My trading schedule [Fudou Shutaro]
The forex market has a global presence, so it operates 24 hours a day during weekdays. However, there are times when the market moves a lot and times when it moves little. Therefore, to improve FX win rates, it is important to trade during periods when the market is likely to move. How does Shutarou Fudoushuu plan his trading schedule?
*This article is a reprint and edit of an article from FX攻略.com, August 2018 issue. Please note that the market information written in the main text may differ from the current market conditions.
Shutarou Fudou (Fudoushuu) Profile
Currency trading instructor and writer. He has released seminar DVDs and discussion CDs through publishers. In addition to giving lectures at financial exchanges, securities exchanges, FX brokers, and investment trust companies, he also writes for magazines and serves as a school instructor for FX and stocks.
Official site:Shutarou Fudou's "Behind the News Coverage"
twitter:https://twitter.com/syutaro_fudo
Market movements in the foreign exchange market vary by time of day
Forex trading is primarily conducted between banks and other financial institutions, known as the interbank market. The most active trading hours align with normal business hours, roughly from around 8:00 to just before 17:00 local time, and this period is called office hours. The London market has the largest trading volume, followed by the New York market.
London time starts at 16:00 Japan time (17:00 during winter time), and on average is a period with higher price movements. From around 21:00 Japan time, the London market plus the New York market become active, increasing trading volume. Among these, particular attention should be paid to the London fix time around 0:00 Japan time (15:00 local time) and, in winter, around 1:00 Japan time (16:00 local time).