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{PARAGRAPH}The foreign exchange market forexFXor currency market is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of law of trading, it is by far the largest market in the world. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another.
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Read Full{PARAGRAPH}If you have not done so already please read part 1 first: Best Best Currency Pairs to Trade. In the first part of this article we discussed which currency pairs are the best to trade and explained the differences between the majors, crosses, and exotics. Since you have read part 1 and you now know which currency pairs to focus on and why, it is important that you understand when the different forex trading sessions are, how they differ from each other, and the best times and days to trade. The idea is to trade when the market is the most volatile, because volatility means that a market is moving, and money is made when the markets are moving, not when the market forex quiet and calm.
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