The forex market is open 24 hours a day, but that doesn’t mean it’s always active the whole day. Markets are most volatile during the day when the sessions are open. Here is are the time frames for the different sessions in the world.
To decide the time to trade for binary options and scalpers in forex, you take the time when the session is open especially the London and New York which carry the dominant currency in the forex market. This ensures that there is much movement in the market as compared to other times and thus, there are more decisions to make. A non-volatile market is a danger to the trader for it does not make much movements and trades in a non-directional movement.
Trading at the right time will not only enhance your decision making but will also save time waiting for the market to move. This allows more experience in a shorter time than it would have been for a non-volatile market. Below is a chart of different sessions in the market for EURUSD
When the box is purple, the market is always trending you can tell. Nevertheless, there are some links that you always need to be used to know when the market is moving. On this video, you can watch a trade that was made due to Fundamental analysis that involves news and was in the money so fast.
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useful links:
news: investing.com/economic-calendar/
tips: https://www.youtube.com/channel/UCWNMh-N7O_urbH9h_zcTdqA
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