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.
We would like to inform you that due to Labour Day, Constitution Memorial Day, May Bank Holiday, and Ascension Day, all of which take place in May, the trading hours of various instr...
Dear traders, Please note that due to the upcoming national holidays being celebrated in May across the UK, Spain, France, Germany, Russia, Poland and Hong Kong our trading hours wil...
LiteForex’s trading hours amended from 30th of April till 2nd of May, 2018Dear clients, We would like to draw your attention to the trading schedule over the upcoming Lab...
Dear clients! Please take into consideration the changes in trading schedule for May holidays. On April 29th, May 1st, 5th, 6th, 9th, Russian stock exchange ...
Dear Customers! In connection with the May holidays in the Russian Federation, changes were made to the schedule of trading sessions on May 1, 7 and 9, 2018. On May 1 and 9, 2018 tra...
Dear Traders, Please note that due to the upcoming national holidays being celebrated in May across the UK, Spain, France, Germany, Russia, and Hong Kong, some changes will be made t...
In observance of the upcoming public holiday in the UK, Europe and Hong Kong (Labour Day), FXTM’s trading schedule will be changed.Please refer to the table below for the sched...
Dear Clients! Please be advised about trading sessions schedule change on 25th April 2018 due to ANZAC Day: CFD - Stock indexes Wednesday 25th April 2018 S&P/ASX 200 Index: late ...
Dear Clients and Partners,We’re informing you that due to the public holidays in Russia (Spring and Labor Day, and Victory Day) and Europe, several instruments will be traded a...
Dear clients, Please be aware that due to the upcoming national holidays being celebrated in May across the UK, Spain, France, Germany, Russia, and Hong Kong, some changes will be ma...
We would like to inform our clients that due to Anzac Day and Walpurgis Night, the trading hours of various instruments will be affected on 25 and 30 April 2018. The normal trading h...
In observance of the upcoming national holiday in Australia (Anzac Day), FXTM’s trading schedule will be changed. Please refer to the table below for the schedule of all the in...
Dear clients, Please be aware that on the 25th of April, 2018, due to Anzac Day celebrations taking place in Australia, trading on the ASX200 instrument will open late at 10:10 EET. ...
LiteForex’s trading hours amended from 24th to 25th April 2018 Dear clients,We would like to draw your attention to trading schedule over the upcoming ANZAC Day in Austral...
Dear clients,Please be aware that due to the upcoming Ching Ming Festival in Hong Kong, a change will be made to the trading schedule on the 5th of April, 2018.On Thursday, the 5th o...
LiteForex’s trading hours to be changed from 04.04.2018 to 06.04.2018 Dear clients, Please be aware that stock exchanges are working short hours over Chinese Ching Ming Festiva...
FXTM would like to inform its clients that, in observance of the Ching Ming Festival (Qingming) in China and Hong Kong, our trading schedule will be subject to change on Thursday, 5 ...
Dear Clients, Please be informed that due to the Easter holidays there will be some changes to the trading schedule. Market of metals and Oil is closed On 30th March 2018. Best Regar...
Dear customers, Due to Easter celebrations on 29-30 March and 2 April 2018, the trading schedule will undergo changes. You may find the new schedule in the table below: Kind re...
Dear Clients! Please be advised about trading sessions schedule change from 30th March 2018 till 02nd April 2018 due to Easter holiday: Metals Friday 30th March 2018 closed Oil Frida...
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.