"Working as a trader in FX, I trade the Swiss franc. It is exciting -- the foreign exchange markets operate 24 hours a day and any moment anything can happen. You have to be ready to react. The anticipation ahead of big numbers and the buzz you get from trading them is phenomenal.
6:30 a.m. - Getting Started
I usually get to my desk about 6:30 a.m. I start the morning by noting down the overnight ranges and calling our Asian desk to find out what's happened overnight. Then I read the overnight recaps and news, and look at where things are trading at the moment. Usually, if one currency or another has made a notable move, we will discuss it and collate thoughts regarding what we think and what positions to put on/take off.
7:30 a.m. - Take the orders from Tokyo
The day speeds up once Europe and London are all in and liquidity improves. Clients can call in any time. Most tend to call in early to find out what's been happening overnight. The majority of the business we handle tends to take place after 7:30-8:00 a.m. London time. European and UK data usually comes out from 9 a.m.-11a.m."
The rest of the day...
6:30 a.m. - Getting Started
I usually get to my desk about 6:30 a.m. I start the morning by noting down the overnight ranges and calling our Asian desk to find out what's happened overnight. Then I read the overnight recaps and news, and look at where things are trading at the moment. Usually, if one currency or another has made a notable move, we will discuss it and collate thoughts regarding what we think and what positions to put on/take off.
7:30 a.m. - Take the orders from Tokyo
The day speeds up once Europe and London are all in and liquidity improves. Clients can call in any time. Most tend to call in early to find out what's been happening overnight. The majority of the business we handle tends to take place after 7:30-8:00 a.m. London time. European and UK data usually comes out from 9 a.m.-11a.m."
The rest of the day...
