Can't Trade During Busy Market Hours?

What to do if you can’t trade during the busy market hours

If you live in a crappy time zone or you have a day job, then you probably can’t sit in front of a computer during the busy market hours. If this describes you, then I have a few solutions for you:

• Move to a better time zone. Move to London preferably. Sure you’d have to pack up and start a whole new life, but hey, at least you can trade right?
• Trade at work (be sure you have some “real” work ready just in case your boss sneaks up behind you and asks what you’re working on). I also recommed you master the ALT-TAB key combination (if you use Windows) so you can quickly switch windows at a moment's notice. This option can be the ultimate perk because your employer is basically paying you while you trade forex. Gettin' paid while gettin' paid if you know what I'm sayin'.
• Become a swing or position trader. As a swing/position trader, you won’t have to constantly monitor the markets and you can check or look at them when you get off work.
• Trade a different session even if it’s not the busiest one. If you can’t trade the London or U.S. session, then trade the Tokyo session. However, you should be disciplined and trade it every day. You will start to learn how it moves and can develop strategies that are specific to that session.

We think 3 and 4 are your best options, but again, the choice is up to you.

Even if you can’t trade, it’s good to watch the charts for a full session. By getting use to seeing the price movement in action, you can actually see the real story of the currency. Watching the charts live is very different then looking at past charts.

Even if you can’t actually trade the market, make mental notes of when you would take trades while you’re watching the charts live. Practice makes perfect, and the more you do it, the better you’ll get at it.

The Choice Is Yours

There you have it! We’ve given you all the information you need regarding when the best times to trade are. All you have to do now is decide whether or not you would rather trade when it’s easier to make money, or if you’d rather do it the hard way.