The exchange can actively trade on the foreign exchange market platform

The exchange can actively trade on the foreign exchange market platform
Foreign exchange trading hours

If you open the chart of any currency pair in the foreign exchange 5--16 time frame market, you will notice that the trend is very uneven and the activity cycle has increased, but the activity is actually zero. This is due to the fact that the trading day in a particular country/region lasts for 6-11 hours, after which the site is closed. Then open transactions in other regions, and other participants conduct transactions. This is how the foreign exchange trading session is formed.
In general, the facts have proved that trade is continuous, and at all times in the world, there is an area where transactions are conducted during working hours. A notable feature of foreign exchange trading is that almost all currency pairs (very few foreign cross currencies) can be traded continuously, and the quotation gap only appears when the market is closed on weekends. This means that no matter what time zone the trader is in, he always has a trading opportunity. There are very serious differences between trading hours, which we will discuss below. The most successful location is in the time zone close to Moscow, because in this case, the largest activity depends on the working hours in Moscow. For long-term trading, the arrangement of the trading hours is actually not important, because the trading is started in anticipation of large enough fluctuations within a few days or even weeks. Therefore, work is usually done through pending trade orders. Even if the transaction cannot be withdrawn in time for any reason, the price will not vary greatly, and there will be no time at all.

The trading volume is unevenly distributed throughout the trading day. The foreign exchange market is over-the-counter trading, which means that transactions are conducted around the clock. In theory, this should lead to a relative uniformity of trading activity throughout the trading day. However, this is not the case, and to some extent it is related to other departments of the exchange (mainly the stock exchange). Foreign exchange trading is speculative, and the stock market shows the real interest of investors, and their behavior will certainly have an impact on foreign exchange trading. This is the reason why there is a sharp increase in activity during trading open periods in any region. Now, let's move directly to the zone itself and the trading session. After trading opens on Monday, a price gap may appear on the chart.

An important feature of this period of time in the foreign exchange trading session is that the price value received by market participants is sometimes very different from the price value at the end of Friday trading. In other words, weekend events may have a sufficiently large impact on the market, and there are gaps. Therefore, transactions may be uneven, with sharp movements in the direction of narrowing the gap and in the opposite direction. This must be taken into account, you should not trade immediately, it is better to wait a while. This period is characterized by a slightly longer execution time for trade orders and wider spreads, which may be important. All these are due to low liquidity. Liquidity is growing, spreads are shrinking, and many participants are entering the market. Nevertheless, this is still not a very convenient trading environment, usually the price, if there is no large gap, it can only fluctuate in a small range. But in the equity sector, trading activity can be quite active, because US index futures are traded on the Sydney Stock Exchange and usually set the tone for trading in all other instruments, including Australia. During the trading hours, Sydney can be called the first major trading floor. The main currencies for transactions are Australian dollars, New Zealand dollars, Japanese yen and US dollars. These currencies have the highest turnover at this time of the day. From the perspective of currency trading, Tokyo is the most watched-the Asian Trading Conference starts from this site. Tokyo is open at Greenwich Mean Time, that is, it will take place during Moscow trading hours. Japan’s trading floor is very important because the country produces a lot of goods and has close economic ties with the United States. At this time, the USD/JPY currency pair is very active, and the Japanese stock market is one of the largest stock markets. There are also Chinese platforms, but due to the strict supervision of the RMB exchange rate, foreign exchange traders are not particularly interested in it. China only has an impact on gold, which usually moves well during the Asian session with large fluctuations. In the Asian session, the most traded instruments are usually the same as in the Pacific session, but the main currency pairs-EUR/USD and GBP/USD can be added. Very important news comes out and rarely happens.
The market trend is strong, in this case, the Asian trading floor provided support.

