What time does Forex open today? Opening and operating times of the world's major exchanges. Asian market - Forex opening hours

A complete answer to the question of what time the Forex market opens is one of the important conditions for successful trading. To clarify, it must also be said that any individual trader needs to have a good understanding of periods of activity/downturns in the market.

Let's look at the most important points:

  • Forex trading is carried out around the clock;
  • The weekly session begins on Monday and ends on Friday;
  • Saturday and Sunday are days off;
  • the common reference time for all participants is called Greenwich Mean Time (GMT);
  • for trading in Russia it is convenient to use Moscow time (MSK), the difference with GMT is +3 hours;
  • In all trading terminals, GMT time must be set, and it is possible to configure the Local time option (by default it is Moscow time).

Participants in Forex trading are everywhere, i.e. The foreign exchange market is global. But it is conventional to distinguish 4 regional markets: Australian, Asian, European and American. Naturally, daily trading sessions on 4 markets begin at different times, but the countdown is based on GMT. Trading starts at 00:00 GMT (03:00 Moscow time). The Australian market opens the weekly session on Monday, the American market closes on Friday, and it is more convenient to consider the closing time as 23:59 GMT (02:59 Moscow time).

Knowing the operating hours of regional markets allows a trader to react to the following factors that influence level movements:

  1. the opening of a trading session (market) is often accompanied by increased movement and an increase in trading volumes;
  2. the choice of a currency pair can be tied to the work of one of the markets: say, in the Asian market, pay more attention to USD/JPY and EUR/JPY, and in the European one – EUR/USD, GBP/USD;
  3. The highest volatility (activity) in the Forex market begins with the opening of the American market.

Factors affecting trading in relation to time

So, the difference in the start time of trading between the Australian and Asian markets is 4 hours, then the markets start working after 6 hours.

Then we get the following numbers:

  • 03:00 Moscow time (00:00 GMT) – opening of the Australian market;
  • 07:00 Moscow time (04:00 GMT) – opening of the Asian market;
  • 13:00 Moscow time (10:00 GMT) – opening of the European market;
  • 19:00 Moscow time (16:00 GMT) – opening of the American market.

An equally important factor influencing exchange rate fluctuations is political and economic news. It is quite easy to monitor them: there are special sites where these news are listed, as well as their significance (from * to ***). The most dangerous news is ***: half an hour before and half an hour after the news *** you should not enter the market, exchange rate fluctuations can knock out orders.

Speaking about the American market, it should be noted that there is usually more news there and volatility (price fluctuations and volumes) is higher. Those. This is the most profitable market, but at the same time the most dangerous, and trading activity and the likelihood of successful operation increase as regional markets open.

Optimal trading mode

Of course, the work time of an individual trader depends directly on the following 2 points: the availability of personal free time (turn on a PC or laptop, launch a trading terminal) and the choice of tactics for working on the market (from pips and daily work to weekly and monthly transactions).

But still, a successful trader cannot do without analyzing and forecasting market movements, taking into account the start of work of 4 markets in turn. And although the idea that you can trade on Forex around the clock from Monday to Friday is correct, in fact the most active and volume trading begins at 13:00 Moscow time (10:00 GMT), when Europe turns on and starts working, Asia has not yet finished working, and America will soon join. If we talk about exceptions, then in many countries (Japan, USA, etc.) there are national holidays when banks do not work and trading volumes drop significantly. But information about this is also available on economic news sites.

Conclusion

Now all that remains is small: taking into account all of the above, determine the time zones of activity/passivity of the Forex market, correlate it with the trader’s personal time, and choose the hours of operation on the foreign exchange market. Experienced traders usually know when during the work week (Monday to Friday) they can start working, approximately how much time it will take and what the approximate outcome will be. And all this allows you to achieve successful results in the Forex market.

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“Time is money. As they say, when you see money, don't waste time. Strike the iron without leaving the cash register!” - said the boss in the “Diamond Hand”.

It turns out that the well-known phrase from the popular film perfectly describes the value of time in the work of world exchanges.

After all, along with the change of time zones, money literally revolves around the Earth: at any given time, somewhere people are sleeping soundly, and somewhere else there is active trading. And there is not a moment when at least some exchanges are not working. And don’t yawn here anymore!

Therefore, we read about the opening and closing times of various exchanges according to Moscow time and do not lose our money.

Exchange opening time Moscow time and Forex trading time

Forex trading is carried out around the clock, excluding weekends and some holidays, but there are several time periods that you need to pay attention to - the opening of Forex exchanges. It is necessary to know the time of trading or working on Forex, because at the moment the trading platform opens on the market (session), most often there is a sharp jump in the currency that is typical for this country.


All traders watch this very closely, since at these moments intraday movements are born, which most often give the direction of the trend.

There are 4 trading sessions - Asian, European, American and Pacific (Australian). Each of these exchanges opens and closes in such a way that they only overlap for an hour or two and generally allow 24/7 trading.


Schedule of opening and closing of exchanges (trading session times) Moscow time

It should be taken into account that the time in the table is given in Moscow and world time - GMT (Greenwich Mean Time). If you want to find out the opening time of exchanges in another region, you need to add the required hourly deviation to GMT time. The second thing we need to know is when the markets open on Monday, after the weekend, and when they close on Friday.

So, the start of Forex trading, as well as the opening time of exchanges, occurs on Monday, at 00:00 broker time - not Moscow time, not Greenwich time, but directly according to terminal time. Exchanges close for the weekend on Friday at 24:00 broker time.

Brokers have different hours and may open/close at different times. This must be taken into account when trading with advisors. Some brokers, such as Alpari, stop and start trading within 5 minutes. until the specified time.

