Trading sessions: trading according to world time

Forex trading session schedule Moscow time

The work of the Forex market is carried out around the clock according to a certain schedule for 5 days a week. Naturally, it would be strange if time zones were not taken into account in his trading. World trading is guided by Greenwich Mean Time (a city in the UK through which the zero meridian passes). This time is abbreviated as GMT. All other zones form their own time by adding or subtracting the number of time zones that are away from Greenwich. So, Greenwich and Moscow are separated by three time zones, and Moscow time looks like GMT + 3.

Forex trading sessions are also associated with time zones. In general, a trading session is the time during which trade intensifies in a certain region, when financial institutions and the bulk of traders begin their work. For proper trading, a trader must know:

Types of trading sessions in forex;
Features and time of sessions;
Using indicators of trading sessions.

Types and schedule of Forex trading sessions

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The best way to consolidate theory is practice. In order to quickly understand the dependence of the behavior of financial markets when changing trading sessions, it is better to watch the charts directly in the trading terminal. To do this, you can open, for example, a demo account with a broker that I have been working with for more than 3 years.

Depending on the geographical location of the exchanges, there are four trading sessions:

Asian;
European;
American;
Pacific.

Forex trading sessions open with the Asian session at 23:00 GMT and the start of the Tokyo Stock Exchange, and close at 22:00 GMT with the end of the American trading session and the close of the stock exchange in Chicago. Of course, in each region, traders use their own local time, for which appropriate settings are provided in the trading terminals. Traders of the European part of Russia work mainly in Moscow. For practical use, it is convenient to summarize all time data in a table, including the schedule of Forex trading sessions in Moscow time.

Features of trading sessions

The differences between the sessions are not so much in the time of work, but in the trading features. The period of work of each of the sessions is characterized by its most popular currency, its , influence .

Features of the Asian session

The most actively traded currency pairs are USD/JPY, EUR/USD, EUR/JPY, AUD/USD and other pairs with the yen and other Asian currencies. Currency volatility is not very high and the market is mostly calm. But one should pay attention to the time of the Central Bank of Japan's foreign exchange interventions or the publication of national economic information. At this time, currencies can make significant jumps. As a rule, such events can occur during the period 01-03 GMT.

Features of the European session

The beginning of the European trading session somewhat captures the end of the Asian one. In addition to the main participants, traders from other European countries, including Russia, are gradually being included in the trading process. The opening of the European session, as a rule, is calm. The main movement begins with the opening of the London Stock Exchange. Often, the opening of the session accompanies the release of European economic news, giving the movement of the currency additional dynamics. The volatility of major currency pairs increases sharply, most instruments are traded. The EUR/USD, GBR/CHF, USD/CHF, GBR/JPY pairs can bring the greatest profit. Of particular relevance, in addition to the euro, are the British pound, the Swiss franc and the US dollar. High volatility exists for 2-3 hours and decreases during the lunch period. During the European session, the trends are characterized by a large value associated with the importance of the currency in the global economy.

Features of the American session

The movement of currencies begins to intensify with the beginning of the American trading session. At this time, banks begin to work, and European financiers return from lunch. Fluctuations in rates during the American session do not exceed fluctuations in the European session. However, the opening of the New York Bank may make its own adjustments to the movement of currencies. And the most significant changes can be expected after the end of the European trading session, when American banks are left alone - during this period, even a radical change in the direction of the course is possible. Mass releases of national economic news force the currency to make multidirectional and chaotic movements. currencies noticeably in the last days of the week. The instruments with the US dollar are the most relevant, but GBR/CHF, GBR/JPY are also traded well. The market lull comes around 21:00 Moscow time, with the end of the exchanges.

Features of the Pacific session

The Pacific session is considered the most calm trading period in Forex. The absence of large players leads to the fact that the market can be flat for hours. The most liquid assets are Australian and new zealand dollar s.

Traders build their work mainly on a regional basis. However, many Europeans trade during the Asian session - most likely they are more suitable for calm trading or the strategy involves trading certain currencies at certain times.

The choice of time for trading should be carried out taking into account the own qualities and characteristics of the applied trading system. And it does not have to be the time in the region of residence.

Significantly complicates the entry into the trade time difference. , trading strategies, settings of trading robots operate, as a rule, with GMT time and the trader has to recalculate this time for the regional one. To simplify this process, a lot of trading session indicators have been developed that allow traders to focus on the periods of sessions when developing and testing trading strategies and trading itself.

So, the Forex Market Hours algorithm shows the hours of the sessions, marking the active ones in relation to the regional time. It can recalculate the time to change the time to summer or winter. All these actions are performed automatically.

The well-known i-Sessions indicator of trading sessions has gained great popularity among traders. For correct operation, you only need to manually set the start and end time of trading sessions and its correspondence to the terminal time.

With the help of this indicator, the nature of the market in certain periods of specific sessions is very clearly visible.

Time 2 VBO indicators are widely used - a convenient algorithm for short-term trading, simple and understandable Aliev TM Trading and many others.

Trading session indicators do not carry any trading load, but their information support can provide a trader with invaluable assistance in organizing his trading.

Conclusion

Knowing the time of trading sessions is used by many experienced forex traders. After all, many market participants, including large ones, are activated precisely at certain periods, which can be usefully used in your trading strategy. In addition, this knowledge will allow you to avoid many of the troubles associated with excessive activity of currencies tied to certain regional events.

And the last. Strict adherence to market time will allow the trader not to get hung up on one trade, but to plan his time correctly, combining trading with a good rest.

All successful trading and profit!

The currency market is open around the clock, from Monday morning to Friday evening. Due to the fact that different countries are located geographically in different time zones, but you have to work with currencies all the time, the Forex exchange schedule is designed in such a way that it is open around the clock, unlike, say, stock exchanges.

Traditionally, the foreign exchange market is divided into 4 main trading hours:

• extremely calm:

Which, in turn, consist of separate Forex exchanges, the working hours of which also differ.

Why know the time (schedule) of trading sessions on the Forex exchange?

Each of the Forex exchanges that exist today has its own characteristic features that every trader needs to know and take into account when trading. Knowing the hours of operation of Forex exchanges, or the schedule of trading sessions, traders can conduct more profitable trading, since understanding what to expect from a particular currency pair can be more efficient.

