Think of a Busy Marketplace – Many buyers and sellers = High liquidity Few buyers and sellers = Low liquidity In forex, liquidity means you can buy or sell a currency quickly and easily without big price changes.
Liquidity = Better Trading Lower costs (tight spreads) Instant trade execution Stable prices 24-hour trading access
Meet the “Major” Forex Pairs These are the world’s most traded and liquid pairs: – EUR/USD – Euro / US Dollar – USD/JPY – US Dollar / Japanese Yen – GBP/USD – British Pound / US Dollar
How to Use Journal + Focus on Quality? – Write trades and feelings in a journal. – Review mistakes later. – One strong trade is better than ten weak ones.