After having learned the basics of forex currency trading, it is essential that you don’t ignore the technical conditions.
Determining whether the market is over-extended long or over-extended short is a key determinant of near time price action. Spike moves often occur when the market is all one way.
It is necessary for you to learn all the secrets of currency trading basics in order to become a successful trader.
As you already know, forex market is open 24 hours per day. You ask yourself when is the proper time to trade?
When the majority is trading.
Remember that most of the big moves occur around news time. The volume is high and the moves are real; there is no better time to trade fundamentally or technically than when news is released; this is when the real money adjusts their positions and as a result the prices changes reflect serious currency flow.
For more information on forex trading go to this blog: Beginner Currency Trading


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