Friday, May 29, 2009

World Time Software For Forex Trader

Forex market is open 24 hour a day. It provides a great oppurtunity for tarders to trade any time of the day or at night. However, although it seems to be not very important at the beginning, the right time to trade is one of the most crucial points to be successful in trading at the forex market. so, when should one consider trading and why?

The best time to trade is when the market is the most active and therefore has the biggest volume of trades.

More active currency moves will create a good chance to catch the trade and make profit. A calm, slow market is literally wasting of time.

Forex trading hour,trading time

New York opens 8:00 am to 5:00 pm EST
Tokyo opens 7:00 pm to 4:00 am EST
Stdney opens 5:00 pm to 2:00 am EST
London opens 3:00 am to 12:00 noon EST

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