Best Time For Forex Trading

Forex markets are open 24/5 all the time but every hours could never be an ideal for your trading style.You must select a suitable time to trade in.We will provide you an guideline about Forex timings and when to trade.

There are few hours in Forex exchange when the markets are having the maximum liquidity. It means that the currencies move a lot up/down during this specific timing.Tuesday to Thursday markets are more volatile and currencies tend to move largely but on Monday and Friday there is a slow process usually.

As per Pakistan standard time, Markets are more volatile when London and New york markets are in action(6pm-9pm)The maximum traders around the world are online between 6pm-9pm and currencies make bigger movements.The Australians and Asian markets tend to move slowly(3am-10am PST).

If you are starting trading with a low budget,then you must eye the markets after 9pm as there is a slow movement,currency trends are set.The direction of currency trend is set as most of the news are out before 9pm and the traders are clear to move the currency in a direction.Remember one thing that usually between 8.30pm-9pm,the currencies move opposite to the set trend.During this time,London market is getting closed and maximum traders are locking their profits while closing the market.So,temporarily the currency goes opposite to its trend during 8.30pm-9pm but then it returns to its original track.

You are always to get assured that what was the trend before 8pm for the particular currency and how it is behaving between 8.30pm--9pm.Then after confirmation of trend again after 9pm,you should go along the trend.It will increase your luck and chances to gain maximum profits