Want To Make Money Trading FX? Just Wake Up At 3AM
An ineresting studay by Deutsche Bank FX.
Countless currency traders wake up every morning with just one question: how to trade FX and make lots of money (ideally without blowing up spectacularly thanks to the 50x leverage). As it turns out, the question may not be “how” but “when.” According to research by Deutsche Bank FX, many investors do not give much thought to the timing of currency trades within the day. But they should, because intraday timing matters greatly on FX patterns. As it turns out, currencies tend to depreciate during daylight trading sessions in their own time zones. Specifically, EUR/USD (and other European currencies) falls in the … (full story)
|It might come as news to some but AIMSters have been applying this information for years.|
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