Forex Trading – Introduction

Forex (Foreign Exchange) is the global marketplace where currencies are bought and sold. It is the largest financial market in the world, with a daily trading volume of over $6 trillion.

In simple terms, Forex trading means exchanging one currency for another to make a profit.

💡 Example

If you trade the currency pair:

• EUR/USD = 1.10

This means:

• 1 Euro = 1.10 US Dollars

👉 If you believe the Euro will strengthen, you buy EUR/USD
👉 If it rises to 1.12, you make a profit

📊 How Forex Works

Forex trading always happens in pairs, such as:

• EUR/USD (Euro / US Dollar)
• USD/INR (US Dollar / Indian Rupee)
• GBP/USD (British Pound / US Dollar)

Each pair has:

• Base currency (first one)
• Quote currency (second one)

⏰ Forex Market Hours

Forex runs 24 hours a day, 5 days a week, across major sessions:

• 🗼 Asian session
• 🏙️ London session
• 🌆 New York session

🚀 Why People Trade Forex

• 💰 Profit opportunities
• 🌍 Global market (no central exchange)
• ⚡ High liquidity (easy to buy/sell)
• 📱 Accessible via mobile apps

⚠️ Risks in Forex

Forex is not easy money:

• ❌ High volatility
• ❌ Leverage risk (can lose more than investment)
• ❌ Requires knowledge & discipline

🧠 Bas