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    Thread: When currencies can be traded? (Part 2)

    1. #41
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      as we know that this forex market remains open 24 hours a day, from monday to friday in a week, so a trader can easily trade in currencies in these market days any time, but the most preferable time is when both american or europeon session markets are open because at that time currencies moves in a good way.


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      To make money in forex trading , market must trend and there is much liquidity in the market during the London and New York market session . I think this is the time most currency pairs especially the major pairs move in the market and it is around these market sessions you can find good opportunities of high probability trades but you will need to be mindful of the way you take and manage risks to survive any hiccups that might want to come


    3. #43
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      Actually, forex trading market is a 24 hour trading business and money can be made anytime any day but it largely depends on your good trading skills and huge discipline to always follow it. Personally, I trades the London session but sometimes I would come back in the Asian session and see some good trading opportunities too!
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    4. #44
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      The forex is a international business and we must have to take it as a business. This is a recognised business and we can do it as a profession or career for our source of income. There are many currency pairs that we can choose the best for us and start trading forex. we can buy or sell and make the profits easily.


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    6. #45
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      all the currency pairs can be traded all 24 hours a day and 5 days a week that is as long as the forex market is open and actually this is the biggest advantage of the forex trading business that we can trade whenever we want and there would be no one from stopping us to do that in real.


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    8. #46
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      currencies can be traded at any time as long as you have the required skills to see where the market will be moving to but if you do not have the power to see where the market will be moving to then trading in the Forex market will more difficult than expected then.so the skills are very important for your survival.


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    10. #47
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      Yes, we need to understand the interbank market system and character of Reuters and Electronic Brokering Services to understand that how the currency pairs float in the chart window, banks when used the big capital/volume to deal with one country and that country hold that for example 1 billion currency notes of $1000, $100, $50, $20, $10 and $1 and 100 million currency notes have been hold by one country as its Foreign currency reserves to deal with that country in the future so first country can't issue the new notes on the second country's demand/supply or trade internationally however its interest rate and importance will be higher for another country so just these demand and way of using the currency will make the currency pair price higher and lower.


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    12. #48
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      Default Re: When currencies can be traded? (Part 2)

      Yes exactly i my self think that new traders should have to trade in currency pairs because there is highly volitile in currency pairs and very easy to trade in currency pairs and in the start currency pairs trading is best and we can trade day& night freely not with any time restrictions


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      Default Re: When currencies can be traded? (Part 2)

      We can any time trade with currency pair but necessary to analysis thearket to determine the trend of the market. All the time is best for trade but better to use the waiting strategy in the real trading business . Wait the news release and find the true trend and then open the trade position. Use the take profit and stop loss tools in your trading which is helpful to make you relax. Find the support and resistance level and pivoting point of any currency which you like and apply take profit and stop loss tools for better moneyanagement.


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      Post When currencies can be traded? (Part 2)

      Trader can find the actual time of currency trading from market analysis . Analysis are two types of an they are fundamental and technical . Fundamental analysis are more effective than technical analysis . So favor for fundamental analysis when trader opens trading order . But here we see that traders are doing blind trade that without market analysis . So maximum traders are having negative thought about Forex trade .


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