Cryptocurrency Q&A What is the best time to trade oil?

What is the best time to trade oil?

Ilaria Ilaria Wed Dec 04 2024 | 7 answers 1463
I'm interested in trading oil, but I'm not sure when the optimal time to do so would be. Is there a specific time during the day or week that is generally considered the best for oil trading? I'd like to maximize my profits, so understanding the best time to trade would be helpful. What is the best time to trade oil?

7 answers

Maria Maria Fri Dec 06 2024
Trading oil attracts significant attention during specific hours.

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KimonoElegantGlitter KimonoElegantGlitter Thu Dec 05 2024
During its operating hours, the market tends to exhibit high liquidity.

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WhisperInfinity WhisperInfinity Thu Dec 05 2024
Between 20:00 (UTC+8) and 13:30 (UTC+8), the market experiences heightened activity.

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GeishaMelody GeishaMelody Thu Dec 05 2024
High liquidity ensures smoother transactions and better price discovery.

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KimchiQueenCharm KimchiQueenCharm Thu Dec 05 2024
This time frame coincides with the opening of the New York Mercantile Exchange (NYMEX).

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