I have already discussed one strategy, but did not tell about one very important thing - what hours to play?

Well… I will not hide that I know mainly the currency market and if you play on indices, stocks or commodities, I will not be able to help you. But what about these currencies? Why is one time period better than another? This is mainly due to market activity. Yesterday on YouTube I posted a video showing a strategy based on two moving averages (click) - I mentioned in this video that I would not be trading the EUR / USD pair right now as there are a lot of short candles that generate false signals. Short candles are when the market is not very active and then you should not make transactions because one more move is enough, and the option you play may be damned.

But the facts - exactly when to play? Before writing this post, I did some research on the internet to see if my opinion coincides with that of others, and I find it almost the same. I saw an entry on the internet that it is good to play currencies between 7:00 and 11:00 am. I know from experience that there is often some hesitation at seven in the morning and I would personally advise you to enter the game around 8 and quit around 12.

There is one more thing to watch. You must know if any economic events will occur during your game session. How to check? Go under this link and see if there are any important economic events on a given day - what events are important? These are the ones marked with three bull heads. There are also events that always strongly affect the market, but I will tell about them when discussing the strategy for macroeconomic events. If there are any economic events drowning during your gaming session, play 10 minutes before and after the announcement of the results.

That's it for today - I hope the information I gave you today will be helpful for you. Please write me in the comment your suggestion for the next post.