I’ve been looking to try forex. I started out trading stocks & after losing 58% I buckled down & spent a lot of time making a trading plan & practicing discipline. Over the next few months I built up over 500% with many small consistent wins. Problem is now I work full time on nights. Thank you!
1.) is trading forex at night viable? 2.) what is the best broker for a small account? 3.) is $100 account to start too small? (I want to practice with real money but not so much that would be discouraging when I take losses.) 4.) what are the best books/resources to start learning? (Willing to spend more than $100 on books cause I like to read and not go into something blind)
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I live in Canada, I’m using MetaTrader connected with a CMC brokerage. I’m a little confused on how the trading hours works as I’ve been able to trade after 4pm some days but today for example (Friday) I am not able to execute a trade as it keeps telling me “Market Is Closed”. I’ve been searching through the internet to find the hours it opens and closes but to no avail. If someone can provide me with an easy understanding for when I’m able to trade for example: XAU/USE (gold) It would be very helpful and appreciated! Thank You!
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I was like many of you. Searching stocks premarket ... Trying to find the one that would explode. Only once have I been lucky in 5 months. I got into forex. Now I'm setting daily targets of 50 on Monday and up by 10 per day every day I can hit target. If I can't hit target i lower it by $10 the next day. In 3 wks I've been able to grow my account by over $200 so far. And that's only on a $1k account. I'm now moving more capital over to forex.com from E-Trade. . Anyone else on similar findings ?
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Most active Forex times. Even though the Forex market is open around the clock, not all trading hours are the same in terms of activity, volatility, and liquidity. Forex traders need to take this into account when placing their trades, as lower liquidity in the market can cause slippage and widen the transaction costs (spreads) of a currency pair. Before we dig deeper into the best time of day ... Forex trading times are usually marked by the opening and closing times of the major financial exchanges around the world. The most relevant countries where Forex trading times are recorded from are Australia, Japan, Germany, UK and the US. When you can actually trade though depends on the Forex broker you are trading with. Forex trading probes Add to myFT. Add ... The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice. Close drawer menu Financial Times ... The forex market is available for trading 24 hours a day, five and one-half days per week. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Most successful day traders understand that ... The optimal time to trade the forex (foreign exchange) market is when it's at its most active levels—that's when trading spreads (the differences between bid prices and the ask prices) tend to narrow. In these situations, less money goes to the market makers facilitating currency trades, leaving more money for the traders to pocket personally. The main Forex markets, in the order of their opening times, are: Sydney, Tokyo, Frankfurt, London and New York. On the chart below, you can see the hourly course of the Forex-trading day. Note: Tokyo's market doesn't start in the proper time zone due to the fact that it opens 1 hour A forex trading platform is an online software which enables investors to access the foreign exchange market. It can be used to open, close and manage trades from the device of their choice and contains a variety of tools, indicators and timeframes designed to allow you to monitor and analyse the markets in real-time. As a leading global broker, FXTM are committed to providing services ... Forex trading hours, Forex trading time: New York opens at 8:00 am to 5:00 pm EST (EDT) Tokyo opens at 7:00 pm to 4:00 am EST (EDT) Sydney opens at 5:00 pm to 2:00 am EST (EDT) London opens at 3:00 am to 12:00 noon EST (EDT) And so, there are hours when two sessions overlap: New York and London: between 8:00 am — 12:00 noon EST (EDT) Sydney and Tokyo: between 7:00 pm — 2:00 am EST (EDT ... Overlaps in Forex Trading Times The best time to trade is during overlaps in trading times between open markets. Overlaps equal higher price ranges, resulting in greater opportunities. The forex trading hours in the UK correspond to the normal business hours in London. Based on the British Standard Time BST the London session starts at 8:00 AM BST and closes at 4:00 PM BST. But, since the forex market opens with the Tokyo opening session at 1:00 AM BST and carries through until the New York session closes at 10:00 PM BST. Please use the exclusive Forex Time Convertor below ...
Forex Trading Times Best Forex Trading Times - YouTube
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