Know when you can trade online
For binary options traders that like to invest in stocks and indices, this means to significantly change their trading routine. They might have to get up in the middle of the night or at least trade during different times than during the week. If this is impossible or not worth it to you, you should focus your stock and index trading on weekdays. Some binary options brokers close their trading platforms over the weekend. If your broker is closed on the weekend, there is nothing you can do aside from switching brokers.
If weekend trading is that important to you, check our broker list for a few good tips. Some brokers will simply reflect the opening ours of the markets in question — the majority will stay open when the forex markets do for example. Tools such as Metatrader 4 MT4 will operate either on past data, or live data, but only when the market is open. The market environment is different during weekend trading than during the work week. While this does not mean that you need entirely new strategies, you have to understand the unique characteristics of the market and match them with the right trading strategies.
Trading Closing gaps requires a market environment that is ideal for the weekend. By trading exhaustion gaps in currencies over the weekend, you get the best kind of environment for this type of strategy throughout the entire week. Weekend gap trading on forex is a popular system. Gaps are price jumps. From one period to the next, something strongly moved the market, which caused the price to jump from one price level to a higher or lower level while omitting the prices in between.
Binary Options Trading Market Hours & Schedules –
Gaps occur for a number of reasons. For example, they can be the result of beginning new movements or accelerating movements. But these gaps require a high trading volume. To start or accelerate movements, many traders have to support the change. Otherwise, it will quickly run out of energy. On the weekend, there are simply too few traders around for these types of gaps.
On the weekend, the big Western bankers are at home. Most day traders are out with their families, and small investors take a break.
Without these major players, the start of new movements is improbable. You are more likely to see closing gaps. Gaps close when only a few traders created them. Sometimes, a few people invest in the same direction, either by coincidence or because they all got caught up in the same indication. The market jumps up or down, and the rest of the traders are puzzled. They consider the advancement to be a mistake, believing that the new price is too high or too low, depending on the direction of the gap.
These traders will immediately invest in the opposite direction, trying to profit from the mistake.
When you find gaps in low-volume market environments, there is a high chance that they will close. The weekend is a low-volume trading environment, which makes it the perfect time to trade this strategy. Choose an option with a target price inside the gap and an expiry shorter than one period. We recommend using this strategy with currencies or commodities. With most of the world on break, you know that the trading volume of these asset types is lower on the weekend than during the week.
The Middle East stock market, on the other hand, could still experience a high volume because the traders in these countries are still at work. Therefore, the Western weekend has less of an effect on the trading volume. This strategy uses a similar philosophy as the first one but adapts it to different market phenomenon — the breakout and the pullback.
There is not a pm or pm expiration on Friday. There is not a pm expiration on Sunday. The Intraday contracts begin trading at pm ET Sunday with the first expiration at pm ET, and the final intraday expiration at pm ET the following day through Friday. On Friday there is not a pm intraday expiration.
Daily expirations are at pm PM, 11 pm , 3 am, 7 am and pm ET. The Intraday contracts begin trading at am ET on Monda,y with the first expiration at am ET and the final intraday expiration at pm ET the following day through Friday. To see examples of trading on Nadex binaries and spreads, see these articles posted on Benzinga, click here. To learn more about how to trade binary options and for indepth binary trading strategies, tools and trade rooms see ApexInvesting.
Benzinga does not provide investment advice. All rights reserved. Thank you for subscribing! If you have any questions feel free to call us at ZING or email us at vipaccounts benzinga.
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But there is the best trading time for you. You have to figure out what kind of trader you are. Maybe you prefer working in the morning, or maybe in the late afternoon.
Binary Options Day Trading in Germany 2021
Maybe you are kind of a night person. You need to match your preferences with the markets opening times. Below I suggest what currency pairs are best to trade in which trading sessions. The volatility in the markets changes as the day passes. Below you will find 10 diagrams which represent volatility during the 24 hours of a day for different currency pairs. Choosing the best trading time is an individual matter.
What Are Binary Options?
There are a few things to remember though. First, the market has to be open at the time you wish to trade a particular currency pair. Then, you need to decide whether you prefer highly volatile markets or these with average volatility. Bear in mind that important news releases influence the volatility of the markets.
That is why you should always follow the economic calendar. IQ Option offers a free demo account. You can use it to try various trading time frames and different currency pairs. With time you will get to the ones that suit you best.