Market Hours

I had tell you that the Forex market is a 24 hr. market. And now I will tell how this works and the best day to trade.

Market Hours

Tokyo Open 7:00 pm

Tokyo Close 4:00 am

London Open 3:00 am

London Close 12:00 pm

U.S. Open 8:00 am

U.S. Close 5:00 pm

You can see that in between each session there is a period of time where two sessions are open at the same time. From 3-4 a.m. EST, both the Tokyo and London markets are open, and from 8-12 p.m. EST, both the London and U.S. markets are open. Naturally, these are the busiest times during the market because there is more volume when two markets are open at the same time.

Usually the London session is where is more movement.

Which Days To Trade

Ok, 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. The best days to trade are: Tuesday and Wednesday. Sunday is the lowest day to trade, and that´s because not all the major markets are open yet.

When to trade if you want to loose money

If you are feeling like loosing money here are the best days to do it:

Fridays: This is a good day to trade if you want to loose all the money you did during the week, and that´s because Fridays are very unpredictable.

Sundays: This day is very slow, so you may start trading with negative pips.

Holidays: Banks are close so there is very little volume.

News Reports: No one knows how the market will be affect with the news, so if you don´t know what you are doing is better not to follow the news report.

Can´t trade during the busy market hours

If you can´t trade during the busy market hours, you can change to a different time zone, like London (kidding). That´s when you need a little help, you can invest in a robot trading system that will work for you when you are sleeping or working, go to http://www.forexmegatrion.com. Other way is to use forex signals that will help you trade just when the signals tell you to, go to: http://www.fx-megaforex.com.

Remember is up to you when and how you trade but be sure you get all the facts straight before you beging trading.