As a forex trader you in all probability have your favorite pair, or pairs, that you trade repeatedly. After a while you recognize that currency pairs have a tendency to acquire something of a personality. You likewise start to get a feel for how they act in response to specific news releases. In this commentary we’ll make clear the features of a particular forex currency market article – and then tell you where you can get your own copy totally free of charge.

Do you think it would be useful to know what time trends in your currency are more than likely to begin? What if you were able, determined by years of statistics, to identify what days of the week are optimal to trade in your specific currency pair? This could amount to forex secret trading because you have an advantage by knowing when these developments are more than likely to come about. Data compilations have revealed what the most active trading day for a currency, and the best hours within that day to trade – as well as what are the most active trading hours within that day. Learn the details of Forex trends and download our free report that we call the CHEAT SHEET.

This information does not tell you HOW to trade forex, but rather WHEN so one can get the most out of your possibilities for a winning trade. We give you some guidelines as to how far the price is likely to progress throughout this trend, how much of that move you can realistically expect to capture, and finally how long the trend is likely to last.

Let’s start the ball rolling with the GBP/USD. Trading the four-hour (H4) bars studies show 31% of trends get going on Thursday. Why use the H4 you ask? H4 offers the advantages of intra-day trading without having to constantly watch your laptop all day. Also, it filters out much of the “clatter” of the lower timeframes.

What about the best hours to trade within those days? Statistics shows that between 1 and 9 am eastern time is the best, the most active. This isn’t big news because this period catches much of the time that the London market is open. Hour of highest activity, where trends are most likely to begin is 5 am eastern…which is 10 am in London.

Remember London is commonly five hours ahead of eastern time in the US. There is a small period in spring and fall when the difference is four hours…and this is because the UK and the European continent do not go on and off Daylight Savings Time on the exact same day the United States does.

So now we know the absolute best day and time to trade the GBP/USD is Thursday during the 5 am eastern hour.

Now, how long can we anticipate a trend to last? Again, with the four-hour bars we notice that 48% of the time the trend lasts between 6 and 11 bars. Six H4 bars equals a full day – 24 hours. 11 of those bars equals 44 hours, almost two complete days.

To finish, how much of a move can we expect that trend to make and how much of it can we logically expect to seize? In our GBP/USD illustration Thursday is again the winner demonstrating that the usual pip gain is 147 of which we can presume to capture about 85% or 125 pips.

Equipped with this information, do you suppose it would enhance the odds of your currency system forex trading? While not an literal forex currency market article, this information will help put the odds on your side.

Visit our webpage under the Resources section to get a hold of your own copy of this 37-page article which we call the Cheat Sheet.

Shortcut to realistic tips in the sphere of forex investment – go through the publication. The times have come when concise information is really within your reach, use this chance.