Forex Trading Expert Advisors (EA or automated trading system) and Custom Indicators (CI) for MetaTrader Platform.

Forex Timing

If you have watched the film Frozen, you should know what it likes to be frozen in time. You might think why we have brought such a topic in forex understanding when we are saying it is open 24 hours. But it is for your own good. Because there is a time you should trade to make money with the market movement, here up, and you shouldn’t trade with the market moving down.
And at times, there will be time, when the market will be frozen in time and will not move. It is just like as if Elsa had used her superpower on Forex market. It might be hard to digest, but it does happen in Forex. That is why it is important for you to know when you should trade to make money.\

Forex Trading Hours

The forex market has major 4 trading hours. They are the Tokyo session, the New York session, the Pip crawler’s favorite time to trade and the Sydney session.
Each of these 4 major time zones is divided into two sessions. the summer and the Winter.
Here is a chart for you to familiarize yourself with the time zone of Forex Trading Hours.


Figure: Summer Time Zone


Figure: Winter Time Zone

The openings and closings of these time zones are their local times. If you look closely, you will find that there is a time when the two sessions overlap. In summer, the Tokyo and London session overlap, whereas in Winter the London and the New York session overlap.
When two markets are open, it is very profitable to trade in Forex as more money are transferring from hands. It is also the daytime for business dealers, which makes it the rush hour for money making in Forex trading.

This is the starters for your Forex trading hours. Trading in the forex also involves the movement of pips.
It is not important that you only look at your forex trades and do not trade at other times. In fact, Forex is not that simple. It also involves the movement of pips in the trading session.

Here is a chart which will show you how the major currencies moves in the trading hours of the forex in average


Figure: Average Pip movement in Forex trading hours

You can watch it on the table that, European sessions are most likely to give you the best possible pip movement in average.As a trader, you should always be aware of the forex timing since it will allow you to execute the best trades in the market.

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The best trading time varies from person to person according to their trading plan. For me I trade mostly in New York session. For my trading I am using FXPM as it provides tight spreads and instant trade execution.

Timing is quite important in this field. It's also important to find a reliable company to trade with and be sure you'll get what you want. I personally prefer working with https://www.ratingfx.com/instaforex  platform as they have positive reviews and allows a wide choice of services.

I trade forex waiting for European and American market hours, because the transactions are very high, I usually trade in several currencies such as GBP, EUR, and USD.

Reason of when you should trade in forex depends from person to person. Some join to earn profit while some trade because they are passionate. One should only make sure to when they enter forex that they have to trade in forex with focused mind and always with a learning attitude.

When should you trade would depend on firstly when you're free and that depends on whether you;'re a full time trader or a part timer and secondly it depends on the market volatility, the pairs you trade and their trading plan.

I also prefer manual trading to use forex robots which we always have to monitor. So I prefer trading that is not full-time because it makes me exhausted both physically and psychologically because it is not good to look at charts all day long.

Its completely depends of your strategy and convenience, FOREX is 24*7 job one can trade anytime but should do it wisely.