Forex trading experience can vary greatly during different trading sessions and days of the weeks. Some traders prefer to trade only on London-U.S. or U.S.-Asian sessions’ intersection for the biggest volume and steadier trends, others try to avoid Friday and early Monday trading or trade exclusively on Wednesdays and Thursdays (the most pip-moving weekdays). Trading time management can be as important as the analysis or money management parts of the Forex trading. Some strategies can only be good in certain market conditions that are encountered only during certain time periods. Personally, I trade long-term and don’t see any point in trading only during specific sessions for me. The only time period I try to avoid is the late Friday session (to avoid the weekly gap and some unpredictable volatility). How about you?
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If you have some interesting comments or questions about trading Forex during different trading sessions or days of week, please, feel free to reply using the form below.
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