Forex encyclopedia

The Forex market has many advantages and today it is the largest financial market in the world. Million of traders all over the world choose the foreign currency market due to the opportunities it gives. For people who want to work from home, currency trading is the best choice and we are going to explain why. High liquidity. Forex operates with enormous money funds, therefore, a trader has 24 hours’ opportunity to open or close position of almost any volume at the current price. Forex daily returns on average amounts to more than 3 trillion Us dollars (according to the Bank for International Settlements). And these volumes continue to grow. Easy to access. Due to electronic trading technologies, almost everyone can trade on the Forex market if he or she has the Internet access. You can make trades easily now: trading from home, a cafe, an airport, a taxi or a hotel is an ordinary thing.

Apart from Japan, the countries with the second economic power (Hong Kong, Singapore, Australia, South Korea) are also active in the transaction. * At certain periods, liquidity can be very low and visible for a very small price movement (no change in the relatively long time). A small price movemen allows breakout level of previous trends that occurred in the American market to form, so there is a phase of consolidation.