Best Forex Trading Sessions for Nigerian Traders (WAT Times)
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Nigeria has a great position for forex. The busiest hours of the day fall in your afternoon, not in the middle of the night.
Sessions in West Africa Time
These are rough times. Sessions have no official opening bell, and brokers differ slightly.
| Session | Winter (WAT) | Summer (WAT) |
|---|---|---|
| Tokyo | 1am to 10am | 1am to 10am |
| London | 9am to 6pm | 8am to 5pm |
| New York | 2pm to 11pm | 1pm to 10pm |
| London and New York overlap | 2pm to 6pm | 1pm to 5pm |
Summer here means when the UK and US have moved their clocks forward. Nigeria does not change its clocks.
The best hours
The overlap. Both big markets are open. Moves are larger and spreads are usually tighter. EUR/USD, GBP/USD and gold are most active.
The London open. The first hours of London often set the direction for the day.
The hours to be careful with
Late at night. Volume falls after New York slows down, and spreads can widen.
High-impact news. Big releases move prices fast. On a funded ThaurusGuru account you cannot open or close trades from 10 minutes before to 10 minutes after high-impact news.
A simple routine
- Mark key levels at 8am.
- Trade the London open if your setup appears.
- Take a break.
- Trade the overlap in the afternoon.
- Finish by 6pm and write your journal.
You do not need to watch charts all day. Two good hours beat ten tired ones.
Ready to trade with a bigger account? See prop trading in Nigeria.