The Best and the Worst Times to Trade Forex

Trading sessions from Sunday When you visit a website, the website sends the cookie to your computer. Wellington then closes at midnight, while Sydney then closes at 1: Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account. This tends to make these more liquid periods better times to trade, theoretically at least. Behavioral cookies are similar to analytical and remember that you have visited a website and use that information to provide you with content which is tailored to your interests.

Forex trading starts at the conclusion of each weekend (locally Saturday/Sunday) with the opening of the Asia session (includes Oceania [Wellington-New Zealand]; Sydney,Australia; Tokyo, Japan; Hong Kong; Shanghai, China; Singapore; Moscow, Russia).

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Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure. Open an Account Here. Trading sessions from Sunday This break runs for the rest of Friday, during all of Saturday and until 5: You may have noticed when reading the previous section that at several times of the day more than one market is open at the same time.

These overlapping times usually provide the greatest degree of liquidity in certain currency pairs, as well as wider pip range movements. This tends to make these more liquid periods better times to trade, theoretically at least.

Basically, since more liquidity and a higher volume of trades will often be more beneficial to the speculative forex trader, certain times when trading is heavier in particular currency pairs can give a trader the edge needed to be profitable. This is especially true for traders using short term strategies like scalping or day trading.

This overlap is the key forex trading period when both the New York and London major forex trading centers are open for business. Trading in all the European currencies is heaviest during this period and offers the most liquidity for currency pairs involving the Euro, Pound Sterling and Swiss Franc. Such especially liquid overlapping times would include the important 8: Frankfurt is also open from 8AM until Sydney closes at 1: This time period usually offers the most liquidity for the Japanese Yen, as well as the European Yen crosses.

Another good time to trade in order to take advantage of several different markets being open simultaneously, is between 1: The Tokyo, Singapore and Hong Kong forex markets continue trading throughout this overlap period. The Frankfurt and London markets then open at 2: This time period tends to have the most liquidity for the Australian and New Zealand Dollars and their crosses.

Trading in Australia and New Zealand overlaps with Tokyo from 7: This makes the overlap period from 9: You can also trade into the thinner markets in New Zealand that opens at 4: This represents a window of time during the trading day, when the market could be thin and so price spreads may widen significantly.

Basically, avoiding trading during illiquid time periods and in highly volatile markets can save you money, both in terms of your trading position and in the amount of the bid offer spread you may be quoted for the transaction.

Other times which may not be as advantageous to trade include the Sunday night session, as well as Fridays when the market is looking forward to the weekend and so typically trades counter-trend as positions are squared. Another risky trading time is when important numbers such as U.

Forex Market Hours

New York Session. Forex market hours of the US start with New York. This is because New York is one of the biggest financial centres in the world as well as being the East-most major city in America. For day traders the most productive hours are between the opening of the London markets at GMT and the closing of the US markets at GMT. The peak time for trading is when the US and London markets overlap between 1 pm GMT – 4 pm GMT. The main . About Forex Sessions. CFD and Forex market hours mostly imply the operation hours of world trading markets – London Stock Exchange, New York Stock Exchange, Hong Kong Stock Exchange, Tokyo Stock Exchange and others. Since the markets are situated in various locations and time zones it becomes complicated to track trading hours of various instruments.