Trading during less volatility

[sheetal]

Hello friends,

It may be a silly question however, I would like to put it forward. It's late at night here. And the time is approx 3/4 hours prior to the Tokyo open. I trade off the 1H (and the 4H) charts and categorize myself in day trader category. So, what my question is:

Is it okay to trade during the less volatile hours? My 1H charts has given off signals. But right now today (Feb 03, 2010), I see the volatility in GBPUSD and EURUSD has dried up (time is approx 3 hrs prior to Tokyo open). Moreover, today I observed that there was less activity in the market. Do I act on them or just skip to the next?

Thanks

-- 03 Feb 2010, 11:22 --

Am I hallucinating?? The market is still low in volatility! Could anyone please give me some idea is there any sort of big event happening?

[Cyrillic]

If you are looking for high volality don't trade Asian session, period. However you could always find some action in aud crosses, as well as jpy during big news releases eur/chf and eur/usd moved big during asian session today for example. Hope this helps.

[SweetyGirl]

This is good time for scalping I guesss, at least I know many people doing this during Asian session