SuperForex-Lecture-1---Introduction

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  1. What is Forex?
  2. Who are the Forex market participants?
  3. When does the Forex market come?
  4. What are the market working hours? Where does a new trading session day open?

The forex international exchange market represents a particular version of the world financial market.

The Forex traders (market participants representing a company or trading at their own cost) aim to make a profit from purchasing and selling a foreign currency.

The exchange rate of all currencies which are in the market turnover changes continuously due to demand and supply fluctuations, influenced significantly by any essential events in a community in the economic, political and environmental sectors.

Consequently, the foreign currency price moves one way or another, for instance, dollar-denominated.

Using this movement with the common Forex market cliché “Buy cheap, sell expensive,” traders draw income.

The Forex market may be distinguished from other financial market sectors because of a fast reaction to the tearing dynamics of numerous externalities.

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