So now we know that the London session is the busiest out of all the other sessions, but there are also certain days in the week where all the markets tend to show more movement. Know the best days of the week to trade forex.Below is a chart of the average pip range for the major pairs… Continue reading Best Days of the Week to Trade Forex
Category: 3. When Can You Trade Forex?
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Best Times of Day to Trade Forex
Quick pop quiz! What time of the day are TV ratings highest? If you said during prime time, then you would be correct! What does this have to do with trading sessions? Well, just like TV, “ratings” (a.k.a. liquidity) are at their highest when there are more people participating in the markets. So when is the… Continue reading Best Times of Day to Trade Forex
When Can You Trade Forex: New York Session
Right as European traders are getting back from their lunch breaks, the U.S. session begins at 8:00 am EST as traders start rolling into the office. Just like Asia and Europe, the U.S. session has one major financial center that the markets keep their eyes on.We’re talking of course, about the “City That Never Sleeps!… Continue reading When Can You Trade Forex: New York Session
When Can You Trade Forex: London Session
Just when Asian market participants are starting to close shop, their European counterparts are just beginning their day. While there are several financial centers all around Europe, it is London that market participants keep their eyes on. Historically, London has always been at a center of trade, thanks to its strategic location. Today, London benefits from its time zone.… Continue reading When Can You Trade Forex: London Session
When Can You Trade Forex: Tokyo Session
For traders living in Murica (“America”), the trading day actually begins on Sunday night at 5:00 pm EST (10:00 pm GMT). However, liquidity doesn’t really show up until Tokyo opens a few hours later. The opening of the Tokyo session at 12:00 am GMT marks the start of currency trading in Asia. You should take… Continue reading When Can You Trade Forex: Tokyo Session
Forex Trading Sessions
Now that you know what forex is, why you should trade it, and who makes up the forex market, it’s about time you learned when you can trade. It’s time to learn about the different forex trading sessions. Yes, it is true that the forex market is open 24 hours a day, but that doesn’t mean it’s always active the entire day. You can make money trading… Continue reading Forex Trading Sessions