Which Day to Trade?

In fact in forex trading world, there are also particular days in the week where the forex markets tend to show more movement. Following is a table of average pip movement for the major pair for each day of the week.

Pair	Sunday	Monday	Tuesday	Wednesday	Thursday	Friday
EUR/USD	69	109	142	136	145	144
GBP/USD	73	149	172	152	169	179
USD/JPY	41	65	82	91	124	98
AUD/USD	58	84	114	99	115	111
NZD/USD	28	81	98	87	100	96
USD/CAD	43	93	112	106	120	125
USD/CHF	55	84	119	107	104	116
EUR/JPY	19	133	178	159	223	192
GBP/JPY	100	169	213	179	270	232
EUR/GBP	35	74	81	79	75	91
EUR/CHF	35	55	55	64	87	76

Before analyse the table above, the table above is created base on westen countries. For malaysian, our market time actually start at monday morning and ended at saturday morning.

Anyway, let see the table above, Malaysia Forex Trading know you are clever enough to discover that it is best to trade during the middle of the week, since this is the moment when most movement happened.

Other than that, these are some good time and bad time to trade in forex trading.

when to trade in forex

1. When two sessions are overlapping.
2. The European session since most movement happened in this session.
3. The middle of the week typically shows the most movement.

when not to trade in forex

1. Holidays. When everyone is out of market and enjoy their holidays.
2. First day and last day of the week, which tend to be thin market.
3. Major news event, which might cause you a lot of losses.