Most traders choose to trade during the mostĪctive trading hours. Organizing an optimal trading schedule may increase your trading results. You can see the detailed schedule for the major Thus, roughly speaking, the most profitable time for trading (especially when itĬomes to EUR/USD and GBP/USD) is from 3 to 6 pm (GMT+3). The North American trading session opens at 3 pm, and theĮuropean session closes at 6 pm. Start in the afternoon in the East African time zone. Thus the favorable trading hours (the overlap of the European and American sessions) High volatility provides you with better opportunities for profit, but it does not guarantee the profit itself.Įast Africa (Kenya, Tanzania, Djibouti, Madagascar, Somalia, etc.) is in the GMT+3 time zone, which means that it So, mind your trading instrument when you choose time to trade. GBP/JPY is another major currency pair that might also trade better during the AsianĪnd European sessions. For example, the NZD/JPY currency pair might make you trade during the early hours of the morning when In case you trade a currency pair without the dollar in it, shift your trading schedule to the hours of anotherįinancial center. All these factors guarantee increased volatility in the market. Second, the most important economic data is released at the same Large institutions exchange money during those hours. Firstly, there is high volatility because Trading takes place during the overlap of the European and American sessions. The fact that the market is open 24 hours a day doesn’t mean you should trade any time you want. Up, the major European financial centers like Zurich, Frankfurt, and London start to trade. Trading begins early in the morning in New Zealand and Australia, then Asian markets join in. Because of the variety of time zones, trading activity is different in different parts of the world at a particular time
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