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The Quest for Volatility

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1The Quest for Volatility Empty The Quest for Volatility Tue Nov 10, 2015 7:55 pm



The Forex market is open 24 hours a day, but what are the best times to make a profit?

Even though the Forex market is open 24 hours a day with the exception of weekends, not all hours are as equally good for trading. The reason that the Forex market is open 24 hours a day is that it is made up of different sessions around the globe that between them cover 24 hours.
The more markets are active at the same time, the more trades are being executed, and the more action for you to cash in on.

Trading Sessions (GMT):
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Since the London session is the busiest out of the four, the best times for trading are 8am‐9am (GMT) and 13pm‐17pm (GMT), because that’s when the London session overlaps with other sessions.

Abuse the news.

As for news reports, these are times to be careful. Many profitable trades are made moments prior to or shortly after major economical announcements. You can gain a fortune as well as lose one if you’re not sure of what you’re doing. This is why it’s important to stay on top of what’s happening in the international finance arena.

Market sentiment becomes crucial at these times, since traders basically stampede to the market around the time of the report. eToro makes sure to give you a heads up whenever anything major is going down.

Remember, even though you’re able to trade 24 hours a day, it’s better to plan your trading activity in order to catch the best action for a chance to maximize your profits and minimize your losses

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eToro (Europe) Ltd., a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license # 109/10. eToro (UK) Ltd, a Financial Services Company authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263

risk warning:CFDs are leveraged products. Trading in CFDs related to foreign exchange, commodities,indices and other underlying variables, carries a high level of risk and can result in the loss of all of your investment.

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