The forex market is available for trading 24 hours a day, five and one-half days per week. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should.

Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light. Event Planner. Zones by Country. World Time. Time Zone Converter. Forex Market Hours. What's My Time Zone? Forex Market Hours sponsored ads:. About The Forex Time Zone Converter The foreign exchange "forex" or "FX" currency market is not traded on a regulated exchange like stocks and commodities.

Click on a time zone for Daylight Saving Time DST transition dates and times. The least liquid time is during the Asian session. The Asian session is also categorized by lower volatility and wider spreads. This is particularly the case shortly after the market rolls over. If you open a trade around this time, your transaction cost will likely be higher. In my opinion, the Asian session is the third best time of day to trade Forex.

The market tends to consolidate and become range bound during this time. Of course, this all depends on your trading style and strategy….. Now that you know when to look for the best trading opportunities, also consider what currencies to trade. Ideally, you would want to be following currencies that are active for the session.

For example, during the Asian session, consider looking for trading opportunities in the AUD, NZD and JPY. These are the most active trading sessions so it will be. You just might be able to get an optimal trade entry for this currency pair during the Asian session. Generally speaking, it will be to your advantage to trade currency pairs for those countries that are online at the time.

I would suggest observing what the price does and has done during these times on your chart. You can decide what currency pairs to trade depending on your findings and what suits you.

Trading is not an exact science, there are no certainties and markets do change over time. It is about determining patterns and trends, assessing probabilities and balancing risk vs potential reward. Timing is just one variable in Forex trading that could help stack the probabilities in your favor. I appreciate that you probably have a job and this might make it difficult to trade during the day.

If you are in an Asian time zone, you are somewhat in luck. This is because you could catch most of the European session and the open of the US session at night. Any currency that is paired with the USD or CAD would probably be the best currency pairs to trade at night. For traders in a European time zone, night time trading would allow you to catch the second part of the US session and the Asian session open.

The AUDUSD and the USDJPY could be good currency pairs to trade. Any currency paired with the USD, CAD, NZD, JPY and AUD might provide some trading opportunity.

Night time trading in a US time zone would involve trading during the Asian session. If you are inclined to trade in the early hours of the morning, you could also catch the European and London open. The Best currencies to trade at this time would be those that are paired with the AUD, NZD and the JPY. Then for the European and London open, currencies paired with the EUR, GBP and the CHF as an example. However, it is worth mentioning that just because you have opened your trading platform, this does not mean that you must find a trade.

Sometimes the best position is not to have a position and simply do nothing. You should only trade when you think the risk is relatively low and the probabilities of success are in your favor. When doing your analysis of the markets, you have choices in how to trade as well as the execution.

Such as trading over longer time frames and using pending orders. Alternatively, you can execute at the most optimal times from your smartphone.

You should observe the charts and check these Forex trading times and sessions with your preferred currency pairs. Start Trading Learn To Trade Trading Method Blog.

Forex Trading Times And Sessions This article will inform you about the main Forex trading times and sessions. Forex trading times and sessions can be used as entry and exit signals. Would you like to know when the best times are to look for trading opportunities?

Then read this article to the end to learn all about it. In this tutorial, you will learn; The Forex trading times for the main trading sessions. What the main Forex trading sessions are. The best times of day to trade Forex. The best currencies to trade and the best times to trade them.

Are you ready? Forex trading times The Forex market is practically open 24 hours a day, Monday to Friday. When does the Forex market open and close? This is what it looks like. Forex trading sessions The Forex trading day is split in to three main trading sessions. These Forex trading sessions are known as; The Asian session The European session The US session Each of these three Forex trading sessions overlaps with another session for some time before the daily close.

The trading times for each forex trading session during daylight saving time are; Asian session: — European session: — US session: — What is important when trading Forex is that you are aware of when these times are, wherever you are in the world. You should be able to easily convert these times in terms of your local time. Forex trading times and sessions smartphone app You might find this useful. Now I will explain why knowing all this can be used to your advantage.

The best times of day to trade Forex The best times of day to trade Forex are when markets open or early in the trading session. Why is that? This is want you want as a trader. The best times of day to trade Forex by trading session Since there are three main trading sessions, there are three times each day that are the best times to trade Forex.

It really depends on what is happening in the market. It takes practice and experience but you can check your price charts and observe this in action. Trading volumes and liquidity differs during each Forex trading session. The best currencies to trade and what times to trade them Now that you know when to look for the best trading opportunities, also consider what currencies to trade. The best currencies to trade and at what time to trade them, is related to the trading session.

During the European session, the EUR, GBP, CHF and ZAR are more active. When the US session starts, the CAD, USD, MXN and BRL are good to trade. This is to name just a few but I think you get the idea. It is a good idea to pay attention to it. The best currency pairs to trade at night I appreciate that you probably have a job and this might make it difficult to trade during the day.

Naturally, you will be considering what the best currency pairs to trade at night are. Being proactive in the market rarely works out for the best. Instead, you should be reactive. React to events and the signals the market gives you. There are as many ways to trade as there are traders.

Use the Forex Market Time Converter , below, to view the major market open and close times in your own local time zone. The foreign exchange "forex" or "FX" currency market is not traded on a regulated exchange like stocks and commodities.

Rather, the market consists of a network of financial institutions and retail trading brokers which each have their own individual hours of operation. Since most participants trade between the hours of a. and p. in their local time zone, these times are used as the market open and close times, respectively. Forex Market Time Converter.

Refresh page every minutes set refresh to 0 to turn off refresh. The Forex Market Hours Converter assumes local "wall clock" trading hours of AM - PM in each Forex market. Holidays not included. Not intended for use as an accurate time source. Please send questions, comments, or suggestions to webmaster timezoneconverter. The forex market is available for trading 24 hours a day, five and one-half days per week.

The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light.

Event Planner. Zones by Country. World Time. Time Zone Converter. Forex Market Hours. What's My Time Zone? Forex Market Hours sponsored ads:. About The Forex Time Zone Converter The foreign exchange "forex" or "FX" currency market is not traded on a regulated exchange like stocks and commodities. Click on a time zone for Daylight Saving Time DST transition dates and times. Home Time Zone Converter World Time Zones By Country Reference Card Link to Us Copyright © timezoneconverter.

All rights reserved.

To cater for this demand there a plethora of forex brokers regulated by ASIC which differ by a few different factors: Leverage Levels Without leverage, making sizeable profits or losses would be near impossible. Any deals held will also get carried over to the next trading day. World Time. This is critical if you require assistance even during the early hours of the morning. This is a result of more traders participating in the currency market at that time. It ends at the close of the business day in Tokyo, Japan time. It also ends at the end of the business day when the NYSE closes.

Categories:

• Forex Brokers
• Forex Bitcoin
• Forex
• Binary Options online
• Binary Options