Topic Metatrader - Is Metatrader Living Up to Its Name?
Experienced traders would say that the right time to enter the market Levelator Pro Review is when the volume is the heaviest. This usually happens when the Asian, Australian, New Zealand, European and United States markets are open simultaneously. Therefore, if you own a forex robot , you should ensure that it is up and running when these markets are trading.
Perhaps this is the reason why the creators of Forex Megadroid, FAP Turbo and Ivy Bot have emphasised that their robots are able to work twenty four seven. These online software programmes are resilient enough to detect varying market trends and activities, based on the different types of currencies that they are configured to trade with.
In terms of actual timing, the New York forex market opens from seven in the morning to four in the evening, in London, trading times are from two until eleven in the morning, the Great Britain market opens from three in the morning until eleven at night according to Eastern Standard Time; in Tokyo you can trade from eight at night to four in the morning, Eastern Standard Time and in Australia, trading starts at seven in the evening and goes on to three in the morning, Eastern Standard Time.
Investors who have been trading for some time now, state that the first three to five hours are when all the trading action takes place. Hence, this is a good time to use your forex robot and allow it to make some money for you. It is also the general belief that trading becomes more intensified when the United States and United Kingdom markets carry out transactions. These countries account for 75% of the market trade that takes place.