When can I trade?
Given the name “Foreign Exchange market” it goes without saying that the Forex market is the very definition of an international market. But what is less obvious is when the Forex market is active, in other words, when you can or cannot trade forex. Forex is open 24 hours a day but only on business days. That’s why if you decide to become a professional Forex trader, you can still enjoy your weekends just like most of us do.
Each trading day is divided into so-called sessions, these react to movement of the sun as it passes over the main financial centers around the globe. The first session begins in Sydney on 23:00 (GMT +2) of CET, after that comes Tokyo followed by London. The last financial center to join this cycle is New York which also closes it at 23:00 (GMT +2) CET.