Opening hours of the Moscow Exchange and opening of ruble trading

The Moscow Exchange opens at 10:00 and closes at 15:00 Moscow time. This is the time when the Moscow Exchange operates with various instruments. This concerns the operation of the exchange itself. As for trading the ruble on Forex, the trading time for the ruble on Forex occurs from 10:00 to 21:00 Moscow time.

Please note that the most active currency on the market at the moment is the one whose trading session is open. Trading is aggressive on all exchanges except the Australian one; at this time, traders most often use scalping strategies, since low volatility makes it possible to conduct quiet trading.

Asian trading session

The Asian session opens at 3 am Moscow time and often sets the direction of the daily trend. The session closes at 12 o'clock. The center of trade is Tokyo, which is also the financial capital of Asia. During the start of trade in Asia, all banks, financial institutions and other institutions open.

The Japanese yen is one of the three most traded currencies on Forex and accounts for more than 20% of foreign exchange turnover. Below is a list of currency pairs traded during the Asian session - USD/JPY, AUD/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY, AUD/JPY, EUR/CHF.

The most active trading participants are the euro/dollar/pound/NZ dollar versus the Japanese yen. Usually this session is calm with little volatility.

This is often explained by the fact that Americans and Europeans are already resting after their hard day of work. Exceptions include important news, which is usually released around 3 a.m. GMT (7 a.m. Moscow time). This is where you need to be careful, the movements are often strong and prolonged. If you are using an intraday strategy and left an open position overnight, you need to check the Forex calendar and set stops.

European trading session

The European session is the most active of all. This is due to the fact that it overlaps with the Asian and American sessions. In addition, the largest financial funds and banks are localized in the UK. More than 30% of all transactions occur during this time. Exchanges open at 8 am GMT in London (11:00 Moscow time), closing at 17:00 (20:00 Moscow time).

The most active part of trading occurs in the first part of the trading session. Brokers conclude major deals before their lunch break. Then, according to the classics of the genre, there is a calm part, and closer to the close, strong jumps occur again - the opening of the American session.

All major currencies are traded - yen, dollar, euro, pound, franc. But the European session also accounts for the largest amount of news. Trading is very active at this time, intraday trend strategies are used, and news trading is also actively used.

But keep in mind that at the end of the trading time the trend may change direction, as the majority of traders begin to take profits and withdraw money from the market. And the Americans can add fuel to the fire by throwing out some news.

American trading session

The American session opens at 13:00 GMT (16:00 Moscow time). But the opening of the exchange overlaps with the European one for several hours. And this is a rather hot time for trading, since the Americans have a large amount of funds and can actively move the market with them. Closing occurs at one in the morning Moscow time. Since most currency pairs have the dollar in them, trading is carried out on almost all pairs.

America also has a large number of large banks and speculators. Turning points and strong trend reversals are possible.

News usually comes out in the first half of the trading session and is especially strong. This time falls on 17-19 hours Moscow time. At this time, trading of American stocks takes place. Everyone is trying to sell or buy these pieces of paper. Then there is a lull, and it is possible to last until the end of trading.

If it happens on Friday, Americans take profits completely and almost never leave positions open for the weekend. So, on the last day of the week in the evening it is better to fix, since on Monday morning trading may open with a gap.

Source: "finpamm.ru"

What time of day is best to make money on Forex?

All financial markets are tied to the working days of exchanges, on which, in fact, the purchase and sale of certain assets occurs. Such markets, like many enterprises and institutions, operate on a five-day work week. That is, from Monday to Friday, with two days off - Saturday and Sunday.

The foreign exchange market we are considering is no exception. In fact, the Forex opening on Monday occurs early in the morning, an hour or two after midnight, and the Forex closing on Friday occurs along with the last American trading floors, when we already have the beginning of Saturday.

In order to trade successfully, you should know when trading occurs in the exact session when you are going to make money. Naturally, each trading session has its own characteristics, which we will try to highlight. There are three main trading sessions: Asia-Pacific, European and American. Let's take a closer look at them.

Asia-Pacific trading session - when the Forex market opens

Trading begins on Monday at the stock exchange in Wellington, New Zealand. This happens in summer at 2 am Moscow time or on Sunday at 22.00 according to the so-called world time - Greenwich Meridian Time (GMT), which is often used as the default time for financial markets. An hour later, the exchange in Sydney joins, and after another 2–4 hours, Tokyo, Hong Kong and Singapore are actively involved in trading.

Trading during these hours is not the most active. But there are exceptions, in the form of the release of important news in Japan. Active players during this session are Australia, Japan and China. Based on this, currency pairs containing the yen, Australian and New Zealand dollars show the greatest volatility.

When China enters trade, you need to watch this period very carefully. If the euro/dollar pair is actively growing in price at this time, with a high degree of probability we can assume that this growth will continue at least until the start of the American session.

The reason for this is the fact that China is the world's largest owner of American currency, with the exception of the United States. And if he begins to get rid of it in favor of the euro, then this leaves an imprint on the entire trading day.

Opening time of Forex trading in Europe and features of trading during this session

At 8.00 Moscow time, exchanges in Frankfurt, Paris and Zurich begin their work, an hour later they are joined by one of the world's largest exchanges - London. Often during this session, trading is lively and currency pairs with the euro, British pound and Swiss franc are actively traded. The trader needs to pay special attention to the release of important news in the Eurozone, and especially in the UK.

This news can create a real “rally” in the foreign exchange market. They leave at approximately 13-14 hours MSK.

