I wanted to post this as I get PM's and see many questions about this. It has been posted in this Forum, but I wanted to post this important information again. Print it out! The three major market centers for forex are Asia (Tokyo), Europe (London) and North America (New York). 8:00pm EST, the Asian market opens (although New Zealand and Australia open about 1 hr earlier). 2:00am EST, the European market opens. 3:00am EST, London, the most active center for forex, opens. 8:00am EST, the North American market becomes active. The most liquidity and turnover occurs when London and New York overlap, which occurs between 8:00am and 12:00pm EST. The least liquid period occurs when London finishes and before Asia opens.