Best & worst times to trade

I would like to know what are the best and worst times to trade if any. At a particular time, what should one look out for (ie reversals or trends)?

Thanks.

I think 8 to 12 am ET is the best, followed by 3 to 8 am ET.

worst...holidays. lol

Most would say the best time to trade is 2am-11am eastern, and things really start cooking around 8am when NY is warming up. This is when London and NY are both trading at the same time. Many would say trading outside of 2am-11am eastern is a waste of time. I like the off peak hours.

The best time to trade is when you are winning.

The worst time to trade is when you are losing.

Please can any one explain for me what is whipsaw?

yep i agree. 8-17 (europe time) is the best in my opinion. there is the most action in the market

whipsaw is then it shoots up in pips.....then the next candlestick or so shoots down further to stop you out.

thanks for the responses guys. I was just curious about something though. Are there any patterns that you guys see when you trade at these hours? for example, when the european markets open, do you see that the european currencies strengthen? That goes for the other markets.

thanks.

The only thing you'll notice is that volitility increases, starting about 7 AM GMT. London morning session does seem to be soomther then New York morning. Less whipsaws, more trends.

so basically the best trending times are approx. 2am EST (When the european markets open to a little after new york opens, maybe 10am to noon EST as said by some ppl here. ok great.

What about the relation between the market and the currency. for example, when new york opens, do you typicall see a strengthening of the USD or does it continue from the previous nights trading from the asian markets.

thanks.

Best times to trade?


You can trade news and catch the big waves.

You can trade the Asian market and trade the bounces.

Anytime the market is open is the best time to trade.

It's all about timing.

Understand, Mate?

The best time to trade is : When your system has told you to . PERIOD !

Well I determine the system so that can float around, I think the proper answer is best time to trade is when you feel it

i say the best time to trade would be 3am to 5pm

FOREX TRADING HOURS.

Sydney opens at 5:00 pm to 2:00 am EST (EDT)

Tokyo opens at 7:00 pm to 4:00 am EST (EDT)

London opens at 3:00 am to 12:00 noon EST (EDT)

New York opens at 8:00 am to 5:00 pm EST (EDT)
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best time to trade is right at the NFP anouncement =)

from 2014 to 2006
best time when you want
worst time when you should

I mainly use the daytime for trade. During the European and American session.

There are no Best & worst times to trade, because you are dealing with a gambling system.

If you waste your money in FOREX, you will lose it soon or late. You cannot predict the future.

Stop trying to find systems, strategies or something. You can't predict the future. Indicators are lagging big time.

The whole financial market is managed and manipulated by the Market Makers, they have always been and will always be the owners of the financial market.

There are no secrets here. We all know 99.6% of people lose money in this scheme called "FOREX".

Of course you won't listen to me, and you will keep trading until you lose it all and quit.

The worst of all this, is that all that people that lose it all never come back to the forums to report and complain about this scheme, saying that they lose it all.

Nobody comes here to say that. Cowards.

It's identical to the Casinos Forums, you don't see people going to the casinos forums to complain that they just lose it all to some online casino game.

And we KNOW that over 99% of people lose their money in CASINOS long term and that the House always win. It's mathematical. It's a Fact and we all know it.

But still, you don't see Gamblers complaining when they lose it all.

That's the same mentality as these so called "Forex Traders". They are all gamblers. There is no doubt about that.

Recently I started noticing that the price behavior in first hour after the open (european, London, New York, Asian) seems to follow similar patterns. But this is different for some pairs. GBP/JPY is really strong on the London open and the EURUSD is doing interesting things on the Frankfurt open. Just something I am now paying more attention to, also on a few other pairs....

Worst time Vs Best time after you have diligently analyzed the market ....

Here is how to decide:

The worst time = the perfect setup
Best time = the worst setup

or

The worst time = the worst setup
Best time = the perfect setup

Good luck (: