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  1. #1
    Junior Member

    Best Time of the Day to Trade !!!

    http://media.dailyfx.com/illustratio...dy_Chart_3.png

    Base on this graph that I have seen somewhere in the internet, what is the best time of the day to trade? Does this one require you a particular time zone? Or does trading in every part of the day will be helpful, I heard that timing means profitability, so how does this two things correlate?

  2. #2
    Active Member
    I like trading on market opening & closing hours, but every market have it's own times. I personally like to trade when there are a lot of movements, but if you really want your question to be answered - please tell us what assets are you trading and what type of trader are you?

  3. #3
    Specialist Member marvel's Avatar
    Quote Originally Posted by ronerown View Post
    http://media.dailyfx.com/illustratio...dy_Chart_3.png

    Base on this graph that I have seen somewhere in the internet, what is the best time of the day to trade? Does this one require you a particular time zone? Or does trading in every part of the day will be helpful, I heard that timing means profitability, so how does this two things correlate?
    It depends on a number of factors so it couldn’t be told one single answer to your question ronerown. If you are short term trader entering and exiting the market in a matter of minutes probably you will like to trade in greater volatility times, like during the London session. If you are trading weekly and monthly charts you could prefer the end of the day time to make your analyzes and enter into your positions. If you like calm markets it is best to trade during Asia session. You have to be aware of several most important moments London Open and Close time and also New York open and close hours. Also US stock exchange working hours are important to know. Timing means more selecting the proper moment to enter depending on the price fluctuations not only based on the market hours. So this is a part of your trading decision making to time exactly the moment of your trade and to not enter premature or late in the setup.

  4. #4
    Specialist Member LesterK's Avatar
    I prefer trading during the US market hours, that’s not only because I live in USA and actually sleep during the early European and Late Asian Sessions but also because the market is more predictable during these hours. When I wаkе up in the morning I already have some data to look over and could make some decisions based on what happened in European session. The sentiment during European session is very important clue for the later market moves.

  5. #5
    Junior Member
    Good topic. As stated, no one answer. I would tend to lean toward what strategy best fits the time frame because there are good strategies for each type of market. A no trade decision is as valid as any other strategy. Knowing what the market is doing at the time frame of interest will make a big impact on how your trades go. I would say this depends on what your are comfortable doing.

  6. #6
    Junior Member
    Thanks for all the answer

  7. #7
    Solid Member
    The Asian session is usually a slower time to trade. Sometimes you will get a good move, but it won't happen every time. Does this mean you can't make money trading the Asian session? Absolutely not! Some people have gotten so good at squeezing relatively safe pips out of the quiet market that they load up a lot of money on a few trades and make a killing!

  8. #8
    Senior Member raymond09's Avatar
    Binary trading and its chart always get moves. you can make trade anytime when you wish ( without weekend days). But most of the time, people don't know when they should open trade. You’ll see that some time market moves a lot without any notice. it depends on countries market opening or closing schedule. Best time of the trading,
    NY Market opening and Closing time.
    Europe Market opening and closing time.

  9. #9
    Junior Member anderson's Avatar
    Quote Originally Posted by crimson69 View Post
    The Asian session is usually a slower time to trade. Sometimes you will get a good move, but it won't happen every time. Does this mean you can't make money trading the Asian session? Absolutely not! Some people have gotten so good at squeezing relatively safe pips out of the quiet market that they load up a lot of money on a few trades and make a killing!
    That’s right crimson69! I am also trading mostly during Asian session. It has some tricks and specifics, but finally it gives a lot of potential for high probability trades. The moves are small in magnitude but much more predictable than the movements during European session, where more money flow is in the market.

  10. #10
    Legendry Member willyw's Avatar
    Quote Originally Posted by anderson View Post
    That’s right crimson69! I am also trading mostly during Asian session. It has some tricks and specifics, but finally it gives a lot of potential for high probability trades. The moves are small in magnitude but much more predictable than the movements during European session, where more money flow is in the market.
    I usually trade the USD/JPY during the Asian session. It has moves that are predictable and could catch some good moves. But have to beware of the BOJ!!!!!

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