Attempting ANY REAL Money Trades!*
The Forex Market is open and "usable" 24 hours a day, five days a week.
Five days a week?
For those interested in making money, five days is all you really have. Or really need.
Yes it is open seven days a week, but Saturday and Sunday are not really for active trades. If you don't take some time off, you can always go over your previous weeks trades, tweak your strategies and hone your skills. Take some time to clean things up in order to get ready for the next weeks trades.
But make sure to take some time for yourself and your family. After all, THAT is the most important thing.
Five active trading days a week provides more than enough opportunity for traders to earn very nice profits while at the same time having a life they enjoy.
Forex trading is VERY addictive and you could easily spend huge amounts of time trading.
But staring at the screen for hours on end is not the best way to spend your time, so giving it a break on the weekends. Do other things. More important things.
What is the right time to trade?
Although it may seem that the right time to trade is not very important, it is actually crucial to your trading success.
The absolute best time to trade is when the Forex market is the most active and therefore has the biggest volume of trades. The more volume of trades, the more profits. Its that simple. A slow, dead market is literally a waste of time.
New York opens 8:00 am to 5:00 pm EST
Tokyo opens 7:00 pm to 4:00 am EST
Sydney opens 5:00 pm to 2:00 am EST
London opens 3:00 am to 12:00 noon EST
Trading EUR/USD, GBP/USD currency pairs between 8:00 am and 12:00 noon EST when the two markets for those currencies are active would give better results than trading when those markets were closed. Pretty simple right? Use the clock below to keep track of when each market is open and more importantly when they are overlapping. It is a direct download. You don't have to enter any information to get it.
Click Here To Download Free Market Clock
It is a very small and simple piece of software and it will give you a visual representation of when the markets are open and overlapping, which is what is important when trying to maximize your profits.
I hope this has helped answer your questions about when you should be trading.
Regards,
Brian Jerome
"Try the EToro Trading Platform. Its FREE!"
