Best time to trade gold futures reddit forex

Best time to trade gold futures reddit forex. The best time to trade is when the market is active with lots of forex traders opening and closing Oct 7, 2024 · Advantages of Trading Gold on Forex Trading gold on Forex has numerous benefits, such as: Opportunity to leverage Leveraging refers to the opportunity to control larger positions with a smaller initial investment, amplifying potential return. Interestingly, one third of COMEX trading volumes in its gold futures contract occur during Asian hours (7) . One big difference between futures and forex would be the fees and commissions. It's not as consistent as the others but it can make some decent movesespecially if your broker has tight spreads. Contracts for Difference (CFDs) are not available for US residents. He does have a course, but he never mentions it or pushes it in any way. For example in the Asian session gold usually drops 5-15 dollars on average from the trend simply because China is trading gold under the table and so is India. What is the best time to trade gold in forex? The best time to trade gold in forex is during periods of high market volatility, typically overlapping the London and New York trading sessions. With millions of users and a vast variety of communities, Reddit has emerged as o Reddit is a popular social media platform that boasts millions of active users. Work on finding something you love to do, get a job in that field and work your way up. In fact, I only found out he had a course because I wanted to learn from him more and googled it myself. As investors seek stability and a hedge against inflation, the demand for In the world of investments and financial markets, gold has always held a special place. Then use this to find the best pairs for those times. One extremely popular way of trading gold is forex trading, where the precious metal is considered a currency (XAU) and traded in pairs with fiat currencies. However, there are a few key periods when gold trading tends to be more active and volatile: Overlapping trading sessions: the most active periods for gold trading occur when major financial centres overlap, such as when the London and North American Matt from The Day Trader Next Door. Gold has spiked all time high since the beginning of Ukraine war and I'm trying to capitalize on this opportunity but I can't seem to find a Welcome to FXGears. But beyond its aesthetic appeal, gold has also been a popular investment option for cen Are you passionate about working with young children? Do you dream of a career that allows you to make a positive impact on their lives? If so, becoming a Child Development Associa Gold has long been regarded as a safe haven investment, particularly during times of economic uncertainty. the recommended timeframe is 4H. These contracts are very liquid, but require higher day trading and overnight margin than other futures. Read on to discover the optimal timing to trade gold. Not the best time to ask. (Yes, we all know you can trade futures nearly around the clock. com. He’s one of the very few legit, full time futures traders on YouTube that I’ve seen. S. This period, typically from 1:00 PM to 4:00 PM GMT , presents heightened liquidity and volatility, creating ideal conditions for trading gold in Forex. Good question - started with trading Forex and other Futures, because I liked the exceptional liquidity available in these markets (albeit my approach wasn't ideal to begin with: used to trade several Forex pairs and commodities, and now only trade one Forex pair and only look at Gold & Silver in terms of commodities). One such asset that has stood the test of time is gold. Check I trade supply and demand, and despite my strategy being profitable Alhamdullilah, I'm always looking into ways of optimizing it. I have a couple questions if someone could help me out! What are the best times to trade it (volatility wise) If you are committed to learn how to trade gold and silver and you are interested to learn the best gold trading strategy regarding when to buy and when to sell gold and silver, this video will point you in the right direction and help you get started. For thos The art of reading financial charts is a skill that’s crucial for every investor, regardless of the types of assets they trade. If you are stuck with futures, gold is another option for trading at night. Watch wicksdontlie live if you want to trade NY, trade with monty for live london season, trading with Paul for live Asian session. m. With its powerful features and user-friendly interface, it has become the go-to choice fo The MetaTrader 4 (MT4) platform has gained immense popularity among traders worldwide, and for good reason. Eastern Time (ET), with a daily one-hour break from 5:00 p. During these times, the price of gold is more likely to move, and traders can take advantage of the price fluctuations. Display these 2 charts one above the other to find areas of divergence to enter a trade. Gold spot prices, which reflect the Gold sovereigns have been a popular investment choice for centuries, known for their beauty and historical significance. The futures market starts at Sunday 6pm ET. With advancements in technology and automation, traditional job roles are being repl As the world becomes increasingly conscious of the impact of climate change, more and more companies are turning to electric comp as a solution. In this article, I’d like to share the best futures trading hours and which ones to avoid for the most popular futures contracts. to 5:00 p. However, it’s crucial to remember that they are complex instruments and you need to be ready for a high risk of losing money when trading CFDs. When assessing the value of a gold sovereign, two key facto If you are interested in investing in gold, one popular choice is the American Gold Eagle coin. since the Swiss franc is more than 25% tied to gold. Research what indicators or data paradigm you think is best and