NEws about Daupadri (mithology )

The amount of resources traded in the Asian market sessions are comparatively very low so the average pip movements are too low to cover the high spreads of the Asian currencies.End of December

This is the time when a lot institutional and Bank employees take holidays thus the volume of commercial transactions can fall during this time.

Prime time TV shows

World championships in Football, NBA or Superbowl finals, The X-Factor, etc. often create the same effects as holidays, so a TV program can also be a useful tool of a trader. And these events normally are not planned in the economic calendars.

When angry or frustrated

A golden rule that is fully understood only by seasoned traders is to avoid opening or closing positions during emotional moments – both happy and vindictive. Currency business is not for emotional decisions. Too many deals turn into losses when a trader thinks he is on a “wave” after a successful trade. The same applies to loosing – many become aggressive and thus make rash actions. The mind must be completely calm as you are trading.

Overnights

Many brokers charge extra fees for leaving the positions open during the nights (called overnights), so you must check if they are appropriate for you before opening a longer position.

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