Friday 9 July 2010

tips: are you trading the right time?

Forex market is 24 hours a day. Only times the market ‘sleeps’ is at weekend. But this does not mean that the market is highly active all day round. Most of the time the market will have low volume and moving slowly, and this will make beginners like me feel frustrated.

There are 3 main forex markets around the world, and some smaller one. After some research, I have summarized the opening and closing of each market into a table. The overlapping time between few markets will be the best time to trade. And usually London session will be the most active session.

Here I proudly present to you, forex market hour table by sam-fx.blogspot.com. In the table, there are 2nd row empty, which allow you to fill in your timezone (according to GMT at first row). After print out, with a glance you may know which is the best time for you to trade. Please click on the image to enlarge.