Mastering Forex Trading Sessions: A Comprehensive Guide to Maximizing Opportunities and Profits in the 24-Hour Market

📈 The Forex Market operates 24 hours a day, five days a week. The forex market is broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session. Below is a table outlining these sessions and their corresponding major traded currencies.

Regarding most traded currency pairs for each session:

🇦🇺 Sydney: It introduces liquidity to the Forex market after the weekend and daily passes, and the concentration of players are from Australia and New Zealand, so you can see AUD and NZD pairs moving.

🇯🇵 Tokyo: Tokyo is the financial capital of Asia; it is also worth noting that Japan is the third-largest forex trading center in the world. Hence it sees a lot of initial action when the markets reopen on Sunday afternoon because individual traders and financial institutions are trying to regroup after the long pause since Friday afternoon. The JPY pairs are particularly popular in this market.

🇬🇧 London: The fact is, the London session is the busiest session of them all, featuring high volatility and high impact news. The British Pound (GBP/USD) is the main traded currency.

🇺🇸 New York: This is the second-largest trading session in terms of volume, the US Dollar is involved in the majority of transactions across all session worldwide, and all major currencies are highly liquid.

Please keep in mind that the table is EST time zone, and you should adjust your time accordingly. During these overlap times, there are significantly more opportunities due to greater volatility and more liquidity 🔥