THE BEST TIME TO TRADE FOREX TO MAKE PROFITS

So when should I trad forex?


The New York session is almost similar to the London session so we are not going to go into that.



To conclude this series, we will like to answer that question of "what is the best time to trade?"



Typically, the best time to trade is:



When you have overlapping sessions. This is normally the time when major economic news and data are release and this can generate som volatility in the market and give you a chance to make some profit. Take not of the opening and closing hours we gave you two lessons ago to know when these overlapping times occur.

The London session is normally the bussiest of the sessions and is a great time to trade.

The middle of the week (Tuesday - Thursday) usually brings more movements in the currencies, giving you more chances to trade.



And the worst time to trade are:



Sundsay - No one trades on these days.

Fridays - Activity can be good in the early hours of the New York session but dies down rapidly towards the end of the session. Currencies generally remain flat.

No one trades on bank holidays

During major news events. The market can get really really crazy. And as a beginner, you don't stand much chance.

So generally speaking, the best time to trade is when there is high liquidity and higher price movements in the market.

FOR FLOOD OF TRAFFIC TO SITE AS NEVER BEFORE

Save money and give your site the needed world recognition for FREE. You don't need to pay to drive traffic to your site.Click the banner below to sign up for free and see the wonder of flood of traffic to your site like a wonder charm. Not only that, many more surprising bonuses.