Forex at Manduca Trading More Forex links:
Manduca FX Pro | Manduca Managed | Institutional | Broker Assisted
The foreign exchange market has become the world's largest
financial market, with well over US$4 Trillion traded daily.
Forex is part of the bank-to-bank currency market known as
the 24-hour Interbank market. The Interbank market literally
follows the sun around the world, moving from major banking
centers of the United States to Australia, New Zealand to
the Far East, to Europe then back to the United States.
It used to be that only large traders were able to take advantage
of the many benefits offered by the forex market vs. other
markets.
No longer only for the big speculators, anyone now may select
the market, select the time, and start trading. The massive
liquidity of forex, combined with a true 24-hour market that's
traded 5.5 days a week, offers you exceptional independence
and choices to trade forex when you want to, not when the
market wants you to.
During each trading day, overall forex volume is determined
by what markets are open and the times each of these markets
overlap one another. With each passing second, minute and
hour, forex volume remains high, but peaks highest when the
British, European and U.S. markets are open at the same time
- from 1 p.m. GMT to 4 p.m. GMT. The volume of the Pacific
Rim markets, such as Japan and Hong Kong, subsides compared
to the crest of the U.S. market, but still offer the forex
trader the ability to analyze the highly traded Pacific Rim
currencies.
ADVANTAGES OF THE FOREX MARKET
- Forex is open 24 hours a day.
- Forex is the most liquid market in the world.
- Trade more than 60 currency pairs.
- No restrictions on shorting which allows you to enjoy trading opportunities during any market condition.
- Up to 50-to-1 leverage reduces the need for large amounts of capital. Be advised that the same leverage that may work for you can also work against you.
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