trading forex on the IQ Option platform. So if the current AUD/JPY is 78.62550, your goal is to predict whether this value is going to increase or decrease over a specific amount of time. Note 78.62550 simply means that you can buy 1 AUD for 78.62550 JPY. If you believe that the value will increase, you'll simply place a “buy” trade on IQ How to use the Forex in IQ Option? On the IQ Option website, it is easy to trade forex using CFD (contracts for difference). We simply have to mark the category and mark the chosen currency pair. Once the chosen pair of coins is marked, the graph of the currency pair with the real time valuation will be displayed. From there we only have to select the amount to invest and the direction of the Lesson 1: The Best Times to Trade Binary Options. Welcome to our new series on binary options trading for beginners, where we will take you by the hand and show you a systematic way to trade binary options.Today we will touch on the best times to trade binary options. Binary options’ trading involves trading several assets and making money based on the outcome of the price direction. IQ Option Review. As said IQ Option is a great broker. Non-Australian traders can check it out here. Australian traders may be able to open a free demo account. Real money accounts are not available for Australian traders. The VIP account is for the high rollers out there who want to take some risks and trade for high returns. While some markets are open 24 hours, they aren’t open all week; even the Forex market shuts down over the weekend, and markets also take holidays. If you trade over a weekend or holiday you’re going to be faced with slippage and unpredictability when the market comes back into session. Great way to lose money! This is a bad time to trade. Best Time to Trade AUD/USD. The high volume and large daily moves are evident during the Australian working hours and on the active United States trading hours. Therefore, for the highest volatility, one should pay attention to day-trading between 00:00 and 02:00 GMT. The other ideal time to trade the currency pair is between 06:00 and 08:00 GMT. The Aussie dollar has growing global importance, and is correlated to both the Chinese economy and oil prices. Australian traders looking to learn how to trade forex have come to the right place. Here we explain how to find the best broker, the time zones that impact Aussie traders, currency pairs, strategy and how to stay safe from scams. Learn about the foreign exchange market. Then, use the IQ Option free demo account to trade on the forex market. Over time you will learn the rules of forex trading and you will be able to invest real money in the IQ Option live account. Check the economic calendar to be up-to-date with the latest news releases. Use this information in your favour.
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