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good my friend and i think you have some good experience about the market volatility but sometimes we can see that there are some good times to be able more good trades and that is two hours after the start of the usa session. we can do the good trades at that time.Quote:
Originally Posted by vandexe
i think every time is best for trading if you understand ,market movement. for me i personally choose 2-5pm and also 8-10 pm because i think that time market movement is so much fast, and i can easily understand market movement. that time i just take only one pair and like to choose scalping strategy for take more profit.
Look at this will help you a lot ..Especially if you're a newbie..
http://www.investopedia.com/ask/answ...daytotrade.asp
Yeah it mainly depends on the individual itself. The way he acts, either scalping or day trading or swing trading. Swing traders require less time in front of the maps that compare with others.
forex is another kind of job. because if you take forex seriously then sometimes it may hamper your psychology.
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this depends from which point of view you are thinking of. Its an earning source for many jobless people. Many people do trade like job such as from morning to night
bohot se experience holders traders ye khete hain kay London and New York session ki timing sab se best timing hoti hai forex trading business main aur mere khayal se agar ap fresh mind hon aur totally free hon without any tenshion so i think ap achi trading kar sakte ho.
I am always happy when trading when the session london and america. because at that time I saw a lot of rapid movement. and it made me get a chance to make a profit quickly. although I realize it will also increase the risk of loss when I sell the current session. but I think I can handle it when I always use good money management in trading.
I chose trading at 2 pm - 22 pm GMT +7 because at the direction of the market is seen more clearly than at another time. especially in the American session, clear market direction and we just follow the existing signal
As i accept as true with that enjoy which we should really swap primarily on days once is going to be markets can be opened and even there is always decent move with the fees several other advisable on dull or boring days it is complicated to help make any specific make money.
Most forex traders should trade during the late US, Asian or early European trading sessions – essentially 2 PM to 6 AM Eastern Time (New York), which is 7 PM to 11 AM UK time.