What is Forex?
How Do You Trade Forex?
Now, it's time to learn HOW to rake in the moolah!
When Can You Trade Forex?
Now that you know who participates in the forex market, it's time to learn when you can trade!
Who Trades Forex?
From money exchangers, to banks, to hedge fund managers, to local Joes like your Uncle Pete - everybody participates in the forex market!
Why Trade Forex?
Want to know some reasons why traders love the forex market? Read on to find out what makes it so attractive!
Margin Trading 101: Understand How Your Margin Account Works
A beginner's guide on how margin trading works. If you skip these lessons, you will quickly obliterate your trading account. Guaranteed.
- What is Margin Trading?
- What is Balance?
- What is Unrealized P/L and Floating P/L?
- What is Margin?
- What is Used Margin?
- What is Equity?
- What is Free Margin?
- What is Margin Level?
- What is a Margin Call Level?
- What is a Stop Out Level?
- Trading Scenario: Margin Call Level at 100% and No Separate Stop Out Level
- Trading Scenario: Margin Call Level at 100% and Stop Out Level at 50%
- Trading Scenario: What Happens If You Trade With Just $100?
- Warning: Different Forex Brokers Have Different Margin Call and Stop Out Levels
- The Relationship Between Margin and Leverage
- Margin Jargon Cheat Sheet
When Can You Trade Forex: Tokyo Session
Talking about the Asian session which means Tokyo session at Forex, it is essential
to know that Japanese yen is third most traded currency on the platform and same
goes with Japan as it holds the third most traded session of Forex. Tokyo session
starts at 12:00 GMT, and during its entire working hours, it gets overlapped by two
other sessions, Sydney and New York. This session witness around 21% of the FX
transaction per day. Private companies and Central Banks are the leading traders
who remain highly active during the Tokyo session, Japan’s economy is mainly
dependent on exports and from the last few year’s China has also emerged as a
significant trade player.
The most suitable and trade worthy time is the early hours when economic and
finance related updates get updated, and FX market rates start rolling. Tokyo
session also acts as the leader of other sessions because the moves which get set
at this session gets followed or at least studied by the later coming sessions.
Thinning of liquidity is a common scenario in the Tokyo session, and traders often
wait for long hours to set a good trade. While liquidity gets the stick, currency
pairs became immobilized and get glued within a range. It provides a chance to
short day traders or potential breakout traders in the last hours of the day.
Majority of the traders likes to trade in currency pairs like AUD/JPY followed by
USD/JPN. Japanese yen holds a great place in FX market place as around 16-17%
transactions get done through this JPY.