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Time factor and its effects to forex traders
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[QUOTE="Phabbyfundz, post: 159986, member: 49202"] Forex trading is open 24 hours a day and 5 days a week, but that doesn't mean it is always active all the time. In forex reading profits are been made when the market is active and traders are bidding on the price. Therefore it is crucial to know the most productive hours of the day and of the week for forex trading. There are three major sessions of the forex market ; london , US and Tokyo sessions, the busiest times are when the sessions overlap as traders can purchase currencies from different continents The forex market of London is usually the most active as it involves many countries of the European union. US market comes next so the time when London sessions intersects with US sessions usually provides the biggest returns. [/QUOTE]
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Time factor and its effects to forex traders
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