The European trading session is usually characterized by a change in the Asian trend, which often continues the trend set by America. Also, this session is characterized by an increase in the price of the euro. Of course, this is true in the absence or in the case of positive news in the Eurozone.

However, if you are trading pairs with the British pound, then you should wait for news from the UK, if any comes out today. Price jumps sometimes reach 100-150 points per session, so you need to be careful.

The greatest activity during this session is observed in the first 3-4 hours after the opening, after which a decline in trading activity begins, which coincides with the lunch break on these exchanges. Activity on the sites returns with the entry into the game of the North American exchanges.

What time does the Forex market open in North America?

From 16.00 Moscow time, trading opens in Toronto and New York, and an hour later in Chicago. The North American trading session is considered the most aggressive and most volatile. Many traders, regardless of where they live, trade only on it and make good money at the same time. Most often, there is a lot of activity in the euro/dollar, pound/dollar, dollar/Swiss franc and Canadian dollar pairs.

At 16.30, important economic news is usually released, after which trading on the market rapidly intensifies. Such active trading is observed for about 4 hours, after which there is a decline. This is due to the fact that American exchanges close for a break, and brokers go to lunch, and European exchanges finish their working day by this time.

After 20.00 Moscow time, only American exchanges remain open on the entire foreign exchange market. Given that the market is quite thin at this moment, they can dramatically change the exchange rate of any pair if a large investor enters the market. Although, most often, trading during these hours is relatively calm.

The exception is the days when the Fed meets and announces its decisions at 22.15 MSK. This factor can cause sharp fluctuations in the market. The closure of the financial market occurs along with the closure of the Chicago Stock Exchange at 1.00 Moscow time (in fact, already on Saturday). There is no trading over the weekend and the Forex market is closed again until Monday, when the Wellington exchange opens.

Knowing the opening hours of different sessions of the global foreign exchange market can help a trader not only decide on the time that needs to be devoted to analyzing the market situation and trading, but also understand which currency instruments are best to work with at one time or another.

Source: "pasprofit.ru"

Trading session schedule

The Forex market is open 24 hours a day from Sunday to Monday through to Friday and Saturday. Brokers' opening hours may vary slightly.

To rationally distribute your efforts and make the most effective use of the time and opportunities provided by the international currency market FOREX, you need to clearly understand the mechanism of its operation, and also know when and where you can expect the start of its movement, the time of trading sessions, decrease in activity, and even breaks for lunch at the world's leading stock exchanges.

You need to pay attention to the timing of the release of the main economic indicators of leading countries, such important events as speeches by VIPs of the financial market, such as Alan Greenpeace, the former head of the Federal Reserve; Ben Bernanke, current governor of the US Federal Reserve; heads of the central banks of leading countries and other financial news makers.

However, one should not pay excessive attention to this and think that, having learned some news (unless, of course, this news is of some catastrophic or global nature, such as the start of a war, the September 11 terrorist attack, etc. ), You can get ahead of the market and quickly make the right bets.

No matter how sophisticated the software and access to news streams you have, it is doubtful that even through the Internet you can have faster and more reliable information than that possessed by the large players in the Forex market.

And even more so, you are unlikely to be able to possess insider information. Therefore, any news that you learned via the Internet, the market probably already knows. Therefore, your task remains the same: to follow the market, and not try to get ahead of it. Moreover, it very often happens that the market’s assessment of some news is belated, inadequate, and directly opposite to what could be expected.

However, knowing the reasons why the market moves, and even more so, being prepared for the fact that the market may move on certain days and hours is undoubtedly necessary and useful. After all, no normal person is able to “be on alert” 24 hours a day, especially five days a week, when Forex works and gives us the opportunity to earn money.

In all time zones, in any of the world's major trading centers (London, Frankfurt, New York, Tokyo, Hong Kong, Sydney, etc.) there are dealers ready to immediately provide you with the opportunity to enter the market. The Forex market trades between $1 trillion and $3 trillion a day, providing virtually unlimited liquidity.

Due to the huge daily turnover and constant 100% purchasing power, the Forex market cannot be compared with any other market in the world in terms of reliability, dynamism, earning potential and excitement. The working day of foreign exchange dealers of Western commercial banks usually begins at 7.30 am local time.

At 8.00, dealers are already actively concluding deals. The morning half hour is usually devoted to a brief analysis of the events that took place in the world currency markets by the time work began. Dealers use economic and technical analysis of market behavior, read analytical articles in the press, exchange points of view, as well as fresh rumors with each other and with dealers of other commercial banks.

Based on a variety of data, a picture of the possible behavior of the exchange rate for the coming day is gradually emerging with different options for the probability of certain events. By eight o'clock in the morning, the market, consisting of individual dealers, develops tactics of behavior as a whole and begins to join the operations of the world foreign exchange market, giving a new energetic impetus to the movement of the exchange rate.

Far East

Here, the most active transactions are in the market of conversion operations of the dollar against the Japanese yen, the dollar against the euro, the euro against the yen and the dollar against the Australian dollar. Exchange rate fluctuations are often small at this time, but there are days when currencies, especially the dollar against the yen, take dizzying flights.

Typically, these are the days when the Japanese central bank carries out foreign exchange intervention. In Moscow at this time it is night and morning: until noon in Moscow you can work with Tokyo, until lunch with Singapore.

Western Europe

At 7.00 GMT (10.00 Moscow time) the market opens in the European financial centers of Zurich, Frankfurt, Paris, and Luxembourg. However, the truly strong movement in the dollar exchange rate against major currencies begins after 11.00 Moscow time, when the London market opens.