For example, in order to analyze important news and make successful trading operations based on it, you should clearly know the work schedule of each of the trading sessions, since at different times of the Forex exchanges, the activity on them varies greatly.

The countdown of the time of activity of exchanges is initially conducted according to Greenwich Mean Time, abbreviated as GMT. Accordingly, the working hours of Forex exchanges, or rather, their, which are located in different time zones, will change by a characteristic number of hours. So, the hours of operation of Forex exchanges can be determined by Greenwich Mean Time, Moscow time or Moscow time, New York time, Tokyo time, and so on.

You can see the work schedule for all trading sessions, guided by Greenwich Mean Time, Moscow time and New York time in the table.

Now, let's look at the work schedule of each of the Forex exchanges, and also learn about their features.

Opening hours of the European Forex exchanges

The opening hours of European exchanges are, by and large, the working period of the European session. It is during this period that the largest number of opening and closing transactions in the currency market occurs.

And also the capital of Great Britain, today it is the largest financial center, in which a huge number of the world's largest investors are concentrated. According to GMT, the work of European stock exchanges starts at 7:00, and if Moscow time, from 10 am. The main bidders here are the players of the German, French and English Forex exchanges located in the largest European financial centers:

• Paris,
• Luxembourg,
• Zurich,
• frankfurt,
• London.

The opening hours of these Forex exchanges ends at half past seven in the evening Moscow time. During the opening hours of European Forex exchanges, the peak of activity is approximately at 11 am Moscow time, just at this time players are connected to the trading process. At the same time, the Forex market as a whole is experiencing the greatest volatility, since during this period the world's largest financial groups the largest volumes of operations with foreign exchange funds are carried out.

Such activity is observed until approximately 13:00 Moscow time. It is during this period that brokerages carry out the main transactions before leaving for a lunch break. Further activity decreases slightly, but in the evening it increases again.

Since a fairly large amount of money has been collected in European countries, there is a significant fluctuation in rates during the opening hours of Forex exchanges located in Europe. And here, during the work of European Forex exchanges, Eurocurrency, Danish krone, English currency, Swiss franc, and some other currencies around the world are most actively traded.

Did you know this about the Komodo cryptocurrency?

Working hours of the American Forex exchanges

The schedule of the American exchanges is essentially the hours of activity of the American session. This trading session is represented by two trading sessions located in New York and Chicago. For these exchanges, the US dollar will be the underlying currency, so the release of important news regarding the United States affects all currency pairs. The working schedule of the American session, or rather the opening / closing hours of its exchanges - the New York one opens at 16:00 Moscow time, the Chicago one at 17:00 Moscow time.

But these stock exchanges close at 1:00 Moscow time, which is a very important factor.

In addition to the fact that during the active hours of the American session, rather aggressive hedge funds of America, the largest banks, all kinds of companies, firms and other institutions interested in the process of currency speculation are engaged in trading. And at the same time, there is an exit, and also European dealers who have returned from a lunch break join the trade.

Also, one should take into account the fact that the closure of European Forex exchanges takes place at 19:30 Moscow time, and American financial markets are still working, that is, at this time, traders from the United States remain alone on the market and, in the absence of liquidity, can move currencies in the way that is interesting for them.

In general, the working hours of the US Forex exchanges are considered the "hottest". Immediately with the opening of trading in New York, aggressive speculation is observed in large enough volumes and the market is saturated with liquidity. As mentioned above, the reason for this is the overlapping of the work time of two sessions (the European and American ones coincide), and of course the intersection of the time at which important messages and reports are released - in the USA, this is the morning hours in Moscow, and in Europe - after lunch.

During the work of the US Forex exchanges, the main currencies traded are: USD, GBP, JPY, CHF. Accordingly, the following quotes are most popular at this time:

• GBP/USD, EUR/USD,

Slightly less:

• EUR/CHF, USD/JPY, etc.

Opening hours of the Pacific Forex exchanges

Due to the fact that the hours of operation of the Pacific Forex exchanges are the quietest period in the foreign exchange market, many traders do not consider the Pacific trading session a session as such. Although, as mentioned above, such a session exists and its work schedule must also be taken into account in the process of trading on the stock exchange. The working hours of all Pacific stock exchanges are usually the calmest in the foreign exchange market.

A distinctive feature of the work of these Forex exchanges is the lowest volatility when compared with other exchanges.

Why is this happening? The reason is the work schedule of the Pacific Forex exchanges.

Pacific Forex exchanges begin their work at 00:00 Moscow time and end at 8:00 Moscow time. As you can see, at this time they have already closed, and the time for activity in the Asian session has not yet come. Only the New Zealand and Australian Forex exchanges remain on the market, so the market activity is greatly weakening. Most speculators prefer to rest during the opening hours of these exchanges, at least until the opening of the Asian session.

In general, trading during the work of the Pacific stock exchanges is recommended for novice speculators who do not yet have the necessary trading experience during the active period of Europe and America. Also, the opening hours of these Forex exchanges can be well used by those who trade with the help of advisors designed to work on flat trends.

Analysis of the working time of exchange sessions by watch service — 24h Stocktime

Asian Forex Exchange Hours

During the periods of operation of Asian exchanges, you can get quite good income, the main thing is to know which assets to use and choose the right one. In general, the work schedule of the Asian Forex exchanges is the hours of activity of the Asian session. Here, trading is carried out on the financial markets of Tokyo and, of course, Hong Kong and Singapore. The Asian Forex exchanges start in Tokyo at 3:00 Moscow time. Next, the sites of Hong Kong and Singapore open. Trading on these exchanges ends at 12:00 Moscow time. Very often, the Asian trading session is combined with the Pacific, it all depends on the broker chosen by the trader.

The peculiarity of Asian Forex exchanges is that they work in the morning, which is used by many speculators who have chosen trading strategies associated with gaps.

Throughout the rest of the week (except Monday) the work of the Asian Forex exchanges is less active. The beginning of movements on these exchanges is observed at approximately 8:00 Moscow time, when the main financial centers concentrated in Europe enter the market.

The peak of trading processes, during the operation of Asian Forex exchanges, their players reach around 11:00 - 12:00 Moscow time when preliminary analyzes of the price movement have already been made and deals are being actively concluded.

Forex exchanges working hours - what should you pay attention to when trading?

