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Trade Around the Clock
Jan 31, 2020 at 19:43
Tham gia từ Jan 31, 2020
1bài viết
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.
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.
Tham gia từ Feb 08, 2019
213bài viết
Jan 31, 2020 at 20:33
Tham gia từ Feb 08, 2019
213bài viết
You can trade 24/7 on the crypto markets, no busy periods or trading sessions. It's just there all the time....
Tham gia từ Dec 09, 2019
60bài viết
Feb 04, 2020 at 05:41
Tham gia từ Dec 09, 2019
60bài viết
^ I don't think that user was talking about crypto markets?
Tham gia từ Jul 09, 2019
26bài viết
Feb 18, 2020 at 06:43
Tham gia từ Jul 09, 2019
26bài viết
feelsofine posted:Yeah. They are not talking about crypto markets.
^ I don't think that user was talking about crypto markets?
Tham gia từ Feb 22, 2011
4862bài viết
Feb 18, 2020 at 14:51
Tham gia từ Feb 22, 2011
4862bài viết
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.
Tham gia từ Nov 06, 2018
83bài viết
Mar 12, 2020 at 23:10
Tham gia từ Nov 06, 2018
83bài viết
I trade Crypto on a weekend without any problems.
Tham gia từ Aug 07, 2020
75bài viết
Apr 26, 2021 at 10:30
Tham gia từ Aug 07, 2020
75bài viết
I believe that trading around the clock does not bring results, because you still need to give yourself some rest.
Tham gia từ Oct 17, 2018
103bài viết
Apr 26, 2021 at 11:00
Tham gia từ Oct 17, 2018
103bài viết
Malajind posted: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
I believe that trading around the clock does not bring results, because you still need to give yourself some rest.
Tham gia từ Mar 16, 2021
477bài viết
Apr 28, 2021 at 01:13
Tham gia từ Mar 16, 2021
477bài viết
The Forex market is usually open 24/5. However, in the case of cryptocurrency, it is more.
Tham gia từ Aug 05, 2020
5bài viết
May 17, 2021 at 07:31
Tham gia từ Aug 05, 2020
5bài viết
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.
Tham gia từ Apr 25, 2020
119bài viết
May 17, 2021 at 09:10
Tham gia từ Apr 25, 2020
119bài viết
It is really easy to trade at any time these account is that the forex market is constantly running.
Tham gia từ Dec 31, 2020
16bài viết
May 17, 2021 at 11:24
Tham gia từ Dec 31, 2020
16bài viết
Thats the best thing about forex, i can manage my work with forex, thanks to its 24 hr market.
Tham gia từ May 13, 2020
128bài viết
May 18, 2021 at 12:21
Tham gia từ May 13, 2020
128bài viết
Many people like trading in this market, because you can park at a convenient time for you.
Tham gia từ Feb 16, 2021
29bài viết
Jun 16, 2021 at 08:40
Tham gia từ Feb 16, 2021
29bài viết
Of course, due to the fact that Forex works around the clock, you can trade at a convenient time for yourself.
Tham gia từ Oct 16, 2020
137bài viết
Jun 17, 2021 at 07:00
Tham gia từ Oct 16, 2020
137bài viết
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.
Tham gia từ Jun 17, 2021
9bài viết
Tham gia từ Mar 16, 2021
477bài viết
Jun 17, 2021 at 23:25
Tham gia từ Mar 16, 2021
477bài viết
The Forex market is open 24/5. And the most perfect time to enter trading is the New York session.
Tham gia từ Dec 28, 2020
187bài viết
Jun 22, 2021 at 07:53
Tham gia từ Dec 28, 2020
187bài viết
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.
Tham gia từ Jul 19, 2020
788bài viết
Jun 23, 2021 at 17:35
Tham gia từ Jul 19, 2020
788bài viết
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.
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