2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
In the banks of Asia, America and Europe, a trader's working day starts at 7:30 am. About half an hour is spent on analyzing the latest events, the previous trading session. Traders read the press and economic reviews, analyze the impact of fresh fundamental and technical indicators. Also, speculators collect rumors from colleagues from other companies, discuss the forecasts of various analysts and exchange information among themselves. During this period of the working day, traders try to predict all possible changes in exchange rates. At 8:00, the first transactions are actively concluded. By the same time, independent speculators also decide on their tactics and begin to open positions. This gives the exchange rates a strong boost. Forex trading goes around the clock, so depending on the specific time, you can observe the activity of the markets on different continents.
Far East
The working day of a trader from the Far East starts at night and ends at lunchtime (in Moscow). Tokyo is active until noon, and Singapore - until lunch. Rate fluctuations are insignificant and, as a rule, do not exceed 50 points. Most trading is in the Australian dollar and yen.
Europe
For Russian speculatorsthe European market is closer, since in Zurich, Frankfurt am Main, Luxembourg and Paris, the trader's working day starts at 9:00. But the really active movements begin at 10:00, after connecting to the London Stock Exchange. Revival lasts approximately 2-3 hours. Then lunch time comes, and fluctuations subside to 10-20 points. Such a market is called "dead". Depending on the situation, he can also become "brisk". Then fluctuations can reach as much as 100 points. Any international trader has probably seen similar price movements.
North America
At about 16:00 Moscow time European dealers start active work. Speculators from the USA are connected to them, because the working day of a trader from America starts just at this time. Since the forces of European and American speculators are approximately the same, fluctuations usually do not go beyond the movements of the European session. Nevertheless, the opening of the New York Stock Exchange is very significant for dealers, because at 19:00 Moscow time European banks will close, and the Americans will be left alone on the “thin” market. This is fraught with strong fluctuations in exchange rates, since the main currencies are linked to the US dollar. Volatility can be 400-500 points. In such a market, only those speculators will “survive” for whom Forex trading is not a game, but a profession. A trader will be able to earn on such a movement only with a cool head and a clear trading system.
Russian market
And in conclusion, let's talk a little aboutRussian foreign exchange market. It is fundamentally different from the world. First of all, the conversion operations of the ruble / dollar, which can take place during the day. Transactions are made at two rates: today's (tod) and tomorrow's (tom). The first are before lunch, and the second - after. It should be noted that transactions at the ruble/dollar exchange rate matter only for Russia and have practically no effect on the global market.
Recommended:
Working at Kari: employee reviews, working conditions, wages
Finding a job today is very easy, especially in metropolitan areas. Everywhere there are various shopping centers and individual stores that need employees every day. But is everything so good, why such a high staff turnover? Sometimes staff leave just because they have found a job by education, but most often they do not like the place in which they work. In order not to be disappointed in yet another institution, it is better to read the reviews of employees about working at Kari. This is a regular chain of shoe stores
Operating day - part of the working day of a banking institution. Bank working hours
A transaction day is an accounting transaction cycle for the corresponding calendar date, during which all transactions are processed. They should be reflected in off-balance sheet and balance sheet accounts through the preparation of a daily balance sheet
Photo of the working day - a universal tool NOT
Objective information about the workload of staff is a necessary condition for the effective use of labor resources, one of the methods for obtaining it is a photograph of a working day
Accounting for working hours in the summary accounting. Summarized accounting of the working time of drivers with a shift schedule. Overtime hours with summarized accounting of working time
The Labor Code provides for work with a summarized accounting of working hours. In practice, not all enterprises use this assumption. As a rule, this is due to certain difficulties in the calculation
Trader - who is it? Trader's Exchange
The profession of a trader has recently been actively gaining wide popularity. For this reason, it can be considered a speci alty of the XXI century. The presence of a computer, constant access to the Internet and a small amount of capital - all that a trader should have. Who is this and what risks does the profession carry - let's try to figure it out in this article
