Should you close trades before the weekend? - Smart Forex ...
Forex Market Hours
Spread Betting - Trading Without The Tax
Spread Betting is a form of trading stocks, or any other security by placing your trades on a brokers/bookmakers price rather than the actual market. Trading this way means (in the UK) you don't pay any stamp duty or become liable for capital gains tax on your profits (if there are any!).. But lets get down to the nitty gritty, stocks, indices, forex or commodities, ideas to trade or charts to watch... :) All welcome..
When there is a bank holiday in a country that hosts the foreign exchange, does the forex market just shut down for a fraction of a day? That sounds kind of arbitrary, and would require informing yourself about a variety of foreign holidays, so I wonder how that is regulated.
GMT and EST hours for trading Forex. Forex market welcomes traders 24 hours a day. Forex market opens on Sunday 5 pm EST (10:00 pm GMT), closes on Friday 5 pm EST (10:00 pm GMT). Trading sessions according to GMT (Greenwich Mean Time): Forex market is open 24 hours a day. It provides a great opportunity for traders to trade at any time of the day or night. However, when it seems to be not so important at the beginning, the right time to trade is one of the most crucial points in becoming a successful Forex trader. The Forex market is a little odd in it’s opening hours. Unlike most financial markets that open around 8:00 am in the morning and close around 6:00 pm in the evening, Forex is open 24 hour per day. Forex Market Hours Based Strategy No# 2: Breakout Trading at London Opening Hours. The London session is responsible for around 30% of the trading volume, which is the highest among all major Forex market sessions around the world. Hence, often major trends start and end during the London Forex market hours. When does the market close? Forex market close at 22:00 GMT winter and 21:00 GMT in summertime (New York forex close time) on Friday for most forex brokers. It is the NY session close time. There is a difference in 1 hour for some brokers. Trader need to know trading server (for example Metatrader platform ) time.
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