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The aim of the currency trader when trading currencies is to engage cross-border trading of currencies from one market to another for profit looking to sell weak currencies and buy strong ones. Currencies trend and this is what attracts forex speculators who want to lock into these trends and run them for profit. Currencies trade longer term and many trends can last for months or even years and in between, you have smaller trends lasting for weeks, or a few days.

The factors that impact on currencies can be economic or political and these are reflected in the sentiment of all the traders, who then make the final price. International currency trading looks easy - but judging where millions of traders will drive the price, when their judgment is clouded by greed and fear, is somewhat more difficult.