Forex Day Trading : Mastering the 3 Major Market Sessions

Forex Market Sessions – Introduction
In this lecture, you will learn what Forex market sessions are and why they matter. Forex market sessions refer to the different trading periods during a 24-hour cycle when the market is most active. Since Forex operates globally and is decentralized, volatility and activity levels change depending on the time of day and which financial centres are open. This lecture explains how bank operations in key financial centres, like London, influence market movement, and why price action slows when these centres are closed. Understanding sessions helps traders anticipate volatility and optimise trade timing.

Introduction to the Foreign Exchange Market (Forex)

In this lecture, you will learn the definition and fundamentals of the foreign exchange market. Forex, also called FX, is a global, decentralized marketplace for trading currencies, enabling individuals, institutions, and governments to exchange one currency for another at current or determined prices. This lecture explains how currency exchange works, including real-life examples, key terms such as currency pairs, exchange rates, and market participants, and the role of central banks, commercial banks, hedge funds, corporations, and retail traders. You will also understand why Forex is the largest and most liquid financial market in the world, how it operates over-the-counter, and the role of brokers in facilitating retail trading. This foundational knowledge prepares you for deeper exploration into Forex trading and market sessions.

(0:02) Welcome to this video and in this video we are going to talk briefly on the major forex (0:10) trading sessions. (0:12) So we are going to list and then discuss some of the major features of each of the trading (0:20) sessions. (0:22) So trading sessions are divided based on the global financial ops where significant trading (0:27) activities take place.(0:29) This session, we have the Tokyo session which other traders may choose to call the Asia(0:38) session. (0:40) And this is the time in GMT which this session normally lasts. (0:47) This is the number of hours from 12am to 9am GMT.(0:52) Sorry about that. (0:54) Then the key currency based trading during the Asiais JPY and AUD. (1:00) Focus active trading of Japanese, Chinese and Asian currencies usually take place during (1:08) this session.(1:09) Then we have London session which acts also as the European session. (1:16) So this is the time this session usually takes place, 7am to 4pm GMT. (1:21) The main key currencies of this session are the GBP and EUR.(1:29) Focus high quality, high liquidity and volatility with major European currencies heavily traded (1:37) in this session. (1:40) Then we have New York session otherwise known as North American session. (1:47) The time this session trading session usually takes place is between 2pm to 9pm GMT.(1:59) The key currency based trading during this session involves the USD and CAD. (2:07) The major focus high activity in USD based overlap with London session lead to high trading (2:15) volumes. (2:17) What I mean by high trading volume is simply high amount of currency.(2:23) So in trading you always come across these terms, this is liquidity. (2:32) So this talk about money as well, volatility, this simply means fast, like the speed. (2:41) So those are some of the terms you come across in trading, you should not get confused.(2:46) It's a basic term used in trading. (2:49) So the overlap period of New York session and London session lead to high trading volumes. (2:58) Because the two sessions overlaps for quite a number of hours before the London finally (3:05) leaves the market.(3:07) Then we have last the Sydney session also known as Pacific session. (3:14) So the time for that session is 9pm to 6am GMT. (3:22) Key pairs traded during this session is AUD and then NZD, AUD, AUD, don't forget the Sydney (3:31) is Australia.(3:34) The main focus often seen as the start of the trading day, lower liquidity but still (3:39) active in AUD and NZD pairs. (3:43) So, but for the course of this lesson or this course, I will be laying emphasis alone on (3:52) the three major trading session that I know. (3:58) This Sydney trading session is as important as others but it all depends on the type of (4:07) trader I am and the currencies.(4:09) I really focus my trading on. (4:13) Sometimes, as we go deeply into another topic, you will see some of these pairs can be traded (4:18) during other session as well. (4:21) So that doesn't mean I don't trade AUD.(4:24) If you come to my platform or channel, you see that I trade AUD as well. (4:30) I give this a signal as well. (4:33) But I am not really used to the interval, the time frame.(4:39) Being active and consider that I want to trade Sydney session is not something that I do often. (4:48) So, my emphasis is going to be on Tokyo session, London session and New York session. (4:56) I am very familiar with these three sessions.(4:59) Subsequent topics, we are going to lay more emphasis on those three. (5:05) But this is also important. (5:07) You can take this into consideration.(5:09) You can do personal research to find out more about this because this may be the best session (5:17) for somebody else. (5:20) That is how the trading works. (5:21) What works for you may not really work for another person.(5:25) And what works for another person may not really work for you. (5:29) Or sometimes you can see a trading partner that both of you have quite the same interest. (5:36) Fine.(5:37) So, the most active time for trading are during session overlap. (5:41) Especially between the London and New York session. (5:47) The best trading time.(5:48) The overlap period which personally, why I put this note as the best or most active period. (5:59) Most active doesn't mean I am trading. (6:02) This is the time I hate most.(6:05) London and New York session overlaps. (6:08) I have very high percentage of backtrade during this period. (6:13) So, I just indicated it because it is the time you see very serious volatility in the market.(6:22) But if you are a trader with tight stop loss, if you are a trader with very small rates, (6:29) you don't use to consider big stop loss size. (6:33) You trade tight stop loss, taking entry in this session is very risky. (6:40) But you can take entry in the London or other session and come over to the overlapping period at least.(6:49) Before that time, your trade might have already been at break even or you secured some profit. (6:55) Meaning your entry price is still very far from the active price when the two sessions is going to overlap. (7:05) But to open trade during this period is risky if your stop loss is tight.(7:12) We are going to talk more on it as we progress into the course deeply. (7:18) Thank you. See you in the next video.

Welcome to this video and in this video we are going to discuss on the topic overview of

the four major trading sessions which involve Tokyo or you can call it Asian session, they will have London, the New York session and Sydney. So these are the four major trading sessions around the world but as a retail trader I only focus on these three sessions. So this is the ones the area or the aspect that we're going to dwell or let our emphasis on. I don't want to force anything or stop teaching or giving ideas that I have not practiced before, I'm not really involved in this Sydney, this is basically an Australian session. I trade the currency normally but I consider the currency to trade in this other session. I don't really practice this session or give time for it so we're going to really focus on the other three.

Don't forget where we did the major forex trading sessions. We listed all the four major

trading sessions just as I just introduced which I'm going to dwell on the three. So the

basic overview of that is the Tokyo session which also refers to as Asian session.

The time of this session is 12 a.m to 9 a.m GMT. So what you do, you have to do your

time conversion if you are staying in a different time zone other than this. Do your time

conversion and know when this fall with your time so that you know when to target this

trading session.

The key market is Tokyo, Hong Kong and Singapore markets. Currencies involve

Japanese yen, Australian dollar and New Zealand dollar. So like I said, I don't know much

about Sydney session but I told you guys that I trade the currency during this other

session.

So you can trade Australian dollar during Tokyo session along with these three other

currency pairs and you know combination pairs. So major characteristics include low to

moderate volatility, ideal for traders focusing on Asian currencies, news from JPY, I mean news from Japan, China and Australia impact this session. So what basically that means is that if you bring US dollar to trade in this Asian session, you may not really get a good reward due to sometimes it moves.

But during this session, US dollar or the likes of GBP is going to be very low volatility,

there will be no much movement in the market. So that is what that means. So any

news, also trading this session, news from Japan, China and Australia can have a very big impact in the market during this session.

So when trading, stay focused and be at alert. Check your news and know the time that

the news is going to drop and what type of news. Try to predict the impact on time.Then we have the London session. Time falls between 8am to 5pm, still GMT. So be able

to convert that time to your own zone if you are outside this time zone.

Then the market, key market involve London, Frankfurt and Zurich. Currencies GBP, Euro

and Swiss franc. Major characteristics of this session, high volatility and liquidity.

Many important economic data released occurred during this time. This session overlaps

with the New York session leading to high trade volume. So an overlap in this case

simply means the last few hours of London session, like London trading session or

London banking hours almost always overlaps with New York, like the New York session

banking hours.

Which means the last, okay, when we go deeper into the topic, we are going to lay

emphasis on this. I think we have this as a separate topic. So we are going to lay

emphasis by then.

But just take note of the word for now. Overlaps is the, is the two, is the number of hours or time the two sessions operate together. So that is just what overlaps is all about.

Note it is the busiest session driving significant market movement and trend formations.

Yes, London is one of the most important that is after New York session. It's one of the

most important busiest session.

So you catch a lot of movement in this session. You have to be careful usually forms

trend, which you can take advantage of depending on the strategy that you use to

approach the market. And also in this course, we are going to give you a breakdown of

some of the strategies that works during this session.

