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):
Including it is possible to work during trading sessions for Australia and Oceania passing in the morning: 01:00 – 09:00.
Posted by Dafni Serdari | 22/11/2019 11:51 Find out the changes to the market hours on 28th & 29th November Due to the upcoming Thanksgiving holidays in the US, a number of marke...
Due to the Thanksgiving Public Holiday in the US this month, closing times of certain assets are subject to changes on Thursday 28th November 2019 and Friday 29th November 2019.
Dear traders, Please note that due to the upcoming November holiday, 28 November 2019, our trading hours will be slightly modified. Instruments November 28 November 29 ...
Dear Clients,We care about your trouble-free and profitable trading, so we would like to inform you that trading hours will be changed in the period from November 28 to November 29 o...
We would like to inform you that a trading schedule for several trading instruments will be altered due to the upcoming US Thanksgiving. The changes will take place from 28 to 29 Nov...
Dear clients, Please be aware that due to the Thanksgiving holiday in the United States on the 28th and 29th of November, 2019, some changes will be made to the trading schedule: Thu...
Dear Clients, Please be informed that due to Thanksgiving Day in the USA , On November 28th, 29th, 2019 trading with Metal instruments will be unavailable from 19:45 EET. Best Regard...
The UK Parliament will be holding a vote of no confidence in the Government tonight, following a motion that was tabled last night by opposition leader Jeremy Corbyn. To keep her pos...
The USA celebrates Thanksgiving Day on November 28. Attention, traders! These changes affect your trading timetable. The financial market for trading stocks will be closed on N...
In observance of the upcoming Thanksgiving Day in the US, certain changes will be introduced to the trading schedule for the following instruments in MetaTrader 5 on November 28th&nd...
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):
Including it is possible to work during trading sessions for Australia and Oceania passing in the morning: 01:00 – 09:00.
(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: