[]
The Basics of Forex Trading { e.preventDefault(); Mntl.utilities.loadExternalJS( externalJS , () => { Mntl.CMP.onSdkLoaded(() => { OneTrust.ToggleInfoDisplay(); }) }); }, { once: true }); }); Mntl.CMP.init(true, ‘ccpa’, false, 3000); })(); window.Mntl = window.Mntl || {}; Mntl.RTB = Mntl.RTB || {}; Mntl.RTB.setTaxonomyStampValues({“tax1″:”bal_investing”,”tax2″:”bal_trading”,”tax0″:”bal_root”,”tax3″:”bal_forex-trading”}); Mntl.RTB.setTimeoutLength([500,800]); Mntl.RTB.Plugins.amazon.amazonConfigs = {“mapTaxValues”:{“tax1″:”bal_investing”,”tax2″:”bal_trading”,”si_section”:”bal_trading”,”tax0″:”bal_root”,”tax3″:”bal_forex-trading”},”mapFBValues”:{“adunitid”:”mapFBID”},”amazonSlotName”:false,”amazonSection”:”Forex Trading “}; Mntl.RTB.initVideoBidders([{ type: ‘amazon’, id: ‘3446’ }, { type: ‘prebid’, id: ‘true’ } ]); Mntl.RTB.initDisplayAndOutstreamBidders([{ type: “amazon”, id: ‘3446’},{ type: “lotameLightning”, id: ‘true’},{ type: “ixid”, id: ‘true’},{ type: “prebid”, id: ‘true’}]); Mntl.RTB.Plugins.lotameLightning.init({“tax1″:”bal_investing”,”tax2″:”bal_trading”,”tax0″:”The Balance”,”clientId”:”10691″,”tax3″:”bal_forex-trading”}); Mntl.RTB.Plugins.prebid.setConfig({“square-fixed/tier1”:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351530″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830557″,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442370″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482742″,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515088″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9691af018180ffdca0028b21be0082″}}],”leaderboard-fixed/tier2″:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351525″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9694b2018180ffe245028b1ac20090″}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442362″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482738″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830552″,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515084″,”type”:”display”}}],”leaderboard-fixed/tier1″:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442360″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482737″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351526″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830548″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b19150078″}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515359″,”type”:”display”}}],”square-fixed/tier2″:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482743″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b2379007a”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515089″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830559″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351538″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442372″,”type”:”display”}}],”leaderboardac/tier2″:[{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515087″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482741″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9694b2018180ffe245028b1fec0091″}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442368″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830555″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351529″,”useNewFormat”:true,”type”:”display”}}],”leaderboard-fixed/tier4″:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830553″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351527″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482740″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b1e3b0079″}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442366″,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515086″,”type”:”display”}}],”square-fixed/tier3″:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351531″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515090″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482744″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9694b2018180ffe245028b253a0092″}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442374″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830561″,”type”:”display”}}],”square-fixed/tier4″:[{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9691af018180ffdca0028b27040083″}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442376″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830564″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351532″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515091″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482745″,”type”:”display”}}],”leaderboard-fixed/tier3″:[{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9691af018180ffdca0028b1c770081″}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830550″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482739″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351528″