Understanding Forex. Trading to Win by Abe Cofnas

Understanding Forex. Trading to Win by Abe Cofnas

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Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

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Author Information

Abe Cofnas has been the forex trading columnist for Futures magazine since 2001. He also formed Learn4x.com—one of the first Web-based interactivetraining sites devoted to forex trading—in 2001, and currently manages aglobal forex trading team and call room at www.fxdimensions.com. He is founder of www.currencygames.com, a global forex currency game company that combines challenges and training. Cofnas is head forex coach at www.secretsofforextraders.com and the author of The Forex Trading Course (Wiley).

Get Understanding Forex. Trading to Win by Abe Cofnas at Salaedu.com