{"id":24682,"date":"2023-02-07T08:13:53","date_gmt":"2023-02-07T07:13:53","guid":{"rendered":"https:\/\/phoneenglish.es\/blog\/?p=24682"},"modified":"2023-02-08T04:47:42","modified_gmt":"2023-02-08T03:47:42","slug":"forex-trading-guide","status":"publish","type":"post","link":"https:\/\/phoneenglish.es\/blog\/2023\/02\/forex-trading-guide\/","title":{"rendered":"Forex Trading Guide"},"content":{"rendered":"\n

B2 \u2013 Upper Intermediate<\/em><\/strong><\/p>\n\n\n\n

Some\u00a0people\u00a0mastered\u00a0a\u00a0new\u00a0lifestyle\u00a0\u2014\u00a0living\u00a0without\u00a0a\u00a0traditional\u00a0job. Some go into trading currencies. This\u00a0could\u00a0be\u00a0an unconventional, but\u00a0good\u00a0way\u00a0of\u00a0making\u00a0money.\u00a0<\/p>\n\n\n\n

Read the article and\u00a0know the fundamentals of forex trading. <\/p>\n\n\n\n

https:\/\/www.investopedia.com\/articles\/forex\/11\/why-trade-forex.asp<\/a><\/strong><\/p>\n\n\n\n

Vocabulary Questions:<\/strong><\/p>\n\n\n\n

  1. What is the meaning of “portmanteau<\/strong>“, “Forex (FX)\u00a0is a portmanteau<\/span><\/strong> of foreign currency and exchange.”<\/em>? Use it in a sentence. <\/li>
  2. What is the meaning of a “triennial<\/strong>“, “According to a 2019 triennial<\/span><\/strong> report from the\u00a0Bank for International Settlements\u00a0(a global bank for national central banks), the daily trading volume for forex reached $6.6 trillion in 2019.”<\/em>? Use it in a sentence.<\/li>
  3. What is “(market)<\/strong> liquidity<\/strong>“, “It features in six of the seven currency pairs\u00a0with the most liquidity<\/span><\/strong> in the markets.”<\/em>? Use it in a sentence. <\/li><\/ol>\n\n\n\n

    Discussion Questions:<\/strong><\/p>\n\n\n\n

    1. Cite some of your key takeaways about forex trading from the article.<\/li>
    2. What do you think are the qualities that make a good trader?<\/li>
    3. How do you stay abreast with the ever-changing financial markets? <\/li>
    4. Why\u00a0might\u00a0some\u00a0people\u00a0consider\u00a0forex\u00a0trading\u00a0a\u00a0scam? Have you tried forex trading?<\/li>
    5. Do\u00a0you\u00a0think\u00a0anyone\u00a0is\u00a0capable\u00a0of\u00a0forex\u00a0trading? Why?<\/li>
    6. Is\u00a0it\u00a0a\u00a0good\u00a0alternative\u00a0to\u00a0a\u00a0regular\u00a0job?\u00a0Why? <\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"

      B2 \u2013 Upper Intermediate Some\u00a0people\u00a0mastered\u00a0a\u00a0new\u00a0lifestyle\u00a0\u2014\u00a0living\u00a0without\u00a0a\u00a0traditional\u00a0job. Some go into trading currencies. This\u00a0could\u00a0be\u00a0an unconventional, but\u00a0good\u00a0way\u00a0of\u00a0making\u00a0money.\u00a0 Read the article and\u00a0know the fundamentals of forex trading. https:\/\/www.investopedia.com\/articles\/forex\/11\/why-trade-forex.asp Vocabulary Questions: What is the meaning of “portmanteau“, “Forex (FX)\u00a0is a portmanteau of foreign currency and exchange.”? Use it in a sentence. What is the meaning of a “triennial“, “According to a […]<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[291,39,292,289,293],"class_list":["post-24682","post","type-post","status-publish","format-standard","hentry","category-homework","tag-b2-upper-intermediate","tag-finance","tag-first-certificate-fce","tag-reading","tag-text"],"yoast_head":"\nForex Trading Guide | phone english blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoneenglish.es\/blog\/2023\/02\/forex-trading-guide\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forex Trading Guide | phone english blog\" \/>\n<meta property=\"og:description\" content=\"B2 \u2013 Upper Intermediate Some\u00a0people\u00a0mastered\u00a0a\u00a0new\u00a0lifestyle\u00a0\u2014\u00a0living\u00a0without\u00a0a\u00a0traditional\u00a0job. Some go into trading currencies. This\u00a0could\u00a0be\u00a0an unconventional, but\u00a0good\u00a0way\u00a0of\u00a0making\u00a0money.\u00a0 Read the article and\u00a0know the fundamentals of forex trading. https:\/\/www.investopedia.com\/articles\/forex\/11\/why-trade-forex.asp Vocabulary Questions: What is the meaning of “portmanteau“, “Forex (FX)\u00a0is a portmanteau of foreign currency and exchange.”? Use it in a sentence. 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