When To Trade Forex Flashcards
What is the most active/liquid time for trading currencies, stocks and other assets?
* the overlap between London & New York sessions
* 8AM - 12PM ET
The markets are divided into which three majors trading sessions?
* Asian session
* European session
* North American session
What are each session named after?
The financial centre that are most active during that period
Which financial centres does the Asian session include?
* Tokyo
* Singapore
* Sydney
Which financial centres does the European session include?
* London
* Frankfurt
* Zurich
Which financial centres does the North American session include?
* New York
* Toronto
* Chicago
When is the most profitable time for stock trading?
* the first hour after the stock market opens
* during this time there’s increased volatility & volume
What are examples of indices?
* S&P 500
* FTSE 100
Where can you trade indices?
* on the stock exchange during stock market hours
When can you trade crypto?
Crypto is round-the-clock meaning it can be tracked anytime
What are examples of commodities?
* oil
* gold
* agricultural products
When shouldn’t you trade?
* periods of low liquidity
* for example, Friday afternoons, holidays or major events