This time, forex markets are most interested because there are many currencies that can choosed and almost anytime they are open it. So, it’s generate an important question such as the most active forex trading hours and the major sessions for forex trading. The first of answer is the most active forex trading hours is among aout 08.00 GMT when London market opening and finish about at 22.00 GMT when market closure in the US.Beside that, there is a time that busiest in forex market for the London to US overlap between 13.00 GMT-16.00 GMT. It’s the hours are the most liquid or many the traders are making a trade. If you going to do day trading, these are the key hours.
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The second of answer is there are three main session in market forex everyday. They are the London session, the US session, the Asian session. Here, it will explain one by one.
The London Session
Begin about 8.00 GMT and wind down about 16.00 GMT. EUR, GBP and USD are the currencies that most active for these hours.
The US Session
begin about 13.00 GMT and wind down about 22.00 GMT. AUD, EUR, GBP, JPY and USD are the currencies that most active for these hours.
The Asian session
The Asian Session is calm session that the most plausible. But, it’s not a good time to trade because all pairs are moving slowly. JPY is the currency that has noteworthy activity and this activity is very slow except when happen the great of finance event.