The Forex market never sleeps. You can trade at all hours of the day or night – and that’s one of the reasons it’s such an exciting part of the financial services world.
However, within this 24-hour market, there are three main trading sessions. First, there’s the London session. This is followed by the American session, based in New York, and then the Asian session located in Tokyo.
The sessions change in line with the time zones from West to East. This works out as: London session 08:00-17:00 (GMT), US session 13:00-22:00 (GMT), Asian session 00:00-09:00 (GMT).
There’s an overlap period between the London session and the US session, and this is known as the most liquid period of the day.
It’s important to note that every geographic center exhibits its own unique traits and tendencies. It’s worth looking into these if you’re going to trade in lots of different markets.