Category: 3.When Can You Trade Forex?

Worst Times to Trade: 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!

Unless you’re Edward Cullen, who does not sleep, there is no way you can trade all sessions. Even if you could, why would you? While the forex market is open 24 hours daily, it doesn’t mean that action happens all the time! Besides, sleep is an integral part of a healthy lifestyle!You need sleep to…

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…

Worst Times to Trade: 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!

Unless you’re Edward Cullen, who does not sleep, there is no way you can trade all sessions. Even if you could, why would you? While the forex market is open 24 hours daily, it doesn’t mean that action happens all the time! Besides, sleep is an integral part of a healthy lifestyle!You need sleep to…

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…

Liquidity during this session is pretty thin for a few reasons. Typically, there isn’t as much movement during the Asian session so, once the afternoon hits, it’s pretty much a snooze fest. Zzzzzz. With European traders just starting to get into their offices, trading can be boring as liquidity dries up. This would be an ideal time…

Quick pop quiz! What time of the day are TV ratings highest? If you said during prime time, then you would be correct! What does this have to do with trading sessions? Well, just like TV, “ratings” (a.k.a. liquidity) are at their highest when there are more people participating in the markets. So when is the…

Take note that there will be a TON of liquidity as both the U.S. and European markets will be open at the same time. You can bet that banks and multinational companies are burning up the telephone wires.This allows you to trade virtually any pair, although it would be best if you stuck to the…

Here are some tips you should know about trading during the New York session: