Who Are The Traditional Market Participants?
The traditional forex market participants are large central banks, Interbank brokers, hedge funds and commercial companies.
Automated Trading: The Rise of the Machine
As we all know, the Forex markets can jump around like a squirrel on speed and it’s open for trading 24/5.5. So, it’s pretty much impossible for any one trader to take advantage of every trading opportunity that happens during market hours, unless of course you are (or employ) a machine.
What Are the Most Active Times of the Day to Trade?
Forex market volume remains high during the entire day but trading is generally heaviest when the major markets overlap, so the likelihood of a solid market move is highest during these periods.
Getting Your Head Straight — Mentally Peparing to Trade
One of the first things you need to do before you place your first trade is to determine exactly what you want to achieve.
Why Trade Forex?
Diversificatioin, 24-hour trading, liquidity, and volatility are just a few of the reasons people should look into trading Forex.