Best Hours to Trade USD Currency Pairs - Time That Currencies Will Move More Pips
The market is open 24 hours a day, but it is not necessary to trade currencies throughout the 24 hours neither is it more profitable. There are Best Time to Trade USD Currency Pairs that currencies will move more because there is a lot of transactions volume and these market hours are the best to trade. So before looking at these Best Hours to Trade USD Currency Pairs & what makes them the best trading hours let us look at individual hours that when combined make the Best Time to Trade USD Currency Pairs.
The three biggest economies in the world are
USA
Japan
UK
The EuroZone though not a single economy, trade time is same as that of UK, so UK will represent the Euro Zone and the UK.
Asia Best Time to Trade USD Currency Pairs
The Asian Best Hours to Trade USD Currency Pairs begin from 1:00 to 9:00 GMT. Asian time session will take into account the times when Asian stocks markets are open, same time when major Asian Banks are open for trading and carrying out transactions.
London Best Time to Trade USD Currency Pairs
This is the time when stocks markets in the London and Euro Zone are open for Trading. Big banks and financial centers in these capitals are also open & major volumes of currency trade transactions are carried out to settle global trade deals.
USA Best Time to Trade USD Currency Pairs
America is the financial capital of the globe, the USA Best Hours to Trade USD Currency Pairs move the highest volumes in terms of currency trade transactions and International trade deals. This make the USA market hours the best time to trade.
Best Time to Trade USD Currency Pairs Overlap
What's Best Time to Trade USD Currency Pairs Overlap? These are times when two financial centers are both open at the same time. For Examples
- Asian and London Markets Best Time to Trade USD Currency Pairs Over-lap - 8:00 to 10:00 G.M.T.
- London and US Markets Trading Hours Over-lap - 13:00 to 18:00 G.M.T.
These are the hours when most transaction volumes are carried out & total trade transactions that are placed are more than any other time in currency market.
Therefore combining these two sessions as a forex trader you want to open your trades within these best trading hours.
Best Hours to Trade USD Currency Pairs
Asian(Partly) and London and America Over-lap - 8:00 to 18:00 GMT
This gives traders total of 10 hours that are the most liquid. To determine these hours in your GMT time just add or subtract the GMT time of your country depending on your timezone from the above shown market hours.
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