Which time is best for Forex trading?
The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities. The Sydney/Tokyo markets overlap (2 a.m. to 4 a.m.) is not as volatile as the U.S./London overlap, but it still offers opportunities.
Can I go to jail for Forex trading in India?
If someone is found trading Forex instruments on the forex market by the Reserve Bank of India’s representatives, he/she is immediately charged with violation of the law. Hence it is legally a crime to involve in Forex trading and the charges of the crime are imprisonment in a jail in this country.
What is the trading time in India for Forex?
Trading time in India is connected with brokers’ time, which traders use. Traders need to see when their broker will close trading on Friday evening or open on a Monday morning. Forex market hours in India currency trading time (India exchange market) is from 9:00 A.M. till 5:00 P.M. IST.
When is the best time to trade Forex?
The best time to trade forex is when two trading sessions overlap. The market undergoes higher liquidity during the overlapping hours due to the presence of more participants. Traditionally, the forex market is segregated into three sessions depending upon the peak activity levels, including the European, Asian, and North American sessions.
What are the market timings of the forex market?
Market timings will be for 24 hours as per gmt but as per India 6.30 PM to 3.30 am. In India the forex market timings are from 9 am ist to 5 pm ist. Market timings will be for 24 hours as per gmt but as per India 6.30 PM to 3.30 am.
Is it legal to trade Forex in India?
Trading forex at an exchange outside India is illegal. There the time to trade in India in forex is 9 am to 5 pm ( nse cds trading time). Is trading Forex really worth it?