Forex Market HoursForeign Exchange (Forex) is the world’s largest financial market. Forex market hours are 24 hours a day, 7 days a week, which means it technically never closes!
You can trade the Forex market for at least a few hours each day – no matter where you live or what your work hours are. It’s a fantastic, accessible market for everyone around the globe. For example, when I worked full-time in Sydney Australia, I would come home at about 6pm from work, open my charts, do some quick technical analysis and identify where my entry points would be for that evening, (if any). I would then go and prepare dinner, coming back periodically to check how the markets were going. Sometimes there would be a trading opportunity right at 6pm, as soon as I opened my charts. Other times I would need to wait several hours and wait and see if all my parameters were met before I entered a trade. There were MANY nights where I would wait for the right time, only to have the market back flip on me and prevent me from entering a trade. Those nights I would go to bed at around 11pm, disappointed but grateful that I had stuck to my trading rules and hadn’t entered a trade that I would ultimately lose on. While living on the West Coast the US for a short while, I traded first thing in the morning, at around 6am. This was because I could catch the tail-end of the Great British Pound (GBP) and European currencies before work, then I would come home in time for the Yen and the Aussie dollar in the evenings. So you’ll see no matter where you live, no matter which hemisphere, you can always make the time to trade for a few hours each day. There are times when the market is busier than others – busiest time of the day is when the larger European and Asian currency markets are open.
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