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The Foreign Exchange Market

Thu, Jan 17 2008, 16:29 GMT
by The Forex Journal

The Trader's Journal


This article is taken from the Forex Journal, a special edition by Trader’s Journal magazine in Nov 2007.

The author is Peter Pontikis, who is the Group Treasury Strategist for Suncorp Banking. He has also authored a book on trading foreign exchange and is the current treasurer of the International Federation of Technical Analysts (IFTA)


  • Peter Pontikis outlines the primary players in trading Forex. If you want to learn the game, it is vitally important to know who the other players are!

Foreign exchange,’ ‘Forex’ or ‘FX’ is the home of the inter-bank and wholesale market for exchanging one currency for another and thrives in what is an enormous sea of money. It trades across the globe in over 100 currency pairs in the largest of the world’s financial markets!

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This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the authors and the publisher are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. In commodity trading, as in stock, and mutual fund trading, there can be no assurance of profit. Losses can and do occur. As with any investment, you should carefully consider your suitability to trade and your ability to bear the financial risk of losing your entire investment. It should not be assured that the methods, techniques, or indicators presented in this magazine will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples in this magazine are for educational purposes only. This is not a solicitation for any order to buy and sell. The information contained herein has been obtained from sources believed to be reliable, but cannot be guaranteed as to accuracy of completeness, and is subject to change without notice. The risk of using any trading method rests with the user.

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