Key Times

I remember some time back a member asked if there are key times of the day for trading. Here are some times that I pay attention to for my intraday trading. (All times are EST)
5:00am - Europe and London can start a trend that goes for 30-50p
8:10am - Let those NY boys get fully engaged before doing anything rash
10:15am - Europe anticipates closing and starts taking profits/closing positions
11:15am - London anticipates closing and can slow or stop a trend. I never open a position after 11:00am.

Just something for thought or to watch. Good luck everybody!

Good post Jimy. Usefull info.


JohnFX

I was going to open the thread about it.

I will add something.

I will provide my observation how you can preditc next days move when market closes. For example if rally/collapse is happening during NY time and this move is break out or trend continuetion when Japan joins next day they will follow rather than consider market oversold/overbought. This happened today on GBP/USD let's see if japan follows trend.

Cheers Jimmy

i've always wondered about that.

fx-trader777

I find the Japanese very unpredictable. And I was married to one.

Here is a great article covering the best times to grab pips, http://www.fxstreet.com/images/graf/...tWhenTrade.pdf

Pip Daddy


That link isn't working for me.

Any new news on this thread?

Looks interesting

keen to know the statistic of when daily High or Low will be form?

found this when i was looking into this question

http://mediaserver.fxstreet.com/Repo...8244928268.pdf