depending on the currency you are trading. Some people began to trade any time euro open. there is also some traders trade when us open. depends on you.
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depending on the currency you are trading. Some people began to trade any time euro open. there is also some traders trade when us open. depends on you.
There is the time when London and New York session overlaps each other. And most of the traders believe this is the best time to enter the trade as the market suffers more volatility. So there is more chance of making good profits during that time.
according to me,the prizewinning moment to swap is when we are in the perfect mindset.A better ,comprehensible and fresh care is needful for trading.If we score that mindset i am reliable we can craft in any good of industry.
jo trader long term trading kartay hay wo es market sa acha earn kar saktay hay aur un k liyay sb sa time frame long time frame .kyu k agar ap long term trade karna cahtay hay tu fr ap ko analysis bi long time frame per karni cahiyay.:)Quote:
Originally Posted by iTradeFx4life
From my point of view this depends on your trading method if you want to trade at a time when the market quiet when the best time is in the Asian market as it begins 11 pm and a movement which is quiet, which gives you a chance to think quietly away from the vagaries of the market fast.But if you love the rapid movement and are active in the London market and New York
A forex currency trader should just make sure that they improve greatly in their trading through getting the best knowledge in forex so that they can open trades at any time and still end up in profits.Quote:
Originally Posted by monpabna
Certainly there are many times in day , which can be good for trading....but if some the news is releasing and we know the affecting of that news on the markets, then it is best times for the trading and also trading during European sessions is great...because we can make more profite with it and it has more movements !!!
For me i guess there is no particular time which is best for trading. if you have much time , you can use it for trading for a long time. and if you don't, you can frames yours trading time up to the 4 to the 6 hours !!
For a better trader always better time for trade they do not need any specific time or date. So I think you wll got your answer. so become a good trader then you will gain from Forex market.
The London and new York sessions have high volatile market so this means that this is the best time to open trades and have a chance to either make profits or to recover from our past losses.