To profit from the Forex market, we need volatility so that the market can give us strong trends be it long or short position, to allow us to capture and profit from it. So what are the golden hours to open a trade where the volatility is at its greatest and which are the most affected currencies pair that you can trade at these golden hours?
a. During Asian Session, the golden period: 0700 -1000 Singapore Time (+8 GMT) and the most volatile pairs at that period are AUD/USD and AUD/JPY.
b. During European Session, the golden period:1500-1800 Singapore Time (+8 GMT). You can trade all the major pairs.
c. During US Session, the golden period: 2000-2400 Singapore Time (+8 GMT). You can trade all the major pairs.
After lunch, the European will resume trading at around 2000 Singapore Time when the European market will combine with the US market, that will create the most volatility during 2000 – 2400 period Singapore time (+8 GMT).