If you do Intraday or Intra-hour Forex trading, you will definitely want to trade during major market opening hours, as these offer clearer range and wider volatility that favors both trend and scalp trading.
Most traders would trade the London market hours, and the New York market hours, as these bring about some of the day’s largest moves, everyday.
While this is a boon for those in London and in the US, Asian traders are not without cause, as they can choose more active pairs to trade during the Asian and Australian market hours. Typically, these would include the Australian and Yen crosses. Some may also want to broaden their scope to include New Zealand and Singapore crosses.
Whichever the case may be, it would be important for you to know when these market hours take place.
Here is a useful website I found. It displays the various market hours with respect to your computer’s time. While they offer several subscription services, I don’t personally see a need to. Add an hour to the London open and close as those idiots didn’t factor in UK Summer time.
World Forex Trading Market Hours: Please note that these are timings for GMT +8. Yours will be different, depending on your timezone. Click the link below to find out.
http://www.2011.worldmarkethours.com/Forex/index.htm
By the way.. FXPrimus.cc is currently doing an ECN and trading margin promotion. For as little as US$500, you can have an ECN brokerage account with lower spreads and STP. For everyone else, add 100% trading margin to your account for all fundings made before 31 September.
