What we trading in forex?



What we trading in forex?

In Forex Market, We are doing buying and selling currency,  For Example, we are buying one currency and selling other, if we buy a currency pair, like the USD/EUR, we are buying Euros and selling dollars.

We have to sell high value first and then buy low value later, There is no any conditions on short selling and we don’t not need to own any Euros prior to selling the USD/EUR.  This is called as people refer to as a “two way market”.

The Main reason is Forex market is open 24 hours a day, so that you can be right there trading whenever you hear a financial scoop. Market trades continuously work 24 hours per day, five days a week.

This allows for the forex market to trade at the right level to fill your order at, no matter what time of the day or night it is.

Holidays in the forex market are at best partially observed. When one country is celebrating a holiday, generally other countries may not be, as is often the case with national or religious holidays. Also, because of the differences in cultures, while a bank holiday can be observed all over Asia for example, the forex market will usually be open in Europe and the United States.

For more information stay with www.citymarkets.com and get more forex news and information.