Forex

The three major market centres for Forex are Asia (Tokyo), Europe (London) and North America (New York).

• The Asian market opens at 1:00am GMT (although New Zealand and Australia open about 1 hour earlier).
• At 7:00am GMT, the European market opens.
• London, the most active centre for Forex, opens at 8:00am GMT.
• Finally at 1:00pm GMT, the North American market becomes active.

The most liquidity and turnover occurs when London and New York overlap, which occurs between 1:00pm and 5:00pm GMT. The least liquid period occurs when London finishes and before Asia opens.


The best position to take advantage
of the early moves in the Tokyo market, ie yen crosses, then move
up to the European open, where you will have analysed the markets
to add or monitor a trade from home if needed.

As they say "the world is your oyster", take a look at GBP/JPY,
EUR/JPY, CHF/JPY, if these are too volatile for your trading style
then EUR/GBP, EUR/USD, GBP/USD may interest you more.