Having studied the opening hours of Forex exchanges, you most likely noticed that there are periods of time when trading is carried out in two sessions at the same time. It is at this time of market work that the highest activity in trading assets can be observed. It should also be clear that during the work of any, even the calmest Pacific session, it is necessary to follow all the rules regarding risk management.

As practice shows, even when making good profits during the opening hours of the European Forex exchanges or the American trading session, making rash decisions during the activity of the Pacific region session led to the loss of a significant share of the deposit.

Exchange opening hours on New Year's holidays. When to take a holiday?

And in conclusion, we want to note one more nuance. Although there is still some time before the New Year, many people are already interested in the question of how exchanges work in new year holidays?

When is it necessary to stop trading and turn off trading robots?

We note right away that in the USA and in a number of other Catholic countries the main holiday is not New Year, and Christmas, celebrated on December 25. Majority investment funds, banks and other market participants close their positions after December 20th and in general the activity in the market falls.

Well, the most accurate time of work of Forex exchanges and rest on New Year's holidays should be sent to you by the brokerage company, of which you are a client.

Good afternoon, dear readers. Welcome, as usual, the author of the blog, Ruslan Miftakhov. In this article I want to draw your attention to a rather important, in my opinion, moment in stock trading- this is the time of the trading sessions.

It is not a secret for "experienced" traders that the opening of the stock exchange, especially on Monday, is often accompanied by an abrupt movement and many traders lose money on this.

What is an exchange session and why does a trader need this knowledge?

Do you know, dear friend, that stock exchange turnover does not stop for a second? Yes, around the clock, all five days of the week trading is raging on financial markets.

Trading platforms alternately replace each other, according to their location, and each of them has its own specific opening hours.

The concept of "session" implies a certain period during which trading takes place on financial markets. The change of trading periods is accompanied - this is the time interval during which the acceptance and execution of transactions is terminated for the recalculation of transactions.

It is very important for a trading trader to keep track of the end and start time of market trading in order to leave the market in time or add the number of orders for transactions.

Main exchange sessions

Exchange activity is divided into four time periods:

• Asian Exchange

The working week of the main financial sectors (Forex, commodity and stock) begins with the opening of the land of the "rising sun" of the Asian (Tokyo) trading period.

Conducting trading on the Asian Exchange from 3.00 (Moscow time) to 11.00, and in the winter hour from 4.00 - 12.00 (Moscow time). Despite the fact that every trading day begins with the opening of this sector, the trading period is calm.

The main instruments of the Asian market are currency quotes with the Japanese yen (usd/jpy or eur/jpy), Singaporean and Hong Kong dollars (usd/sgd or chf/hkd), Asian stocks and Japanese stock indices. The main "influencer" of the Japanese market is the Japanese Central Bank.

For a trader, work on the Asian period is most often due to narrow price fluctuations: trading in a flat or in a certain price channel.

"Gaps" are rare, but when they are, they are most often formed on the publications of central banks or financial statements. You can avoid such "surprises" if you follow the fundamental analysis.

• European exchange session

Trading in the European sector can be called the most active financial platform, because the main financial institutions world and major exchanges.

Conducting operations in the European sector starts from 8 to 16.00, in winter from 10 to 18.00. The European (or London) stock exchange is quite active from the beginning of the opening of trading until the complete closure.

The most large-scale movements are being made on the European time frame, the main fundamental indicators are coming out, strongly influencing the market movement.

The duration of work on this site can be both profitable and the most dangerous for a trader. In the Forex market, maximum activity is reached currency pairs with GBP and EUR quotes, DAX, CAC40 and other indices on stock markets, shares of European companies.

Working on the European markets, traders usually use intraday strategies based on no-rollback movements and volatile instruments.

• American trading exchange

This session partially coincides with the end of the European market, when world trading is most active. Trading hours are approximately from 16:00 to 23:00, in winter from 17:00 to 01:00.

This session "has" the second name New York, since the main financial platform is located in New York.

The coincidence of the time of two large financial monopolies (American and European) provides for "tough" battles of the largest financial poles. Using the absence of Europeans, Americans often try to "move" their currency forward, which explains the sharp movements.

When trading on America, the most volatile are currency quotes with USD, shares of leading American companies Microsoft, Verizon, etc., Nasdag, S&P 500 indices.

The American market assumes trend strategies, where there is a “power reserve”. And in case of a strong movement, you can raise your deposit.

• Pacific Exchange

The most sustained period for making money on financial markets is the Pacific "platform", because only Australians and New Zealanders participate in trading. The trading time of this session is from 21.00 to 05.00.

Active in this period of time are currencies with numerators of the Australian and New Zealand currencies, shares of Pacific sector enterprises, Nifty, CNX indices.

Given that this sector is based on the extraction of precious metals, this trading period is characterized by the activity of the price segment of non-ferrous metals.

Price fluctuations financial assets The Pacific segment is based on price movements in narrow flat channels, so stock traders use more channel strategies.

The official days off of the main trading sectors are Saturday and Sunday. In addition, world trades stop their work on some national and religious holidays.

For a trader who makes money on the Moscow Currency Exchange, it is worth paying attention to the range of operation of the following trading floors: MICEX and RTS open at 10 am Moscow time and close at 18.45. At the same time, the session continues its work until 23.50.

The Moscow Exchange, unlike the main exchange platforms, provides for two clearings: in the afternoon from 14.00 to 14.03 and in the evening from 18.45 - 19.00.

Well, in conclusion, friends, remember that the trading rules and recommendations for all traders are the same, only exceptions are different - this is the basis for profitable trading. Profits to you and a "bullish" trend in life.

My long-term experience of exchange practice is at your service. Subscribe to blog updates, write comments and share the article on social networks.

Sincerely, Ruslan Miftakhov

"Time is money. As the saying goes, when you see money, don't waste time. Strike iron without leaving the cash register! - said the chief in the "Diamond Hand".

It turns out that the notorious phrase from the popular film perfectly describes the value of time in the work of world exchanges.

Indeed, along with the change of time zones, money literally rotates around the Earth: at any given time, somewhere people are sleeping sweetly, and somewhere active trade is seething. And there is no such moment when at least some exchanges do not work. And then do not yawn!

