Trading London & New York Opens
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Why Session Opens Matter for Price Action
Forex trades 24 hours a day, five days a week. But not all hours are equal. The London open (approximately 3:00 AM Eastern) and the New York open (approximately 8:00 AM Eastern) are the two most important moments in the trading day. Each brings a flood of volume from institutional participants — banks, hedge funds, and corporations — that creates the day's biggest moves.