Learning the Language of FOREX
You have read a brief history of currency trading, why investors find it an attractive market to trade in, the various FOREX markets and something of the rather complex regulatory scene here. After learning the history, you are ready to start learn the mechanics of trading. As in any complex endeavor, the FOREX markets have their own language, terms, and abbreviations. You, the novice trader, must thoroughly comprehend many of them before making your first trade.