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Topic - Best times to trade the forex market
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The Forex market is the largest financial market in the world, trading around $1.9 trillion each day. The market is open 24 hours a day, which makes it unique to any other market in the world.
But this 24 hour market does not necessarily mean continuous volatility in the currencies. Most new traders often misinterpret the fact, that this market can be traded anytime during the working hours of the week.
While there is always a definite movement, traders ideally need an environment of volatility, which may not be present at all the given times.
If you want to find an appreciable number of profitable trades you need to enter the Forex market at the best period of time.
The Forex market is the largest financial market in the world, trading around $1.9 trillion each day. The market is open 24 hours a day, which makes it unique to any other market in the world.
But this 24 hour market does not necessarily mean continuous volatility in the currencies. Most new traders often misinterpret the fact, that this market can be traded anytime during the working hours of the week.
While there is always a definite movement, traders ideally need an environment of volatility, which may not be present at all the given times.
If you want to find an appreciable number of profitable trades you need to enter the Forex market at the best period of time.