This usually lasts for two to three hours, after which the European bank dealers go to lunch and market activity decreases slightly.

North America

The situation picks up again with the opening of the market in New York at 13.00 GMT (16-00 MSK), when dealers of American banks begin their morning work, and European dealers return from lunch. Currency dealers are eagerly awaiting the opening of the New York market to get fresh data on possible exchange rate movements (especially if the European market has been sluggish).

After the European market closes (around 17.00 GMT 20-00 MSK), aggressive American banks, left alone in the “thin” market, can lead to a sharp change in the exchange rate of the dollar to other currencies.

The American and Asian sessions are the most aggressive, and the largest volume of transactions occurs in the European session. The New Zealand and Australian sessions are considered the calmest.

The most active period for trading the Japanese yen is from 3:00 to 10:00 (Moscow time everywhere). For European currencies there are two periods of activity: from 11-00 to 15-00, and then - with the opening of the American session - from 16-00 to 20-00, less often - until 22-00.

Be extremely careful and do not succumb to market provocations on Mondays: according to statistics, it is on these days that the activity of non-professional market participants is great, trying to make up for what they think is a respite from the weekend.

If you play on intraday charts, do not risk leaving open bets on the weekend, and especially on holidays, since very often after the weekend, if something happened during this time, the market may open at a completely different price, “with a gap” and a stop loss will not save you, since the broker will close your transaction at the opening price, which can “eat” your deposit.

During periods when the majority of large market participants wind down their business and leave the market, you may encounter a phenomenon where the remaining players use this situation of a “thin market” to swing it and short-term speculation, which they would never be able to carry out during periods of activity of other participants — there simply wouldn’t be enough resources.

There is no need to be surprised when, for example, two or three hours before closing on Easter, the market suddenly, without any apparent reason, rushes into the sky. As soon as the big players come to the market after the holidays, the balance will be restored. But someone will pocket several hundred million dollars before the holidays.

If you, understanding what is happening, join this celebration of good luck and stop in time, you can only be congratulated.

However, if you believe in this trick in the last 15 minutes before closing, and leave the bet in the hope that “the market simply did not have time to go further due to the holidays,” there is a very high probability that after the holidays your account will be greatly relieved. Of course, this is just one example of how important it is to understand what is happening in the market.

Time zones

Time zones are counted from the prime meridian, passing through Greenwich (a suburb of London). Time is called world time or GMT. Depending on the season (summer or winter), the time in various financial centers of the globe will differ from GMT world time by a different number of hours.

Source: "optima-finance.ru"

Exchange opening hours

The Forex market is open 24 hours a day, from midnight Sunday-Monday to midnight Friday-Saturday. Brokers' work schedules may differ slightly from each other.

To rationally distribute your forces and effectively use the time and opportunities provided by the international currency market FOREX, you need to understand the mechanism of its operation. You need to know when and where you can expect the start of price movement and a decrease in activity, the time of trading sessions.

You need to pay attention to the release time of the main economic indicators of leading countries, to the speeches of VIPs of the financial market: Alan Greenpeace (former head of the Federal Reserve System), Ben Bernanke (current governor of the US Federal Reserve System), heads of the Central Banks of leading countries.

But you should not think that, having learned some news (unless, of course, this news is of some catastrophic or global nature, such as the start of a war, the September 11 terrorist attack, etc.), you can get ahead of the market and quickly place the right bets.

No matter how sophisticated the software and access to news feeds you have, it is unlikely that you can have faster and more reliable information than what the major players in the Forex market have. Moreover, you are unlikely to have insider information.

Conclusion: any news that you learned via the Internet, the market probably already knows. Therefore: Your task is to follow the market, and not try to get ahead of it.

But nevertheless, it is undoubtedly necessary to know the reasons why the market moves and to be prepared for the fact that the market may move on certain days and hours.

The Forex market has a daily turnover of between $1 and $3 trillion, while providing virtually unlimited liquidity. Due to the huge daily turnover and constant 100% purchasing power, the Forex market cannot be compared with any other market in the world in terms of reliability, dynamism, earning potential and excitement.

The working day of foreign exchange dealers of Western commercial banks usually begins at 7-30 am local time. At 8-00 dealers are already actively concluding deals. The morning half hour is usually devoted to analyzing the events that took place in the world currency markets by the time work began.

Dealers use economic and technical analysis of market behavior, read analytical articles in the press, exchange points of view, as well as fresh rumors with each other and with dealers of other commercial banks. Based on a variety of data, a picture of the possible behavior of the exchange rate for the coming day is gradually emerging with different options for the probability of certain events.

By eight o'clock in the morning, the market, consisting of individual dealers, develops tactics of behavior as a whole and begins to join the operations of the world foreign exchange market, giving a new energetic impetus to the movement of the exchange rate.

Strategically important trading moments in a day

Various territorial markets can be given the following characteristics of work during the day (hereinafter, the time is indicated in GMT):

  • Sunday 20:00 - start of trading (in European DCs - post-Friday rollback, it is better to be at the terminal).
  • 20:00 - the beginning of the trading session in Wellington, nothing special is happening, trading is sluggish.
  • 22:00 — Sydney opens, trade is slowly gaining momentum before the opening of Tokyo (before Tokyo, feel free to place two bets in different directions with TR of 5 - 10 points).
  • 24:00 - trading begins in Tokyo, trading is becoming dynamic, it is worth taking into account the fact that there are corporate relations between Asian investors, they act harmoniously and clearly, if they go in the same direction, then all at once.
  • 01:00 - opening of Singapore, dynamics are increasing due to the approaching opening of 2 giant exchanges - in Shanghai and Hong Kong; before the Chinese session, the euro usually declines until the opening of Shanghai and Hong Kong.
  • At 01:00 - 01:30 before Chinese trading, the euro most often goes down, but there are exceptions, so be careful.
  • At 01:30 - trading begins in Shanghai and Hong Kong, large-scale trading usually begins, the entire Asia-Pacific region trades.
  • From 01:30 to 02:30 - the euro usually goes up within an hour.
  • From 02:30 to 06:00 - transactions may be in different directions for EURUSD, because Asian exporters convert part of their profits into both dollars and euros.
  • At 06:00 - Tokyo closes, if the Euro was actively falling until this moment, then after Tokyo closes, the Chinese drive the Euro up.
  • From 06:00 to 07:00 - “Chinese hour” in the market, the Chinese and Singapore do what they want. At this time the Euro usually rises.

