Forex trading market remain open 24 hours in 5 days . and it as 4 trading sessions according to market and also time zone . i think London session and New york session both are best . which session do you all consider best .
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Forex trading market remain open 24 hours in 5 days . and it as 4 trading sessions according to market and also time zone . i think London session and New york session both are best . which session do you all consider best .
Yes New york and london session are the best session
in the Forex market and we trade in Forex 24 hours a day and in day and night. There is no gap in Forex because trading secession starts in Tokeyo and ends in Newyork.
From my opinion, the best trading session is during London session and US session. Both news that comes out during these time period gives high impact to the forex price movement. The percentage of traders trade during these period also the biggest compared to other session.
Tokyo is one of the principle dealing centers in Asia and is the first major Asian market to open. USD/JPY, GBP/CHF and GBP/JPY have large ranges, and offer short term traders opportunity. i'm always use asian session to make scalping in TenkoFx
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Trading session was the best in my opinion at the time of the Asian session, it is suitable for traders who like to do scalping because of the relatively small movements and move sideways. based on trading experience I did in Armada, by way of scalping trading during the Asian session very beneficial
Usually each session has a volume of transactions is different, as in the Asian session rangenya usually smaller when compared with European and American sessions. So to take a decision in the OP in each session was required in different ways as well. To determine a technique we will apply what we should learn first price movements in each session.
I think the good trader and the good strategy does not care about the sessions any more . Because the good strategy can be valid for all sessions and all times but for me i prefer the ASIAN session to make scalping, i prefer this style because my broker give me a lowest spread and comission