Because the overall driving force of the Asian plate is relatively small, this trading period is often relatively light and belongs to the market adjustment stage. The oscillation range is generally within 20-40, and there is no obvious directionality. Mostly for adjustment callback.
Traders can observe around 6-8 am. If the market fluctuates up and down [see 15 minutes or 5 minutes graph], they can operate at 5- 15 points when the market fluctuates at both ends, and only win short-term stop losses. If they still can't make money after 1 1, they should close their positions in time. After that, 14 points belong to the brewing period of the market, preparing for the next European market. At this stage, this market is mostly to adjust the callback market.
2. European market trading hours: 14: 00 to 20:30.
On the eve of the opening of the European market (before 15: 30), the volume of transactions and funds will gradually increase, which will be accompanied by the publication of some data that have an impact on European currencies. This period is basically the best and first time to enter the market every day.
After 15: 30, Europe started trading at 20: 00, and the amount of funds and attention increased. This period of time is the real beginning of the daily foreign exchange market. 20:00-20:30, lunch break in Europe, early trading in the United States, flat trading, mostly for the callback of the last wave of market, is the second opportunity to enter the market.
3. American market trading hours: 20: 30 pm to 5:00 am the next day.
20: 00-24: 00 is the afternoon session of the European plate and the morning session of the American plate! This period is the time when the American market and the European market are trading at the same time, when the capital and attention are the greatest, and when the market fluctuates the most. Usually, domestic traders will pay more attention to this trading period, and it is precisely because this period coincides with domestic leisure time that people can get better trading results.
According to the development characteristics of the gold market in different time periods, it can help investors to make more reasonable investment and trading time periods, so as to obtain more accurate financial planning for gold investment and trading.