Forex Basics - What is Forex?

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Forex Trading Sessions!

Although there is always a market for this most liquid forex, there are times when price action is consistently volatile and periods when it is muted.

 

robot hoovering icon The Forex market is open 24 hours a day. It provides a great opportunity for traders to trade at any time of the day or night. However, when it seems to be not so important at the beginning, the right time to trade is one of the most crucial points in becoming a successful Forex trader.

 

 

When to trade and when not:

The best time to trade is when the market is the most active and therefore has the biggest volume of trades. The timing of these is important because the best times to trade are when two of the sessions overlap. Actively traded markets will create a good chance to catch a good trading opportunity and make profits. While calm slow markets would literally waste your time & efforts.

 

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