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Thinking you work 9 to five in the UNITED STATE, you can trade prior to or after work. The most effective trading method in those time blocks is to select the most energetic money pairs (those with the most price activity). Understanding what times the major money markets are open will aid in selecting major pairs.
The marketplaces in Japan as well as Europe (open 2:00 a.m.– 11:00 a.m.) are in full speed so part-time traders can select major money pairs. These include the EUR/JPY set or the EUR/ CHF set for major money or pairs that include the Hong Kong dollar (HKD) or Singapore dollar (SGD). The AUD/JPY set may also work well for part-time traders readily available throughout the 5 p.m. to twelve o’clock at night duration. While it is important to comprehend the very best money pairs that fit your schedule, prior to placing any bets the trader requires to conduct more analysis on these pairs as well as the basics of each money.
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