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Old 02-28-2008, 10:14 PM   #1

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Appropriate Time for Trading

I know that most markets are now open 24h, especially the currencies.
When is the best time to trade these markets?
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Old 02-28-2008, 10:44 PM   #2

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Smile Re: Appropriate Time for Trading

Quote:
Originally Posted by Michael »
I know that most markets are now open 24h, especially the currencies.
When is the best time to trade these markets?
Hello Michael, if your interested in spot forex, the best time to trade where you will get most opportunities is from 02:00am eastern time to 11:00am eastern time.

Of course, you will want to be carefull at 08:30am ET and 10:00am ET when most US news comes out and where it can be very volatile.

Usually, asian session (18:00pm ET to 01:00am ET) is not really good as activity is very low most of the time. The exception would be as tonight when there is japanese news.

For future, it would be usually from 09:30am ET to 15:30pm ET

Hope it help

Sincerely

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Old 03-22-2008, 12:17 AM   #3

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Re: Appropriate Time for Trading

For futures contracts, my preferred time to trade is between 9:45am and 12:00pm ET. You could safely extend it to 2pm ET as well. And I don't trade on Fridays, too unpredictable.
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Old 03-22-2008, 07:53 AM   #4

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Re: Appropriate Time for Trading

Michael-
Check this link:
http://www.babypips.com/school/market_hours.html

Tells you not only what major markets are open at what times, but the average # of pips it moves on those timeframes broken down by currency (although I think the pip range is a bit "off" some low, some high)
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