Forex Trading Hours - The Busiest and Slowest Times to Trade
Forex Trading Hours - The Busiest and Slowest Times to Trade
Forex trading success doesn't solely rely on the best forex trading system. You also have to know when is the best time to take a trade. You have to know what forex trading hours are the busiest and which are the slowest.
The trading hours in which the market is most active is definitely when European and American markets are both open and overlap one another. This time is from 13:00 to 16:00 UTC or 8.00 to 11.00 EST. If you are looking for liquidity and volatility in the market, this is definitely your peak hours.
This is when most short-term traders or scalpers of the forex market, enter and exit their trades. There is enough volume on the market, there is enough news, and frankly there are enough traders to really move the market in a strong manner. Almost all the big moves occur during these hours. This is because the US and UKmarkets account for more than 50% of all the transactions in the market.
The slowest periods in the market are naturally after the European and American markets are closed and before the Asian and Australian markets are open. Asian markets are open 8 pm EST and the Australian markets are open at 7pm EST.
So from when the markets are closed in the US from 4:00 pm EST to the Asian markets opening at 8:00 pm EST, the market is very slow. This could be good time to enter if you are more of a position trader, who wants to trade then market from a longer time perspective.
John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared. You too could learn forex by using price action.
So from when the markets are closed in the US from 4:00 pm EST to the Asian markets opening at 8:00 pm EST, the market is very slow. This could be good time to enter if you are more of a position trader, who wants to trade then market from a longer time perspective.
John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared. You too could learn forex by using price action. Watch Los Angeles Lakers vs Atlanta Hawks Online Live NBA Scores Watch Portland Trail Blazers vs Miami Heat on PC Online Live Free Work Experience can Earn you Credit when Earning an Online College Degree Online college degree cost – Increase Your Savings by Attending an Online College Getting your online college bachelors degree Online colleges – So Many To Choose From Keep yourself up to date with online college degree Get qualified- online college degree program Vermont Tax Extension 2010 Get 2010 Vermont Tax extension Online Tips for Buying Toys Online How Online Pet Supplies Acts For Your Benefit Some Reasons To Play For Free And Participate In Online Contests How to Get Your Name Out Online