The first point I want to say, is that you will hear a lot of rubbish written about the best times to trade.
Today, it of a huge market to tell people that they have to be in contact with indications of price all the time to make money - Nonsense!
This is usually placed on the day traders (which anyway that all losers in the short term, all movements are random) who think that it helps. They also put another myth - stop hunting by brokers! Forex brokers do not need to do this, because day traders have their stops randomly in volatility and have stopped anyway.
So, what is the best time to trade?
If you are swing trading or the following trend the best moments of the Exchange are:
After closing us stock market or the start of the session in London.
When I started forex trading, we have not really market exchange at retail, to each and every traded Forex futures. We all tend to negotiating on our base of the fence of the US market, it worked very well and I continue to use this period to this day.
Today, the hours of trading in London see more volume and then the United States.
The Asian market is not really significant in terms of direction, you tend to focus on the big two.
My commercial is always made to the closure of us markets and I verify open London and that's it.
All the hits you see intra day are random so one should not look at them.
You hear traders, to look at the price of screens, and I always think why?
It will not help you to earn money, points out - you, your emotions is involved and it is boring!
Therefore, if you want to the trading on forex and you want to have a good time to launch your signals, I would like to use the close of New York, and so not even totally sure, London and wait, that's all.
Forex trading is to make money and traders who believe that the prices all day watching need to refresh their currencies on education, because he will not win.
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