Working hours in the forex market ~ IskaDev
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Sunday, November 17, 2013

Working hours in the forex market




Forex market is an open market and is available throughout the day for 24 hours so we can always work at any time prefer whether it is early in the morning or in the evening or in the middle of the day because Forex is always available throughout the week from Sunday evening until Friday evening which we can exchange trading for 5 days a week, 24 hours at any time during the day.

Opening global stock markets and their impact on the forex market:

Always influenced by the movement of currency trading in the Forex with the opening of global stock markets and therefore there are some times when the market is active and therefore we find a quick price movements and there are other times be the movement of prices in the forex market is slow.


Opening times of global stock markets:There are five global stock markets and each market of global stock markets work for a period of 8 hours , so there is a time for each opening Boerse depending on the timing of the trading in this market are: Frankfurt stock Exchange and the headquarters of the trading in the stock market is Germany, which is called the European market or the Berlin meeting and working from 06:00 GMT until 02:00 pm.London Stock Exchange and the headquarters of the trading in the stock market is Britain, which is called the European market or the London and operates from 07:00 GMT to 03:00 pm .New York Stock Exchange and the headquarters of the trading in the stock market is America, it is called the American market or the New York session and operates from 12:00 pm GMT until 08:00 pm.Sydney Stock Exchange and the headquarters of the trading in the stock market is Australia, which is called the Australian market or Australia and session work from 10:00 pm GMT until 06:00 am .Tokyo Stock Exchange and the headquarters of the trading in the stock market is Japan, which is called the Asian market or the Tokyo session and operates from 11:00 pm GMT until 07:00 in the morning .And if we notice the timing of the opening of global stock markets will find that there is more than one stock exchange is working at one time and therefore are those times of more times active in relation to the price movements in the forex at the same time is a currency trading at such times are the most risky and the best in terms of profits , but we we know that we can be exposed to large losses as well if we work in such high-risk times.

The most dangerous times of trading in the Forex Market:

There are some times where trading in the forex market more dangerous and this because of the rapid movements that occur at such times and so we have to avoid working in such times, namely:
1- The time of the opening of the London Stock Exchange at 08:00 am GMT
2- 12:00 pm GMT until 14:00 pm due to overlapping of the New York Stock Exchange with other bourses in the same time.
3- 16:00 pm GMT until 17:00 pm because of the amount of trading in the U.S. market.


Note: 
We must determine the time to work on the basis of the currency that will work in the Forex, whether buying or selling depending on the timing of the opening of the the owner Currency exchange will we choose depending on the country. 

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