Then we have the New York session, finally, which happened to be one of the most, one

of the market session that you are going to see the highest volatility. So the time for this

session is 1 p.m. to 10 p.m. GMT. In order to convert that to your own time zone, key

market, New York, Chicago, and Toronto, currencies, US dollar and CAR are the major

currency pairs to trade in this session.

Then the major futures or characteristics involve high volatility due to economic release

from the USA, overlaps with the London session 1 p.m. to 5 p.m. Okay, we talk about this GMT, creating peak liquidity, often sees reversal or extension of trend form earlier in the day.

We are going to talk more on this as we progress. This is a very important point.

I'll take you briefly to see the psychology behind it, how trade move during the Asian

session, what happened during the London and what happened again during the New

York session. The patterns usually form, we are going to show you the pace on how

these things play out in the market. I'm going to show you trading session indicator as

well.Note, major economic and other announcement from the US example, Federal Reserve

decision have a big impact. Then we have something in news like, news like non-farm

payroll as well play a major impact. And this is the Sydney session, which the time for

between 10 p.m. to 7 a.m. GMT.

Key market involves Sydney and Wellington currencies, AUD and New Zealand dollar.

And these are some of the few characteristics of this market session. So take note of

this.

We are going to take the main three sessions that are normally trade in details as we

progress in the course. So this is an overview on these three sessions. Thank you.

See you in the next video.

Tokyo (Asian) Forex Trading Session

In this lecture, you will learn about the Tokyo session, also called the Asian session, one of the key Forex trading periods. The session runs from 12 a.m. to 9 a.m. GMT (9 a.m. to 6 p.m. local Tokyo time) and sets the pace for the following trading sessions. You will understand the major financial centres involved, including Tokyo, Hong Kong, and Singapore, and the primary currencies traded, such as the Japanese Yen, Australian Dollar, New Zealand Dollar, and Chinese Yuan. This session is ideal for intraday trading due to its moderate volatility, allowing for manageable risk and steady trading opportunities. Practical tips on adjusting the session timing to your local timezone are also included.

Characteristics of the Tokyo (Asian) Forex Session
In this lecture, you will learn the key features of the Tokyo (Asian) session. The session is characterised by low to moderate volatility, making it suitable for intraday trading with manageable risk and tight stop-losses. You will understand how economic news from Japan, China, and Australia can significantly impact price movements, especially for JPY, AUD, and NZD currency pairs. The lecture also explains carry trade influences, session overlaps with London and New York, and the ideal currency pairs to focus on during this session, including USD/JPY, AUD/JPY, CAD/JPY, and NZD/JPY. Practical tips on observing price action, managing trades, and knowing which sessions are optimal for specific currency pairs are also included.

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Best Times and Secrets for Trading the Tokyo (Asian) Session

In this lecture, you will learn the optimal times to trade the Tokyo (Asian) session and the strategies for maximising small, consistent gains. The first three hours of the session (12 a.m. – 3 a.m. GMT) are highlighted as the period with the most activity, ideal for capturing short-term moves with minimal analysis. You will also learn how to trade overlapping periods with London and New York sessions, the focus on JPY currency pairs (USD/JPY, EUR/JPY, AUD/JPY, CAD/JPY), and the importance of monitoring economic news from Japan, China, Australia, and New Zealand to avoid unexpected volatility. The lecture emphasises disciplined trading, using demo accounts for practice, and understanding that while Tokyo offers moderate volatility, it provides consistent trading opportunities for Asian-Pacific currencies.

Market Dynamics During the Tokyo (Asian) Session

In this lecture, you will learn the key factors that influence price movement during the Tokyo (Asian) session. Despite being known for moderate volatility, the session can experience significant shifts due to low liquidity, important economic announcements from Japan, China, and Australia, and central bank interventions, particularly from the Bank of Japan. You will also learn which currency pairs are most active during this session, including JPY pairs (USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY) and AUD/NZD pairs, and how economic data such as inflation, trade balances, and interest rates impact trading opportunities. This lecture provides essential insights for planning trades, managing risk, and understanding the forces driving the Asian session market.

Economic Events and News Impacting the Tokyo (Asian) Session
In this lecture, you will learn how key economic data and news releases influence price movements during the Tokyo (Asian) session. Focus is given to JPY, AUD, and NZD currency pairs, which are highly sensitive to updates from their respective countries. You will understand the impact of Japanese economic releases such as BoJ monetary policy statements, GDP, CPI, trade balances, and industrial production. Chinese, Australian, and New Zealand economic data—including rate decisions, GDP, trade balances, and employment reports—are also highlighted. Additionally, geopolitical events and regional tensions in Asia-Pacific, such as North Korea or South China Sea developments, can trigger sudden market volatility. This lecture equips traders with the knowledge to anticipate high-impact events and manage trading decisions during the Tokyo session.

Economic Events and News Impacting the Tokyo (Asian) Session
In this lecture, you will learn how major economic events and news releases influence currency movements during the Tokyo (Asian) session. The focus is on JPY, AUD, and NZD pairs, which are highly sensitive to updates from their respective countries. Key economic data include Japanese releases such as BoJ monetary policy statements, GDP, CPI, trade balances, and industrial production; Chinese data like PMIs, GDP, CPI, and trade balances; Australian releases including RBA rate decisions, employment data, and trade balances; and New Zealand economic data such as RBNZ rate decisions, GDP, and trade balances. Other Asian data from countries like South Korea, Singapore, and Hong Kong can also trigger volatility. Geopolitical risks in the Asia-Pacific region, including tensions in North Korea, Taiwan, or the South China Sea, may further impact JPY as a safe-haven currency. This lecture equips traders with the knowledge to anticipate high-impact events and understand the dynamic forces affecting price movement during the Tokyo session.

Strategies and Trading Pairs During the Tokyo Session
In this lecture, you will learn effective trading strategies and the best currency pairs to focus on during the Tokyo (Asian) session. The session’s moderate volatility makes it ideal for new traders, offering steady price movements without extreme swings. Key strategies covered include range-bound trading, where you buy at support and sell at resistance, and breakout trading, which capitalises on sharp price moves following economic news or data releases. The lecture highlights the most actively traded currency pairs during the Tokyo session, including JPY, AUD/JPY, NZD/JPY, AUD/USD, and NZD/USD. You will also learn how to anticipate market behaviour during news releases from Japan, Australia, and New Zealand, and how to spot breakout opportunities using recent support and resistance levels. This lecture equips traders with practical approaches to navigate the Tokyo session effectively and capture consistent trading opportunities.

This video explains the best times to trade during the Tokyo session. While the session is generally less volatile than London or New York, specific periods offer higher trading opportunities due to liquidity, market overlap, and economic data releases. The first three hours (12 a.m. – 3 a.m. GMT) are identified as the most active, providing moderate volatility ideal for short trades and targeting one-hour or 15–30 minute candles. Japanese traders are most active during this time, making JPY-based pairs like USD/JPY, CAD/JPY, and GBP/JPY the most suitable for trading.

Economic news from Japan, Australia, and New Zealand can cause sharp, dynamic market moves, particularly between 12:30 a.m. – 4:30 a.m. GMT. Traders must monitor key releases such as Bank of Japan announcements, GDP, CPI, and employment data to avoid unexpected spikes.

The video also discusses mid-session (3 a.m. – 6 a.m. GMT), when volatility decreases and range-bound strategies become more effective. Additionally, the Tokyo session overlaps with London between 8 a.m. – 9 a.m. GMT, increasing liquidity and producing strong market movements, visible in candle size and momentum.

The lecture emphasises discipline, careful planning, and observing price action to optimise trades during the Tokyo session while avoiding greed or overtrading.

