a more in-depth look at each of the sessions, as well as those periods when the sessions overlap. Now lets take a look at the average pip movement of the major currency pairs during each forex trading session.
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Local Time, eDT, bST (GMT1) Sydney Open 7:00 AM Sydney Close 4:00 PM 5:00 PM 2:00 AM 10:00 PM 7:00 AM Tokyo Open 9:00 AM Tokyo Close 6:00 PM 8:00 PM 5:00 AM 1:00 AM 10:00 AM London Open 8:00 AM London Close 4:00. The day of the month that a country shifts to/from DST also varies, confusing us even more. . Best Time Doesn't Always Mean Profitable If you're just beginning to trade forex, it's a good idea to proceed cautiously. With volatility comes risk, but also opportunities. Past performance is not indicative of future results. Of these, the most favorable trading time is the 8 AM to noon overlap when both New York and London exchanges are open.
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You want to avoid adding to a position just because you are in profit, ideally you want a price action-based reason to add to an already winning position. A perfect price action trade setup canRead more
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