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What are the forex trading hours?

Posted By Javkrfx 198 days ago on Forex

The Forex Market: A 24-Hour Hub



Unlike traditional stock markets that have set trading hours, the Forex market is open 24 hours a day due to its decentralized nature. This continuous operation is primarily driven by the global nature of currency trading, as it involves various financial centers across the world. As one market session closes, another opens, allowing for a seamless transition and constant availability for traders.



To understand Forex trading hours better, let's break them down into four major trading sessions:



Sydney Session: The Forex trading day starts in Sydney, Australia. It typically opens at 5:00 PM EST (Eastern Standard Time) and closes at 2:00 AM EST. During this session, the Australian and Asian markets are active.



Tokyo Session: The Tokyo session overlaps with the Sydney session, running from 7:00 PM EST to 4:00 AM EST. This session sees the Japanese Yen heavily traded and is known for its liquidity.



London Session: The London session is considered the most significant in terms of trading volume and liquidity. It opens at 3:00 AM EST and closes at 12:00 PM EST. This session often sets the tone for the day's trading.



New York Session: The New York session is the last major trading session and is active from 8:00 AM EST to 5:00 PM EST. It often experiences high volatility, especially when it overlaps with the London session.



The Importance of Trading Sessions



Understanding Forex trading hours is essential because different trading sessions bring different characteristics and opportunities. For instance, the overlap between the London and New York sessions, occurring from 8:00 AM to 12:00 PM EST, is known for increased volatility and trading activity. Traders often focus on this period to capitalize on price movements. JRFX https://www.jrfx.com/?804


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