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What is the market at night?
At night, the foreign currency market is rather calm. The great majority of trading instruments are now experiencing "flat" market conditions. The price of assets moves laterally, with levels of support and resistance on both sides. Because the price of assets moves in a lateral manner, this is good for traders who keep calm trading. Furthermore, traders can predict their future behaviors if they monitor the market throughout this time period. The end of the American session brings in the subsequent quiet. This occurs at 21:00 local time (GMT). Because large financial organizations do not function at night, European traders are also inactive at this time. Furthermore, Europeans and Americans account for a sizable percentage of the global corporate community. As a result, the market's volatility has been significantly reduced. There is rush of inactivity during the opening of the Japanese market; during this session, asset values, particularly the Japanese yen, tend to endure irregular but quick jumps and drops. Price movements are notoriously difficult to anticipate, particularly when there is no relevant economic news to consider. This is only true if they are discussing transactions that take place over a medium length of time. Nighttime is the most productive time of day for scalping. Traders generally use channel scalping strategies, which highlight support and resistance levels, during this period.

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