Forex Market Hours

A trader can't track every single movement on the Forex market because it is basically open 24 hours a day. It is important for a trader to know when they can expect high market movement. Knowing the different Forex market hours, will help traders implement the best strategy for successful trading.

Forex Market Hours

The Asian Session (7:00 p.m. - 4 a.m. EST) - You can successfully day trade the yen during this time period. The USD/JPY (U.S. dollar/Japanese yen) is a good trading pair for this session. This period is not as volatile as the U.S. session or the European session, but it is possible to trade during this session and achieve a good performance.

The European Session (2:00 a.m. - 12:00 p.m. EST) - This is one of the best trading periods in the Forex market hours. Because most of the large banks are located in London, the majority of major Forex transactions are completed during this trading session. During these Forex market hours you can implement a successful strategy trade on any currency pair.

The U.S. Session (8:00 a.m. - 5:00 p.m. EST) - This is another great session during the Forex market hours to implement a successful trading strategy. You can expect good volatility on any currency pair.

The best Forex market hours for trading are when both the European and U.S. sessions are open. Both of these sessions are open together between 8:00 a.m. and 12:00 p.m. EST. During this time period volatility is good in all currency pairs. Some of the most important economic releases appear during this period, and this will bring good opportunities for Forex traders.