Forex market has 4 major sessions.
These major sessions are,
- Sydney session, 5:00 pm – 2:00 am (EDT)
- Tokyo session, 7:00 pm – 4:00 am (EDT)
- London session, 3:00 am – 12:00 pm (EDT)
- New York session, 8:00 am – 5:00 pm (EDT)
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The busiest time is when one session overlaps another. Trading in this time carries better result.
Tokyo session overlaps London session from 3:00 am to 4:00 am (EDT).
London session overlaps New York session from 8:00 am to 12 pm (EDT).
Pairs will give a better result when two markets for those currencies are active. For example, EUR/USD, GBP/USD pairs will give a better result from 8:00 am to 12:00 pm.
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Originally published at Forex Market Hours and Best Time To Trade