All it takes is careful observation and looking for patterns as to how the market tends to behave during certain times of the trading day. One of the market's predictable habits occurs in the New York afternoon, after 2 pm EST and into the final New York daily closing. As a new trader, if you spend enough time observing the market movements with respect to time of day, you will begin to see some regular predictable patterns. Once a trader has observed the forex market for a length of time, he or she will recognize that the market does have certain habits and does frequently repeat daily patterns of activity. Forex 10 Pips - A Very Simple Strategy For Gaining 10 Pips a Day Trading Forex This article will explain how even a relatively new and inexperienced trader can easily gain 10 or more pips a day on average -- by observing and taking advantage of a com market behavioral pattern during the daily New York Close, or from 2 p.m to 4 p.m. Most notably, this pattern is most frequently observed in the EUR/USD. During this time of the trading day, trading flows are usually light and.

Learning these patterns and recognizing these habits does not require any special knowledge, training or education.