Stock trading and forex trading are altogether two totally different beasts. Stock exchanges are open only for a fixed time each day. You can only trade stocks during this time. On the other had the forex markets are open 24 hours, 5 days a week.

Continuous 24 hour action at the forex markets baffles many new traders. Forex markets have no central exchange. It is an Over the Counter (OTC) market that is spread over various locations in the world.

Now, how to provide a open and close session for each day so that you dont have to sit in front of your computer all day getting yourself exhausted. An ingenious way is to divide the day into three eight hour session.

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