⏰Forex Market Sessions

It’s time to learn about the different forex trading sessions

Now that you know what forex is, why you should trade it, and who makes up the forex market, it’s about time you learned when you can trade.

Yes, it is true that the forex market is open 24 hours a day, but that doesn’t mean it’s always active the entire day from Monday to Friday.

You can make money trading when the market moves up, and you can even make money when the market moves down BUT you will have a very difficult time trying to make money when the market doesn’t move at all And believe us, there will be times when the market is as still as the victims of Medusa.

Before looking at the best times to trade, we must look at what a 24-hour day in the forex world looks like.

The forex market can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and Trump’s favorite time to tweet (before he was banned), the New York session. Historically, the forex market has three peak trading sessions. Traders often focus on one of the three trading periods, rather than attempt to trade the markets 24 hours per day. This is known as the “forex 3-session system“. These sessions consist of the Asian, European, and North American sessions, which are also called Tokyo, London, and New York sessions. Some traders prefer to differentiate sessions by names of the continent, other traders prefer to use the names of the cities.

LOCAL TIME	EST	IST (GMT +5:30)
Sydney Open – 7:00 AM Sydney Close – 4:00 PM	16:00 01:00	02:30 (IST) 11:30 (IST)
Tokyo Open – 9:00 AM Tokyo Close – 6:00 PM	19:00 04:00	05:30 (IST) 13:00 (IST)
London Open – 8:00 AM London Close – 5:00 PM	02:00 11:00	12:30 (IST) 22:30 (IST)
New York Open – 8:00 AM New York Close – 5:00 PM	08:00 17:00	18:30 (IST) 03:30 (IST)

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