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The best time to look for entries in the market?

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  • The best time to look for entries in the market?

    I mostly trade with EURUSD using the London time to look for entries but want to trade with GBPUSD as well and would like to know which time is the best to look for entries in the market?

  • #2
    Hi Alfrid, the ideal time for any currency pair is 800 to 1000 or 1200 to 1500 GMT, and for GBPUSD I suggest trading between 0600 and 1600 GMT.

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    • #3
      it depends on your strategy, 5:00 GMT to 17:00 GMT is good

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      • #4
        6:00 (GMT+1) in my view, it depends on your strategy though

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        • #5
          I think 5:00 GMT to 18:00 GMT is best to look for entries in the market. I always complete my workaround at 17:00 GMT and enter the market. Currently, I am writing my new essay with the help of the https://writinguniverse.com/how-to-w...-for-an-essay/ link so I have no time to go to the market. But I always use the 18:00 GMT.

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          • #6
            the strategy you employ also matters a lot

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            • #7
              volatile periods for a day trader and anytime for a swing trader

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              • #8
                I think that everything is quite intuitive here. One can state that the best time to enter the market is as soon as the market opens, others claim that it doesn't really matter and if you have a proper strategy then you can enter the market whenever you want. I comply with the second point of view, however I can add that it's better to open a first position according to your strategy. Trader have to understand that strategy must include such details like the time of entry and exiting. So, that's why everything is not onlt intuitive but also individual as far as I can tell.

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                • #9
                  How can a beginner know which is the best time to take for entries in the market, based on the currency pairs?

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                  • #10
                    The best time is the close of every 4 hours candlesticks

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