Eryk Martin
Recruit
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Avoid trading during the market opening and closing hours, also a newbie may avoid trading on Fridays. Also trade in between the session, not immediately when a session is opening or closing.
Why should a newbie avoid trading on friday? May I know the exact reason?Avoid trading during the market opening and closing hours, also a newbie may avoid trading on Fridays. Also trade in between the session, not immediately when a session is opening or closing.
enter the market when the market starts to openThis is another newbie question and the answer is that there is no right time to trade. The right time to trade is whenever you decide to trade and execute your strategy. While there are time periods with higher liquidity and most of the pros trade the European session it does not mean it is the best time to trade.
It all comes down to the individual, location, preference etc and there is no right or wrong time to trade. Focus on what works for you and stop modeling your trading after the preference of others.
Right things. But if you want to see unbelievable spreads you can try to trade during the marker closing minutes. You will be surprised how wide it can beAvoid trading during the market opening and closing hours, also a newbie may avoid trading on Fridays. Also trade in between the session, not immediately when a session is opening or closing.
DO you mean that on closing minutes the spreads are the highest?Right things. But if you want to see unbelievable spreads you can try to trade during the marker closing minutes. You will be surprised how wide it can be
Yes, you can try it. I can say even more - some brokers offer fixed spread acc but even there spreads are more then 100 points at this time on major currenciesDO you mean that on closing minutes the spreads are the highest?
Will surely check it out and get back to you!Yes, you can try it. I can say even more - some brokers offer fixed spread acc but even there spreads are more then 100 points at this time on major currencies