Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from.
Getting to know six major currency pairs would seem an easy task when compared to the tens of thousands of stock and bond options available for analysis. Forex trade is not necessarily about how each currency will move against the USD; more important is knowing when the market will have momentum, because that is key to not getting caught in reversals and snap-backs whilst leveraged at 100:1.
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