Best Times to Trade:

• When two sessions are overlapping of course! These are also the times where major news events come out to potentially spark some volatility and directional movements.
• Make sure you bookmark the Market Hours cheat sheet to take note of the Opening and Closing times.
• You can also use our Forex Market Time Zone Converter which automatically displays which trading session(s) is open in your current local time.
• The European session tends to be the busiest out of the three.
• The middle of the week typically shows the most movement, as the pip range widens for most of the major currency pairs.

Worst Times to Trade:

• Sundays – everyone is sleeping or enjoying their weekend!
• Fridays – liquidity dies down during the latter part of the U.S. session.
• Holidays – everybody is taking a break.
• Major news events – you don’t want to get whipsawed!
• When you just broke up with your significant other because you chose forex trading over him or her. Wait until the next London session instead.

Can’t seem to trade during the optimal sessions? Don’t fret.

You can always be a swing or position trader. We’ll get back to that later.

Meanwhile, let’s move on to how you actually make money trading currencies. Excited? You should be!