Forex is a 24hours market and it is operational for five days in a week.
We have the Asian; European; London and New York Sessions.
The Asian Session opens on sunday at 1.00A.M GMT or better still 8.00P.M EST and closes at 8.00A,M GMT or 3.00A.M EST. The European Session opens at 7.00A.M GMT which is 2.00A.M EST and closes at 3.00P.M GMT i.e 10.00A.M EST. the London Session which run almost at the same time with the European Session opens 1hour after the European Session and closes 1hour after the European Session closes.
The New York Session opens at 1.00P.M GMT or 8.00A.M EST, while it closes at 8.00P.M GMT which is 3.00P.M EST.
It is advisable to watch the historical price data on the forex chart to see what time frame that suits you to trade and what time you could be busy doing something else. The idea is to trade when the trading range is worth it, while you stay out of the market when the trend is not favourable.
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