Working day trader in the Forex market

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banks in Asia, America and Europe day trader begins at 7:30 am.About half an hour spent on the analysis of the recent developments of the previous trading session.Traders read the press and economic surveys, analyze the impact of recent fundamental and technical indicators.Also, speculators collect rumors among colleagues from other companies, are discussing various forecasts and analysts communicate with each other.During this period of the day traders try to anticipate all the possible changes in exchange rates.At 8:00 actively are the first transactions.By this time, too, are determined by the independent speculators with his tactics and begin to open position.This gives a strong push exchange rates.Forex trade is around the clock, so depending on the time you can watch the activity of the markets on different continents.

Far East

time trader in the Far East begins at night and finishes at lunch time (GMT).Tokyo is actively working until noon, and Singapore - before lunch.Fluctuations negligible and usually does not exceed 50 points.Most of the trade is due to the Australian dollar and the yen.

Europe

Russian speculators to close the European market, as in Zurich, Frankfurt, Luxembourg and Paris time trader begins at 9:00.But according to the active motion begins at 10:00 am, after connecting to the London Stock Exchange trading.The revival lasts about 2-3 hours.Then comes lunch time, and the fluctuations subside to 10-20 points.This market is referred to as "dead."Depending on the situation it could be and "lively."Then the oscillations can reach as much as 100 points.Any international trader must have seen similar movements courses.

North America

Around 16:00 Moscow actively start to European dealers.Connect to the speculators from the United States, because time trader of America starts just at this time.Since the forces of European and American speculators are about the same, the vibrations do not usually go beyond the movements of the European session.Nevertheless, for the dealers is very significant opening of the New York Stock Exchange, as at 19:00 Moscow time, European banks will be closed, and the Americans will remain in a "thin" market alone.It is fraught with strong fluctuations, as major currencies linked to the US dollar.Volatility may be 400-500 points.In such a market "survive" only the speculators, which Forex trading is not a game, and the profession.The trader will be able to capitalize on this movement only with a cool head and a clear trading system.

Russian market

And finally, tell a little about the Russian currency market.It is radically different from the world.First of all conversion operations ruble / dollar, which may take place during the day.Transactions are made on two courses: today (tod) and tomorrow (tom).The first was before lunch, and the second - after.It should be noted that transactions on the exchange rate of the ruble / dollar are important both for Russia and the world market is almost not affected.