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Me and one of my close pals were surfing on the net, we were prepare for the quiz competition in our institute. While surfing on the net we saw the news related with forex market. The word forex made us curious to know about it.
We went to the commerce Department of our institute, and we ask to Father Martin to tell about it. He told us that, forex is an acronym used for the foreign currency exchange, There will be a profit if, u buy it in a cheaper price and sell it back in a higher price.
He told us that the word automated trading is used now days because, it became computerize online trading. Forex signals are the factors which decide about the exchange rates. Exchange rate is the ratio of two currencies.
Tags: forex, signals.
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