Member Login | Site Search | Support

Advertisement
www.buzzar.tv
Three E-Zine Alternatives You May Not Have Considered
Another Kind of Horse Brand: Business Branding in Equine Marketing
Advice
Natural Treatment For Varicose Veins
Musicians, Put More Time Into Doing What You Love
An Effective Way to Cope with Being Dumped
Arts
A Helpful Hand
Why Outsource Graphic Designers, Web Programmer, Call Centre Agents, Telemarketer Staff, Virtual As
All of God's children
Autos
Techniques To Help You Find The Right Wedding Car
Hitch Warehouse launches online store
Business
Mechanical Forex Trading Systems - Why Most Forex Robots Will Wipe You Account Out Quickly!
Tips for using Text Messaging effectively
How To Really Profit from Domain Names
Community
Origins of Christmas
Tips
Carp Bait Making For Beginners And Cheap Big Fish Baits!
Entertainment
2008 Horoscopes - Get Free 2008 and 2009 Weekly and Yearly Horoscope
Watch Movies Online For Free Downloads - Rent Movies Online - Streaming Movies Online - Watch
Woodhouse Audio Visual Services and Rentals
Environment
Family
When both parents work, do children suffer?
Kid`s Favorite Party Christmas Games & Ideas - Santa`s Best Xmas Jokes
EXERCISE AND KIDS (PART-3)
Food
Increase Your Energy Level Naturally
Health & Fitness
Abundant Fat Loss: Say Goodbye To Unsightly Fat
Natural Treatment For Varicose Veins
What Are Normal Blood Glucose and Blood Sugar Levels
History
Origins of Christmas
Hobbies
Origins of Christmas
Secret Carp fishing Bait Recipes Formulation!
How to Bind Documents with Plastic Comb Binding
Home & Garden
These Famous Poodles
Aging Dog - How to Make Old Dog Comfortable
3 Most Common Reasons People Fail to Achieve Success in Their Life
Internet
16 Customer and Client Generating Tools For Recession
"Insure" Yourself Against Computer Intruders - Your Flash Drive May Become Your New Best Friend
Unleash The Power Of Private Label Rights Riches!
Miscellaneous
Using a Hair Dryer to Rapidly Dry a Watercolor
Tips
Make Money Writing Articles
News
Google PageRank Patent May Go Poof
SEOMoz Dishes On 'Give It Up' Secrets
The Pentagon's Battle Plan Is To Go Green
Pets
Aging Dog - How to Make Old Dog Comfortable
$50Gs raised to probe BC dumpster dog's death
Poems
All of God's children
A Helpful Hand
Reference
Mothman - Alien from another world, or a being from the spiritual realm
Hot Walkers for the Holidays!
Origins of Christmas
Relationships
How To Prevent A Break Up
How to meet men or women from the comfort of your home
An Effective Way to Cope with Being Dumped
Sales
Real Estate: It's a Buyer's Market!
Hitch Warehouse launches online store
Where To Buy Quality Swiss Watches
Self Improvement
Bankruptcy Information - Repairing Your Credit after Bankruptcy
Roger Revaks Book, Internal Vision: A Ten-Day Journey to True Happiness
Self-love is not Narcissism!
Spiritual
Can 10 Million People be Wrong about Meditation?
Roger Revaks Book, Internal Vision: A Ten-Day Journey to True Happiness
Age New Spirituality - The Open Secret ( Read It At Your Own Risk )
Sports
NFL To Stream Sunday Night Games Live
Carp Bait Making For Beginners And Cheap Big Fish Baits!
Another Kind of Horse Brand: Business Branding in Equine Marketing
Technology
SEO Basics for Small Businesses
American Airlines Drops Google Lawsuit
The Pentagon's Battle Plan Is To Go Green
Travel & Tourism
Morgans mobile RV Service & Repairs
Sacred Headwaters Campaign
Vacation On the Great Highland Lakes
Add your Article

The Best Hours To Trade Forex
07/08/2008 - By DONALD SAUNDERS

Forex trading has become extremely popular with small investors and it is now an easy market to enter with relatively small investment capital. It is also the world's largest and most liquid financial market with trading operating around the clock.

The market offers the opportunity for many small investors to literally quit their day job and make a very comfortable living working from home over the Internet and has indeed made many small traders very rich indeed. However, like most things in life, it is not without its downside and trying to trade without knowing exactly what you are doing is a recipe for disaster.

One question which many novice traders ask is "when is the best time to trade?"

The forex market is a very volatile market and prices can move up and down very quickly and literally from minute to minute, so that every minute you are in the market is an important minute. Choosing just when to trade, as well as having a variety of safeguards in place for every trade, is thus an important consideration. Remember though that you can enter and exit the market as many times as you like during the course of a day and so we are not talking here simply about choosing your working day in the same way that you would choose your hours for a regular day job. You can, for example, enter the market by opening a trade at 10:00 am and exit the market by closing that trade at 10:10 am. You might then decide to stay out of the market for a while and start trading again at 1:25 pm by opening your next position.

There is no 'home' for the forex market and trading takes place across the globe, although there are a number of significant trading centers in each of the three main trading regions of Australasia, Europe and North America. For example, within Europe trading takes place in several cities including London, Frankfurt, Paris and Zurich.

In theory the market is not in fact open 24 hours a day and each trading center will have its own set operating hours. Trading for example starts in Sydney and is followed by trading in Tokyo, London and New York. Because of global time differences however you will find that there is a trading center somewhere in the world which is open at any time of the day or night, seven days a week, and since traders have access to all of these trading centers you can effectively trade around the clock.

As an example, the time is just coming up to eleven o'clock on a Friday morning in Thailand as I write this article, so where can I trade at the moment. Well, the markets in Europe and North America are currently closed, but I could trade if I wished to do so through Sydney or Tokyo. However, if I decide to spend the afternoon on the beach (which is entirely possible) and then to trade later in the day then the markets here in the Far East would be closed but I could trade first through London or Paris and later through New York.

Now this is all very well but the question is not really when can you trade, but when is the best time to trade?

Trading volume is high through the day simply because of the sheer size of the market but this volume will peak whenever the trading hours of two or more of the three main trading areas overlap. This in fact happens at two time periods between 2 am EST and 4 am EST when the Australasian and European markets are operating at the same time and between 8 am EST and 12 pm EST when the European markets and North American markets are both open at the same time.

So, unless your trading strategy involves specific currency pairs being traded in particular markets, the times above are those times when you will see the greatest number of possible trades and thus the times which many traders find to be the most profitable.

LearningForexTradingOnline.com is designed to assist beginners to learn forex and includes a growing base of information including a large number of current forex articles

http://learningforextradingonline.com/
http://learningforextradingonline.com/forex-articles/