Knowing what currency pair to trade is as important as knowing when to trade. Most traders make money in times of high volatility. Although the FOREX market is open 24 hours a day, it does not mean that any hour of the day is optimal for trading.
There are four major markets that trade currencies: Sydney, Tokyo, London and New York. The highest liquidity hours are found when two markets overlap.
Oanda created this little tool that helps traders visualize market hours in the appropriate timezone.
-
palomnas posted this
