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When is the best time to do short-term foreign exchange trading?
When is the best time to do short-term foreign exchange trading? Generally speaking, foreign exchange trading is 24 hours, which is very popular with short-term traders. However, it can be traded 24 hours, but it does not mean that 24 hours is the best trading time. So, when is the best time to do foreign exchange trading?

1、6:00-9:00

For a 22-hour trading platform, the closing time in the morning is generally 6:00 (7:00 on Monday), and 6:00-9:00 am is a relatively light time period, and the exchange rate changes slightly. Due to the small trading volume, many trading platforms greatly increase the gap between trading varieties and restrict investors' trading, mainly to prevent the risk of market trends being manipulated artificially. The widening gap means an increase in transaction costs, in the short term.

2、9:00- 1 1:00

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This time period is a period of active exchange rate changes, mainly because the convergence of major Asian financial markets means that investors become active and the exchange rate market becomes active, so this time period is also called Asian time period. There are certain trading opportunities in this period, but it is not the best trading opportunity in a day. In fact, the exchange rate changes during the Asian period are also very small, which can only belong to a relatively suitable trading period.

3、 1 1:00- 15:00

This period is a quiet period of exchange rate changes, and some Asian financial markets have lunch breaks or lunch breaks. Generally speaking, the market changes little during this period, which is not suitable for trading. However, it is better than 6: 00 to 9: 00.

4、 15:00- 18:00

During this period, some major financial markets in Europe have started one after another, so the foreign exchange market will be more active. In particular, foreign exchange investors are mainly concentrated in Europe and America, and the participation of European investors has a great influence on the exchange rate market. The foreign exchange market began to appear from this period, which is also the beginning of the gold trading period in a day, also known as the European trading period.

5、 18:00-20:30

During this period, as the European financial market entered the lunch break, the United States has not yet listed, and HSBC entered a relatively calm region. Relatively speaking, although this is a calm period, the exchange rate will fluctuate to a certain extent, sometimes even exceeding the Asian plate period, so this period can only be called a period that is not suitable for trading.