China and Japan are the main exporting countries, so apart from the Central Banks of the countries that are active during these working hours, commercial entrepreneurs (exports/imports) are also actively trading currencies.
When a market in one country closes, another market is open, and so on. Forex Market Time (Market Hours)įirst of all, we should know that the forex trading time is divided into several main sessions, namely: Sydney Session (Australia), Tokyo Session (Asia), London Session (Europe), New York Session (America).Īs we know, there is quite a long time difference between Australia and America (around 16 hours). The goal is to get the most out of each of your trades. You can adapt your trading strategy to the character of each forex trading session. So, insight into the time and hours of forex trading is very important for traders. The more forex markets, the greater the chances of making a profit While the quieter the market, the less chance of profit.
There are days when activity is busy, but there are also times and hours when trading is quiet even though it is still the forex market opening hours.Īlso read: Hierarchy and Forex Market Structure that Traders Should Know However, forex trading time is divided into several sessions and not every forex trading hour is always crowded. Trading activities do not have to collide with office work hours or time with family. You could say, the forex market is open without any rest or sleep.įor traders, of course this is fun because it has the opportunity to multiply profits at any time. Forex trading can be done 24 hours a day for 5 days a week.