GoldenTalk - The best forum about HYIP (High Yield Investment Programs) - What is the optimal time for Forex Trade?

This forum is a message forum about how to get rich in High Yield Investment Programs, HYIPs, Games and Investments. Please, no advertising except in the advertising folder.

This forum board has no paid advertisements at all!!! Enjoy your talks without a single banner!

Forum Support Team

		GoldenTalk - The best forum about HYIP (High Yield Investment Programs) > General GoldenTalk Discussion > Forex Trading
What is the optimal time for Forex Trade?

Thread Tools

Search this Thread

22-01-2008, 12:14 PM	#1
Damon Senior Investor Join Date: Jan 2008 Posts: 414	What is the optimal time for Forex Trade? I am wondering what is the settled time when it is more easy to make profit in forex? In other words, is there a time with more intensity?

25-01-2008, 11:34 PM	#2
hopkins I'm ready to invest! Join Date: Oct 2007 Location: Pakistan Posts: 32	It need some more explanation to explain further. I am still unable to figure it out.

29-01-2008, 02:30 PM	#3
Damon Senior Investor Join Date: Jan 2008 Posts: 414	I heard that markets are more inconstant when they open in the same time. New York and Tokyo open together, for example. Can you think about other examples?

22-05-2008, 12:34 PM

Hulk

Junior Investor

Join Date: Jan 2008

Posts: 149

Here's the information that you are looking for:

Quote:

Best Times To Trade Currencies

European trading session - Europe opens at 7am GMT or 2am EST. Closes at 3 pm GMT or 10 am EST. The European session is the most volatile session most of the time.

London session - opens at 8 am GMT or 3am ES. Closes at 4 pm GMT or 11am EST. The most active pairs during this session are EURUSD with 39% of the trading volume, GBPUSD with 23%, USDJPY with 17%, USDCHF with 6% and USDCAD with 5%.

New York session - New York Opens at 1pm GST or 8 am EST. Closes at 8pm GMT or 3pm EST. New York is the second largest forex market place. The busiest time is 8am to noon EST. News releases can result in a volatile market. Trading activity usually winds down after the U.S. afternoon trading period.

Asian Session - the Tokyo session opens at 1am GMT or 8pm EST and closes at 8am GMT or 3am EST. Sometimes volatility is low and sometimes good moves occur. The USDJPY is the most active pair with 78% of the volume followed by EURUSD with 15% and EURJPY with 5%.

Source: http://www.forexguest.com/

16-06-2008, 05:49 PM	#5
travelguruz I'm ready to invest! Join Date: Jun 2008 Posts: 16	I don't thing trading in any particular session is more beneficial then other. And the article below is only telling about the currency which is traded most by volume..

18-06-2008, 12:34 PM	#6
jv17 Where to invest??? Join Date: Jun 2008 Posts: 11	yeah I guess the best time is to wait for the right time..

26-06-2008, 08:16 PM	#7
Zloi4el I'm ready to invest! Join Date: Feb 2007 Posts: 33	The three major forex trading sessions are as follows (all in Eastern Standard Time): New York open 7:00 AM to 4:00 PM Japanese/Australian open 7:00 PM to 3:00 AM London open 3:00 AM to 11:00 AM Often, the best times to trade is at the beginning 3-5 hours of the above mentioned opening times, because the major currency pairs tend to move the most in a particular direction. Especially when there are economic news releases. THE ABSOLUTE BEST TIME TO TRADE IS FROM 3 AM TO 11 AM EST.

15-09-2008, 02:24 PM

Patric

Junior Investor

Join Date: Sep 2008

Posts: 89

Quote:

Forex is a 24 hour market, what’s The Best Time to Day Trade the Forex Market?
The Absolute Best Time To Trade Is From 3 AM TO 11 AM EST.

The New York and London trading sessions overlap between 7 and 11 am EST.
The volatility is much higher and trading opportunities are much more frequent with
bigger moves, especially in these four hours. You can make 30-100 pips
trading in a few minutes or hours, using any of your strategies in any time
frame.
Three major forex trading ‘sessions’ are as follows (Eastern Standard Time):
New York open 7:00 AM to 4:00 PM
Japanese/Australian open 7:00 PM to 3:00 AM
London open 3:00 AM to 11:00 AM

The beginning 3-5 hours of the above mentioned opening times is the best time to trade, The major currency pairs tend to move the most in a particular direction. Especially when there are economic news releases.

The currency pair that moves the most during these hours are the Usd/Chf ,Gbp/Usd, Eur/Usd,Usd/Jpy.

The economic news release is scheduled for 8:30 AM EST. If you are in a
trade at this time, make sure you have your stop loss at a place you are happy with.

The volatility is scary and fast, you can jump in once you see the major trend, usually after the first 5 minutes. Look at a 30 min chart to check the major trend.

Check your local time at http://forex.timezoneconverter.com

http://www.fx247.org/the-best-time-to-trade-forex.html

15-10-2008, 01:13 PM	#9
uday1583 Where to invest??? Join Date: Oct 2008 Posts: 8	there is no best time to trade in the forex markets... it depends, but you usually should not initiate any trades in the opening bell... because all the markets usually takes time to settle down after opening.. so give sufficient tima and understand the factors that could affect the markets on that day and then initiate a trade... which would help in taking better trades. Last edited by jambutty : 17-10-2008 at 03:27 AM.

« Previous Thread | Next Thread »

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off

Forum Jump

New Document

All times are GMT. The time now is 09:12 PM.