Therefore, we read about the opening and closing times of various exchanges in Moscow time and do not lose our money.

Exchange opening times (Moscow time) and Forex trading times

Forex trading is conducted around the clock, excluding weekends and some holidays, but there are several time periods that you need to pay attention to - this is the opening of Forex exchanges. It is necessary to know the time of trading or work on Forex, because at the time of the opening of the trading platform on the market (session) most often occurs sudden jump the currency of that country.

This is followed very closely by all traders, since intraday movements are born at these minutes, which most often give the direction of the trend.

There are 4 trading sessions - Asian, European, American and Pacific (Australian). Each of these exchanges opens and closes in such a way that they only overlap for an hour or two, and generally allow round-the-clock trading.

Exchange opening and closing schedule (trading session time) Moscow time

It should be noted that the time in the table is given in Moscow and world time - GMT (Greenwich Mean Time). If you want to know the opening time of exchanges in another region, you need to add the required deviation by hours to the GMT time. The second thing we need to know is when the markets open on Monday, after the weekend, and when they close on Friday.

So, the beginning of Forex trading, as well as the opening time of exchanges, takes place on Monday, at 00:00 broker time - not Moscow time, not GMT, but directly at the terminal time. Exchanges close for the weekend on Friday at 24:00 broker time.

Brokers have different times, and they may close/open at different times. This must be taken into account when trading advisors. Some brokers, such as Alpari, stop and start trading in 5 minutes. before the specified time.

Opening hours of the Moscow Exchange and the opening of trading in the ruble

The Moscow Exchange opens at 10:00 and closes at 15:00 Moscow time. This is the operating time of the Moscow Exchange with various instruments. This is about the work of the exchange itself. As for the ruble trading on Forex, the ruble trading time on Forex takes place from 10:00 to 21:00 Moscow time.

Please note that the most active on the market at the moment is the currency whose trading session is open. Trading is aggressive on all exchanges, except for the Australian one, at this time traders most often use scalping strategies, as low volatility makes it possible to trade calmly.

Asian trading session

The Asian session opens at 3 am Moscow time and often sets the direction of the daily trend. The session closes at 12 noon. The center of trade is Tokyo, concurrently the financial capital of Asia. During the beginning of trade in Asia, all banks, financial institutions and other institutions are opened.

The Japanese yen is one of the three most traded currencies on forex and accounts for more than 20% of the currency turnover. The following is a list of currency pairs that are traded during the Asian session - USD/JPY, AUD/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY, AUD/JPY, EUR/CHF.

The most active bidders are the euro / dollar / pound / New Zealand dollar against the Japanese yen. Usually this session is calm with little volatility.

This is often explained by the fact that Americans and Europeans are already resting after their hard day at work. The exceptions are important news, which usually come out around 3 am GMT (7 am Moscow time). This is where you need to be careful, the movements are often strong and long. If you use the intraday strategy and left an open position overnight, you need to check the forex calendar and set stops.

European trading session

The European session is the most active of all. This is due to the fact that it overlaps with the Asian and American sessions. In addition, the largest financial funds and banks are localized in the UK. More than 30% of all transactions fall at this time. The opening of the exchanges takes place at 8 am GMT in London (11:00 Moscow time), closing at 17:00 (20:00 Moscow time).

The most active part of trading falls on the first part of the trading session. Brokers make major deals before their lunch break. Then, according to the classics of the genre, there is a calm part, and closer to the close, strong jumps again occur - the opening of the American session.

All major currencies are traded - yen, dollar, euro, pound, franc. But the European session also accounts for the largest amount of news. Trading is very active at the moment, intraday trend strategies are used, and news trading is also actively used.

But keep in mind that at the end of the trading time, the trend may change direction, as the bulk of traders begin to take profits and withdraw money from the market. Yes, and the Americans can add fuel to the fire by throwing out some news.

American trading session

The opening of the American session takes place at 13:00 GMT (16:00 Moscow time). But the opening of the exchange overlaps with the European one for several hours. And this is quite a hot time for trading, as the Americans have a large amount of funds and can actively move the market with them. Closing takes place at one in the morning in Moscow. Since most currency pairs have a dollar in them, trading is carried out on almost all pairs.

America also has a large number of large banks and speculators. Tipping points and strong trend reversals are possible.

News usually comes out in the first half of a trading session and is especially strong. This time falls on 17-19 hours Moscow time. At this time, trading in US stocks takes place. Everyone is trying to sell or buy these papers. Then there is a lull, and it is possible to last until the end of trading.

If it happens on Friday, the Americans take profits completely and almost never leave open positions over the weekend. So on the last day of the week in the evening it is better to fix, as on Monday morning trading may open with a gap.

Source: "finpamm.ru"

What time of day is best to make money on Forex

All financial markets are tied to the working days of the exchanges, on which, in fact, the purchase and sale of certain assets takes place. Such markets operate, like many businesses and institutions, on a five-day work week. That is, from Monday to Friday, with two days off - Saturday and Sunday.

The currency market we are considering is no exception. In fact, the Forex opening on Monday occurs early in the morning, an hour or two after midnight, and the Forex closing on Friday occurs along with the last American trading floors, when we already have the beginning of Saturday on the clock.

In order to trade successfully, you should know when trading takes place exactly in the session when you are going to earn. Naturally, each trading session has its own characteristics, which we will try to highlight. There are three main trading sessions: Asia-Pacific, European and American. Let's consider them in more detail.

Asia-Pacific trading session - when does the Forex market open

The beginning of trading on Monday gives the stock exchange in Wellington, New Zealand. This happens in the summer at 2 am Moscow time or Sunday at 22.00 world time - Greenwich Meridian Time (GMT), which is often used as the default time for financial markets. An hour later, the exchange in Sydney joins, after another 2-4 hours Tokyo, Hong Kong and Singapore are actively involved in trading.

The course of trading during these hours is not the most active. But there are exceptions, in the form of the release of important news in Japan. The active players during this session are Australia, Japan and China. Based on this, currency pairs containing the yen, the Australian and New Zealand dollars demonstrate the greatest volatility.

When China enters the trade, you need to watch this period very carefully. If at this time the euro/dollar pair is actively growing in price, it is highly likely that this growth will continue, at least until the start of the American session.

