Best Times to Trade

EUR/USD
During the Tokyo session, the Euro only trades 15% of all volume so it is best to start watching the Euro late in the Tokyo session. It trades 39% of all Forex volume during the London session. It can also be traded during the New York session.

GBP/USD
The pound trades extremely lightly during the Tokyo session. Start watching it near the end of the Tokyo session as it can start moving then. In the London session, GBP/USD accounts for approximately 23% of all Forex trading volume. The pound can be traded in the New York session also.
USD/JPY
During the Tokyo session, USD/JPY accounts for approximately 78% of all Forex volume. This drops to about 17% during the London session. There are occasional days when these 3 pairs make significant price moves outside the sessions which normally have the most trading volume.

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When to EXIT a Trade?

The best time to exit a trade is when the price crosses back down through all 3 EMA’s on the chart. Notice in the above example that the Dark Blue line—the actual price of USD/CHF on the 20th crossed back down all three indicators where I circled EXIT. If you held this position all week, you could have made a 275 pip profit.

With 1 lot traded on a standard account this would have been approximately $1780.00 in profits. With 2 lots--$3560! A mini account would have profited you $178 and $356 respectively.
If you profited 275 pips with EUR/USD or GBP/USD you would have made approximately $10 per pip, which you would have made $2750 with one lot and $5500 with 2 lots traded. Not bad for one week!

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To be able to withdraw your free cash bonus, you need at least to open 20 trading lots in period not exceeds 3 months.For more information about our current and future [ForexGen] promotions, contact one of our customers support agents at promotions@forexgen.com