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442364″,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515085″,”type”:”display”}}],”preroll”:[{“bidder”:”roundel”,”params”:{“siteId”:578566,”type”:”instream”}},{“bidder”:”trustx”,”params”:{“uid”:”351806″,”useNewFormat”:true,”type”:”instream”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482747″,”type”:”instream”}},{“bidder”:”ix”,”params”:{“siteId”:”830573″,”type”:”instream”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442380″,”type”:”instream”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515093″,”type”:”instream”}}],”leaderboardfooter-flex/tier2″:[{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442362″,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482738″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9694b2018180ffe245028b1ac20090″}},{“bidder”:”ix”,”params”:{“siteId”:”830552″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”364630″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4632098″,”type”:”display”}}],”leaderboardfooter-flex/tier1″:[{“bidder”:”ix”,”params”:{“siteId”:”830548″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b19150078″}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442360″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”364629″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482737″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4632097″,”type”:”display”}}],”leaderboardfooter-flex/tier4″:[{“bidder”:”appnexus”,”params”:{“placementId”:”25482740″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”364631″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830553″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b1e3b0079″}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4632100″,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442366″,”type”:”display”}}],”leaderboardfooter-flex/tier3″:[{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442364″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”364634″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482739″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9691af018180ffdca0028b1c770081″}},{“bidder”:”ix”,”params”:{“siteId”:”830550″,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4632099″,”type”:”display”}}],”square-flex/tier1″:[{“bidder”:”trustx”,”params”:{“uid”:”351533″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515092″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b28bc007b”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482746″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830563″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442378″,”type”:”display”}}],”square-flex/tier2″:[{“bidder”:”trustx”,”params”:{“uid”:”351533″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515092″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9698d2018180ffd7df028b28bc007b”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482746″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830563″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442378″,”type”:”display”}}],”leaderboard-flex/tier1″:[{“bidder”:”rubicon”,”params”:{“accountId”:”7499″,”siteId”:”426856″,”zoneId”:”2442368″,”type”:”display”}},{“bidder”:”roundel”,”params”:{“siteId”:382319,”type”:”display”}},{“bidder”:”appnexus”,”params”:{“placementId”:”25482741″,”type”:”display”}},{“bidder”:”trustx”,”params”:{“uid”:”351529″,”useNewFormat”:true,”type”:”display”}},{“bidder”:”pubmatic”,”params”:{“publisherId”:”158139″,”adSlot”:”4515087″,”type”:”display”}},{“bidder”:”ix”,”params”:{“siteId”:”830555″,”type”:”display”}},{“bidder”:”onemobile”,”params”:{“dcn”:”8a9698d2018180ffd7df026a90080029″,”pos”:”8a9694b2018180ffe245028b1fec0091″}}]}); Mntl.RTB.Plugins.prebid.setPriceGranularity({“buckets”:[{“max”:”20″,”increment”:”0.05″},{“max”:”100″,”increment”:”0.5″}]}); Mntl.RTB.setLatencyBuffer(0); (function(){ const pageTargeting = { customSeries: ” ,tax0: ‘The Balance’ ,rid: ‘n5a14d586857f4097b8bbb4b7e7c9c81a17’ ,custom: ” ,sid: ‘n5a14d586857f4097b8bbb4b7e7c9c81a17’ } ; const baseSlotTargeting = { leaid: ‘213354’ ,docId: ‘1031015’ ,viewtype: ” ,type: ‘article’ ,ptax: ‘bal_trading’ ,vid: ‘0’ ,tax1: ‘bal_investing’ ,tax2: ‘bal_trading’ ,tier: ‘H’ ,leuid: ‘151378030080892’ ,id: ‘1031015’ ,tax3: ‘bal_forex-trading’ ,tax4: ” ,inf: ‘0’ ,entryType: ‘direct’ ,gtemplate: ‘article’ ,revenueGroup: ” ,chpg: ‘1’ ,t: ‘110’ ,au: ‘131031’ ,jny: ‘0’ ,sbj: ” ,aid: ‘305419efc5025e2af4001a68’ ,jnyroot: ” } ; pageTargeting.mtax = [‘24259’]; pageTargeting.w = Mntl.utilities.getW(); const initialSlots = []; initialSlots.push({ config: { id: ‘oop’, sizes: [[1, 1]], type: ‘outofpage’, rtb: false, timedRefresh: 0, waitForThirdParty: true }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘atf’, priority: 0 ,floor_id: ‘707008a7f84d404f8e51ed384d6ea714′ ,floor: ’50’ }) }); initialSlots.push({ config: { id: ‘leaderboard-flex-1’, sizes: [[728, 