When to trade fx
What's the Best Time to Trade Forex? | 3 Major Market Sessions 💰
hello traders and welcome back to the
channel today we're gonna be talking
about the major market sessions and when
is the best time to trade Forex trade
currencies trade stocks whatever you
trade we're going to talk about the
different market sessions that might
pertain to wherever you are in the world
and how you might find the best session
for you let's go ahead and jump into it
right now so welcome back ladies and
gentlemen to the channel my name is Nick
I make all sorts of forex related
content here on YouTube for free I do
ask that if my content is helpful to you
give this video a thumbs up down below
it helps you grow the channel and share
this video with more traders around the
world so today we're going to be talking
about the major market sessions and how
to find the best times to trade the
markets now there are well all
timeframes are not treated equally when
it comes to trading Forex there are
different times or different times of
the day that are more volume less volume
more volatile less volatile that sort of
thing and today we're gonna spot some
ways that you can find kind of the major
market sessions now what you can see
here is that when you are pulling up on
trading view I've got trading view
pulled up here and what you'll see is
I've got this little indicator on the
chart and this thing is super super
useful I'm gonna go into detail about
what this sessions indicator will
actually do for you first of all if you
are using trading view and you would
like to get this on your chart it's free
what you can see is I've got this
sessions indicator over here and to get
that I went to indicators this is again
this is something free and just looked
up sessions okay sessions and come down
to here I've got it favorited assess
your sessions on chart by a you rocks
underscore AI F whoever made this thank
you very much this tool is awesome and
you can see if you click on this it
pulls up this thing which separates the
different major market sessions but
before we get any further let's talk
about what those major sessions are okay
this right here in the green is going to
be our London session and the pink here
is going to be the u.s. session
also known as the New York session okay
and so these are your major two sessions
now there is a third one called the
Asian session and this is when the Asian
markets are getting going likewise the
London session is going to be when
Europe is kind of waking up and getting
started and then you have the u.s.
session which of course is when New York
City or the eastern coast in the United
States starts opening their trading
markets usually you know these markets
will start to pick up and volume you'll
start to see the markets move a little
bit as you can see here take a look in
the white in the white this partially
encompasses the asian session and also
just kind of the quiet times in the
markets when the markets aren't really
open and they're not very active and
notice how in the white sessions the
market doesn't move a whole lot right as
opposed to this area which we can see a
big area of movement again on this
15-minute chart here on euro USD we saw
some major movements at this kind of
session area right when the London
session was going as well as the u.s.
session in the pink right we started to
see the market actually get moving and
actually give us some some volume or
some volatility to potentially trade it
if you're an intraday trader this is
really really important to you to
understand hey when are these markets
actually going to be moving so that I
can show up and actually look to trade
right if you're trying to trade anything
in here there's really not too much to
do right because the market is so quiet
and there's really not a whole lot going
on if we kind of zoom back to some other
examples you can see that really during
these major sessions this is really
where we get some major moves you can
see we had a really bullish push here
right during that session we had a
really bearish push during this session
and notice again that during that asian
session or that offf session right when
the markets were quiet we did not really
get that going now I'm not going to
spend too much time about describing
exactly when this exactly happens right
what exact time this is because if you
use this session indicator it's super
easy to look it up now down on the right
hand corner you can see this is UTC
negative four so this is my time frame
right and this will of course be
converted to yours when you're using
trading views so it'll show you your
time and what when these sessions are so
for example to me trading the London
session is not very good because me on
the eastern coast here
if I want to trade the London session it
means that I have to get up at like 3:00
a.m. right so the London session is 3:00
a.m. Eastern it is 8 a.m. in London
so if you're in London it might be a
great time to trade the London session
likewise right it makes sense and if you
are in the eastern coast in the US or
you're in the US this is going to be
during our night time so that's why they
have the New York session the New York
session of course is in the pink here
and that's when things get going in the
u.s. right now the brown in the middle
guys this is where the u.s. session
starts but the London session is still
open and this is really where we get a
lot of heavy volume for the trading day
when this kind of brown section here in
the middle that means that both London
