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11 Oct

Which time to you trade Online Forex?

admin Learn Forex Trading 0 Comments

Trading sessions:Here you can know about “when you can trade Forex?" Before you start to trade you will know about Forex trading sessions, you know fx market is open 24 hours a day. You can make money in Forex trading when the market moves up, and also you can make money in Forex trading when the market moves down

The fx market can be split into four major trading sessions, they are the Sydney session, the Tokyo session, the London session and the new York session. 
 
Sydney session    : 03.30 AM to 11.30 AM
Tokyo session       : 04.30 AM to 12.30 PM
London session    : 11.30 AM to 07.30 PM
New York session: 05.30 PM to 01.30 AM
 
Best days of the week to trade Forex: 
Best times to trade: 
Tuesday, Wednesday, Thursday is the best day of the week to trade Forex
 
Worst times to trade:
 Monday – everyone is sleeping or enjoying their weekend
Friday – liquidity dies down during the latter part of the U.S session
Holidays everybody is taking a break
Major news events – you don’t want to get cheated
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Risk warning: Trading foreign exchange (Forex Trading) and contracts for differences (CFDs) on margin carries a high level of risk, and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Please ensure you fully understand the risk involved before trading, and if necessary seek independent advice.

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