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1. Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money
We've all been told that Forex is a 24 hour
market, and that it is possible to trade all
hours of the day and night. What you have
not been told will kill your profitability.
Forget any notion of trading whenever you
want. To be a profitable forex trader your
must know when and why to trade during
specific forex trading hours. This article will
teach you how to pick the perfect time to
trade forex.
Forex is a Foreign Exchange spot market
where traders converge to trade
currencies. Forex is the largest, most
volatile market, and it has the most liquidity
out of any market. Every single day 1.8
trillion dollars are traded in the forex
market. This is not a game for little boys!
The biggest players in Forex are large
major banks. It is the banks that you are
competing with, and it is the banks that
move the market. Real time Forex trading
is a skill that takes time to learn.
Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money ( Courtesy of HenryLiuForex.com )

2. Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money
You are competing against Ivy League whiz
kids and automated trading systems. If this
intimidates you, take up bridge at the senior
citizen center, and try your shot at something
safe like government bonds --- Forex is for
people who aren't afraid to take risks. No risk,
no reward! Live Forex trading is a virtual
game of hide and seek: The big banks and
your fellow traders are out to get you. Forget
about the results you've had in demo
accounts, real time Forex trading is an entirely
different game. Take your time reading this
site because Forex rewards traders who take
their time on educating themselves about the
market.
When is the best time to trade Forex? The
biggest joke that is played on new Forex
traders is the myth that Forex can be
profitably traded at all hours of the day. It is a
big disservice to newcomers because they
end up trading at the most unprofitable times
of the day. Live Forex trading isn't really 24
hours. Let's learn when to trade.
Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money ( Courtesy of HenryLiuForex.com )

3. Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money
The best Forex trading hours are when there
is an overlap between two major sessions.
The major sessions are:
New York opens at 8:00 am to 5:00 pm EST
Tokyo opens at 7:00 pm to 4:00 am EST
Sydney opens at 5:00 pm to 2:00 am EST
London opens at 3:00 am to 12:00 noon
EST
Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money ( Courtesy of HenryLiuForex.com )

4. Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money
The absolute best time to trade is during
the time when the New York session and
London session overlap. For people on
the east coast of the United States, this is
between 8 am EST and 12 pm EST. This
overlap in sessions is when most of the
major action happens, and it is where
most intraday traders should trade. During
this time, it is not odd to see a currency
pair like the EUR/USD move 100 pips. If
your goal is to do any kind of day-trading,
do it during this overlap. The hour before
the Asian session closes overlaps with the
open of the London session (3 am to 4
am); this is a good time to jump on some
early momentum. Knowing the correct
Forex trading hours will keep you out of
trouble.
Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money ( Courtesy of HenryLiuForex.com )

5. Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money
Live Forex trading is much different from trading on a demo account. Real time forex trading is
dictated by when you decide to trade. By only trading during the peak hours, when two sessions
overlap, and when most of the money is being pumped into the market; a trader is able to grab
a piece of all of the major moves of the day. Knowing when to trade comes behind money
management and discipline. Have fun with your new found knowledge.
Not Knowing The Proper Time Of Day To Trade Fore Can Lose You Money ( Courtesy of HenryLiuForex.com )