Flexibility to trade In Forex

Forex market is characterized by high liquidity and high flexibility and as such traders get
the freedom to make choices as per their wishes. They are not bound by the whims of the
markets.

So, when you try to determine the best time to trade the forex market this information
would prove very useful. Trades have almost always the same relative frequency and till
the forex market remains open, the probability of finding a trade whenever you look is
almost the same. This is all about volume of trade. It is determined by the number of
markets that are open and the number of times each of these markets overlap with each
other.

Keeping in mind the forex volume is extremely essential. It is generally seen that the
volume of transactions remains high all through the day but when does it peak? The
answer is when the Asian markets with Australia and New Zealand, the European
markets and the US markets open simultaneously. And this is the best time to trade the
forex market.

Market times

Let's have a look of the timings of some of these markets.
New York Market : 8 am – 4 pm EST
London Market : 2 am - 12 noon EST
Great Britain Market : 3 am – 11 am EST
Tokyo Market : 8 pm – 4 am EST
Australian Market : 7 pm – 3 pm EST

Just have a look at the above schedule carefully. What do you see? Yes, there are tow
times when two of the major markets overlap during the trading hours-between 2 am and
4 am EST (Asian/Europe) and between 8 am to 12 pm EST (European/N. American).
This is the time you have to target to make profits, the best time to trade the forex
markets.