Once you have decided to enter the Forex trading world you will find that FX trading has many advantages over other capital markets. Including among others; very low margins, free trading platforms, high leverage and around-the-clock trading.

It is my main concern in this article to let you know what hours you should be ready and focus for start trading, so you can expect the highest profits in your trades, and not just consider that around-the-clock trading means you should randomly trade through out the day.

In short, it is important to know what the best hours to trade are because if you want to find an appreciable number of profitable trades you need to enter the forex market at the best period of time, i.e., when the activity, the volume of transactions, is the highest.

At any given time; somebody, somewhere in the world is buying and selling currencies. As one market closes, another market opens. Business hours overlap, and the exchange continues as day becomes night and night becomes day. Giving you 5.5 entire potential trading days.

Forex Trading begins in New Zealand at Sunday 5pm EST, and then is followed by Australia, Asia, the Middle East, Europe, and America in this order and through out the day and through out the week until Friday 4pm EST when the American market closes.

Other important facts every Forex trader should know are: the US & UK markets account for more than 50% of the forex market transactions; Forex major markets are: London, New York and Tokyo. Nearly two-thirds of NY activity occurs in the morning hours while European markets are open. And maybe one of the most important characteristics; Forex Trading activity is heaviest when major markets overlap.

So, the answer to the question; “What hours should I be trading?” is dictated by this last characteristic, you should trade when the major markets overlap. Now, when do they overlap?.

Considering the different time zones of the world and open and close times for Australian, New Zealand, Japan, America and Europe markets. We can arrive to the conclusion that there are two major time gaps when two of the major markets overlap during trading hours.

These hours are between 2 am and 4 am EST (Asian/European) and between 8 am to 12 pm EST(European/N. American).

So if you want to catch the best trading opportunities of the day and you are in the American continent you must be ready to wake up early or go to sleep late some times. Of course things change around the world. What’s the best region where to trade from if you can’t wake up early?… Maybe the Ukraine.

By: Adrian Pablo

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PB wrote:


I’m needing to trade in my gas guzzler and get something more economical since i drive 1.5 hours each day. I need four wheel drive b/c i live in the mountains where it snows and there are times i have to drive in the snow… so what is best?

LaCrosse

sweetheart wrote:


I recently financed a voltswagon jetta 2007 in November 2006 when the dealership was starting to sell the 2007 vehicals, and at that time I was able to make the monthly payments with no problem, but now that my job is cutting back on hours it is becoming a bit difficult to pay the monthly notes, and also I am vaery unhappy about the performance of the car. I was wondering would it be to early on to try to refinance or trade it in for another vehical that would be a little cheaper or would I have to wait a little longer to trade in or refinance?

Forex Trading

renns944 wrote:


What is the easiest way to trade two equally valued automobiles, both paid off completely, for each other. The two parties live 6 hours away in two different states.

Discussing Forex Trades

Kimmy wrote:


I have a 2003 Mercury Mountineer. I’d like to trade it in for something a little more ecomonical on gas. I may be starting a new job that is an hour away and will have to commute daily. I owe a little better than $19,000 on it.

Buying Car Insurance