Best time to trade

Eryk Martin

Recruit
Messages
177
Avoid trading during the market opening and closing hours, also a newbie may avoid trading on Fridays. Also trade in between the session, not immediately when a session is opening or closing.
 

Donovan.CC

FP Markets Multi and Spammer
Messages
20
It depends on you. If you are looking for volatility, try Ny and London trading, but it is better to analyze your efficiency during the day and decide what period is more convenient for you to trade.
 

sarah2701

Recruit
Messages
94
Avoid trading during the market opening and closing hours, also a newbie may avoid trading on Fridays. Also trade in between the session, not immediately when a session is opening or closing.
Why should a newbie avoid trading on friday? May I know the exact reason?
 

Kirstysingy

Recruit
Messages
61
Would massively depend on what currencies you like/prefer to trade as this will most likely confirm for you when best to trade
 

Keithstyles1

Private
Messages
143
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.
enter the market when the market starts to open
 

ViPaTel

Private, 1st Class
Messages
63
Avoid trading during the market opening and closing hours, also a newbie may avoid trading on Fridays. Also trade in between the session, not immediately when a session is opening or closing.
Right things. But if you want to see unbelievable spreads you can try to trade during the marker closing minutes. You will be surprised how wide it can be
 

fxoday

Recruit
Messages
587
Yes, it's based on us how to determine the trading days, because we can make planned trading then forget it, is a popular term called set and forget, this plan may be for long term with a pending order, stop loss, and taking profit, it's not required always in front of the screen.
 
Top