To have success in forex currency trading the traders should knows the best times to trade in the Forex market. Therefore times to trade specific Forex currency pairs can boost your odds of executing a winning trade. Trading off hours, even while using the best forex trading software can be a losing strategy. Try to stay out from the forex market during the slow times.
The most active trading times are between the 2:00am and 11:00am EST. At 2:00am EST the European markets start to open and at 3:00am EST the London trading session begins. At 7:00am to 8:00am EST the brand new York session come alive.
There are couple of news releases and mostly those from U.S can cause market big volatility. This is how the forex market industry moves and it may create big moves. Every Forex trader loves a different trading times where they create their cash.
The London trading session closes around at 11:00am EST and the Forex market slows down prior to the Asian market start at 7:00pm EST. And next day everything starts yet again. That is why a the best Forex trading time is very important to each Forex trader.
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