Overview of Trading Sessions
The financial markets operate in distinct trading sessions: Asian, European, and North American. Each session has specific open and close times, influencing market liquidity and volatility.
Asian Session
The Asian session typically opens at 00:00 GMT and closes at 09:00 GMT. Major financial centers like Tokyo and Hong Kong drive the activity during this period.
European Session
Opening at 08:00 GMT and closing at 17:00 GMT, the European session is marked by high liquidity and overlapping with the Asian and North American sessions, leading to significant price movements.
North American Session
The North American session begins at 13:00 GMT and ends at 22:00 GMT. Key markets such as New York influence trading dynamics, especially during the overlap with the European session.
Impact on MetaTrader 4 Trading
Understanding these sessions helps traders on MetaTrader 4 to identify optimal trading times, manage risks, and capitalize on market movements effectively.
Time Zone Considerations
Always adjust the market open times to your local time zone to ensure accurate scheduling of your trading activities on MetaTrader 4.
