I only moisturize at night a few times a week. I do it right before I hop in bed, but then I usually watch tv for an hour or so before actually turning out the light and going to sleep.
I apply my moisturizer right after I cleanse, unless I use some treatment product like Green Cream then I'll wait an hour. Recently I have been using Silkia camellia oil as my moisturizer and it's fabulous. My skin looks so nice and glowing.