Day trading is the most important market in the world because it decides
just how much money you have to spend for the neccesities of your life. Every day
economic, social and political factors effect the exchange rates that are used to establish
the currency values of various countries. Fluctuations in these rates effect you
because they determine the amount of goods the money in your pocket can buy. The higher
the value of the dollar the more food, clothing and shelter it will buy. If the market
goes against the dollar, then it weakens on the Forex market. When this occurs the
dollar's value drops and it will not be able to purchase the same amount of goods. This
drop in value will be seen by the average american as a rise in the costs of commodities such
as milk, bread, clothes, jewlery, heating oil and gas.
The connection between the rising cost of living and the factors that cause
the cost increase are usually not known by the average American. Access to and
knowledge about the Forex market has been reserved for the very wealthly until recent
years. The rise of the Internet and advances in technology have made it possible for
individuals to begin trading on the Forex market and as a result the amount of daily
trading in this international market has exploded to about 2.5 trillion dollars a day! The
sheer size of this market and the impact that it has on everyone's daily life means that you
can no longer afford to ignore the Forex trading market. You must begin to develop
atleast a general understanding of what the Forex is, the factors that control its market
conditions and how fluctuations in Forex currency trading effects your life.
The purpose of this website is to provide organized, relevant and easy to
understand information about the Forex trading market. It is our desire to help
educate people about the Forex on basic, intermediate and advanced levels in various aspects
of the Forex market. We invite you to read our articles that we have organized around
distinct subject topics. As you progress through each topic, we expect you to become
more familiar with the terms and concepts behing the trading of currency pairs until
you slowly begin to develop a clear picture in your mind about how the Forex
operates, the factors that rule currency trading and what this important market means
to you and your family. For those who are completely new and just do not know where to
begin, we suggest that you start with the following article that introduces you to Forex
Trading. Thank you for Saving your Smile with us
Enjoy...
Johnathan Quinones
|