What are the best times to trade digital currencies during the London session in EST?
Ebner RivasDec 26, 2021 · 3 years ago3 answers
During the London session, which is the most active trading session for digital currencies, what are the optimal times to trade in Eastern Standard Time (EST)?
3 answers
- Dec 26, 2021 · 3 years agoThe best times to trade digital currencies during the London session in EST are typically between 3:00 AM and 11:00 AM EST. This is when the London session overlaps with the New York session, creating high trading volume and increased liquidity. During this time, you can expect higher price volatility and potentially more trading opportunities. It's important to note that individual currency pairs may have their own peak trading hours, so it's recommended to research and monitor specific pairs for optimal trading times.
- Dec 26, 2021 · 3 years agoIf you're looking to trade digital currencies during the London session in EST, the most favorable times are usually between 8:00 AM and 10:00 AM EST. This is when the London session is in full swing, and there is a higher likelihood of significant price movements. However, it's important to keep in mind that market conditions can vary, and it's always a good idea to stay updated with the latest news and market analysis to make informed trading decisions.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, a leading digital currency exchange, the best times to trade during the London session in EST are typically between 4:00 AM and 9:00 AM EST. This is when the market is most active and offers the greatest potential for profit. During these hours, traders can take advantage of increased liquidity and tighter spreads. However, it's important to note that market conditions can change rapidly, so it's crucial to stay informed and adapt your trading strategy accordingly.
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