Video: How to know when trading sessions are open or closed

The global foreign exchange (forex) market is a decentralized marketplace where currencies are traded 24 hours a day, five days a week. This continuous operation is due to the fact that the forex market is divided into several trading sessions, each associated with major financial centers around the world. Understanding when these sessions are open or closed is crucial for forex traders, as it can significantly impact market liquidity and volatility. In this article, we will explore how to determine when forex trading sessions are open or closed and why this knowledge is essential for successful trading.

The Four Major Forex Trading Sessions

Forex trading sessions are categorized into four major groups, and they are as follows:

  1. Sydney Session: This session kicks off the trading week and is considered the Asian session. It opens at 10:00 PM GMT and closes at 7:00 AM GMT. The Sydney session is relatively quiet compared to other sessions, with lower volatility.
  2. Tokyo Session: Following the Sydney session, the Tokyo session begins at 11:00 PM GMT and closes at 8:00 AM GMT. As the Japanese market opens, liquidity generally increases. This session is known for its influence on the JPY currency pairs.
  3. London Session: The London session is one of the most active and significant in the forex market. It opens at 8:00 AM GMT and closes at 5:00 PM GMT. This session overlaps with both the Tokyo and New York sessions, resulting in higher volatility and trading opportunities.
  4. New York Session: The New York session is the final major session, opening at 1:00 PM GMT and closing at 10:00 PM GMT. It is characterized by a high level of trading activity, primarily because it overlaps with both the London and Tokyo sessions. This period often experiences substantial price movements.

How to Determine Forex Trading Session Times

here are various methods to determine when specific trading sessions are open or closed:

  1. Forex Trading Platforms: Most forex trading platforms, such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), provide tools that display the trading sessions on the charts. These tools can help traders easily identify when a particular session is active.
  2. Forex News Websites: Many financial news websites offer session clocks that show the current time in major financial centers and highlight which trading session is active. These websites also provide news updates, which can be useful for traders.
  3. Forex Session Indicator: Traders can download forex session indicators for their trading platforms. These indicators display session times and can be customized to match a trader’s time zone.
  4. Forex Calendars: Economic calendars often list important forex market events, including the opening and closing times of major trading sessions. Traders can consult these calendars to plan their trading activities.

Watch my video on How to know when trading sessions are open or closed

Click here Watch How to know when trading sessions are open or closed on YouTube.

Why Knowing Forex Trading Session Times Is Important

Understanding when forex trading sessions are open or closed is vital for several reasons:

  1. Liquidity: Different trading sessions have varying levels of liquidity. Liquidity is highest during the overlap of major sessions (e.g., London and New York), providing traders with better opportunities to enter and exit positions with minimal slippage.
  2. Volatility: Trading sessions with high overlap tend to experience increased volatility, which can lead to larger price movements. Traders who prefer volatility may focus their activities during these times.
  3. Currency Pairs: Different currency pairs have varying levels of activity during specific sessions. For example, JPY pairs tend to be more active during the Asian session, while EUR/USD is highly traded during the London and New York sessions. Knowing these patterns can help traders select the right pairs to trade.
  4. News Releases: Economic data releases and news events often coincide with specific trading sessions. Being aware of session times helps traders prepare for potential market-moving announcements.


Successful forex trading requires a deep understanding of the market, and knowing when trading sessions are open or closed is a fundamental aspect of this knowledge. By recognizing the characteristics and timings of each session, traders can make informed decisions about when to trade, which currency pairs to focus on, and how to manage risk effectively. Whether you are a novice or an experienced trader, mastering the art of trading session timing is an essential step toward achieving success in the forex market.

Leave a Comment

Keith Rainz

Contact me

Along Kafue Road, Chilanga, Lusaka Zambia.

Contact me

Connect with me