Lesson 10 – Types of International Forex
The best time to trade Forex
Having a 24-hour market does not mean that you have to trade 24 hours a day.
For example, if you are trading in Japanese Yen, the currency’s volatility typically peaks during the first hour the Japanese market opens.
From 1pm to 5pm (GMT), the London and New York markets will be running concurrently. Therefore, this is the period of time when the volatility of the market and trading volume are the highest, making it the best time to trade.