Time plays an essential role in the success of trading. If you are trading in currency pairs on the IQ option, you should select an appropriate time. This is because the value of currencies in the market varies with time. There are mainly four major markets that are NEW York, London, Tokyo, and Sydney.
All these markets open at different time zones. Generally, the trading IQ option in Spain opens in the morning. Depending upon your time zone, you can do trading in any of the markets. If you want to benefit from time, try to place the trade in the opening time. Or wait for the market to be highly volatile.
In this, you can easily predict the rates of commodities. If you prefer to have long trades, then watch the performance of currency in the market. After proper analysis, place the trade at the right time.
However, all the main markets open at 9 ‘O’ clock in the morning. The great thing about time is that the closing time of one market is another market’s opening time. Thus, it allows 24 hours of trading in various markets. As a potential trader, you will know that this will provide better opportunities to win the profit. Moving further, let’s discuss more at the time of placing a trade.
Best time to place the trade in IQ option
Every trader has its own preferred time to place the trade. Someplace in the morning, whether some like to have it in the evening, some traders also love to place the trade late at night. Different currencies have different values at other times. According to proper analysis, you should decide when to place the trade. Want to know more about trade in IQ option? you can visit https://www.invertiry.com/resena-de-iq-option-es-un-broker-de-estafa-o-legitimo
- Asian region – In the Asian region, pacing the trade between 1 AM to 10 AM is considered as best. At this time, the stock exchange of Singapore, Hong Kong, and Tokyo is active. IQ option also suggests your best time to do trade in various time zones.
- During this time period, the number of active traders goes up and thus increases currency rates. This time session is more volatile than in the opening time.
- American region – This region contains one of the most volatile and aggressive markets. Usually, I prefer to place trade between 1 PM to 10 PM. This is because of the high demand for commodities at this time period.
- In this market, traders pay more attention to the news and new announcements. This is done to predict the rate of various commodities. Potential traders actively trade USD during this time.
Lastly, trading is the game of time. Without selecting the right time for the trade, no trader can earn the profit. So, you should need to do a proper analysis of traded commodities with respect to the time. Mainly, the trading IQ option in Spain is done in the morning. This is because of the highly volatile environment of the market. That offers a good profit in small investments.