Time characteristics of foreign exchange treasure trading

After a careful summary, the foreign exchange treasure team of Bank of Communications believes that foreign exchange treasure trading has obvious time characteristics. Mastering these characteristics and making full use of them will enable you to trade foreign exchange treasure with twice the result with half the effort. First, the market at 5-14 o'clock every day from Monday to Friday is generally extremely light. This is mainly due to the small driving force of the Asian market. Generally, the fluctuation range is within 30 points, and there is no obvious direction. Mostly adjustments or pullbacks. Generally, the trend is opposite to the direction of the day. For example, if the trend rises on the day, this period is mostly a small fluctuation decline.

2. 14-18 o'clock in the afternoon is the European morning market, and there is usually a market after 15 o'clock. Funds will increase after Europe starts trading.foreign exchange marketIt is a market where money is piled up, so there will be large fluctuations there. And this period will also be accompanied by the release of some influential data on European currencies! The general fluctuation range is around 40-80 points. This period of time usually starts after 15:30, and this market is usually accompanied by technical indicators such as deviations and breakthroughs, so it is a better opportunity to seize.

3. From 18 to 20 o'clock in the evening, it is the noon break in Europe and the early morning in the American market, which is relatively light! This time is the lunch break in Europe and China, and it is also the eve of waiting for the start of the United States.

From 20:00 to 24:00 is the afternoon session of the European market and the morning session of the American market. This period is the time when the market fluctuates the most, and it is also the time when the amount of funds and the number of participants are the largest. Generally, the market is above 80 points. During this period of time, it will move completely in the direction of today, so it is necessary to judge the market according to the general trend. It can be in the same direction as Europe or in the opposite direction from Europe. In short, it should be in line with the general trend.

After 24 o'clock to the early morning, it is the afternoon session in the United States. Generally, the market has come out of a larger market at this time, and this period is mostly a technical adjustment to the previous market.

It can be seen that foreign exchange traders in China have an unparalleled time advantage in other time zones, that is, they can seize the most volatile time period from 15:00 to 24:00. The time from 5:00 pm to 24:00 pm is free time, which can be used for foreign exchange investment without being distracted by work. This allows us to trade with as much concentration as possible. Everyone should take good care of it.