Trading futures and gold offers flexibility around the clock, as these markets are typically open nearly 24 hours a day from Sunday evening to Friday evening. If you are unable to trade during the morning session, you have several alternative timeframes to consider:
Asian Session: This session typically runs from 6 PM to 3 AM Eastern Time, with key exchanges in Tokyo and Sydney. It’s quieter than the other sessions, but you can still find movement in gold, as well as popular Asian stocks, indices, and commodities.
European Session: The European trading session begins around 3 AM and goes until 11 AM Eastern Time, centered in London. During this session, both futures and gold often experience significant movement due to the overlap with the remaining hours of the Asian session and the opening of the European markets.
U.S. Evening Session: After the regular U.S. market sessions conclude around 4 PM Eastern Time, there’s a quieter period until Asia opens. This is a time when futures markets can still see activity, influenced by after-hours corporate announcements and global economic data releases.
Each session offers different trading opportunities influenced by market events, economic releases, and geographic-specific activities. It’s important to consider these factors and adjust your strategies accordingly. Additionally, trading volume and volatility may vary between sessions, so it’s crucial to employ risk management techniques suitable for the level of liquidity and price movement expected in the chosen timeframe.
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