Placing a trade few minutes before the release of an important economic data is actually a very wrong way and very wrong time to place a trade because you will never know where the market will be heading once the economic data comes out to the market.
Analysis also have its own skill to do, in this point we need to know a good time for trade and the idle time of market. It is easy to analyze that, just open the chart and used TF as you want, for example H1 or M30, and analyze the time trading there, when the idle condition appear and when the busy trade appear. Check all the pairs that we usually trade, and give note of that condition, and the next trading should trade following that analysis.
The worst time to trade forex is when a trader is in fear and not so confident on what he will do since it could lead a trader to execute trade with unlogical analysis. Not in the mood, emotional, sleepy and unfit of healthy also bad time to trade because those conditions will make a trader not focus on his trading.
any time that the market didn't present an opportunity of opening a trade is a worst time to trade. whether you say Friday or Sunday night, the truth is if the market present a clear opportunity and you identify it through your system good for you. but even if it is Wednesday and you can't identify any clear opportunity then dont trade.
i think there are no worse time , there are only good time , traders are only advised not to place any trade when market is quiet, ranging, flat, news release and extremely trending. bu experience d trader scan do and make money regardless of the market situation. trade only when you have all your trading conditions met and set up is clerarer
I donít think there is any worst time, but itís important not to trade when we are uncertain since thatís something which will obviously create issues and is something which will make us not work correctly, so thatís why we got to be very careful with how we go into trade.
The worst time for trading is when you are emotionally imbalance, we must never engage in trading when we have some issues we are contending with, we need to also develop patience and never have a revenge mentality die to a loss that we made. Revenge is a wrong trade approach towards this business.
The worst Time to trade is ranging market you don't see any clear direction so is difficult to tell where the market is going though, waiting for the right opportunity is better than just trading for trading sake I also hate trading at night is even worst.
The worst time for trading forex is when there is nothing to trade but a trader just forces a trade perhaps , he has a lot of financial demands on him which now puts pressures on him to trade by all means.A forex trader must know when to fire and when to retreat, when the market is moving sideways for long period of time without taking any clear direction , that is when I stay off the market
I think we can select the time frame when we intend to trade forex. The best time to start trading is when the market opens and wen it closes. The news can affect the market very strongly and that is also the best time to trade. But for some trader, who have not good knowledge about the market, that can be the worst time for them to place order as they can lose more money in that short period of time.
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