Forex Recipe

Forex is a virtual, global market and it is open round the clock! This allows investors and traders to work during their normal business hours and long after the working hours, even during midnight. However, all the market hours are not equally lucrative. At times, the currency rates are constantly volatile and at times it is hushed. This variation is also observed in the behaviors of the currencies as well. At certain hours some currencies are traded actively. This is because of the difference in time zones.

There are three major trading sessions in which the level of activity heightens. This makes the life easy for the trader too. A trader can attend the market when it is typically volatile and can develop a strategy depending on the market timings. (more…)