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Secret Forex Trading Hours for 2019 | Forex Market Hours

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Secret Forex Trading Hours for 2019 | Forex Market Hours

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  1. FOREX TRADING HOURS FOREX TRADING HOURS FOR PROFESSIONAL TRADERS

  2. INTRODUCTION • The foreign exchange market has the largest liquidity of any market with approx. 5.7 trillion dollars being traded every day. In order to succeed, traders must consider several factors before placing trades. It is important to understand the market hours and the best time to analyse the markets. • What are the Major sessions? London Session, USA Session, London/US Overlap, Tokyo Session • Minor Forex Market Hours Hong Kong, Sydney, Auckland, Frankfurt, Singapore As soon as one market closes, another opens simultaneously, therefore, keeping everything uniform and making it a 24-hour market. When the market overlaps, this is the busiest time and the highest volume of trades are executed.

  3. UNDERSTANDING TRADING SESSIONS • Currency pairs will vary in the way they are volatile at different parts of the day due to the demographics of traders who are trading at that time. The market generally gets split into three main sessions. • The European Trading Session • The North American Trading Session • The Asian Trading Session

  4. THE BEST TIME TO TRADE THE MARKET • Some of the best traders will tell you the first few hours of a trading session are best to trade due to increased trend, momentum and retracements in price action. • Also, on the hour of each hour and 5 minutes just before provides good volatility for taking positions. • You will also find this time period to be best in dealers spreads due to the high frequency of trading at this time.

  5. WHEN NOT TO TRADE • Do not trade when there is low liquidity, this is generally around Midnight to 2am GMT. Low liquidity can cause unusual volatility and cause markets to hit your stop losses quicker.

  6. By any chance, if you are a new trader and would like to learn how to trade, then sign up today to our 2-day free Foundation to Forex Trading Course. How to become a profitable Trader. THANK YOU

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