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Welcome to this video, in this very video we are going to talk on the London trading

session so in the previous section of the course we talked on Tokyo session, dynamic on

the market, what influences Tokyo session, the best time to trade in Tokyo session, then

the strategy to use and we even spread out the time interval and activity you should

expect during the Tokyo session so that being said from this very video we are starting

London session, so this is the second session that we are touching since we start the

course so the London trading sessions is one of the most important period in the global

foreign market responsible for the highest trading volume and liquidity, this session

could coincide with the opening of European financial market primarily in London which

is the largest financial hub in the world. Activity and liquidity, the London session is

known for having the most significant trading volume of any session due to the high

number of institutional participants that is banks, hedge funds, corporations and

individual traders all participate heavily during this period. If you assemble retail traders

around the world and try to interview them with a question of which trading session do

they partake on most, I'm very sure 70 to 80 percent of the traders are going to tell you

the London session, so this is the session that almost majority of traders partake on, so if

80 percent or 70 percent of retail traders join forces with banks, hedge funds,

corporations, so you know what that simply means, London session is one of the most

busiest trading session around the globe, this results in high liquidity which make it

easier to enter and exit trade especially for major currency pairs like EU USD and green

peaches parts USD, so during this session this is the major currency pairs you should

focus or channel your energy on, these two pairs really make a remarkable impact,

serious movement with high increased volatility during this trading session but

nevertheless there are other currencies like the euro, canadian dollar which you can still

trade during this session, green peaches pounds, AUD can still move during this session,

then we still have pairs like euro, AUD can still move during this session and so on, but

this is the center point, these two currencies does a lot of work during this session, you

can make a lot from it because there is always a remarkable movement, volatility

between these two pairs, so the session as the London session typically set the pace for

the entire trading day, many trends either begin or extend during the London session

especially as it overlaps briefly with the Tokyo session and later with the major session,

so this trading session overlaps with two other major sessions around the world, I

showed you guys the overlapping period of Tokyo and London and it was basically three

hours of overlapping activity, I took time to demonstrate the activity that is always on

and the currency and the length of the candle, why this other candle is more bigger than

the previous during the Tokyo session, so in that case let's see if, let me see if we can

demonstrate or if I can show you guys the overlapping period between the London and

New York session as well, so I just added the market session indicator, I was waiting for itto come up, so over here in my time right now is 11 pm GMT, so basically New York

session has gone to my blink, but this is the overlapping period between London and

New York session, it's quite number of hours 1, 2, 3, 4, almost five hours, London

overlaps with New York, so you can imagine the trading volume, the trading activity that

is going to go on after this period, you can see obviously after this overlapping period

between these two sessions, what happened next was not that serious, this is the

remaining of the New York session outside London trading session and this movement is

not that reasonable, 1, 2, 3, 4 candles, this session closed, but you cannot compare that

to the price movement during the overlapping period, so that is the overlapping period

between London and New York and also this is the overlapping period between the same

London and the trading session, it's almost three hours, 1, 2, 3 candles, so London

session is one of the most important sessions around the world because it overlaps with

other two major sessions in the world, so that is up on that news statement, so we go

back to what currency price actively traded during London session, the London session is

dominated by currencies like, with currencies linked to the European market, the most

heavily traded currency price are, so this is what you should expect during London

session, or this is what you should lay a focus on during London session, UnionUSD, W2s

bound USD, which I listed as the two major policy pairs during this session, it does

remarkable things during this session, so if you want to dwell or trade on this session,

this is the two main pairs you should focus on, then we have EU W2s bound, then we

have EU JPY traded during this session as well, this pair can also trade during Tokyo, we

listed it as well, W2s bound JPY, yes, this can trade during Tokyo as well, and I talked

about that as well, what I mean, this can trade during Tokyo, simply with this pair, you

move to where, during the Tokyo session as well, you go to the exit session, you check

this W2s bound JPY, and you just see a kind of sluggish or consolidated movement in the

market because it is not the session, so the volume of trade executed is not much, then

we have the USDCHF, I switched from, it is one of the, this is some of the currency pairs

to focus on during the London session, so you have to take note of that because, what

kills most traders is not knowing which currency pairs to trade at a particular time, fine,

we hear that the market trades 24 hours, but the situation you execute a trade, open

trade, trade will run for like 4-5 hours and you cannot even make up to 20 bps, so that is

not a good trade, that simply means you don't know what you are doing, how can you

execute trade 3-4-5 hours and trade cannot hit the TP or target of 20 bps only, that

simply means you have opened that trade or that pair at the wrong time, so always

know the right pairs to trade at a particular session or a particular time, so that you

won't end up staying too long in a single trade, additionally commodity linked currencies

such as AUD, USD, USDCAD are also actively traded during, due to the strong global

presence of commodity market during this period, so this is other two currencies that

you can find in the session, interesting, AUD, USD and USD, Canadian dollar, overlap

with the media session, so we talk about that, this is some of the impact of London

overlapping with New York, I show you guys how the candles move, the impact, the

volatility, how long was that candle compared to when the overlapping period withLondon end, the other 3 hours candle that formed was not that interesting, so this is

some of the futures, highest volatility, highest volatility in the global trading market is

found during this overlapping period between London and New York, highest liquidity

also happened during this overlapping period, highest liquidity, liquidity in trading is

simply money, whenever you hear liquidity, you hear volatility, all of them are talking

about money, money, money, because we are dealing with financial, financial market,

sharp price movement, we also see sharp price movement during this session, I show

you guys, this is the overlapping period, you can see the movement is very sharp, the

candles are strong and poor, so this is what interested me, the story actually we

emphasize on, but the fast movement, you have to be careful because the previous day,

this is also the overlapping period, so you can see what is happening here, these

shadows, this week, right here, this is something that you can hardly see during the

Tokyo session, that's why I say Tokyo session is the best for new traders or if you don't

know what your handling emotions during your trading, because you hardly see this kind

of thing in Tokyo session, let's assume at this red candle close, you jump into this trade

to buy, place a stop loss, tight stop loss over here, so you can see this pie that occurred

here is going to keep you out of the market, at the end of the day, the market still buy,

so this is the effect of this fast movement in the market, everything that have merit also

have demerit, so you have to always consider your entry very important, so that you not

fall victim of this stop loss haunting, and this stop loss haunting is very common and

basically found during New York or London session and New York overlapping past, so

that is basically a brief in a narration of London trading session and I hope you guys have

learned a little bits of something with personal research and safe development, thereby

it's going to be a bit helpful, see you guys in the next video, thank you.

(0:02) Welcome to this video and in this video we are going to talk on the topic Characteristics (0:09) of London Session. (0:11) Don't forget we are still on London Session, we are talking about London Trading Session (0:17) now. (0:19) So, after what we just did by briefly introducing the session and some of the, you know, impact (0:26) and expectation some of the currency players to trade during this session, it's good to (0:34) know to spell out some of those important features or characteristics, though we have (0:41) already talked about some of these things that we discussed here already, but there is (0:47) need to still spell them out separate like for you guys to know how important (0:56) it is.(0:57) So, one of the characteristics or expectation during the London Trading Session is high (1:03) liquidity and we took time to explain this why high volume of currencies are traded (1:11) during this session. (1:13) London is a global financial hub leading to significant liquidity during this session. (1:19) So, major banks, hedge funds and institutional traders as well as middle traders partake (1:26) in this session.(1:28) So, it's one of the most biggest, in short, it is the biggest trading session as long (1:35) as financial market is concerned. (1:38) Then I also talk of high volatility. (1:40) High volatility is simply those sharp movements that took place in the market, like the price (1:47) movement is always fast during this session, during London session, the price movement (1:54) is always dynamic, it's always fast, so you have to look out for it, that is one of the (1:59) features.(2:00) As market participants from Europe and US overlap, price movement can be largely especially (2:06) during economic news release and data announcement, so you can always expect a high volatile movement, (2:16) dynamic price movement during this session, mostly if there is economic news release. (2:23) Don't forget the channel I told you guys to be going to check for red folders or expected (2:31) news before you resume your trading day, so one of those channels is Forex Factory, I (2:40) wish I can type that, network doesn't allow Microsoft to show, but I already listed the (2:53) website at the beginning of the course, so if you just sit down, you can make reference (3:00) or just refer to the, it should be first from the section to this introduction, that should (3:10) be among the first two or three new topics, so always go to www.forexfactory.com to look (3:22) out for red folders or news expectation, so that you know how you trade your market or (3:31) where to place your entry or where to place your stop loss. (3:37) Major Financial Center, London accounts for a significant portion of global forex transactions (3:43) with almost 35% of the world's forex volume flowing through its market, so globally if (3:50) 35% flow through this session, that means the rest part of the world share the rest 65%, (4:01) so that should tell you significant, how significant or important is London session.(4:11) Active market, due to the large number of participants and overlapping session, (4:16) price trend often develop or continue during this period, making it attractive to trend (4:26) traders, so I'm one of those trend traders that I'm talking about because (4:32) that is one of the major strategies that I use to approach my market, though I know how to trade (4:41) the smart money concept, but the smart money concept, you know strategy actually takes a lot (4:47) to achieve, it takes a lot of time for your setup to come into play, you need to see confirmation (4:59) that there is a good trade, it takes weeks depending on the time frame that you are using (5:04) to approach the smart money concept, so I usually tend to switch to this trend in order for me to (5:15) meet my profit challenge on time or within the required number of days, because on profit (5:24) set specific number of days is used to meet the challenge, so trend line gives me the edge to go (5:31) into trading anytime that I want, so some of this trend development is due to fast and dynamic (5:42) movement during this London and New York overlapping period, so those are some of the (5:52) features or you can choose to call it characteristics of London trading session, (6:01) so while engaging in this session, please bear these features in mind so that you will not have (6:09) yourself to blame with your funds. Thank you, see you in the next video

