Best Days of the Week to Trade Forex

So now we know that the London session is the busiest out of all the other sessions, but there are also certain days in the week where all the markets tend to show more movement.

Know the best days of the week to trade forex.Below is a chart of the average pip range for the major pairs for each day of the week:

PAIRSUNDAYMONDAYTUESDAYWEDNESDAYTHURSDAYFRIDAY
EUR/USD69109142136145144
GBP/USD73149172152169179
USD/JPY4165829112498
AUD/USD588411499115111
NZD/USD2881988710096
USD/CAD4393112106120125
USD/CHF5584119107104116
EUR/JPY19133178159223192
GBP/JPY100169213179270232
EUR/GBP357481797591
EUR/CHF355555648776

As you can see from the chart above, it’s best to trade during the middle of the week, since this is when the most action happens.Fridays are usually busy until 12:00 pm EST and then the market pretty much drops dead until it closes at 5:00 pm EST.

This means we only work half-days on Fridays.

The weekend always starts early! Yippee!

So based on all these, we’ve learned when the busiest and best days of the week to trade forex are.

The busiest times are usually the best times to trade since high volatility tends to present more opportunities.


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