Wed. Nov 30th, 2022

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Best Times of Day to Trade Forex

1 min read

One of the various advantages of the Forex market is that it’s open for trading 24 hours each day. Unlike the stock exchange, the currency market operates consistent with the traditional business hours of three business centers spread across different time zones. Traders have the freedom to trade as and when they choose, depending on their particular interests.

Liquidity, being able to find a counter party for every transaction, can be a problem in some financial markets, but not in Forex. Whilst liquidity isn’t relevant when choosing the simplest time of day to trade Forex, it is worth mentioning for background .

Volatility looks at how strong price moves are often at a specific time of the day, and it varies greatly within the currency market per pair, and at whenever of the day.

It is vital for traders to be able to understand volatility, because the vast majority of trading strategies are incompatible with periods of high volatility.

The trading day officially starts in Australia, when the Sydney and New Zealand institutions open at around 9 am (GMT+10) marking the beginning of the Asian-Pacific trading session. In the two following hours they’re joined by Tokyo, where the most important a part of Asian currency trading takes place, closely followed by Hong Kong and Singapore.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.