When to trade currencies in the Forex market during the day

The Forex market is open 24 hours a day 5 day a week. The market consists of four markets New York, London, Tokyo and Sydney.

In London time the market in London opens at 8 in the morning and close at 5 in the afternoon. New York opens at 1 in the afternoon and close at 10 in the evening. Sydney opens at 10 in the evening and close at 7 in the morning. Tokyo opens at 12 at night and close at 9 in the morning.

The London and New York markets are open at the same time from 1 in the afternoon to 5 in the afternoon. The London market and Tokyo market are open at the same time from 8 in the morning to 9 in the morning.

The markets in Tokyo and Sydney are open at the same time from 12 at night to 7 in the morning.

When the markets are open at the same time there is more volume and trades and it give a better chance to win a profit.

At this link http://www.forexmarkethours.com/ at the end of the page is a free Forex Market Hours Monitor you can download. The monitor shows when the market is open in your time zone.

Interested in how to trade read my posts

• How easy it is to trade - Step by step - And how to minimize risk in a trade
• Trading Forex at PLUS500 using the trading strategy 123 trading signals

Or / and visit my Forex website. My Forex website contains the trading strategies

• The Fibonacci trading strategy
• And free Fibonacci calculators
• The alligator trading strategy

Visit my Forex website click on this link  Forex website

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