Forex market hours south africa time

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The forex market is available for trading 24 hours a day, five and one-half days per week. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light.

Event Planner. Zones by Country. However, participating during the busiest Forex trading moments prudently will increase the profits as the Forex market will experience more volatility at that moment due to high trading volume and clashes between buyers and sellers. The instances mentioned in the previous two sentences regarding when is the best time to trade which currency pair shows that choosing a currency pair to trade is also dependent on the Forex trading session.

The traders of South Africa also have to keep in mind that they should be aware of the other forex trading hours.

For instance, when there is a major release of government reports or major economic news. This is because the Forex trading market is also dependent on the fundamental analysis. However, the timetables issued by the various governments may not coordinate with each other.

It is also important to know about the various economic indicators from different countries as it will help when trading a particular currency pair at a particular Forex Market Hour. Another reason is that the indicators published often coincide with particularly active moments of the forex trading market.

Increased activities always mean greater trading volume for the currency pairs, which translate to higher return opportunities. Another point to keep in mind is the release of various financial and political news that have the potential to influence the price movement of a currency pair. Binary Options Broker Binary. What are the Forex Market Hours? The traders can play the forex market 24 hours a day, five days a week.

High liquidity generally creates less volatility in the forex market, mainly because prices do not fluctuate significantly either way.

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Thin liquidity often results in high volatility where traders see more drastic price movements. When many traders around the world are trading forex at the same time and volumes are high, this tends to flatten out the extreme highs and lows of currency pairs. For this reason, a highly liquid market like forex is also known as a deep market or smooth market.

In contrast, thin liquidity or rather an illiquid market can experience more chaotic moves because buying and selling volumes vary significantly. If a liquid market is called smooth, you can call an illiquid market choppy. The forex market is the largest and most liquid market in the world.

You can trade every hour of the day for five days a week. They dovetail each other nicely and factors like time and location create unique trading opportunities. New York and London trading sessions are highly liquid, particularly when they overlap. The New York and London overlap is one of the most exciting forex trading sessions.

It has the heaviest volume of trading which creates great trading opportunities. Experienced forex traders know the best time to get in front of your computer and start trading forex is when the market is pumping. For beginners, high liquidity with enough volatility to make gains but not burn yourself is ideal.

If you can time it to catch the overlaps, even better. You get higher price ranges during trading overlaps and that means better trading opportunities. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Forex trading involves a high degree of leverage which increases the risk associated with forex trading.

We aim to help traders in South Africa find the best forex brokers.