Trading times in the currency market
When a person begins trading in the currency market for the first time, he sees various economic calendars:
- It is one of the ways to make money and it is also voracious about all the data that is released.
- He remains in a constant state of monitoring the foreign exchange market during the five days that he operates, but this method will not only consume the reserves of the trader quickly.
- It may also burn the most stable traders, and on the money (Wall Street) whose system of work is during traditional working hours only, which comes from the best forex company.
- Where the work is done during the traditional business hours as well, but for four parts of the world that differ from each other according to the time zones of each part, which indicates that trading continues throughout the day and night.
- Currency trading is special due to its strange operating hours which start the week on Sunday at 5 pm local time in the USA and continue until Friday at 5 pm as well.
- It should be known that not all business hours are suitable for trading.
- The best time to trade in the currency market is when the market is active, through the types of forex trading contracts, when more than one of the four known markets are working at the same time, as the trading atmosphere will be in an upward state, and then the fluctuations in Currency pairs are of greater importance.
- When only one market is available, currency pairs become closed with a pip spread of approximately 30 pips of movement, but when two markets are open at the same time the northward movement can reach about 70 pips especially when there is important trading news.
Currency Trading Times Digital
Digital currencies emerged as a result of the digital society, and it is just like it, where money can be invested via the Internet, and their trading times are as follows:
- It operates all week round the clock.
- One can trade it at any time because it is different from the commodity and stock markets.
- The digital currencies are not traded on a regulated exchange, but rather are traded through many crypto exchanges such as ( Binance), (Coinbase Pro), or (Bitfinex), which continues throughout the day.
- Although there are times when you can get a little busy, this rule is not essential, as Russia, the United States of America, and the United Kingdom are among the largest countries that trade cryptocurrencies.
- It is normal for the European market times to be crowded for the Americans, and on the other hand, the Asian market can be volatile at times, in addition to the fact that large movements are not known to occur on Sunday night in GMT, which can harm the individuals who deal European time.
Trading times in global stock exchanges
The opening times of the currency market vary from one country to another according to the local working hours and the culture of each country. It is the best way to invest your money in it, as it is as follows:
- Most markets are open Monday through Friday and are closed on weekends.
- Some stock exchanges, such as those in Asia, are temporarily closed at lunchtime.
- While other exchanges such as those in North America and Europe do not close for lunch.
- Those times are different for the Middle East, as the Tehran Stock Exchange starts working from Saturday to Wednesday.
- Public holidays are mostly closed to global stock exchanges, but they differ in different countries around the world, and it is worth noting that they differ in terms of times based on the region, so that sellers and buyers can focus during the working hours of the region.
- Whereas international times, they are different for the stock exchanges to ensure that liquidity is available between the closing and opening bells, and thus the situation is better than the sporadic deals that take place during the day over 24 hours.
Currency trading times in Saudi time
Currency trading times in Saudi time differ from other countries, as we find them as follows:
- Currency trading in Saudi Arabia continues on weekends, while global stock exchanges in Europe, America, and Asia operate based on the known schedule, which is from Monday to Friday, where you can learn about the method of calculating the lot in currency trading.
- The Saudi Stock Exchange remains open for 5 hours a day, while other stock exchanges open for only four days, as a result of the lack of demand and listed companies.
- The Deutsche Börse is open for more time than other stock exchanges.
- Trading hours when they are limited leads to little fluctuations in stock prices, but at the same time, it limits their liquidity.
- Also when times are short, many reports and news about profits are published during the closing period, and this gives investors some time to make decisions more calmly, and it is worth noting that the stock exchange in Saudi Arabia does not close temporarily for lunch like the currency trading markets in Asia.
Currency trading times in Egypt's time
Egypt also differs from other countries in some details of trading times in the currency market, but it is also similar to each other in some features, which are evident in the following:
- The Egyptian Stock Exchange opens and operates in currency trading during the weekend.
- Its daily working hours are for four and a half hours a day, which contributes to regulating the movement of stock prices, in addition to having enough time for investors wishing to determine what is appropriate for currency trading.
- It is worth noting that the stock exchange in Egypt is temporarily closed during the lunch period to rest and eat, just like the markets in Asia.
- While currency trading for long hours may affect its volume to become less, which leads to price volatility, as well as more risks as a result of investors making quick decisions in the information that is published after the closing time.
- In the past, long-term trading was limited to large investors, while as a result of the spread of electronic platforms, individual investors were able to trade during long working hours as well, depending on the brokers they deal with in that field.
MetaTrader opening times indicator
The MetaTrader indicator shows the most important trading sessions in the forex market, such as in New York, London, Tokyo, and Sydney, which can be done through electronic investing, and the sessions are presented in the following form:
- Colored boxes are visible on the graph.
- This shows the times that each session is opened and closed, as well as the range in which it is traded.
- One of the advantages of the MetaTrader indicator is that it has simple and effective results at the same time, as well as it is developed for the terminal ( MT4), and also when compared to other indicators such as (i-Sessions), we find that it has more possibilities when trading in the forex market, and global markets in particular. It helps you to know the answer to your question How do I invest my money.