90], [970,90], [970, 250]], type: ‘leaderboard’, rtb: true, timedRefresh: 0, waitForThirdParty: false }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘atf’, priority: 1 ,floor_id: ‘af9dbf0277fc4056919ee31d3e648e8b’ ,floor: ’70’ }) }); initialSlots.push({ config: { id: ‘button1’, sizes: [[120, 60]], type: ‘button’, rtb: false, timedRefresh: 0, waitForThirdParty: false }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘button1’, priority: 2 }) }); initialSlots.push({ config: { id: ‘button2’, sizes: [[120, 60]], type: ‘button’, rtb: false, timedRefresh: 0, waitForThirdParty: false }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘button2’, priority: 2 }) }); initialSlots.push({ config: { id: ‘button3’, sizes: [[120, 60]], type: ‘button’, rtb: false, timedRefresh: 0, waitForThirdParty: false }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘button3’, priority: 2 }) }); initialSlots.push({ config: { id: ‘button4’, sizes: [[120, 60]], type: ‘button’, rtb: false, timedRefresh: 0, waitForThirdParty: false }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘button4’, priority: 2 }) }); initialSlots.push({ config: { id: ‘square-flex-1’, sizes: [[300, 250],[299, 251],[300, 600],[300, 1050],[160, 600]], type: ‘billboard’, rtb: true, timedRefresh: 0, waitForThirdParty: false }, targeting: Mntl.fnUtilities.deepExtend({}, { pos: ‘atf’, priority: 2 ,floor_id: ‘bd1d366dc4bc4d68be177ac4499f6201’ ,floor: ‘125’ }) }); const testIds = Mntl.GPT.getTestIds(); pageTargeting.ab = testIds; pageTargeting.bts = testIds; Mntl.utilities.onLoad(function() { Mntl.utilities.loadExternalJS({ src: ‘//securepubads.g.doubleclick.net/tag/js/gpt.js’, async: false }); }); const options = { domain: ‘www.thebalancemoney.com’, templateName: ‘structuredcontent’, isMobile: false, dfpId: ‘3865’, publisherProvidedId: ’65d0c2e0-ecb5-4827-8b54-5b5995188bb4′, singleRequest: false, useLmdFormat: true, useOxygen: true, useInfiniteRightRail: true, bundlePrebid: false, lmdSiteCode: ‘thebalancemoney’, pageTargeting, baseSlotTargeting, geo: { isInEurope: false, isInUsa: true }, initialSlots, utils: { generateSlotId: Money.GPT.generateSlotId }, displayOnScroll: false, displayOnConsent: true }; if (Mntl.AdMetrics) { Mntl.AdMetrics.init(“1031015”, “n5a14d586857f4097b8bbb4b7e7c9c81a17″, initialSlots.map(slot => slot.config.id), Date.now()); } else { Mntl.AdMetrics = { pushMetrics: () => {} }; } Mntl.GPT.init(options); }());// moved from gtm.ftl so we can initialize GTM only onLoad. From https://support.google.com/tagmanager/answer/6103696?hl=en Mntl.utilities.onLoad(function() { (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({‘gtm.start’:new Date().getTime(),event:’gtm.js’});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!=’dataLayer’?’&l=’+l:”;j.async=true;defer=true;j.src=’//www.googletagmanager.com/gtm.js?id=’+i+dl;f.parentNode.insertBefore(j,f);})(window,document,’script’,’dataLayer’,’GTM-5P3SZGS’); }); var dataLayer = dataLayer || []; dataLayer.push({ event: ‘ab-proctor’, ‘abTests-proctor’: { “99-0” : “rtbTracking | control | | 0” , “99-1” : “useOxygen | useOxygen | use the Oxygenated ad unit format and slot names | 1” , “74” : “typographyUpdate | variableFonts | variableFonts – typography update | 1” , “99-3” : “trackGBR | enabled | in test, tracking subId appended to GBR iframe src | 1” , “99-4” : “scAdSettings | config3 | config 3. Updated ad placement location, updated lazy offset, hide TOC and remove native add | 3” , “99-5” : “vanillaJWPlayer | active | | 1” , “63” : “useInfiniteRightRail | useInfiniteRightRail | Use infinite right rail | 1” , “53” : “prebid | ixId | Active with index identity adapter | 2” , “99-8” : “useRTBforVideoAds | active | | 1” } }); dataLayer.push({ envData: { environment: { environment: “k8s-prod”, application: “money”, dataCenter: “us-west-1” }, server: { version: “4.32.0”, title: “money-launcher” }, client : { browserUA: navigator.userAgent, serverUA: “Mozilla/5.0 (Windows NT 10.0; Win64; x64; rv:55.0) Gecko/20100101 Firefox/55.0”, deviceType: “pc”, usStateCode: “CA” }, mantle: “3.13.721”, commerce: “” } }); (function(win, fnUtils, CMP) { var pageViewDataAsJSON = {“description”:”Forex trading has a steep learning curve. Read to learn the basics of currency pairs, how the forex market operates, and details on market pricing.”,”country”:”US”,”muid”:”65d0c2e0-ecb5-4827-8b54-5b5995188bb4″,”contentGroup”:”Other”,”revenueGroup”:””,”authorId”:”131031″,”documentId”:1031015,”templateName”:”STRUCTUREDCONTENT”,”title”:”The Basics of Forex Trading” || document.title || ”,”lastEditingAuthorId”:”213354″,”lastEditingUserId”:”151378030080892″,”templateId”:”110″,”viewType”:””,”fullUrl”:”https://www.thebalancemoney.com/what-is-forex-trading-1031015″ + location.hash,”experienceType”:”single