InstaForex

Friday, July 6, 2012

Venturing on Forex | Trade till you drop: InstaForex Trading Hours




The advent of internet revolutionized the Forex trading hours, the movement of currency becomes non-stop thus allowing a trader to continuously trade to their heart's content.


The first market to open is the Pacific market that consist of Wellington(New Zealand) and Sydney(Australia) then followed up by the Asian market that consist of Tokyo(Japan), Hongkong, Singapore.


When the Asian market opens the American closes for the previous day and by the end of the Pacific and Asian deals the Europeans starts. The European market consist of London (England), Frankfurt (Germany), and Zurich (Switzerland).


In the middle of the European trade, the American opens. The American market consist of New York (USA) followed by other states. By mid American trading hours when Los Angeles wakes up, the European trades stops. The cycle continuous everyday, as one market closes another would open up its doors, like you're local 24-hours convenience store.


Being able to trade anytime and anywhere gives a trader the chance to maximize their strategy and a wider variety of currencies to trade and choose from.

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