Best time to trade

nahiyar

Private, 1st Class
Messages
840
Right, there s always market works slow or fast, then different pairs move differently . A trader can trade well by choosing right time of entry and make profit . No one will tell him now it is best time to trade. Always there is chance and time to win so just try to understand market mood for trading.
 

bigdolly

2nd Lieutenant
Messages
1,059
Personally I find London and NY session overlap as the most profitable for my scalping strategy. Also it depends on your broker if it manages to reduce spreads during busy times.
 

carnelian

Private
Messages
207
London session is the best time for making new entries and London New york overlap is the time to take profits. If you fail to take profits at right time, it can just reverse on you in New york session.
 

fxoday

Recruit
Messages
367
Yes I think almost trader like work in London session overlapping to US session, usually if two-session market overlapping will increasing volume transaction and resulted in higger volatility
 

Joshevans--

Recruit
Messages
20
This is another newbie question and the answer is that there is no right time to trade. The right time to trade is whenever you decide to trade and execute your strategy. While there are time periods with higher liquidity and most of the pros trade the European session it does not mean it is the best time to trade.

It all comes down to the individual, location, preference etc and there is no right or wrong time to trade. Focus on what works for you and stop modeling your trading after the preference of others.
I find that the NY cross over is the best time to trade (between 12pm-4pm GMT)
 
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