Forex Trading Guide - Forex Magazines Section

Welcome to Forex Trading Guide

Article

What Are The Best Hours For Forex Trading?
Adrian Pablo

Forex is a highly dynamic market with lots of price oscillations in a single minute, this characteristic of the Forex market allows traders to enter the market many times a day and pull some profit from these number of trades. 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.

The main timing characteristics of the Forex market are the following:

* Forex is 24 hour market – It starts from Sunday 5pm EST through Friday 4pm EST. Rollover at 5pm EST
* Forex Trading begins in New Zealand, followed by Australia, Asia, the Middle East, Europe, and America
* The US & UK account for more than 50% of the market transactions
* Forex Major markets: London, New York, Tokyo
* Nearly two-thirds of NY activity occurs in the morning hours while European markets are open.
* Forex Trading activity is heaviest when major markets overlap.

From this timing facts, it is quite visible that 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.

The great liquidity of Forex, combined with a market that's traded 5.5 days a week around the world, offers you an exceptional independence and choices to trade Forex when you want to and not when the market wants you to do it. Trades always develop with relatively the same frequency, regardless of time. As long as the Forex market is open, there is about the same probability that you will find a trade, whenever your look for it.

During each trading day, the total Forex “volume” is determined by the number of markets that are open and the times each of these markets overlap one another.

Forex market volume of transactions remains high during the whole day, but peaks highest when the Asian market(including Australia & New Zealand), the European market and the U.S. market are open simultaneously. And these are the trading hours you must target in order to find the highest possible amount of profitable trades.

This is the breakdown of OPEN Market Times for your reference:

* New York Market trade times: 8am-4pm EST
* London Market trade times: 2am-12Noon EST
* Great Britain Market trade times: 3am-11am EST
* Tokyo Market trade times: 8pm-4am EST
* Australia Market trade times: 7pm-3am EST


If you pay attention to the last schedule you will notice that there are two times when two of the major markets overlap during trading hours; between 2am and 4am EST (Asian/European) and between 8am to 12pm EST(European/N. American).

So here you have it, if you want to find a great number of profitable trades, focus on the hours when the markets tend to make their biggest moves, i.e., during these big markets overlaps, which therefore, are usually the Best Times to Trade.

About the author:
Adrian Pablo; Forex Trader and freelance writer.

You can download a free Fibonacci trading report at his website:

http://www.1-forex.com

Forex Magazines News

forex magazines

PARIS, March 11 (Reuters) - French President Nicolas Sarkozy said he was not in favour of a weak euro but declared that the single currency should find the "right" level and he repeated calls for an overhaul of the global monetary system. In an ...

UPDATE 1-France's Sarkozy says does not favour weak ... - Forex Pros

... trade ... trading plan. Sunil Mangwani was key speaker at the FXstreet.com International Traders Conference in October 2008 - Barcelona. Sunil Mangwani is a Physics graduate with a Diploma in Financial Management. He has been trading the forex

Using Fibonacci ratios to manage your trades ... - FXStreet.com

Raghee is a private trader, founder of EZ2Trade Software, entrepreneur, and author. She is a regular contributor at a number of sites including FXStreet, Trading Markets, eSignal and a featured speaker at the Forex and Traders Expos. Her commentary ...

Pip Movement Ranges for Better Trade Management - Free ... - FXStreet.com

Under EU accounting rules—which were tightened in 2008—Greece wasn't obliged to include the loan in overall public debt on its books. On Feb. 1, a special ... swap that might have an impact on the debt is this forex swap, which might have been ...

Greece's currency swap draws new scrutiny - FreshPlaza

com on the annual STAR Awards fits with our strategy of recognizing top trading talent in futures and forex who are developing performance track records . SFO magazine is proud to be a sponsor of the 2010 STAR Awards and to help heighten attention on ...

TraderPlanet.com Announces 2010 STAR Awards Publisher Partnership with ... - YAHOO!

Last week the DOE said that US crude stocks stood at ... products including managed funds, futures, forex, options, full-service and discount brokerage, trader education, market research, and direct online futures trading through its BESTDirect ...

The API Catch Up - Inside Futures

PARIS, March 10 (Reuters) - The opaque nature of markets dealing in credit default swaps (CDS) is no longer acceptable and transactions should be subjected to supervision by local central banks, Bank of France Governor Christian Noyer said. In ...

UPDATE 1-France's Noyer-CDS mkt opaqueness not ... - Forex Pros

Research and Markets ( www.researchandmarkets.com/research/28d4cc/forex_on_five_hour : ) has announced the addition of John Wiley and Sons Ltd's new report " Forex on Five Hours a Week: How to Make Money Trading on Your Own Time : " to their offering ...

Research and Markets: Forex on Five Hours a Week: How to Make Money ... - PR Inside

... Week, Investor’s Business Daily, The New York Times, The Los Angeles Times, Chicago Tribune, Associated Press, The Toronto Globe & Mail, Houston Chronicle, Futures Magazine, National ... including managed funds, futures, forex, options, full ...

All is well - Inside Futures