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Old 6th September 2011, 03:35
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Default Forex Hours – What are the Best Forex Trading Hours?

Forex Hours – What are the Best Forex Trading Hours?

FOREX HOURS

This is one critical question that bugs most new traders.
Forex Hours: What are the Best Forex Trading Hours?
When you read several other sites, they speak of trading when the market is open etc.
So when the new york market is open, the usd pairs are more volatile.
This is not wrong. And it is indeed the fact that when a market is open, that certain pair will be more volatile.
Forex Hours – What are the Best Forex Trading Hours?

BUT!
Here’s the thing.
You do NOT need to wait for the market to open to trade that pair.
If you ask me, i do not even care to know what time the market opens or closes.
As mentioned, we as professional forex traders are like lions. Waiting patiently for a setup to occur before we pounce on it and kill it.
So if you have a day job. You probably can’t be staring at the screen for long hours.
WHICH IS GOOD!
Staring at the screen for long forex hours, WILL NOT help you enhance your forex trading or grow your account.
Instead, you will fall into the SEA OF EMOTION and find yourself struggling to stay alive.
Forex Hours – What are the Best Forex Trading Hours?

If you have a day job, just trade the daily time frame.
So check your broker’s time that the daily time frame bar closes every day.
And just spend that 10 mins of time analyzing the daily time frame.
Forex hours: SO JUST 10 mins a day is good enough.
If there is a price action trade setup, enter it.
If there isn’t. Close the screen and go forth your daily job. Come back again the next day and repeat the steps.
By just implementing this method, you will find yourself emotionally unattached and you have plenty of time to do your other stuffs.
But that does not mean you are not making good money.
There are FULL TIME PROFESSIONAL FOREX Traders who trade the daily time frame alone. (read this again)
Yea.
Forex Hours – What are the Best Forex Trading Hours?

Forex Hours
And if you are like me, who has a little more time to trade.
You can look at the 1hr time frame and the 4hr time frame.
Practically meaning, i only look at the charts every 1hr or 4hr, depending on my schedule.
So if there is a setup on the 1hr time frame, i enter on it.
But if there is no setup, i will go ahead with my other stuffs.
And then repeat the steps again.
So back to the question on Forex Hours: What are the Best Forex Trading Hours?
I hope you got an answer.
Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Day Trading Systems & Strategies that i personally use to be consistently profitable.
See you on the other side my friend,
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
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  #2 (permalink)  
Old 7th September 2011, 09:48
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There aren't any BEST trading hours as there are opportunities at every moment of the day. Just trade the time zone you're living in to avoid insanity.
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Old 26th September 2011, 12:23
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Quote:
Originally Posted by asiaforexmentor1 View Post
Forex Hours – What are the Best Forex Trading Hours?

FOREX HOURS

This is one critical question that bugs most new traders.
Forex Hours: What are the Best Forex Trading Hours?
When you read several other sites, they speak of trading when the market is open etc.
So when the new york market is open, the usd pairs are more volatile.
This is not wrong. And it is indeed the fact that when a market is open, that certain pair will be more volatile.
Forex Hours – What are the Best Forex Trading Hours?

BUT!
Here’s the thing.
You do NOT need to wait for the market to open to trade that pair.
If you ask me, i do not even care to know what time the market opens or closes.
As mentioned, we as professional forex traders are like lions. Waiting patiently for a setup to occur before we pounce on it and kill it.
So if you have a day job. You probably can’t be staring at the screen for long hours.
WHICH IS GOOD!
Staring at the screen for long forex hours, WILL NOT help you enhance your forex trading or grow your account.
Instead, you will fall into the SEA OF EMOTION and find yourself struggling to stay alive.
Forex Hours – What are the Best Forex Trading Hours?

If you have a day job, just trade the daily time frame.
So check your broker’s time that the daily time frame bar closes every day.
And just spend that 10 mins of time analyzing the daily time frame.
Forex hours: SO JUST 10 mins a day is good enough.
If there is a price action trade setup, enter it.
If there isn’t. Close the screen and go forth your daily job. Come back again the next day and repeat the steps.
By just implementing this method, you will find yourself emotionally unattached and you have plenty of time to do your other stuffs.
But that does not mean you are not making good money.
There are FULL TIME PROFESSIONAL FOREX Traders who trade the daily time frame alone. (read this again)
Yea.
Forex Hours – What are the Best Forex Trading Hours?

Forex Hours
And if you are like me, who has a little more time to trade.
You can look at the 1hr time frame and the 4hr time frame.
Practically meaning, i only look at the charts every 1hr or 4hr, depending on my schedule.
So if there is a setup on the 1hr time frame, i enter on it.
But if there is no setup, i will go ahead with my other stuffs.
And then repeat the steps again.
So back to the question on Forex Hours: What are the Best Forex Trading Hours?
I hope you got an answer.
Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Day Trading Systems & Strategies that i personally use to be consistently profitable.
See you on the other side my friend,
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
There are no "best trading hours". You might point out the hours during the day in which markets are more volatile or jumpy, such as the opening hours of the European stock markets and later the US stock markets. That is it basically..
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Old 26th September 2011, 18:50
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The best trading hours are going to be the hours that YOU are the most comfortable with. This will be different for everyone.
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Old 26th September 2011, 20:10
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daily charts for beginners
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Old 1st October 2011, 10:05
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Best trading hours for me is from end of London session to the end of NYC session .. im scalper, so i need good liquidity + low spread and fast executions .. i don't trade start of the London session, because i like to know where the market will go
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Old 14th December 2011, 11:28
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Its not important to concentrate on the trading hours. The important thing is that,how sophisticated you trade in Forex market because the foremost way to make money through forex market is to ensure your trading. If you trade yourself, you will surely get guaranteed results. However, it may take a bit of time. But this strategy is quite favorable if you consistently follow it.
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Old 14th December 2011, 14:55
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it's not important to choose a daily best hour in forex trading.

if you are swinger, you won't care too much about this, some may even leave the market and wait for several days or even longer.
if you are a scalper, you will spend most of your times watching the charts.

There are many opportunities in forex trading.
a senior trader will do more homework and study the market and pick the right time to enter and quit. esp. when there are releases of some important market news.
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Old 14th December 2011, 22:46
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For me, it is always Tokyo closing or New York opening, usually you can make out the trends and make your moves by the time NY opens shop..
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Old 15th December 2011, 14:25
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Yes, I also agree that there is no proven best trading hour. But I find that at noon after the London news are out, the market is a little bit more speedy and moving around. So if you are good analysis and well informed, then can take certain advantage from that.
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