Question -

Best time to trade commodities?

8 Views
Ryan Childers
Answered 2 years, 11 months ago
<p id="isPasted">According to the way you view trading, there is no best time to trade any commodity.</p><p>The only time to trade is when your trading strategy dictates it. If you are using technical analysis, you will spot a high probability trading signal at this time.</p><p>When you trade will also depend on what timeframe you choose for the chart. Trading during the opening or closing of the day will be determined by the daily timeframe. Check the chart every 4 hours to see if there is a signal to trade based on the 4 Hour timeframe.</p><p>Basically, the best time …</p>
7 Views
Thomas Lamar
Answered 2 years, 5 months ago
<p id="isPasted">The best time to trade commodities in the market will depend on the specific commodity being traded and its respective market hours. Commodity trading hours typically vary based on the exchange on which they are traded. Here are some general tips to keep in mind:</p><p>Understand the market hours: It is important to know the trading hours of the commodity exchange you are trading on. Each commodity has its own trading hours, and some are traded 24 hours a day while others have specific trading hours.</p><p>Consider market open and close times: The opening and closing times of the commodity …</p>
6 Views
Kenneth Scott
Answered 2 years, 3 months ago
<p id="isPasted">The best time to trade commodities can vary depending on the specific commodity being traded and other market factors. Some traders prefer to trade during periods of high volatility, while others may prefer to trade during more stable market conditions.</p><p>One important factor to consider is the market hours for the specific commodity being traded. Different commodities have different market hours, and it's important to understand the hours for the specific commodity you plan to trade. For example, the New York Mercantile Exchange (NYMEX) for crude oil futures is open from Sunday evening through Friday afternoon.</p><p>Another factor to consider …</p>
5 Views
Charles Groth
Answered 2 years, 3 months ago
<p>The optimal timing for trading commodities depends on the specific commodity being traded. Each commodity market has its own unique trading hours and periods of heightened activity. For energy commodities like crude oil and natural gas, the most active trading hours typically occur when the New York Mercantile Exchange (NYMEX) and the London Metal Exchange (LME) overlap, which is between 8:00 a.m. and 12:00 p.m. Eastern Time. Precious metals such as gold and silver are traded globally around the clock, but the highest trading volume is often observed during the overlap between the London Bullion Market Association (LBMA) and the …</p>
3 Views
Thomas Ball
Answered 2 years ago
<p id="isPasted">Traders have a tendency to pick time periods in light of their exchanging methodology, objectives/targets, range of abilities, time impediments, and risk intake. A great deal likewise relies upon the personality of the respective trader.</p><p>A few dealers likewise have a tendency to break down various time spans, decide the essential pattern, optional pattern, and here and now pattern, and after that take a position in view of their technique.</p><p>If you want to generate good returns on your investment by trading commodities, a more suitable option. There are many advisory companies such as 100 MCXTips, and Bazaar Trading. I …</p>
2 Views