the currency market there are other types of stock exchanges are: gold and silver exchanges, Petroleum Exchange, shares and bonds, agricultural crops and energy.The currency exchanges are characterized by various indicators and technical analysis, news analysis and rapid access to the profits.The daily volume of currency trading in the forex market to reach $ 3 trillion.For comparison we mention that the volume of the activities of New York Stock Exchange does not exceed $ 300 billion a day, that is, it required a half years for the New York Stock Exchange to reach the size of the currency market.And I have a bond market and sell the future (Future - FUTURE) and lack of a basic difference compared to the forex market: they stop working at the end of the day and resume work with the next morning. And it is natural that if you are trading in the markets of Germany, for example, and there in America, high-impact events on the market, you may find the market at the beginning of his work significantly different from what I expected.The forex market is not a market in the literal sense of the word, as it has no center and no place has a certain exercise a trade. The trading exercised through the telephone exchange and Internet computer at one time among the hundreds of banks around the world. Alumblyonat hundreds of dollars are sold and buy every few seconds, and this is the so-called currency trading.Forex market combines four regional markets: the Australian and Asian, and European and American. And continue to processes where all trading days of work, and the market operates around the clock 24 hours a day.And notes the relative calm and from 20:00 to 01:00 GMT, and is attributed to close the New York Stock Exchange in the eighth pm and the start of the Tokyo Stock Exchange to work in one morning.The currency market is not about working hours, because stock markets are Almtjarh between banks located in different parts of the world. And the prices of large multi-currency changes, which helps to do some business operations in a single day. It is known that reductions of a significant effect on the financial markets, which could lead to the collapse of stocks or bonds. The forex market fall in the dollar (for example) means the price rise and another currency there is no collapse of the markets such as stocks or bonds.Founded Forex market (FOREX) for the financial transactions between banks in 1971 when it turned in global trade transactions from the use of fixed values of the currencies of the values of flotation. And this product group financial transactions carried out by agents of the financial markets to convert a certain amount of money the currency of one country for currency of another country, the value of a pre-agreed to a certain date.And defines the currency conversion rate for the particular currency other simple: supply and demand for conversion approved by the parties.That the volume of operations in the global capital market in a steady growth. Associated with this great development in world trade and lifting the ban on currency in many countries. That 80% of all transactions is a speculation in the currency market aimed at obtaining profits from the differences in currency rates. And attract these speculations by many participants, both financial organizations or individual investors.As a result of the tremendous development in communications technology in the last two decades has changed the market in itself to a large degree.That the profession currency trader, which was surrounded by an aura of secrecy has become almost unanimous. That the trade in currencies, which was until recently limited to the big banks monopoly is accessible to all as a result of electronic commerce. Even the largest banks in favor of electronic trading as well as to personal transactions between two parties.The aim of the Forex market as an area for the use of the financial possibilities of the person, mental and psychological is not a stroke of luck.Some may succeed in this, but not for long. The key advantage of the currency market is that it's a place for the success of using the intellectual potential.The important characteristics of the currency market is the property of balance despite the fact that this seems strange. Everyone knows that the fundamental characteristic of the financial market is the sudden decline.However, the Forex market is different from the stock market in that it does not fall. When you lose stock value of this collapse. But if the dollar collapsed, for example, that just means that another currency has become stronger - an example of the Japanese yen, which has become in a few months of 1998 the strongest quarter, almost to the dollar. This has reached the decline of the dollar for some days in that period of tens of per cent. Although it did not happen the collapse of the market and transactions continued as usual. In this confined to the stability of the currency market and its associated work. Currency is a commodity full liquidity can be bought or sold at all times.The currency market works all the time non-stop is not linked to hours of work assigned to the stock exchange, the transactions are between banks located in different parts of the globe. That changes in currency rates are significantly and several times be sufficient to carry out several operations each day. If you have a proven trading technology and secure area of work you can make it do not compare the effectiveness of its effectiveness in any other area. Therefore, we find the big banks acquire the most expensive equipment and use dozens of specialist trading in the various sections of the currency market.The expenditure to engage in this work is not great. In fact, the business needs in this area of the primary study and the acquisition and the purchase of a computer information service and the value of insurance all together does not exceed a few thousands of dollars and this amount can not invest seriously in any other field. With a huge supply of services in this area is easy to find an experienced agent in the currency market. What is left after that depends on the stores. Conclude from this that the success in this area depends on you personally, rather than in any other work.The basic thing for success in this market is not the size of the money market intervention by as much as Hoturkaz at constant market research, and understand Makanekyate and desires of the participants. This results in the continuous improvement of the way you work and organize your trading. This did not happen to a person successfully adopted in the currency market to capital only.I have cut the global currency system a long way in a thousand years of human history, but the changes that occur in today's most interesting and did not notify the minds of one before. There are two basic alter define the new shape of the global system of currencies:
* The cash break now fully separated from any carrier material;
* Communications technology has enabled the exchange of information and collection of strong financial systems of different countries in the global financial system and one
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