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The optimal time to trade the forex foreign exchange market is when it's at its most active levels. That's when trading spreads the differences between bid prices and ask prices tend to narrow. In those situations, less money goes to the market makers facilitating currency trades, which leaves more money for the traders to pocket personally. Forex traders need to commit their hours to memory, with particular attention paid to the hours when two exchanges overlap. When more than one exchange is open at the same time, this increases trading volume and adds volatility—the extent and rate at which forex market schedule or currency prices change. The volatility can benefit forex traders. This may seem paradoxical.

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Forex trading robots

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A forex trading robot is an automated software program that helps traders determine whether to buy or sell a currency pair at a given point in time. Trading bots are computer programs that identify patterns and automatically conduct trades by using different indicators (they auto-trade). Top Forex Robots · 1. GPS Forex Robot · 2. pip Climber System · 3. Coinrule · 4. Forex Gump · 5. ForexVPS · 6. Centobot · 7. Forex Trendy · 8. EA.