I only trader part time. This blog finally becoming reference forex for me, may even you. It also become field copy paste any met in website other people. Do not be shy do not shy can contact I to trade mind. Any even come we joint with what which good..
Listen to Quran

Sunday, March 29, 2009

Forex market sessions


During the 24 hours period currency pairs in Forex market experience several hours, when the volume of trades is the highest and so is the pip movement.

Below are Forex market sessions and examples of the most active currency pairs:

London/ New York sessions:

EUR/USD
USD/CHF
GBP/USD

Tokyo/Sydney sessions:

EUR/JPY
AUD/USD
USD/JPY
AUD/JPY

Sydney session:

AUD/USD
EUR/USD

During the week the most active Forex trading days are: Tuesday, Wednesday and Thursday. Sundays (opening) and Mondays are days when traders are mostly watching and analyzing the market and predict further price moves. Fridays are traded approximately till noon, after that all actions slow down and almost freeze before the actual market closing at 5 pm EST.

Forex market welcomes traders 24 hours a day.
Forex market opens on Sunday 5 pm EST (10:00 pm GMT), closes on Friday 5 pm EST
(10:00 pm GMT)



0 Comments: