Trading hours/ Trading schedule

6 Haz

Why is it Important to Have a Clear Trading Schedule?

Avoid Costly Mistakes: When you're tired, you're more likely to make errors that could cost you money.
Market Expectations: Market behavior can vary greatly depending on the time of day and market hours, so it's essential to plan accordingly.
Market Hunts: Certain times of the day are prone to market hunts, where sudden movements can make it hard to control outcomes.
Opening Opportunities: Each market opening presents its own opportunities and challenges.
Time Zone Considerations: Your time zone and personal preferences might not align with every market opening, so it's crucial to choose your trading times wisely.

When Do I Trade? (GMT+2)

London late Session/ NY preopening: 12:00 - 1:30 PM
London-New York Overlap: 4:00 - 7:00 PM
Chart Analysis for the Next Day: Around 9:00 PM, sometimes with overnight trades if I see opportunity.

When Are the Hunts? (Avoid trading at those hours)

0:30 - 2:00 AM
8:30 - 10:00 AM
1:30 - 3:00 PM
8:30 - 10:00 PM

When Are the Best Hours in General?

Apart from evening sessions, consider trading during:

Asian Session (Tokyo-Sydney Overlap): 3:00 - 6:00 AM
London (-Opening): 7:00 - 8:30 AM and 10:00 - 11:00 AM
Having a structured trading schedule helps you stay focused, reduces errors, and maximizes your chances of success in the market. Happy trading!