What is the forex?
The foreign exchange market is the largest market and the the biggest and most liquid in the world. To put forex trading in plain English, it is when you buy one currency while selling another.
The market runs 24 hours a day. For example the Australian market starts at 04:00 early in the morning, then the Japanese market at 14:30. Next is the
European market at 20:30 and the last one to open is the American market which will close at 04:30 the next morning.
When is the best time to trade the forex?
The best time to trade the forex is between 3 AM TO 11 AM EST. The trading volume is much greater at these times because the New York and London sessions overlap.
What Currencies are traded?
EUR/USD Daily range average : 110-120 View the rest of this article
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