The Forex Scalpers When Should I Trade?

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I have no idea when I should trade? I see everyone placing orders and making profit all day! You must realize that we trade in a 5.3 trillion market per day and put yourself in the best position possible. Because you can see it like a big sea with 1000’s of sharks in it. Banks Instutions that want your money 90% of retail traders lose on daily base the true is 10% of retail traders are winners. Why? Because its a hard sea to swim in, you need a lot of discipline to survive and become profitable in the forex sea.... Make sure you let your emotions at home stay discipline making charts hours only looking at it is enough focus on one pair only and make it your masterpiece.. Trading is mindset focus discipline and a lot of patience zone to zone. Myself I aim for 1/3 setup per day max. 5% to ? the more consisent you become you can do 20% in an good day its building up your displine and consisentcy. Train yourself with a small account 50$ and built it up with 1/3 setup per day zone to zone. Oke kev thats clear, now the big question when should i trade? We want to be in the best position possible.

We aim for setups during the openings. Why? Because during the openings we have voyatility a lot of voyatility. That mean if the Frankfurt currency market open 08:00 CEST europe/brussel timezone CHANGE IT TO YOUR TIMEZONE google is your friend and is really smart! Same thing we London open at 09:00 CEST europe/brussel timezone. And the same thing with New York stockmarket and currency market open. Stock: 14:00 CEST and Currency 15:30 CEST. During this time and 1/2 hours after we have a lot of momentum pushes and power because banks and instutions are active and placing a lot of buy or sell order in the market. We want to be with them make sure you trade during this time zone to zone again! BUT be aware of news impacts during newyork because we have a lot, for example if your focus is on usdjpy be aware of usd and cad news redmap and orange map down below for example dont trade it!! and make sure before you start your day with trading you cheakout the news at forexfactory.com fxstreet or CNBC.


So now we know the best times are during the openings make sure you choose the time zone that fits you the best and trade that timezone repeat this daily it hit your TP during the first 15min you trade and you take 5% 10% out of the market please call it a day and tell yourself you are done Discipline repeat this daily every day the same thing. Another thing Tuesday wedsneyday and Thursday are the best days to trade, Monday + Friday can be slow. Why? Monday the market started up and need to find his way. Friday all the big sharks leave the table and market slow down.

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