What are the best forex trading hours?
Answer:
The best time to trade the forex markets is between 9:00pm and 12:00midnight ( local ). These are basically the hours of the London market with the last 3 hours being in overlap with the US market. This is the time when the most traders and biggest banks are in the markets making their trades. It is widely considered the most profitable time to trade.
Btw during this window period the cost of the trade - the spread ( in pip ) is also the smallest, meaning cheaper to trade.
guessed the whole ball game for forex trading is.....volume and the direction of the trend.
ReplyDeleteShit....can't get the best trading time right too hahaha.
ReplyDeleteI'm bad with the different time zones thingy!