Work Times of Forex Market- free training course of Forex lesson 5

The Forex Market follows the movement of the sun around the world and that it is possible currency trading times of the night if you like to be waken If you're like a bird's active, it is possible currency trading in the mornings, and you must know, my dear trader that Forex market is open 24 hours and along of the day from Sunday evening until Friday evening.

• The market opens on Sunday at 21:00 and close at 00:00 (beginning with Monday)
• Opening of the market on Monday, 00:00 and 00:00 closures (with the start on Tuesday).
• Opening of the market on Tuesday, closing 00:00 and 00:00 (with the start on Wednesday.)
• Opening of the market on Wednesday, closing 00:00 and 00:00 (beginning with Thursday).
• opening of the market on Thursday, closing 00:00 and 00:00 (starts with the beginning of Friday).
• opening of the market on Friday, 00:00 and 21:00 closure (on the same day "Friday").
• Saturday: Forex market holiday.

But this does not mean that the market is active throughout the day, because there are times slow down the movement of exchange rates or more and you'll learn why later in this important lesson of free training course of Forex.

And you must know that: at the beginning of the day is (reset) the highest number and the lowest number has reached the price of each pair of currencies in the day to it (ie, High and Low) and it announces the beginning of a new day and it is also a discount or add interest deals traders account holders free from interest and commissions and show these benefits in rollover box.

Practical training to determine the beginning and end of the day on the chart currency:

1. Open the MetaTrader.

2. Open the 1 minute chart.

3. Press (Ctrl) + character (Y) using the keyboard.

4. Will show intermittent vertical lines which reflect the beginning of the first and the last day.

Important Note: Dear trader Please do not forget to ask the brokerage firm you are dealing with the timing of the user MetaTrader because every broker offering timing according to the headquarters of the brokerage firm.

You should know that the movement of exchange rates is always affected by in light of the working time of global stock markets, especially Sydney Futures Exchange, Tokyo, Frankfurt, London and New York, the bottom line it is possible to say that the Forex market works in times of global stock markets work.

Now, let us learn about Dates of the opening of the international stock markets:

The following table shows the dates of opening and closing the global stock markets GMT and the table seems to be these markets operating over time the capacity of 8 hours since opening time until closing time.

Stock Market Name	The name of trading period	Opening time	Closing time
Frankfurt Stock Exchange - Germany	European market (Berlin session)	06:00 AM	02:00 PM
London Stock Exchange- England	European market (London session)	07:00 AM	03:00 PM
New York Stock Exchange- USA	Market America (New York session)	12:00 PM	08:00 PM
Sydney Futures Exchange- Australia	Australian Market (Australia session)	10:00 PM	06:00 AM
Tokyo Stock Exchange- Japan	Asian market (Tokyo session)	11:00 PM	07:00 AM

From the previous schedule it can be seen that there is more than one stock exchange open trading at one time, and we believe that during those periods of time that converge where the work of the stock exchanges that it more times with a high movement in foreign exchange rates up and down as they are more times the risk may bring trader large profit or hit by high losses if you do not realize the importance of these times during the buying and selling of foreign currencies, we believe that the European session (during the London session) is more periods of strong movement in exchange rates up and down. 

Why take advantage of these times:

Of course, every currency we want to buy or sell and it must be done in a timely manner and we mean that it is better to buy or sell the euro at a time opened the European market, and buy or sell the dollar at the time of the opening of the U.S. market and buy or sell the Japanese yen at the time of the opening of the Asian market. . To all other currencies because it's going to happen in the price movement of the currency depending on their country of speculation in the stock based on the economic news about this country or countries relevant news to them.

The most dangerous and difficult trading times in GMT are:

• At 08:00 ARE for the opening of the London Stock Exchange after Germany, France, Belgium and the countries of the European market.

• From at 12:00 PM to 14:00 PM due to enter the New York Stock Exchange began to coincide with Germany and London Stock Exchange.

• The time from 16:00 PM to 17:00 PM due to the movement of shares traded in the U.S. market.

Note: again beware when you want to engage in transactions during these times.