Thread: Best and worst times to trade

Originally Posted by ;

Many of the traders shut their Forex positions on Friday. This is done in order to avert the opening gaps of Monday.

True. You never know what will occur over the weekend when you've got no control over your positions.

Currently demo-ing, and discovered the best trading times are when commerce sessions overlap(i.e for me personally, london and new york).

Originally Posted by ;

use attached. It will explain to you if (what time of day) you've got large volatility on a currency pair. file

Owo; this would be great! Thank you very much for your attached-link!

Originally Posted by ;

utilize attached. It will show you when (what time of day) you have high volatility on a currency pair. document

Is an indior? Place that in indiors, correct?

Originally Posted by ;

currently demo-ing, and found the ideal trading instances are when commerce sessions stinks (i.e for me, london and new york).

That makes sense. At those times the market volume is (or ought to be, at least) the greatest so the market is very lively.

Originally Posted by ;

currently demo-ing, also discovered the ideal trading instances are when trade sessions stinks (i.e for me, london and new york).

Yes, I am also curious to use this type of technical assistance! Interestingly, London and New York trading sessions are my favorite!

Originally Posted by ;

quote YesI am also interested to use this kind of technical assistance! Interestingly, London and New York trading sessions are my favorite!

Can you ever try to trade the Tokyo session also?

Finest time to trade is when your trading system shows you a strong signal.

When not to trade:
the worst time to trade may be when your trading system shows you a signal ? For example if you see an unusual major candle maybe you need to stay out as a retracement might happen.

At a high impact news release. But it depends on your trading system if it's short term or extended duration. If long duration then news release are not always a problem. Strongest releases I think are NFP, ISM, interest rate choice, important addresses from central bank supervisors.

In case a president is happening you be out of market.

Closing the place on friday is vital as you cant manage your position during weekends (price can move a little or a lot during weekend and the shift will be visible in market open on monday).

Originally Posted by ;

quote Can you try to exchange the Tokyo session also?

Really, volatile market is my favorite! Because, it produces more pips!

Originally Posted by ;

quote Actually, volatile market is my favorite! Because, it generates pips!

I agree, so long as I can find the movements predicable.