How Do I Choose the Best Bank for Forex Trading?

In foreign exchange transactions, there are generally several types of transaction methods: spot foreign exchange transactions; forward foreign exchange transactions; foreign exchange futures transactions; foreign exchange options transactions.

Forex trading methods

As a global market, the foreign exchange market attracts huge amounts of funds every day. In order to help people understand the foreign exchange market more clearly, especially to understand some of the misunderstandings of foreign exchange transactions, the reporter interviewed the newspaper's special expert Mr. Zhuang Zhou I asked him to talk about some of his personal views on the misunderstanding of foreign exchange transactions.

China's foreign exchange market mainly refers to

Global Gold Exchange pointed out that foreign exchange speculation should choose the best time to enter the market, not blindly into the market, it is best to look at the market and seize the opportunity to place an order.

1. Markets as early as 5-14 pm are generally very light.

This is mainly due to the small driving force of the Asian market! Generally, the amplitude of the shock is within 30 points and there is no obvious direction. Mostly for adjustment and callback market. Generally, it is opposite to the direction of the day. For example, if the trend of the day rises, this period is mostly a small fluctuation.

Since most of the market during this period has no direction at all, margin traders can observe it at around 6-8 am in the morning, if the market is in the form of ups and downs (see the 15-minute or 5-minute graph). You can do 5-15 points when the market fluctuates to both ends, and only stop winning and not short-term stop loss. If you can't make money after 11 o'clock, you should close the stop loss in time.

This method is called the 5-point method, and it cannot be done by the disk. It is suitable for investors with low operating skills. The termination loss can be placed around 30-40 points! Not applicable for real traders!

2. The European morning market is from 14 to 18 noon, and there is usually a market after 15:00.

Funds will increase after Europe starts trading. The foreign exchange market is a market where money accumulates, so the amount of funds there will fluctuate there. And this period will be accompanied by the release of some data on the influence of European currencies! Generally the amplitude of the shock is around 40-80 points.

This period of time generally starts after 15:30. The real market will be accompanied by indicators such as divergence and breakthrough, so it is a good opportunity to grasp.

3. At noon from 18 to 20 in the morning, it is the noon break in Europe and the early morning in the American market. It is relatively light!

This time is the noon break in Europe and China, and it is also the eve of waiting for the United States to begin.

4.20 o'clock-24 o'clock are the afternoon session of the European market and the morning session of the American market!

This period of time is the time when the market fluctuates the most, and it is also the period with the largest amount of funds and the number of participants.

It is generally more than 80 points.

During this period of time, the action will be completely in accordance with today's direction, so judging this time the market will follow the trend of the drama. It can be in the same direction as Europe, and the river can be in the opposite direction. In short, it should be consistent with the trend.

After 5.24 to early morning, it is the afternoon session of the United States.

Generally this time has come out of a larger market, this time is mostly a technical adjustment of the previous market.