What is the best time to trade XAUUSD in the EST timezone?
NirupamJan 12, 2022 · 3 years ago3 answers
I am new to trading XAUUSD and I want to know the optimal time to trade this pair in the Eastern Standard Time (EST) timezone. Can you provide me with some insights on when the best time to trade XAUUSD is in the EST timezone?
3 answers
- Jan 12, 2022 · 3 years agoThe best time to trade XAUUSD in the EST timezone is during the overlap of the London and New York sessions, which is from 8:00 AM to 12:00 PM EST. This is when the market is most active and liquidity is high, resulting in better trading opportunities. However, it's important to note that market conditions can vary, so it's always a good idea to monitor the market and use technical analysis to make informed trading decisions.
- Jan 12, 2022 · 3 years agoIn my experience, the best time to trade XAUUSD in the EST timezone is during the early morning hours, around 6:00 AM to 8:00 AM EST. This is when the market is less volatile and there is less noise from other traders. It's a good time to analyze the market and make trading decisions based on technical indicators and price action.
- Jan 12, 2022 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the best time to trade XAUUSD in the EST timezone is during the overlap of the London and New York sessions, which is from 8:00 AM to 12:00 PM EST. This is when the market is most active and liquidity is high, providing traders with more opportunities to enter and exit positions. However, it's important to consider your own trading strategy and risk tolerance before making any trading decisions.
Related Tags
Hot Questions
- 97
How can I buy Bitcoin with a credit card?
- 71
What are the best practices for reporting cryptocurrency on my taxes?
- 42
How does cryptocurrency affect my tax return?
- 39
How can I minimize my tax liability when dealing with cryptocurrencies?
- 17
What are the best digital currencies to invest in right now?
- 16
What is the future of blockchain technology?
- 16
What are the advantages of using cryptocurrency for online transactions?
- 11
Are there any special tax rules for crypto investors?