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What the best trading hours?

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jackwilliams
28
jackwilliams  

Hello Everyone, I beginner on forex trading.

Please I want to know what the best trading hours on currencies pairs?

Recommendations?

Pre Thanks, Jack.

Widy Prasetyo
473
Widy Prasetyo  
jackwilliams:

Hello Everyone, I beginner on forex trading.

Please I want to know what the best trading hours on currencies pairs?

Recommendations?

Pre Thanks, Jack.

Depends on your System Trading. Some people say morning (Australia & Asia market hour) is good time for JPY, other said night (US market hour) also good for scalping USD.

But for me, best trading hours is when market have clear volatile.... for any pair, any time.

jackwilliams
28
jackwilliams  
widhie75:

Depends on your System Trading. Some people say morning (Australia & Asia market hour) is good time for JPY, other said night (US market hour) also good for scalping USD.

But for me, best trading hours is when market have clear volatile.... for any pair, any time.

Thank you on your answer.

Can you let me know how you know when the market have clear volatile for example for usd/jpy? 

Widy Prasetyo
473
Widy Prasetyo  
jackwilliams:

Thank you on your answer.

Can you let me know how you know when the market have clear volatile for example for usd/jpy? 

Try to look at smaller TimeFrame, M5 - M15

if you can see high-low & price move without much whipsaw, then it's clear volatile.

Shohug Shaheen
1265
Shohug Shaheen  

Give attention to your trading activity during the trading hours for the three largest Market Centers: London, New York, and Tokyo. Most market activity will occur when one of these three markets open.

jackwilliams
28
jackwilliams  

I understand.

Thanks For All.

ShredingerCat
8
ShredingerCat  
You  have to see on the spread also. When we have Australia and Asia open market the spread is very large in many dealing centers. So the best practic is using time when the spread is  little.
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