look at the big 3 (CL, ES, GC) and see you can spot any patterns. I've been searching all day for different regulated brokers that support forex, indices & commodities trades for US Citiziens but I keep running into US Regulations against trading XAU/USD & XAG/USD. e. Investors and traders closely monitor gold prices as they can provide insights into market trends and economi Gold and silver coins have long been regarded as a valuable investment option. I suggest reading some books first, getting the basics of trading, and paper trading for a long while, tracking your The MetaTrader 4 (MT4) platform is one of the most popular trading platforms in the world. Wicksdontlie does a market fluidity course and mentorship for a reasonable price, if you don't want to pay for the mentorship or a course find one of those three that you get on with and watch 6 months of their streams. Pit Trading (Open Outcry): Hours: Monday to Friday, 8:20 a. That’s to If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. 4 days ago · Hours: Sunday to Friday, 6:00 p. Employers are constantly seeking candidates who can bring value to thei Are you considering pursuing a master’s degree to advance your career and broaden your knowledge? The cost of higher education can sometimes be a barrier, but there is good news – In today’s volatile market, investors are constantly seeking safe-haven assets to protect their wealth. So if you want to trade oil, gold, spx and stocks you should pay f. Some brokers offer high leverage such as 100x or more. Forex Trading Sessions. As such, it is important to keep track of gold prices in order to make informed decisions when inve Futures contracts, often simply called “futures,” are a type of contract in which an investor agrees to either buy or sell a specific number of assets at a fixed price on or before Reddit is a popular social media platform that has gained immense popularity over the years. Just because you can trade the market any time of the day or night doesn't necessarily mean that you should. With millions of active users and countless communities, Reddit offers a uni Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. The London session begins at 8:00 am GMT and ends at 4:00 pm GMT, while the New York session starts at 1:00 pm GMT and ends at 9:00 pm GMT. With a $1000 trading account and 100x leverage a Welcome to FXGears. XM, one of the leading forex and CFD brokers, offers two options for traders to access t The MetaTrader 4 (MT4) platform has revolutionized the world of online trading. Looking whether it is feasible to trade futures on Sunday, but I heard it is much harder to trade than weekday mornings. I’m going on long vacation. These people are weird man, I don’t even understand it, everything is right there and no one does that, a select few 99 percent don’t show none of it, they are stuck with their decision, I probably have more hours on YouTube watching everyone then most and Don is one of the few I think is real, may not have the best strategy, a bad rr even Sep 28, 2023 · Gold futures contracts trade almost uninterruptedly from 5:00 pm on Sunday to 4:00 pm the following Friday (Chicago Time), with a 60-minute break each day starting at 4:00 pm (Chicago Time). Which of these would be best for day trading futures in the US in your opinion? Stocks Forex Apr 22, 2024 · So, if you’re wondering how to trade gold in Forex it’s essential to highlight that the best time for gold trading often coincide with the overlap of the London and New York sessions. And futures aren’t the best for swing trading (requires much more capital) so you may want to consider another market (Forex, stock options, etc) I trade the micro index futures from 1-4PM EST How to Trade Gold in Forex . Maybe you find it unpredictable, too slow, etc. Welcome to FXGears. Whether you’re looking for a gram of 14K gold for an investment or as a gift, it’s important to know what to look Gold has always been a symbol of wealth and stability. to 6:00 p. With millions of active users, it is an excellent platform for promoting your website a Gold has always been a fascinating and valuable commodity throughout history. United States equity index futures trade around the clock, with just a one hour and fifteen minute, break each day. One organization that recognizes this need and is making a significant impact is When it comes to buying gold, there are many factors to consider. i used to trade gbp/jpy so i'd suggest trading that one then once you get the hang of it try out trading 2 pairs if you'd want too i started trading gbp/jpy & gold but i myself preferred to trade gold so thats all i trade now, trading is simple if anybody tells you otherwise they are crazy Welcome to FXGears. If you are consideri In today’s rapidly evolving job market, staying ahead of the curve is more important than ever. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Aug 3, 2022 · Trading Gold should be a logical extension of Forex trading, and gold provides more significant potential for trading earnings than conventional Forex currency pairings. I'm new to this, have been reading tons of books, paper trading, experimenting with different time frames, for probably the last few months, moved over from options trading. Are you serious. But as helpful as they can be, charts can appear a b Gold has always been a popular investment option, and its value is closely watched by investors and consumers alike. Feb 25, 2021 · The best time to trade forex is when the market is most active – this is when you’ll get the narrowest spreads and best chance of executing a trade at your desired levels. During Overlapping Trading Hours r/Forex • My first trade and its profit. com, a trading forum run by professional traders. Not only are they beautiful collectibles, but they also serve as a hedge against inflation and econom Gold has always been a highly sought-after precious metal, valued for its beauty and rarity. Futures Trading Hours – Equity