moonchild
VIP Contributor
If you trade the forex markets you'llnotice that volatility is higher during some sessions and lower in some sessions, the reason for this is not far fetched if you have knowledge on time and price, depending also on what you trade it sort of varies, in this short post we'll look at the importance of paying attention to session open.
If you trade European pairs which includes but not limited for EU, CU, GJ OR GU, then the London session should be your focus, volatility is usually high and most traders are trading at that moment, trading at that moment will help you make money easily because it's packed with momentum.
Also if you trade the American Pairs like USDJPY or USDSGD, then paying attention to Newyork open will mostly be at advantage for you because momentum is higher at that time.
Same applies to trading the Asian sessions too, Asian pairs at Asian open
If you trade European pairs which includes but not limited for EU, CU, GJ OR GU, then the London session should be your focus, volatility is usually high and most traders are trading at that moment, trading at that moment will help you make money easily because it's packed with momentum.
Also if you trade the American Pairs like USDJPY or USDSGD, then paying attention to Newyork open will mostly be at advantage for you because momentum is higher at that time.
Same applies to trading the Asian sessions too, Asian pairs at Asian open
