Forex Supply Demand

Posted by pmaximus123 on Oct. 11, 2010

The right information at the right time – major FX news is released publicly on specific schedules, so everyone has access to the same information at the same time. But, the large banks & financial institutions have the advantage of seeing what their customers are trading and so get a slight jump ahead of everyone else. Take your time – regardless of what others say, if you’re not ready to do a trade then DON’T. Trade only when you expect that the currency you want to buy is going to increase in value compared to the currency you want to sell. If the currency you plan to buy does increase then you must sell back the other currency to make your profit. Pick the best time to trade – although the markets are open 24 hours a day, except at the weekend, it is advisable to pick the most active times to trade. There are three main trading sessions – London, New York and Tokyo and the busiest time is when these sessions overlap. The sessions between 3am to 4am EST and 8am to 12pm EST are the busiest trading tim

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