What is your trading schedule?

What times do you trade on a daily basis?

I trade by EAs, so I only login to VPS few times a day to control situation.

I usually trade the London and New York sessions..

Whenever I decide I have a free minute to check my phone!

So is that working out for you? I'm wondering how important it really is to have a set schedule for trading.

It all depends on your game plan and your strategy...Always have a game plan.
Personally for myself its counter productive for me to be watching the markets all day, but what works for me may not work for others. You have to know yourself and find a pattern/schedule/game plan that is comfortable for you.

Forex is a journey/lifestyle let it become one with you. And try not to let it upset anything else in your life.

fxdimarion posted:
It all depends on your game plan and your strategy...Always have a game plan.
Personally for myself its counter productive for me to be watching the markets all day, but what works for me may not work for others. You have to know yourself and find a pattern/schedule/game plan that is comfortable for you.

Forex is a journey/lifestyle let it become one with you. And try not to let it upset anything else in your life.

Actually this is exactly what I was thinking. Thanks for response. Very helpful I believe.

Works for me. But then again, I don't trade full time, and I have a lot of time to check my phone/tablet :)

davidcraigson posted:
Works for me. But then again, I don't trade full time, and I have a lot of time to check my phone/tablet :)

Same here!

I too tend to trade the London and the New York sessions the most.

Based on my few month experience in Forex trading, Best Times to trade are the times where there is a lot of action & volatility in the market.
Those are the times when I made most of the profits.
To Keep it short from 7:00 to 11:00 am (UTC) & from 13:00 to 17:00pm (UTC)
Those are the 8 hours you need to consider, the rest of the day you can go and spend your profits :)

A very cool free gadget is called market24hclock, you can use it from the website, or download the Windows desktop gadget for free, It helps a lot. This is their website: https://market24hclock.com/

I hope this helps ;)

1 hour before LO until 1.5 hours after LO. (2.5 hours)
1 hour before NYO until 2 hours after NYO. (3 hours)

If you ask me what is most important to my system and success, it would be trading timing.

The day of the week + the time = number one factor for success.

Usualy the Asian markets are a bit slow, UK is average, US is volatile. It depends on your trading style and wether you prefer to ride a bicycle or a roller coaster. But don't forget that a roller coaster could turn also to a holocauster.

I sit down and look at the markets during London session and then makes preparations for the US open. I am a full time trader and I like having a work schedule of certain times. The regularity gives me a framework on how to plan my day. If my trades are fulfilled during the US session, then I close with a smile. If nothing happens after a while, then I close shop and try not to force my trades. Good luck to you. :)

Godspeed108 posted:
...and try not to force my trades. Good luck to you. :)

That is very good!

Schedule is 3am to 6pm

CrazyTrader posted:

Godspeed108 posted:
...and try not to force my trades. Good luck to you. :)

That is very good!

Schedule is 3am to 6pm

Are you a vampire? haha

PhamTranAssoc posted:

CrazyTrader posted:

Godspeed108 posted:
...and try not to force my trades. Good luck to you. :)

That is very good!

Schedule is 3am to 6pm

Are you a vampire? haha

kwaaaks!!!

whenever i have 5 mins break between any of my work...
:):)

The forex is fully electronic and opens somewhere in the world between 5 p.m. Sunday and 5 p.m. Friday Eastern Standard Time (EST). Each exchange has unique trading hours from Monday through Friday.