This means that each trading session will be slightly different in terms of the activity of certain currency pairs, the market volume and volatility. Therefore, whichever session is open, the countries that are trading at the time will directly correlate with the currencies being traded. At night, when their businesses are closed, they do not trade with other businesses outside of Europe and the trading activity of the euro is going to be lower. When Europe’s businesses are open, then the euro is likely to be traded in higher volume, due to businesses in Europe trading with companies in other countries. There will be a high volume of yen being exchanged with the domestic currencies of the corporations that Japanese firms do business with. When certain countries are open for business, that country’s currency and the currency of their trading partners are likely to be traded in greater volume.įor example, in the Asian session, the companies in Japan are open and will be buying and selling currencies in order to do business with companies in other countries. There isn't necessarily a "best" time to trade forex. Different trading sessions have unique characteristicsĮach of these trading sessions are driven by the economies that are active and so each session has unique characteristics to them. Simply use the code “ tradimo” during the checkout process to get $30 off. As a Tradimo user, you qualify for the $30 discount on the Edgewonk trading journal.
0 kommentar(er)
