As a trader, of course you know that the time of forex trading can be anytime in 24 hours, 5 days a week. Traders can determine for themselves whether to trade in the morning, afternoon or evening. However, do you know of any dangerous moments for forex trading?
The dangerous trading time is when there is news that is hight Impact.
when our emotional and psychological conditions peak and have begun to be out of control, that's the condition in our trading environment is not safe and dangerous, that's where we should rest and stop trading first.
One of the dangerous times of forex trading is the closing time of the market on Friday because the open position is done too close to the market closing time, potentially floating until Monday, past the holiday weekend.
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