Well, in my knowledge this can be a personal choice but the time period chosen will affect the strategy used for scalping Forex. Using New York Eastern standard time we can briefly look at the various time 7:00 am to 8:00 am. As I read about that, this is a rough time for the European markets as the traders anticipate New York opening at 8 am. A good time for scalping Forex dealers to practice their skills.
8:00 to 1:00 PM: The most liquid and volatile trading time as London, New York and Frankfurt are open. This is the time where scalping Forex strategies much make the most of the market movements to make profits.
3:00 to 5:00 PM: Scalping Forex tactics that work when there is a degree of market volatility can be applied here as some banks are still open in the US.
5:00 to 7:00 PM: The time favors the dealer who uses strategies that work on a quieter market where smaller and non directional movements occur.
So, in my opinion and reading knowledge this is the good time. On the other hand, now I am waiting for your valuable option on this issue.