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Yellow Free EA

by t76ahmed

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Time for trading

Topic: Time for trading

When is the best time of the day to trade and which days of the week should people trade on ?

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Re: Time for trading

well depends on which pairs you are trading on. Every pair has different time frames

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Re: Time for trading

It also depends on the currency pair that your trading on. If your trading Asian pairs, or even some of the NZD pairs (Sydney and Japan are only an hour apart) trade at GMT offset +9 and so on

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Re: Time for trading

y more llike trading on eropa and america session, because the volume and volatile is big. and more like trading on eurusd and gbpusd pairs

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5 (edited by mayamak 07-12-17 13:55:53)

Re: Time for trading

jesse_breaker wrote:

When is the best time of the day to trade and which days of the week should people trade on ?




well... the best time is to trade when all traders are trading and when volatility is big (spreads are small) - at London and NewYork session

NY- 8am - 5pm EST 
London 3am - 12noon EST 

Volatility slows down (spreads are increasing) during night during Asia Session, then night scalpers are activating. It's hard to trade on this market conditions. 

Tokyo  7pm - 4am EST 
Sydney 5pm - 2am EST

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Re: Time for trading

For me I for the most part trade in New York time session. I find this session more liquid than various sessions. Usually I follow my checklists and start to see the charts. If I find any set up I open the trade. If i don't find any set up according to my strategy and trading plan, I do not open any trade for that day. I am trading with FXPM because I like their trading platform. It doesn't requote while placing the order.

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