Important tips that can help you in trading rooms



Of global foreign exchange market traders can theoretically traded 24 hours a day. Forex traders have a unique selection from a sitting position to say I want to trade the Asian market, I targovam the European, British or American market. So we really read the second major financial areas on which we focus.

Many times the look in the economic calendar in the morning can be really useful habit, because the relevant news can determine the mood of the day.

One of the main trading ranges between 8 am and noon (EST), when trading overlapping markets of Paris, Frankfurt, London and New York.

And if you look at pips movement in this range, it is the movement of aktivnoto pips for anyone who trades against the dollar.

If we look at the report by the Bank for International Settlements, the United Kingdom and Europe are still far from the highest speed, but the range of movement of the pips there usually is widest between 8 am and noon.

So looking at turnover, then movements in pips, it can give you a good idea when you want to take advantage of volatility.

Newer traders you can perform better in the Asian market, as it is more relaxed, so it really depends on your temperament.

Now, when you are at home and watch CNN or news, maybe it's 10 o'clock in the morning and hear that something is happening in Egypt and know that it will affect the currency movements, you immediately jump on the computer to see if you can place an order?

Not necessarily the question is what are the possibilities, and sometimes - what is the risk of being involved in the trade now?

 Varchev Traders
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