Looking For The Prime Time For Daily Forex Trading.

Looking For The Prime Time For Daily Forex Trading. Trading Algorithm actions, positions, design, articles and further analysis.

While looking for the prime time for Daily Forex Trading, a question immediately pops up:

Can a prime time for Daily Forex Trading actually exist?

The Forex market operates 24 hour a day, all around the globe and events that occur in different places influence it day and night. At your night time, a full busy day takes place on the other side of the globe, affecting the currency rate.

Take for example the exchange rate between the US Dollar and the Japanese Yen or the Australian Dollar.
Located on different time zones makes the trading rate between their currencies volatile day or night. Making the notion of a Prime Time for Daily Forex Trading to a Local Urban Legend Also concidere that many transactions are made with a future trading broker or an independent broker. This can lead to more transactions with a vast time spread. This can be due to the brokerage businesses as they work to readjust their positions.
This actions could affect the Forex Market any time during the day or night.

Trying to find correlations between time and market rate is not a stable solution for trading. Correlations change, just as the global economic system and other various factors can change on a daily basis, eliminating the correlations between time and other elements. The correlations of today may not be in line with the long-term correlations between any two-currency pairs.

The only good solution for this situation is a good Trading Algorithm, implemented in a stable and well engineered software.

10-Apr-2013

Further reading

Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics. Manage a trading account with the software is available for new investors. For further details please continue to Automatic account management services .
Please notice: Trading foreign exchange should be carefully planed. Any trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Please be aware that a possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should never invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Useful links:
ALGORITHMIC CURRENCY TRADING   Automatic account management services for currency trade   Silver Lines trading algorithm hosting services

Video examples

Watch video examples of short term trading. All recorded at real time for your convenience.

Charts list

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