Learning Determining the Best Forex Trading Time

One important thing to be learned for the success of the process of learning forex trading is determining the right time. You already know that the forex market runs 24 hours a day and 5 days a week. So you can trade all day. Be aware that the intensity of trading that you do can be disastrous, because the more you make a transaction, the greater the likelihood of your loss. Unfortunately again if accompanied by emotional turbulence want revenge. This is the quickest way to go broke. Let alone you are still a beginner, a trader can handalpun folded. Indeed, there are no restrictions for you to make trades throughout the day. But do not because you want to quickly be a big profit even lose all the money. Therefore you need to work around this by regulating the time of your forex trading.
 

There are 3 things you should understand in determining the time to learn the best forex trading.

1. You must know the schedule of the forex trading worldWhich led to forex trading is very unique because of its trading schedule. Opened at 0500 GMT on Monday and closed at 05.00 pm on Saturday. Keep in mind, not all day is the right day for trading. The best time for forex trading is when you're most active. If all four simultaneously forex market is open, there will be a very active trading. And this means that there will be less price fluctuation in currency pairs (pairs). If only one course open forex market, currency pairs tend to be stuck in a tight range pips, usually around 30 pips. If there are two markets are open at the same time, price movements usually occur over a width of about 70 pips. Especially if accompanied by a major news release.If you do not know when the schedule of the fourth trading the markets opened, following a little review.

- Forex Market Sydney 
Open 04.00 am, closes at 12.00 pm. Sydney market is the benchmark time early trading opened. And is the smallest of several large markets. If observed, with the opening of the Sydney market will see some action taken individual traders or companies that try to stabilize price movements due to the effects of trade that ended on Friday the previous week.

- Tokyo Forex Market

Open 06.00 am, closes at 14:00 pm. Or it could be referred to as the Asian market in view of Tokyo is the center of commerce in Asia, accounted for approximately 21% of the trade total transaction that day. Currency pair USD / JPY is the best pairs to be observed when Tokyo markets open. Due to the influence of the Bank of Japan could provide a big effect on the movement of the yen.

- Forex Market London 
Opens at 14:00 pm, closing at 22:00 pm. London markets or referred to the European market for the largest share of almost 36% of total trade. The European market is the most crowded, where thousands of entrepreneurs snapper world class forex trading transactions. London market has the effect of currency fluctuations because the Bank of England, which sets interest rates and monetary policy of the GBP. No wonder if the forex trend was sometimes come from London.

- New York Forex Market 
Open at 19.00, closing at 3:00 pm the next day. The New York market is the second largest foreign exchange market in the world. Because the US dollar is involved in 90% of all trade. New York accounted for 19% of total trade. Mutations in the New York Stock Exchange (NYSE), and a strong direct impact on the movement of the dollar. When there are companies joining the market and the acquisition process has been completed, then the dollar could immediately soared up or down drastically.

2. Overlaps on trading hoursAbove we mentioned that the best time to trade forex is when the market is very active movement. Meaning here, the best time is at the time of the overlaps (overlap). Overlaps provide more opportunities in trading because the higher price ranges. If the note of the schedule of trade above, it was found there two times overlap.

- Sydney - Tokyo

Going from 06.00 am until 12.00 pm. Although volatility is not very active, overlaps that happen in Sydney and Tokyo markets still offer good opportunities for trading with fluctuations pips higher. The currency pair that is ideal to be observed is EUR / JPY, because the two currencies influence each other.

- US (New York) - London 
Went on from 19:00 pm until 22:00 pm. When both the forex market was opened, there was a large overlap. More than 70% of global trade occurs at the time, because the US Dollar and Euro are the most popular currencies traded. So, if you are looking for the right time to trade with high volatility, when is the right time.

3. Note the time of the news release worldWell, once you know about the market and trading schedule overlaps that occur in the market, you can determine the best time forex trading. But there is still one thing that is important and you need to understand, that time of the news release. A great news, can provide a strong effect on the market movement is normally slow. When there is a big news release relating to economic data, especially when contrary to the prediction of market movements, the forex market will rise rapidly or plunge quickly as well in a matter of seconds. But since there are many scheduled a news release that could be every day, and can affect all currencies, it does not mean you have to pay attention all the news. You just prioritize any news that if you want to make reference to always observed and other news you observe occasionally.

Such things need to be considered in determining the best time for forex trading. Did you already get an overview to determine their own trading time? Or still confused? In essence, you have to pay attention to the timing of market overlaps and economic news releases. As a trader, you want to get or improve profit. And in the process of learning forex, you should have a goal to be able to trade when the market is volatile, while remaining aware of the existing economic news releases. By doing so, either as part time or full teams trader, you can set the schedule forex trading you can do with a calm mind and not to panic because confused how to react when he saw volatile market movement. Remember, the opportunity will always be there, if you want to understand and pay attention to the market. Congratulations to learn forex!