The reason for this is the fact that China is the world's largest holder of US currency, with the exception of the US. And if he starts to get rid of it in favor of the euro, then this leaves an imprint on the entire trading day.

Opening time of Forex trading in Europe and features of trading in this session

At 8.00 Moscow time, the exchanges in Frankfurt, Paris and Zurich begin their work, an hour later one of the largest world exchanges, the London one, joins them. Often during this session, trading is animated and currency pairs with the euro, British pound and Swiss franc are actively traded. The trader should pay special attention to the release of important news in the Eurozone, and especially in the UK.

This news can arrange a real "rally" in the currency market. They leave at about 13-14 hours MSK.

The European trading session is usually characterized by a change in the Asian trend, which often continues the trend set by America. Also, this session is characterized by an increase in the price of the euro. Of course, this is true in the absence or in the case of positive news on the Eurozone.

However, if you trade pairs with the British pound, then you should wait for the news on the UK, if any, come out today. Price jumps are sometimes up to 100-150 points per session, so you need to be careful.

The most activity in this session is observed in the first 3-4 hours after the opening, after which the decline in trading activity begins, which coincides with the lunch break on these exchanges. Activity on the site returns with the entry into the game of the North American exchanges.

What time does the Forex market open in North America

From 16.00 Moscow time trading opens in Toronto and New York, and an hour later in Chicago. The North American trading session is considered the most aggressive and the most volatile. Many traders, regardless of where they live, trade only on it and at the same time make good money. Most often, there is a lot of activity in the euro/dollar, pound/dollar, dollar/Swiss franc and Canadian dollar pairs.

Important economic news usually comes out at 16.30, after which trading in the market is rapidly activated. Such active trading is observed for about 4 hours, after which there is a decline. This is due to the fact that the American exchanges are closed for a break, and the brokers go to lunch, and the European exchanges are finishing their working day by this time.

After 20.00 Moscow time, only American exchanges remain open on the entire foreign exchange market. Given that the market is quite thin at this point, they can dramatically change the exchange rate of any pair if a large investor enters the market. Although, most often, trading during these hours is relatively calm.

The exceptions are the days when the Fed meets and announces its decisions at 22.15 MSK. This factor can cause sharp fluctuations in the market. closure financial market takes place along with the closing of the Chicago Stock Exchange at 1.00 Moscow time (in fact, already on Saturday). There is no trading on weekends, and the Forex market is closed again until Monday, before the opening of the Wellington exchange.

Knowledge of the opening hours of the different sessions of the world foreign exchange market can help a trader not only decide on the time that needs to be devoted to analyzing the market situation and trading, but also to understand what currency instruments are best to work with at one time or another of the day.

Source: "pasprofit.ru"

Schedule of trading sessions

Forex market hours are 24/7 from Sunday-Monday night to Friday-Saturday night. The working hours of brokers may vary slightly from each other.

For the rational distribution of their efforts and the maximum effective use time and opportunities that the FOREX international currency market provides, you need to clearly understand the mechanism of its work, as well as know when and where you can expect the beginning of its movement, the time of trading sessions, a decrease in activity, and even lunch breaks on the world's leading exchanges.

You need to pay attention to the release time of the main economic indicators leading countries, such important events as speeches by VIPs of the financial market, such as, for example, Alan Greenspice, the former head of the Fed; Ben Bernanke, current Governor of the US Federal Reserve; the heads of the Central Banks of leading countries and other financial news-makers.

However, one should not pay excessive attention to this, and think that, having learned some news (unless, of course, this news is of some catastrophic or global nature, such as the outbreak of war, the September 11 terrorist attack, etc. ), you can get ahead of the market and quickly make the right bets.

No matter how perfect software and access to news streams you have, it is doubtful that even through the Internet you can have faster and more reliable information than that which the major players in the Forex market have.

And even more so, it is unlikely that you are able to have insider information. Therefore, any news that you learned through the Internet, the market probably already knows. Therefore, your task remains the same: follow the market, and not try to get ahead of it. Moreover, it often happens that the market's assessment of some news is both belated and inadequate, and directly opposite to what one would expect.

Nevertheless, knowing the reasons why the market moves, and even more so, being prepared for the fact that the market can start moving on certain days and hours, is undoubtedly necessary and useful. After all, no normal person is able to "be on the alert" 24 hours a day, especially five days a week, when Forex works and gives us the opportunity to earn.

In all time zones, in any of the world's major trading centers (London, Frankfurt, New York, Tokyo, Hong Kong, Sydney, etc.) there are dealers ready to immediately give you the opportunity to enter the market. The daily turnover of the Forex market is from 1 to 3 trillion dollars a day, while providing almost unlimited liquidity.

Due to the huge daily turnover and constant 100% purchasing power, the Forex market cannot be compared with any other market in the world in terms of reliability, dynamism, earning potential and excitement. The working day of foreign exchange dealers of Western commercial banks usually starts at 7.30 am local time.

At 8.00 dealers are already actively making deals. The morning half an hour is usually devoted to a brief analysis of the events that have taken place in the world currency markets by the time work began. Dealers use economic and technical analysis of market behavior, read analytical articles in the press, exchange points of view, as well as fresh rumors with each other and with dealers of other commercial banks.

Based on a variety of data, a picture of the possible behavior of the exchange rate for the coming day is gradually emerging with different variants of the probability of certain events. By eight o'clock in the morning, the market, consisting of individual dealers, develops tactics of behavior as a whole and begins to be included in the operations of the world currency market, giving a new energetic impetus to the movement of the exchange rate.

Far East

Here the most active deals are made in the market of conversion operations of the dollar against the Japanese yen, the dollar against the euro, the euro against the yen and the dollar against the Australian dollar. Currency fluctuations at this time are often minor, but there are days when currencies, especially the dollar against the yen, make dizzying flights.

As a rule, these are the days when central bank Japan conducts foreign exchange intervention. In Moscow at this time, night and morning: until noon in Moscow you can work with Tokyo, until lunch with Singapore.

Western Europe

At 7.00 GMT (10.00 Moscow time) the market opens in the European financial centers of Zurich, Frankfurt, Paris, Luxembourg. However, the really strong movement of the dollar exchange rate against major currencies begins after 11.00 Moscow time, when the London market opens.

This usually goes on for two to three hours, after which European bank dealers head out for lunch and market activity slows down slightly.

