strategy is based on 1 minute chart up to 4hr charts, then it is necessary for you to pick the right forex trading hours to trade. Thats when you two lots traders from two different timezones trading together and it does create some good moves in the market and the chance to profit. There are 3 Main Forex Trading Sessions: London Session, new York Session Asian Trading Session (The Asian Trading Session Involves Sydney Tokyo put together). London and Tokyo: between 3:00 am 4:00am EST (EDT).
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In the scope of things, what time your forex brokers uses on the trading platform is really irrelevant (not important) at all. The New York Trading Session Starts at 1 PM GMT and Ends at 9PM GMT. The day of the month that a country shifts to/from DST also varies, confusing us even more. . We use functional cookies to analyse how visitors use our website, as well as track and improve our websites performance and function. The current session is indicated by the dark blue column on both maps in GMT.
Also take notice that in between each forex trading session, there is a period of time where two sessions are open at the same time. Tokyo - Opens in 4 Hrs. Forex market is open 24 hours a day. As a matter of fact, the forex market is a 24hr market.