the forex market is open 24 hours per day there are certain
times which are better to trade than others.
time to trade forex is when the markets for the main currency
pairs are open. Find a time when both markets on a certain
currency pair is open at the same time (overlapping times).
The market will have much more volatility in these times.
EUR/USD when the American market is open but European market
close will lead to a very slow move and not much excitement.
Look for times when the trading times overlap. Those will
be your best times to trade Forex.
From above table you will note that between 8h00 and 12h00
EST is the best time to trade EUR/USD.
From 16h00 till 20h00 is the best time to trade USD/JPY
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exchange on margin carries a high level of risk, and may not be suitable for
all investors. The high degree of leverage can work against you as well as for
you. Before deciding to invest in foreign exchange you should carefully consider
your investment objectives, level of experience, and risk appetite. The possibility
exists that you could sustain a loss of some or all of your initial investment
and therefore you should not invest money that you cannot afford to lose. You
should be aware of all the risks associated with foreign exchange trading, and
seek advice from an independent financial advisor if you have any doubts