One of the most important lessons you have to learn is the best time for trading. In order to achieve your profit you have to choose the best time to trade and then the best plan which will enable you to avoid loss and achevie profit .Day trading has a very short-term focus. Analysis may be broken down to days, hours and even minutes. Because day trading focuses on such short time frames, the time of day in which a trade is made can be an important factor to consider.
The Forex market opens 24 hours, it opens on Sunday night (5 PM EST) and closes on Friday afternoon (4PM EST).When the Asian market closes its doors, the European market starts followed by the US market then the Asian market opens it doors again and so on.that’s why the forex market opens 24 hours.During this period you have the freedom to trade in the Forex market anytime and whenever you want. This Time-Freedom-Trade is one of the characteristic that makes the popularity of trading Forex.
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