Optimal Forex Trading Hours: Maximize Your Opportunities

When looking at the available FOREX hours to trade, you will quickly realize that you can trade 24 hours a day. However, that does not necessarily mean that conditions are always the same. Here are a few things to consider about the best FOREX trading hours.

London Session

The best time to trade the FOREX market is from 8:00 GMT to 16:00 GMT. The reasoning behind this is that this is when the London FOREX market is open and trading strong. They open at 8:00 GMT and they keep trading for the next eight hours. Even though you can trade from anywhere in the world, there are certain trading centers that a large portion of trading activity takes place in. The London session is the largest FOREX trading session in the world. Because of this, there is an unusually high amount of volume at that time. This means that you will have some nice movements in the market as well as great liquidity. You will not have any trouble getting your orders filled at a fair price.

Overlap

In addition to this, the New York session will start during the middle of this time. When this happens, you have two sessions overlapping with many traders involved in the market.