Since most participants trade between the hours of a. You can see that these correspond to 24 hour cover. Join Date Aug Forex Forum and Forex Discussion Board. At any given moment, currency trading desks in dozens of global financial centers are open and active in the market. The forex market is available for trading 24 hours a day, five and one-half days per week. During that time the market is open somewhere around the globe at all hours of the day or night.

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.

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(" forex " or "FX") currency market is not traded on a regulated exchange like stocks The Forex Market Hours Converter assumes local "wall clock" trading. Jan 18,  · They open Monday morning in Austrailia. Forex Market Hours 7am Saturday Sydney (Australia the answer to your question when does the market open. What are the Forex market trading hours of What Are The Forex Trading Hours For Australian Currency Traders? hours of the morning. At What Trading Hours Do.