Monday, October 20, 2008

Day 6: The World of Currency Crosses

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XE in cooperation with FXCM

Day 6: The World of Currency Crosses

Lesson 6

In the stock market, a trader has the opportunity to choose from more than 5,000 companies—hundreds of which will rally in the most vicious of bear markets and thousands of which will crash during the strongest of bull markets. In the currency market, however, such divergent possibilities do not tend to occur, and finding trading opportunities are simplified due to the narrower investment selection. In this article, we'll look at how forex traders can use currency crosses to make a wide variety of trades that are unaffected by the day-to-day fluctuations of the greenback.

Continue Reading Lesson 6

 

Did you know...

You can start trading forex with as little as $25 with FXCM Micro - XE's preferred broker. Plus, when you open an FXCM Micro Account, you're offered super low spreads, free trading tools & educational resources, and flexible leverage* capability. Credit card funding makes the account opening process very fast and easy. Online Micro Application

 

We look forward to hearing from you.

Best regards,

XE in cooperation with FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
1-888-50-FOREX (36739)
xe@fxcm.com
www.xe.com/currencytrading · www.fxcm.com

 


XE Currency Trading | xe@fxcm.com | Contact FXCM

Financial Square, 32 Old Slip, 10th Floor, New York, NY 10005



RISK WARNING: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.

*Without proper risk management, a high degree of leverage can lead to large losses as well as gains.

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