Welcome to this video and in this video we are going to be talking on the topic time to

trade london session time to trade the london session is our topic in this very video time

and time zone and duration london session open hours 8 a.m to 4 p.m gmt so like i said

during the technique if you are not staying if your time zone is not gmt then what you

have to do is to go to time you know converter you can just use google just input gmt 2

then you put your time zone be able to convert this so that you get the time right and

know when each of these session falls time zone so 8 a.m to 4 p.m gmt is the main the

basic time interval for london session excuse me eastern time 3 a.m to 11 a.m eastern

time overlap with other sessions london overlapping with new york session is between

12 p.m to 4 p.m gmt london interview session overlap it is 8 a.m to 9 a.m gmt small

overlap most of you but still important so you have to take that into consideration pay

attention to this detail it's going to help you a lot to make an informed decision you know

while executing your trading skills gradually i know you can't just master all this in a day

but being you know consistent is going to help you guys a lot if you want to make

anything out of financial market trading you have to be consistent in the chart i can tell

you for free the past four years the only day i don't open my chart is some saturday(s) not

all saturdays some saturdays on sunday i must open chat because i have to review the

market before the new week market open so monday to friday saturday some saturdays

and then sundays i'm always on charts with the consistency is going to help you to

master some of these things on time and always carry the information along with you

wherever you find yourself so that is all on time to trade the london session see you in

the next video

Welcome to this video and in this video we are going to be talking on the topic most

active trading currency pairs during the London session. Most active trading currency

pairs or traded currency pairs during the London session. So this is one of the mistakes

that a lot of retail traders usually make.

You can't just wait from the comfort of your bed. Then you just analyze any pair and

enter the market and start trading. I think I said something about this briefly in our

previous topic.

In the situation that you stay in the trade 24 hours or stay in the trade 5, 6, 7, 8 hours

and you can't even secure 20 to 30 pips profit. That simply means you have entered a

certain pair at the wrong session. Because you should be very aware that if you trade

EURUSD during the Tokyo session, you can't possibly expect serious movement from this

pair during the Tokyo session.

At the same time, you can't really trade, let me say, you can't really expect a serious or

much movement from pairs like CAD JPY, EURJPY, EURJPY during the London session.

It doesn't mean it's not going to move. Sometimes it moves perfectly well but I think that

is invalid trading because there is a slight chance that you are going to stay on that

trade for too long.

Because someone like me, the kind of trader that I am, I don't really stay long in a

particular trade because I do my timing properly, I enter the trade at the right time,

collect the number of pips that I can, 20, 30, 40, 50 and I'm out of the market. So many

traders, retail traders usually just analyse any pair at any time and decide to trade which

is not really okay. Financial market is very tactical and not critical.

You have to know how you approach and this detailing is very important. You have to

pay attention to it. So the London session is characterised by heightened activity in both

European currencies and major global pairs.

Some of the most traded currency pairs include during the Tokyo session, we list the

pairs that you need to trade during the Tokyo session. Those that trade the pairs you

trade see a profit easily and leave the market if you get the analysis right. So on the

London session strategy, this is some of the pairs to look at during the London session.

So EURUSD, the most traded pair driven by economic activity in both Europe and the US.

So trading this during the London session, we are going to move properly, except they

just decide to play or manipulate the market that very quickly. So we have the GBPUSD,

GBPUSD highly active during the London session as the British Pound is a key European currency.

We have the USDJPY active due to carry, trade and risk sentiment, especially during the

London-Tokyo overlap. So as stated clearly, London and Tokyo session overlap usually

lasts a certain number of hours. Let's see if we can remind ourselves that I don't want to

only talk about it theoretically.

Let's see for the sake of some people that didn't pay attention when we explained during

the Tokyo session. So let's see how many hours Tokyo session usually overlap with

London. So I'm going to use one hour time frame so we can see that properly.

You know, using one hour time frame, that means each can take one hour for one, two,

three, four, five, five hours. So the overlapping period between Tokyo and London is five

hours. So that overlapping period is the best way to deal with it.

Then we have the USDCHF. I don't trade this regularly, just occasionally. The USDCHF is

considered a safe haven currency after moving with risk sentiment.

It is one of the best as way to trade during the London session. Cross-currency face,

EURGBP is one of them. EURGBP is one of them and this also can go during the

overlapping period between Tokyo and London session.

That five hours you can go into this, you will get serious volatility to make good profit if

your technical is right. Then we have GBPJPY as well. You can trade this currency during

the two sessions.

You will see the high volatility in the market during Tokyo and London because we listed

this and this during the Tokyo session as well. So the two sessions you can trade this. So

then GBPAUD as well as EURAUD.

So those are the currency pairs to really look at during London session. Anything outside

this, you may likely end up staying too long in the trade or you may likely get unlocked

and decide to play liquidity sweep by trading week. If you are trading at the wrong

trading week to play people out year and day.

So when you want to trade, make sure you know all this detailing at hand. Secure this

detailing handy. This is not something you should consult the material before each

trading day.

You have to try as much as you can to master it and know which page to trade at a

particular session and certain time interval. So that is all on the most actively traded

currency pairs during the London session. See you in the next video.

Thank you.

in this video we are going to talk on the topic strategies that works during London trading session, strategies that works London trading session. So we are still on London trading session and in the previous two videos before this very one, I introduced the London session then some of the key features or characteristics of London session, those high impact events or things that cause a shift in price or movement in the market during this session. So in this very video now we are going to try to bring some of the

strategies that I usually trade during this session and don't forget this is what I use, this

is my strategy and sorry this is the strategy that I adopt to approach the market during this session so it doesn't really mean that other strategies are not okay or are not good or deliver the expected results.

Like I said initially every trader have their own approach and the strategy they use to approach the market. So what works for me may actually not work for another trader but everybody at the end of the day is going home with their own personal or individual results using a strategy that is perfect and okay for them. So popular trading strategies during the London session.

Breakout trading. Due to the session's volatility, traders often look for a breakout from key support or resistance zones. So as we talk we are going to approach the market also to see how we can demonstrate and show you guys what these things really mean.

So I'm going to clear this. So the number one strategy I usually use is the breakout trading strategy and this involves two things. Either price breakout of resistance zone, so if you don't call it resistance you can call it supply or you see price breaking out of support zone or you can call it demand zone.

Then the third scenario that the price usually break is trend line and we are going to discuss all of this in this video. So the breakout section is simply where the place that there was demand and supply. So what that means is that, don't forget when you hear of

supply or resistance as you may choose to call it, it's a situation like this. And the perception over here right now is anytime price come into the support or resistance zone it tends to reverse and change direction. So one of the strategy is the breakout just as we listed, the breakout strategy is a scenario like this. You have fixed, you have resistance. So this is the resistance, resistance or you call it supply zone, you can use it

interchangeably. Then we have here support or demand zone, we have the support, sorry about that, we have the support or demand zone, this is also support or demand zone, but let's work with just these two. So what I'm doing now is typical support and resistance in the market, this is how it looks. Do this one give double confirmation because it comes with a double top, but this is not based on real analysis, I'm just doing illustration. So breakout strategy, like I said, the concept here is that whenever price come into the zone it tends to change direction. So the strategy I'm talking about is a situation that price come and take note because price will respect this zone, it doesn't mean it cannot be broken, it's just a matter of time. When it is right time to break the zone, it will certainly break. So in that case, that is typical what we are looking for, situation price will break, this zone will test, then I'll take my entry. So why I don't always advise to take the entry at this phase impulse? Price impulse wave is that before you realize that that was a real breakout, price might have already gone far.

So in this case, because I'm recording this video right here on a Friday, if on Monday when the market opened and the price broke out of this zone, you may not likely know it's going to be too late, you can't jump into the trade at this point. If at all you knew this

should have been a perfect entry, let's assume price is going to return at this point, so this should have been a perfect entry right there, but because no one really knows, except you carry out a clear analysis using your own strategy to see what is going to

play out. So let's assume price is going to bounce here, then come down, break this zone and continue coming down. You can't stand at this point and enter, take a position, your stop loss is going to be either too big or you are entering a very risky trade that you may likely kick out and the price will still continue to go down just as you expect. So I don't really advise this phase wave. So what basically happens is that once the price break out, once the price break out of this zone, it's going to look for a possible resistance or support which will depend on the direction or you can call it key level in this case. So price is going to look for any possible close key level. Then once price hit the key

level, it's going to bounce, return back. So the return back that the price is going to, is going to retest the area that the price broke out of the structure or the key level zone.

