DEC 6: How to Recognize Patterns in Forex Trading Markets
Forex works by making transactions in foreign currencies that are not centered on an exchange like the New York Stock Exchange (NYSE) instead; they take place world wide through telecommunications. The forex trade is open 24 hours a day beginning on Sundays in the afternoon until Friday afternoon. There are dealers to quote all the major currencies in nearly every time zone through out the world. After the investor decides on what currency to purchase, the transaction is made through one of those dealers. Some of these dealers can even be found online.

The important decision is to select one stock market. Avoid the tendency to want to trade everything and realize that there are enough potential profits by trading just one stock market.