hermes Posted January 7, 2014 Report Share Posted January 7, 2014 I will start topic which is not much discussed between traders but there are huge opportunities in trading The Best Hours in Forex. The best hours for trading are between 7-10 GMT (2am-5am EST) and 13-17 GMT (8am-12am EST). The most volatile pairs (good for Renko trading) are GJ, EJ, AJ, GCH, ECH, and GU. Volumes increase during overlaps: Overlap Asia/Europe 07:00 - 10:00 GMT. Overlap Europe/US 13:00 - 17:00 GMT (winter times). Between 13:00 and 16:00 GMT volume of EU, GU, UCH, and ECH are at maximum. Between 2:00 and 7:00 GMT in the morning high activity during Asia and Australia overlap. Most commonly used Time Frames at MT4: M1-M5-M15-M30-H1/60- H4/240-Daily/1440-Weekly/10.080 and very confusing which numbers we should use for Monthly hours. Month could have 4 variations: 28 days (40.320), 29 days (41.760), 30 days (43.200) or 31 days (44.640). Which one of the 4 is proper? Think that Forex trades only 5 days a week that's 20 days a month. Door open to discussion! Cheers Hermes darter, palshq70, alazif and 2 others 5 Quote Link to comment Share on other sites More sharing options...
hermes Posted January 8, 2014 Author Report Share Posted January 8, 2014 http://wikisend.com/download/573754/The best hours for trading currencies.rar Here is the Bible for best trading Forex hours. Cheers Hermes palshq70, lapa70, Gambler67 and 4 others 7 Quote Link to comment Share on other sites More sharing options...
palshq70 Posted January 9, 2014 Report Share Posted January 9, 2014 IMHO trading fx is like a **********, since you can find a trade anytime day and night. need to be ready. alansim 1 Quote Link to comment Share on other sites More sharing options...
hermes Posted January 10, 2014 Author Report Share Posted January 10, 2014 IMHO trading fx is like a **********, since you can find a trade anytime day and night. need to be ready. But sometimes you need also to sleep, you cannot be 24 hours on watch! Cheers Hermes palshq70 and puiu288 2 Quote Link to comment Share on other sites More sharing options...
mtuppers Posted January 18, 2014 Report Share Posted January 18, 2014 however if you live in Asia then you can do it better then other area in the world. why? morning Asia Session afternoon around 3pm euro Session. night around 8pm American Session. time may be different but at less that is best time to do trades in Asia. Quote Link to comment Share on other sites More sharing options...
CashManic Posted January 18, 2014 Report Share Posted January 18, 2014 however if you live in Asia then you can do it better then other area in the world. why? morning Asia Session afternoon around 3pm euro Session. night around 8pm American Session. time may be different but at less that is best time to do trades in Asia. Ahhh now I know why most of my Asian associates/partners best me in profits every bloody month playing the Forex markets.:P Here I was thinking they probably used some mystical trading book like Zen and the art of trading or something ~X( tryitagainmf 1 Quote Link to comment Share on other sites More sharing options...
juicyt Posted January 18, 2014 Report Share Posted January 18, 2014 In Australia, trading 4hr or 8hr charts can easily be done successfully if you look at the charts around 7pm (after work for example) & 9pm (close of 4hr candle). That will do it. 7pm trades move faster. 9pm trades you can go to sleep and wake up and manage it next morning. jt Quote Link to comment Share on other sites More sharing options...
hermes Posted January 21, 2014 Author Report Share Posted January 21, 2014 Trading with Daily TFs in Asia could be the better way because of less noise. Scalping could be very annoying at Asia. Cheers Hermes Quote Link to comment Share on other sites More sharing options...
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