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Forex Auto Trading - Does it Really Work? Or is it Just Another Robot Forex Gimmick

Level 1 - +50 posts
Posts: 55
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Joined: Nov 2018

Country: United States

Foreign currency trading, or forex, has 

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exploded in popularity in recent years as the proliferation of Internet access has brought it to the retail investor. Prior to the 1990s, before everyone had Internet access, it was reserved for the world's central banks and the trading desks of investment banks and hedge funds. Now anyone can participate in the world's largest, most liquid financial market. 

And when we say large, we may be understating the situation. By some estimates, more than $2 trillion a day changes hands in the foreign currency exchange market, which is more than all of the world's stock and bond markets COMBINED. Let's take a look at some of the basics of this lucrative market.

Open All Day With Plenty of Pairs To TradeTongueart of the allure of the foreign currency exchange market is that it is open 24 hours a day. This means that you can keep your day job and do some forex trading when you get home in the evening. Actually, U.S. traders can start trading as early as Sunday when the Tokyo market opens at 4 PM Pacific time. Then the London session picks up the slack when Tokyo and the other Asian markets close. The New York session opens 8 AM Eastern time and there are four hours of overlap between New York and London.

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11-28-2018, 09:29 AM

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07-06-2019, 11:49 PM

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