2013/03/16

Forex Trading - 24 hours a day, 5 days per week

Forex Trading - 24 hours a day, 5 days per week

The reason many people are eager to start learning forex trading is that it has many advantages over the "normal" type of trade (stocks). One of these advantages is that the Forex market is open 24 hours a day.

The market is indeed open 24 hours a day, 5 days a week. 2200 GMT on Sunday until 22:00 GMT Friday, you can get close and manage transactions at any time you wish. You can exchange for 10 minutes at 2:00 am on Wednesday, or for one hour at 10 pm on Thursday, it does not matter.


As the market is open for so long without interruption, you can literally connect to the Internet and start forex trading anytime you want, when you want. This is ideal because many people do not have the time to sit down and negotiate all day, but now with forex trading they are able to negotiate a time that best suits their circumstances.


The foreign exchange market is also a very open market where all press releases are known worldwide, most private traders with the proper subscription can not be aware of new listings at exactly the same time as the first traders place in financial institutions. It is also a great advantage for the operator part time, because there are no secrets or insider information circulating. At most, some people may have new a few seconds faster than others through a paid service.


Remember, even if the forex market is open 24 hours a day for 5 days a week, this does not mean that trade forex at any time during business hours is recommended. There are moments in the day when two commercial areas overlap and there is more volume on the market. It is preferable to operate during these hours because the volume will move the market and give you the opportunity to capitalize. More volume, more interested, you should be in forex trading during these times.


Here are some good times to trade during the day:


Of IS 0800-1200 (London and New York sessions overlap)Of IS 0300-1400 (Meetings in London and Sydney overlap)Of IS 0300-0400 (London and Tokyo sessions overlap)



The fact is that you can open, manage and close trades and actively participate in forex trading at any time, from Sunday to Friday 2200 GMT 2200 GMT. This increases the potential for private investors and part-time to play a much more active role in their personal financial goals.

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