I think business whenever in foreign exchange industry are not good. There are some particular period in a day when a business could be good. From my point of view the opening duration of London industry and US industry are local plumber for trading in forex.
I think ...............the time of ........entry depends on your strategy..................At any time and anywhere dealing can be done by everyone. That's my opinion. Each person has their views and local plumber for currency dealing................ When ever there is a entry signal you can open the position. But generally i like to trade on trending markets than side way markets. Further you can target high volatile times to make a some quick pips
i think that might helpful for our trading if we really can know or finding some good time to make the trading, because if we can know the good time to make the trading we can also got the profit on that time, if we are got the profit on taht time of course that might be worth for us
some how according to me you may not know which is best time and which is bad time and some times you are just away and good time past so just like me stay in market all the time because it will give you chance to catch some profit if there is good situation comes in market.
To me i will always advice all traders to trade at the beginning of every opening of the economy like example the u s open and London open it is the right time to really trade a market at any given period of time
I thing that, whenever is best period in online forex trading. but some of my investor friend say me London, uk period is best. but i think its not true. market can run any pattern any day, whenever.
it is better to trade in the time of high volatility specially if you are scalping in order not to wait for much time for your positions to become mature, but you can trade at any time you want, it is a matter of patience only
It depends on your strategy because some systems works for different sessions . however the best time frame to trade is from the european session to the us session because of the movement and volume because so many traders are trading at this time and it trends well. It is also the best time to scalp.
If you want to business unpredictable and fluid industry then you can select two period. I think this two period is very unpredictable and fluid industry situation. That two period is London, uk and NY period. I really like this two period.
If you have a margin account that has less than $25000 in it, you are not allowed to engage in pattern day trading. which means you are allowed three day trades within 5 business days rolling. If you did not take a trade until the following Thursday, you would be fine for 3 new day trades.