Forex
market 24 hours over five days of work per week is known as starting at 21:00
GMT on Sunday and finishes Friday day time 21:00 GMT. Forex market is the most
active financial markets is available 24 hours a day all over the world. And
currency exchange rates are moving in certain directions up or down according
to the trading period, which came out of this market as we know that the forex
market is a global market operates within the following periods:
1.
European period: from 2:00 am to 12:00 GMT, and will be the first hour and a
half of this period is the most active after entering the London Stock
Exchange. This is the most liquid period.
2.
American period: from 8:00 am to 17:00 GMT, and is often the first few hours
are the most active. Especially when these overlap period with the European
session.
3.
Asian session: from 7:00 pm to 4:00 GMT, this period and be more active when
entering the Tokyo Stock Exchange in the early hours of this period. However,
this period is less active than in European and American periods.
For
rolling to realize the importance of these periods during trading it must
choose the right time, it's best Japanese yen trading at the opening of the
Tokyo Stock Exchange at any time of the Asian session due to the activity of
the yen's movements in that period. The overlap between the periods of times
are the most active in the forex market, where this period is witnessing a
strong movement of exchange rates.
Forex
trading times of the direction indicators News
Currency
prices move based on the special economic news to a particular country or news
relevant to their states and as we know, the week includes five trading days of
the month and includes a four-week trading approx. But there are weeks of
important economic indicators are characterized actively market where much
movement and fluctuation of currency pairs time of issuance of this news.
The
first week and the third of every month times relatively active for the other
weeks since it is full of important economic news such as the European and
British interest rate which is published in the first week as the issue related
to consumer and retail sales indicators in the third week and indicators of
other important rates. Unlike the second week of each month, which is
characterized by calm and serenity for free from the issuance of the news that
strong forex market move.
The
fourth week deemed to be of the busiest and best weeks of trading in the forex
market, where the price moves significantly much are advised to trade this
week. Accordingly, the rolling must seize these opportunities to enter into the
appropriate time and in the direction the market moves.
Trading
in periods of holidays:
Trading
is in periods of holidays and birthdays, especially relatively quiet periods
where currency rates are very slow moving Unlike other times. And there are
often moves after the holidays and the beginning of the new year with the end
of the beginning of a new economic cycle of many banks and large companies.