Pre-Market and After-Hours Trading Sessions
Pre-Market and After-Hours Trading Sessions
The Forex market is a 24/7 market where traders from all around the globe can participate. This means that there are times when the forex market is open earlier than the usual trading sessions and there are times when the market is closed earlier than the usual trading sessions. This article will provide an overview of trading forex market session time, so that traders can make informed decisions about when to trade the forex market. The normal forex market trading sessions are from 8:00am to 5:00pm GMT (1:00pm to 11:00pm EST). However, there are sometimes periods of the day when the forex market is open earlier or later than these normal trading sessions. Today, for example, the forex market is open from 6:00am to 10:00am GMT (12:00pm to 6:00pm EST). Before trading the forex market, it is important to understand the trading session time boundaries. This will help you make informed decisions about when to trade and how much money to spend on forex trading.
Forex trading is a fast-paced and highly volatile investment that can be risky for novice traders. However, by understanding the Forex market and staying informed about trading sessions, you can make informed decisions about when to trade and how much money to spend on forex trading. Pre-Market Session The pre-market session is the first few minutes of any forex trading day. During this time, prices are generally low and traders are looking to buy or sell currency pairs. The pre-market session is also a good time to check currency rates on overseas exchanges. During the pre-market session, it is best to avoid trading forex trades that require a large upfront investment. Traders should also remember to keep a close eye on the news and economic indicators to stay up-to-date on the current market conditions. After-Hours Session The after-hours session is typically the busiest part of the forex market. During this time, prices are higher and traders are looking to buy or sell currency pairs. Traders should examine the current market conditions and make a decision about whether to trade during the after-hours session. traders should
be aware of the different time frames and conditions that prevail during pre-market and after-hours sessions. Forex traders should be aware that on average, the pre-market session lasts from 7:00 a.m. to 9:00 a.m. local time, and the after-hours session lasts from 4:00 p.m. to 6:00 p.m. local time. These time frames can vary, however, depending on the time of the year. In the summer, for example, pre-market may start at 7:00 a.m. and end at 9:00 a.m., while after-hours may start at 4:00 p.m. and end at 6:00 p.m. The opposite is true in the winter, when pre-market may start at 9:00 a.m. and end at 11:00 a.m., and after-hours may start at 4:00 p.m. and end at 6:00 p.m. The most important thing for forex traders to remember is that the conditions in pre-market and after-hours sessions can be very different.
