What is the best time to trade USDJPY in Nigeria?

Any idea when is the ideal time to trade the USD/JPY forex pair in Nigeria?

S
@sandy20 - 1 year ago

USD/JPY sees its peak activity during the New York session which starts around 2:00 PM and ends around 11:00 PM Nigerian time.

If you miss trading during this period, you can also trade USD/JPY during the Asian session but you have to stay awake during the wee hours of 1:00 AM to 5:00 AM Nigerian time.

For someone in Nigeria, when you trade USD/JPY at the above suggested times, you will notice the spread will be lower than what it would have been had you traded outside these times.

Quoted - dipuo_kefilwe

The New York session is the best time to trade the USD/JPY forex pair because most big American banks are open at this time which translates to lower spreads and faster execution. Catch the New York session between the hours of 2 pm and 11 pm if you are trading from Nigeria.

You can trade usd/jpy during the New York or Asian session but trading during the Asian session will mean trading at odd hours when you should be sleeping so I would say the New York session is more convenient since it starts by 2:00pm in the afternoon till 11:00pm Nigerian time.

K
@kehinde - 3 months ago

London session (I know you thought I would say Asian session)

Quoted - kehinde

London session (I know you thought I would say Asian session)

I agree with you, the London/Frankfurt session has potential for liquidity and less sudden spikes when trading USD/JPY.

Y
@yokoyi - 2 months ago

Nigerians can trade USD/JPY from the Frankfurt session open (7 am) till the New York session close (9 pm) on weekdays. However, what works for me is I get into the market from 7 am Frankfurt session, and try to catch the direction of the market early while setting a small stop loss.

Disclaimer:

At MyTradingLand.com, we connect you with forex brokers and provide a community for traders. While we offer valuable information and resources, please note that we are not financial advisors and cannot provide personalized financial advice. Always conduct your own research and invest responsibly.

Community Guidelines: The MyTradingLand.com community is designed as a resource for forex traders, promoting respectful and constructive discussions. We reserve the right to remove any content that is misleading, abusive, or violates our terms of service.

Broker Information: While we may receive commissions or advertising income from some of the brokers listed, this does not imply an endorsement of any broker, nor does it affect our review process. Our evaluations are based solely on objective criteria and user feedback.

Always verify the regulatory status of any broker with your local financial authority, along with their terms and privacy policies, before engaging with them. It is crucial to conduct thorough research to ensure that you are making informed decisions.

Risk Warning: At MyTradingLand.com, we strive to provide accurate information; however, the forex market is highly volatile and can change rapidly. It is essential to verify any information before making investment decisions.

Please be aware that trading in forex involves substantial risk, and it is possible to lose more than your trading equity/investment capital. 70-90% of retail CFD traders incur losses in their trading activities as per information from various brokers.

You are solely responsible for your use of MyTradingLand.com and any trading decisions you make. We encourage all users to educate themselves thoroughly about forex trading and to consider seeking advice from qualified financial professionals.

Advertising Disclosure: We may earn commissions from recommended brokers, but our reviews are independent (not influenced by potential earnings). Sponsored content is clearly marked and doesn't reflect our views.

©2026 ©2025 All rights reserved Mytradingland.com