MODULE ONE: ACTIVE TRADING HOURS (SESSION) AND CURRENCY PAIRS.
The Forex market is open 24 hours a day, five days a week. Is it not amazing? Some knowledge of trading hours can help you grasp the ideal notion of Forex trading. Sydney, Tokyo, London, and New York are the four trading zones on the stock exchange. The graphs below will show you the times and locations of when and where the markets open and close.
Summertime.
Time Zone | EDT | GMT | CET |
London Open London Close | 3:00 AM 12:00 PM | 8:00 AM 5:00 PM | 09:00 18:00 |
New York Open – New York Close | 8:00 AM 5:00 PM | 12:00 PM 9:00 PM | 13:00 22:00 |
Sydney Open – Sydney Close | 6:00 PM 3:00 AM | 10:00 PM 7:00 AM | 23:00 08:00 |
Tokyo Open – Tokyo Close | 7:00 PM 4:00 AM | 11:00 PM 8:00 AM | 00:00 09:00 |
Winter-time.
Time Zone | EST | GMT | CET |
London Open – London Close | 3:00 AM 12:00 PM | 7:00 AM4:00 PM | 08:0017:00 |
New York Open – New York Close | 8:00 AM 5:00 PM | 1:00PM 10:00 PM | 14:00 23:00 |
Sydney Open – Sydney Close | 4:00 PM 1:00 AM | 9:00PM 6:00 AM | 22:0007:00 |
Tokyo Open – Tokyo Close | 6:00 PM 3:00 AM | 11:00 PM8:00 AM | 00:00 09:00 |