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| Area of high probability |
Description
Forex is a 24-hour market but not all hours trade the same. The power of PowerStat's Pip Movement Ranges by Hour of the Day is that you now have access to the six month average of the hourly price ranges at your fingertips.
Each hour has a correlation to the financial centers around the world. Knowing when you are likely to see volatility in a specific pair, when a pair consolidates due to lack of participation, and which time are the best to trade any pair, gives you a look into the psychology and flow of each pair.
Fundamental and Technical traders alike rely on understanding the range of the markets at particular times of the day. The main financial centers of the world all have their unique impact on trading hours. In order to the get the most from PowerStat's Price Movement Range by Hour of Day be sure to incorporate the timing of your trading with active trading hours.