24-Hours market
The FOREX market is 24 Hours open all hours. With most brokers, trading is on 5 Days a week possible, the customer service is at 7 Dawn, 24 Hours available. You can go to American, Trade Asian and European market hours, This allows you to set up your own trading schedule. When trading stocks, you are always bound to the trading hours of the respective stock exchange.

As with any training, you have the opportunity to expand your vocabulary. As a beginner, you should know what the following terms are all about, before you start trading. You've probably read most of the terms before, however, a small summary never hurts.

Before we go any further, we want you to be absolutely clear about the following points.:

• Every FOREX trader, and by that we really all mean, sometimes lose when trading. Most beginners lose their money, due to poor planning and practice, or because there are no personal rules for use and risk.
• Never trade with money whose loss you can't take away: Do not take money that you absolutely need to pay the next electricity bill or what to buy to eat to top up your FOREX account. The risk is simply too great, that you will be left empty-handed afterwards.

Welcome to the primary school. We are looking forward to, that you attend primary school and are ready, acquire extensive knowledge of FOREX trading. The Forex Primary School consists of a total of 81 Topics, which you should work through attentively and occasionally repeat in order to become saddle-proof in all areas.

There are three different types of charts:

• Line Charts (Line chart)
• Bar Charts (Bar graph)
• Candelstick Charts (Candlestick chart)

Let's take a look at the charts in detail now….

In the previous chapter, we briefly addressed the topic of candlesticks, now we will take a closer look at what candlesticks are and how you can use them for your activity as a FOREX trader. Candlesticks are originally from Japan, Steve Nison then discovered this technique for use in trade statistics.. Now let's take a look, what candlesticks are, what they tell us and what they are made of.