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Best time to trade markets

Discussion in 'Hello and Welcome' started by fazm, Jan 8, 2009.

  1. fazm

    fazm Recruit

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    It appears to me that everyday the market moves a "certain" number of pips, after which it becomes dormant. I would assume that the major players who cause these movements pause to reassess their positions before embarking on their next move, which in most cases come the next day. I also assume that these are "big" institutional players who operate during the normal trading day of their respective geographical markets. Therefore because most of these can be found in Europe or North America, the best trading opportunities vis pip movements, are found during the London/New York trading hours. And furthermore most of the days' trends start in London and slow down and peter out during the New York session, eventually becoming dormant during the Australian/Asian session.

    Can someone comment on this as I do not have all day to trade and am trying to maximize the time I spend in front of my computer.

    Thanks
     

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