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Trading time is very important
Sep 05, 2021 at 14:17
Mitglied seit Jul 19, 2020
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UweMoench posted:
@AliaDare Yes being impatient is not good for trading. We need to have patience. A trader has to wait for the perfect set up. You just can't jump out into the market.
There is a quote in trading that the market is a converter that reaches the impatient to a patient to the people.
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Sep 07, 2021 at 14:21
Mitglied seit Jul 19, 2020
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Williamfreed posted:
Keep your mind relaxed when trading and only sit in front of the screen for 2-3 hours at a time. To stay healthy, you should go to the gym or go out on the streets.
Good information, this formula is very convenient. Consistent profit cannot be made in trading without mind relaxation.
Sep 08, 2021 at 18:55
Mitglied seit Jan 29, 2020
22 Posts
Time is of utmost importance in trading. Sometimes it is no just a matter of hours when the volatility reaches its peak, but also some huge economic events, so a trader should pay much attention to all the economic events that happen currently.
Sep 09, 2021 at 06:37
Mitglied seit Oct 16, 2020
125 Posts
You can trade in different sessions , however it is to be kept in mind that some pairs show more volatility during a particular trading sessions while others don’t. So you need to choose the pairs wisely when you trade at a particular time.
Mitglied seit Jul 20, 2020
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Sep 09, 2021 at 06:55
Mitglied seit Jul 20, 2020
385 Posts
78678676 posted:
You can trade in different sessions , however it is to be kept in mind that some pairs show more volatility during a particular trading sessions while others don’t. So you need to choose the pairs wisely when you trade at a particular time.
Very true. I mainly trade EUR during London and look out a lot for USD when its NY opening. These have the most volume imo
Sep 09, 2021 at 07:33
Mitglied seit Sep 12, 2019
5 Posts
smith_fx posted:
I believe, the European session is by far the best as most global trade occurs in that time zone. It is also an overlap session with the US East coast. Liquidity is strong and all European indices are usually active.
Agree! that is why most experienced traders they will avoid some timing trading.
Mitglied seit Mar 16, 2021
447 Posts
Sep 09, 2021 at 15:16
Mitglied seit Mar 16, 2021
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smith_fx posted:
I believe, the European session is by far the best as most global trade occurs in that time zone. It is also an overlap session with the US East coast. Liquidity is strong and all European indices are usually active.
Time session maintenance is very important. Volatility is much better when trading in new work sessions. And markets are created in London and Sydney sessions.
Mitglied seit Aug 17, 2021
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Sep 25, 2021 at 17:30
Mitglied seit Aug 17, 2021
87 Posts
Currency trading is unique because of its hours of operation. The best time to trade is when the market is most active. When more than one of the four markets are open simultaneously, there will be a heightened trading atmosphere, which means there will be more significant fluctuation in currency pairs.
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