session is active and the New York
session is active right so you have both
of those major markets and both of those
major timeframes active in the charts
and that's why we get a lot of
volatility during that time so if you're
an Android a trader and you like to
trade them kind of big volatility and
you like to trade big Mamu momentum and
movements in the markets your time is
probably going to be looking to trade
during one of these major sessions or at
least when you see volatility in the
market right volatility tends to pick up
again in these major sessions area again
this is a tool that you can get on
Metatrader or sorry not meditator
trading view for free you can put it on
there and you can start to play around
with it now within that once you have
that kind of scoped then you're gonna
have to start looking for opportunities
or you know trading a style that works
best for you so it's one thing to know
when the volatility is but then you have
to say well do I really want to trade
volatility do on it what do I want to
trade continuations of that volatility
or do I want to trade kind of reversals
what we often see is that you know the
London session gets going in a market
direction will push one way and then
sometimes we get a reversal on the New
York and vice-versa right sometimes we
see continuation you have to start
playing around and consider these major
sessions because again this is where New
York starts and where the US markets
pick in or pick up and start up and then
we have again that London session right
so when we have those different market
environments sometimes we get major
pushes off of a kind of pivotal zone
like down here you can see price pushed
off of that structure on the start of
the New York session it doesn't happen
like that every single time but you can
see when those
two markets get going guys that's really
where we start to see a lot of
volatility right so in this particular
case we had a bullish push during the
London session we had a minor
retracement at the start and then
overall got a really big bullish moment
and push on the kind of New York session
so if you're just kind of scroll back
and look at some more examples here you
can see that overall the market
Direction doesn't necessarily strongly
continue or strongly reverse every
single time the same way but what we do
have is that we do have almost certainly
an increase in volatility from that
asian session now some people will trade
during this time frame they will trade
the quieter hours they will find ways to
trade maybe reversals or just kind of
knowing that the market is not likely to
continue very strongly in one direction
you know they might look to short you
know as as price gets long-winded to the
upside or long when it goes down that
sort of thing so that's another way that
you can trade it right so range bound
markets might be a way to trade that
quieter session so again you have to
figure out again using your timeframe
you know what time is this going on if I
want to trade that sort of market
environment and if I want to trade
reversals you know if I want to trade
reversals on a longer-term perspective
or a swing trading session you know your
best bet to get a tight spread is going
to be trading within that major volume
now when we're looking at these major
sessions again we have the asian session
we have the New York session and we have
the London session but which one of
these is the biggest which one is the
smallest well I'm gonna list them out
here in order and we'll put number three
the quietest is going to be the Asian
session okay from a market movement
perspective the Asian session is
typically a little bit quired than the
other two the next one is the u.s.
session this is the second-biggest
many people might be surprised that the
US or the New York session is actually
quieter than the London session and
that's because a lot of the foreign
exchange market activity goes on in
London right so it's kind of the capital
of foreign exchange in some ways so we
have a lot of action going on in the
London session and you can see that
quite often in that green area that
volatility really starts to pick up on
that London session as things get going
it's the first major session of the day
to really start moving and of course off
time's that's where we get that kind of
big big momentum start to the day people
during the the London session you know
London people and UK people and European
people and all that side of the world is
getting to their desk and they're
starting off the trading day and then we
get that again that New York session
coming into play shortly after a couple
hours into the London session the US
people get involved people over in the
North American side of things they start
to get involved with the markets and of
course then we have the Asian session
to finish it off so that's kind of the
overall market movement guys those are
the major sessions if this has been
helpful to you let me know by liking the
video down below I do hope that you know
now you've identified some of the major
sessions you can start looking for this
again you can use this indicator if it
was helpful to you definitely something
to plot on your trading view chart there
might be some equivalents out there for
meta trader I do not use one myself but
there may be some opportunities if
anybody has ideas you can comment them
down below in the video so thanks so
much guys for watching I do hope this
was helpful to you and we will catch you
next time
[Music]
