Binary Options Trading At Night


Actually some binary options traders prefer to trade at night not because they have to, but because there are special opportunities at that time. Strong currencies such as the Australian Dollar, for example, have higher trading volume during the United States’ evening time, than during its day (when Australia is asleep).

Similar conditions exist for well-known Asian companies and indices. But whatever the reason, the possibility for binary options trading at night gives investors the chance to pursue high profits and to diversify their trading strategy.

Guest article by Daniel Brzezinski of CashBackBinaryOptions

After you read this article please share your thoughts on how it contributed to your trading experience?

Binary options trading has become very popular in recent years and as a result many brokers offer different innovations that will win them new clients. One such development is the option for night trading, already offered by a number of brokers.

Brokers know that many of their clients are at work during the day and that global markets are closed for most of the weekend. These are the two main factors that limit many potential investors from trading. Luckily, night trading opens up the market to those who otherwise do not have the chance to trade. As a trader you can benefit by trading at night, because it provides you with the ability to trade after normal working hours and to trade in markets outside of your own time zone. This way you are able to execute trades across global markets.

Of course, not all assets are active at night, for example binary options contracts that have 1 hour expiry time on assets such as NASDAQ or S&P 500 will move very little when it’s night in the US. But the financial industry is big and that gives us plenty of other options to choose from.

Examples of Binary Options trading at night:

For instance the Asian markets are open throughout the night in the United States and Europe, making trading indices like the NIKKEI 225 or Asian stocks possible. For example the NIKKEI 225 index is open during the following hours: 00:00 – 02:00 GMT and 03:30 – 06:00 GMT every day Monday-Friday.

European traders can also trade in the evening when the markets are still open in the US. For example the S&P 500 index is open during the following hours with some brokers: 10:30-21:00 GMT every day Monday-Friday.

During the 5 day business week, the currency exchange (or Forex) market is open 24 hours, because it is worldwide and over-the-counter. A few brokers even offer binary options night trading contracts on futures markets, which predict the direction of a closed market the next time it opens.

As a whole, the trading conditions of binary options allow this type of night trading, because binary options are derivative contracts and they exist only between the broker and the trader. Therefore, their outcomes are determined by the traded asset’s price, not by but the exchange or market that has the asset listed in.

 

Exploring special opportunities is essential for binary options trading. And if explored correctly, they can turn into profits.

 

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