Forex Trading 2: Part 2: The Relevance of Time / Forex Trading Bd.2 (ePub)

Forex Trading Part 2: The Relevance of Time In the first book of this series on Forex Trading, the time and price strategy was introduced. The second book will be a follow up and its main aim is to breakdown the concept of time in the easiest and most understandable way possible. This book will include examples of each facet of time as discussed in the first book. This will give the reader a better understanding of the Time and Price strategy. Not every time is suitable for trading just because the market is open; the market has an opening time and a closing time. Especially in the foreign exchange market where the market runs for 24 hour a day 5 1/2 days a week it is important to know when to be in and when to be out. If you understand the concept of time in trading it will be a huge improvement to your daily trading. You will understand why the big players enter at a specific moment in the market and when they stay out. Contents Chapter 1: The Day of the week is important What to expect on Monday What to expect on Tuesday What to expect on Wednesday What to expect on Thursday What to expect on Friday Chapter 2: The Trading Sessions Asian Session London Session New York Session London Close Session New York Close Session Chapter 3: Examples of Trades Taken using the Concept of Time On the Relevance of time in trading