Forex is a highly dynamic market with lots of price oscillations in a single minute, this characteristic of the Forex market allows traders to enter the market many times a day and pull some profit from these number of trades. If you want to find an appreciable number of profitable trades you need to enter the forex market at the best period of time, i.e., when the activity, the volume of transactions, is the highest.

The main timing characteristics of the Forex market are the following:

* Forex is 24 hour market It starts from Sunday 5pm EST through Friday 4pm EST. Rollover at 5pm EST
* Forex Trading begins in New Zealand, followed by Australia, Asia, the Middle East, Europe, and America
* The US & UK account for more than 50% of the market transactions
* Forex Major markets: London, New York, Tokyo
* Nearly two-thirds of NY activity occurs in the morning hours while European markets are open
* Forex Trading activity is heaviest when major markets overlap.

From this timing facts, it is quite visible that at any given time, somebody somewhere in the world is buying and selling currencies. As one market closes, another market opens. Business hours overlap, and the exchange continues as day becomes night and night becomes day.

Forex market volume of transactions remains high during the whole day, but peaks highest when the Asian market(including Australia & New Zealand), the European market and the U.S. market are open simultaneously. And these are the trading hours you must target in order to find the highest possible amount of profitable trades.

Forex trading hours, trading time:

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
The best time to trade is when the market is the most active and therefore has the biggest volume of trades. More active currency moves will create a good chance to catch the trade and make some profit. A calm, slow market is literally wasting of time turn off your computer and don't even bother!



Forex Market Hours Monitor - Forex Market Hours is a handy freeware program that allows keeping track on active Forex market sessions worldwide. London, New York, Sydney, Tokyo - major trading sessions with the biggest volume of trades are depicted in friendly dialog window with active hours tracking tool. Program needs no installation and will graphically show forex trading hours that are currently active. Forex Market Hours Monitor adjusts user's current time to Eastern Standard Time and shows active trading sessions in the Forex Market. Program can be used by all forex traders trading in any time zone.


                                                               See other free software here >>>

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