Forex Trading Hours

Since the introduction of automated currency trading, trading at Forex markets has become much lucrative than ever. Unlike stock markets, Forex markets are open 24 hours a day, 5 days a week. To maximize your profits by trading at Forex markets, it is crucial to know the very best and peak Forex trading hours. It is important to plan your Forex trading strategies taking into account peak Forex trading hours. Automated currency trading can make things easier for Forex traders, especially beginners.

To be a successful trader at Forex markets, it is important to have the comprehensive understanding of the market and of the times when market can be most profitable. Though market is open all day long, the trading volumes and the level of trading, activity is not same all the times. There are times when trading is at its peak and at most promising levels. These peak hours at the Forex markets are known to be the Forex power hours. If you can use these peak hours, you can maximize your profits by taking most efficient trading decision. The automated Forex trading systems perform with precision in terms of time, since timing is critical for Forex trading. Professional traders well know this secret and so does the automated Forex trading systems.

Since markets are open 24 hours a day, it is impossible for a trader to concentrate on markets every moment. You can set your automated currency trading system to focus of the currencies you want to trade in. With an automated Forex trading system working for you, you will never miss a market opening in any part of the world. Like professional traders, you can maximize your profits by trading at power hours.

The peak hours refer to the times when market volumes are largest in the day and volatility is at its peak. When several lots of a particular currency pairs are being sold and bought, trading volumes are high. Maximum volatility means when the prices of currency pairs are moving quickly. During peak hours, you can see this trend of high volume and high volatility in every major currency.

Actually, these peak hours are very few, only four hours each day! It is between 8AM to 12PM EST that you get peak hours to trade in Forex markets. This is the time when two most active trading zones in the world overlap- since US session is opening, and the European session is closing. Most professional traders call this the hot zone. You can observe large pip movements in major currency pairs including EUR/USD, USD/CHF, USD/CAD, GBP/JPY and GBP/CHF.

At the same time, you should avoid trading at the least active time; the cold zone-it is the Asian-European overlap session. Volumes are the thinnest and volatility is unpredictable-stay out of it and be prepared for coming European session that offers good volumes.
A well-established company in the world of automated trading, Auto Currency Trading (ACT) provides robust automated currency trading platforms to help traders reap maximum profits during peak hours at Forex market.

WHY TRADE FOREX CURRENCY?

WHY TRADE FOREX CURRENCY?

The Foreign Exchange Market never ever oversleeps the actual feeling. It runs virtually 24-HOUR a day. There is no genuine physical body that regulate or control Foreign exchange investing. Foreign exchange is being traded across the world. Considering that the world is rounded currency investing are being carried out throughout the globe constantly. The only time Forex market is shut is from Friday evening until Sunday evening North America time. You could find an investing period that fits your routine. Almost all Forex brokers offer Trial account. Majority of the broker are supplying trial account that make use of actual market information. This is an excellent training ground. We could test our trading knowledge as if it is real. The demonstration account additionally is the very best location to examine a brand-new market approach. Startup resources for Forex investing is quite little. If you want to begin a physical company you will certainly need a minimum of few hundreds thousand. However in Forex you will just should have a quite tiny startup funding. Most of the time $200-$500 is good enough to begin investing.

Updated: June 18, 2017 — 1:53 am
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