Friday, August 21, 2009

Forex trading hours, trading time

New York open 8:00 am to 5:00 pm EST

Tokyo open 7:00 pm to 4:00 am EST

Sydney open 5:00 pm to 2:00 am EST

London open 3:00 am to 12:00 noon EST

And so, there are hours when two sessions are overlapped:

New York and London — 8:00 am — 12:00 noon EST
Sydney / Tokyo — 7:00 pm — 2:00 am EST
London / Tokyo — 3:00 am — 4:00am EST

For example, trading EUR/USD, GBP/USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active.

At those overlapping trading hours you'll find the highest volume of trades and therefore more chances to win in the foreign currency exchange market.

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