    Asia is a huge commercial and industrial region, an abundance of high-quality and inexpensive goods, gigantic finances in circulation; Accordingly, there are a lot of bets on the exchanges. Therefore, bets placed at the London open should be monitored after the Asian region exits trading.

  • At 08:00 - the opening of London and the European exchanges; according to observations, Euro sales often prevail in the first hours.
  • At 09:00 - Singapore closes and the end of the Asian session: immediately or within an hour there is a breakthrough in the Euro, a trend change (usually) until 11:30.
  • At 09:00 - the Euro jumps immediately or a little late, no one bothers the Europeans, Asian stops usually get knocked down.
  • From 10:00 to 10:30 - the trend often changes in the European session.
  • From 11:00 to 13:00 - completion of trading turnover on oil trading floors: Dubai, Qatar, Emirates, etc. Most likely, they also do not need dollars, because oil is traded in dollars, which is why the Euro usually grows.

    It is impossible not to note the last opening hours of the Middle East stock exchanges. This is an oil region, the exchanges here do not operate for long, but there are large volumes, there are plenty of dollars, so we can assume that there is no point in buying dollars.

  • From 14:00 to 14:30 - time to close all dubious positions before the upcoming American “lawlessness”, or to block losses. The Euro usually falls ahead of America.
  • From 14:00 to 14:30 - Planned confusion and excitement before the opening of 3 large exchanges - New York, Toronto and Chicago. It's time to secure your position.
  • 14:30 - trading begins on the stock exchanges of America and Canada; in addition, Europe is still in trading. At this time, large-scale trading begins, it is very difficult to predict anything, it is pure pure speculation, trends are formed at lightning speed.
  • At 14:30 the Americans start squashing and gawking at everyone! It is impossible to predict the direction of the trend, however, by the time London, Zurich and Frankfurt close, the formed trend often changes to the opposite.
  • At 16:30 the European session closes and the Euro trend often changes sharply.
  • From 20:00 to 21:00 is the last hour of the American session, the existing trend often resumes until 21:00 - 21:30. The first and last hour of operation of almost any exchange is the time of maximum activity for clients with huge amounts of money and very large funds.

    This does not mean that they are idle throughout the session, they are analyzing the situation. But transactions are carried out mainly at specified hours, which makes it possible to predict price movements at the opening and closing of large exchanges.

  • Place your bets before the exchanges open (1-2 minutes before). In the first hours of the night, EUR/USD often rolls back down almost to the opening of TOKYO, as a rule, if the price went up until 21-22.
  • On Friday there is a massive knocking down of stops. On Friday at 21:00 trading stops.

A few words about China

The structure of Chinese exports is as follows: most of the goods are paid for in dollars, so one can assume that China has no need to buy dollars, they already have plenty of them. Therefore, most often in the Chinese session, EUR/USD rises.

China is one of the countries with the largest gold and foreign exchange reserves, so one hint that China will sell some dollars is enough for panic and a rise in the euro.

In addition, China is the largest creditor to the United States. Apparently, for now, China will be at a loss to get rid of the dollar. Threats to the diversification of foreign exchange reserves are most often speculative in nature. Follow the Chinese, their speeches and actions. If the Chinese are actively buying dollars, the whole day will be uncertain. If they buy euros, everything is predictable.

Important time points

If you use intraday trading techniques, it is advisable to be at the terminal at the following times: 23:55; 01:25; 05:55; 06:00-08:00; 07:55; 08:55; 09:00-11:00; 10:55; 11:00-13:00; 12:45; 14:25; 16:30-17.00; 18:55; 19:55; 21:00.

  1. 14:25 - 14:29 - before the opening of American sites, feel free to place 2 bets in both directions with TP of 10 points (minimum) and 2 more bets in both directions with the goal of taking 150-180 points of profit in one direction. The second bet with a small TR will be waiting for a return or closed on a rollback with a minus. Naturally, there must be a positive difference between the two orders.

    Do this if the direction is unknown. If the chart is at the lower border of the corridor, indicated by the extreme values ​​of support and resistance, then buy, if at the upper border - sell. In the middle is a bet in different directions with a TR of 10 points or more, depending on your desire to take risks.

