The Commodity Trading Morning Trades are The Most Profitable Commodity Trades in Trading
The commodity trading morning trades are the most profitable commodities trades when it comes to trading the commodities trading market.
When it comes to the commodity trading the most active commodity trading times are during the times when banks in Europe are open (London commodity trading time) and the time when the USA commodity trading banks are open (New York commodity trading Time). But for most businesses around the globe most of their trading activities is carried out early in the morning, very few trades are carried out by global companies in afternoon.
This is the observation that is has been made by most traders who regularly trade the commodities trading market. Trader will observe that at London market open the commodities trading market will move quite a number of pips steadily for few hours, then after these hours the commodities trading market will begin to retrace or consolidate. Then comes the New York Morning time and during the first few hours the commodities trading market will then move quite a significant number of pips & then after these hours the commodities trading market will then start to consolidate or retrace most times until the morning time of London market.
Generally these 2 times are when 70-80% of all market movement will take place. These are
- London commodity trading morning trade time
- New York commodity trading morning trade time
So in GMT time what are commodity trading morning trade times of these two commodity markets?
From the above commodity chart the only Commodity Trading Morning Trade we want is the London commodity trading morning trade and New York Commodity Trading Morning Trade:
- London commodity trading morning trade time - 8:00 - 11:00 GMT
- New York commodity trading morning trade time - 13:00 - 16:00 GMT
Now the Commodity Trading Morning trade for our trading will only be 3 hours because for the morning commodity trade as a trader you want to close your trade before commodity price starts to retrace or consolidate.
So as a commodity trading morning trader these will be your commodity trading time for opening and closing commodities trades. If you decide to open a commodity trading morning trade you should close it within the 3 hours morning time because after these morning hours most commodities trades by financial institution will already have been executed and therefore after these few hours the liquidity in the commodities trading market goes down and the commodity price movement will slowdown.
Commodity Trading Morning Trade - Trade Opening Hours
A chart of commodity trading morning trade times for both the London commodity trading morning trade and New York Commodity Trading Morning Trade.
