Forex: The Complete Guide
It's 3:15 AM on a Tuesday. Your algorithm has just executed a trade on EUR/USD while you were asleep, capturing a 12-pip move that would have been impos...
It's 3:15 AM on a Tuesday. Your algorithm has just executed a trade on EUR/USD while you were asleep, capturing a 12-pip move that would have been impossible for manual trading to catch. This is the power of algorithmic forex trading, where technology executes strategies with precision that human traders simply cannot match. Forex is the global decentralized market for trading currencies, where participants exchange one currency for another based on fluctuating exchange rates. It's the largest financial market in the world, processing trillions of dollars daily. The foreign exchange market has evolved into a behemoth of financial opportunity, now processing a staggering daily volume that exceeds $7.5 trillion. Key fact: Trading in foreign exchange markets averaged US$9.6 trillion per day in April 2025, up from US$7.5 trillion in 2022. Forex Market is the global decentralized market for trading currencies. It's the largest financial market by trading volume, processing trillions of dollars daily. The market operates 24 hours a day, five days a week, with no central exchange.