The forex trading market is the world ‘s largest financial market, with average traded prices that can amount to trillions of dollars a day. There is no central currency exchange marketplace trade is performed over the counter. The FX market is open 24 hours a day, five days a week, and worldwide currencies are exchanged among London, New York, Tokyo, Frankfurt Hong Kong, Singapore, Paris, and Sydney’s major financial centres. In terms of the total cash value traded, FX is the world’s largest financial market and any individual, firm, or country can participate in this market. Extreme liquidity and high leverage availability have helped fuel the rapid growth of the market and have made it the perfect location for many forex traders. Positions may be opened and closed in a short amount of time, or kept for months. Currency prices are based on objective supply and demand considerations and can not be easily influenced because the size of the market does not allow even the biggest p
A that mistake among forex traders is to close the market over the weekend. The fx market actually never closes, not even on weekends or holidays. Your Forex broker will literally refuse you the right to trade when retail trading ends for the weekend. Gaps arise primarily when an abrupt announcement is made by the specific instrument or market in general, or a similar occurrence takes place somewhere else in the world. In reality, gaps may follow any sudden shift in the expectations of investors about a stock, fund, future or fx currency. A Gap on the market is the movement of an investment’s price, including a currency, stock, etc, during a time when no trading took place. Most generally, market differences are seen in the investment’s price differential between its closing price at the end of one trading period and its opening price in the next trading day, for example overnight or over the weekend. Gaps may also occur over shorter time periods, however, which is what some day t