Answer
The forex market actually consists of many international markets around the world, including London, New York, Sydney, and Tokyo.

A specific country may have a holiday where traders in that country may take a break from trading; however, there are still traders in other countries who will continue trading, since their country doesn't celebrate that holiday.

Bottom line...although country-specific holidays may impact forex trading activity in terms of lower volume and higher volatility, they won't close down the forex market entirely. Trading still continues somewhere around the world.

do you know about the forex (4X) market?

My father recently started investing in this type of "money" market. its suppose to work off the changing value of international money.
Anyway I've never really been able to give him help on anything and thought maybe some of you knew some "tips", "tricks", "Advice". Anything I could pass along to him.

Answer
The Forex market is full of scammers and people who sell questionable investment products than make them rich and not you. I would advise your father against Forex trading. he is likely to lose money in the long run. Forex is useful to companies that make money in one country and need to exchange it for money in another country, but most individuals who trade Forex lose money.

The foreign exchange market (FOREX) is the largest financial market in the world, with a volume of over $1.3 trillion daily; more than three times the aggregate amount of the US Equity and Treasury markets combined. Unlike other financial markets, the Forex market has no physical location, no central exchange.

A 24-hour market - A trader may take advantage of all profitable market conditions at any time. Uncorrelated to the stock market - A trader in the Forex market involves selling or buying one currency against another. Thus, there is no correlation between the foreign currency market and the stock market. Bull market or a bear market for a currency is defined in terms of the outlook for its relative value against other currencies. Conversely, if the outlook is pessimistic, we have a bull market for other currencies and traders take profits by selling the currency against other currencies. Inter-bank market - The backbone of the Forex market consists of a global network of dealers. The Forex market operates in a manner similar to the way the NASDAQ market in the United States operates, thus it is also referred to as an over the counter ( OTC ) market.

The Foreign Exchange Market or known as FOREX is a world wide market for buying and selling currencies. Forex (currency Exchange) in the simple term is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).

Even small changes can result in substantial profits because of the large amount of money involved in forex market. The FOREX is made up of about 5000 trading institutions such as international banks, central government banks (such as the US Federal Reserve), and commercial companies and brokers for all types of foreign currency exchange. Businesses use the market to buy and sell products in other countries, but most of the activity on the FOREX is from currency traders who use it to generate profits from small movements in the market.

Everybody must have known about forex (currency exchange) market and advantages that offers. To start and try, there’s some tips about basics in forex and tell what you need to join in this challenge market.

Trade forex Learning
Before 1980’s, only large players such as banks and multi national corporations were permitted in the forex market. But after that, there are revisions that allow small investors to participate using ‘margin account’. This one makes forex trading has become so popular because with margin account 100:1, with a $1000 investment you can control $100000.

However forex is not an easy thing and you need to learn to make prudent investment decisions. Learn the risks that involved in and find out as much as possible about the forex market are a good step for any beginner before start trading in Forex. Also don’t forget to set up your mentality.

FOREX traders usually require a broker to handle transactions. Most brokers are reputable and are associated with large financial institutions such as banks. A reputable forex broker will be registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) as protection against fraud and abusive trade practices.

To open an account in forex is very simple. You just need to fill out a form and provide the necessary ID. The form will include a margin account agreement which states that the broker can interfere with any trade it deems to be too risky. This is to protect the interests of the forex broker – most trades, after all, are done using the broker's money. Once your account has been established, you can fund it and begin trading.

Many brokers have different types of accounts to suit the needs of individual investors. Mini accounts allow you to get involved in FOREX trading for as little as $250, while standard accounts may have a minimum deposit of $1000 to $2500 depending on the broker. The amount of leverage – using borrowed money – varies with accounts. High leverage gives you more money to trade for a given investment.

HOWEVER – beginner traders are advised to get familiar with FOREX by doing paper trades for a period of time. Paper trades are practice transactions that don't involve real capital. They allow you to see how the system works while learning how to use the various software tools that are provided by most FOREX brokers.
Most online brokers have demo accounts that allow you to make free paper trades for up to 30 days. Every new FOREX investor is strongly advised to use these demo accounts at least until they are showing consistently steady profits.

Each broker has their own set of software tools to aid in making transactions, but there are a few tools that are common to all FOREX brokers. Real time quotes, news feeds, technical analysescharts, and profit and loss analyses are some of the features you should expect to see on most online brokers' web sites. and Almost every forex broker operates on the Internet. To access their online services you should have a reasonably modern computer, a fast internet connection, and an up to date operating system such as Windows XP. Once your forex account is set up, you can access it from any computer – just enter your account name and password. If for some reason you are not able get access to a computer, most brokers will allow you to make trades over the phone.

Forex Trading are commission free, means that you can make many trades in one day without worrying about gaining high brokerage fees. Brokers make their money on the 'spread' – the difference between bids and ask prices.
Review by Yudi Hariyanto