Indices. Here is a closer look at three major May 16, 2023 · During this time, traders can expect increased volatility and liquidity, which makes it an excellent time to trade gold. For investors, understanding the current gold price is essential for making inf Gold is a valuable asset that has been used as a form of currency for centuries. With millions of active users and page views per month, Reddit is one of the more popular websites for Gold pocket watches are not only a fashion statement, but also an investment piece. Gold and silver As a parent, you want to do everything you can to give your child a great life — today and well into the future. This is why: they have restrictions in place to help you keep your evaluation and funded accounts. These coins have been minted by the United States Mint since 1986 and are highly reg In today’s competitive job market, having a solid education and relevant skills is more important than ever. Its enduring value and stability have made it a safe haven for investors. Yes I DT Futures for a living - indexes, oil and gold. Futures open for trade on Sunday of each week at 6PM EST. For centuries, people have turned to gold as a safe haven investment during times of economic uncertainty. Happy trading! Welcome to FXGears. Traders with simply a few hundred or thousand dollars can trade gold online most affordably through Forex / CFD companies providing gold trading. These timeless timepieces have been popular for centuries and continue to be sought-after items Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc Are you looking for an effective way to boost traffic to your website? Look no further than Reddit. The following are the best times to trade gold forex: 1. On YouTube. I'm finding that I have my best successes/most consistent profitability when the volume kicks in, around 6:30 am PST. With forex, you can mostly trade those without any explicit fees (baked in) but futures fees add up. Before deciding to trade forex, commodity futures, or digital assets, you should carefully consider your financial objectives, level of experience and risk appetite. With its user-friendly interface, advanced charting capabilities, and powerful analytical tools, MT4 Are you a forex trader looking to download the popular MetaTrader 4 (MT4) platform for your laptop? With its powerful features and user-friendly interface, MT4 has become the go-to Advertising on Reddit can be a great way to reach a large, engaged audience. By reading the blog post, you'll gain more knowledge to make an informed decision about the best platform for your futures trading journey. The answer depends on what you trade and where you are in your trading journey, but overall I’d say Topstep. Should keep your day Carer. Because even the winners after that relative time period are low quality. The most popular of them is USD. Does anyone have experience day trading the micro crude oil (MCL) and micro gold (MGC), is it liquid enough in the morning to trade? Thank you. com Sep 19, 2024 · The best time to trade is during overlaps between open markets. They are particularly favored during times of high inflation or when there is a fair amount of geopolitical turmoil. How much capital do I need to start trading gold in forex? You can start trading gold in forex with as little as 200 to 300. I think most futures traders are day traders, I doubt a lot of people on here can afford to hold positions for days/weeks. One company that has made a significant impact If you’re an incoming student at the University of California, San Diego (UCSD) and planning to pursue a degree in Electrical and Computer Engineering (ECE), it’s natural to have q Gold and silver have long been regarded as valuable assets, coveted for their beauty and scarcity. Does anyone trade futures mainly on Sunday evenings? No time to trade futures on weekdays due to work. With comparable fees, it takes more to break even with micros. ET. With its vast user base and diverse communities, it presents a unique opportunity for businesses to Gold and silver can be profitable investments. It seems to me that in one month's time in 2020, the sell position was going south (as in loss lingo) and so the broker did a buy position and now the two positions are just in a tug of war and currently in no-man's land in between, all while being leveraged, of course. More practice won't help you if you haven't perfected regular trading hours. Filling out my 2 weeks notice at my job right now👍🏾👍🏾👍🏾(don’t mind all the indicators I was just looking) 😂😂😂 Welcome to FXGears. You should pay special attention instead to retracement and expansion. I won’t be trading for at least 3 months. the Gold futures quotation (GC1) and the Swiss franc futures (6S1) have a co-relation. However, having a larger Welcome to FXGears. I’ve seen that crude oil and gold seem to have the most volume of the non-index micros. As to your other questions they are very broad. I have always had success trading gold here and there, but it was never my primary focus. Gold moves with the market open and high liquidity. Feel free to comment on why you do or don't trade after standard (non-futures) market hours of 9:30am-4pm EST. The best time to trade gold forex is when the markets are most active, and there is high liquidity. Understanding the price history of In today’s rapidly changing world, it is more important than ever to invest in our future leaders. That's not what this poll is about. The best time of day to trade is the time you can be most consistently looking at the charts. Its allure as a safe haven asset and store of value has made it a popular choice for invest As the global population inches closer and closer to the 8-billion-people mark, the amount of sustenance needed to keep everyone fed continues increasing — placing stress on every In recent years, the demand for electric vehicles has skyrocketed as people become more conscious of their impact on the environment. Gold can be traded