View Full Version : Trading Hours
Does the Forex market really trade 24hrs a day secen days a week?
Thanks
profitmaker
09-19-2008, 03:34 PM
Yeah!!!!
I?ve had known Forex?s market trades 24/7. Also the best hours are around 4am and 8am (New York).
Try to get the MT4 (If you don?t have it) and to see the movements those hours.
Look!!
For some traders the best time to trade is at 3am or 4 am but I prefer when New York market opens. The market is not so volatile like early in the morning. However these days the time is irrelevant with the entire financial crisis all over the world.
sincronic
09-26-2008, 01:11 PM
The European session becomes active around 3 am EST and remains active in conjunction with the US banking hours until around 12 pm EST. These trading hours should be used as a general guideline when considering a new position.
Anne09
02-26-2009, 06:16 AM
Forex has three major trading sessions Tokyo session, London session and the US Session. Market is open for 24 hours a day but it does not mean it is dynamic the whole day. You can make money either when the market moves up or when the market goes down. However, you will have a very difficult time trying to make money when the market does not move at all.
forex_TINE
09-02-2009, 03:00 PM
The forex market, based on ‘spot’ transactions, is diff to all other global markets.
This is because trading takes place 24 hours a day, 5 days a week. Financial centers are open for work, and banks and other organizations exchange currencies in different parts of the world for different purposes.
Therefore, trading never stops apart from a short break during the weekend.
Early closings are possible depending on calendar arrangement such as, for example, Christmas or New Year ’s Eve.
fxcbsar
12-16-2009, 01:14 PM
Thank you for your topic
Good luck
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