So, when should one consider trading and why? The best time to trade is when the market is the most active and therefore has the biggest volume of trades. Actively traded markets will create a good chance to catch a good trading opportunity and make profits. Live Forex Market Hours Monitor:Reviewed, improved and updated on August 24, 2012. USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active. At those overlapping trading hours you’ll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market. Market Hours Monitor to identify trading sessions.
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Forex trading is a high risk investment. All materials are published for educational purposes only. To keep with the recent trend price action was again volatile during the New York session. GBPUSD rose sharply and then fell on the back of worse than expected Durable Goods data coming out of the US.