The best time for forex trading – when to trade ?

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.