2024-12-26 09:56
IndustryWhen to Trade and When to Stay Out of the Market
One of the most overlooked skills in Forex trading is knowing when not to trade. Avoid markets with unclear trends or excessive noise, such as those during major holidays or right before critical news releases. Instead, focus on high-probability setups where your edge is clear. For example, trading during the overlap of the London and New York sessions often provides the best opportunities due to increased liquidity and volatility. Remember, sitting on the sidelines is better than forcing trades in uncertain conditions. In Forex, patience pays dividends.
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When to Trade and When to Stay Out of the Market
| 2024-12-26 09:56
One of the most overlooked skills in Forex trading is knowing when not to trade. Avoid markets with unclear trends or excessive noise, such as those during major holidays or right before critical news releases. Instead, focus on high-probability setups where your edge is clear. For example, trading during the overlap of the London and New York sessions often provides the best opportunities due to increased liquidity and volatility. Remember, sitting on the sidelines is better than forcing trades in uncertain conditions. In Forex, patience pays dividends.
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