Which market session is best for a beginner to start with?
Every session has a different character: Sydney is quiet, Tokyo moves the yen pairs, London brings the biggest volume and New York overlaps with London for the busiest hours of the day.
What would you recommend to someone starting out?
- which session to start with and why
- which pairs behave well in that session
- whether beginners should avoid trading around major releases at first
Session times, in UTC and with daylight-saving changes, are in forex market hours and trading sessions.
Background: Forex market hours: the Sydney, Tokyo, London and New York sessions
Currencies trade around the clock on weekdays, but not with the same liquidity. Session times in UTC, the overlaps that matter and the daylight-saving trap.
What time does the forex market open on Sunday?
Most brokers open at 5 p.m. New York time on Sunday, which is 21:00 UTC in summer and 22:00 UTC in winter.
What is the best time to trade forex?
Liquidity is usually highest during the London–New York overlap, roughly 12:00 to 16:00 UTC in the northern summer, when spreads on major pairs tend to be tightest. Whether that suits you depends on the pairs you trade and your strategy.
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