Forex trading - best time

Hello,
I would like to ask you ladies and gentlemen, which - in you opinion - are best trading hours ? I heard from my mate, proffesional trader, that he is trading only from 8:30 to 11:00 and from 14:00 to 16:30 [GMT+1 time] because he has the best trading results these hours. What are your opinions about this ? What hours do you usually trade ? And why ?

Regards, pretorian1

Hello everybody, yes this is a very good question, as a fellow rookie trader I have also been trying to get the answer to this. Someone please help us here!

New account, around here since 2006ish, trading for almost 10 years.

The best times to trade are on market open times in the US. 8-11am EST and closing times 230 pmEST and 4pm EST.

8ish because of news releases and market opening (stocks, oil etc)

11 am 'fix' - US and Euro trading coincides as the euro traders are closing out trades overlapping the US session. Sometimes 12pm EST as it is lunch time and big traders will try and send off orders with a lower amount of traders involved. 215 around FED times etc. Closing time 4pm EST ish because of close out trades.

Personally, If I cannot make my $ from 9am EST to 12pm EST, there's nothing else to do for the day. As you ask the best times to trade you must be short term, and in the times described, this is where volatility is highest which is a short term traders best friend. Note: this doesn't mean trading on news announcements, only after.

This depends more on the individual..there's no set time for optimum trading but usually the open and the close should see some volatility..

The best time is when you see your trading system giving you the signal. However, i have noticed more profit between London/US session.

i think, best time to trade depends on what pair you trade and how you trade. for example, eur/usd during asian market tend to be calmer than during london/new york hours. it may suit some people, but others may choose another time.

3am GMT: Mid Asian- when most of Japanese and Australian Fundamentals are released , up to 4Pm GMT, after most US news are out

Since you live in Europe, IMO from the Frankfurt Open (7am GMT) and then the London Open (8am) you will find the most movement in Eur / Gbp contracts for intra-day trading.....look at the bottom right of the Home Page and you will see the session times and overlaps....

Following you, buddy.

Agreed.

These hours declared are for the most active trading opportunities to be realized.

permitt to join

learn to write on english
learn to read all about forex
learn to make Trading system
learn to know how price on forex pairs move

Just newbie

http://fxtrade.oanda.ca/analysis/market-hours

I think best time to trade is when Market Tokyo, London, and New York just open to follow trend, and several minutes before they closed to counter trend. Haha... Just newbee idiot opinion

The best time for me is when after the London market open.

London market open till US market closes

My best time is after Tokyo open until before New York open

I think that really depends on one’s time zone and their sleeping and waking hours. There’s no one size fits all answer to that question. Regarding my personal preference, I like the London session the best.

London and NY time is higher volatility time

So is Tokyo, if one is awake during those hours.

A very difficult question to answer since it is inexplicably linked to the type of strategy being employed ie with respect to required volatility.

3AM GMT to 5PM GMT (great for scalping) > add one hour during DST

From 3AM GMT: end of Sydney session & mid of Tokyo session
through Frankfurt & London sessions
Up to 5PM GMT: mid of New York session

take attention with high impact news from 6PM GMT to 1:30AM (US Fed rate, NZD news, AUD news)