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Trade Around the Clock
mercuryhd

Member Since Jan 31, 2020  1 posts mercuryhd Jan 31 at 19:43
Forex is the one financial market that never sleeps, meaning you can trade at all hours of the day (or night). Unlike the world's stock exchanges, which are located in physical trading rooms like the New York Stock Exchange or the London Stock Exchange, the Forex market is known as an 'Over-the-counter market' (or OTC). This means that the trades take place directly between the parties holding the currencies, rather than being managed via an exchange.

Consequently, the Forex market has never been restricted to the business hours of any one exchange.

However, since the Forex market is a global market, it means there is always a part of the world that is awake and conducting business, and during these hours their currencies tend to experience the most movement. For example, currency pairs involving the US dollar experience the most movement during US business hours (16:00 to 24:00 GMT), while the Euro, Pound, Swiss Franc, and other European currencies experience the most movement during European business hours, (8:00 and 16:00 GMT).

By contrast, the Australian Dollar, the New Zealand Dollar and the Japanese Yen tend to be more active between 00:00 and 08:00 GMT. As a trader, this means you can trade whenever it suits you - if you work during the day, there will be currencies available to trade before or after work. If you have children but are at home during the day, you can simply choose a different currency. In the Forex market, you can trade 24 hours a day, 5 days a week.

If you would like to learn more about the benefits of Forex Trading, why not check out our comparison article on the topic? And find out which market is right for you! https://www.mercuryhd.com

Treeny

Member Since Feb 08, 2019  126 posts Treeny Jan 31 at 20:33
You can trade 24/7 on the crypto markets, no busy periods or trading sessions. It's just there all the time....

feelsofine

Member Since Dec 09, 2019  16 posts feelsofine Feb 04 at 05:41
^ I don't think that user was talking about crypto markets?

willtradr

Member Since Jul 09, 2019  25 posts willtradr Feb 18 at 06:43
feelsofine posted:
^ I don't think that user was talking about crypto markets?

Yeah. They are not talking about crypto markets.

togr

Member Since Feb 22, 2011  4592 posts vontogr (togr) Feb 18 at 14:51
mercuryhd posted:
Forex is the one financial market that never sleeps, meaning you can trade at all hours of the day (or night). Unlike the world's stock exchanges, which are located in physical trading rooms like the New York Stock Exchange or the London Stock Exchange, the Forex market is known as an 'Over-the-counter market' (or OTC). This means that the trades take place directly between the parties holding the currencies, rather than being managed via an exchange.

Consequently, the Forex market has never been restricted to the business hours of any one exchange.

However, since the Forex market is a global market, it means there is always a part of the world that is awake and conducting business, and during these hours their currencies tend to experience the most movement. For example, currency pairs involving the US dollar experience the most movement during US business hours (16:00 to 24:00 GMT), while the Euro, Pound, Swiss Franc, and other European currencies experience the most movement during European business hours, (8:00 and 16:00 GMT).

By contrast, the Australian Dollar, the New Zealand Dollar and the Japanese Yen tend to be more active between 00:00 and 08:00 GMT. As a trader, this means you can trade whenever it suits you - if you work during the day, there will be currencies available to trade before or after work. If you have children but are at home during the day, you can simply choose a different currency. In the Forex market, you can trade 24 hours a day, 5 days a week.

If you would like to learn more about the benefits of Forex Trading, why not check out our comparison article on the topic? And find out which market is right for you! https://www.mercuryhd.com


That is not true for common forex trader who can trade just 24/5.
During weekends only big parties are meddling with rates.

I like what I trade, I trade what I like
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EURUSD 1.09932 GBPUSD 1.27824
USDJPY 108.137 USDCAD 1.34072

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.