by User » Fri Jul 03, 2009 10:27 am
Forum transfer: Submitted by Rich on April 25, 2008 - 20:53.
Hi Paul,
The best time to trade Forex is during London and New York sessions.
The best hours to trade Forex are:
3am EST - 5am EST - London opens, inviting an increase in trading activity.
8:00 am EST - 11:00 am EST - London is still open, New York session begins. The two major session overlap producing the highest volume of trades. Also major news for US come around 8:30 am EST.
The last few good hours to consider trading are 1pm EST - 3 pm EST. After that time it is better to avoid any trade for the day.
Rich