Time to Trade !!

The FX market operates 24 hours a day and as a result it is impossible for a trader to track every single market movement and make immediate response at all the time.Timing is everything in currency trading.In order to device an effective and time-efficient investment strategy,it is important to note the amount of market activity around the clock in order to maximize the number of trading opportunities during a trader's own market hours.Besides liquidity,a currency pair's trading range is also heavily dependent on geographical location and macroeconomic factors.Knowing what time of day a currency pair has the widest or narrowest trading range will undoubtedly help traders improve their investment utility due to better capital allocation.Table 5.1 tabulates the average pip range for the different currency pairs during various time frames.


As a short cut,bare in our mind this tools :

1. Asian Session 0700 LT - 1600 LT : best trade at 1200-1400 LT

2.European Session 1400 LT - 2300LT : best trade at 1500LT,2030LT

3.US session 2000LT - 0400 LT : best trade at 2030LT-2200LT

4.US and Europe Overlap 2000LT - 2300LT

5.Europe and Asia Overlap 1400LT-1600LT