Regarding Forex Exchange Market I am going to reveal to you some secrets:

From all trading positions, generally the european position offers most currency rises and falls. Speaking about its value USD/CHF pair reacts highest, followed by GBP/USD, EUR/USD and USD/JPY. The US position has smaller fluctuations than European positions, but though significant, in the same order of the pairs. What I want to say is that Asian position has the smallest volatility, but technically speaking the values are relatively close to the fluctuations in US session; the order of pairs volatily is that from the positions shown above.

Tuesday and Wednesday are best days from the week for Forex Trading, followed by Monday and Thursday. Tuesday days have the highest volatility, and the next days are Wednesday ones. Like pairs USD/CHF is modifiying around 162 pips on Tuesday, comparatively to GBP/USD - 128 pips, USD/JPY - 104 pips, EUR/USD - 102 pips. Sunday is the least indicated day for Forex Trading.

During a month the days with the highest volatility are: 2-6, 11-13, 19-24, 30-31, and the order of pairs depending on fluctuation level is: USD/CHF, GBP/USD, USD/JPY, EUR/USD.

During the year, winter months (november - march) are the most indicated ones for trading and forex exchange.

Also, there are 2 types of analysis (3 says other people).. I can tell you what I have learnt till now… but it would be good if the ones that have deposited thousands of $ (money) in their Forex Accounts to offer some information about how to make more money (higher than invested fund) and eventually what system do they use for money transfer..

Posted: March 5th, 2008 under Guides.
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