Forex currency pairs Now we know a little more about what the Forex market is, let’s take a look at the currencies that are traded and how they are traded. We have talked about how massive the forex market is …

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How are Forex Currency Pairs Written?

Here we can see the different parts that make up a forex currency pair. The first currency listed in the pair is known as the base currency and the second currency listed in the pair is what’s known as the …

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Forex Currency Pair Nicknames: Cable and Fiber?

Sometimes when talking to other forex traders you might hear a reference to a nickname that you don’t understand. “I’m looking to long 10 lots in Cable, what are you thinking?” “Hmm, have you taken a look at Fiber? Support …

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Types of Forex Currency Pairs: Majors v Minors v Exotic v Currency Crosses

You may have heard traders discussing the ‘majors’ or maybe even saw someone talk about shorting an ‘exotic’ forex currency pair. No they weren’t talking about a soldier trading from an exotic beach while sunbathing naked (zing!) on the sand, …

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