The Best time to trade In Forex

The one thing marks a forex market is its dynamic nature. Here fortunes change in
seconds and minutes. If taken positively, this feature also allows a trader to enter the
market many times in a single day and garner some profit for himself.

Timing is one thing that would actually determine your success in the forex market and
that is why it is essential to find the best time to trade the forex market, the best time with
regards to activity, volume of trade etc.

There are some salient features of forex market and until and unless these are understood
one cannot find out the best time to trade the forex market.
24 Hour trading

Forex markets work 24 hours. It starts from Sunday 5 pm EST through Friday 4 pm EST
and rollovers at 5 pm EST. Forex trading starts from New Zealand and then is followed
by Australia, Asia, the Middle East, Europe and America. The most prominent forex
market is undoubtedly the US and the UK. They account for more than half of the total
market transactions.

If it comes to major forex markets, London, New York and Tokyo would win hands
down. Around 75% of market activities in the New York markets are witnessed in the
morning hours while the European markets are still open. And if you want to know when
the forex trading is the heaviest, well look for the time when the major markets overlap.

One thing must be evident from this discussion. There is never a cease down in the forex
market. When it is daytime for you, it is nighttime for someone else, and vice versa.
Markets close somewhere and simultaneously, markets open somewhere else. That is
what offers traders this tremendous opportunity to make some serious money.