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Forex session, what time Forex to choose?

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Forex session, what time Forex to choose?



There are several trading sessions Forex:
1. Asian sesia (00.00 - 09.00 Moscow time).
2. European sesia (09.00 - 16.00 (Moscow time).
3. American sesia (16.00 - 00.00 MSK).

So, the schedule of trading sessions Forex you have read. We will examine each of Forex sessions.

The Asian trading session trading


The main players in the Forex market in the period from midnight to 06.00 is Japan, China and Australia. The fluctuation of currencies, as a rule, insignificant due to the fact that Europeans and Americans are sleeping or relaxing after work. Exceptions - important news for Asia and Oceania, which occurs most often at 03.00 or 03.30.

Given the above, the person of our time zone it is difficult to trade at this time, and the volatility of currencies weak. Therefore it is better to refrain from trading, and if there are open positions to expose the trail or stop order to sleep peacefully. If you are a man going his homeward way, and love traditi at night, work in pairs, associated with the Japanese yen.

 The period from 06.00 till 09.00 GMT very quiet on all currency pairs. Asians have TORGOVLI her and go to rest. But the Europeans woke up and go to work.


The European trading session trading


From 09.00 to 12.30 Moscow currency markets are activated. Europe is no longer asleep, many are working, currency speculators active. Very often during this period is born movement that determines the subsequent daily activity and volatility in major currency pairs.

Important news from Europe go approximately 12.00 and 13.00 (useful for traders working with EURUSD and EURJPY). The period after 13.00 has an impact on the British pound. British news published at 13.00 or 14.00, which directly affects the currency pair with the British pound, in the first place GBPUSD. Correctly comparing data across Europe and the UK, you can anticipate a good move and get your piece of the pie.


American trading session trading


Span 16.00-21.00 is the most hot time for Forex trader. It time Forex especially those that appear on the market American players with big money and actively driving the market. It was at this time working American exchange securities that directly affects the currency parisite American players many large hedge funds, investment banks, corporate traders with large deposits and, of course, private speculators. In this time Forex possible fracture of the movement, which began in the morning, and the birth of another. So play it safe and trade cautiously.

Pay special attention span 16.00-18.00, when the trend and the activity of the American Forex trading sessions the most pronounced. This is due to trade shares of American traders mainly in the beginning trading session.

Important news for US out at 16.30 Moscow time. Till 21.00 activity currency decreases, traders USA close their positions and preparing to sleep. The exception is perhaps that the meeting of the Federal trade system (fed), the results of which are published 22.15. Decisions of the fed very strong influence on the market as directly linked to the U.S. economy (interest rate, and so on).


For ease of determining the time in different time zones you can use http://www.forexmarkethours.com/ (1) If Moscow time, GMT+3, then you need to find it in the drop-down menu and click Go. The table will indicate the time in Moscow, a different color will be represented in London, new York, Sydney and Tokyo.



Summing up, I must say that the periods of active trading on the Forex election, despite persistent time Forex. Do not try to catch every movement of exchange - trade sighting, relieving cream. Select one or two currency pairs that you want to work, consider the temporal features and practice, given the time Forex sessions. The only way you will keep your nervous system and earn profit.


Remember that the profitability of trade is highly dependent on your chosen broker!



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