I am often asked when are the best days to trade forex.  Before I answer that let me digress for a minute.  A lot of traders love the fact that the forex markets are open around the clock as it provides many more trading opportunities then say in the equities markets.  The only downside to a market that is open 24/7 is that you can't possibly watch it all the time and as a result your are bound to miss trades from time to time.

With that said don't get hung up on the trades you are bound to miss and simply try to make the most out of the time you do have trading the forex markets.

To help make your time most productive, it helps to put more focus on the trading days that have the most movement.  With that said, the best days to trade forex are…

Best:  Tuesday and Wednesday

Second Best:  Monday and Thursday

Third Best:  Friday and Sunday  -  These days are slowest because people are not at work or taking extended weekend breaks.

Two great pairs to trade are the GBP/USD and USD/CHF during high volume times.

These times are the London open from 6AM - 8AM GMT and the New York Open from 1PM - 4PM GMT

That's all for now.

Peace & Prosperity!