The Quest for Volatility

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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.


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London
New York
Sydney
Tokyo
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