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The forex market stays open 24 hours a day during the trading week that stretches from 5 p.m. on Sunday to 5 p.m. on Friday New York time, so forex day traders must clarify exactly which session ...
The forex market operates in four key sessions based on location: Sydney, Tokyo, London and New York. Each session has differences in trading volume, currency pair activity and market volatility.
“By looking at the average pip movement of major currency pairs during each forex trading session, we can see that the London session – which runs from 08:00 to 16:00 GMT – has the most ...
For example, if you’re trading EUR/JPY, you’d want to trade when both the New York and Sydney session are open – which is between 8:00 to 9:00 (GMT).” ...