One of the greatest features of the foreign exchange market is that it is open 24 hours a day. This allows investors from around the world to trade during normal business hours, after work or even in the middle of the night. However, not all times are created equal. Although there is always a market for this most liquid of asset classes, there are times when price action is consistently volatile and periods when it is muted. Certain times of the day are better when trading forex. Forex Market HoursThere are four major trading sessions in the mqrket market: the Sydney session, the Tokyo session, the London session, and the New York session.
Below are the summer and winter hours that each one opens and closes. Time ZoneEDTGMTSydney Open:00 PM10:00 PMSydney Close3:00 AM7:00 AMTokyo Open7:00 PM11:00 PMTokyo Close4:00 AM8:00 AMLondon Open3:00 AM7:00 AMLondon Close12:00 PM4:00 PMNew York Open8:00 Seseions PMNew York Close5:00 PM9:00 PMWinter (approx. When the market is not active, it is much more difficult to make money.
The Forex market can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session.