Trading forex will require you to make transactions on international money markets, so beforehand you must already understand about trading hours, or the time when a particular forex trading market or forex zone is open for transactions.
Various traders around the world have their own favorite time zone, so the forex trading market is always open 24 hours a day.
But keep in mind that within the 24-hour forex trading time zone, the markets that are open vary, thus requiring traders to choose wisely which forex zone is right for them.Because forex trading demands the right time to make trading transactions
Forex trading Time Zone is a basic insight skill that must be possessed by forex traders even though beginners are required to know it.
Although every trader has 24 hours to trade, there are certain times that you should know in order to start trading at the right time.
Asian Forex Trading Zone
The Asian forex trading zone opens from 04.00 WIB to 14.00 WIB.
There are two popular markets, namely the Chinese Market which opens at 07.00 WIB and the Tokyo Market which opens at 06.00 WIB.
Most traders in Indonesia trade through the Asian Market.
Currently, what tends to be the choice, especially by Asian forex traders, is the Hong Kong market.
European Forex Trading Zone
The European forex trading zone opens from 14.00 WIB to 22.00 WIB.
In the forex time zone, trading is conducted in financial centers in Europe, such as Luxembourg, England and Switzerland.
The European market itself has the largest trading session of the total world trade. You could say the European market is the busiest market.
America's Forex Trading Zone
The American Forex Trading Zone opens from 19.00 WIB to 03.00 WIB.
During this forex zone, the movement of Forex trading activity was able to reach its maximum level when trading hours in New York were opened, apart from that when the US Bank started working.
The American market is also quite potential because it is based on the dollar, which has a high exchange rate and is accepted almost all over the world, and is based in New York, which is a city of business and trade, so it is very active.
Thus, the forex zone or forex trading time that is mandatory for traders to know because this is closely related to the desired effectiveness of the forex market.
