I received many mails & queries on my previous article of forex trading. I presume some of you have already downloaded the free demo version of etoro forex trade. If not , you may download it now by clicking this link : free etoro demo forex trading software. I find etoro to be the best forex trading system in the market.

Today’s forex currency trading tip is like a goldmine. This is the most powerful forex trading secret big players use to rope in loads of profit in fx trading. This one tip alone has the potential to increase your forex earnings many folds. Here is your friendly forex signal tip:

It is best to trade when the activity & volumes of  forex trade is huge.

The best days to trade in forex from Tuesday to mid Friday. The forex markets close from 4 pm (Eastern standard time)  on Friday & open on Sunday at 5pm(Est ). There is very low volume of forex trade on Friday afternoons & Monday as forex traders are vary of forex trends. During these low business hours forex trade is more like gamble because any one major purchase or sale can go totally against the trend & one’s speculations could go completely wrong.

As a forex trader, one needs to know the trading times of different forex markets. Forex markets first open in New Zealand & Australia, followed by Asia & middle east and the last markets to open are Europe & America. Forex Trading is at it’s heaviest when the major markets overlap. The biggest forex markets are of UK & USA.

Given below are the Forex Trading sessions of major market in EST

USA  8 a.m. to 5 p.m.
Japan  7 p.m. to 4 a.m.
Australia  5 p.m. to 2 a.m.
UK  3 a.m. to 12 p.m.

A graphical representation of the above would be:

Click here to check out the current time in EST

From the above graph it is pretty clear that the best trading times when major markets overlap is:

USA & UK: 8 a.m. to 12 p.m.
Australia & Japan : 7 p.m. to 2 a.m.
UK & Japan: 3 a.m. to 4 a.m.

Wherever you are located, I am sure that you will find lots of profitable time to trade. During these peak periods, one can do a lot of small forex trades & earn pretty decent amounts.

Let’s summarize today’s forex trading tutorial :

Best days forex tarde : Wednesday, Thursday & Friday.

Best time for forex trade: 3  Forex trade overlapping time zones.

Wishing you all the best with your online forex earning

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