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TagsWhat is the best time to trade digital currencies in the London futures market?
Cecile DekkerDec 16, 2021 · 3 years ago3 answersWhen is the most favorable time to engage in digital currency trading in the London futures market? I am looking for the optimal timing to maximize my trading opportunities and potential profits. Are there specific hours or periods during the day when the market is more active or volatile? How can I take advantage of these trends to make informed trading decisions?
3 answers
- The best time to trade digital currencies in the London futures market is during the overlap of the London and New York trading sessions. This is when both markets are open and there is increased liquidity and trading volume. The London session starts at 8:00 AM GMT and overlaps with the New York session, which begins at 1:00 PM GMT. During this time, there is usually higher market activity and volatility, providing more opportunities for traders. It's important to note that market conditions can vary, so it's essential to stay updated with the latest news and market analysis to make informed trading decisions.Dec 16, 2021 · 3 years ago
- If you prefer a more relaxed trading environment, you may consider trading digital currencies in the London futures market during the Asian session. The Asian session starts at 12:00 AM GMT and overlaps with the end of the London session. While the market may be less active during this time, there can still be trading opportunities, especially if there are significant news events or developments in the digital currency market. It's important to assess market conditions and adjust your trading strategy accordingly.Dec 16, 2021 · 3 years ago
- According to BYDFi, a digital currency exchange, the best time to trade digital currencies in the London futures market is during the European session, which starts at 8:00 AM GMT. This is when the market is most active, and there is higher liquidity and trading volume. Traders can take advantage of the increased market activity to execute their trades more efficiently. However, it's important to note that market conditions can change, and it's crucial to stay updated with the latest market trends and news to make informed trading decisions.Dec 16, 2021 · 3 years ago
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