Trading Sessions and Trading Times
Since the FX market is open 24 hours a day, Sunday to Friday, it stands to reason that there must be traders trading all over the world at different times. For example, there may be Japanese traders trading whilst the European traders sleep.
GMT = UK standard time.
During the hours from midnight GMT until 9am GMT, the majority of trading takes place in Tokyo and that session is known as the Asian Session.
During the hours from 8am GMT until 5pm GMT, the majority of trading takes place in London and that session is known as the European or London Session.
During the hours from 1pm GMT until 10pm GMT, the majority of trading takes place in New
York and that session are known as the New York Session.
The majority of trading takes place during the London session and the first half of the New York session. You are also advised to trade during these times as price will move more during these periods than any other period.
posted by Forex 1 million is possible @ 6:01 PM
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