So price is going back to retest the broken point exactly. So after that, so here is a perfect place for you to take your sell entry and it's optimum trading entry. So that is

very perfect and taking entry here, your stop loss is going to be reasonably tight. So your risk you are facing on the trade is not going to be much compared to when you stand at the dead position when price already moved from this level, broke out of the

zone. So after the pullback, the second impulse wave is always the best place to take your entry. But don't quote me wrong.

If you see a good entry with this price impulse wave, fine, you can still trade it successfully depending on the strategy you are trading. If you can find a good entry, good for you. But personally, I don't take that kind of risk.

But when the price broke out of the zone and I'm beginning to find entry, I jump into the trade instantly. This is where I always wait for price to pull back, then I take my entry, I secure number of pips that I want depending on my trading plan on the second impulse wave. So this is the first impulse wave, a pullback, then second impulse wave.

So that is what the breakout strategy looks like. Then we have the trend following, then we have the news based trading, range trading. So I trade this today, I trade this, sorry, this news based trading, I trade the NFP.

NFP is released every first Friday of the month. The number, the data released usually affects the USD, either the USD is going to gain or win. But let's talk on this now. The trend strategy is simply a situation like this. It's almost similar to what we just did.

But in this case, it's not a situation of demand and supply anymore.

It is a situation like this. Price was going up. So as the price keeps going up, you have to extend this trend line. So what we are looking for basically is a breakout. And this is a similar situation too. I'm

just doing rough analysis for the sake of the lesson.

When I'm going to add a typical case study, you guys will see how each of these strategies work because I'm going to deploy all of them. So you see the price, look at

this. This is the closest zoom, which I said earlier.

This is the key level. So price hit the key level, make it pull back. Let's see what is going to happen next. We should expect a sell. So this is the broken region. It should pick up.

This is the broken region. So we may expect further pull up. Also at the same time, price may not come up again because this is also the broken structure.

So price already entered. But we may also see a pull up to this level once the market opens next week. So during the Tokyo session, you can see a surprise movement into

this level before the sell continues.

So this is what the trend following strategy simply means. So once the market or the price is on the uptrend, the most valuable trend is the higher low. This doesn't really

make sense because trend is uptrend and this is higher high.

So if the price break out on the higher high, it simply means it is still uptrend continuation. It doesn't really make sense. I don't know if you can follow me. It doesn't really make sense because already it is uptrend. So if the price break out is still uptrend continuation. So what we are looking for is the higher low, which simply means once the price break out of the trend, that means there is a change in direction.

Hence, they need to look for a sell opportunity rather than buy. So that is what trend following strategy simply means. So let's go back. News based strategy. This is basically for professionals. We have to be careful. So this doesn't really involve much analysis. It's basically, let's assume, like today I told you guys, was NFP, that is non-farm payroll employment claim in the United States every

month. So this strategy is simply, if this month's employment claim in the United States if the figure this month is higher than the previous month, what is going to happen to the U.S. dollar pace like G.U., E.U. and the rest. Or if last month is greater than the present month, what may likely happen is the U.S. is going to gain or is going to weak. So with that, we are going to use that figure to determine the trading direction based on news alone. So one thing is that once the news drop, we allow the first spike to take place. After the spike takes place and then we pull back, you can now enter the trade based on the news release and data that you have gotten from them. You can easily know what is going to happen to the U.S. pace. What that means is that you have to already have all the things that you need handy. Meaning, you have to already set that if the figure is going to be higher than last month, what should you do? What do you expect to happen to? Let's assume you are trading G.U. What will happen to G.U.? Or you are trading E.U.? What will happen to E.U.? If the figure is higher than last month, or if the previous month is higher than the recent month like today, what exactly do you expect? Is the U.S. going to gain? Is it going to drop? Or

is it going to win? So you have to have all those things handy. So that when you get the figure, you know the direction that you are going. So basically, that is what news trading is all about.

Then we have the range strategy. Don't forget, we are dealing with strategies that works during London session. Then we have the range trading strategy.

When markets are quick, a range bound strategy can work well, especially during the early part of the session. So we talked about range bound strategy in the previous topics during Asia session and the rest. I told you, this is the strategy that I trade.

So most of them repeat in all the sessions. There is no two way about it. So the range bound strategy is If I cannot see the speaker, I am going to use the plain background to do the illustration right away.This is what range bound strategy simply means. So when they say something is range bound, it simply means when it goes up, it jams the resistance. When it comes down, it jams the support.

So let's assume range is going sideways. We call it range or price accumulation. So range bound strategy is let's say I am looking for a possible way to explain in order to be very common.

So let's say this is our support right here. And the upside is our resistance as usual. But the range bound strategy is simply means let's assume price was coming from the upside.

Let's assume price was coming from the upside. It simply means when the price enters resistance zone, you sell. When price gets to support zone, you buy. When price gets to resistance zone, you sell. When price gets to the support zone, you buy. Continuously like that until you see a value break out. So that is what range bound strategy simply means. So this is a sell zone. This is sell zone price move up the resistance then bounce. This is a sell point. This is a sell point. You have to be careful when trying to support some of this new strategy like on the chart.

I can't really see a range err a range trade on this chart right now. I would have used a

typical chart example to show you guys. I don't want to deal this way.

The video will not be too long. When the video is too long, it's always boring. So this is

basically what the range bound strategy simply means.

Most times outside those strategies that I listed which I practice I usually use the smart

money concept also sometimes to help my trading set up an entry during the London session. But this is the most typical strategy that I use. I have listed all of them in this video.

I believe this will work for you. I have illustrated all of them practically. All you have to do

is go back to your chart environment. I don't know which platform you use to analyse your chart. You can see I am using

trading view. Try to see how you can practice all these four strategies. You should deal with these three first. 1, 2, 3 You need time to study these more. So you

try to illustrate them live on chart then use the demo account to practice them in each of

the sessions.

You have to practice them when you feel that you have confirmed each of the strategieswhich one is really working properly before you can now go live to trade your account.

So that is all on the strategies that works during the London trading session. See you in

the next video.

Thank you.

Welcome to this video and in this video we are going to talk on the key economic indicators and events affecting the London session. Key economic indicators and events affecting the London session. So what does this topic really mean in a layman terms or layman understanding.

Every field, every professional in life have their own terms that are not really understandable to a common man. So I need to break this down for the sake of new traders. So this simply means things that always cause unexpected movement in the market. What are those activities that always cause unexpected moves. Sometimes you have analysed your chart on a particular period during the session. You may analyse and see

sell. You are very very sure with the bearish trade that you know you want to take or you just take entry. But all of a sudden price reverses and starts buying. So sometimes those moves are not ordinary.

There are things like news that just come in, economic activity that just cause that sudden price change. That's why you should keep your credit for it like the currency pays. You need to pay attention to economic news and news coming out from the country that possess or use the currency that you are trading recently or currently. So the London trading session is one of the most significant trading period due to the concentration of financial institution liquidity and overlapping trading with other sessions. Several key economic indicators and events influence currency movement during this session. Number one, Bank of England announcement. So what are the types of events or activities from the Bank of England can suddenly cause or have impact or change sentiment in the market during London session. Number one is monetary policy decision. Decision regarding interest rate quantitative easing and other monetary policy measures directly after the British Pounds. Changes in the Bank of England's stand can lead to significant volatility in GBP space. Particularly GBP, USD and EUR GBP. So that is the number one thing or decision or activity that can cause a sudden change in price movement during the London session monetary policy decisions.

So the second one is inflation report. The Bank of England outlook on inflation and economic growth plays a crucial role in shaping market expectations and can impact GBP movement. So the number two key economic indicator can come from UK economicdata released which include the GDP data, the consumer price index. Almost all the countries have this. So even with the USD pay, you should respect this. I think this is always okay. I will check the table. It's always like the UNFP. I think it is released every month. Consumer price index and employment data just like the one I told you guys are traded today the NFP. So those things happen in almost all the advanced countries. So these data, not some of them, all these can cause a shift in market sentiment or market movement.

This can change things unexpectedly. Price, let's assume you wanted to sell. You have seen, analysed the market accurately that the pay is going to say but all of a sudden you start seeing a very serious bull run. Just know that something might happen. One of these key economic indicators or events can cause that. So pay attention to all those. Then we have retail sales. UK retail sales figure provides insight into consumer spending and economic health. Strong retail sales can bolster the bounce.

European Central Bank announcement. This is the third area or setting that can cause a sudden shift in price movement during the London session. One of the events coming up from this session is coming up from this European Central Bank is interest rate decision economic outlook report. So you have to look out for this. That's why I advise before you enter and start your trading days, make sure you go to this website to check the rate folder for the day. But there are other platforms as well, which you can use to also get updated with a financial or economic news.

