May 25, 2009
Forex Trading Schedule
Forex is an interesting market because it is open 24 hours a day, from 5 pm EST on Sunday until 4 pm EST on Friday. This makes it an ideal market to trade for those of us who have jobs during the day.
- New York opens 8:00 am to 5:00 pm EST
- Tokyo opens 7:00 pm to 4:00 am EST
- Sydney opens 5:00 pm to 2:00 am EST
- London opens 3:00 am to 12:00 noon EST
It is easy to see that the most active periods will be areas of overlap between the different markets. These are the sessions that overlap:
- New York / London from 8:00 am — 12:00 pm EST
- Sydney / Tokyo — 7:00 pm — 2:00 am EST
- London / Tokyo — 3:00 am — 4:00am EST