What the best timing to trade ?

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Originally Posted by fxmoney

You are the daily trader then you can try to trade on the europe and new york session as the volatility of the forex market is very much high so that in that volatility you can easily make some of the profit but you must have to avoid the overtrading as you may get loss due to this most commonly.

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We will be developing this strategy because the trends in the Forex marketing is also changing as days pass eventually. The most important thing that we should note is to keep ourselves updated with the recent changes and use them to develop ourselves and minimize the risks we will encounter.

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Originally Posted by niks

Many times this happens that you sit in front of your chart and there is hardly 10-20 **** movement . And suddenly you get 100+ **** fluctuation. So why not just grab the trades at those timings . Mostly it happens when different market opens .
So lets discuss those timing when market is most volatile (acc. GMT+5:30)

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a good time to do the actual transaction depends on the individual trader who do so in accordance with the rules of strategy and systems that are used but i usually do to get the best time to do the transaction....

Best time for trades are vary from person to person because of their lifestyle. For me I do trades mostly on evening because I still studying. But when I read this post I knew that there are some specific time to trade which discussed by members here. This is improve my knowledge.

Quote:

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Originally Posted by fxmoney

You are the daily trader then you can try to trade on the europe and new york session as the volatility of the forex market is very much high so that in that volatility you can easily make some of the profit but you must have to avoid the overtrading as you may get loss due to this most commonly.

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You must also have to put your emotion into check and that is to say you must be relax and must be in a hurry to trade be it when or when it is not the time to trade.

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Originally Posted by burayak

A good time to do the actual transaction depends on the individual trader who do so in accordance with the rules of strategy and systems that are used but I usually do to get the best time to do the transaction is when the opening and closing of each session in the market for this session is usually there is rapid movement.

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yes i agree with you, everyone has the time of each trade, i also use the quick method as you say, for those times that we need a good monitoring and arguably we can not escape from the font of the monitor

If we want to test it so we should use those strategies in demo account to know its effectiveness but I think you shouldn't use too much combination of strategies. If those strategies have been proved the effectiveness, so you could try it on in demo account first. But if you just tried it, it could waste too much time.

it mostly depends on the individual himself.there is no best time in trading forex

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Originally Posted by Bankmen

If we want to test it so we should use those strategies in demo account to know its effectiveness but I think you shouldn't use too much combination of strategies. If those strategies have been proved the effectiveness, so you could try it on in demo account first. But if you just tried it, it could waste too much time.

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Yes of course, there is no specific time frame to become a successful trader. As I have heard, most of the people suffer loss in Forex Trading. In other words, percentage of successful traders are less than unsuccessful ones.

I do remember that A good time to do the actual transaction depends on the individual trader who do so in accordance with the rules of strategy .Swing traders requires less time in front of charts as compare to others.

Dear friends I'm a newbie in forex and this topix is really new for me. so I have no knowledge about timing of forex. And I'm also want to know about timing.