I think it should be www.dailyfx.com as well and so on. But if you ask me the one I'm using, this is the one I'm using. Yes. And also as well sometimes I upload this in my telegram channel. So you can just follow

the free channel to do this. Or you can get me direct. If you stick to this channel, you certainly see my handle. But this is my direct handle. Just

in case. So sometimes I upload all these events before the trading week starts. So any of those, you get weekly updates about economic events I release. Do to check for the whole week so that you know everything that's going to happen beforehand. So the number four on the list of events or indicators that may affect price movement ora change in price movement during longer sessions is European economic data release.

And events coming up from that area is Eurozone GDP, CPI and PMI data. German economic data. The number five, we have market sentiment and geopolitical events. So Brexit development news related to Brexit imposition or trade agreement can create volatility in the GBP space, particularly GEO and EU GBP. Global geopolitical tensions, economic

sanctions or instability can influence weak sentiment affecting the GBP and EUR. So basically those are the key economic indicators and events that usually cause a shift in price movement or change influence the market decision or direction during the lockdown session. So before you start your trading day, make sure you enter those platforms that I gave for economic events or news updates. To get updated any day that you come across any of these events or indicators that we are listed in, then you have to mind how you trade if you don't understand it.

You understand and you can forecast this and know the direction that the news is going to affect the currency pace to before you can trade the news. If you don't understand each of these or the ones you don't understand, the direction is going to affect the

currency pace. It is always advisable to stay away. I recall when I started trading earlier, in the first one year or two years, I was told to avoid trading during the news days. So whenever I see, don't recall, we have that platform Forex Factory. If you go there, you will see news that have red folder. Then we have a brown folder if I'm right. Then we have something like orange folder. So this color of the folder is according to impact of the news. So the red folder carry the highest impact. So whenever I see a red folder, you have to be very careful because that is high impact news. Then when you see the brown, so that is just like a neutral. The impact is not going to be much and is not going to be too slow as well. Then we have the orange folder. Orange folder does not have any negative effect on price movement. So take note, take all those key details into consideration. It will definitely help you. So that takes us to the end of this video. See you in the next topic. Thank you.

Welcome to this video and in this video we are going to be talking on the topic, impact of European market news on currency movement during the London session. I told you

guys that London is one of the most busiest trading session in the world. It's bigger than

the Asia.

The trading volume during the London session is higher than the Tokyo, is even higher

than the New York session. Like New York session has a single trading session, not the

overlapping, you know, has. So that's why the topics that we discuss under it are very

much, you know, large and wide compared to other trading session.

Impact of European market news on currency movement during the London session.

European market news has a significant impact on currency movement during the

London session. The reaction to economic releases and geopolitical development can

lead to substantial volatility and price shift in major currency pairs.

So economic events release, geopolitical development can lead to volatility in the

market. So economic release, we talk of like those unemployment or employment data

then the GDP, CPI and the rest, geopolitical development like the time, okay, I think the

UK did election last, is it last year? Yes, UK did election last year. So during that election period, the political sentiment and development usually affect the British pound

movement.

it can increase or decrease volatility depending on what the news is all about. So

that's what that simply means. So here is how different types of news influence currency

movement.

Economic data release, GDP report, strong or weak GDP growth. Figures from the

eurozone or individual countries like Germany or France can lead to immediate reaction

in the euro and related pairs. Positive growth generally strengthens the currency while

negative growth can weaken.

We talked about this, I explained this earlier when we started to talk about some of

those things that usually affect the session earlier. So this has really spanned out. So

positive growth, GDP growth, if the GDP growth is positive, then it's going to strengthen

the currency.

The currency is going to be strong and have more value. If the growth is negative, then

the currency is going to be weak. How do we have positive and negative growth? If the

data release, the previous release that they released the figures was higher, let'sassume the previous release was 200 and the current release is 100.

So that's a decline. That's a decline. If you put that in a kind of quadratic graph or put it

in a graphical form, that is a drop.

So when it happens that way, that means that's a negative growth and the currency is

going to be weakened. But if, let's assume the last release was 200 and the current

release is 300 to 400, it means that the GDP is going in the right direction. It keeps

growing.

So that's positive growth and the currency is going to have a positive growth and

strength and the currency is going to be strong with more value. So when it happens like

that, depending on what it is, it may likely affect the euro as a currency and related

pairs. So when you mean by related pairs, it's currencies like euro-USD, euro-JPY, euro-AUD, euro-Canadian dollar, etc.

Next is inflation data, CPI. Consumer price index release inflates expectations regarding

future monetary policy. Rising inflation might prompt speculation about interest rate

hike, boosting the euro while lower inflation will have a bureaucratic effect.

Then we have unemployment, I mean, sorry, employment data. Employment statistics

including unemployment rate and job creation figures providing insight to economic

health. Strong employment data can lead to currency acquisition while disappointing

numbers may cost the ground.

So I took time to spell out all these things and I believe all of them are self-explanatory.

I'm just adding up to the few things I think is necessary or break this down. So that's self-explanatory.

We have talked of all this already, GDP, inflation, employment data. Almost all the

countries have this. Almost all the trading sessions have this.

Even two-year session we talked about it. So while trading each of the sessions, pay

attention to all these releases because it's going to have positive or negative effects on

the currency you are trading depending on the session. Then we have trade balance

figure. A trade surplus typically strengthens the euro as it indicates higher demand for euro goods. Conversely, a trade deficit can weaken the currency. And number two, we have central bank announcement which can come from interest rates, monetary policy

statement, etc.

In the political event, we talked about this in the just concluded video and I laid

emphasis of economic, I mean, a political sentiment and development can have impact

on the currency either on the euro or on the British Pound depending on what thesituation is. We determine if the impact is going to have on the currency is going to be positive or negative impact that may lead to either growth, strong, unvaluable currency or a decline, price loss in value. Events such as election referendum or political unrest can create uncertainty affecting currency stability.

A stable political environment tends to strengthen the currency while uncertainty can

lead to depression. So, those are some of the impacts of the European market news on

currency movement during the London session. Take this into consideration.

Always visit your red folder or always visit your news economy release platform to

consult them every week before you begin the week trading. So, you should visit those

platforms on Sundays before the market even opens on Monday morning at the same

time or before you resume your trading each day. Visit those platforms to see news

expectation.

I don't know how other platforms, you know, arrange or outline their news but I strongly

recommend Forrest Factory because Forrest Factory highlights those news very easy for

you to understand. Even if you don't stay to read the details of the economy release or

upcoming news, at least you know that red folder means high impact news on the

currency pay or on the session. Brown folder means neutral.

It's just like a middle man meaning the incoming news will be neither strong impact or

weak impact. Simply mean it will not be too slow or it's not going to be small impact. At

the same time, it's not going to be that high impact on the session or on the currency

space.

Then we have the yellow folder which yellow folder means cannot really move the

market or the price movement much away from what a normal market condition should

be. Meaning, if your analysis was right, if your technicals was on point, your trading entry also is on point with a good risk to reward ratio. Then an orange folder news is coming up.

You can continue your trading successfully without fear and panic because the outcome

of the news may likely follow the usual market sentiment the way it's supposed to be

normally. So, thank you. That is all on London session or in this very video.

See you in the next topic. Thank you

welcome to this video and in this video we are going to talk on the topic peak trading hours and optimal times peak trading hours and optimal times for London session so we are still dealing with London session till now in this section of the course just as I stated earlier when we started the course when we are introducing the course title I made mention that London trading session is the most busiest and the biggest around the world or the trading session or centers around the world London session is the biggest because the volume of trading executed during the London session is quite wide. It's a wide margin compared to many sessions around the world. I also stated that London session alone occupy 35% of the trading volumes executed around the financial market around the world.

Then the rest trading session took the remaining 65% So London session alone taking 35% shows that the session is very busy and there is a lot going on there because almost all the retail traders around the world target London session as their main trading session. So the London session is characterized by specific peak trading hours when market activity and volatility are at a high . So in this topic or this video I am exposing to you guys the best time for you to go into trading if you are a London session trader.

At the same time please this is personal observation. Also you have to trade with caution because just as we know everything that have advantages also have disadvantages. Advantages is that if you execute trade during this time frame you are going to see a serious movement and you are not going to stay long in the trade because if you are targeting an average number of pips as your target you will execute your TP hits and you will leave.