  2. Close negative trades with an iron hand, there is no question of any greed, be content with little and little. Get rich slowly and little by little.
  3. It should be borne in mind that exchanges are not very loyal to investors. Considering this fact, it is necessary to learn a strict rule: all news regarding events on the stock exchanges is 90% disinformation, and no one knows how to find 10% of the truth! The consortium of world banks conducts business very skillfully and does not catch Stop Losses. You can never say what event and how the market will react.
  4. On Wednesday and Friday, do not work in large lots. There are very strong jumps in both directions. More precisely, never work with a large lot with leverage. There will be 2-3 million in circulation in a few years, you will work in large lots and without leverage, but as long as there is leverage, there is a serious risk of quickly losing your deposit. You can lose money in almost a few minutes.
  5. If you can’t supervise the trading terminal, make only tiny bets or don’t make any at all.
  6. Trading is a hunt for money. But a good hunter sits patiently in ambush and shoots only point-blank and for sure. Never trade when you are tired! You can simply fall asleep while trading or stupidly make mistakes.
  7. The maximum drawdown directly depends on the lot being traded:
    • when trading lot 0.1, the price must go by 20 figures (2000 points) to completely drain the deposit;
    • with a lot of 0.5, 4 figures are enough to lose (400 points);
    • in any case, a deviation of the price from your bet by 200 points indicates an error in determining the trend, but with a small volume of bets, the loss is not significant and will not lead to the loss of the deposit.
  8. Be especially wary of all sorts of new indicators and trading robots; you can experiment on a demo account or with small amounts; On a real account with serious money, it is better to be careful.
  9. The surest way to make money on Forex is to gradually increase your deposit, in small lots, without losses, without drawdowns. Please note that Karl Marx recommended increasing capital in small doses!
  10. Absolutely always use the safe lot rule: divide the deposit by 20,000, and what you get as a result is the law for execution, including when opening trades in both directions. When opening in both directions: place “Buy” lower than “Sell” by 6-10 points, using a pending order. Wherever the price goes, the deal is always in the black.
  11. Use the data on the "Mood Indicator" page. If the majority are selling, then expect the rate to move in the opposite direction and vice versa. If the positions are equal, then open 2 bets in different directions with a small take profit.
  12. Increase lots only from what you earn, try not to replenish your deposit. This is due to the fact that it is psychologically impossible to immediately adjust to amounts that are many times larger than usual.
  13. Trends are always weekly, with the exception of 5, maximum 10 percent of the total: that is, if there is an upward trend, then for the whole week, etc. Don’t go against the trend, the market cannot be deceived, it is better to be on friendly terms with it.
  14. Most often, the rate collapses to a level where a larger number of stop losses are collected, then the rate again returns to its theoretical value, make friends with technical analysis, look for levels where the price will definitely return. As a rule, these are the maximums or minimums set at the regional session; at the session following it, the rate may return with a difference of 10–15 points (-), or 40–45 points (+).
  15. In addition to technical analysis, there is also fundamental analysis. Remember this. Even if everything is normal on the charts, and everything is going according to your forecast, follow the news: if something happens somewhere, there will be jerks and gaps on the charts.
  16. Time zones are counted from the prime meridian, passing through Greenwich (a suburb of London). The time is called Greenwich Meridian Time (GMT) or world time. Depending on the season, the time in various financial centers will differ from GMT by a certain number of hours.

Source: "jobmm.ru"

Stock exchange opening hours

The stock exchange is a non-profit organization that ensures the normal circulation of securities and their market value. To better understand the entire economic situation in the world and quickly respond to market changes, you need to view the movement of stock exchange quotes. To do this, a trader needs to know the opening hours of the stock exchange.

I would like to note that the Russian Federation used to change clocks to summer time, but after 2011 this procedure was canceled. The abolition of such an action at one time took place in China and Japan. But Europe and the United States in the fall turn the clocks to winter time, that is, back. So, when viewing the time of trading sessions, you need to read an hour ago according to Moscow time.

In the spring, European countries such as Germany, France, Great Britain and others change their clocks to the summer period, and then the opening hours of stock exchanges coincide with the Moscow sessions.

Opening hours of the largest exchanges in the world

  • Chicago Mercantile Exchange (CME). The trading session runs from 18:00 to 02:00;
  • New York Mercantile Exchange (NYMEX). Open from 16:20 to 22:30;
  • New York Metal Exchange (COMEX). Open from 15:50 to 21:30;
  • Intercontinental Exchange (ICE). Open from 16:00 to 23:00;
  • Consortium of European Exchanges (EURONEXT). Open from 11:00 to 19:30;
  • London International Financial Futures Exchange (LIFFE). Open from 04:00 to 00:00;
  • European Derivatives Exchange (EUREX). Open from 10:00 to 00:00;
  • Russian trading systems (RTS and RTS). Conducts the session from 10:30 to 18:45;
  • Moscow Interbank Currency Exchange (MICEX and MICEX). Open from 10:30 to 18:45;
  • Tokyo Grain Exchange (TGE). Open from 3:00 to 10:45;
  • New York Stock Exchange (NYSE). Open from 17:30 to 00:00;
  • Electronic Stock Trading System (NASDAQ). Open from 17:30 to 00:00;
  • American Stock Exchange (AMEX). Open from 17:30 to 00:00;
  • London Stock Exchange (LSE). Conducts a trading session from 11:00 to 19:30;
  • Frankfurt Stock Exchange (FWR). Open from 11:00 to 22:00;
  • Tokyo Stock Exchange (TSE). Open from 3:00 to 9:00;
  • Hong Kong Stock Exchange (HKSE). Open from 5:00 to 11:00;
  • Milan Stock Exchange (MIB). Open from 11:00 to 19:30;
  • Swiss Stock Exchange (SWX). Open from 11:00 to 19:30.

Each stock exchange is unique and has its own characteristics; to maximize positive results from trading, you need to take into account not only the operating hours of stock exchanges, but also sometimes seemingly insignificant nuances.

Source: "gerchik.ru"

Opening hours of exchanges in different countries of the world - schedule relative to Moscow time

In order to better understand the economic processes taking place in the world and respond to important changes in a timely manner, it is necessary to monitor the movement of quotes on world stock markets on a daily basis, and for this, a trader needs to know the opening hours of exchanges in different countries of the world.

