What is Forex Market Trading Hours ? Forex Market Timing ?

Forex Forum Main - General Board
Post Reply
User avatar
fx-master
Posts: 5
Joined: Sat Jul 22, 2017 2:19 pm

Sat Jul 22, 2017 2:23 pm

What is Forex market trading Hours i mean i want to know forex market timing ?
User avatar
4x-Guru
Posts: 7
Joined: Sat Jul 22, 2017 3:00 pm

Sat Jul 22, 2017 3:05 pm

Forex Market Timing - Trading Hours

The Forex market is open 24 hours a day, 5 days a week, providing plenty of flexibility and opportunity for traders. General Forex trading hours or fx trading timing open at 22:01 GMT on Sunday and close at 21:59 GMT on Friday each week. In this period, there are major Forex markets open in various countries which all overlap, so you can trade 24/7.

Day Trading Sessions

The best time to trade will depend a lot on your trading strategy and lifestyle. For most people who are trading as a hobby or money-making venture on the side, this will be throughout the day and early evening. With the many trading platforms available, this has made it easier than ever to trade around the clock and on the go, on smartphones and tablets for example.

During the day is when most political and other economic events will be going on and affecting the currency prices. It is also when the most traders will be buying and selling currencies, so this is often the most active and volatile period for trading forex.

Trade Through the Night

If you are looking to trade particular currencies, such as the Japanese yen or Singapore dollar, the best time to trade forex may be over night. The forex market is open 24 hours so you can trade through the night, which may be best when trading Japanese, Chinese, Australian and other currencies which could be most active at those times due to time differences.

This can suit certain traders, if you are freelance, work during the days or nights or it is a full-time profession. These additional forex trading hours also provide many more possibilities to profit and take advantage of any price fluctuations that you would otherwise miss. Generally, the best time to trade forex is when the most markets overlap and the currency pairs you are trading are heavily tied to both. So the GBP/USD pair is best traded between 13:00 and 16:00 GMT for example.

Important Trading Times

There are a few further important forex market hours to be aware of. Like everyone, the markets do have a rest, with annual and national holidays seeing certain ones close for set periods, when no trading activity will take place.
mikandy
Posts: 1
Joined: Tue Aug 08, 2017 8:14 am

Tue Aug 08, 2017 8:18 am

good article
Post Reply

Return to “Forex Forum Main - General Board”