What are the characteristics of the foreign exchange market itself

  • 2023/2/26 14:54:32
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  • forextradingsessiontimes

forextradingmarket forextradingtime forex trading session times as an emerging capital investment market has been more cashback forex more peoples favor, which is inseparable from its own several characteristics, specifically, mainly the following points to attract the participation of many foreign exchange investors 1, there is no market without a field foreign exchange market has no fixed trading venues, the global currency market trillions of dollars a day are traded through the advanced Information system connection and achieve, as long as there is a network, investors can participate in any place 2, cycle operation, 24-hour trading 24 hours a day foreign exchange market will change with the time zone, 8:30 a.m. (to New York time) New York market opening, 9:30 a.m. Chicago market opening, 10:30 a.m. San Francisco opening, 18:30 a.m. Sydney opening, 19:30 a.m. Tokyo opening, 20:30 a.m. Hong Kong, Singapore opening. 20:30 Hong Kong, Singapore open, 2:30 a.m. Frankfurt open, 3:30 London market open so 24 hours non-stop operation, the foreign exchange market has become a day and night market, only Saturday, Sunday and the major holidays in various countries, the foreign exchange market will be closed this continuous operation, to provide investors with no time and space barriers to the ideal investment place, investors can look for The best time to trade for example, investors who buy the yen in the morning in the New York market, the evening after the opening of the Hong Kong market yen up, investors in the Hong Kong market to sell, no matter where the investor himself, he can participate in any market, any time to buy and sell Therefore, the foreign exchange trading market can be said to be a market without time and space barriers 3, two-way transactions, the foreign exchange market is different from the traditional market a Features are to buy or sell the opportunity to profit, the key is to correctly judge the market trend and look for the timing of the transaction 4, margin leverage unless there are important data published, under normal circumstances the exchange rate changes are actually limited, but speculators can choose the appropriate margin leverage to the highest hundreds of times the magnification of their own funds, so that the profits are quite substantial