Best Forex Trading Hours to Make Money

Let's examine the Best Forex Trading Hours to Make Money.  The Forex trading market is probably the biggest financial trading market in the world and you can enter it any time of the day. It is open 24 hours a day and about six days a week which is one big reason why so many people are attracted in this kind of trading. But, that doesn’t mean that you can expect to trade and also make profit any time of the day as the Forex market is not always active. What do I mean by active? The Forex market is highly dynamic because it can have a lot of price swings in a single minute. It can go up or down depending on the supply and demand of things, this is when it is active. You can gain profit in Forex when the market goes up and sometimes when it goes down but it’s very difficult to gain profit when the Forex market is not moving at all or in other words, inactive. Just like in your local market, where there are good times and bad times to buy certain kinds of goods due to sales or price mark-downs to prices; there are also good times and bad times to do trading in the Forex market. That’s why you would want to find out when are the best Forex Trading Hours for you to make your trades. Below we have determined the good times and the bad times, and most of all the best times, to make the most profit out of your trading.

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There are three major markets that you should note for determining the best Forex Trading Hours. They each have different open and close times but their market hours overlap one another and when they do, that would be the best time to do some Forex trading for it is when two of these three major markets overlap, the Forex market is most active. These markets are the Tokyo market, the London market and the US market. The graph below will show the open and close hours of each market.

Forex Market Trading Hours:

Market        Time Zone          EST           GMT

Tokyo          Open            07:00 PM     12:00 AM

                  Close            04:00 AM     09:00 AM

London       Open            03:00 AM     08:00 AM

                  Close            12:00 PM     05:00 PM

US              Open            08:00 AM     01:00 PM

                  Close            05:00 PM     10:00 PM

From the graph above, you can see that the Tokyo and London market overlap from 3:00 am to 4:00 am in EST (8:00 am to 9:00 am in GMT) and that the London and US market overlap from 8:00 am to 12:00 pm in EST (1:00 pm to 5:00 pm in GMT). These are the times when the Forex market will be most active and where the number of transactions reaches its peak. Thus, they are considered as the best Forex Trading Hours to Make Money.

Now what about the best Forex Trading Days? According to our research the number of transactions and market movement is at its highest when the London market overlaps with another major market. Our research shows that the movement of all the major currency pairs is at its highest during the middle of the week, Tuesdays and Wednesdays to be exact. So these are the days when it would be best to do some trading, thus they are considered as the best Forex Trading Days, but what about the bad or the not-so-good to trade days? Our records show that market movement slows down after 12:00 pm Friday in EST (10:00 in GMT) that’s why the Forex market is usually half-day on Fridays in the US. It also shows that market movement is low during Sundays, Holidays and whenever there is a tragic news event like a catastrophe or a disaster.