Best time to trade forex?

[KajolThappar]

Except for weekends, there are no best days to trade. Any day is as good to trade.

I manage funds in forex trading, and in my experience, I find that period before the European markets open to be most profitable.

[goldie123]

During the middle of the week is where the most movement is seen on all 4 major pairs. Fridays are usually busy until 12pm EST and then the market pretty much drops dead until it closes at 5pm EST. This means we only work half-days on Fridays.

[Sattvinder]

i think every day is good for trading if you use some EA. good trading is not about the day you trade but about the strategy you use.

[henryduncan12]

I think if you are smart enough with good strategies then you can deal with every transaction and you can even achieve something better.

[ctech]

Originally Posted by henryduncan12

I think if you are smart enough with good strategies then you can deal with every transaction and you can even achieve something better.

It's true, however i want to say smart guys also need to be self-desciplined to follow their own strategies. market is full of ups and downs. risk control will be a challenge all the time.

[henryduncan12]

Originally Posted by ctech

It's true, however i want to say smart guys also need to be self-desciplined to follow their own strategies. market is full of ups and downs. risk control will be a challenge all the time.

Yes, controlling risk is a big challenge for all traders, small to big size traders. Therefore I follow some trading strategies that help me to minimize risk.

[edwarddevis]

There is not any specific day for Forex Trading. If you want to collect latest information on Forex so you should find about on the web. You can get lots of useful information there.

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[solochris]

Originally Posted by KajolThappar

Except for weekends, there are no best days to trade. Any day is as good to trade.

I manage funds in forex trading, and in my experience, I find that period before the European markets open to be most profitable.

Some traders prefer not to trade on Mondays and Fridays because of the weekend market closure. Only traders using very low time frames will have reservations about trading on Mondays and Fridays.

[RichRicher]

Originally Posted by solochris

Some traders prefer not to trade on Mondays and Fridays because of the weekend market closure. Only traders using very low time frames will have reservations about trading on Mondays and Fridays.

Very true indeed.

[orni308]

Choosing a time frame is upto the trader, there are various traders some are professional other are part timmers.

[mocharifin]

Originally Posted by solochris

Some traders prefer not to trade on Mondays and Fridays because of the weekend market closure. Only traders using very low time frames will have reservations about trading on Mondays and Fridays.

I think that trade in friday is risky, how if your order in loss position and market closed??
it will be more danger for your account. you can't change its parameters.

[goldtrader]

forex market is the best place for investment. we can invest to account and trading. we can get money with trading and investment. i have more benefit with this market.

[samuelp80]

Originally Posted by mocharifin

I think that trade in friday is risky, how if your order in loss position and market closed??
it will be more danger for your account. you can't change its parameters.

Its safe sir, when the market closed, it will continued in next monday when market start to open. I also have experience like that when trading with Liteforex. its start and continue.

[BubbleGum]

In my opinion, For most forex traders, the best time of day to trade is the Asian trading session hours.