If you are trading Forex on Expert Option, these two aspects are of great impact to your trading success;
- The time which you choose to trade.
- The Currency pairs you choose to trade at that particular time.
Basically, there are Four Major Forex Sessions that all start at different times and run 24 hours 5 days a week;
- New York
Depending on your time zone, each market is open during the Morning, Afternoon, or Evening hours.
If you would like to benefit from the right market conditions, timing when a particular market is open is important.
You will choose if you prefer trading when the markets are highly volatile or when the markets are averagely volatility. For either of the option you take, there are specific trading windows to utilize and trade profitably!
Every currency is connected to their country’s economy.
If you prefer trading when volatility is high, choose a time interval when the financial markets of the countries connected to the currency pair you are trading are Open! Similarly, if you prefer small position trades, you can trade when the currency pair is less active!
Times When Forex Markets are Open.
Each of the Four Major Forex/Currency Markets is open for 9 hours. The good thing about them is that some overlap with others making the Forex market a seamless platform for profitable trading. For example, the London Market overlaps with both Tokyo and New York Markets!! This makes the Forex Markets run 24 hours 5 days a week, providing many opportunities to make profits!!
The Currency markets are open during the following times;
- Sydney Session – Open from 9 pm to 6 am GMT.
- Tokyo Session – Open from 11 pm to 8 am GMT.
- London Session – Open from 7 am to 4 pm GMT.
- New York Session – Open from 12 pm to 9 pm GMT.
Choosing the Best Trading Hours in Expert Option.
Each Individual Trader in Expert option has the time to trade which suits them and their trading strategies.
Some prefer trading in the morning, others in the afternoon, while still others prefer to trade at night!
Let us deal with each cohort of Traders separately.
Morning hours to noon Trading (5 am to 12 pm) – Here, Sydney, Tokyo, and London Sessions are Open.
This means that traders who prefer Currency pairs with high Volatility can trade;
Those who prefer Currency pairs with average volatility can trade;
Afternoon hours to Early evening Trading (12 pm to 7 pm) – Here, the New York Session is Open.
Traders who prefer high volatility Currency pairs can trade;
Traders who prefer average volatility Currency pairs can trade;
Late evening to Early Morning Trading (7 pm to 5 am) – Here, the Asian Session is Open. (Sydney and Tokyo Sessions).
Traders with a preference on high volatility Currency pairs can trade;
Those who prefer average volatility Currency pairs can trade;
Do you want to make awesome profits trading Currency Pairs in Expert Option today?
Identify a time interval that suits you and your trading strategies best and utilize it!!
From our discussion, the Markets are most volatile during the Afternoon to Early evening trading sessions (12.00 GMT to 19.00 GMT). That time interval offers the best trading window. You can utilize it.
However, traders who may not make it to trade during that time interval have a wide range of other time intervals to utilize. After all, not all traders prefer high volatility Currency pairs.
Some prefer Currency pairs of average volatility. Each trading session has Currency pairs of both high and average volatility.
We have learned the various time intervals which you can utilize for profitable trading in Expert Option.
Choose the one that best suits your trading strategies and enjoy profits after profits!!
Points to Remember on Trading Hours in Expert Option.!
- Each Individual Trader in Expert option has the time to trade which suits them best!
- The Markets are most volatile during the Afternoon to Early evening trading sessions (12.00 GMT to 19.00 GMT)!
- The time you choose to trade and the currency pairs you trade at that particular time is of the essence!