Thread: Forex Market Time Updates

Hello Friends,

Many of us are confused with the forex market timings and this lead us to miss some important trading opportunities. therefore i am hereby gives these details so that every trader can utilize 24*7 trading opportunities and could maximise your returns.

The % may vary depending on the market. But this will give you a rough idea.

Some Terms in this article include.
GMT = (greenwich mean time)
EST = (eastern standard time)

Euro Session

London session opens daily at 8:00 GMT also 3:00 EST and closes at 17:00 GMT and 12:00 EST. London is one of the largest shopping centers in the world and has a market share of 30% minimum.
Some of the most active pairs during this session include USD/CHF, USD/CAD and EUR/USD.

New York Session / American Session

This session opens daily at 13:00 GMT also 8:00 EST and closes at 22:00 GMT also 17:00 EST. The hot time in this session is usually when the euro traders are still active. Which is between 13:00 and 17:00 GMT also 8:00 EST and 12:00 EST. The most liquid pairs during this session would include USD/CHF, GBP/USD, USD/CAD and EUR/USD.

Asian Session

Tokyo starts off the morning @ 12:00 GMT also 19:00 EST and ends at 21:00 GMT also 04:00 EST Usually currency pairs with the GBP are the most active during this time. EG: GBP/JPY, GBP/CHF. The rates of USD/JPY, AUD/USD, NZD/USD pairs and there crosses are also quite lively during this session.

This concludes the article I hope this will be helpful to some of you.

Thanks my friend. It is just for all the traders who sometimes miss some good opportunities because they are not aware of the session timings of different places.

Regards