Best Time For Entry
Market conditions are unpredictable. Therefore, traders need to pay attention to the character and habits of market movements. At certain times the market will be stable and that's the right time for entry. Entry is very important and determines the final result in forex trading. When a trader enters an entry position with precision this will determine the trader's trading results in the long term. With the right entry, it will form a good risk/reward. Many traders think that entry is an easy thing to do and do not look for the best possible entry to obtain optimal trading results.
Best Time For Entry
Forex has fifteen independent exchanges worldwide, open weekly from Monday to Friday – each with unique trading hours. However from a trading perspective, the four most important times or hours are as follows (the times shown represent EST Time): EST stands for Eastern Standard Time. And WIB is GMT+7 for Jakarta, Indonesia time is 11 hours ahead or ahead of EST. This is the best time for entry:
Asia 04.00-12.00 WIB
Europe 14.00 - 22.00 WIB
America 19.00-03.00 WIB
In addition to the reason for the entry, we also have to record the time of entry that we do. This entry time can be taken into consideration when is the best time to enter and of course we can get a profit that is on target. Not only entry, it is also necessary to record in what time frame we make transactions.
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