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Old 05-01-2006, 12:20   #1
TraderGeek
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Best time to trade

Hi all,

I'm a newbie and just gettng into forex. Have a demo account I've played with ... got lucky on the last couple days of Euro climb but I know it was just dumb luck.

Anyway, since I have a day job during US Market Hours, I'm wondering what would be the best time to trade in the evening and what currencies? Would JPY stuff be best since the Asian markets are open then?

What I'd like to do is develop 2 strategies:

1. A swing / multi-hour / multi-day strategy that is "set and forget" that could be active while I'm at work. With this one, advice on times to enter and pair(s) to focus on would be helpful.

2. An active strategy where I'll be in and out while watching the screens, preferably that I could trade sometime between 7PM and midnight or so, CST.

BTW, I'm in US CST if that helps. EST is fine though ... I can handle that transition. It's Asia that gets me.
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