If you have attempted trading events like economic news releases, election’s results, etc. You know how dangerous it can be. Yes, volatility can make us money, but attempting to trade an event that has a random outcome and market response isn’t the way to go about it. It also goes against what we do as price action traders. Our trading edge comes from signals the market generates on the higher time frames, namely the daily charts. There’s no edge in trading the news. That goes for entering a position immediately before or after an event.

One of the greatest features of the foreign exchange market is that it is open 24 hours a day. This allows investors from around the world to trade during normal business hours, after work or even in the middle of the night. However, not all times are created equal. Although there is always a market for this most liquid of asset classes, there are times when price action is consistently volatile and periods when it is muted.

Hours during which forex market participants are able to buy, sell, exchange and speculate on currencies are called forex market trading hours.The forex market is open 24 hours a day, five days a week. Because this market operates in multiple time zones it can be accessed at almost any time.

One of the many advantages of the forex market is that it is open for trading 24 hours a day. Unlike the stock market, the currency market works according to the normal business hours of the three business centers spread across different time zones. Many first-time forex traders hit the market running.

One of the many advantages of the forex market is that it is open for trading 24 hours a day. Unlike the stock market, the currency market works according to the normal business hours of the three business centers spread across different time zones. Traders have the freedom to trade as and when they choose, depending on their particular interests.

The foreign exchange market is a global decentralized market for currencies trading. In terms of volume of trading, it is by far the largest market in the world. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends.