The Best Time of Day to Trade

Although a Forex trading day runs 24 hours a day, 5-1/2 days a week, each day is typically divided into the Asian session, the European session and the New York session.

Volatility generally increases dramatically with the opening of each market. Check out your price chart and you will likely notice changes often occur as a new session begins.

Depending on your currency, certain times will usually be quiet, while others will be volatile. Study your time charts and the most active times will be obvious.

Pay close attention to the data calendar as well, as volatility is also unpredictable during data releases.