Before this article starts, a precedent has to be established first and foremost. The precedent is one of the features of the market that you should be familiar with now, especially so if you are a trader. The Forex market has a trade characteristic that is quite unique to it, in which trade is considered to be 24 hours a day, every week and only closed on the weekends.

When it starts is Eastern Standard Time, 2300 on a Sunday and it closes midnight on a Friday. When one market opens up in one region, then another market will close and vice versa – this is what gives the Forex its longevity as it moves from one region to another during the course of the trading day. Even when you are sleeping, there is still half the world that is still currently trading with breakneck speed and if you happen to suffer from insomnia, you can even access these markets anytime you want and make some decent money as well. In relation, one other thing you should be aware of is the regions of the Forex market; it usually starts in London and ends in New York, stopping by places like Tokyo, Singapore as it moves around the globe.

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Invest in forex and make hundreds of pips in just minutes by trading the news. Is this really possible? Yes it is! Some forex traders only trade around major news releases because the market moves 50 – 100 pips or more in just seconds. Sounds pretty exciting, huh? Well, let’s learn more about this type of trading and how you can make money from it.

Why trade the news?

If you know what you are doing, you can make major pips in just a short amount of time. News releases cause the currency markets to move very quickly, and since the forex is world-wide and open 24 hours a day, the next major economic data is just around the corner.

What currencies should I trade?

You want to trade currencies that are greatly affected by the news. This will limit you to the major players in the world economy – namely the United States, Britain, Japan, and the European Union. There are many economic releases in these countries which gives you plenty of trading opportunities.

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