Speculate

Learn forex and stocks trading.Forex brokers reviews.

Trading made simple

The best time for forex trading – when to trade ?

June 24, 2014 by Igor

Timing is critical, in a 24 hours Forex market. In every trade for maximizing the profit selecting the better time can be a factor. This is the secret known to professional traders. To produce more profit, you need timing. It’s called Power Hours. Volume and also volatility, two words best summarize it.
Lots of particular pairs of currency bought and sold is High Trading. Fast moving and quick trading currency pairs is having High Volatility. During Power Hours, high volume and the strong volatility can create large movement in every major pairs of currency.

What are Power Hours?
It runs from 8 am to 12 pm EST. Four hours a day, the most active trading period. As European session closes, US Session opens. Hot zone, small and active window. During these four hours, best effort is needed. The Currencies should traded during power hours are, EUR/USD, USD/CAD, USD/CHF, GBP/JPY and GBP/CHF. There are also trading times that produces good results aside from the power hour. The European sessions and the US sessions are the world’s largest trading center.
The headquarters of European session is London. Due to huge number of participants in the market London was made the world’s most volatile trading market of currencies. As European assets, GBP/JPY and GBP/CHF have strong price movements. Due to this conversion currencies make strong prices movements. European session starts at 2 am and closes at 12 pm. Its watch list session which are GBP/CHF, USD/CHF, GBP/JPY, GBP/USD and USD/CAD.
US session is based in the New York. Since their transaction requires USD, GBP/JPY and also USD/CHF shows high volatility and volume during this time. Foreign Investors have to convert their local currencies into US dollar. US trading becomes more active. US session begins at 8 am and ends at 5 pm EST. Its watchlist lnclude GBP/CHF, GBP/USD, GBP/JPY, USD/CHF and also USD/CAD.
The European Asian overlap session is called “cold zone”, which is the less active time to make the trade. During this time trading is thin and we cannot predict the trends. This is the best time to prepare for European Session opening. Cold Zone time is from 2 am to 4 am. Be ready to trade just like professionals in order to gain profit in these hours.

Related posts:

  1. What are Power Hours in forex trading ?
  2. What are the best times to Make Trade with US Dollar ?
  3. When Can You Trade Forex? – forex market time
  4. Best Hours to do Forex Trading
  5. Eye witness in online forex trading – trade in right time
  6. How should you trade forex in summer time ?
  7. Reversals in the Trend of Currency Market and Knowing the Trade Time
  8. Trading Time Frames

Filed Under: Learn forex trading

Trading made simple

Categories

  • Binary option (19)
    • Anyoption Review (6)
  • Bonds (7)
  • Buy facebook stock – facebook ipo price (3)
  • Chart Pattern (2)
  • Daily forex technical analysis (30)
  • Economy and politics (1)
  • Famous traders (4)
  • Forex (99)
  • Forex Affiliate program (1)
  • Forex autotrading (20)
  • Forex brokers reviews (148)
    • AAAfx Review (1)
    • Avatrade forex broker review (42)
    • AvaTrader (1)
    • Deltastock forex (2)
    • Dukascopy Review (2)
    • Easy Forex (1)
    • ETX Capital (1)
    • Exness (1)
    • Finexo Review (4)
    • Forex brokers news (77)
      • FXCM Review (11)
      • FXOpen Review (1)
      • Hotforex Review (9)
      • InstaForex Review (36)
      • Pepperstone Broker Review (1)
      • Plus500 Review (1)
    • Freshforex (1)
    • Fxpro Review (1)
    • HY Markets (1)
    • IForex trading Review (1)
    • SwissQuote Bank Review (1)
    • XM Review (1)
    • Xtrade Review (1)
    • YouTrade FX Review (1)
    • Zulutrade Review (7)
  • Forex contest (4)
  • Forex COT report (2)
  • Forex courses (5)
  • Forex education videos (1)
  • Forex Forecast prediction (12)
  • Forex Glossary (96)
  • Forex indicators (48)
  • Forex psychology tips (13)
  • Forex scalping (16)
  • Forex scam (3)
  • Forex strategy (60)
  • Forex trading platform (3)
  • Forex trading software (1)
  • Forex.com – GAIN capital (2)
  • ForexYard Review (2)
  • Fundamental analysis – world economy (73)
  • Futures (6)
  • Gold (25)
  • Hegding (4)
  • Intermediate Forex Course (39)
  • International trading (17)
  • Learn forex in basic course (101)
  • Learn forex trading (277)
  • Learn Fundamental analysis (4)
  • Learn trading (2)
  • Metatrader (7)
  • Mirror trading (13)
  • Money management (7)
  • Oil (4)
  • PAMM Investing platform (7)
  • Scalping tips (1)
  • Stocks (150)
  • Uncategorized (13)
  • Weekly forex strategy analysis (23)
Copyright - Speculatingmining 2013