Hours of trading binary options
If you keep trading after the most volatile hours are over or your most profitable hours , make sure you are fully alert and not feeling tired. For these reasons, I have chosen to trade forex for approximately one hour per day around the start of the US forex session.
I then switch over to futures, and trade the first two hours of the US equity markets. The first two hours are usually the most volatile of the session, providing the most trading opportunities, quickly.
It took time to learn, but less is more. While the strategies you employ may be different than mine, and therefore more profitable at other times of the day, I encourage you to trade efficiently. Keep track of your trading stats and see at what times you are most profitable. Trade only during the few hours that are most profitable. There are two reasons for this. By only trading the two to three most volatile and potentially profitable hours of the day I get much better use of your time.
While I may make a bit more if I trade all day, the amount I am likely to make is on a decreasing scale. Your most important trading tool is your brain, and your ability to stay calm, disciplined and focused.
After a couple hours of staring intently at my screen, I need a break. It is not only that there is usually two to three hours which have the best opportunities, but after trading those hours your brain is starting to get tired. Although binary options are a global trade, not all assets will be available all the time. Be sure to check carefully when the financial markets for your chosen assets are open to trade.
The Opening hours are: That said, a good little tip is that if you are based in the Eastern Time zone, you are not restricted to these hours, as the first four hours overlap with the last four hours of the London market session and therefore there is a high volume of trading within these four hours. Leading to high price volatility, and with it, plenty of binary options opportunities.
Whilst you can clearly trade in any market, there is no denying that the activity on the US stock market leads to the best chance for price swings. EST, however, it is not uncommon to see price activity fall to very low levels from 12 P.
EDT when traders break for lunch. However, in many cases the time may be shorter, so always check with your binary options trading broker to find out when you can trade in your favourite or chosen assets. Ready to start to trade binary options online?