Conversation with a trader - page 19
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To sum it up, forex is a roulette game for the cb that they play in their spare time from collecting debts. A hobby in short.
wrong... not for the cbc but again because there is a cbc... practically these banks i.e. exchange of currencies between them is what creates forex
But traders, in turn, exist because there is this very momentum of central bank trading
It's not a trick ... it's a market ... where the value of one currency is measured in units of another ... and does not stand still but constantly changes depending on supply and demand ... I guess you're done with your enlightenment ?
Seriously, how does it change " doesn't stand still but constantly changes depending on supply and demand. " ?
wrong. not for the cb but again because there is a cb...practically these banks i.e. exchange of currencies between them is what creates forex
No, you said that currency exchange only started because forex came along
Man after a night shift.... get some rest? in this communal apartment...
I would be very interested to know how the rate changes, what is the mechanism ?
I would really like to know how the exchange rate changes, what is the mechanism?
It's like a bazaar... it goes up when they take it and goes down when they stop, don't you get it?