Forex, also known as foreign exchange or currency trading, is a decentralized global market
where all the world’s currencies trade. The forex market is the largest, most liquid market in the
world with an average daily trading volume exceeding $6.5 trillion. In forex, a currency pair is the
value of one currency (the base currency) in terms of the other (the counter currency). A
currency’s value is based on the strength of an economy, political stability, interest rate,
inflation, productivity, trade balance and risk
The foreign exchange market is primarily over the counter (OTC). It occurs either via electronic
platforms or on the phone between banks and other participants. Only 3% of trades, mostly
futures and options, is done on exchanges.
All currency trades are done in pairs. When you sell your currency, you receive the payment in a
different currency. Another scenario to explain forex trading can be seen when we travel to
another country, we exchange dollars at the going rate
Our simplified trading method style is based on price action and market structure and thus no
indicators are needed.
We currently only focus on foreign currencies, indices, commodities and cryptocurrencies. If you
wish to apply our method to any other markets, then we would recommend that you conduct
your own backtesting & research.
No we do not as we believe that you should master the skills in trading for yourself in order to
become a consistent trader.