North America

The situation sharply revives again with the market opening in New York at 13:00 GMT (16:00 MSK), when dealers of American banks start their morning work, and European dealers also return from lunch. Currency dealers are looking forward to the opening of the New York market in order to receive fresh data on the possible movement of the rate (especially if the European market was sluggish).

After the closing of the European market (at about 17.00 GMT 20-00 MSK), aggressive American banks, left alone in the "thin" market, can lead to a sharp change in the dollar exchange rate against other currencies.

The American and Asian sessions are the most aggressive, and the largest volume of transactions falls on the European session. The New Zealand and Australian sessions are considered the calmest.

To work on Japanese yen the most typical active period is from 3-00 to 10-00 (Moscow time everywhere). For European currencies, there are two periods of activity: from 11:00 to 15:00, and then - with the opening of the American session - from 16:00 to 20:00, less often - until 22:00.

Be extremely careful and don't fall for the provocations of the market on Mondays: according to statistics, it is on these days that the activity of non-professional market participants is high, who are trying to catch up, as it seems to them, for a respite of the weekend.

If you play on intraday charts, do not risk leaving open bets on weekends, and even more so, on holidays, because very often after the weekend, if something happened during this time, the market can open at a completely different price, “with a gap”, and a stop loss will not save you, as the broker will close your trade at the opening price, which can “eat” your deposit.

During periods when most of the major market participants wind down and leave the market, one may encounter the phenomenon when the remaining players use this “thin market” situation to swing it and short-term speculation that they would never be able to carry out during periods of activity of other participants. — there simply would not be enough resources.

No need to be surprised when, for example, two or three hours before closing before Easter, the market suddenly suddenly, for no apparent reason, rushes into transcendental distances. As soon as the big players come to the market after the holidays, the balance will be restored. But someone will put in his pocket a few pre-holiday hundreds of millions of dollars.

If you, understanding what is happening, join this holiday of good luck, and stop in time, you can only be congratulated.

However, if you believe in this feint in the last 15 minutes before the close, and leave the bet in the hope that "the market just didn't have time to go further because of the holidays", it is very likely that after the holidays your account will be much lighter. Of course, this is just one example of how important it is to understand what is happening in the market.

Time Zones

Time zones are counted from the zero meridian passing through Greenwich (a suburb of London). Time is called world time or GMT. Depending on the season (summer or winter), the time in various financial centers of the globe will differ from the GMT world time by a different number of hours.

Source: "optima-finance.ru"

Exchange opening hours

The Forex market is open around the clock, from midnight Sunday-Monday to midnight Friday-Saturday. The work schedule of brokers may vary slightly from each other.

For the rational distribution of one's forces and the effective use of time and opportunities that the FOREX international currency market provides, one must understand the mechanism of its work. You need to know when and where you can expect the beginning of price movement and a decrease in activity, the time of trading sessions.

It is necessary to pay attention to the release time of the main economic indicators of the leading countries, to the speeches of financial market VIPs: Alan Greenspice (former head of the Fed), Ben Bernanke (the current governor of the US Federal Reserve), the heads of the central banks of the leading countries.

But you should not think that, having learned some news (unless, of course, this news is of some catastrophic or global nature, such as the outbreak of war, the September 11 terrorist attack, etc.), you can outperform the market and quickly make the right bets.

No matter how perfect the software and access to news feeds you have, it is unlikely that you can have faster and more reliable information than that which is possessed by the major Forex market players. And even more so, it is unlikely that you can have insider information.

Conclusion: any news that you learned through the Internet, the market probably already knows. Therefore: Your task is to follow the market, not try to get ahead of it.

But nevertheless, to know the reasons why the market moves, and to be prepared for the fact that the market can start moving on certain days and hours, is undoubtedly necessary.

The Forex market has a daily turnover of 1 to 3 trillion dollars, while providing almost unlimited liquidity. Due to the huge daily turnover and constant 100% purchasing power, the Forex market cannot be compared with any other market in the world in terms of reliability, dynamism, earning potential and excitement.

The working day of foreign exchange dealers of Western commercial banks usually starts at 7-30 am local time. At 8-00 dealers are already actively making deals. The morning half an hour is usually devoted to analyzing the events that have taken place in the world currency markets by the time work began.

Dealers use economic and technical analysis of market behavior, read analytical articles in the press, exchange points of view, as well as fresh rumors with each other and with dealers of other commercial banks. Based on a variety of data, a picture of the possible behavior of the exchange rate for the coming day is gradually emerging with different variants of the probability of certain events.

By eight o'clock in the morning, the market, consisting of individual dealers, develops tactics of behavior as a whole and begins to be included in the operations of the world currency market, giving a new energetic impetus to the movement of the exchange rate.

Strategically important trading moments per day

Different territorial markets can be given the following characteristics of work during the day (hereinafter, the time is indicated in GMT):

• Sunday 20:00 - start of trading (in European DCs - post-Friday rollback, it is better to be at the terminal).
• 20:00 - the beginning of the trading session in Wellington, nothing special happens, trading is sluggish.
• 22:00 - Sydney opens, trading is slowly gaining momentum before the opening of Tokyo (before Tokyo, feel free to place two rates in different directions with TP of 5 - 10 points).
• 24:00 — the beginning of trading in Tokyo, trading is gaining momentum, it is worth considering the fact that there are corporate relations between Asian investors, they act smoothly and clearly, if they go in the same direction, then all at once.
• 01:00 - opening of Singapore, the dynamics is growing due to the approaching opening of 2 giant exchanges - in Shanghai and Hong Kong, before the Chinese session, the euro usually decreases until the opening of Shanghai and Hong Kong.
• At 01:00 - 01:30 before Chinese trading, most often the euro goes down, but there are exceptions, so be careful.
• At 01:30 - the beginning of trading in Shanghai and Hong Kong, large-scale trading usually begins, the entire Asia-Pacific region trades.
• From 01:30 to 02:30 - the euro usually goes up within an hour.
• From 02:30 to 06:00 - transactions can be multidirectional on EURUSD, because Asian exporters convert part of their profits into both dollars and euros.
• At 06:00 - Tokyo closes, if the Euro has been actively falling up to this point, then after Tokyo closes, the Chinese are driving the Euro up.
• From 06:00 to 07:00 - "Chinese hour" in the market, the Chinese and Singapore do what they want. At this time, the Euro usually rises.