Otherwise, this is a calm transaction, and there is even a separate strategy called "Asian Flat". That is, the name itself is the characteristic of the trading session. But it should be pointed out that some people will adapt to such small actions and learn to make money from them. For this reason, they wrote trading advisors-they are designed for the low volatility of night trading in Moscow time.
The beginning of truly active trading in the foreign exchange market can be considered the opening of European sites. Trading in this area started at the Frankfurt exchange, which is an important exchange in Germany with many participants. At the same time, trade started in Zurich, but, strangely, the country where the bank is located did not make a significant contribution to the change in quotes. After Frankfurt, within an hour, Europe's most important stock exchange, the London Stock Exchange, opened. Most transactions take place here. London offers thousands of trading tools, so many investors are waiting for them to open before entering the market. For the first time after the start of the transaction, the quotes seemed to Lyng greenesfield move chaotically and the direction kept changing, but then everything calmed down and a trend appeared. If it does not exist, the chart usually remains flat, but the flat range is much larger than the Asian range.
During the European Conference, absolutely all trading instruments are actively trading, and a large number of transactions are carried out through currency pairs. London, located at the end of trading in certain Asian markets. Investors need to determine their positions, because they can already assess market prospects through the performance of European participants. The end of the European conference coincided with the opening of the US market. Now, European investors are deciding their positions in accordance with American behavior.
In Europe, prices have risen significantly, and candlestick price ranges are increasing compared to Asian trading hours.
Throughout the trading day, there will be a variety of economic publications, these publications have local and long-term impact. In the foreign exchange trading hours, the trading days full of publications usually show great volatility, with great fluctuations. This allows those who conduct intraday trading to make money. In fact, from the perspective of the foreign exchange market, the European Conference is the most important and coincides with our working day. London closing time-Moscow trading hours. Before the market closes, the range of minute candles usually rises sharply, which should be considered. In other words, if the transaction is conducted through candlesticks, then you need to understand that hourly candlesticks may undergo fundamental changes 5 minutes before the end of London trading.
Although there is a general view of the country's influence on foreign exchange transactions, this is not the case. On the two main sites (New York and Chicago), stocks and commodities trading were opened respectively. This does not mean that foreign exchange trading has become inactive, but more attention is paid to the stock market, oil and gas. Therefore, if we talk about the foreign exchange market, we can think of working hours as the first half of the US conference. When the largest trading floor opens, the largest trading volume crosses the European trading hours. After the London market closed, the trading volume dropped. Around the Moscow period, the currency calmed down completely, and then either began to fluctuate within the same range or moved very slowly within the trend.

For example, how active the couple were during the Asian conference.
The Canadian dollar reacts very strongly to changes in oil prices, so the currency pair shows the largest range of fluctuations during the US trading period and throughout the trading period.
Canada also has exchanges, but they are not that important compared to New York and Chicago. There are also Latin American exchanges, but it doesn't make sense to ignore them at all-trading volume is small and South American currencies are rarely represented. If so, then their trading conditions are usually far from ideal, so these sites are usually ignored during foreign exchange trading hours. Sometimes, in rare cases, important data in the United States may be released late at night-decisions on interest rates, speeches by the Chairman of the Federal Reserve, etc. These important events can greatly increase volatility; in addition, they sometimes set trends for the next few trading days. In other words, the currency pair moved to the close of the hour, and then these trends appeared in the Pacific and Asian markets.
Normally, there is no interest in trading one hour after the US exchange is closed. There is no movement at the moment. In a smaller time frame, some candles may not be in the zero range at all. It should be remembered that in this "transition", swaps are charged, from Wednesday to Thursday-the amount is three times. Therefore, in the last few minutes of work in Chicago, vigorous exercise may occur within one minute, and then usually played back within the next one or two hours. Then Wellington opened and everything went in the same order-they traded, then Asians, then Europeans, then Americans. If there is a day off in a certain area, you can usually see very low activity on the chart at this time. In other words, the transaction seems to be ongoing, but there are few participants and low liquidity. Therefore, spreads may widen and order execution may be delayed. Such events are usually pointed out in the economic calendar and must be considered. Except for the transition to winter and summer time, the timetable for the remaining trading hours remains unchanged. We understand its meaning, the types of existence and the differences between them. It is not enough to just understand the principles of the trading terminal, have a reliable trading system, all the skills for market analysis and the use of its tools. In order to ensure the timeliness and deliberateness of all your transactions, and your transactions are profitable, you need to understand the transaction time. This knowledge will reveal new secrets of life in the foreign exchange market for you. You will be able to build your own trading strategy, focusing on the time when the currency instruments used in conjunction with the trading hours are most active.
This knowledge can not only help you get the highest profit, but also minimize possible losses. In order not to forget one trading session to replace another trading session and close open positions on time, you can use the trading session indicator. To download the file and continue learning, you must log in or register. Because there are no fluctuations at other times, and for us, fluctuations occur at night. For Europe and the United States, prices in pounds have experienced major fluctuations. For anyone trading intraday, I suggest you focus on these trading hours. I don't understand why this garbage needs to be provided? --+ More convenient, but most importantly, you can fine-tune the session. Interestingly, your experience is very important to us and many other traders. But the above article did not mention this indicator. There is an article on trading hours indicators on the site, but it doesn’t focus on any one indicator. In addition, it mentions your-because it is usually the second most popular indicator.

It is very convenient for meetings, but maybe you already have something new? It does not conduct brokerage activities and does not provide foreign exchange trading services. The company only engages in the activities of providing financial intermediary consulting services. All materials on this site are for reference only and do not mean that any measures have been taken. The data provided is only a guess based on our experience. The published transaction results are only added to demonstrate performance, not performance descriptions. Past performance does not guarantee a specific future performance. The use of margin financial instruments to trade in the financial market has a high risk, so it is not suitable for all investors. You are solely responsible for your trading decisions and the results obtained during your work.

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