Everything you need to know about When to Trade

July 18, 2014

Feature Series: Everything you need to know about… »

When to Trade

There’s little doubt that there’s a lot to get your head around when trading Forex. This is especially so when you first start out sitting in front of your trading terminal and being faced with charts and rows of numbers. At that point, you’re likely to be thinking of questions like “What should I trade?”, “How much should I trade?” and “What do I want to get from trading?

But there’s another question that can get overlooked: “When’s the best time to trade?”

Because each trader has different goals and strategies, there’s really no single perfect time to trade; it will depend on factors such as the currencies being traded – not to mention the different opening hours of the global exchanges. But there are some general rules that will help you decide when might be the best time for you.

Below, we’ve assembled a few helpful links that might assist with choosing your trading times.

1. Three Golden Rules

The hours, days and sessions with the most potential for success

Best Time to Trade Rules | Vantage FX Forex Education

 

2. When NOT to trade

Seven risky traps to help you avoid trading at the wrong time

When Not to Trade | Vantage FX Forex Education

 

3. How to trade News Releases

The latest news can affect trading prices, so you can use this list to stay on top of the most important releases

How To Trade on Forex News | Vantage FX Education

 

4. The Best Time to Trade

An interesting technical analysis of thousands of trading records, showing how time of day can affect trades

Best Time to Trade Forex | Vantage FX Education

 

5. Market Hours

A list of major market hours across the world for the Forex, Commodities and Indices Market. Also see what time the Vantage FX platform times are.

Forex Market Hours | Vantage FX Education

 

6. Economic Calendar

Make sure you have this page bookmarked and opened at the beginning of your trading day. It provides a chronological listing of all the economic data events happening with live updated results.

How to Trade Economic Calendar | Vantage FX Forex Education

 
If you enjoyed this piece and are looking for more educational resources, please see other articles in our ‘Everything you need to know about…’ series.


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