Best hours for trading Forex

Have a question about trading? Any questions are welcome. Go ahead!

Re: Best hours for trading Forex

Postby User » Fri Jul 03, 2009 10:32 am

Forum transfer: Submitted by Rich on December 15, 2008 - 11:26.

Exactly as you said!

Rich
User
 
Posts: 376
Joined: Wed Jul 01, 2009 7:08 pm

Re: Best hours for trading Forex

Postby User » Fri Jul 03, 2009 10:33 am

Forum transfer: Submitted by Diane Samuelson on January 20, 2009 - 02:25.

Hi Rich

Why the best hours for FX trading are London and New York sessions? This are the greatest markets, but Isn´t FX 24 hours open?

Diane Samuelson
Economist
Cambridge University
User
 
Posts: 376
Joined: Wed Jul 01, 2009 7:08 pm

Re: Best hours for trading Forex

Postby User » Fri Jul 03, 2009 10:33 am

Forum transfer: Submitted by Rich on January 20, 2009 - 12:56.

Hi Diane,

Forex is a 24/7 market, where you can open or close your trading position any day any time.
However, HOW WELL you'll be doing with your trading depends on WHEN you come to trade.

New York and London sessions are the most active trading sessions, which means there are a lot of participants buying and selling currencies. This creates liquidity - price changes, moves, trends well, making it possible to profit from such market fluctuations.

Beyond those two sessions, lies a territory of slower prices with less liquidity and profit potentials, majority of traders prefer not to trade beyond London and New York sessions. You can still buy and sell of course, but you'll find it more difficult to profit from your trades and it will take longer time to do that.

Best wishes,
Rich
User
 
Posts: 376
Joined: Wed Jul 01, 2009 7:08 pm

Re: Best hours for trading Forex

Postby User » Fri Jul 03, 2009 10:34 am

Forum transfer: Submitted by User on June 16, 2009 - 09:46.

Generally speaking, the most active hours all around are between the London markets opening around 8:00 GMT and end with the markets in the US closing around 22:00 GMT. The absolute busiest time in the forex markets are during the London to US overlap between 13:00 GMT to 16:00 GMT. These are the hours that are the most liquid or when the most traders are in the markets making trades.
User
 
Posts: 376
Joined: Wed Jul 01, 2009 7:08 pm

Re: Best hours for trading Forex

Postby User » Fri Jul 03, 2009 10:36 am

Forum transfer: Submitted by Submarin on June 24, 2008 - 00:34.

The tool to help you keep track on Forex hours: http://www.forexmarkethours.com/
User
 
Posts: 376
Joined: Wed Jul 01, 2009 7:08 pm

Re: Best hours for trading Forex

Postby davidson333 » Mon Oct 24, 2016 10:24 am

The best trading hours are the times when volume and unpredictability levels are most astounding. High trading volume implies that all the more loads of a specific coin match are being purchased and sold and high unpredictability implies that the cash combine is moving quick and drifting rapidly. High volume and solid unpredictability cause expansive pip developments amid the best trading hours. Also, the spreads get to be smaller amid high volume exchanging hours, and limited spreads implies bring down exchange costs.

international payment methods
davidson333
 
Posts: 137
Joined: Mon Apr 28, 2014 11:07 am

Re: Best hours for trading Forex

Postby david100 » Wed Nov 09, 2016 10:58 pm

It is great that forex is a market that can be traded around the clock, 24 hours, 5.5 days a week, 12 months a year. Being open all day and most of the week brings to the market a greater liquidity than otherwise, and it gives traders from around the world the flexibility to trade when they want. They can trade as little or as often as they want, during their business hours, after work or even in the middle of the night.


online payment platforms
david100
 
Posts: 176
Joined: Mon Aug 19, 2013 11:07 am

Previous

Return to Newbie questions & answers



cron