Choose the best forex trading time, don't lose money anymore!

The forex trading hours in Hong Kong are from 9 AM to 5 PM, but to be honest, this is just the official time. Personally, I think that those who understand how to navigate the time differences in the global forex market are the real winners!

As a player who often trades late at night, I have found that the forex market is not as simple as it seems. The market operates 24 hours, which is true, but I'm not a robot; I have to sleep, right? So finding the right time to trade is super important!

Global Major Forex Market Schedule

Those textbook theories tell us that the forex market starts at 4 AM on Monday and ends at 4 AM on Saturday, but in actual operation, I don't care about any theories! My experience is:

• Sydney: Beijing time 07:00-15:00 (the market is usually very quiet)
• Tokyo: Beijing Time 08:00-15:30 (Japanese yen trading is relatively active)
• Hong Kong: Beijing Time 09:00-17:00 (important trading center in the Asia region)
• London: Beijing Time 16:30-23:30 (It's really exciting at this time!)
• New York: Beijing time 21:30-03:00 (Dollar Uncle appears)

Every time I see the overlap of the London and New York trading sessions (Beijing time 21:30-23:30), I know it's time to make a fortune or lose big! During this period, trading volume surges, exchange rates fluctuate the most, and risks and opportunities coexist.

Don't be foolish and trade at the wrong time

I used to make this kind of mistake - making large trades in European currencies during the Asian market hours, resulting in fluctuations as stagnant as dead water, with funds stuck there all day.

Once, during the Hong Kong market session (around 2 PM), I went on a buying spree for euros, thinking I would definitely make a profit. However, when the Europeans woke up, the market suddenly reversed, and I lost quite a bit. What’s the lesson? Don’t rush to place big bets during stagnant periods!

My current strategy is:

• Observe the movements of the Asian market in the morning
• Prepare to enter after 3 PM (Europe starts to become active)
• The golden hours are from 9 PM to midnight (make sure to be in front of the computer!)

No trading platform will honestly tell you these things! They just want you to be trading 24 hours a day, constantly paying fees.

Finally, I remind everyone not to hold positions overnight over the weekend. I have a friend who was very happy on Friday, but when the market opened on Monday, there was a gap and he was directly liquidated, and there was no time to cry!

The market is not that simple; finding the right time is key to taking the initiative.