Abe Cofnas – Understanding Forex.Trading to Win
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Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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Author Information
Abe Cofnas has been the forex trading columnist for Futures magazine since 2001. He also formed Learn4x.com—one of the first Web-based interactivetraining sites devoted to forex trading—in 2001, and currently manages aglobal forex trading team and call room at www.fxdimensions.com. He is founder of www.currencygames.com, a global forex currency game company that combines challenges and training. Cofnas is head forex coach at www.secretsofforextraders.com and the author of The Forex Trading Course (Wiley).
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