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The earth?s economic, social and political dynamics does not in anyway impede forex trading activities as it is open 24 hours daily. Sydney gets things going each day. A distinctive pattern follows with it progressing to New York, London and Tokyo before settling back down in Sydney to start up again the next day. The features of forex trading differ from trading on the NYSE, Dow or S&P 500.
Knowing what you doing before you do it is the safest advices in forex trading.
Lastly on a correlated note, example for a future with a $100 futures price: Let’s say that on day 50, a forward with a $100 delivery price (on the same underlying asset as the future) costs $88… on day 51, that forward costs, say, $90… this means that the mark-to-market would require the holder of one side of the future to pay $2 on day 51 to track the changes of the forward price; this money goes, via margin accounts, to the holder of the other side of the future.
Also, likewise connected, exchange-traded forex futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are actively traded relative to most other futures contracts.
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