Forex is the buying and selling of currency pairs, the most popular being the US dollar and the Euro: EUR/USD. It is the largest and most liquid financial market in the world with a daily trading turnover of more than $5 trillion.
Glossary
ENTRY STOP
This is an instruction to buy or sell when a stock or currency hits a certain price. A buy order would set a price that is higher than the current rate while a sell order would be set below the current rate. This facility serves to protect traders from heavy losses and protects profits.
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