Foundational knowledge

Forex, made clearer.

The foreign exchange market is a global marketplace for trading national currencies against one another. Start with the mechanics before making market decisions.

Core forex principles

A global market built around currency pairs.

Forex trading pairs one currency with another—for example, EUR/USD. The market offers broad global access and high liquidity, while leverage can amplify both gains and losses.

Major, minor, cross and exotic currency pairs
Market access across global time zones
Long and short market participation
Technical and fundamental decision inputs

Market access24/5

The forex market operates continuously across major global sessions from Sunday night to Friday night. Availability does not remove market, liquidity or counterparty risk.

Core trading points

Ten concepts to know first.

A concise glossary based on the supplied Delta Support material.

What is Forex?

Buying one currency while simultaneously selling another.

Currency pairs

Currencies are quoted in pairs, such as EUR/USD.

Pip value

A pip represents a small standardized price movement in a currency pair.

Lot sizes

Position sizes may be structured as standard, mini, micro or nano lots.

Margin trading

Margin allows a larger market position to be controlled with a smaller amount of capital.

Leverage

A double-edged mechanism that can magnify both profit and loss.

Long & short

Market positions can be structured around both rising and falling price expectations.

Market hours

The global market runs continuously across weekday trading sessions.

Fundamental analysis

Economic news, data and geopolitical developments inform market context.

Technical analysis

Charts, price action, patterns and indicators are used to study potential movement.

Analysis toolkit

From context to control.

Market study is most useful when technical inputs, fundamental context and risk controls are considered together.

Read the market

Review global sessions, pair behavior and prevailing liquidity conditions.

Study price action

Use candlestick patterns, trendlines, support, resistance, RSI or MACD.

Check fundamentals

Consider economic indicators, news events and geopolitical developments.

Define risk

Set position limits, stop loss and take profit before entering a trade.

Leverage can magnify losses

Forex trading carries significant volatility, leverage and counterparty risk. Education and analysis do not guarantee profitable outcomes.