At the same time the risky aspect is that it is very difficult to trade tight stop loss under these hours because the volatility The way price move, the way the market through wicks around stop-loss hunting during this hour is very risky, so trading tight stop-loss under this time frame I'm going to give you is also risky, meaning you have to be very good with your entry point. You have to allow for stop-loss hunting, you have to allow for liquidity sweep to end before you enter or another way is for you to expand your stop-loss pips a bit wider in order to be safe in case of anything. So the peak trading hours during London season is within 8am to 11am, this is personal observation.

Once you lose entry within, once you lose trade, once you are out of the market within these hours, forget about trading the session for the day, just wait for New York session that will happen next if you are familiar with it to trade. If you don't execute trade within these hours, then I don't think there is a need for you to trade again for the day. So convert this time zone, this is in GMT, to your own time zone to know when this time falls if you are not on the same time zone with me.

Because my time here is exactly the same time with London, no difference, not even in seconds. So the session began and liquidity increased significantly as European banks and institutions opened for business. This period often sees strong price movement.

Then 12pm to 4pm the overlapping with the New York session occurs. So this is another period that you see another crazy movement in the market. Personally, I'm just putting this for those that like fast volatility in the market, personally I don't use to trade this, even if I do, my trade would have moved, I have already taken entry from this time interval.

So before the time reached 12pm to 4pm, this trade that I took entry at this time interval already gone far and my stop loss is already either at break even or I have even secured some profit. But for me to open a fresh entry within this time interval don't always end well for me as the price always kicked my stop loss out before the movement begin. So what I mean there is that my stop loss will hit at the end of the day, the market will still go the direction that I predicted that is if my analysis for that day was true.

Because of the volatility, I expect that is the disadvantages of this session. So within this time zone, where London and New York session overlap or meet together, you have to be very careful, but if you are looking for high volatility and you have a good entry, your trade is likely to deliver within this interval. If you are trading minimum pips, not those that will execute a currency pairs and target 500 pips, you know, except you are swing traders, but for intraday, I don't think it is a wise trading for you to stay in the market targeting 500 pips, even 200 pips is too much for a day.

Break your trading days into sections, your target pips into sections, little by little gradually. It is better than for you to stay in the  trade until price reverse and meet your ideal stop loss or wipe out the profit you already secured. So this is another key trading hours take notes all the time is in GMT.

So optimal times for entering trade, expected here that if you miss this time interval, no need to take trade again for the day. So the best time to jump into a trade irrespective of how you monitor your session, you should be able to enter your trade 8am to 10pm GMT. That is an ideal time for you to execute your position.

Ideal for trading major price like EURUSD and GBPUSD due to increased market activity and reaction to overnight development. So this is the best time to execute your trading 12pm to 2pm, the overlapping with the New York session is excellent for entering trade especially around economic data released from the US and Europe. So if you are a type of trader that trade news like the Friday that just passed, I am recording this very topic now on a Sunday.

So like the Friday that just passed, there was NFP news event and I told you guys in the previous topic that I executed trade that day and it was interesting. So if you are a trader that trade, please take note, before you trade any news, you have to be very very good. You have to make a lot of research and know exactly what you are doing.

So if you are a type of trader that trade news, this time is the best for you to open position because some key news for London session and New York always happen around 1.30pm GMT. So it is better for you to take position as a news trader within this period in order for you to be safe. Also, I am not a regular news trader, even as I said, sometimes I may be forced to trade news only 2 or 3 times in a whole calendar year.

So that shows you that I don't trade news normally except the one I am very certain of what will be the outcome of the news. So take note. So that is all on the peak trading hours and optimal time for London session.

Also take personal observation, research on this, try to see if what I just passed in this course is real. Use a demo account to take the observation first before when you trust the process, when you trust what you just learnt, add with your own research what you are able to come up with. You can output and go into your trading successfully.

So thank you. See you in the next topic.

Welcome to this video and in this video we are going to talk on the topic strategies for trading london session, Great bristish Pounds, EURO and Swiss franc pairs. We already discussed this, the strategies for london session, we talked about this one topic previously, we can trace back to see that we have talked about the strategies. So I just decided to put this out again in order to lay more emphasis and bring up some things clearly or some observation clearly for us to take notes.

So trading GBP pairs example, Great British Pound, USD and Great British Pound JPY. News trading focus on significant UK economic data release such as GDP, CPI, Bank of England interest rate decision. Position ahead of the news and look for breakout opportunities post release.

So you are looking for breakout opportunities post release after the release of the news or economic data. Post release simply means you wait till the first news impact finished before you go into the trade post release. So the target, we allow the price to break out as it is, you can see this as in this was a news release.

We allow this impact to come down because you can't really tell that first spike that usually comes sometimes once the data is released or the news is released, sometimes you see that first impact and take price upward, clear a lot of people. After clearing the stop loss, you see as you make it pull back, pull back, pull back, see the whole of that candle length down in week, then you see price starting doing the right direction. So that is why I included that it should be post release before you take your news, your trading entry if you are trading news.

That is personal observation, it is not good to take entry before the news is very risky. So technical analysis, use chart pattern indicators like moving average or relative strength index to identify entry and exit point. Look for support and resistance level to place trade.

So I will agree with this support and resistance levels. I include this because I have a lot of traders around me which I share ideas with and some of these indicators usually work for them. But I don't use that in my chart, you never see indicators in my chart because I'm a pure price action trader.

So something like that, I deal on resistance, support and resistance level. So that is one of the technical analysis that I usually adopt, meaning if this is my support, this is a strong support and this is my resistance, the recent high in the market. So when price got to this level, what are you going to do? Are you going to jump in to buy because this is support? If you want to consider range bound strategy, the strategy state that you buy at the support and sell at the resistance.

So when they say buy at the support, sell at the resistance, what does that mean? Once price comes to the support, you should buy without considering or taking anything into consideration, no. So why would I buy in this place? Let's assume in this case, you have to wait for a bullish confirmation or because the price may decide to break out just in this case, just as you can see. This is a clear case of a breakout and you can see the pressure that the sell candle came down till it broke out of this support zone.

So to know that if this trade is going to reverse or is going to break out, you certainly know once the chart pattern start forming in the zone, depending on the strategy that you are using. If you see this breakout that took place, this is not hard to spot because the sell candles from this level is very high and this look like an institution. So if I want to do clear analysis and reduce this to one hour time frame and 15 minutes, probably this institutional candle somewhere before this happened, the sell came with the pressure.

So this is obvious. This kind of candles cannot form like this and you expect price to reverse and respect this zone. It's very awkward to think that way.

But in this case, you can see how the movement was. Once the price came into the zone, this was the buy candle. The next thing price make a pullback or a return.

And if you switch this to one small time frame, now you see that this is a double, a credible pattern. So this automatically turn to hour swing high. So what you do after a double pattern was formed, is you can get your credible single entry to buy from the right.

But sometimes you have to wait for the price to break this neckline, go to swing high, breakout and you test. Or letting these peeps from year to year is not a bad trade in these two hours. You can take that and leave the market for the day.

So that is the complete market structure. The first impulse wave, price make pullback, second impulse wave, a full structure. So this is another point, if you are not certain of this place, you wait for price to break this swing high or neckline and you test before you take your entry.

So trading breakout also involves this. So this is how to trade breakout. If this was a newscom, take out this swing high or the neckline depending on how you are calling, then make a pullback or otherwise, you know, you test to feel this imbalance when you get your buy from here.

Or in this case, you can see a breakout, then a pullback to retest the return. Then you can see the sell that follows up. So that is how to trade a breakout.

You have to, if you didn't get the entry earlier at the right spot within the zone, you have to make sure and wait for the breakout and retest before you turn into the trade. And that is what I can advise if you want to trade the news. Scalping.

The next strategy is scalping. So, sorry about that, my mouse is misbehaving. So we have the scalping.

Scalping. Take advantage of small price movement during the normal session, especially during the first two hours or during news release. So, in our previous course, introduction to price action trading strategy, then the trend line trading strategy as well, we discuss the types of traders that we have.

We have the swing traders, we have intraday and then the scalper. So these people tends to trade with the least time frame, like one minute, two minutes, five minutes. They target just a few number of pips, can target three to five pips with a good loss size and they tend to open more position in a day.

Scalpers can open up to 40, 50 trading position position in a day. So this is another thing that you can trade during the news, but you have to make sure you are good with this. This is very, very critical or technical.

You have to be careful. You have to study the market pattern before you can scalp. So when you want to scalp, you have to switch to the most smaller time frame, one minute.

You cannot go beyond one minute to five minutes if you want to scalp. Study the structure, make sure their stop loss is due. Majority of people that trade that tends to trade open stop loss and open TP, in a sense that their target is always short.

