Forex Trading Sessions Schedule

Forex Trading Sessions Schedule Monitoring

As in any other type of activity requiring the adoption of important decisions for trading in the exchange market, it is necessary to consider various external factors. The majority of them treats construction and testing of the effective trading system and maintenance of trading discipline.

In addition, it is important to be aware of general Forex market behavior and to know the factors influencing its movement at different times of a day. In the schedule of trading sessions on the Forex market is allocated to three main periods (Moscow time +3 GTM):

  • The European trading session (09:00 – 17:00);
  • Asian session (03:00 – 11:00);
  • The American trading session (16:00 – 24:00).

Including it is possible to work during trading sessions for Australia and Oceania passing in the morning: 01:00 – 09:00.



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Changes to trading session schedule on June 14, 2021

We ask you to carefully read the following changes in the schedule of trading sessions on June 14, 2021 (the time indicated below corresponds to UTC + 2): - The trading session will ...

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Trading schedule change on June 14

Please be advised that due to the observance of the Queen’s Birthday in Australia and the Dragon Boat Festival in Hong Kong, the trading schedule will be subject to the changes...

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Important Notification – June Bank Holidays

We would like to inform you that due to several public holidays all of which take place in June, the trading hours of various instruments will be affected between 14 and 25 June 2021...

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News from broker FBS
FBS
Trading Schedule Changes in June

On June 3, Brazil holds a festival for Corpus Christi, a Christian holiday celebrating the Holy Eucharist. Due to this, USDBRL will be closed for trading for the whole day. Please re...

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Changes to Trading Schedule for May 31, 2021

Dear clients, due to Memorial Day, there will be an early closing of trading with metals and indices on Monday, May 31, 2021. Stocks trading will be closed, Forex and crypto markets ...

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Holidays in US and UK: trading time schedule changes

On Monday, May 31 Memorial Day in the USA and Spring Banking Holiday in the UK will take place. The following instruments will not be available for trading:

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Changes to trading sessions on May 31, 2021 TeleTrade

Please view the following changes to trading sessions of the below CFD instruments on May 31, 2021, due to the celebration of Memorial Day. Changes to trading sessions on May 31, 202...

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Change in trading schedule on May 31 and June 1

Dear clients, Please be advised that due to the UK Spring Bank Holiday and US Memorial Day, the following changes will be applicable to the trading schedule*: Instruments May 31, 202...

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US and UK Holidays

Due to the Banking Holiday in the UK and Memorial Day in the US 31st of May2021, cash payments and transfers in USD (deposits, withdrawals and transfers between the client's fina...

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RoboMarkets : changes in schedule (Holidays in USA and UK)

Dear Clients and Partners,We’re informing you that due to public holidays in the USA, Memorial Day, and the United Kingdom, Late May Bank Holiday, several instruments will be t...


Forex Trading Sessions Schedule Monitoring

As in any other type of activity requiring the adoption of important decisions for trading in the exchange market, it is necessary to consider various external factors. The majority of them treats construction and testing of the effective trading system and maintenance of trading discipline.

In addition, it is important to be aware of general Forex market behavior and to know the factors influencing its movement at different times of a day. In the schedule of trading sessions on the Forex market is allocated to three main periods (Moscow time +3 GTM):

  • The European trading session (09:00 – 17:00);
  • Asian session (03:00 – 11:00);
  • The American trading session (16:00 – 24:00).

Including it is possible to work during trading sessions for Australia and Oceania passing in the morning: 01:00 – 09:00.

Importance of Forex Trading Sessions Schedules Monitoring

(In the material is presented Moscow time: GTM+3)

The opening of Asian session marks the traditional beginning of the trading day. In these hours participants of the market pay close attention to Asian currencies – yen, Singapore dollar, etc. Because many countries of the Asian region dynamically export goods, during the Asian trading hours of the company adjust the cost of national currencies on the discretion. But this period of the trading is rather quiet as the main activity is developed after the opening of the European session.

The largest and most popular exchanges are in Europe, including large financial institutions and investment funds which actively participate in the biddings and, therefore, this period in Forex trading sessions is the most dynamic. With the opening of the London session at 10:00 the market reaches the greatest volatility lasting up to 13:00-14:00 since bidders make the main transactions till lunch.

The schedule of the biddings after the opening of the New York exchange is, at least, significant at 16:00. During this session European currencies are also actively traded, in connection with return after a lunch of the European dealers. In addition, the biddings join the American traders, active hedge-funds, banks and firms motivated for speculation at the exchange and also are published important economic data from the USA. And at this moment it is necessary to pay attention to the closing of the European session as Americans remain in the exchange single, continuing to trade and use the thin market without liquidity, advancing currency pairs in their interests.

Recommendations about use of the trading sessions schedule

For the correct estimation of a situation in the Forex market by means of the schedule of trading sessions, it is necessary to pay attention to the next moments:

  • The activity of the European session comes during two periods of time: 10:00-14:00 and 15:00-19:00;
  • During the Asian session, the bigger quantity of trading activities is made with the Japanese yen;
  • It isn't necessary to leave the transactions without control in the period of the “thin” market, a conditional transitional stage between sessions when the level of liquidity is small to support of a stable price chart since strong impulses are possible.
  • In days of New Year's holidays when the main exchanges and banks are closed, and quotes considerably grow, brokerage companies remove the means summing up the results of the reporting. The market in these moments “is thin for a long time”, and the behavior of the trader shall be careful and deliberate.
  • Often opening of sessions after days off is followed by a gap therefore, it is recommended to establish protective stop orders on orders, or to close transactions on Friday.
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