Forex Trading

#3: When is the Best Time to Trade Forex

One of the most common questions that a lot of customers ask is, “Can I buy something similar cheaper elsewhere? When you are looking for a quality currency pairs to trade at night, the most important thing to know is that cheap is not always better. You should carefully research the before buying and consult the prices on some online sales websites to make the best decision. You should ask yourself four questions before buying the best currency pairs to trade at night.

What is the most volatile pair?

The most volatile currency pairs are ‘exotics,’ although few traders choose to trade them because of their unpredictability and high risks. Less but still volatile are AUD/JPY, AUD/USD, EUR/AUD, NZD/JPY, GBP/AUD, GBP/NZD. The least volatile currency pairs are EUR/CHF, EUR/USD, AUD/CHF, USD/CHF, EUR/CAD, etc.

Another critical factor in choosing the best currency pair to trade is its availability in your broker. Both currencies have exchange rates on which the trade will have simple scalping its position basis. As you may know, all the possible trading’s within the forex market, whether selling, buying, or trading, will occur through currency pairs.

That said, the benefits of swing trading are significant depending on your trading goals. In most cases, swing trading requires less of a time commitment than day trading, which can be preferable to traders balancing forex trading alongside other activities. In most cases, swing trading only involves the use of technical analysis, which simplifies your trading research and contributes to the reduced time commitment of forex trading. Although it’s not as aggressive as scalping or day trading, swing trading is still best done within shorter time frames that allow traders to capture profits quickly. The longer you have to wait to realize a profit, the less lucrative this strategy will be over time. When we speak about volatility as your main indicator for market activity, it is important to note that volatility is also cyclical.

Night trading occurs at different times in different parts of the world due to varying time zones, so there is no exact session that the term ‘night trading’ would apply to. But, here we will be looking at the night trading hours for the UK, which are generally considered to be from 10pm when the US market closes, through to 7am when the European session opens again. While European and US markets are closed, the Asian market is the main focus of trading. Being a regular retail forex trader is a difficult path to becoming rich.

The yen and the U.S. dollar are highly traded currencies, so this pair typically sees relatively stable action throughout the day, with a few peaks and troughs in volatility. Session times are shown at theForexMarketHours tool, which defaults to Greenwich Mean Time. You can select your own time zone (or your forex broker’s time zone) instead.

How do you trade the USD/JPY pairing?

The exception to this rule is weekends when important political events take place. For example, a certain important election or announcement can suddenly rock the market for a specific currency. So be on the lookout for important events on the weekends, but otherwise, steer clear from trading during them. An hourly volatility chart shows how many pips—hundredths of a yen—the USD/JPY pair moves each hour of the day.

Which currency pair is most predictable?

1) AUD/USD: The Aussie dollar has been in the top rankings of predictability for several years, and for good reasons. This currency pair tends to travel in uptrends and downtrends which are easily defined, and when it moves out of them, the change of direction is abrupt and clear.

This makes it risky for all traders, particularly the part-time trader if the proper strategy is not implemented. Another common strategy is to implement stop-loss orders, which means that if the market takes a sudden move against your position, your money is protected. If you want to be sure to avoid “ranging” Forex markets overnight it’s a good idea to trade pairs that see a lot of volume. AUD/JPY – This currency pair sees a tremendous amount of volatility on a regular basis overnight, opening up a world of opportunity for those that aren’t shy about taking out a little more risk. The yen is traditionally pretty heavily interconnected with the US economy and moves in a similar direction.

Knowing your personal forex trading strategy will help you avoid taking risks that could have a negative impact on your investments. It will also help you to understand the best times to invest and the best times to stop trading. The foreign exchange markets – or forex markets – are the largest, most flexible markets in the world. There are essentially limitless pairs of currencies to choose from when it comes to trading. Investors can track price movements to determine whether the markets are moving up or down before choosing the right moments to trade. EUR/USD is not only the simplest currency pair to trade but also the steadiest.

What Is Forex Trading?

The exchange rate also relies on changes to interest rates which are announced by regional banks, therefore, one currency can suddenly strengthen against the other, making the pair much more volatile. The foreign exchange market is the largest and most liquid market in the world. It offers exchanges between any two nation’s currencies and includes major, minor and exotic currencies. The result is a market that offers hundreds of possible currency pairs to trade.

best currency pairs to trade at night

That, however, does not mean that you can go ahead and generate profits by virtue of trading at nighttime. But if you know your way around the market at nighttime and you know what currencies trade better at nighttime, trading in the dark hours can be profitable. The continental currency of the European Union needs no introduction, and everyone knows the power that is shared between the US Dollar and the European Euro. Once again, this pair can also be traded at any given hour without risk. However, this pair is unique in the fact that it has two separate volatility surges during the day.


