currency markets


0
Share via
1 share
currency markets
Loading ....

The forex market is truly an innovative marketplace. It truly never closes. It is open from Sunday afternoon Eastern Standard Time to the following Friday afternoon Eastern Standard Time. So if you really wanted to trade 24 hours a day, you are more than welcome to do so.

Just to clarify, there isn’t one forex marketplace. It is actually a network of currency markets whose opening and closing times overlap. So when one market is closing, your next market is opening, making it a 24 hour trading network.

While you are more than welcome to trade 24 hours if you want, there are just a few optimal hours to trade each day. That is the key to extracting the most profit out of the day. You have to recognize the high volume transaction periods. Those allow you to actually come in at attractive support levels, ride out your trade to its full term, and exit with your profits.

Remember to keep in mind that some days and markets have more transactions than others. You will begin to recognize the optimal trading times as you gain more experience. Generally speaking, the highest transaction volume for the major markets occurs in the middle of the week. Some hours are much busier than other, but overall, Tuesday and Wednesday have the highest pip variations.

Here is a quick rundown of the major forex markets:

New York – 8:00 am to 5:00 pm EST

London – 3:00 am to 12:00 noon EST

Sydney – 5:00 pm to 2:00 am EST

Tokyo – 7:00 pm to 4:00 am EST

 


Like it? Share with your friends!

0
Share via
1 share

What's Your Reaction?

cute cute
0
cute
damn damn
0
damn
adore adore
0
adore
scary scary
0
scary
vomit vomit
0
vomit
wtf wtf
0
wtf
cry cry
0
cry
laughcry laughcry
0
laughcry
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
COIN KUDU®

Try Spin to Win!
Kindly get back to your previous orientation view... your wheel is rolling there...
Spin to Win!

Congrats! Your coupon has been sent to you via email (claim your coupon in the next 24 hours before it expires)
COIN KUDU® Coupons
Love saving money? Give it a spin!
#1 Enter your best email
#2 Click the button below to spin the wheel
#3 Claim your prize in the next 24 hours
reminder: if email is not in inbox, then check spam folder

socialpilot
close-link
Talk to an Expert
Talk Now
close-image
close-link
Congrats! Your coupon has been sent to you via email (claim your coupon in the next 24 hours before it expires)X
Send this to a friend