(1) What is the best time to do forex trading? (2) What are the best curency pairs to trade in? -

1) This site will answer your first question http://www.babypips.com/forex-school/mar... 2) There are only six major currency pairs against the dollar GBP EUR JPY CAD CHF AUD These are the pairs with the highest volume and the lowest spreads. There are six or eight other quot;cross pairsquot; that also have good volume, but the spreads widen to 9 or 10 pips. Depends if you can predict which currency is stronger/weaker rising/falling etc....tricky business to get right....bit like share dealing. Depends on your strategy and rules. Some people like mornings, some like evenings. Really depends on how you like to trade (what strategies and what timeframe). There are 17 pairs that are most popular. Many people like USD/EUR, USD/JPY. Hope that helps! Best Time to Trade ? Check out this site. It has a time chart based on the various cities in the world. @ http://www.geocities.com/lcming/ForexFor... Best Currency pairs ? Those that are liquid and volatile. Basically the majors USD/JPY EUR/USD GBP/USD CHF/USD Although EUR?GBP is my pet right now. Slow and steady. Generally 2 AM ST to 2 PM EST is the best time since most of the banks are working at that time. Generally USD based currency pairs have high volatility and tight spreads.. Get more info at http://the-forex-trading.blogspot.com If there was a quot;bestquot; time and currency to trade in, the opportunity would be arbitraged away as quickly as it came.