There are 4 main forex trading sessions with opening/closing hours based on the biggest financial centers: Sydney, Tokyo, London, New York. Time is money and so in the 24-hour forex market timing is critical as it may produce high profits. The overlaps among forex trading sessions are important to traders because those times typically correspond to periods of greater exchange rate and order activity, volatility and trading volume. Perhaps the most important and active of these overlaps occurs between the London and New York sessions. Best Forex trading sessions. Tokyo Trading Session lasts between 7:00 PM – 4:00 AM EST. Tokyo is the first market to open. London Trading Session lasts from 3:00 AM EST to 12:00 PM EST. Traders should remember that London is the largest and most important trading center in the world and it is more volatile than the other two sessions. The international currency market has one distinct feature – it is open 24 hours per day and five days in a week. A single trading day in the market, however, is not dominated by one only market exchange, but engages a network of exchanges and brokers around the globe.. Every trading day is comprised by four different parts, which are usually referred to as ”trading sessions” by market ... Forex Market Hours Trading Sessions. A trading session is a period when banks and other market participants trade actively. The forex market works round the clock from Monday to Friday. When night falls in one part of the globe and the local market shifts into a sleeping mode, the sun rises in the other part of the planet, and trades start there.
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