3 TYPES OF FOREX MARKET ANALYSIS

3 TYPES OF FOREX MARKET ANALYSIS

Now, you’ve already learned some history about the FOREX, how it works, what affects the prices, blah blah blah.

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This is all obviously super important, but know that you’re now thinking…

BORING! SHOW ME HOW TO MAKE MONEYALREADY!!!!

Well, say no more friends because here is where your journey as a FOREX trader starts…

This is the chance you would be able turn back…

WHO TRADES FOREX

FOREX MARKET STRUCTURE

As a comparison, let us first examine a market that you actually very familiar with: the stock market. This is how the structure of the stock market looks like:

“I have no choice but to go through a centralized exchange!”

 The stock market tends to be very monopolistic in nature. There is only one entity, one specialist that controls prices. All trades are confined to go through this specialist. Because of, the price may easily be altered to benefit of the specialist, and not to the traders.