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Forex trading hours: when is the best time of day to trade?

It does not constitute financial advice under the Financial Services and Markets Act Forex trading sessions Trading hours across financial centres London time, and New York time: Forex currency pairs What are Forex spreads? What is leverage in Forex trading?

Forex market hours Fixed spreads vs. And don't be surprised if the various currency pairs do not open simultaneously.

In the final analysis, the answer to your question when does the forex open market times open on Sunday? When the market opens on Sunday should strictly be as a point of interest, and most definitely not for trading. Clint had a good corex to this question but I'll try to explain in another way.

The FX market technically never closes but there are some major global markets that influence when most retail brokers make trading available.

The first major market market forex times open open on "Sunday" is Sydney, Australia at 5: The Forec trading day begins in Sydney, Australia at 5: Two hours fored, at 7: Next, Singapore and Hong Kong open at 9: The US markets open stock options israel in New York around 8: I hate to nit-pick your post, but I think some confusion has been introduced into the discussion of "when the retail forex forex open market times opens".

Currently, time zones are: Your point about Australia being the first "major" market to open for the week is well taken.

New Zealand forex open market times opens 2 hours ahead of Australia should be de-emphasized in this context, because its contribution to daily forex trading volume is tiny compared to the other markets.

The 7 markets listed above are listed in geographical order from east to west. This is the order in which they open on a daily and weekly basis.

Notice the dramatic increase in trading volume from one market to the next, as daybreak moves westward from the relatively tiny 9 billion USD of New Zealand to the 1, billion USD of the London Session the lb gorilla of forex open market times forex market. I think it would be instructive to have a graphic of these Session volumes, showing how they overlap in a hour trading day.

Forex market hours

I'm going to work on that. Regarding trading hours, we have no plans to change trading hours and I'll let you know in advance if trading hours do change.

BEST TIME TO TRADE FOREX-SOUTH AFRICA

I have just identified serious errors in my last post. I'll have to drastically edit the thing and I'll do that later today.

But, first, I want to forex open market times sure that you and I are using the same criterion for the "opening" of a trading session. I use 8am, local time, as the "opening" time for retail forex in each market.

How does the foreign exchange market trade 24 hours a day?

So, the Australian times forex open market opens at 8am, Sydney time; the Tokyo market opens at 8am, Tokyo time; etc. Are you basing your time conversions on 8am, local forex open market times, as well? Using the 8am local time criterion, the Winning binary option strategy market currently opens at 6pm New York time not 5pm, as you stated in your previous post.

Using the same criterion, beginning October 2 when Australia goes onto daylight saving time, the Australian markte will open at 5pm New York time not 4pm, as I stated in my last post.

Finally, beginning November 6 when the U. Please let me know forex open market times you are using 8am local time as the "opening" time for the various markets.

I hope we haven't created hopeless confusion for sandpiper7 the original poster.

For my part, I should never attempt to grapple with time zones, or do time conversions, when I'm dead-tired.

Description:The hot zones for Forex Trading in South Africa are: When Tokyo and London's markets overlap (between 9am and 10am South African time); And when London and New York's markets overlap (between 3pm and 7pm South African time).

Views:21483 Date:23.07.2016 Favorited: 8905 favorites

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