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Forex Trendy A Forex Trend detection Software !!!

Today I decided to add one more tool to what we are doing. As you know to make decision, a quick decision & then confirming with your...

Thursday, May 30, 2013

World Wide Timing in Forex trading hours and status

  • Though we consider the Forex Market is Open for 24 hours but it is not really convenient for traders to trade at any time
  • If you see the trading lot volumes of active traders then we can easily realize professional traders are active mostly only at session opening time. 
  • Following figure explains the Four session and their respective Open Close timings 
  • It is really useful and must for a trader to understand the session opening and closer timing and sync with them according to your location time. 
  • Such as for India the time is GMT+5.30  -- So if traders really want to take the benefit of these session trimmings then he has to understand it and practice it accordingly. 
  • With the following figure it is really easy to remember how the session timings. 

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