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  1. #1
    Rookie Member

    Cool Forex market hours !!!

    Hi Everyone,
    I'm getting confused regarding the market opening hours. So far I have used forexfactory to check the open/close times, but it doesn't make sense, it has London as being the same as GMT, and not considering DST and yes I have DST on
    \

    I need to know when the markets are open to trade binary/forex.

    The only 2 I am sure of is London open at 8 GMT and Frankfurt at 7 GMT

    When does London close? when does Frankfurt close? when does New York open and close? when does Tokyo open and close?

    Hope someone will be kind enough to enlighten me

  2. #2
    Senior Member grindtime's Avatar
    Quote Originally Posted by louisetano View Post
    Hi Everyone,
    I'm getting confused regarding the market opening hours. So far I have used forexfactory to check the open/close times, but it doesn't make sense, it has London as being the same as GMT, and not considering DST and yes I have DST on
    \

    I need to know when the markets are open to trade binary/forex.

    The only 2 I am sure of is London open at 8 GMT and Frankfurt at 7 GMT

    When does London close? when does Frankfurt close? when does New York open and close? when does Tokyo open and close?

    Hope someone will be kind enough to enlighten me

    http://forex.timezoneconverter.com/

    http://market24hclock.com/24inch.html

    The 24 Hour Market clock is pretty cool.

  3. #3
    Administrator Martin Kay's Avatar

  4. #4
    Rookie Member
    thanks guys, will check it out

  5. #5
    Moderator Kolyo's Avatar
    Check also this tool. It allows aranging the market hours depending on the timezone and also it is showing the volume of forex trading depending on the hour of the day http://fxtrade.oanda.com/analysis/market-hours

  6. #6
    Rookie Member
    The best time to trade is when the market is the most active and therefore has the biggest volume of trades.

    New York opens at 8:00 am to 5:00 pm EST
    Tokyo opens at 7:00 pm to 4:00 am EST
    Sydney opens at 5:00 pm to 2:00 am EST
    London opens at 3:00 am to 12:00 noon EST

    http://www.forextrading.pk/

  7. #7
    Moderator Kolyo's Avatar
    You know how meteorologists say that it rarely rains at night? It’s the same with money

  8. #8
    Rookie Member
    Quote Originally Posted by Kolyo View Post
    You know how meteorologists say that it rarely rains at night? It’s the same with money
    Ha Ha ....good one

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