euro Posted October 3, 2013 Share Posted October 3, 2013 When you time your trades and open it when there are at least 2 markets opening that will overlap you will make more profit than one market only. Since, there will be higher trading volumes and transactions you will make higher profits. The pips movement is slower when there is only one market. I usually trade during NYC and London market. How about you? Quote Link to comment Share on other sites More sharing options...
Alick Bannerman Posted June 9, 2015 Share Posted June 9, 2015 You are very correct, I have also witness this whenever I trade when there is only one market open, I have face issue with slow movements, but when I trade when there are two markets opened then the movement is really quicker and I am able to make good profits, so that’s why I love to work with OctaFX broker due to their cTrader platform, it helps me show which trading session is active, it’s written on their terminal and that is very helpful. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 18, 2015 Share Posted June 18, 2015 This is what many people said as the best time to trade because of the market overlapped the volume is increasing, but guess what? That does not affect my trading life a lot, since i trade only based on news and even the market overlapped or not that is not much big deal to me. Quote Link to comment Share on other sites More sharing options...
myregister Posted February 17, 2016 Share Posted February 17, 2016 So it is overlapped market isn't it? This is where two trading hours overlapped, and as you can see this is when the market is more busy there are more people who enter the market and trying to speculate what make it worse that usually many news announced during this time, like NFP or Employment Change data. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 7, 2016 Share Posted March 7, 2016 NFP aren't so much reliable nowadays, earning from this way would be one of the bad idea. The market seems crazy nowadays, love to against you. But theoritically open a position during overlapped hours means that more people you can trade with including with forex robots. So the chance of volatility is quite higher than non-overlapped hours. Quote Link to comment Share on other sites More sharing options...
myregister Posted March 15, 2016 Share Posted March 15, 2016 Open 2 positions at the same time means you are either doing averaging or hedging. If those position are not opposite to each other, it means you do averaging technique, this means double profit or loss. If you hedge of course you pit two different position(buy and sell) but remember you don't close position but instead open a new position, this means you hedge your position. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 21, 2016 Share Posted March 21, 2016 Hedging is what many traders to do,it is for the sake of lowering the risk and also to stop your loss or locking the profit. 2 positions would help traders to double their profit by do averaging but this sounds like a bit gambling, the key is to find the right way to open that position. Quote Link to comment Share on other sites More sharing options...
omar-profits Posted March 26, 2016 Share Posted March 26, 2016 the overlap time in stock markets is the best time to trade, liquidity will be high, so you can earn more and fast, your position will go faster than any time. for my I usually trade in 2 - 5 PM GMT. everyday, try this time, the liquidity is really very good to trade scalping. Quote Link to comment Share on other sites More sharing options...
novarisa Posted April 12, 2016 Share Posted April 12, 2016 the overlap time in stock markets is the best time to trade, liquidity will be high, so you can earn more and fast, your position will go faster than any time. for my I usually trade in 2 - 5 PM GMT. everyday, try this time, the liquidity is really very good to trade scalping. It depends on when the trader want to do trading, which market session that suits them to do trade. Especially for scalpers, they need to do trading in a suitable time. Quote Link to comment Share on other sites More sharing options...
myregister Posted April 15, 2016 Share Posted April 15, 2016 Just trade when the market doesn't volatile, or less volatile because that is what scalpers for isn't it? As for long term trader for sure they must have strong insight since analyze the market for long term isn't that easy because we target for longer term than just that scalping. But trading also depend on pairs not just technique. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 19, 2016 Share Posted April 19, 2016 the overlap time in stock markets is the best time to trade, liquidity will be high, so you can earn more and fast, your position will go faster than any time. for my I usually trade in 2 - 5 PM GMT. everyday, try this time, the liquidity is really very good to trade scalping. Well in 2 market open mean that there is overlapping and i agree with you this is the best time to trade since liquidity is high and the volatility is under control or we can say more predictable. The right timing usually is at around 5-20 minutes after some news release, i suggest it is good for someone who did fundamental based analysis. Quote Link to comment Share on other sites More sharing options...
