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For forex trading which currecy pairs are normally very active , their active timings for day trading? |
i am a stock market player. i want to enter currency market. kindly guide me which currency pairs are normally very active and the timings (from what time to what time if I am ready to concentrate on all the 24 hours)generally very active for day trading. Also request to mention the differnce between currency trading and stock trading in various angles By far and away the most active currency pairs are GBP/USD, EUR/USD, USD/CHF and USD/JPY. EUR/USD and GBP/USD most of the time have the most movement. Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net.. I was a stock market player but not anymore so I can only answer the part regarding forex trading. Trading activities are from Sun 5am ET to Fri 5am ET. The most active pairs are the majors like GBP/USD, EUR/USD, USD/JPY, USD/CHF and we can also consider yen crosses with these majors. It will start to be active when US market is open. For a really good PDF on trading times in the forex major pairs check out fxengines.com as they have a great document thats the best I've ever seen or you can also find it on fxstreet.com. It's called when to trade. |
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