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The best trading time for each pair of currencies

Presentation · May 2017

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Izet Musaj
University of Prishtina
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By Izet Musaj
The best trading time for each pair of currencies
 The foreign exchange market operates around the clock, so it is impossible for a trader
to track every market and seize every opportunity.
 In forex trading, time is everything.
 In order to design an efficient and timely investment strategy, it is necessary to record
the market for 24 consecutive hours of trading, so that traders in their own trading
hours, to seize the maximum trading opportunities.
 If you know a certain currency in which time period will be the largest or smallest
amplitude, there is no doubt that the trader will help to better allocation of capital,
improve investment efficiency.
The best trading time for each pair of currencies
 The Volatility of money(Data from 2016)

Currency pair Asia Time European Time America Time US&EUR EUR&Asia
(EST TIME) 7P.M-4A.M 2A.M-12A.M 8A.M-4P.M 8A.M-12P.M 8A.M-4A.M

EURUSD 51 87 78 65 32
USDJPY 78 79 69 58 29
GBPUSD 65 112 94 78 43
USDCHF 8 117 107 88 43
EURCHF 53 53 49 40 24
AUDUSD 38 53 47 39 20
USDCAD 47 94 84 74 28
NZDUSD 42 52 46 38 20
EURGBP 25 40 34 27 16
GBPJPY 112 145 119 99 60
AUDJPY 55 63 56 47 26
Asia Time 7P.M-4A.M
 Asia‘s foreign exchange transactions are carried out in the central financial district.
 Tokyo is the most important trading center, it is the first opening of the Asian market,
many large participants often its trading volume as a benchmark to evaluate the
dynamic change of the market, and to develop the corresponding trading strategies.
 For investors who can withstand greater risk, G/J, U/J is a very good choice, because
they are more volatility, short-term traders can get more profitable opportunities.
 Day traders in Asia market position, waiting for the European market opening
Asia Time 7P.M-4A.M
Volatility－Asia Time
120
112

100

80 78

65

60 55
51 53
47
42
40 38

25

20
8

0
USDCHF EURGBP AUDUSD NZDUSD USDCAD
EURUSD EURCHFAUDJPY GBPUSD USDJPY GBPJPY
Asia Time 7P.M-4A.M
 For risk averse investors, AUD/JPY, GBP/USD these two currencies are a good choice,
because they allow long-term investors to make trading decisions when concerned
about the fundamentals.
 These currencies are relatively mild fluctuations, helps to protect the trader, is their
trading strategy is not easy to be caused by the day of the irregular fluctuations in the
exchange.
America Time 8A.M-4P.M
 New York is the world's second largest trading market, starting from his afternoon
session until the start of the next day in the Tokyo market, the amount of foreign
exchange transactions usually gradually reduced to the minimum.
 GBP/USD, USD/CHF, and GBP/JPY are very good choices for investors who are more
able to take risks and day traders, because their average volatility is 120pips.
 But the high return of money on the risk is also high, traders according to the market
situation, the constant correction of trading strategies, because the exchange rate
suddenly sharp fluctuations, it is easy to make traders SL/TP does not play a role.
America Time 8A.M-4P.M
Volatility－America Time
140

119
120
107

100 94

84
80 78
69

60 56
47 49
46

40 34

20

0
EURGBP NZDUSD AUDUSD EURCHFAUDJPY USDJPYEURUSD USDCAD GBPUSD USDCHF GBPJPY
America Time 8A.M-4P.M
 For risk averse investors, USD/JPY, EUR/USD，USD／CAD these currencies are a good
choice, because they allow long-term investors to make trading decisions when
concerned about the fundamentals.
 These currencies are relatively mild fluctuations, helps to protect the trader, is their
trading strategy is not easy to be caused by the day of the irregular fluctuations in the
exchange.
European Time 2A.M-12A.M
 London is the world's largest foreign exchange trading center.
 As the London market has a high degree of liquidity and efficiency, so most of the
transactions are completed in the London session
 GBP/CHF, GBP/JPY is suitable for risk preference. These two currencies on the average
daily volatility of more than 140PIPS, traders can get huge gains in a short period of
time.
 For the more able to bear the risk of traders, EUR/USD, USD / CAD, GBP/USD, their
average volatility of 100PIPS, are good choices.
European Time 2A.M-12A.M
Volatility－European Time
160
145
140

120 117
112

100 94
87
79
80

63
60 53 53
52

40
40

20

0
EURGBP NZDUSD EURCHF AUDUSDAUDJPY USDJPYEURUSD USDCAD GBPUSD USDCHF GBPJPY
European Time 2A.M-12A.M
 For risk averse investors, NZD／USD，AUD/USD，AUD/JPY，these currencies are a
good choice, because they allow long-term investors to make trading decisions when
concerned about the fundamentals.
 These currencies are relatively mild fluctuations, helps to protect the trader, is their
trading strategy is not easy to be caused by the day of the irregular fluctuations in the
exchange.
Euro&Asia 4A.M-8A.M
 Asia - Europe overlap period is in the morning in America, so trading volume is far
lower than other trading session, trading volume rarely, it can be prepared by this time
began to market in Europe or the United States market breakthrough.
European&Asia 4A.M-8A.M
Volatility－European&Asia
70

60
60

50
43 43

40

32
30 28 29
26
24
20 20
20
16

10

0
EURGBP AUDUSD NZDUSD EURCHFAUDJPY USDCAD USDJPYEURUSD GBPUSD USDCHF GBPJPY
US&EUR 8A.M-12P.M
 Foreign exchange markets are most active when the world's two largest trading centers
overlap. Eastern world of the United States at 8 am to 12 pm, the volatility of the
European session of all currencies on the volatility of the 70%
US&EUR 8A.M-12P.M
Volatility－European&Asia
120

99
100
88

80 78
74

65

60 58

47

38 39 40
40

27

20

0
EURGBP NZDUSD AUDUSD EURCHFAUDJPY USDJPYEURUSD USDCAD GBPUSD USDCHF GBPJPY
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