Most of us have learned that Forex Trading is a 24 / 7 market, and it's
possible to trade all hours during the day and night. What you haven't learned
will kill your success. Ignore any idea of forex trading whenever you want. To
become a successful trader you need to know when and why to trade during
particular forex trading hours. This document will educate you on how to pick
the right time to trade forex.



Forex is really a Foreign Exchange spot market in which traders meet to trade
currencies. Forex is the biggest, most volatile market, and possesses probably
the most liquidity from any market. Every single day 1. 8 trillion dollars are
traded in the forex market. This certainly is not a game for little kids! The
biggest players in Forex are large major banks. It's the banks that you are
competing with, and it is the banks that move the forex market. Real-time Forex
trading is a ability that takes time to master.



You are competing against Ivy League whiz kids and automated trading systems.
If this intimidates you, take up bridge at the senior citizen center, and try
your chance at something safe like government bonds --- Forex Trading is for
those who aren't afraid to take risks. No risk, no reward! Live Forex trading is
a virtual game of hide and seek: The big banks and your fellow traders are out
to get you. Forget about the good results you've had in demo accounts, real time
Forex trading is definitely an entirely different ball game. Take some time
reading this



When is a good time to trade Forex? The biggest joke that is played on new
Forex traders is the myth that Forex Trading can be profitably traded at all
hours through the day. It is a big disservice to newbies because they wind up
trading at the most unprofitable times of the day. Live Forex trading isn't
really twenty four hours. Let's learn when you should trade.



The ideal Forex trading hours are when there is an overlap between two major
sessions. The major sessions are:



New York starts at 8:00 am to 5:00 pm EST



Tokyo starts up at 7:00 pm to 4:00 am EST



Sydney opens at 5:00 pm to 2:00 am EST



London starts up at 3:00 am to 12:00 noon EST



The absolute best time for you to trade is during the time when the New York
session and London session overlap. For individuals on the east coast of the
United States, it is between 8 am EST and 12 pm EST. This overlap in sessions is
when much of the major action occurs, and it is where most intraday forex
traders should trade. During this time, it isn't odd to seea currency pair like
the EUR/ USD move 100 pips. If your goal is to do any kind of day- trading, do
it during this overlap. The hour prior to Asian session ends overlaps with the
start of the London session (3 am to 4 am); this is an excellent time to trade
on some early momentum. Knowing the correct Forex trading hours can keep you out
of trouble.



Live Forex trading is significantly different from trading on a demo account.
Real-time forex trading is dictated by when you decide to enter a trade. By only
trading on the peak hours, when two sessions overlap, and when much of the
liquidity is being pumped into the market; a trader is able to grab a piece from
all of the major moves of the day. Knowing when to trade comes behind money
management and self-discipline. Enjoy your new found knowledge.