How to properly arrange your own time?
Although the spot gold trading time is 24 hours a day, you can trade at any time.
But after all, people have limited energy and cannot tolerate trading 24 hours a day. In this way, we need to allocate transaction time reasonably, focus on daily market fluctuations, and use high-quality steel on the blade.
From 5 to 14 in the morning, the Asian market is usually very light. This is mainly due to the small driving force in the Asian market! Usually, the magnitude of the impact is small and there is no obvious direction. Mainly adjustments and callbacks.
European morning market 14-18 noon. After starting trading in Europe, funds will increase, during this period, some influential data about Europe will also be released! During this period, if the price is right, you can make the appropriate purchase (including the period of maximum amount and the number of participants).
During this period of time, it will operate exactly in the direction of the day, so it is necessary to judge the market based on the overall trend. This time period is a good time to buy and ship.
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18-20 pm is the lunch break in Europe, and it is early morning in the US market, which is relatively easy! This time is the European lunch break, and the eve of waiting for the US to open its market. This period should wait and see.
The afternoon market in the European market and the morning market in the US market are from 20 to 24!
After 24 in the morning, it was the afternoon in the United States. Usually, a larger market has emerged at this time. This time period is mainly used for the technical adjustment of the previous market, it is recommended that you wait and see.
Many investors place orders at 15-18 pm to enter the market and set stops. From then on, they do not have to stare at 17:00, 17: 30-18: 00, 20: 15-21: 00, and then stare every 20-30 minutes and watch every minute.
Of course, investors who cannot keep up with the afternoon will have to wait until the evening to trade, preferably at 20:30, this half is the time when the second market starts, that is, after the European market. The noon break ends and the US market opens.
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