Best Days of the Week to Trade Forex

Now weve learned that the London session is the busiest session, but there are also certain days of the week when all markets tend to move more.

Know when is the best days of the week to execute a trade.

Below is a chart of the average pip range for the major pairs for each day of the week:

As you can see from the chart above, it's best to trade since the weekdays are the time of the week for most of the trades.

Fridays are usually busy until 12:00 PM EST, then the market falls almost dead until it closes at 5:00 PM EST.

This means only half day on Fridays.

Weekends always start early! hurray!

So, based on all of this, we figured out when is the busiest and best time to trade Forex.

High volatility tends to open up more opportunities, so the busiest times are usually the best times to trade.

Managing Your Time Wisely

You cannot trade in any session unless you are awake like Edward Cullen. If you could, why would you do it？

The Forex market is open 24 hours a day, but that doesn't mean that action always happens!

Also, sleep is an essential part of a healthy lifestyle!

You need sleep to recharge and recharge to complete even the most mundane activities like mowing the lawn, talking to your spouse, walking your dog, or organizing your stamp collection.

Becoming a professional forex trader definitely needs a break.

Every trader must learn to trade.

In fact, it scratches it.

Every trader needs to know when to trade and when not to trade. You know the best time to trade and when to relax and play Fortnite instead.

Unless you play fortnite too much.

Here is a short list of the best and worst times to trade.

Best Times to Trade:

• Of course, when two sessions overlap! This is also when significant news that could potentially cause some volatility and directional movement.

• Make sure you bookmark the market hours cheat sheet to record opening and closing times.

• You can also use the Forex Time Zone Converter, which automatically displays open trading sessions in your current local time.

• The European session is usually the busiest of the three sessions.

• Weekdays typically have the most movement as pip ranges widen for most major currency pairs.

Worst Times to Trade:

• Sunday - Everyone is sleeping or enjoying the weekend!

• Friday - Liquidity decreases later in the US session. • Holiday - Everyone is resting. • Big news event - you don't want to saw it!

• You just broke up with a significant other because you choose to trade Forex over them. Instead, wait for the next London session.

Having trouble trading during an optimal session？ it's okay.

You can always be a swing trader or a position trader. We will come back to this later.

For now, let's move on to how to actually make money by trading currencies. excited？ You must!