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Leonard Pokrovski

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2025-10-15 11:10:06 -

Is Forex Trading Profitable? A Comprehensive Analysis
Is Forex Trading Profitable? A Comprehensive Analysis Foreign exchange (Forex or FX) trading is one of the most accessible and liquid financial markets in the world. Every day, more than $7 trillion is exchanged across global currencies, according to the Bank for International Settlements (2022). The allure of turning a profit from fluctuations in currency prices attracts millions of retail...

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Leonard Pokrovski

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2025-10-16 19:18:37 -

How Are Forex Rates Determined — and Why Do Different Sources Show Slightly Different Rates?
How Are Forex Rates Determined — and Why Do Different Sources Show Slightly Different Rates? Foreign exchange (forex or FX) rates — the prices at which one currency is exchanged for another — play a central role in global trade, investment, and finance. Whether it’s a traveler exchanging dollars for euros, a multinational settling invoices in yen, or a central bank...

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Leonard Pokrovski

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2025-10-14 19:26:36 -

How Does Forex Trading Work?
How Does Forex Trading Work? Foreign exchange (Forex or FX) trading is the global marketplace for exchanging one nation’s currency for another. It’s the world’s largest financial market — larger than stocks, bonds, or commodities — with over $7.5 trillion traded daily, according to the Bank for International Settlements (BIS). But how exactly does it work? Who...

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Leonard Pokrovski

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2025-10-14 19:27:31 -

What Are Currency Pairs, Majors, and Minors?
What Are Currency Pairs, Majors, and Minors? The foreign exchange market (Forex or FX) is the largest and most liquid financial market in the world, with daily trading volumes exceeding $7 trillion. At its core, Forex trading revolves around currency pairs — the quoted relationship between two different currencies. Understanding how these pairs work, and the distinction between major,...

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Leonard Pokrovski

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2025-10-16 19:07:59 -

What Are the Major and Famous Currency Pairs in Forex?
What Are the Major and Famous Currency Pairs in Forex? The foreign exchange market, or Forex, is the largest and most liquid financial market in the world, with daily trading volumes exceeding $7 trillion. At its core, Forex trading involves the exchange of one currency for another, expressed in currency pairs. Every Forex transaction involves two currencies: one being bought and another being...

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Leonard Pokrovski

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2025-10-14 19:25:35 -

What Is Foreign Exchange (Forex) Trading?
What Is Foreign Exchange (Forex) Trading? Foreign exchange, commonly known as Forex or FX, is the global marketplace for exchanging one nation’s currency for another. It’s the largest and most liquid financial market in the world, with a daily trading volume exceeding $7 trillion as of 2024. Unlike stock or commodity markets, the Forex market operates 24 hours a day, five days a...

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Leonard Pokrovski

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2025-10-15 11:12:40 -

What Strategies and Trading Styles Exist in Forex?
What Strategies and Trading Styles Exist in Forex? Foreign exchange (Forex) trading is one of the most dynamic and liquid financial markets in the world, attracting millions of traders from around the globe. Its 24-hour nature, accessibility, and vast range of currency pairs make it suitable for different trading styles — from those who prefer fast-paced, minute-by-minute decision-making...

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Leonard Pokrovski

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2025-10-15 11:14:16 -

What Time Frame Should I Use in Forex?
What Time Frame Should I Use in Forex? Trading in the foreign exchange (Forex) market involves far more than simply choosing a currency pair and clicking “buy” or “sell.” One of the most fundamental — yet often overlooked — aspects of building a trading strategy is selecting the right time frame. The time frame you trade on determines how often you’ll...

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