The operating hours of exchanges in winter and summer are structured in the tables below, the data is presented relative to Moscow time.


Exchange opening hours in winter

Previously, Russia annually switched to summer mode, moving the clock hands back by one hour, but in the summer of 2011 this procedure was canceled. A similar situation is observed in Japan and China - these countries also do not change their clocks all year.


Exchange opening hours in summer

Autumn in Europe and the United States is marked by the transition to winter time (clocks are set back) and, thus, trading sessions in Germany, France, Great Britain and other European countries, as well as the United States, take place one hour later than the trading session in Russia, Moscow time.

In the spring, the same countries move their clocks forward, as a result of which the trading sessions of Europe and the United States overlap an hour more with Russian trading.

US clock change schedule

In America, the summer regime begins in March (the second Sunday - an hour ahead), the winter regime - in November (the first Sunday - an hour ago).

Transition schedule in Europe

European countries also switch to the summer schedule in March (the last Sunday in March - forward by one hour), and in October - to the winter schedule (the last Sunday in October - back by one hour).

How does the clock change affect the Russian trading session?

As a result, during the summer time period, the American session “overlaps” the Russian session for 1 hour and 15 minutes, thus, Russian traders have time to win back some of the overseas trading. Trading in the US closes at 00:00 Moscow time, which coincides with the close of the Russian evening FORTS session.

During winter time, the obvious disadvantages of canceling the clock change in Russia are obvious:

  1. The US trading session overlaps with the Russian one for only 15 minutes, resulting in the strongest volatility in the final 15 minutes. before closing (from 18:30 to 18:45).
  2. Europe will open later, i.e. at 12:00, which means that there will be no additional drivers of movement from 10:00 to 12:00 for the Russian Federation (as a result, the first two trading hours are marked by low volatility).
  3. The release of significant US macro statistics will now occur at 19:00 Moscow time - this is the time when the FORTS evening session begins after the main clearing. The result is increased activity in the first minutes of evening trading.
  4. During the winter period, the American session closes at 01:00 Moscow time, and the FORTS market is traded until 00:00 Moscow time. As a result, the last trading hour will be ignored in the evening and won back in the form of a gap in the morning session.

Trading on the international financial market Forex is carried out around the clock. Within 24 hours, 5 days a week, from Sunday night to Friday night, traders can open trades to buy and sell currencies, indices, commodities and stocks.

But during this period there are special points of attention for traders - the opening and closing times of trading sessions. It is at this time that active trading begins, which leads to increased asset volatility.

After the weekend, the trading session opens on Monday at 0-00 broker server time. To determine the opening time of the Forex market in your time zone, you need to compare the server time in the MetaTrader 4 terminal with your actual time. Moscow time, the exchange opens at 1:00 a.m. on Monday.

In order to determine which of the exchanges is currently operating, you need to contact the service - Stocktime.ru, where you can find convenient hours that indicate the operating hours of the exchanges. If the interval on the clock is green, then this exchange is currently working, if it is gray, then trading on the exchange has ended.

Major world trading exchanges

There are 4 main trading sessions in the Forex market:

  • Asian;
  • European;
  • American;
  • Pacific

Asian trading session

The Asian trading session opens at 02-00 (Tokyo) and 03-00 (Hong Kong, Singapore) Moscow time. The movements of currency pairs that occur during this time can say a lot about the upcoming trading day.

During the Asian session, oil data is often released, active purchases and sales of this commodity occur, so currency pairs, and especially the Canadian and Australian dollars, show excellent dynamics when the market opens.

For traders who prefer to trade at night, this is an excellent opportunity to “catch” trend movements and increase their deposit.

Japan also begins trading during the Asian session, so when analyzing the market it is worth paying attention to currency pairs with the Japanese yen.

The main currency pairs of the Asian session are USD/JPY, EUR/JPY, AUD/USD and others.

For those for whom the night is not an obstacle, in order to make a profit you need to know that during the opening of the Asian session there are maximum movements of currency pairs that need to be “taken”. By morning, the volatility of Asian currencies is falling.

European trading session

The European trading session begins at 09-00 Moscow time (Zurich, Paris, Frankfurt) and at 10-00 Moscow time - London, closing at 18-00 and 19-00 respectively.

The European trading session is considered the main one, as major players and the majority of traders around the world enter trading. About 30% of all trading operations on the Forex market take place during the European session.

The greatest profits during the European session come from currency pairs EUR/USD, GBP/CHF, USD/CHF, GBP/JPY and other quotes that include the euro, British pound, Swiss franc and American dollar.

The volatility of currency pairs and other assets during the European session is off the charts, as large trading participants restructure their assets at this time.

It is also worth noting that market volatility varies within one trading session. The main time when active contracting occurs is the opening and closing of the session, when dealers record the results of work during trading.

During the European session, a decline in player activity is observed at 12-14 hours Moscow time. At this time, you can relax, outline an action plan for the upcoming American session, look for how to trade on and other brokers.

American trading session

After a short respite from active trading in the European session, traders are preparing for the opening of the American session, which accounts for about 19% of the total turnover of the global Forex market. New York trading opens at 16:00 Moscow time, when dealers of American banks begin trading.

The list of major currency pairs traded during the American session is identical to the pairs in the European session.

During the American session, a large amount of economic news, statistical data, speeches by the heads of the Central Bank, etc. are released. The overlap of the European and American sessions leads to active movements of currency pairs, especially for the EUR/USD pair.

