More about Forex trading times

Following on from yesterday's post, there's one important thing you have to remember.

During each trading day, overall Forex volume (the higher the volume, the greater your chance of finding more trade opportunities) is determined by what markets are open and the times each of these markets OVERLAP one another. With each passing second, minute and hour, Forex volume remains high, but peaks highest when the Asian market (including Australia and New Zealand), the European market and the U.S. market are open at the same time (actually only two of the major markets can overlap at the same time).

Here's the breakdown of Open Market Times (the times each country's exchange-traded markets are open. (Remember: exchange-traded instruments, such as foreign exchange futures, stocks, bonds, etc. adhere to the traditional exchange trading hours):
New York Market trade times: 8am-4pm EST
London Market trade times: 2am-12 Noon EST-
Tokyo Market trade times: 8pm-4am EST-
Australia Market trade times: 7pm-3am EST

(The first three are "Majors")

You will notice that there are two periods when two of the major markets OVERLAP in trading times: between 2am and 4am EST (Asian/European) and between 8am and 12 noon EST(European/N. American). Generally, the markets tend to make their biggest moves during these overlaps and, therefore, the overlaps are usually the best times to trade.

Easy-Forex has a global reach so you can log on and trade at absolutely any time in the 24 hours. It's important to know when the best times for trading are, but whatever time it is, there will be some markets open somewhere. Easy-Forex will give you more help and guidance through their personal tutorial system. And you can learn more about Forex in general at
http://www.bizwrite.co.uk/Forex/forexindex.html