How Flexible Is Forex Trading ?
In today’s world of Smartphones and Tablets, it’s helpful to have a market that is as flexible as you needs determine. The Forex market opens Monday morning in Wellington, New Zealand (equivalent of 5pm ET) and closes in New York, United States on Friday at 4pm ET. In other words, the Foreign Exchange market is open 5 full days a week and 24-hours a day.
Trade When You Want
The Foreign Exchange gives you the opportunity to access market opportunities when you’re available, not only when the New York Stock Exchange is ope
This means that if you work a 9-5 job but you’d like to trade the market when you get home, Sydney & Tokyo are trading and there are likely great opportunities from news events awaiting you. During the US evening or Asian morning, the most active pairs are the Australian Dollar, New Zealand Dollar, & Japanese Yen.
If you’d rather spend time with your family and not worry about trading when you get home, then you have access to the London Market which is open from 3:00 am to 12:00 noon EST and is often home to some of the biggest moves. However, it’s best to be careful when the market is too violent as a news shock can have a trade move quickly against you.
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