When is the Best Time to Trade Forex Worldwide
You can trade forex 24 hours a day, five days a week.
The foreign exchange markets are worldwide.
And therefore follow a 24-hour global timetable.
The trading week for forex begins on Monday morning in Sydney, Australia and follows the sun westward.
As the world’s major capital markets open and close from Tokyo to London and finally closing on Friday evening in New York.
The Best Forex Times.
Trading Opportunities in bull and bear markets
The forex market offers traders the unique advantage of trading opportunities.
In both rising and falling markets.
And unlike other markets, there are no restrictions or additional costs for short selling.
Trade more with less
Forex is traded with a degree of leverage, allowing you to take a position in the market with a fraction of the capital you would usually need. As much as leverage may increase your gains, it can also increase your losses so it’s important that you understand the risks of trading on margin.
With daily turnover reaching $5.3 trillion*, forex is the most liquid market in the world.
This liquidity often results in more actionable prices.
And unlike other financial markets, traders can respond almost immediately to currency fluctuations,
Whenever they occur – 24 hours a day, 5 days a week.
Wide range of markets
Forex trading allows you to easily gain exposure to markets around the world. While most trading is done in the world’s major currencies, you also have access to emerging markets such as Mexican Peso (MXN) and Polish Zloty (PLN).
“To be a good trader, you need to trade with your eyes open, recognize real trends and turns, and not waste time or energy on regrets and wishful thinking.” Alexander Elder.