Instead, currencies are traded by a global network of banks, dealers and brokers, which means you can trade any time, day or night, Monday to Friday.FX prices are influenced by a range of different factors, including interest rates, inflation, government policy, employment figures and demand for imports and exports.And because of the sheer volume of currency traders and the amount of money exchanged, price movements can happen very quickly, making currency trading not only the largest financial market in the world, but also one of the most volatile.
Take a trip to France and you convert your pounds into euros. Pipsychology was created to help minimize this from happening to you. The most significant action that you can do to improve trading profits is to work on yourself. My goal is to share practical advice to improve your forex psychology without boring you to death. It is also one of the fastest and most volatile financial markets to trade. Foreign exchange markets can also display significant short, medium and long-term trends, but most impor.