Inside technicals and chart patterns by 
Experienced traders understand volatility from hours spent in front
of their charts and trading platform. There’s usually statistical
relevance that can back up anecdotal evidence.
Experienced traders will tell you that active trading hours are
typically between 8:00 and 10:00am EST. Looking at the chart below of
the EUR/USD you can clearly see when the widest ranging activity
occurs. This is not applicable to the EUR/USD only, a similar study of
the USD/CHF, USD/JPY, GBP/USD reveals the same active trading hours.
The reason? The U.S. Dollar.
Over the next few posts we’ll take a look at some of the stats as they apply to trading times, days, and specific pairs.
courtesy of Autochartist PowerStats