Please adjust the timing GMT
The opening and closing dates of the foreign exchange market throughout the week GMT,
Sunday night starting at 21:00 GMT until Friday evening at 21:00 GMT
The market opens on Sunday at 21:00 and close at 00:00 (beginning with Monday)
The market opens on Monday 00:00 and ends 00:00 (with the start on Tuesday).
The market opens on Tuesday, 00:00 and ends 00:00 (with the start on Wednesday).
The market opens on Wednesday, 00:00 and ends 00:00 (the start of Thursday).
The market opens on Thursday, 00:00 and ends 00:00 (begins with the start on Friday).
The market opens on Friday 00:00 and ends 21:00 (on the same day "Friday").
Saturday: Forex market holiday.
But this does not mean that the market is active throughout the day because there are times where the slow movement of exchange rates or increase and you'll learn why later in this lesson is important.
And you should know that: at the beginning of the day is (reset) the highest number and lowest number has reached the price of each currency pair on the day to him (ie, High and Low) and announces the start of a new day and where are also discount or adding the interest on transactions traders account holders is free from interest and commissions and receive these benefits P rollover check.
Practical training to determine the beginning and end of the day on the currency chart:
1. Open MetaTrader.
2. Open the 1 minute chart.
3. Click on the (Ctrl) + character (Y) using the keyboard.
4. Will show intermittent vertical lines which represent the beginning of the first and the last day.
Important Note:
Dear trader, please do not forget to ask the brokerage firm that deals with the timing of the MetaTrader used to have because every brokerage firm offers timing, according to the headquarters of the brokerage firm, for example, that the company Jane Capital Forex Forums Branch Britain offers MetaTrader GMT The FX Branch Solutions America offers MetaTrader GMT America.
And I know always that the movement of exchange rates are affected under the working time of global stock markets especially the Sydney Futures Exchange, Tokyo, Frankfurt, London and New York, bottom line is possible to say that the Forex market works in times of global stock markets work.
Now, let us recognize the
Dates of the opening of global stock markets
The following pargraph shows the dates of opening and closing stock markets GMT and the table appears that these markets operate in a time span of 8 hours from the time of opening until closing time.
Trading headquarters:
Germany European market (meeting Berlin) opens at 06:00 AM closes at 02:00 PM
London Stock Exchange
Britain European market (the London) opens at 07:00 AM closes at 03:00 PM
New York Stock Exchange
America the American market (New York) opens at 12:00 PM close at 08:00 PM
Sydney Futures Exchange
Australia Australian market (meeting Australia) opens at 10:00 PM closes at 06:00 AM
Tokyo Stock Exchange
Japan Asian market (Tokyo session) opens at 11:00 PM closes at 07:00 AM
Do you want to find out when the global stock markets are opening your city? Please login site adapter and times Time Zone to the timing of your country.
Of the schedule previously could see that there are more than stock market open trading at the same time, and we believe that during those periods of time that converge in the work of stock they are more times with a high movement of foreign exchange rates up and down as they are more times the risk may bring rolling large profit hit by high losses, or if you did not realize the importance of these times during the buying and selling foreign currencies and we believe that the European period (during the London) are more periods of strong movement in currency rates up and down.
Why take advantage of these times?
Of course, every coin we want to buy or sell must be done in a timely manner and we mean it is better to buy or sell the euro at the time opened the European market, and buy or sell the dollar at the time of opening the U.S. market and the purchase or sale of the Japanese yen at the time of the opening of the Asian market. . To all the other currencies that move will happen in the price depending on the currency speculation in the stock market based on their country's special economic news or news in this country, states are relevant to them.
Please, no trading in the currency market closing hours
This is advice not to buy or sell any currency at a time where the stock of the country claiming the currency (closed), otherwise you may lose your position or at least will remain frozen in front of your transactions and involved in waiting for the coming of traders with the opening of the stock market, Do you want to trade on your own without the presence of traders else ?
The most dangerous and difficult trading times are GMT:
At 08:00 AM
The opening of the London Stock Exchange, after Germany, France, Belgium and the countries of the European market.
From 12:00 PM to 14:00 PM
Due to entry began to coincide with the New York Stock Exchange and London Stock Exchange, Germany.
From 16:00 PM to 17:00 PM
Due to movement of trades in the U.S. market.
Repeat.. beware if you want to engage in deals during these times.
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