WHEN TO LOOK FOR TRADES IN FOREX MARKET


FOREX is basically a continuous 24-hour open electronic trading session. So the market opens on Sunday 5pm EST through Friday 4pm EST. Rollover at 5pm EST.
Trading starts in New Zealand, followed by Australian, Asian, The Middle East
 Europe and America. The US and UK account for more than 50% of turnover. Major markets are:
London
New York
Tokyo
NB: Trading activity is heaviest when two markets overlaps. More so, nearly two-thirds of any activity occurs in the morning hours while European Markets are open.
To select a market and time for trading-
Ø New York Market trade times: 8am-4pm EST
Ø London Market trade times: 2am-12 Noon EST
Ø Great Britain Market trade times: 3am-11am EST
Ø Tokyo Market trade times:8pm-4am EST
Ø Australia Market trade times:7pm-3am EST

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