However, when it seems to be not so important at the beginning, the right time to trade is one of the most crucial points in becoming a successful Forex trader. So, when should one consider trading and why? The best time to trade is when the market is the most active and therefore has the biggest volume of trades. Actively traded markets will create a good chance to catch a good trading opportunity and make profits. Live Forex Market Hours Monitor:Reviewed, improved and updated on August 24, 2012. USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active.
At those overlapping trading hours you’ll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market. Market Hours Monitor to identify trading sessions. If you haven’t chosen a Forex broker yet, we recommend Forex brokers comparison to aid your search. Download Free Forex Market Hours Monitor v2. This is a simple program aligned to Eastern Standard Time. Time zone option is added for most of North American and European countries. Forex trading is a high risk investment.
All materials are published for educational purposes only. The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. What If You Only Took 4 Trades a Month? What’s Your New Year Trading Resolution?
Is Your Stop Loss Too Tight ? Nial Fuller’s Price Action Forex Trading Course. The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. I’ve truly seen it all when it comes to trading, from sitting next to professional traders who manage large sums of money, to running live educational seminars.