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The Forex market is the only 24-hour market, opening Sunday 5 PM EST, and running continuously until Friday 5 PM EST. The Forex day starts with the opening of Sydney's (Australia) Forex market at 5:00 PM EST (10:00 PM GMT / 22:00), and ends with the closing of New York's market, a day after, at 5:00 PM EST (10:00 PM GMT / 22:00), immediately reopening in Sydney restart trading. There are many sites that will guide the novice, such as Everest Forex, and offer online tutorials 24 hours a day.
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What is an FX future in relation to trading?
In relation to trading, an FX future refers to a currency, or foreign exchange future. This means that one is trading on what the price of a certain currency will be at a certain date and time. This is typically done with US currency.
What books are there that cover currency trading strategies?
There are too many books on the subject of currency trading strategies to list them all. But here is a selection of books on currency trading sold on Amazon: Currency Trading For Dummies, Forex Made Simple, Getting Started In Currency Trading and The Little Book Of Currency Trading.
What are trading hours of London currency exchange?
Regular trading hours which is 9AM - 5PM UK time
Where online can I learn the current currency trading rates?
You can learn about the current currency trading, or exchange rates, by visiting http://www.x-rates.com/. You can select which currency you wish to compare the exchange rates on and over what period of time.
what is trading and what are the types of trading?
Currency trading is buying foreign currency and converting it to your currency. Foreign currency when converted to US currency is worth more than the American dollar. In order to do this you need to know the exchange rates.
What are the currency trading indicators?
The currency trading indicators help investors make decisions concerning their money and finances. These indicators offer some insight into what might be the best investment at a certain time.
How would one describe the forex currency trade?
Forex Currency Trade is a one stop shop for all of one's currency and stock trading needs. If one should visit Forex online, one could set up a practice account to help one get better acquainted with Forex and currency and stock trading.
What is meant by currency option trading?
Currency option trading is a common term used in financial discussions between business people. They are referring to trading currencies on the market to hedge their risk.
Where online is it possible to partake in currency trading?
There are a few places online that a person may trade in currency. Ameritrade, for example, may allow currency trading online. Other sites which have currency trading are Forex, Oanda, and Go Currency.
Where can one find news on currency trading?
One can find news on currency trading news at Forex News Trading. You can look at current foreign currency exchange rates, so you can mobile trading as well.
What 1 pips terms means in currency trading?
A pip is the smallest unit in currency trading.
What are some basic principles behind forex currency trading?
There are several different basic strategies behind Forex Currency Trading. The main principle is predicting trends in the currency graphs before trading a currency.
