For forex trading which currecy pairs are normally very active , their active timings for day trading?
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Answer:
By far and away the most active currency pairs are GBP/USD, EUR/USD, USD/CHF and USD/JPY.
EUR/USD and GBP/USD most of the time have the most movement.
Depending on the time of day and news releases especially from the USA.EUR usually follows the GBP in movement,but not always.
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I was a stock market player but not anymore so I can only answer the part regarding forex trading. Trading activities are from Sun 5am ET to Fri 5am ET. The most active pairs are the majors like GBP/USD, EUR/USD, USD/JPY, USD/CHF and we can also consider yen crosses with these majors. It will start to be active when US market is open.
For a really good PDF on trading times in the forex major pairs check out fxengines.com as they have a great document thats the best I've ever seen or you can also find it on fxstreet.com. It's called when to trade.
Hope this helps!
You will find these 3 pairs are very actively traded. USD/YEN, GBP/USD and EUR/USD. For active trading times take a look at this chart http://www.geocities.com/lcming/forexfor...
One thing to note : the difference betwen stock trading and Forex trading. It is more stimulating and its 24hrs, round the clock. Can be quite monotonous, trading just 1 or 2 counter. The distinct difference you will find out is the leverage factor. Thats is the make or break factor. Watch your money mangement and trade managment is critical. Some resource for you to check out,
http://www.geocities.com/lcming/forexboo...
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