Best Technical Trading Solutions can be practiced only with successful Technical trading practice. We have already shown how Oil Trading Technical System could be applied to Oil Market and Trading was made simple and clear.
In recent years the global finance market experienced significant changes. Development of new investment strategies became more important for risks optimization and keeping high profitability of investment portfolios. One of the most promising and profitable markets is financial trading market. The trading directions with relatively low margin requirements attract the traders who are interested in high trading opportunities.
Not like most world bank stocks, the international currency market has no specific location and is operated distantly, on the phone or online. With this operational system, the market is the largest in the world. Average daily turnover on forex exceeds 1,5 trillion USD with ca 25 milliards USD on the New York stock exchange. Such high turnover is a valuable asset if taken into account from the point of view that more opportunities are provided with more trade volumes. As well the market is popular because of narrow spread that enables a trader to make short term investments and have prompt results with low operational expenses.
As a result, the market became very popular with banking, mortgage, other financial institutions and multinational corporations. The access of individual traders is as well very popular.
The spot currency market is designed as correspondence of a pair of currencies. For example, if a trader is sure that EUR will grow comparatively USD, EUR is to be bought.
In order to understand the essence of the market, find the Forex dictionary essential notions.
| Notion | Currency Pair | Trading term |
| GBPUSD | British Pound / US Dollar | "Cable" |
| EURUSD | Euro / US Dollar | "Euro" |
| USDJPY | US Dollar / Japanese Yen | "Dollar Yen" |
| USDCHF | US Dollar / Swiss Franc | "Dollar Swiss", or "Swissy" |
| USDCAD | US Dollar / Canadian Dollar | "Dollar Canada" |
| AUDUSD | Australian Dollar / US Dollar | "Aussie Dollar" |
| EURGBP | Euro / British Pound | "Euro Sterling" |
| EURJPY | Euro / Japanese Yen | "Euro Yen" |
| EURCHF | Euro / Swiss Franc | "Euro Swiss" |
| GBPCHF | British Pound / Swiss Franc | "Sterling Swiss" |
| GBPJPY | British Pound / Japanese Yen | "Sterling Yen" |
| CHFJPY | Swiss Franc / Japanese Yen | "Swiss Yen" |
| NZDUSD | New Zealand Dollar / US Dollar | "New Zealand Dollar" or "Kiwi" |
| USDZAR | US Dollar / South African Rand | "Dollar Zar" or "South African Rand" |
| GLDUSD | Spot Gold | "Gold" |
| SLVUSD | Spot Silver | "Silver" |

