If you have not done so already please read part 1 first: The Best Currency Pairs to Trade. In the first part of this article we discussed which currency pairs are the best to trade and explained the differences between the majors, crosses, and exotics. Since you have read part 1 and you now know which currency pairs to focus on and why, it is important that you understand when the different forex trading sessions are, how they differ from each other, and the best times and days to trade. The idea is to trade when the market is the most volatile, because volatility means that a market is moving, and money is made when the markets are moving, not when the market is quiet and calm. As a price action trader you should be especially excited about volatility, because price action strategies thrive in volatile market conditions due to the fact that they simply reflect the dynamics of price movement and provide you with easy to identify setups which allow you take advantage of volatility. The hour forex market trading day can be broken up into three major trading sessions:. The chart to the right reflects the Tokyo open and ignores the Sydney open, we have included the Sydney open in the description below, which is an hour earlier than the Tokyo open. All times are based off summer hours in the Northern Hemisphere, the Asian session opens at 4pm EST during winter hours with the market opening in Sydney, London and New York hours remain the same. You will notice that in between each trading session there times a window of time where two sessions are operating at the same time. As you may have guessed these over-lapping periods within the three trading sessions are the times when volume and volatility rise to peak levels. Many traders strictly trade this four hour time window because it is typically a very times and liquid time to trade the forex market. The Asian trading session begins at 6: Tokyo is the financial capital of Asia; it is also worth noting that Japan is the third largest forex trading center in the world. The yen is the third most traded currency, involved in about That said, price will sometimes make powerful moves during the Asian session. Chinese economic policy can influence other majors currencies even though China does not allow their currency to float on the international exchange. The London trading session: Times Asia comes to a close the London trading session gets underway. There are several major financial centers scattered around Europe, but London has historically been the center of all forex trading. Remember, volatility is good for price action traders since we deal with the core price data of the market, instead of secondary indicators that lag price. The New York trading session gets underway at 8: All USD and CAD economic news comes out during or near the New York trading session. If you have no time constraints or you have times job that allows you to get on the internet and check the charts periodically, the best time to trade is from 8: Both the London and New York trading sessions are excellent times to trade overall, so no matter where you live in the world you should be able to find a time that works with your schedule. However, you can trade successfully purely off the daily charts, and it is also a much more stress-free way to trade, this means you can check the times around or shortly after the New York close each day at 5pm EST. The Asian trading session tends to be the least volatile, so if you are looking for big moves to forex, you are likely going to be waiting until trading gets underway in London around 3am EST. Sundays are typically not worth trading because movement is very low and nothing significant has happened yet to set the currency pairs in motion. Remember, being a price action trader means that you need to pay most of your attention trading learning forex spot high — probability price action trading setups in the Forex market. If you want to forex how to trade the Forex market with a handful of simple yet effective price action forex strategiescheck out my price action trading course. For more information visit the Forex Course page here. Tnx for the amazing article Nial. You are an amazing teacher. I have been wondering what the best currency pairs were and when to trade them for over a year now. Tnx to you I finally know! A newbie in Forex Trading your lessons make sense and are informative. Powerful article mentor Nial! You make trading forex simple and understandiable for a newbie like me!!! You are the best,article is clear and It Explains in a very simple and easy Form. Thanks for trading your time and all Your help. You are the most define Forex writer i have ever met. God bless you sir. Recently I have found the best time for my trades with the Yen crosses are about an hour or two after Tokyo opens 7am ESTbut closing out or moving my stops before going to sleep during the London sessions. Also I have been watching the Japanese Yen Cash J6Y00 futures chart and it has really helped with direction times the spot price for the Yen pairs. Finally, I got it. Keep teaching me your great lesson, please. Thank you for allowing me absorbing your lesson. Someday Forex will inevitably take the advance course: This article is a very concise and precise sypnosis of the useful trading times. Typical of the Forex King,- Nial, no BS, straight to the point. Much better than the so called Fx expert talks. You article has given me the fundamental pre-requisites required before trading Forex. I have not started but will start soon using your strategy. Well done Nial, your information contains non of the BS usually associated with Forex sites. I wish you good luck for the future and keep up the good work, we all know it pays back in the end! THIS PART OF YR LESSON IS WONDERFUL I WISH YOU SPOON FEED US WITH THE CURRENCY PAIRS IN LINE WITH THE SESSONS. Nial, From one Ozzie to another thanks. Very clear commonsense advise worthy of many reads. Thanks for every article on your site. I find myself reading some of these articles Again as they are honest and very encouraging. Nial, Thanks to your articles I think I can trade successfully part time. Nial I highly appreciate your explanations trading the market. Hi Nial, Many thanks. I am very glad I live in the UK. Talk to you soon. I ve decided to sign up for your course coz i ve high respect for you. You can be a great mentor to me. I found Fridays to be the worse day for trading. The market is very unpredictable possibly because traders close their positions at the end of the week. I would only monitor times open positions on Fridays but never place new trades. Thanks Nial,am so impressed. Keep it up forex. Nial for your great time information. Now I am not a born looser anymore. Nothing like the American market open — lunch. Excellent article Question — do NY, London and Tokyo traders commence at 8 AM and close 5 PM local time as the times you have quoted would change a little due to summer and winter time changes? Thanks for all the help trading support over the last few months. Your course was the best investment I have ever forex. Keep the advice coming! Excellent article and really puts trading zones in perspective. With price action using daily charts this information is really not as important as all your previous teachings. Well written article just the same…. More confirmation as to when to trade. One thing to keep in mind is your health and relationships. Everything you do is excellent Nial. I am trading member of your course and loving it. This article part 2 is big help, as was last weeks article part 1. Nial, I bought your course and trainings last week, I just wanted to say a big thank you and congratulations on the success of your community and thank you for all your lessons. Your help and trainings are superior. I made good pips on the EURUSD 4 hour fakey last night, Thanks again. As usual Nial a very clear and well laid on piece. No complicated confusing stuff, just plain understandable information. Your email address will not be published. Notify me of follow-up comments by email. Notify me trading new posts by email. Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. 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The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, trading, and options and be willing to accept trading in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable trading all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, times, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results. The Best Times to Forex Forex Currency Pairs Part 2 By Nial Fuller in Forex Trading Strategies 89 Comments. The Best Currency Pairs to Trade In the times part trading this article we discussed which currency pairs are the best to trade and explained the differences between forex majors, crosses, times exotics. When are the various forex trading sessions? The hour forex market trading day can be broken up into three major trading sessions: The Asian trading session: The New York trading session: What does it all mean? Related Trading Lessons The Truth about Forex Fundamentals and Trading the News Trade Forex Forex a Sniper…Not a Machine Gunner. Now I want to hear from you! 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