  Asia is a huge commercial and industrial region, an abundance of high-quality and inexpensive goods, gigantic finances in circulation; Accordingly, there are a lot of bets on the exchanges. Therefore, bets made at the London open should be monitored after exiting Asia trading.

• 08:00 - London opening and European exchanges, according to observations, more often Euro sales prevail in the first hours.
• At 09:00 - the closing of Singapore and the end of the Asian session: immediately or within an hour there is a breakthrough in the Euro, a trend change (as a rule) until 11:30.
• At 09:00 - the jump of the Euro immediately or a little late, no one bothers the Europeans, usually the Asian stops go astray.
• From 10:00 to 10:30 - there is often a trend change in the European session.
• From 11:00 to 13:00 - the completion of trading turnovers on oil trading floors: Dubai, Qatar, the Emirates, etc. Most likely, they also do not need dollars, because oil is traded for dollars, so the euro usually grows.

  It is impossible not to note the last hours of the Middle East exchanges. This is an oil region, the exchanges do not work here for long, but in large volumes, there are plenty of dollars, so we can assume that it makes no sense for them to buy dollars.

• From 14:00 to 14:30 is the time to close all dubious positions before the upcoming American “lawlessness”, or block losses. The euro usually goes down ahead of America.
• From 14:00 to 14:30 - Planned confusion and excitement before the opening of 3 major exchanges New York, Toronto and Chicago. It's time to secure positions.
• 14:30 - the beginning of trading on the stock exchanges of America and Canada, in addition, Europe is still in trade. At this time, large-scale trading begins, it is very difficult to predict anything, sheer pure speculation, trends are formed at lightning speed.
• At 2:30 pm, the Americans start squashing and goggling everyone! It is unrealistic to predict the direction of the trend, however, by the time London, Zurich and Frankfurt close, the formed trend often reverses.
• At 16:30, the European session closes and often the trend for the Euro changes dramatically.
• From 20:00 to 21:00 - the last hour of the American session, the existing trend often resumes until 21:00 - 21:30. The first and last hour of work of almost any exchange is the time of maximum activity of clients with huge money and very large funds.

  This does not mean that they are idle the whole session, they analyze the situation. But transactions are made mainly during the specified hours, which makes it possible to predict price movements at the opening and closing of large exchanges.

• Make bets before the opening of exchanges (1-2 minutes). In the first hours of the night, EUR/USD often rolls back down almost to the opening of TOKYO, as a rule, if the price went up to 21-22.
• On Friday, there is a massive knocking down of stops. On Friday at 21:00 trading stops.

A few words about China

The structure of Chinese exports is as follows: most of the goods are paid for in dollars, so we can assume that China does not need to buy dollars, they already have plenty of them. Therefore, most often in the Chinese session, the growth of EUR/USD.

China is one of the countries with the largest gold and foreign exchange reserves, so one hint that China will sell part of the dollars is enough to panic and the euro rises.

In addition, China is the largest creditor to the United States. Apparently, while China is getting rid of the dollar, it is at a loss. Threats regarding the diversification of foreign exchange reserves are most often of a speculative nature. Follow the Chinese, their speeches and actions. If the Chinese are actively buying dollars, the whole day will be uncertain. If you buy the euro, everything is predictable.

Important time points

If you use the intraday trading technique, it is advisable to be at the terminal in following points time: 23:55; 01:25; 05:55; 06:00-08:00; 07:55; 08:55; 09:00-11:00; 10:55; 11:00-13:00; 12:45; 14:25; 16:30-17.00; 18:55; 19:55; 21:00.

1. 14:25 - 14:29 - before the opening of American sites, feel free to place 2 bets in both directions with a TP of 10 points (minimum) and 2 more bets in both directions in order to take 150-180 points of profit in one direction. The second bet with a small TP will be waiting for a return or close on a pullback with a minus. Naturally, there should be a positive difference between the two orders.

   Do this if you don't know the direction. If the chart is at the lower boundary of the corridor, indicated by the extreme values ​​of support and resistance, then - buy, if at the top - sell. In the middle - a bet in different directions with a TR of 10 points or more, depending on your desire to take risks.

2. Close negative deals with an iron hand, there can be no talk of any greed, be content with little and little. Get rich slowly and little by little.
3. It should be borne in mind that exchanges are not very loyal to investors. Given this fact, it is necessary to learn a strict rule: all news regarding events on the stock exchanges is 90% disinformation, and no one knows how to find 10% of the truth! A consortium of world banks, very skillfully conducts business and does not catch Stop Losses. You can never tell what event and how the market will react.
4. On Wednesday and Friday, do not work with large lots. There are very strong jumps in both directions. More precisely, never work with a large lot with leverage. There will be 2-3 million in turnover in a few years, you will work in large lots and without leverage, but as long as there is leverage, there is a serious risk of a quick loss of the deposit. You can lose money in just a few minutes.
5. If it is not possible to look after trading terminal, make only small bets, or don't make any at all.
6. Trading is a hunt for money. But a good hunter sits patiently in ambush and shoots only at close range and for sure. Never trade tired! You can simply fall asleep while trading or stupidly make mistakes.
7. The maximum drawdown directly depends on the traded lot:
   • when trading with a lot of 0.1, the price must go by 20 figures (2000 points) to completely drain the deposit;
   • with a lot of 0.5, it will be enough to drain 4 figures (400 points);
   • in any case, the deviation of the price from your rate by 200 points indicates an error in determining the trend, but with a small volume of rates, the loss is not significant and will not lead to a drain on the deposit.
8. Be especially careful about all sorts of new indicators and trading robots; you can experiment on a demo account or with small amounts; on a real account with serious money, it is better to beware.
9. The surest way to make money on forex is a gradual increase in the deposit, in small lots, without losses, without drawdowns. Note that Karl Marx recommended increasing capital in small doses!
10. Absolutely always use the safe lot rule: divide the deposit by 20,000, and what happens as a result is the law for execution, including when opening deals in both directions. When opening in both directions: “Buy” is set lower than “Sell” by 6-10 points, while using a pending order. Wherever the price goes, the deal is always in the black.
11. Use the data on the Mood Indicator page. If the majority sell, then wait for the reverse movement of the course and vice versa. If the positions are equal, then open 2 bets in opposite directions with a small take profit.
12. Increase lots only from what you earn, try not to replenish the deposit. This is due to the fact that it is psychologically impossible to immediately adjust to amounts that are many times more than usual.
13. Trends are always weekly, with the exception of 5, maximum 10 percent of the total: that is, if there is an uptrend, then for the whole week, etc. Do not go against the trend, the market cannot be deceived, it is better to be on friendly terms with it.
14. Most often, the rate turns to a level where a greater number of stop losses will be collected, then the rate again returns to its theoretical value, make friends with technical analysis, look for levels where the price will definitely return. As a rule, these are highs or lows laid down at the regional session, at the next session the rate may return with a difference of 10–15 points (-), or 40–45 points (+).
15. Except technical analysis There is also fundamental analysis. Remember this. Even if everything is fine on the charts, and everything goes according to your forecast, follow the news: if something happened somewhere, there will be jerks and gaps on the charts.
16. Time zones are counted from the zero meridian passing through Greenwich (a suburb of London). Time is called Grinvich Meridian Time (GMT) or world time. Depending on the season, the time in various financial centers will differ from GMT by a certain number of hours.

