🔍 Identifying Potential Buy or Sell Zones: In this step, you need to identify the zones that are likely to react and wait for the price to potentially reach them. ⏳📊 🌟 With the reaction to the first area, a buy trade is activated. 🌟 📝 Confirmations: 📉 Reaction to the expected area – Watch for a price movement hitting our anticipated zone! 🛠️ Formation...
The forex market, renowned as the world's largest and most liquid financial market, facilitates the daily trading of trillions of dollars. With its round-the-clock operation, forex traders enjoy the flexibility of trading at any hour. However, determining the optimal time to trade forex is a common query, particularly among novice traders. The answer hinges on...
🕔 What are the Operating Hours of the Forex Market? The forex market is operational 24 hours a day, five days a week, excluding weekends. It commences trading at 5:00 PM EST on Sunday and concludes at 5:00 PM EST on Friday, resulting in a total of 120 trading hours, with a 48-hour break from Friday to Sunday (EST). The forex market caters to global traders,...
Good evening gold gang, I hope you’re having a good weekend. I thought I’d hop on to share with you the times of day i like to be at the charts. I like to make sure I’m sat down around the most volume, which is normally an hour before opens and the actual opens. I use the sessions indicator to help identify the sessions for backtesting .. just search its name....
The American trading session is considered the largest in terms of volume and strength of market movements. All this is connected with the American economy, which is larger and stronger than the economies of other countries. The ability to correctly identify and use market fluctuations in the American session will help everyone earn a lot and quickly. The opening...
Hello everyone! Today we continue the review of trading sessions on the forex market. The European Trading session is next in line. Let's get started! The European trading session is considered the most volatile of all. The main reasons for high volatility are the coincidences of the opening of the session with the work of the Asian session, in addition, the...
Good afternoon all, This video is a trailer to a script that I will soon be publishing. The script allows you to display: 1. Future days of the week vertical lines. 2. Future session opening vertical lines (plus additional future lines, for if you notice a trend at a certain time). 3. Session boxes, boxes are built using the high and low of a user...
I am sure you already know that the Forex market works around the clock. However, when a trading day ends in one part of the world, it begins in another. Therefore, it is customary to talk not about a trading day, but about a trading week. Well, within one day the market is "divided" by investment sessions. Investment sessions are the working hours of banks...