During what hours is FOREX open? Are there off-hours trading?
Monday, February 10, 2014
, Posted by Ryanita at 12:00 PM
Lobster Di
Very good info. I still need to the times. Closes about 5pm EST Friday... Opens.... 5pm Sunday? ...but I thought I remembered someone saying 24/6... still, I def remember people saying their services are avail 24/5...
it's 5pm EST and they just went back online. There's my answer - they're down from 5mp EST Friday to 5pm EST Sunday. omg I'll have weekends in my new career... when i get there...
Answer
Forex market is open 24 hours a day. It provides a great opportunity for traders to trade any time of the day or at night. However, although it seems to be not very important at the beginning, the right time to trade is one of the most crucial points to be successful in trading at the forex market.
So, when should one consider trading and why?
The best time to trade is when the market is the most active and therefore has the biggest volume of trades. More active currency moves will create a good chance to catch the trade and make some profit. A calm, slow market is literally wasting of time â turn off your computer and don't even bother!
Forex trading hours, trading time:
New York opens 8:00 am to 5:00 pm EST
Tokyo opens 7:00 pm to 4:00 am EST
Sydney opens 5:00 pm to 2:00 am EST
London opens 3:00 am to 12:00 am EST
And so, there are hours when two sessions are overlapped:
New York and London â 8:00 am â 12:00 am EST
Sydney / Tokyo â 7:00 pm â 2:00 am EST
London /Tokyo â 3:00 am â 4:00am EST
For example, trading EUR/USD, USD/GPB currency pairs would give good results between 8:00 am and 12:00 am EST when two markets for those currencies are active.
At those overlapping trading hours you'll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market.
Forex market is open 24 hours a day. It provides a great opportunity for traders to trade any time of the day or at night. However, although it seems to be not very important at the beginning, the right time to trade is one of the most crucial points to be successful in trading at the forex market.
So, when should one consider trading and why?
The best time to trade is when the market is the most active and therefore has the biggest volume of trades. More active currency moves will create a good chance to catch the trade and make some profit. A calm, slow market is literally wasting of time â turn off your computer and don't even bother!
Forex trading hours, trading time:
New York opens 8:00 am to 5:00 pm EST
Tokyo opens 7:00 pm to 4:00 am EST
Sydney opens 5:00 pm to 2:00 am EST
London opens 3:00 am to 12:00 am EST
And so, there are hours when two sessions are overlapped:
New York and London â 8:00 am â 12:00 am EST
Sydney / Tokyo â 7:00 pm â 2:00 am EST
London /Tokyo â 3:00 am â 4:00am EST
For example, trading EUR/USD, USD/GPB currency pairs would give good results between 8:00 am and 12:00 am EST when two markets for those currencies are active.
At those overlapping trading hours you'll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market.
What are the major forex market trading hours?
Carla Elia
Answer
The best time to trade is when the market is the most active and therefore has the biggest volume of trades.
New York opens at 8:00 am to 5:00 pm EST
Tokyo opens at 7:00 pm to 4:00 am EST
Sydney opens at 5:00 pm to 2:00 am EST
London opens at 3:00 am to 12:00 noon EST
The best time to trade is when the market is the most active and therefore has the biggest volume of trades.
New York opens at 8:00 am to 5:00 pm EST
Tokyo opens at 7:00 pm to 4:00 am EST
Sydney opens at 5:00 pm to 2:00 am EST
London opens at 3:00 am to 12:00 noon EST
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