Time for Trade

Time for Trade

Trading in OTC foreign exchange market does not allow you to go on pension, making a good investment, as it happens in the securities market. You should always keep abreast of developments of the world economy, since online Forex trading currency involves much more than simply monitor the relationship between the dollar and other currencies. The most important thing - to guess the time and the time to close the position, without hitting a sharp turn to trends in the market with leverage 1:100.

Do you really win if you set a specific time to trade and take into account your time 3 regional markets: Asia, Europe and the USA.

So, the Forex can be divided into 3 segment times, which attract the most attention and therefore can predict when will be a sharp price movement. These include 2 am (Eastern Standard Time) when embarking entrance German stock index Dax; 6-7 am (Eastern Time), when published by the London Interbank Offered Rate LIBOR; 11 am (Eastern Time), when European markets closed.

At the end of the session the U.S. markets in Asia will move in the opposite direction, although the lack of the required amount will lead to purchases. European markets tend to follow the trends of Asian, and then Chicago market will try to return prices to all initial positions from where it all began in the United States.