Asian Trading Session
Since New Zealand is a major financial center, the forex markets open there on Monday morning, while it is still Sunday in most of the world. Until Friday, there is no time during the week when the market formally closes, although there is a brief lull in activity between about and GMT when most American traders have gone home and most Kiwi and Aussie traders are getting ready for work.
Actual open and close times are based on local business hours, with most business hours starting somewhere between AM local time. Also take notice that in between each forex trading session, there is a period of time where two sessions are open at the same time. This handy clock shows you which markets are currently open, which are closed, and when the currently open market will close.
This is important to know, as different sessions can be more or less volatile. You will learn more about volatility when you move on to the free course and my trading strategy.
Trading Hours | Exchange Opening and Closing Times |
Why is a 24 hour market awesome? One of the best features of Forex is that it can be traded at any time during the week.
Well, imagine you want to day trade the stock market and you live on the U. Eastern Cost. You would likely wake up at am to go to work and get home at pm. That would leave you with almost no time to trade.
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With the Forex market you could get home at pm, or even pm, open up your charts and trade. New to easyMarkets?
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