Online foreign exchange trading takes place all around the globe. The market is open, actually from four pm EST sunday to four pm EST friday. This is great for anyone who cannot trade during business hours in their own time section. Currency trading is always an exchange of one currency for another. You are buying money, and the only real way you can do that’s to give another type of money whose relative price will change. This suggests that you can trade in either direction, going long or going short.
For whatever reason, the forex market adapts well to automation much easier than the stock market. Currency exchange robots are created out of all types of trading systems and many of them are successful. This is not the case with stock trading.
