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Forex Trading, What Hours Should the best for Forex Trade?

What the Best Time to Trade Forex

What the Best Time to Trade Forex? Forex Trading for Beginners

Forex Trading, What Hours Should the best for Forex Trade? Once you have decided to enter the world of forex trading, you will find that forex trading has many advantages over other capital markets. Very low margins, free trading platforms, high leverage and 24-hour trading.

My main concern in this article is to let you know what times you should be ready and focused to start trading so that you can expect the greatest profits on your trades. And don’t just remember that 24/7 trading means you have to trade randomly throughout the day.

Best time to trade EUR USD, it is important to know what the best trading hours are because if you want to find a significant number of profitable trades, you need to enter the forex market at the best time, that is when the activity is the highest at any given moment. Somewhere in the world someone is buying and selling currency. When one market closes, another market opens. Business hours overlap and the exchange continues as day turns into night and night turns into day. You get 5.5 full potential trading days.

Forex trading starts at 5 p.m. on Sunday in New Zealand. EST, followed by Australia, Asia, the Middle East, Europe, and America in that order and all day and all week through Friday at 4 p.m. EST when the US market closes. Other important facts that every Forex trader should know are: The US and UK markets account for more than 50% of foreign exchange transactions; The main foreign exchange markets are: London, New York and Tokyo.

Almost two-thirds of all activity in New York takes place in the morning hours while the European markets are open. And perhaps one of the most important features; Forex trading activity is most intense when major markets overlap. So the answer to the question; What operating hours should it have? This last trait should be used when the major markets overlap.

When do they overlap? Looking at the different time zones of the world and blinking Timetables for the markets of Australia, New Zealand, Japan, America and Europe. We can conclude that there are two major time gaps when two of the major markets overlap during business hours 2 am and 4 am EST (Asian/ European) and between 8 a.m. and 12 p.m. EST (Europe / North America).

So if you want to take advantage of the best business opportunities of the day and find yourself in the Americas, you need to be prepared to wake up early or go to bed late a few times. Of course, things are changing all over the world. What’s the best region to trade if you can’t get up early? Maybe Ukraine.

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Link: How to Earn Money with Forex Trading

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