Foreign exchange market is different from the stock market

The foreign exchange market is also known as the FX market, and
the forex market. Trading that takes place between two counties
with different currencies is the basis for the fx market and the
background of the trading in this market. The forex market is
over thirty years old, established in the early 1970's. The
forex market is one that is not based on any one business or
investing in any one business, but the trading and selling of
currencies.

The difference between the stock market and the forex market is
the vast trading that occurs on the forex market. There is
millions and millions that are traded daily on the forex market,
almost two trillion dollars is traded daily. The amount is much
higher than the money traded on the daily stock market of any
country. The forex market is one that involves governments,
banks, financial institutions and those similar types of
institutions from other countries. The

What is traded, bought and sold on the forex market is something
that can easily be liquidated, meaning it can be turned back to
cash fast, or often times it is actually going to be cash. From
one currency to another, the availability of cash in the forex
market is something that can happen fast for any investor from
any country.

The difference between the stock market and the forex market is
that the forex market is global, worldwide. The stock market is
something that takes place only within a country. The stock
market is based on businesses and products that are within a
country, and the forex market takes that a step further to
include any country.

The stock market has set business hours. Generally, this is
going to follow the business day, and will be closed on banking
holidays and weekends. The forex market is one that is open
generally twenty four hours a day because the vast number of
countries that are involved in forex trading, buying and selling
are located in so many different times zones. As one market is
opening, another countries market is closing. This is the
continual method of how the forex market trading occurs.

The stock market in any country is going to be based on only
that countries currency, say for example the Japanese yen, and
the Japanese stock market, or the United States stock market and
the dollar. However, in the forex market, you are involved with
many types of countries, and many currencies. You will find
references to a variety of currencies, and this is a big
difference between the stock market and the forex market.

Prophet1 Forex Expert Advisor for the Metatrader 4
(MT4) Platform is a highly profitable automated trading system.
Most expert advisors sold today do not deliver the profit the
forex investor is seeking. Most will only work in certain market
conditions and for short periods of time. Not Prophet 1.
Prophet1 is profitable in all market conditions and for extended
periods. Our test will show our trades are over 90% profitable,
growing our balance from $1,000 to over $42,000. Amazing results.

FAQ's

Q: can Prophet1 be used with any currency pair?
A: No. It is designed to work with only the GBPUSD

Q: can you use any time frame?
A: No. It is designed only for
the GBPUSD on the 4 Hour Chart

Q: Is Prophet1 fully automated?
A: Yes. You only need to set
Prophet1 on the GBPUSD 4 hour chart and let it run.

Q: Is there money management build into the EA?
A: No. In the
settings you choose the number of lots. In our testing we used
one standard lot for all trades.

Q: Does it matter what forex broker you use.
A: No.

Author: Sairil Syam
About the author:
Prophet1 Forex Expert Advisor for the Metatrader 4
(MT4) Platform is a highly profitable automated trading system.

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