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You must determine the time period of your charts based on your trading strategy or system. Therefore it is advisable to use a graphic that suits the strategy used. In my opinion if you are a short-term investor you should use graph of one hour or less. The upper graphs should not be discarded but should be used to give a general overview of the market.
If we want to test it so we should use the strategy in the demo account to know its effectiveness
but I think you should not use too many combinations of strategies. If the strategy proves its effectiveness,
then you can try it in a demo account first. But if you try it, it can waste a lot of time.
In this business there are short and long-term investors. According to his strategy, the investor will use different types of chart. All this depends on the personal qualities of the investor. You can choose between operating with graphics of one hour or less for strategies based on techniques such as scalping. for long-term techniques the graphics of a week offer a very valuable information.
I think the best time to trade when the market is so unstable and moving so well that we can make a quick income,
but we have to use all our knowledge and skills to capture every possible advantage of this market and
we can trade while new releases as well because the market movement is good but we need to make
a good fundamental analysis to know the impact of news on our spouse
it's not good just to rely on the best forex trading time. You must follow the signals of
your forex trading strategy then you find that you can get more profit from this business
and earn a nice profit. But it's good to trade in London and New York sessions because in both
sessions this model is more volatile and gives a good trading signal from the forex market.
I think all the time is the best for trading. The best time is dependent on the attitude of the forex trader.
If trader wants to scalping for Avg. 5 Pips then he can trade anytime. On the other hand
if anyone chooses Day Trading then the best option is the London session, if there is a trader
who trades long PIP then he can trade in American session or London session.
Surely the best time to trade when the market is very volatile and moving so well that
we can perform fast, but we must use all our knowledge and ability to capture every possible advantage of this market.
And we can exchange new items that are also released because the market is moving good but
we need to make a good fundamental analysis to know the impact of news on our spouse !!!
Well I think mon day is the best time in trading there is no shortcut for foreign exchange
transactions because it takes a lot of time to master, in principle you can learn this profession
at least 3 months, or more depending on you. your current understanding and skills and intelligence
is to work hard and be vigilant and practice forex trading strategies at the expense of a successful
pilot or known as a "demo" account and I think the money is the real owner of the demo. from you .. Do not be greedy
trade ka sub say best time news kay time tarding karna hota hai kyun kay news kay time market main movement bohat fast hoti hai aor market ya to up ya phir down ki taraf move karti hai aor news ka pata apko eak website jis ka name forex factory hai per ja kay dekh saktay hein.
I think this big movement is mainly due to news time alone. You may always wait for the real trend
and then enter the market. And also you can do the analysis to know the correct entry point and exit point.
If you always rely on session time, you may get floating deals. The market shows different moves every time,
so always be ready for the reversal.