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Just because the Global markets’ trading times are 24 hours a day, it does not mean you have to be all the time. Also, just because the market is open, it doesn’t mean it is very active. You must find the best sessions that align with your lifestyle and trading goals.
The global market has four defined trading sessions: the Tokyo session, the Sydney session, the London session, and the New York session. Throughout the trading day, there will be two sessions open at the same time. During the summer, from 3:00 am. -4:00 am EST, the Tokyo session, and London session overlap, and during both summer and winter from 8:00 am – 12:00 pm EST, the London session and the New York session overlap.
Session overlap periods are the busiest and best trading time because there is more volume when two markets are open at the same time. This situation makes sense because, during those times, all the market participants are wheeling and dealing, which means that more money is transferring hands. Here is a great tool to track the trading sessions in real-time.