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When to trade forex
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[QUOTE="Phabbyfundz, post: 156998, member: 49202"] The forex market is always open 24 hours a day, 5 days a week, but it is not active all this time! In forex trading, profit is been made when the market is active and traders are bidding on the prices. Therefore, it is crucial to know the most productive hours of the day and of the week for forex trading! There are three major sessions of the forex market; London , US and Tokyo sessions. The busiest time are when the sessions overlap as traders can purchase currencies from different continents. The forex market of London are usually the most active as it involves many countries of the European union. US market comes next, so the time when US sessions intersect with London sessions is usually the time that produces the biggest returns on trades . [/QUOTE]
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