The Forex market hours are available 24 hours per day 5 and ½ days per week. With these hours available, "forex" makes the opportunity to trade open to participants in the market convenient for almost any hour of the day. This is sometimes misleading to the investor. For all 24 hours of the day are not profitable.
For "currency trading" to be the most profitable, the investor should attempt to trade when there is the most activity in the market. When there is more currency moving in the market, there is more opportunity to catch the trade and make a profit. There is a forex market time converter which makes it convenient to convert the trading times to the time zone in which the investor is living.
With this tool, the investor is able to monitor the most active trading times throughout the world market. Tips to follow include focusing the trading activity during the hours the highest trading times of the three largest Market Centers. These are Tokyo, London, and New York. The market is most actively trading when one of these markets is open.
The actual greatest trading time occurs when at least two of these centers are open at the same time. The Forex Market Time Converter clearly shows these times for investors. The converter does this by displaying green "Open" signs in the Status column of the open market centers.
Profit is generated when the market moves up, and even when the market moves down. If there is no movement in the Forex market, there is no chance for profit. The forex market is actually broken up into four major trading sessions. These sessions are the London session, the Sydney session, the New York session, and the Tokyo session.
There are times during the open hours that at least two of these sessions overlap. There are hours during the trading day when the London and Tokyo sessions overlap. The other overlap is London and the New York market overlap. The Sydney market overlaps with the New York market during one hour of the trading day.
These overlap times are when there is the most money moving in the forex market. When there are large volumes of currency moving in the market is when the greatest profit is possible. The most successful investors are those who have the ability to consistently get into the trading frenzy while there is volume movement.
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