That is a basic definition of the Forex market, which is a massive and encompassing market that holds hundreds of currencies, a myriad of secrets, and many skills to master. However, one of the points of agreement in the larger forex trading community seems to be the importance of time. Forex is inherently dependent on the currencies of different countries that, in turn, also have their own respective time zones. To trade USD/JPY or any other forex paring, you’ll need access to a forex brokerage account. You may need to seek out a specialized account with a broker that focuses on forex markets. Average daily volatility changes over time, but those hours of least volatility typically do not change.

To answer all these, we need to see how currencies behave and if this behavior is in-line with your trading style. So now we know that the London session is the busiest out of all the other sessions, but there are also certain days in the week where all the markets tend to show more movement. This information has been prepared by IG, a trading name of IG Markets Limited.

best currency pairs to trade at night

Remember that the forex market can be volatile and trading with leverage can greatly increase the chance of losses for traders. Therefore, we advise you to consult our risk management section and familiarise yourself with stop-loss measures as part of an effective trading strategy. ​​ is open 24 hours a day, from Sunday evening until Friday night, which takes advantage of the international time zone differences of London, Tokyo and New York. Due to the volume of transactions that take place during European sessions, there is so much liquidity that almost any pair can be traded. Of course, it may be best to stick with the major pairs again (EUR/USD, GBP/USD, USD/JPY, and USD/CHF), as these typically have the tightest spreads.

USD/CAD is the market symbol for the US dollar to Canadian dollar rate of exchange. This currency pair is classified as a “major” since it comprises the US dollar, which is often regarded as the world’s most successful and influential currency. The EUR/USD pair has evolved into the most traded currency pair in the world. The reason behind this relates to the fact that EUR/USD represents the largest two economies globally. Leverage is a vehicle that is involved in the forex market for individual traders, investors, and dealers. It is the process of investment that is made by borrowed money by using different financial instruments like indicators, expert advisors, cheat sheets, and automatic robots.


The Japanese yen is the official currency of Japan, and the currency dates back to the Meiji restoration’s attempt to westernize and modernize the Japanese economy. The yen lost a large amount of its value following the conclusion of World War II but has slowly begun to stabilize after reaching a low following the 1973 oil crisis. The euro is a stable currency that represents the European Union and is the official currency of 19 of the 28 members of the European Union. Keep up to date with our news and analysis section of the website, which can provide insight and predictions into future movements in the forex market.

The GBP/USD pair is one of the world’s top five most actively traded currency pairings. GBP/USD is a currency pairing that is influenced by variables that impact the overall value of the British pound and/or the US dollar in respect to other currencies and each other. The durability of the best currency pairs to trade at night is one of the essential things to consider while making a purchase. The best item will last longer and provide better value for your money. People always want the best for themselves, including the best currency pairs to trade at night. If you can choose between two types of something, one has better quality than another.

Like NZD/USD, USD/CAD is considered a commodity pairing based on the large role oil plays in Canada’s gross domestic product as well as America’s heavy consumption of this commodity. As a result, USD/CAD often moves in correlation with the oil market, which can facilitate an easier evaluation of whether it’s one of the best forex pairs to trade for swing highest currency in the world list trading at any given time. Swing trading is also more liable to overnight and weekend market risk, especially in cases where you’re holding a position but unable to monitor price movements. And, despite the profit potential that swing trading offers in theory, it isn’t guaranteed to be more lucrative than trading strategies focused on long-term trends.

The most profitable exotic pairs are USD/SEK, USD/ZAR, USD/TRI, NOK/USD, and BRL/USD. So, by all means, mingle in major pairs, pick a few, and practice your way into minor and exotic pairs, and only then try taking on more than 30 pairs. Your primary focus should be learning the process, not making profits if you’re still struggling.

“The Cable” is a combination of the British pound sterling and the US dollar. This is seen as a particularly volatile currency pair, due to its frequent fluctuations in price, exchange rate and pip movements. This can result in large profits if the trader is successful, however, it can result in equally great losses when market volatility is at a high.

The Asian session starts from 6 PM to 3 AM Eastern Standard Time . The New York session starts from, 8 AM to 5 PM Eastern Daylight Time . The London session starts from 3 AM to 12 AM Eastern Daylight Time . The quantitative trading systems Asian session starts from 6 PM to 3 AM Eastern Daylight Time . A currency’s value will be influenced by the interest rate disparity that exists between the Reserve Bank of Australia and the Federal Reserve .

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