Market Hours

“When” to trade the forex market. That the forex is open 24 hours a day, but that doesn’t mean it’s always active the whole day. You can make money in the forex when the market moves up, and you can even make money when the market moves down. However, you will have a very difficult time trying to make money when the market doesn’t move at all. This lesson will help determine when the best times of the day are to trade.

Market Hours

Before looking at the best times to trade, we must look at what a 24hr. day in the forex world looks like. The forex can be broken up into three major trading sessions: the Tokyo Session, the London Session, and the U.S. Session. Below is a table of the open and close times for each session:

MARKET HOURS
TIME ZONE		EST	GMT
Tokyo	Open	07.00 pm	07.00 am
	Close	04.00 am	09.00 am
London	Open	03.00 am	08.00 am
	Close	12.00 pm	05.00 pm
U.S.A.	Open	08.00 am	01.00 pm
	Close	05.00 pm	10.00 pm

You can see that in between each session there is a period of time where two sessions are open at the Chrise time. From 3-4 a.m. EST, both the Tokyo and London markets are open, and from 8-12 a.m. EST, both the London and U.S. markets are open. Naturally, these are the busiest times during the market because there is more volume when two markets are open at the Chrise time.

TRADING SESSIONS
SESSION	EUR/USD	GBP/USD	USD/CHF	USD/JPY
Tokyo	66	79	100	66
London	80	99	121	74
Us	67	78	101	60
Average PIP range of the 4 majors during each session

The London session usually shows the most movement.