1 Answers
ForestMystic
Updated:01/09/2024
The Forex market operates continuously, providing traders with opportunities to participate around the clock.
Forex Market Operating Hours
- Market opens: Sunday 5 PM EST
- Market closes: Friday 5 PM EST
Global Trading Sessions
- Tokyo Session: 7 PM to 4 AM EST
- London Session: 3 AM to 12 PM EST
- New York Session: 8 AM to 5 PM EST
Time Zone Conversion
| Session | Start Time (EST) | End Time (EST) | Start Time (GMT) | End Time (GMT) |
|---|---|---|---|---|
| Tokyo | 7 PM | 4 AM | 12 AM | 9 AM |
| London | 3 AM | 12 PM | 8 AM | 5 PM |
| New York | 8 AM | 5 PM | 1 PM | 10 PM |
How Sessions Affect Trading
- High volatility during market overlaps (London/New York)
- Lower activity during overlap of Tokyo and London sessions
- Understanding session timings can influence trading strategies
Key Trading Considerations
- Market liquidity varies between sessions
- News releases can cause spikes in volatility
- Traders should adjust strategies based on session timings
Mind Map of Forex Market Hours
- Forex Market
- Operating Hours
- Continuous from Sunday to Friday
- Different sessions
- Global Sessions
- Tokyo
- London
- New York
Summary Table of Sessions
| Session | Peak Trading Hours | Major Currency Pairs |
|---|---|---|
| Tokyo | 7 PM – 4 AM EST | JPY, AUD |
| London | 3 AM – 12 PM EST | EUR, GBP |
| New York | 8 AM – 5 PM EST | USD, CAD |
Conclusion
Understanding the hours of operation for the Forex market is essential for traders to maximize their potential.
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