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Forex Trading

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Foreign exchange markets offer great liquidity,are less prone to being pushed around by major market players and adhere to technical trading rules more closely than equity markets.
Further,there's less random noise(i.e volatility) in the forex market and trends there are generally of the long-term nature.They tend to follow fairly strict rules and are hence more predictable than other markets.
The forex market is the largest of all markets with $1.2 trillion traded daily.Forex dwarfs all other equities and bond markets and is less prone to manipulation by even the largest participants.
According to the bank of international settlements(B.I.S),of roughly $1.2 trillion traded daily,swaps compose the largest portion with nearly $660 billion.The spot market is next at $390 billion per day.Traders play the spot market,forwards are used used to hedge and swaps are used predominantly by banks.
Forex participants range from central banks,import and export companies,multi nationals,commercial(including hedge and mutual funds),investors,smaller traders and individuals.
Forex trading begins in Sydney-Australia on Monday(Sunday in North America and Europe and ends on Friday in New York.Hence,markets stay open 24 hours during that period.


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