Online currency exchange trading takes place all around the world. From Monday to Fri it is always business hours somewhere, so trading can happen twenty-four hours a day, 5 days each week. The market is open, actually from four pm EST sunday to four pm EST friday. This is superb for anybody who can’t trade during business hours in their own time area. You can get online evenings or early mornings instead. This means that you can trade in either direction, going long or going short.

For whatever reason, the forex market can be adapted to automation much easier than the stock market. Foreign exchange robots are created out of all sorts of trading systems and many of them are successful. Perhaps it is simply because stock movements are less widespread, relying more on company policy and insider information than technical analysis. And anyway, this will actually be one of the advantages of online foreign-exchange trading.