Trade Around the Clock

Jan 31, 2020 at 19:43
1,709 Zobrazení
26 Replies
Členom od Jan 31, 2020   1 príspevkov
Jan 31, 2020 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.

Členom od Feb 08, 2019   213 príspevkov
Jan 31, 2020 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....
Členom od Dec 09, 2019   60 príspevkov
Feb 04, 2020 at 05:41
^ I don't think that user was talking about crypto markets?
Členom od Jul 09, 2019   26 príspevkov
Feb 18, 2020 at 06:43
feelsofine posted:
^ I don't think that user was talking about crypto markets?
Yeah. They are not talking about crypto markets.
Členom od Feb 22, 2011   4862 príspevkov
Feb 18, 2020 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.

That is not true for common forex trader who can trade just 24/5.
During weekends only big parties are meddling with rates.
Členom od Nov 06, 2018   83 príspevkov
Mar 12, 2020 at 23:10
I trade Crypto on a weekend without any problems.
Členom od Nov 03, 2020   6 príspevkov
Apr 08, 2021 at 19:47
PeteLanceley posted:
I trade Crypto on a weekend without any problems.
I try to do that too.
Členom od Aug 07, 2020   75 príspevkov
Apr 26, 2021 at 10:30
I believe that trading around the clock does not bring results, because you still need to give yourself some rest.
Členom od Oct 17, 2018   103 príspevkov
Apr 26, 2021 at 11:00
Malajind posted:
I believe that trading around the clock does not bring results, because you still need to give yourself some rest.
i have now found its better to look at the markets at key times open and close switch overs and such so i am not looking at the charts all the time
Členom od Mar 16, 2021   477 príspevkov
Apr 28, 2021 at 01:13
The Forex market is usually open 24/5. However, in the case of cryptocurrency, it is more.
Členom od Aug 05, 2020   5 príspevkov
May 17, 2021 at 07:31
Yes, forex is a completely different world on its own and the market is open 24 hours a day and night which is great for traders around the globe. No matter what one’s work schedule is, one can always find one forex exchange open to trade.
Členom od Apr 25, 2020   119 príspevkov
May 17, 2021 at 09:10
It is really easy to trade at any time these account is that the forex market is constantly running.
Členom od Dec 31, 2020   16 príspevkov
May 17, 2021 at 11:24
Thats the best thing about forex, i can manage my work with forex, thanks to its 24 hr market.
Členom od May 13, 2020   128 príspevkov
May 18, 2021 at 12:21
Many people like trading in this market, because you can park at a convenient time for you.
Členom od Feb 16, 2021   29 príspevkov
Jun 16, 2021 at 08:40
Of course, due to the fact that Forex works around the clock, you can trade at a convenient time for yourself.
Členom od Oct 16, 2020   137 príspevkov
Jun 17, 2021 at 07:00
This is the best thing about the forex market, that it is open for almost 24 hours except the 5 minutes roll over time. It’s great that anyone with whatever schedule can hop into the market at any time and they will still be having many currency options to trade on.
Členom od Jun 17, 2021   9 príspevkov
Jun 17, 2021 at 10:19
It is open 24 hours but best trading is in European and US sessions so Asian traders still have a rough time
Členom od Mar 16, 2021   477 príspevkov
Jun 17, 2021 at 23:25
The Forex market is open 24/5. And the most perfect time to enter trading is the New York session.
Členom od Dec 28, 2020   187 príspevkov
Jun 22, 2021 at 07:53
Exactly, forex is open 24/5, that is why many people are interested in trading. Even the people who have 9-5 jobs are also trading and making profit and talking about crypto, it is a very volatile market. I am not sure whether to start trading or not here.
Členom od Jul 19, 2020   788 príspevkov
Jun 23, 2021 at 17:35
Forex Market is a world-famous site. Where many traders trade 24 hours a day. There are sessions here that help a lot in trading analysis and entry.
You must be connected to Myfxbook in order to leave a comment
*Komerčné použitie a spam nebudú tolerované a môžu viesť k zrušeniu účtu.
Tip: Uverejnením adresy URL obrázku /služby YouTube sa automaticky vloží do vášho príspevku!
Tip: Zadajte znak @, aby ste automaticky vyplnili meno používateľa, ktorý sa zúčastňuje tejto diskusie.