Monday, August 3, 2009

Do UK-Based Forex Traders Have It Easy?

Anyone from across the world can open a forex account and start trading forex, but as a trader based in the UK myself, I can speak from experience in saying that us Brits have it easy when it comes to forex trading. Why is this? Well there are two main reasons, as I'm about to explain.The first reason is because traders based in the UK can trade both the opening London session and the opening New York session during the day. These are both profitable times to trade the forex markets and they both occur during convenient times. For US-based traders, for example, if they want to trade the London session as well as the US session, then they need to get up extremely early, in the middle of the night in fact, to trade the London session.

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