Source: "jobmm.ru"

Stock exchange opening hours

The stock exchange is non-profit organization responsible for ensuring the normal circulation valuable papers and their market value. For a better understanding of the entire economic situation in the world and a quick response to market changes, you need to view the movement of stock exchange quotes. To do this, the trader needs to know the working hours of the stock exchange.

I would like to note that Russian Federation used to switch clocks to summer time, but after 2011 this procedure was canceled. The cancellation of such an action at one time took place in China and Japan. But Europe and the United States in the fall translate the clock hands to winter time, that is, back. So, when viewing the time of trading sessions, you need to subtract an hour ago Moscow time.

In the spring, European countries like Germany, France, Great Britain and others switch their clocks to the summer period, and then, the stock exchanges work time coincides with the Moscow sessions.

Opening hours of the largest stock exchanges in the world

• Chicago Mercantile Exchange (CME). The trading session runs from 18:00 to 02:00;
• New York Mercantile Exchange (NYMEX). Works from 16:20 to 22:30;
• New York Metal Exchange (COMEX). Open from 15:50 to 21:30;
• Intercontinental Exchange (ICE). Works from 16:00 to 23:00;
• Consortium of European Exchanges (EURONEXT). Open from 11:00 to 19:30;
• London International Financial Futures Exchange (LIFFE). Open from 04:00 to 00:00;
• European Derivatives Exchange (EUREX). Works from 10:00 to 00:00;
• Russian trading systems (RTS and RTS). Conducts a session from 10:30 to 18:45;
• Moscow Interbank currency exchange(MICEX and MICEX). Open from 10:30 to 18:45;
• Tokyo Grain Exchange (TGE). Open from 3:00 to 10:45;
• New York Stock Exchange (NYSE). Works from 17:30 to 00:00;
• Electronic system stock trading (NASDAQ). Works from 17:30 to 00:00;
• American Stock Exchange (AMEX). Works from 17:30 to 00:00;
• London Stock Exchange (LSE). Conducts a trading session from 11:00 to 19:30;
• Frankfurt Stock Exchange (FWR). Works from 11:00 to 22:00;
• Tokyo Stock Exchange (TSE). Works from 3:00 to 9:00;
• Hong Kong Stock Exchange (HKSE). Open from 5:00 to 11:00;
• Milan Stock Exchange (MIB). Open from 11:00 to 19:30;
• Swiss Stock Exchange (SWX). Works from 11:00 to 19:30.

Each stock exchange is unique and has its own characteristics, in order to maximize the positive results from trading, it is necessary to take into account not only the working hours of stock exchanges, but also sometimes seemingly insignificant nuances.

Source: "gerchik.ru"

Working hours of exchanges in different countries of the world - schedule relative to Moscow time

In order to better understand the economic processes taking place in the world and respond in time to important changes, it is necessary to monitor the movement of world stock markets on a daily basis, and for this, a trader needs to know the working hours of stock exchanges in different countries of the world.

The working hours of the exchanges in winter and summer are structured in the tables below, the data is presented relative to Moscow time.

Exchange opening hours in winter

Previously, Russia annually switched to summer mode, moving the clock hands back one hour, but in the summer of 2011 this procedure was canceled. A similar situation is observed in Japan and China - these countries also do not change their clocks all year round.

Exchange hours during the summer

Autumn in Europe and the USA is marked by the transition to winter time (clocks are turned back) and, thus, the trading sessions of Germany, France, Great Britain and other European countries, as well as the USA, are held one hour later than the trading session in Russia, Moscow time.

In the spring, the same countries move the clocks forward, as a result of which the trading sessions of Europe and the United States overlap with Russian trading by an hour more.

US clock change schedule

In America, summer mode begins in March (second Sunday - an hour ahead), winter mode - in November (first Sunday - an hour ago).

Transition timetable in Europe

European countries also switch to the summer timetable in March (the last Sunday in March - one hour forward), and in October - to the winter timetable (the last Sunday in October - back one hour).

How the clock change is reflected in the Russian trading session

As a result, during the summer time, the American session overlaps with the Russian one for 1 hour and 15 minutes, so Russian traders have time to win back some of the overseas trading. The closing of trading in the US falls at 00:00 Moscow time, which coincides with the close of the Russian evening FORTS session.

During the winter time, the obvious disadvantages of canceling the clock change in Russia are:

1. The US trading session "superimposed" on the Russian one for only 15 minutes, resulting in the strongest volatility in the final 15 minutes. before closing (from 18:30 to 18:45).
2. Europe will open later, i.e. at 12:00, which means that there will be no additional movement drivers from 10:00 to 12:00 for the Russian Federation (as a result, the first two trading hours are marked by low volatility).
3. Significant US macro statistics will now be released at 19:00 Moscow time - this is the time the FORTS evening session starts after the main clearing. The result is increased activity in the first minutes of evening trading.
4. In winter, the American session closes at 01:00 Moscow time, and the FORTS market is traded until 00:00 Moscow time. As a result, the last trading hour will be ignored from the evening and won back in the form of a gap in the morning session.