page”,”entryType”:”direct”,”excludeFromComscore”:false,”internalSessionId”:”n5a14d586857f4097b8bbb4b7e7c9c81a17″,”internalRequestId”:”n5a14d586857f4097b8bbb4b7e7c9c81a17″,”hid”:””,”experienceTypeName”:””,”recircDocIdsFooter”:”S-1031022|S-1344985|S-1031370|S-1344922|S-1031023|S-5205193|S-1344938|S-1344894″,”euTrafficFlag”:false,”isGoogleBot”:false,”mantleVersion”:”3.13.721″,”commerceVersion”:””,”primaryTaxonomyIds”:”4053121|4072978|5085695|4073516″,”primaryTaxonomyNames”:”The Balance|Investing|Trading|Forex Trading “}; var deferLoadTime = 5000; var readyForThirdPartyTrackingEvent = new CustomEvent(‘readyForThirdPartyTracking’, { bubbles: true }); var readyForThirdPartyTracking = fnUtils.once(function() { dataLayer.push({event: ‘readyForThirdPartyTracking’}); window.dispatchEvent(readyForThirdPartyTrackingEvent); }); var readyForDeferredScriptsEvent = new CustomEvent(‘readyForDeferredScripts’, { bubbles: true }); var readyForDeferredScripts = fnUtils.once(function() { dataLayer.push({event: ‘readyForDeferredScripts’}); window.dispatchEvent(readyForDeferredScriptsEvent); }); var hasTargetingConsentHandler = function() { const hasConsent = CMP.hasTargetingConsent(); if (hasConsent) { readyForThirdPartyTracking(); } // if there is consent or the user has closed the banner(AlertBox) in EU then trigger readyForDeferredScripts if (hasConsent || CMP.isAlertBoxClosed()) { readyForDeferredScripts(); } return hasConsent; }; var onRequiredDomEvent = fnUtils.once(function() { if (!CMP) { readyForThirdPartyTracking(); readyForDeferredScripts(); return; } if (!CMP.isLoading()) { hasTargetingConsentHandler(); } CMP.onConsentChange(hasTargetingConsentHandler); }); [ [‘adRendered’, onRequiredDomEvent], [‘beforeunload’, onRequiredDomEvent], [‘load’, function() { setTimeout(onRequiredDomEvent, deferLoadTime); }] ].forEach(function(event) { win.addEventListener(event[0], event[1], { once: true }); }); pageViewDataAsJSON.breakpointName = Money.utilities.getW(); pageViewDataAsJSON.bounceExchangeId = ‘1948’; pageViewDataAsJSON.descriptiveTaxonomy = ‘32750,16442,32749,24259’; Mntl.utilities.onLoad(function() { Mntl.PageView.init(pageViewDataAsJSON); }); })(window || {}, Mntl.fnUtilities || {}, Mntl.CMP);]]> Forex Market Overview.””, “Fidelity. “Currency Exchange.”” ] ,”articleSection”: “Investing” ,”keywords”: [“Trading”,”Forex Trading “] ,”mainEntityOfPage”: { “@type”: [“WebPage”] ,”@id”: “https://www.thebalancemoney.com/what-is-forex-trading-1031015″ ,”breadcrumb”: { “@type”: “BreadcrumbList”, “itemListElement”: [ { “@type”: “ListItem”, “position”: 1, “item”: { “@id”: “https://www.thebalancemoney.com/trading-5085695”, “name”: “Trading” } } , { “@type”: “ListItem”, “position”: 2, “item”: { “@id”: “https://www.thebalancemoney.com/forex-basics-4073516”, “name”: “Forex Trading ” } } , { “@type”: “ListItem”, “position”: 3, “item”: { “@id”: “https://www.thebalancemoney.com/what-is-forex-trading-1031015”, “name”: “The Basics of Forex Trading” } } ] } ,”reviewedBy”: [ {“@type”: “Person” ,”name”: “Gordon Scott” ,”honorificSuffix”: “CMT” ,”url”: “https://www.thebalancemoney.com/gordon-scott-4776220″ ,”sameAs”: [ “https://www.linkedin.com/in/gordonbscott/” ] ,”knowsAbout”: [“Technical Analysis, Instructional Design, Investing, Trading”] ,”alumniOf”: [ { “@type”: “Organization”, “Name”: “Brigham Young Univesity” }, { “@type”: “Organization”, “Name”: “San Jose State University” } ] } ] ,”lastReviewed”: “2021-10-20T18:43:06.000-04:00” } , “about”: [ { “@type”: “FAQPage”, “mainEntity”: [ { “@type”: “Question”, “name”: “When does the forex market open and close?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “
There are forex exchanges all around the world, so forex trades 24 hours per day throughout the week. The forex market opens at 5 p.m. EST on Sunday, and it closes at 5 p.m. EST on Friday.” } } , { “@type”: “Question”, “name”: “What is “spread” in forex?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “
“Spread” usually refers to the difference between the bid (buying) price and the ask (selling) price. Brokers will pocket some of that difference as a way of profiting from the trades that they help execute. The more liquid and stable a currency pair is, the less of a spread there will be. Highly volatile pairs with less liquidity will have wider spreads.
“Spread trading” can also refer to a strategy in which you simultaneously place similar long and short trades. This allows you to take a slightly bearish or slightly bullish position that limits both your losses and potential upside.” } } , { “@type”: “Question”, “name”: “What is “scalping” in forex trading?”, “acceptedAnswer”: { “@type”: “Answer”, “text”: “ “Scalping” refers to the shortest trading time frame. It's a strategy that can be used in any market, whether it's forex, stocks, or futures. Scalpers exit a trade almost immediately after the trade becomes profitable. This typically only takes a matter of minutes or even seconds.” } } ] } ] } ]]]>