selling.

Thus, for every coin of major currencies. “You will learn later on major currencies and cross”