It 31s important for the trader to know the times when the major markets are active and how this can be implemented in their trading. At XM we offer both Micro and Standard Accounts that can match the needs of novice and experienced traders with flexible trading conditions and leverage up to On the chart below, you fforex see the hourly course of the Forex-trading day Fibonacci method in Forex. You should now have the information that you need to understand trading hours in the currency market. Next: Part 2 - Fundamental Analysis DailyFX provides forex news houfs technical analysis on the trends that influence the global currency markets. While the FX market technically never closes, virtually all of the major banks and trading entities do close for the weekend.

The Forex market is the only hour market, opening Sunday 5 PM EST, and running continuously until Friday 5 PM EST. Note: EST is an abbreviation for Eastern Standard Time e. New Yorkwhile GMT is an abbreviation for. Greenwich Mean Time e. The main Forex markets, in the order of their opening times, are: Sydney, Tokyo, Frankfurt, London and New York. On the chart below, you can see the hourly course of the Forex-trading day Note: Tokyo's market doesn't start in the proper time zone due to the fact that it opens 1 hour.

The following table illustrates the opening and closing local times for a Forex day and week, in function of time zones If you live in New York you can see from the table GMT-5 that daily trade starts at PMand ends. The weekly opening is at Sunday, while the weekly closing is Friday. Familiarize yourself with your local opening and closing times, because this will impact when you must close your.

For example, if you live in London GMTthe Forex day ends and restarts at PM If you open a position. If you open a position at PMand close it next day at AMyour trade is.

Forex Market Trading Hours

Forex Market Hours. Forex is said to be tradable 24 hours per is why you can often see a gap in the trading price each time the FX market opens for trade (Sunday). Download Free Forex System And Indicator. Highly Profitable. Click To Get!. What are the major Forex market trading hours? Easily convert the major market trading hours into your own time zone. About The Forex Time Zone Converter.