Forex Market Hours: Most Profitable Time To Trade Forex
Want to know what hours of the day the Forex Market is open for trading? Well the Forex Market is open 24 hours a day. This is one of the advantages the Forex Market has over the Stock Market.
But that is not probably the answer you were looking for. You probably would like to know the most profitable hours to do Forex Trading and when you are less likely to suffer a loss in the Forex Market. Relax as I show what the most profitable time to Trade Forex is.
The basic Forex Market Trading Hours grouped according to the region of the world that is opened for business are listed below:
- European [London] Session - 3 a.m. – 12 p.m. (Eastern)
- U.S. [New York] Session - 8 a.m. – 5 p.m. (Eastern)
- Asian [Tokyo] Session - 7 p.m. – 4 a.m. (Eastern)
[Please note that there will be some time adjustment during April and November]
Now if the European Forex Market session starts by 3 a.m. (Eastern) and is active until 12 p.m. (Eastern), and the U.S. Forex Market Hours are between 8 a.m. (Eastern) and 5 p.m. (Eastern), then an overlap between these two market hours will occur by 8 a.m. (Eastern) when the U.S. Market session has just begun up until 12 p.m. (Eastern) when the European Market session will end. Between 8 a.m. and 12 p.m. (Eastern) is the overlapping time of the European and U.S. Forex Markets.
These overlaps can be described as the hours when two regions of the world are vigorously trading the Forex Markets. Note that the overlap also occurs between the European/Asian Markets. During these periods of overlap, a great deal of volatility and movement exists in the Foreign Exchange Market.
If you are an experienced trader then trading during session overlaps will be a great idea.
So When Is The Most Profitable Time To Trade Forex? This question can not be directly answered because Forex Trading is not based on time rather it is based on Opening and Closing of PROFITABLE TRADES. Anytime could be profitable in Forex Trading, however you can get a little help about the best/most profitable times to trade from a Forex Market Expert Advisor Program (Automated Forex Trading Program). There are several Expert Advisors available today but the reliability of most of them, are nothing to write home about. If you need a Forex Expert Advisor you can click here to check out FAP Turbo.
In the Forex Market massive moves are unpredictable even when the market is quiet you can still make lots of money if you know what you are doing.
The Forex Market is a potential goldmine if you have carefully studied the market. Sadly as humans even after studying the market for years we can still make some very costly emotional errors (errors due to our instincts). Notwithstanding there is a way out of emotional errors which you can find out at FAP Turbo Review.
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