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    Thread: Worst time to trade forex

    1. #31
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      Quote Originally Posted by firebold View Post
      Worst time to trade is Monday and Friday. On Monday, no one knows the direction of the market and on Friday the market is highly volatility. Also on the last day of the month many traders close positions and we must be careful.
      for me nothing worst time to tarde because all time is the best for trade,,
      because depending on how your style of trading,, scapling or long trader

    2. #32
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      The worst time to trade forex is when there is less activity in the market,that is when there London and European market are closed and other markets like the Tokyo session is relatively inactive.

    3. #33
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      Quote Originally Posted by sasake View Post
      for me nothing worst time to tarde because all time is the best for trade,,
      because depending on how your style of trading,, scapling or long trader
      not so friend., much factorsthat affect a country'scurrency movements ., a lot worst time to trade such
      if a country is has conflict, especially war., it is very terrible and very difficult to analyze the movement of these currencies

      the second one if the country disaster. This news like that of Japan some time ago.,

      advice: please avoid trading at the moment. because of the price movement away from predictions that have been analyzed

    4. #34
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      There is no worst time to trade. Different periods just mean different strategies. For instance in non volatile periods you can use bollingers to trade by selling at tops and buying at bottoms... in volatile periods you can use break outs and so on

      Happy trading

      forexsage

    5. #35
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      If your trading not suitable for volatile market , then non farm payroll data is very risky one that coming every 1st friday of the month. It kill many account but some people earning good as well.
      As you sow, so shall you reap.

    6. #36
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      I don't know if it's true but before a few months when it was November and December , my friends told me that end of a year is the worst time to trade in Forex . but i never felt it when i traded in this period , it was as usual for me (I don't know if it was my luck or it's their misunderstanding ) . and i want to agree with forexsage , I do think that different period means different strategy .

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      Quote Originally Posted by shibilyt View Post
      I don't know if it's true but before a few months when it was November and December , my friends told me that end of a year is the worst time to trade in Forex . but i never felt it when i traded in this period , it was as usual for me (I don't know if it was my luck or it's their misunderstanding ) . and i want to agree with forexsage , I do think that different period means different strategy .
      That is true,every time or period of the day should have different trading approach and strategies,that is the essence of having a flexible trading plan to counter such trading period

    8. #38
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      i don't trade sideway market, so the worst time for me is when the market is sideway or volatility is low.
      thats why i only trade at london and US sessions.

    9. #39
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      Quote Originally Posted by ganeshjain View Post
      If your trading not suitable for volatile market , then non farm payroll data is very risky one that coming every 1st friday of the month. It kill many account but some people earning good as well.
      it is true, I remember when news nfp yesterday, it was a very bad time ..
      I think a lot of speculators that existed at the time the story appeared,
      I got mc friday and it was a bad day for trading ..

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    11. #40
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      Quote Originally Posted by rinjani View Post
      it is true, I remember when news nfp yesterday, it was a very bad time ..
      I think a lot of speculators that existed at the time the story appeared,
      I got mc friday and it was a bad day for trading ..
      lol... i got mc on my 1st friday of my forex carear and from that day still i am fear of that nfp...lol
      So i never traded again on that day but from last 2 month i started and trading with small lot size with tight stop loss.
      As you sow, so shall you reap.

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