Forex trading is a 24 hour, 6 day a week adventure. Anytime that you want the chance to trade, with exception to a 36 hour window, you can. So this begs the question, what are the most active forex trading times?
Forex trading is an around the world activity. It starts in Asia, and works it's way around to the US.
Forex and GMT
Most forex traders view everything in terms of GMT or Greenwich Mean Time. While time telling around the world can change with seasonal changes, such as daylight savings time, GMT is always the same time no matter what the season, so it can be used as a solid reference if you are tracking events around the world.
There are three main forex trading sessions around the world. Asian, European, and the United States. Things get going at 12:00AM GMT with Tokyo trading coming online in Japan. Followed by London, U.K. coming online 8 hours later at 8:00AM GMT. There is a tiny overlap of 1 hour between those two sessions. The final market to come online is New York, US at 1:00PM GMT.
Most Active Forex Trading Hours
The most active hours are the overlap hours between the London trading session and the New York Trading session. This is the period of time when the market is full of active traders that have large accounts to trade with are trading. With so much money moving around at once, large moves are produced in various currency pairs.
What does it all mean?
This means that you can trade any time you want, but if you like to do live trading, your best chance of making money is between 1:00PM GMT and 5:00PM GMT. These are, without question, the most active forex trading times.