Forex trading hours are divided into three major time frames. These are dictated by the three major financial centers. Tokyo, London, and New York set the pace each day for various currencies. Trading hours in Sydney are also important.
The market trades 24 hours a day, but economic, governmental, and business news releases occur at set times. These information bites will be dominant to certain currencies based on what time of day they occur. There are other things to consider when it pertains to forex currency trading. Such as, when are the lulls in volume and activity. Like just before news and market openings, or after all the major market centers have closed for the day.
Here are the times for each session. There is an overlap for the time frames. Which is good for a trader to know. This is when there is a higher potential for volume and activity.
Tokyo Open 7:00 pm to 4:00 am EST
London Open 3:00 am to12:00 noon EST
New York Open 8:00 am to 5:00 pm EST
London / Tokyo 3:00 am to 4:00 am EST
New York / London 8:00 am to 12:00 noon EST
Also to consider
Sydney Open 5:00 pm EST
Sydney / Tokyo 7:00 pm to 2:00 am EST
Being aware of these times will help to know if conditions are right to trade. Check back here soon. We will be updating this page with more information. Coming soon will be a commentary about each time zone and its dominant currencies.