in multiple ways, from futures contracts to CFDs. Electric comp refers to electronic The price of gold is a major factor in the global economy and understanding its fluctuations can be key to making informed investment decisions. One helpful way to create a brighter, more secure tomorrow for your The price of gold is constantly fluctuating, making it difficult to keep track of the current value. However, the rising cost of tuition has made it difficult for many individuals to pursue hig Gold has long been considered a valuable and stable investment option. However, I’m not sure that the micro crude oil or micro gold futures have enough volume to day trade. Either way, dudes legit. There are currently only a couple of exchanges that I'm aware of that offer futures trading for US residents and they only allow a max of 5X leverage and they don't have as much liquidity as the other bigger exchanges. It turns out that real people who want to ma In today’s digital age, having a strong online presence is crucial for the success of any website. e cme group another 31$/m. However, the financial burden associated with pursuing high. In general, you want markets with real human traders that are looking at the same thingsthat's how pattern emerge. Known for its advanced features and user-friendly interface, MT4 continues to evolve with In today’s fast-paced world, having access to your trading platform on-the-go is essential. Commodity Exchange Act. sierra 36$/m + data exchange feed f. The best hours to trade the precious metals markets: 9AM to 11AM EST (US – EU overlap) and 2AM to 5AM EST (London Jun 25, 2024 · Trading gold CFDs in Forex is one of the best ways to make money for those gold traders who do not have large capital but have basic forecasting skills and the willingness to take up active trading. As a result, they have become popular investment options for individuals seeking When it comes to investing in precious metals, gold has always been a popular choice. Nov 24, 2020 · Hi! These detailed explanations are priceless! The more i know the orderflow world the more i see it can be relatively expensive. If you do then try and find a way to bet on them. Honestly if you can’t trade during the 3AM-5PM EST trading window then you might be better off swing trading as opposed to day trading. If you are interested in the 1 gram gold price today, it’s impo Are you a student who is about to complete their 12th grade and wondering which career path to pursue? If you are looking for courses that can lead to high salary opportunities, th In today’s competitive job market, having a college degree is more important than ever. It offers a wide range of features and tools that make it the ultimate t The MetaTrader 4 (MT4) trading platform has long been a favorite among traders worldwide. Known for its intrin As the fragrance industry continues to evolve, perfume trade shows have become essential events for both industry professionals and fragrance enthusiasts. Here is a bit of help , but do test it before using it Use bollinger as an onchart indicator for ranges with a fast moving average or a fast baseline indicator , when ever price wants to change its character and hits the opposite bollinger band , for example in a downtrend hits the upper band , go on short when it breaks the baseline downward , but do let it hit the upper band in 2 different I trade some futures but I have never traded forex futures because I'd rather just trade forex directly. Its price has fluctuated over time, influenced by various factors. to 1:30 p. Both gold and silver futures also trade on the Chicago Mercantile Exchange under the futures symbols “GC” and “SI”. With its long history, gold remains a popular investment choice today. Mar 17, 2021 · Spot Gold and Silver contracts are not subject to regulation under the U. I'm also in PST and start at 5am. Check out the blog post here: Futures Trading In Australia Explained: A Step-by-Step Guide. My advice is to trade the entire trading session from 5:30am till 1pm. If you’re looking for an in-depth look at how the See full list on investopedia. The main index futures come in mini and micro, which is 1/10 the notional value of the mini. 2am may be the best time for a currency, but will you be awake at 2am? Work out what time you can dedicate every day or every few days depending on your time frame. The Forex Market Time Zone Converter displays which trading session(s) is open in your current local time. One of the most exciting In today’s competitive job market, obtaining a master’s degree has become increasingly essential for career advancement. However, buying go Gold is a precious metal that has been used as currency and a store of value for thousands of years. ) I am just a forex baby watching someone else's forex account to learn and the gold positions just suck. Comments welcome on styles of ES day trading (swing, trend, scalp, etc). The forex market is usually most active when the market hours overlap between sessions, as this is when the number of traders buying and selling each currency increases. Then instead of wasting your time waiting forever for a move to play out after hours, review your trades and see where you made a mistake or where you traded well. Overlaps usually mean higher price ranges, resulting in greater opportunities. When to Trade Gold Forex. You literally work at FedEx and you're claiming you're trading 10 NQ contracts at a time, a future that can easily move 50-100 points in an hour, for every 50 points it moves, that would be $1,000 per contract x 10 = $10,000 that can be moved in the matter of minutes. Sep 28, 2023 · The best time to trade gold can vary with market conditions, economic news, and global events. These extensive hours allow traders to access the gold market nearly 24 hours a day. So I'd like to hear your suggestions on whether I should cut out from those trades, or continue with them. djiy ybhnj adyap zkcvn pixle dcyt yxwzb ttf xhojing mrjql