I’ve been in the trading game for a bit, but the session times still trip me up.
It feels like the market is always alive, but I want to catch the prime times and not miss out.
Sunday 5pm EST when Sydney kicks off the week.
Forex runs 24/5, starting Sunday at 5 PM EST with Sydney. London opens at 3 AM EST which sees a lot of action with EUR and GBP pairs. New York opens at 8 AM EST, good for USD trades. The best time to trade is 8 AM to noon EST when London and New York overlap. Avoid Sunday nights and Friday afternoons as liquidity drops significantly.
Markets start Sunday at 5 PM EST with Sydney. They run until New York closes on Friday night.
The best trading times are during London hours and the overlap with New York in the morning. That’s when you see the best moves and spreads.
I avoid trading on Sunday nights and Friday afternoons since liquidity drops.