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There are Various Trading Times and Trading Sessions in Forex

They include

SYDNEY SESSION

TOKYO SESSION

LONDON SESSION

FRANKFURT SESSION

NEW YORK SESSION

The Sessions names are derived from the major cities in which most of the Transactions are done.

For example

Sydney Session  represents Australia and other countries around that Time zone

Tokyo session  , sometimes called ASIAN Session represents Japan and some of the Asian countries.

London Session represents The United Kingdom and the countries within it.

FRANKFURT session which is in Germany represents Europe.

While
NewYork Session represents The Americas

Forex is actually a 24 hours market.

It is most times regarded as the Market that never Sleeps because it’s open for 24 hours of the day except on Weekends

So no matter where you are around the World, no matter your Time zone…. You can actually Trade this Large,  Highly Liquid market.

Let’s now get to their Trading Times….

Because each of this Session have their own Opening and Close times…

SYDNEY SESSION

Opens by 9PM GMT

TOKYO SESSION

OPENS BY 11 PM GMT

LONDON SESSION

OPENS BY 7AM GMT

FRANKFURT SESSION

OPENS BY 8AM GMT

NEW YORK SESSION

OPENS BY 1PM GMT

Let’s note these Times down in our Exercise as you all would be needing them for your Trading.
So for Nigeria its GMT + 1. So you add 1 hour to that time to get the exact time in Nigeria

All Sessions lasts for 9 hours.

So having known their Opening Times, To get their appropriate Closing Times.

Just Add 9 hours to the Opening Time to get when they would Close

Example

Sydney Session that Opens by 9 PM GMT

WOULD close by 6AM GMT

also TOKYO Session that Opened by 11PM GMT

WOULD close by 8AM GMT

NEWYORK SESSION that Opened by 1 PM GMT

WOULD CLOSE BY 10PM GMT

AND SO ON FOR OTHERS..

just Add 9 hours to their Opening Times.

Now there is an important thing to Note here…

This is what many Forex Traders don’t actually understand because nobody taught them.

It is always good to Trade the Market when 2 Markets are open at the same time.

I.e When 2 or more of the sessions are open

Please Take note of this Important point

This is Because,  Volatility is always more when 2 or more Sessions are Open .

And in Forex Market,  More Volatility means More money. 💵

As a Forex Trader, U wouldn’t want to trade a Quiet market, because there won’t be much Fluctuations and it’s those movements that make money for us.

You would come to understand these soon and know what I mean.

Example by 12 AM GMT
Sydney Session and Tokyo Session would be open together and it would have more Volatility than someone that is Trading at 9PM GMT because the market would be Quiet.

Another Example is by 8AM GMT

London Session and Frankfurt Session would be open, infact even Tokyo would be with them briefly,  so you would notice that Volatility would increase during such times.

So as a Forex Trader , Always time your Trading to fall in periods where 2 or more Markets are open at the same time.

By doing that U  would always have an edge in the market  .

We would be learning more important things, let’s just follow the Trading closely.