The much awaited currency trading software, Ivy Bot is finally here. I searched on internet about Ivy Bot and found that most of the reviews were fake except this Ivy Bot review which seems unbiased. Why do I think most of the other Ivy bot reviews are fake? Because Ivy Bot is going to be launched on 28th of this month and many guys have already made in dept fake reviews as if they have used the product.
During recent times there were lot of currency trading robots released in the market. This mainly due to the huge success of FAP Turbo. Of course there are other popular forex trading robots like Forex Megadroid which many people like it. However FAP turbo is rated as the best forex software by most of the foreign exchange traders who use automated currency trading robots. This means whenever a new currency trading software is released naturally it will be compared against FAP Turbo. Ivy Bot is not exception.
From what I have learned so far, Ivy Bot works very much like FAP. But what really makes Ivbot different from numerous other software is that, Ivy Bot gives you currency pair specific robots. Not just one but four Ivy Bot robots. So if you are trading in US Dollar, Japanese Yen pair (USD/JPY) you have an Iv Bot custom made for that. Similarly you have particular robot for USD/CHF and EUR/USD pairs. From July 28th, 9am EST you can download the Ivy Bot by clicking the download button below.
If you want to know more about Ivy Bot forex trading software I suggest you to check out Ivybot Review and Results here.
So which is the best day to trade currency? I just found this nice useful article about best forex times. I thought I will write the key points in that article here.
Unlike share trading, the currency trading market is open 24 hours a day during the 5 days in a week. But this doesn’t imply that the currency trading market is getting the same number of business or price movements throughout these days. There is much more activity on the currency trading markets at specific times of a day and generally speaking, the best times to trade are when the trades are busiest. We could trade 24 hours a day, 5 days a week without waiting for the right time if you use a software likeForex Derivative or a forex trading EA like Forex Megadroid. However remember that a proven manual trading system like Forex Confidante can always work better.
The two leading trading floors for currency trading are London and the New York markets. Even though the United Kingdom does not use the euro, most European countries are within one hour time difference from the United Kingdom, as is Switzerland. United States time zones also comprise Canadian. So between the US and UK sessions cover the largest part of the key currencies that are traded.
The United Kingdom session starts at 8.00 UTC and finishes at 16.00 UTC. The foreign exchanges that are primarily active during this session are the euro (EUR), British pound (GBP) and US dollar (USD) which is involved in the majority of Fx trades.
The US session starts at 13.00 UTC (8.00 EST) and ends at 22.00 UTC (17.00 EST). The most traded currencies during this Fx market are USD, EUR, GBP, AUD (Australian dollar), JPY (Japanese yen) and CAD (Canadian dollar).
The peak trading hours, as you can see, is for the period of three hours when these 2 Fx markets overlap and the trades are open in both London and US. This phase runs from 13.00 to 16.00 UTC (8.00 to 11.00 EST).
Recommended Currency Trading Systems
Now that you have learnt the best time for currency trading let’s see the top rated currency trading systems and strategies.
Currency Trading Robots
Let’s check out the top rated currency trading robots first.
Higly accurate currency trading signals delivered to you instantly.
If you are a person who like to let the orders run over a number of days it might not make so much difference to learn about the peak times on the forex markets. But if you are active in day forex trading where you might open and close a trade within a few minutes, you will find majority of the opportunities coming up during the above mentioned hours.
If you are involved in a cross rate, i.e. a currency pairs that do not consist the US dollar, you will have another time frame when the forex centers in the two countries are live for business.
Imagine if you are forex trading in AUD/JPY you will find that trading was most active during the Asian session. The Japan and Aussie business hours are pretty close and on a day when activity was expected you might find some best trades during the overlap. But, So the best session for most currency traders is during that three hour window in the morning in the United States and the afternoon in England and Europe, when the currency trading markets are live on both sides of the Atlantic. Trading can be crazy during those hours, there is high liquidity and the currencies are volatile. Many of the important financial news is released during this time too, particularly toward the starting. So these hours are the best currency trading times if you want to make quick profits.
Learn more currency trading and automated forex trading software programs here.
By the way, if you are a currency trader who is also interested stock market then I suggest you to check the Doubling Stocks Review which is a stock trading software.
