What is Forex??

What is Forex ? The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of well over US$1 trillion -- 30 times larger than the combined volume of all U.S. equity markets. Unlike other financial markets, the forex market has no physical location or central exchange. It is an over-the-counter market where buyers and sellers including banks, corporations, and private investors conduct business. A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York.the unmatched liquidity and around-the-clock global activity make forex the ideal market for active traders.Technical and Fundamental Analysis ? There are two basic approaches to analyzing the currency market, fundamental analysis and technical analysis. The fundamental analyst concentrates on the underlying causes of price movements, while the technical analyst studies the price movements themselves. A Technical Analysis is what one uses to attempt to predict future price movements, based on past time framed analysis and the reading / understanding of graphics. The study of specific factors, such as wars, discoveries, and changes in Government policies, which influence supply and demand, and consequently prices in the market place.Psychology of Trading ? Fundamental and technical factors are undeniably essential in determining foreign exchange dynamics. There are, however, two additional factors that are paramount to understanding short-term movements in the market. These are expectations and sentiment. They may sound similar, but remain distinct.Forex vs Equities and Futures ?Commission Free Trading20 : 1 Leverage (or even greater)24-Hour MarketAbility to Profit in Up or Down MarketSuperior liquidity The 8 most important trading recommendations ?The Trend is your friend.In up-trends, buy the dips; in downtrends, sell bounces.Let profits run, cut losses short. Always use protective stops to limit losses and move them only to reduce potential losses or protect newly achieved profits. Why trade Forex with Realtime Forex SA ? ?Realtime, competitive pricesCommission FREEQuick and efficient tradingSecure transactionsProfessional back-office servicesMarket InformationMargin