You should
know that the forex market is different from any other markets in the world
because the forex market is open 24 hours a day anywhere in the world is open
financial center to work and exchange banks and other institutions where
currencies every hour day and night, except for the simple times just generally
on holiday Weekend.
Foreign
exchange market follows the movement of the sun around the world so you can
trade late at night or in the morning. So keep in mind, that is linked to the
different markets in the world forex market timing is linked to Bborsat
- Sydney.
- Tokyo.
- London.
- New York.
Mainly
because it works in times of action of these markets.
Often the
forex market on Sunday, starts at about (21:00 GMT GMT) to Friday evening
(21:00 GMT GMT)
Importance of
the times:
It goes
without saying that every currency, seeking to be traded should be
country-specific currency bourse open, because it is a speculative move
depending on the price of the currency will happen on the news about this
country.
Currency
period Alasewehpoursh open 24 hours a day except on Saturday and Sunday and is
divided into three periods:
- European
period.
- The period
of America.
Asian period:
Asian market
opens at 12 am GMT to 10:00 pm.
Activity for
the Asian markets The period is often seen stagnation in the markets and the
fluctuation to which the simple lack of liquidity in them.
European
session:
European
market opens at 9:00 GMT to 7 pm.
The more
active periods as they overlap period between the European market and the US
market any time from 3 pm to 7 pm
American
session:
US market
opens at 15:00 GMT to 12 o'clock at night and then reflected from a new Asian
market .obadha calm stock markets and often through the end of the American
session from almost any 8 pm to 12 pm enters the market operations of
profit-taking.
It is worth
mentioning that the greatest periods in the currency market in terms of
liquidity is the period of the European session, where they represent 35.8% of
the total trading volume
And it is
therefore a distinctive period of trading in the currency market, and the time
period of America is the second largest periods in terms of volume, accounting
for 14.9% of the total trading volume in the currency market.
Based on this, the
highest degree of liquidity to be when the US market overlap with the European
market from the time one noon to five o'clock pm GMT.