Currency Market Session Trading Tool

Currency Market Session Trading Tool 1

When to trade the currency market?

You were probably wondering when is the best time for trading. And this is a very good question because you cannot do it all the time. You can only trade a particular currency when the market session is open. If you want to trade the EUR/USD currency pair, you will need to check when European and US markets are open.

In this guide, you will find hints when a specific session is open compared to your time zone.

Olymp Trade best currency pairs.

There are many currency pairs on Olymp Trade. 35 to be exact. Let’s focus on the 9 most popular currencies, that are traded in 6 different market sessions.

Take a closer look at the table below.

currency activity

Currency Pair Market Session Trading Tool – how to use it

As you already know, it is not the best idea to trade a particular currency pair all day long. The time you can actually do it depends on a few factors. First, the currency must be available on the market. Second, markets should overlap. Lastly, what time zone are you in. All those factors have to be taken into account.

In Guide #1 on choosing the perfect trading hours at Olymp Trade, you will find more detailed information on when to trade on the currency pair market or fixed-time trade.

Now, let’s look into the Currency Pair Market Session Trading Tool.

On the drop-down menu below different time zones are specified. Select the one you are operating in and click GO. Our “clock” will automatically adapt and you will clearly see the market hours for any of the 9 currencies.


Currency Market Hours Clock By olymptradewiki.com 
You will have it always on hand if you save this page by clicking “Ctrl+D” *

To summarise, every time you want to trade currencies, you should determine when your favored currency pairs overlap. If your choice falls on GBP/USD currency pair, you ought to check the hours when both, London and New York sessions are opened and they coincide. This will be the time when they are traded on a large scale and this exactly means the best trading opportunities for you.

The tool is specifically created for Olymp Trade platform traders and we are using it too.

Best of luck!

Currencies
Short Name
Exchange
British pound
GBP
London, United Kingdom
Euro
EUR
Europe
Swiss franc
CHF
Zurich, Switzerland
Norwegian krone
NOK
Oslo, Norway
US dollar
USD
New York, United States
Canadian dollar
CAD
Toronto, Canada
Australian dollar
AUD
Sydney, Australia
Japanese yen
YEN
Tokyo, Japan
Singapore dollar
SGD
Singapore, Singapore

 

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