Thursday, August 23, 2007
Best time to trade the forex market by the hour? -
What is the average pips that u can make in each hour. i seeen it on the net. i just do not remember where. can some one help me ? Probably from 2AM - 11AM Eastern time. You hit the London busy hour and the NY busy hour. A lot of number releases such as the NFP fall within the time period too. Busy generally means tighter spreads, as opposed to Asian hours. Average pips depends on how you re trading. There s no fixed average. I would have to agree with arbitrage in her assessment, however a word to the wise, trading the EU session can be a better option as opposed to the US session as the latter can be quite volatile for someone new to the markets. Rgds KT Report Abuse asian market ussualy has the same curve over and over angain, but only 30 pips spread Report Abuse
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