Trading Sessions in Forex | Trading Basics 🕰🌎

23 июл. 2022 г.

Hey traders,

In this post, we will discuss trading sessions in Forex.

Let's start with the definition:
Trading session is daytime trading hours in a certain location.
The opening and closing hours match with business hours.
For that reason, trading hours are varying in different countries because of contrasting timezones.

❗️Please, note that different markets may have different trading hours.
Also, some markets have pre-market and after-hours trading sessions.
In this post, we are discussing only forex trading hours.

The forex market opens on Sunday at 21:00 GMT
and closes on Friday at 21:00 pm GMT.

There are 4 main trading sessions in Forex:

🇦🇺 Australian (Sydney) Session Opens at 21:00 GMT and closes at 06:00 GMT
🇯🇵 Asian (Tokyo) Session Opens at 12:00 GMT and closes at 9:00 GMT.
🇬🇧 UK (London) Session Opens at 7:00 GMT and closes at 16:00 GMT.
🇺🇸 US (New York) Session Opens at 12:00 GMT and closes at 21:00 GMT.

Asian trading session is usually categorized by low trading volumes
while UK and US sessions are categorized by high trading volumes.

Personally, I trade the entire UK session and US opening and usually skip Australian and Asian sessions.

What trading sessions do you trade?

❤️If you have any questions, please, ask me in the comment section.
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