FOREX THE LIFE CHANGER
Forex is the life changer for those who knew the reality of the market. It is because of the following facts.
1. Trillion Dollars market.
2. 24 hour live market
3. Banks and other liquidity providers attracting most of the customers.
4. Different account sizes.
Anybody with a clear mind and having forex basic knowledge can make the penny into big pound and its not dream. But the steps should be followed to reach the goal.
24 hours live market:
Best thing of forex is its availability for 24 hours 5 days a week. Markets are at your fingertips. Access the market and interact with live charts. Forex market is not centralized rather it is scattered in four different markets.
1. Sydney(Australia)
2. Tokyo(Japan)
3. London(U.K)
4. New York(U.S)
Forex starts early in the morning from Sydney followed with the Tokyo market after closing both the market it’s the time for London open bridging with New York which last till the end of the day. In this way the market covers twenty four hours.
Forex Calendar
Its utmost important to know about the forex calendar the announcement of various news which are four different types.
1. No impact News
2. Low impact News
3. Medium Impact News
4. High Impact News
Low or medium impact news put the market in range bounds within some limits while High impact news put the market in a medium to high flow. A light to sever trend of the currency.
nice effort good for forex users
ReplyDelete