Best time to trade forex in nigeria

When to trade Forex, what are the best Forex hours: questions and answers for Please i need your help about the timing because am in Nigeria and we are an  9 Jul 2019 When a businessman talks of the need for foreign exchange in this and “ parallel” market rates in most trading nations in Europe and America. The forex market is most active when there is an overlap of the London/Asian and London/New York time zones. The diagram below gives a perfect illustration of 

Many traders I have interacted with said that the London Session is the best time to trade forex in Nigeria. And their reason is that that is when the market moves greatly. In other words, there is usually more volume of currency in the market during the London Session. Happily, this means that the best time to trade Forex is between 2pm and 10pm Nigerian time. This is convenient for most Nigerian Forex traders, as it means it will be easy for most to be awake during this period, and most of this time is after normal working hours , meaning that Nigerians do not have to give up their normal day jobs in order to day trade Forex successfully during peak market hours. Best Trading Time for Forex Day Traders The Forex Market trades for 5 days in every week from Monday to Friday. Within the 5 days, market price moves round the clock 24 hours every day with each day’s candlestick closing at 10pm or sometimes 11pm depending on the season of the year. The best time to trade Forex is within the first five hours of the trading sessions mentioned above. However, it is recommended that you make trades during the London-New York Session overlap. This is when both the London and New York sessions are open between 1:00 pm and 4:00 pm. You might want to check out our guide on best time to trade forex in Nigeria as the opportunities to make profits are higher during certain market hours. Currency choices: Another major benefit is that forex trading allows you to trade in a wide range of currencies from around the world. The best times to trade forex is during periods of high volatility because it is these larger movements in the market that allow for the profitability of building and selling currency at different prices. The most favorable trading time is the 8 AM to noon overlap, when both New York and London exchanges are open. These two trading centers account for more than 50% of all forex trades. On the flipside, from 5 PM to 6 PM EST, the only operation open for business is the Singapore exchange,

Learn what forex trading is and how to profit on the currency markets. From strategy and As a result, you decide when to trade and how to trade. Leverage – A 

Many traders I have interacted with said that the London Session is the best time to trade forex in Nigeria. And their reason is that that is when the market moves greatly. In other words, there is usually more volume of currency in the market during the London Session. Happily, this means that the best time to trade Forex is between 2pm and 10pm Nigerian time. This is convenient for most Nigerian Forex traders, as it means it will be easy for most to be awake during this period, and most of this time is after normal working hours , meaning that Nigerians do not have to give up their normal day jobs in order to day trade Forex successfully during peak market hours. Best Trading Time for Forex Day Traders The Forex Market trades for 5 days in every week from Monday to Friday. Within the 5 days, market price moves round the clock 24 hours every day with each day’s candlestick closing at 10pm or sometimes 11pm depending on the season of the year. The best time to trade Forex is within the first five hours of the trading sessions mentioned above. However, it is recommended that you make trades during the London-New York Session overlap. This is when both the London and New York sessions are open between 1:00 pm and 4:00 pm. You might want to check out our guide on best time to trade forex in Nigeria as the opportunities to make profits are higher during certain market hours. Currency choices: Another major benefit is that forex trading allows you to trade in a wide range of currencies from around the world.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading 

13 Sep 2018 (commonly called “Forex Trading” in Nigeria) has undoubtedly stood the test of time Who should I trade with and what should I look out for?

Many traders I have interacted with said that the London Session is the best time to trade forex in Nigeria. And their reason is that that is when the market moves greatly. In other words, there is usually more volume of currency in the market during the London Session.

3 days ago Here you can find a list of the best global Forex brokers online accepting traders in Nigeria for Forex trading. Risk Warning: Your capital is at risk. Best time to trade Forex in Nigeria Forex market is open 24 hours a day and for 5 days in a week . In a way, you could say that it is a market that never sleeps. The Best Time to Trade Forex in Nigeria SEO Guru Money 2 Comments Although, the Forex trading markets are open 24 hours every day in Nigeria, there are a few hours that are seen as the best time to trade Forex if you want be among the top Forex brokers. Nigerian traders are expected to trade the London session during business hours-8: 00 PM-New York city first at 5: 00 pm Nigerian time. This is the time when liquidity is the highest of the major currency pairs such as the EUR / USD, GBP / USD, etc. Many traders I have interacted with said that the London Session is the best time to trade forex in Nigeria. And their reason is that that is when the market moves greatly. In other words, there is usually more volume of currency in the market during the London Session. Happily, this means that the best time to trade Forex is between 2pm and 10pm Nigerian time. This is convenient for most Nigerian Forex traders, as it means it will be easy for most to be awake during this period, and most of this time is after normal working hours , meaning that Nigerians do not have to give up their normal day jobs in order to day trade Forex successfully during peak market hours. Best Trading Time for Forex Day Traders The Forex Market trades for 5 days in every week from Monday to Friday. Within the 5 days, market price moves round the clock 24 hours every day with each day’s candlestick closing at 10pm or sometimes 11pm depending on the season of the year.

When to trade Forex, what are the best Forex hours: questions and answers for Please i need your help about the timing because am in Nigeria and we are an 

Best Trading Time for Forex Day Traders The Forex Market trades for 5 days in every week from Monday to Friday. Within the 5 days, market price moves round the clock 24 hours every day with each day’s candlestick closing at 10pm or sometimes 11pm depending on the season of the year.

23 Jul 2017 The concept of forex trading as an investment strategy within itself has People say they have made a trading profit, but when you look at the  25 Jun 2011 When I started trading, I started small, and when I became good, I approached people for money to trade, I built up my own capital and then went