Continuous Trading in the Forex market

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The Forex market operates 24 hours a day. This is possible since trading happens on all continents. This continuity is unique, and it allows dealers to act without any time limits, to react to any development that occurs in another place on the globe.

For some traders who are not experienced, this might be very time consuming: the option to check your position at any given time during the work week leaves little time to rest. Waking up in the middle of the night to read yet another qute can be addicting.

So, when exactly can I see money on the move?

The market is “open” when bankers in New Zealand, Australia and Japan start their work week on Monday morning until the last traders in California close their doors on Friday afternoons. So, business can be conducted from around Sunday 22:00 GMT up to Friday at about 22:00 GMT.

Even during holidays, the market is functioning regularly. Lighter trading can be seen during these times, but there’s always some action.

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.