myregister Posted July 23, 2016 Share Posted July 23, 2016 Yes, sidejob, when the market is open overlapping happened which means more people trade in the market. Overlapping market means one market open while the others still not closed thus add more people who involved in the market to speculate. More liquidity means more movement and usually, in this time the news like NFP or CPI announced. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 25, 2016 Share Posted July 25, 2016 Yes, sidejob, when the market is open overlapping happened which means more people trade in the market. Overlapping market means one market open while the others still not closed thus add more people who involved in the market to speculate. More liquidity means more movement and usually, in this time the news like NFP or CPI announced. This is one fo the best condition when I trade in foreign exchange, and it usually happens between London Session and NY session. If you love to trade with news especially for United States-based news you will meet this kind of things, and the good thing that volatility is above average, thus move the price to different place in relatively shorter time. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 3, 2016 Share Posted August 3, 2016 Sure one of the best condition beside when the market really like what you predict and seems like dancing along your tunes. Overlapping market means the market is getting bigger and more people involved thus means more trading, more liquidity, and more volatility. This is why we find that EURGBP and GBPUSD usually considered to be volatile, especially to GBPUSD. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 6, 2016 Share Posted August 6, 2016 GBPUSD is understandable because of its near session, as far as i know it is only 3-4 hours difference before the opening on NY session after London session opened. Overlapping market means that more people inside and a lot of people want to trade with it and the price may rise or fall in faster pace or even the zig zag pattern spotted here. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 6, 2016 Share Posted August 6, 2016 It depends on when the trader want to do trading, which market session that suits them to do trade. Especially for scalpers, they need to do trading in a suitable time. Some scalping trader they like on asian sesion market because on low movement and scalping usually only take small profit which on asian sesion usually has movement on slow motion but might easy to analyzed, but I am ever trying certain ea taht only work on asian sesion also still often fail Quote Link to comment Share on other sites More sharing options...
gaban Posted August 9, 2016 Share Posted August 9, 2016 Some scalping trader they like on asian sesion market because on low movement and scalping usually only take small profit which on asian sesion usually has movement on slow motion but might easy to analyzed, but I am ever trying certain ea taht only work on asian sesion also still often fail Well, also on the price conditions, they prefer to trade on sideways condition so they can analyze it well. And also, they are always evading news. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 9, 2016 Share Posted August 9, 2016 Well, also on the price conditions, they prefer to trade on sideways condition so they can analyze it well. And also, they are always evading news. What evading news? I don't really get that part. Traders surely will have some problems if they cannot optimized their trading when 2 market opens, remember this is overlapping market where the activity surely extended and the price may even more volatile especially if during that overlapping market there is high impact news such as Interest Rate changing or Consumer Price Index and so on. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 9, 2016 Share Posted August 9, 2016 What evading news? I don't really get that part. Traders surely will have some problems if they cannot optimized their trading when 2 market opens, remember this is overlapping market where the activity surely extended and the price may even more volatile especially if during that overlapping market there is high impact news such as Interest Rate changing or Consumer Price Index and so on. Might some trader that based on technical analysis they also will reading news, and look on time news high impact will released, like as on last week when NFP news will released, trend market move in low liquidity but after news has been released which data actual higher than forecasting and big different data making usd strongest to other currency, we can look eurusd and also usdjpy and gbpusd and all pair that has usd move strong after news has been released Quote Link to comment Share on other sites More sharing options...
pepy Posted August 9, 2016 Share Posted August 9, 2016 To make living with forex it is easy to know that someone need to have stable source of income. If forex itself unstable how can you make it stable. So far i see people who rely on forex has bigger income even still volatile rather than the other offline workers. Usually they make it twice more than what many workers can get and they settle with it. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.