The 24 Hours Forex Trading – Free Forex trading course for beginners – Part 4

By admin | Nov 24, 2009

Is Forex market like big food restaurant that working 7 days a week or it is like any financial companies that close for some hours or close for one day a week? The answer is very simple “Forex market is opening 24 hours 6 days a week”.

You can trade with Forex from Sunday to Friday, but in Saturday you cannot. It’s good for you because you can spend this day in analysis your mistakes and tweaking your tactics or you can spend it with your family. As I mentioned before the Forex market will closes at Friday 5:00 o’clock, but that is not mean the market is actually close just like banks it close at 5:00 o’clock but there are a lots of transactions and processing during the night.

You should also know that there is no one centralized exchange bank or financial institutes for the Forex, and all the transaction and trades is done among banks and brokers. It’s very important to choose a good Forex broker to handle your trades and you will learn more about Forex brokers in this course.

In the next post we will describe the Forex pairs and what are the pairs that are available for you.

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