Forex Trading Hours
The largest Forex transactions financial centers are the United States, the United Kingdom, Japan, Switzerland, Singapore, Australia, Hong Kong and France. If there are other financial centers in the world other than these centers, these centers provide the greatest effect on market hours. Trading hours are gathered in three sessions, European Asian and North American sessions.
Forex transactions markets can be traded 24 hours a day on weekdays. Forex market starts at sunrise on Sydney on Sunday with the clock on Turkey, and transactions continue until Friday night New York Stock Exchange closes.
Transactions are particularly active between 10:00 am and 11:00 pm on the Tokyo and London markets, between 15:00 and 19:00 am on the opening of the London and US markets and reach the highest transaction volumes.
Summer Time Slice EDT GMTAsia Opening 18:00 4:00Asia Closing 22:00 08:00Europe Opening 03:00 12:00Europe Closing 07:00 16:00North America Opening 08:00 17:00North America Closing 12:00 to 21:00
Winter Time Slice EDT GMTAsia Opening 16:00 03:00Asia Closing 21:00 08:00Europe Opening 03:00 12:00Europe Closing 08:00 17:00North America Opening 08:00 17:00North America Closing 13:00 22:00 When traders are introduced to the foreign exchange (FX) market, their first knowledge is that this market is the only financial market open all around the world, six days a week and 24 hours a day. Even though this statement is theoretically correct, in practice the FX operations consist of three different daily trading sessions. Understanding the real structure and strange order of each session is crucial for every trader trying to make a profit from his often contradictory movements in the foreign exchange market. In short, you should be aware of the secret rhythms of the foreign exchange market if you want to do currency exchange during the day. The transactions you will perform may result in loss. But at the same time it can be exciting, tiring and addictive. The more intimidating you are with money, the harder it is to decide with a clear head. The money you win is very valuable, but you should never trade with the money that will keep you standing. You can perform forex transactions at specified times