Best Times To Be Trading The FX Market

Best times to be trading the FX market and the most volatile pairs to watch

The global forex markets trade from 5:00 PM EST Sunday through 4:00 PM EST Friday. Short term trading is usually best when there is good volatility.
Having said that lets take a look at the different global sessions and their characteristics:

European Trading Session (London)
The most important fx dealing center in the world.
London opens at 8.00 GMT and closes at 17.00 GMT. You can expect to see the highest volatility during the European session. GBP/USD, USD/CHF, GBP/JPY and GBP/CHF see the most volatility with average daily ranges of up to 140 pips.

U.S. Session (New York)
Opens at 8.00 A.M EST and closes at 5PM EST.
The second largest forex market place. The busiest time is 8am to noon EST.
Trading activity normally slows down after the U.S. afternoon trading period. GBP/USD, USD/CHF, GBP/JPY and GBP/CHF see average daily ranges of 120 pips during the US trading session - presenting many opportunities for the day trader.

European/U.S. Overlap
8am - noon EST. The market is very active during this period, making it an especially good environment for intraday trades.

Asian/European Overlap
2 a.m to 4a.m. EST. Trading is less active during this period.

Asian Session (Tokyo)
The Asian session opens at 7.00 p.m. EST and closes at 4:00 a.m. EST.
Volatility can be mixed during this period. USD/JPY, GBP/CHF and GBP/JPY have the widest ranges and present the short term trader with the greatest opportunity in terms of volatility.

[ForexGen Money Manager]

An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with [ForexGen]:

* Providing three different commission sources.
* Weekly commission plan.
* Easy & fast commission withdrawals.
* Fixed percentage of the profits.
* P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.

The most competitive trading conditions:

* 2 pips spread on six currency pairs.
* Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
* Leverages up to 1:200 for accounts up to $1 million US.
* Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.