As the European session closes, the volatility of currency pairs remains high. It is at this time that large players, remaining in the so-called “thin” market, are able to sharply change the exchange rate of the dollar in relation to other currencies.

At this time, currency pair quotes show excellent trend movements, which professional traders use to make profits. There is also activity in the options market, where you can get additional profit by trading on and platforms.

The American session closes at 23-00 Moscow time. Often at this time the activity of most traders decreases, which affects the movement in the market.

Pacific trading session

The Pacific trading session is one of the calmest and least volatile. This is due to the fact that only Australia and New Zealand are trading at this time. In addition, many traders prefer to wait out this time in anticipation of a more volatile Asian session.

The main currency traded in the Pacific session is the Australian dollar AUD, which also remains active during the Asian session on the back of commodity news.

MetaTrader 4 indicator for determining session opening times

Many novice traders are faced with the problem of determining the correct opening time for trading sessions based on their location. Most trading platforms operate on GMT time, which differs from Russian time by several hours.

Forex opening time starts on Monday, Moscow time it will be one in the morning, and ends on Friday night. The Forex currency exchange is 24/7. The forex operating mode, like half of the world's population, is a five-day work week, that is, Saturday and Sunday are non-working days for forex. The market is also closed on holidays such as New Year, Christmas, Easter.

Forex trading hours are usually measured using Universal Coordinated Time. Previously, the countdown took place in Greenwich.

The Forex market is a 24-hour currency exchange, as this exchange is global. When in one country Forex ceases its work and retires, in another it is just opening. But, despite the fact that the market is open all the time, and trading sessions are constantly taking place on it, it still has its own characteristics. At certain times, the major currency pairs slow down their movement, this time falls on the closing hours of trading on the European exchange. Below is a table of working hours for different trading sessions.

winter time

summer time

Moscow time (GTM +3 / GTM +4)

Opening

Closing

Opening

Closing

Australia, Oceania

Asian session

Singapore

European session

Frankfurt

American session

The main trading takes place on three world exchanges - Asian, European and American. The most aggressive trading session occurs at the opening of the American stock exchange, namely the New York stock exchange, and the greatest market volatility is observed on the European stock exchange, and more specifically, when the London stock exchange wakes up and starts its work.

Forex is interesting because it is an international currency market, the trading process of which occurs along with the change of time zones. Opening hours are limited to five days, excluding weekends and holidays. However, the schedule largely depends on the countries, because in some places the stock exchange is closed on January 1, and in others they do not actively celebrate the New Year. While people on one side of the world are seeing their tenth dream, on the other they are already trading stocks, securities and currency pairs.

When Forex trading begins after the weekend, the clock shows just after midnight. At 1-2 am on Monday, deals are already starting to be concluded and continue this with rare breaks. A beginner needs to choose the right time to work.

Over time, several trading sessions open in turn, among which 3 deserve the most attention: Asia-Pacific, American and European.

Most of the participants, as you might guess, prefer transactions at the American session, in which, in addition to the United States, Canada and Brazil are involved. This is where the main capital is concentrated. This is due to the fact that the United States has the greatest influence on the modern economy, where trading also actually originated. Legendary traders made their millions on Wall Street long before the advent of the Internet.

When does Forex trading begin after the weekend: Asia-Pacific session

Since trading takes place all over the world and time zones differ, Forex is usually based on Greenwich Mean Time - GMT. According to it, the stock exchange in New Zealand (Wellington) opens at 10 pm on Sunday. During this period it is already 2 am in Moscow. After an hour, Sydney comes into play, and after another two to four hours, the “Asian tigers” - Tokyo, Singapore and Hong Kong - join in.

When Forex trading begins after the weekend, the first thing you should pay attention to is the Australian, New Zealand, and Japanese currencies. These positions are characterized by high volatility and, under certain conditions, can bring good profits. However, much activity in Asian trading is usually not observed at first.

But when China comes into play, the trader must be extremely focused. The euro/dollar currency pair is an important indicator, and if it has increased in price, you should expect the trend to continue before the start of the American session. The reason is that Beijing has the largest dollar reserves in the world after the United States. If he suddenly decides to get rid of the dollar, giving preference to the European currency, this could significantly affect quotes throughout the day.

European exchanges

When the clock hands in Moscow show 8 am, Frankfurt, Zurich and Paris open their doors, and an hour later the largest trading platform in Europe - London. In addition to the euro, the greatest interest for a trader during this period is the Swiss franc and the British pound.

As you know, the release of economic news has a significant impact on quotes. Stay tuned for the latest data on the Eurozone, especially the UK, which will appear around lunchtime in Moscow. It is quite possible that this information will seriously shake up the market and change the situation on it.

The European trading session has some features:

  • Usually during this period, a trend that arose in America and continued on Asian markets changes;
  • characterized by an increase in the value of the euro;
  • when concluding transactions using the British pound, there is no need to rush - you definitely need to wait for financial news on this country;
  • high volatility - jumps can range from 100 to 150 points.

American exchanges

Toronto, New York, and then Chicago open trading in the most volatile and aggressive session - the American session. This happens at 16.00 Moscow time. The following currency pairs are popular here:

  • euro/dollar;
  • dollar/Swiss franc;
  • Canadian dollar;
  • pound/dollar

Within half an hour after the start, important economic news comes out and trading intensifies sharply. There is excitement for at least four hours, after which there is a decline. This is due to the break, while European exchanges stop working altogether. After 8 pm there is a lull, which can only be disturbed by a really large investor who has begun active actions. The Chicago Stock Exchange closes at one in the morning according to Moscow time - Forex stops working until Monday.




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