.....When is the best time and hours for forex trading:
* The European session was the most busy and crowded.
* When overlapping provide liquidity and high volatility, this is your chance to immediately achieve the gain / profit in a short time.
* By mid-week (Wednesday, Thursday, Friday) where the price movement pips are at the highest value.
When is the time and hours that are not suitable for forex trading:
Most movement occurs when the early trade, which fundamentally new economic news released.
Tokyo market will also have some impact to open markets further, Because traders in Europe and America will see what happens before through the Tokyo market.
At certain times of liquidity could be very small, visible at a very small price movements.
The currency pair you are trading that may be on the Asian session is, JPY and AUD.
London's Calling
The European market is forex trading sessions of the most crowded, where thousands of world-class entrepreneurs forex trading transactions. Here are the characteristics of the session in the London market, namely:
Range of price movement becomes very high (Volatile).
Some important news in the Euro zone will also greatly influence price movements.
Since the London session has time overlapping with other markets, the forex trading session becomes very crowded. This resulted in very high liquidity and spreads into smaller pips.
During the day volatility will decline as lunch break and wait for the American session open.
The trend will continue until the majority of the early session on the New York market trade.
Forex trading sessions on European time makes all very interesting pair to be traded. As in the major pairs: EUR / USD, GBP / USD, USD / JPY, and USD / CHF. Some cross pair like EUR / JPY and GBP / JPY also can be glimpsed as it moves quite stable, many traders liked this cross twisted pair.
New York, New York
New York is the center of trade and business in America, the city is also nicknamed the "City that never sleep 'means the city that never sleeps. Since the USD is the currency of the world, and nearly 90% of trade will always involve dollars in it. The following characteristics of the American market:
After European markets closed, the liquidity and volatility also tends to decrease. Especially during the afternoon session of the United States.
Economic news can move the market price, considering all trades involve the dollar.
High liquidity may occur at the beginning of trading in the morning, because of overlapping with the European session.
On Friday US time, the trade will decline drastically, as traders in Asia and Europe had stopped moving, and get ready for the holiday weekend.
Some of the trend reversal may also be common in the period of time after the afternoon session Americans. Some traders do not want to leave the position open to avoid things or news that may occur at the weekend.
In forex trading session at United, all twisted pair is also very interesting to play. You just need extra attention to the important news that will come out, because the dollar can move wildly.
You can search for more profit by utilizing forex trading session European time. Because the European session is the most busy and crowded. Similarly, when there is overlap, you can make a profit in a short time.
Asian markets are less suitable for aggressive traders, due to the volatility and low liquidity. And do not forget to always pay attention to the news or other important events. Even as the World Cup soccer event could make the market be quiet, because the attention of traders switch.
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