FOREX MARKET AND LOCATION:

The market is a seamless 24 hours market and it runs 5 days a week. The market opens 5pm on Sunday(new york time,trading starts in Sydney and Singapore and finally goes round the globe to get to new york at 8 am.

note:the forex market has no central location it just virtually follow the sun round the globe.

How do i start trading the market online:
Before you will begin to trade the forex market or participate in it you will need the services of a broker or a market maker to be able to trade.bellow are names of trusted market maker or brokers that are reliable.

www.northfinance.com
www.marketiva.com
www.fxcm.com
www.interbankfx.com

How to trade :

There are basically to ways to trade the market or better still to analyze the market and then be able to participate for profits or pips.


Fundamental analysis
fundamental analysis focuses on the macro economic indicators such as interest rates economic growth,inflation,import and export, employment etc as it affects the countries currency that you are going to be trading with.ie These factors or indicators drive demand and supply for the countries currency one thing to note is to be aware of when these indicators will be released.

Technical analysis:
This type of analysis uses historical price movement that is charts to forecast or tell the possible move and direction that the currency pair is going to take.This analysis basically uses different chart patterns to identify trends in their earliest stage so as to take profit .
visit www.chartpatterns.com to study the different chart patterns on display there.