 Welcome, welcome, everyone. My name is Mario and I'm here live on RISC TV giving you guys a training about what is Forex? A lot of you guys might know what Forex is, but what about those that do not know? So, Forex is a breed as a FX or FRX. It's the official trading market where you can exchange different currencies across the world. In short term, it is foreign exchange. Forex market is the most traded market with a turnover of 5.1 trillion per day. To put this into perspective, the US stock market only trades around 250 plus billion a day, only a fraction of what Forex trades. As you can see, there's a big big difference right there between the Forex market and the stock market. Forex market is traded 24 hours a day, five days a week, across by banks, institutions, and individual traders worldwide, like myself and my team. There's no centralized marketplace for Forex. You can trade Forex anywhere, anytime. Meaning, if you're on vacation, you can trade Forex. If you're on an airplane and you have Wi-Fi, you can trade Forex right on your phone or your laptop. Anywhere in the world where you are, you can trade Forex. Now, Forex has four major time zones to trade on, and they are New York, London, Tokyo, and Sydney. These are the market hours for all four sessions. As you can see, New York opens, opening time is at 8 a.m. Eastern Time, and it closes at 5 p.m. Eastern Time. London opens at 3 a.m. Eastern Time and closes at 12 p.m. Eastern Time. New York and London overlap between 8 a.m. Eastern to 12 p.m. And then we have Tokyo. Tokyo opens up at 7 p.m. Eastern Time and closes at 4 a.m. Eastern Time. London and Tokyo overlap between 3 a.m. and 4 a.m. And then you have Sydney. Sydney opens at 5 p.m. Eastern Time and closes at 2 a.m. Eastern Time. Sydney and Tokyo overlap between 7 p.m. and 2 a.m. So, and now the question is, how does trading Forex work? How do you trade a Forex? What are you trading? Trading Forex involves the buying of one currency and simultaneously selling it for another. In Forex, traders attempt to profit by buying and selling currency by actively speculating on the direction currencies are likely to take in the future. For example, if I am buying your USD, if I'm buying it is because Euro is strong. So if I buy Euro, it will go up. Now let's say USD is stronger than the Euro, then I will sell and I will sell the USD Euro. So you're not guessing, but you are buying the pair that is stronger. So that was a short training, guys. If you want to learn more about Forex and trading the market, just email me at m underscore oregano52ayahu or just email rich. Hopefully you guys like this little short training. I know it's not a lot, but it was just a short training. And I will have more training in the future to come. Thank you guys and enjoy your day.