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Forex trading

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http://www.henryliuforex.com
If you are looking for information on economic news and currency market forex, look no further, because you’ve found it! You’ll not only find money making trade plans and analysis on upcoming economic news, but also videos from actual trades taken live during these news releases based on the same trade plans, all for free!

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Forex trading

  1. 1. When You Should Trade To Make the Most Profit in Forex Trading Most of us have learned that Forex is known as a 24 hour market, and its possible to trade all hours through the day and night. What you havent been told will eliminate your profitability. Forget any notion of trading whenever you want. To become a successful Forex trader you have to know when and why to trade during certain Forex trading hours. The following paragraphs will educate you on how to pick the right time to trade Forex. Forex Trading is a Foreign Exchange spot market in which traders meet to trade currencies. Forex Trading is definitely the largest, most volatile market, and it has the most liquidity out of any market. Everyday 1.8 trillion dollars are traded in the Forex market. This is not a game for little boys! The biggest players in Forex are large major banks. Its the banks that you are competing with, and it is the banks that move the market. Real-time Forex trading is really a skill that takes time to learn. When You Should Trade To Make the Most Profit in Forex Trading ( Courtesy of HenryLiuForex.com )
  2. 2. When You Should Trade To Make the Most Profit in Forex Trading Youre competing against Ivy League whiz kids and automated trading expert advisors. If this frightens you, take up a game of bridge at the senior citizen center, and try your shot at something safe like government bonds --- Forex is for individuals that are not afraid to take risks. No risk, no reward! Live Forex trading is really a virtual game of hide and seek: The big banks and your fellow Forex traders are out to get you. Forget about the success youve had in demo accounts, real time Forex trading is really an entirely different ball game. Take your time reading this When is a good time for you to trade Forex? The biggest joke thats played on new Forex traders is the myth that Forex can be profitably traded at all hours of the day. Its a big disservice to newcomers because they end up trading at the most unprofitable times of the day. Live Forex trading isnt really round the clock. Let Us find out when you should trade. When You Should Trade To Make the Most Profit in Forex Trading ( Courtesy of HenryLiuForex.com )
  3. 3. When You Should Trade To Make the Most Profit in Forex Trading The most effective Forex trading hours are when there is an overlap in between two major sessions. The major sessions are: New York starts up at 8:00AM to 5:00PM US EST time Tokyo starts at 7:00PM to 4:00AM US EST time Sydney opens at 5:00PM to 2:00AM US EST time London starts up at 3:00AM to 12:00 noon US EST time When You Should Trade To Make the Most Profit in Forex Trading ( Courtesy of HenryLiuForex.com )
  4. 4. When You Should Trade To Make the Most Profit in Forex Trading The absolute best time to trade is in the period when the New York session and the London session overlap. For individuals on the east coast of the United States, this is in between 8AM EST and 12PM EST. This overlap in sessions is when most of the major action takes place, and its also where most intraday traders should trade. During this time, it is not odd to see a currency pair like the EUR/ USD shift 100 pips. If your main goal is to do any kind of day- trading, do it during this overlapping time. The time before the Asian session closes overlaps with the start of the London session (3 am to 4 am); this is a good time for you to jump on some early market momentum. Understanding the right Forex trading time will keep you out of trouble. When You Should Trade To Make the Most Profit in Forex Trading ( Courtesy of HenryLiuForex.com )
  5. 5. When You Should Trade To Make the Most Profit in Forex TradingLive Forex trading is significantly different from trading on a demo account. Real-time Forextrading is dictated by when you decide to enter a trade. By only trading in the prime time, whentwo sessions overlap, when most of the liquidity is being pumped into the market; a trader willbe able to get a piece from all of the major moves of the day. Understanding when to tradecomes behind money management and self-discipline. Enjoy your new found knowledge. When You Should Trade To Make the Most Profit in Forex Trading ( Courtesy of HenryLiuForex.com )

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