Now you are a bit closer to forex: Do you remember what you previously learned about the advantages of forex , telling you that the market is open nonstop? Yes, the forex market is open 24 hours a day — allowing you to trade at any time of the day or night. For this reason, in the hour forex market, timing is critical.
Good timing produces good profits. The hot zone is between This is the time when the London and New York sessions overlap. What makes these hours powerful? Volume and volatility , because they reach their peak during these hours!
During this time, the market is busy with active participants, currencies move very quickly, and the most important economic news is also published in this time period.
Volume and volatility during power hours work like gasoline and a spark of fire. In a good way, though! The currencies that you can trade because of their high activity and large movements are as follows:. The Asian session begins with the Sydney open Hong Kong, Singapore and Sydney are active players here, too.
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