Best software for trading

merekhial main bhi jaan forex trading karnay kay liay sab say acha meta trade 4 ka he software rahta hay meta trade 4 easy bhe hay aur es ko samjahna aur trading karna aur bhe easy hai mager meta trade 5 thora sa complex software hay aur abhi zeada use main nahe hay

Electronic Communication Network is the name given for trading platforms that automatically match customer’s buy and sell orders at stated prices. These stated prices are gathered from different market makers, banks, and even other traders who use the ECN. Whenever a certain sell or buy order is made, it is matched up to the best bid/ask price out there.

Due to the ability of traders to set their own prices, ECN brokers typically charge a VERY small commission for the trades you take. The combination of tight spreads and small commission usually make transaction costs cheaper on ECN brokers.

Of course, it’s not enough to know the big guys in the biz. As Big Pippin once said, “Trading requires timing.” Do you know WHEN you should trade.

Yes, it is true that the forex market is open 24 hours a day, but that doesn’t mean it’s always active the whole day.
You can make money trading when the market moves up, and you can even make money when the market moves down.

BUT you will have a very difficult time trying to make money when the market doesn’t move at all.
And believe us, there will be times when the market is as still as the victims of Medusa. This lesson will help determine when the best times of the day are to trade.

Before looking at the best times to trade, we must look at what a 24-hour day in the forex world looks rket can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and Pipcrawler’s favorite time to trade, the New York session.

Actual open and close times are based on local business hours. This varies during the months of October and April as some countries shift to/from daylight savings time (DST). The day within each month that a country may shift to/from DST also varies.

You can see that in between each forex trading session, there is a period of time where two sessions are open at the same time. During the summer, from 3:00-4:00 am EDT, the Tokyo session and London session overlap, and during both summer and winter from 8:00 am-12:00 pm ET, the London session and the New York session overlap.

Naturally, these are the busiest times during the trading day because there is more volume when two markets are open at the same time. This makes sense because during those times,

Now, you’re probably looking at the Sydney open and thinking why it shifts two hours. You’d think that Sydney’s open would only move one hour when the U.S. adjusts for standard time, but remember that when the U.S. shifts one hour back, Sydney actually moves forward by one hour (seasons are opposite in Australia).

ays remember this if you ever plan to trade during that time period.
Let’s take a look at the average pip movement of the major currency pairs during each forex trading session.
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From the table, you will see that the European session normally provides the most movement.

Let’s take a more in-depth look at each of the session, as well as those periods when the sessions overlap.

The opening of the Tokyo session at 12:00 AM GMT marks the start of the Asian session. You should take note that the Tokyo session is sometimes referred to as the Asian session because Tokyo is t

This shouldn’t be too surprising since the yen is the third most traded currency, partaking in 16.50% of all forex transactions. Overall, about 21% of all forex transactions take place during this sessio