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gandraGlobal Moderator- Number of messages : 3652
Points : 9333
Date of Entry : 2013-01-13
Year : 50
Residence Country : Serbia 
Best Times to Trade
on Sun Mar 22, 2015 9:04 pm
EUR/USD
During the Tokyo session, the Euro only trades 15% of all volume so it is best to start watching the Euro late in the Tokyo session. It trades 39% of all Forex volume during the London session. It can also be traded during the New York session.
GBP/USD
The pound trades extremely lightly during the Tokyo session. Start watching it near the end of the Tokyo session as it can start moving then. In the London session, GBP/USD accounts for approximately 23% of all Forex trading volume. The pound can be traded in the New York session also.
USD/JPY
During the Tokyo session, USD/JPY accounts for approximately 78% of all Forex volume. This drops to about 17% during the London session. There are occasional days when these 3 pairs make significant price moves outside the sessions which normally have the most trading volume.
News Releases / Economic Data Releases
23:50 GMT Japan Fundamentals
07:45 GMT Euro Fundamentals
13:30 GMT USA Economic Figures
During Summer Time these news release times are 1 hour earlier.
During the Tokyo session, the Euro only trades 15% of all volume so it is best to start watching the Euro late in the Tokyo session. It trades 39% of all Forex volume during the London session. It can also be traded during the New York session.
GBP/USD
The pound trades extremely lightly during the Tokyo session. Start watching it near the end of the Tokyo session as it can start moving then. In the London session, GBP/USD accounts for approximately 23% of all Forex trading volume. The pound can be traded in the New York session also.
USD/JPY
During the Tokyo session, USD/JPY accounts for approximately 78% of all Forex volume. This drops to about 17% during the London session. There are occasional days when these 3 pairs make significant price moves outside the sessions which normally have the most trading volume.
News Releases / Economic Data Releases
23:50 GMT Japan Fundamentals
07:45 GMT Euro Fundamentals
13:30 GMT USA Economic Figures
During Summer Time these news release times are 1 hour earlier.
Short info about me!
I am forex, stock market trader, and software developer at the same time. I developed several Trading Robots (Expert Advisors) for trading on Meta Trader 5 trading platform. If you want to see all my EA's, visit the following link below.
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Vlad- Number of messages : 192
Points : 2191
Date of Entry : 2015-04-21
Year : 31
Re: Best Times to Trade
on Mon Jul 20, 2015 4:34 pm
I guess, the most active time of currency market is four hours of New York and London session. To my mind, this is the best time for trading.
Stuart Broad- Number of messages : 137
Points : 1662
Date of Entry : 2016-07-16
Year : 30
Re: Best Times to Trade
on Sun Dec 04, 2016 9:03 pm
I think this concerns only the day traders, news traders, scalpers and other short term traders! To be realistic, there is no such thing as best time to trade. I would check out London/New York session with my broker FreshForex. The megarebate of $15 per losing trade and $7.5 per winning traded calculated for standard trading lot ensures that I get paid extra for every trade of mine! So, this is very good for those who trade often.
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