So before they even fix stop loss and TP finish, the price might have reached the target they want to take entry. So my option of trading that don't always fix TP and entry and sometimes I usually scalp, but I scalp place like gold. As I do that, any day I prepare, enter the market, unfortunately the market didn't favor me or doesn't favor me that day and I lost trade.

So if I want to recover the trade, I just have to go back to a few hours sleep, then return back to scalp gold to see if I can recover the money or I can just recover parts of it. But you have to be careful because at the same time, on the process of trying to recover the money, you may end up losing more. So you have to be very careful.

You have to be very technical. You have to be very psychologically sound before you scalp. So that is it.

Then the next one, the second, trading EU pairs, that is EUR/USD and EURGBP. Trend following, identifying prevailing trends using moving average or trend lines. So I go with trend lines, enter trade in the direction of the trend, particularly after major economic news that support the trend.

Then we have the range trading, we talk about this, this also similar to range bound, so you can apply that to this two phase. Economic correlation, monitor economic data from both the Eurozone and USA too. Anticipate movement in EU, positive data from the Eurozone relative to US data can provide good entry signal.

So I won't dwell much on this because we have this as a topic, as a whole. In short, one section of the course is all about this. So we are going to put more emphasis on these terms.

Currency correlation, as we progress, some other topic. So this trend following and range, we talk about those two areas in the course. So the trend following is simply, see, as it's marked as strong.

So trend following is all about following the direction of the trend. Let me use this slide. This was a serious uptrend.

Don't forget it's a trend within a trend. Complete the second trend here. It's a rule of a trend line.

For a trend to qualify, for a trend line to qualify to be call a trend, there are basic principles that the trend line must obey. So we talked about that in our previous two courses. If you didn't learn that, you have to go back because this journey, this trading skill is step by step.

You cannot miss a step. If you miss a step, it's going to affect you irrespective of how you are doing or trying to manage it. So go back and learn those courses.

So you see, yeah, this was a great uptrend. So when the news dropped, what do you expect? Or if you want to jump into this trend, because it's uptrend, so there was a breakup at this point. I put a zoom.

This was another breakout due to the sell. I mean, the buy that continued wasn't much. This is a great case of what I'm talking about.

You see the price came. Price came to try to make a combination of averaging within the structure. Don't forget, if I extend this, you see that this place is a structure as a whole.

So price came in, broke out, touched the trend line, make a pullback. So if you miss entry at this point and this point, this is a clear entry to jump into the trade again. And from there, you can see the buy that took place in the market after that.

This is enough for someone to take home for the trading day. So that is a trend following. Then the range strategy, we already talked about that situation.

In the resistance, you sell, in the support, you buy. Resistance, you sell, support, you buy. Please take note, you don't just buy these.

You have to have a strategy. This course is all about the psychological aspect of the market. Some key things you need to know and pay attention to guide you.

Everybody's supposed to have a strategy. If you need a strategy, you see other of our courses, like to know when to enter trade and when to leave, what to look out for. That is not what this course is all about.

So what i mean by a sell at the resistance, buy at the support, you know very well that when the price gets to the resistance, there are things you need to look out for before you start selling it. When price gets to the support, there are things you need to look out for before buying it. Simply, you must wait for bullish confirmation.

In this case, bearish confirmation, before you can now go into the trade. Take your position and know where to fix your stop loss and take profit. So trading CHF, so this is swiss from and this is the pairs till we have other pairs like CAD/CHF, NZD/CHF, but during the London session, this is the one you should look out for to trade.

This one during the London session. So correlation with Euro and Dollar, please, we are going to skip this because we have a new topic for this. You guys will see that when we get into that.

I don't want to start explaining here briefly because you may get confused. So when we get there, you'll see what I'm talking about. I have analysed the topic very well, everyone will get along.

So general tips for trading during the London session. General tips, stay informed, keep an eye on the economic calendar for upcoming release and central bank announcement. Remember Forexfactory for your news update.

www.forexfactory.com will help you to stay updated to the economic calendar. Use risk management, never ignore this irrespective of the type of trader that you are. You can't ignore risk management.

If you ignore risk management trading, then you are trading with your heart and money. Adjust to market condition. What does this really implies? Adjust to market condition simply means you can't just expect because a trend was uptrend and you keep on fixing your mind on uptrend.

This happens to me. All these things I'm saying is experience. I have passed through them so many times.

You can't just fix your mind on a bullish road. Adjust. There are times when you prepare your mind to go into the market, to buy or to sell.

All of a sudden, any economic news can be released or economic data can be released and the direction changes. So when the direction changes, what are you supposed to do? You are supposed to be flexible. Start, see what you can adjust.

Start a fresh analysis to see the direction that you should always fix. Keep your mind fixed in one direction.

So in summary, by focusing on peak trading hours and employing Taylor's strategy for GBP, EUR and CHF pairs, traders can enhance their chances of success during the long term session.

So that is some of the key things you need to know based on strategy and then talk on hours issue, execute trade as well in the previous topic. So that is all on this very topic. See you in the next video.

Thank you.

(0:00) We are going to be talking on the New York session. (0:06) So we are in a different section of the course entirely. (0:12) We just finished London session and we have taken our time to expand so many things that (0:19) is going to help and guide us to plan our trading days very well to avoid unnecessary (0:28) loss in the market and also to avoid to enter the wrong time to enter trade also to know (0:35) the good time to enter trade and things to you know really pay attention to.

(0:41) So in this section of the course we are going to New York session trading and as long as (0:46) financial trading market is concerned New York trading is one of the busiest trading (0:52) session around the world after London you know session. (0:56) The New York trading session refers to the period when the financial market in New York (1:02) are open for trading. (1:03) It is one of the major sessions in the global forex market and typically runs from 8am to (1:09) 5am EST.

(1:11) So that is Eastern Time. (1:14) So you have to convert your time to this for subsequent things we are going to study all (1:20) the time are presented using GMT. (1:24) This session overlaps with the London session making it highly active and liquid especially (1:30) for currency pairs involving the US dollar.

(1:34) So highly active simply means increase in volatility, liquid simply refers to money. (1:42) When we use liquidity in financial trading those terms simply means money. (1:49) So basically overlapping period the moment that both London and New York session co-operate (1:56) you know together.

(1:57) So that is basically what New York session is all about. (2:02) So the New York session in layman terms is simply banking official hour in New York (2:10) City or let me say United States. (2:14) Banking official hour and this is the time we all know all of us go to the work by 8am (2:21) though some normally close by 4, some close by 5pm depending.

(2:26) So that is basic introduction of what New York session is all about. (2:32) Subsequent we are going to see some of the details that go under this and what we should (2:39) know some of the key things that we need to know as long as this session is involved. (2:45) Thank you.

(2:45) See you in the next video.

.

Welcome to this video and in this video we are going to be talking on the topic

characteristics of new York session. We are going to be talking on the topic

characteristics of new York session or you can say the futures of the new York session.

So the new York session is a critical period in the Forest market marked by distinct

characteristics that influence trading dynamics.

So these are some of the major futures that influence the new York session or change

the dynamic of the trading market during this session. So the first one is the trading

volume and liquidity. A new york session typically sees the earliest trading volume of any

session driven by the activity of major financial institutions, pounds and hedge funds.

Liquidity is particularly high in the early hours especially during the overlong London

session. So like I said earlier, this is one of the important trading sessions around the so

during this session we normally see highest trading volume so there is always increase in

market volatility during this session and I can say the most busiest aspect or hours of

this session is the moment the London session overlap with the new York session

because it is just like the overlapping period I think is up to five hours. It's just like the

moment that trading volume, the amount of currency trade in this region, that is the

London session amount of currency trade in new York session within the five hours joined together.

So that always is the highest trading volume in this session or in this round, you know

the world, the highest trading volume is executed during this trading session. Mostly the

overlapping are you see a lot of crazy movement, increase in volatility, spike, dynamic

move and the rest. So what are the dominant currencies based theory? Okay, I think

there is need for us to go to the chat and see what new york session is all about.

So you guys can see this was Friday nfp news so this is what I said see how the news

went look at the spike that took place in the market this one are all of a sudden after the price got to this level you can see what took place there was a pullback to the kind of you know closing I don't know if to even call this a pinbar it is very dangerous because entering trade with this is risky that's why when I made mention of trading news during the London session in our previous session I said you should always allow the impact of the news to come to an end right before you can take an entry or look for a breakout and retest to trade during that period. So this typical example of what you may likely see when there is high impact news in the market. So the new York session that we're talking about at the time is simply the orange colour the orange colour section of this chart is the new york session and we can see this is the Tokyo session in this paper colour this is the London session in a light blue colour then we have the new york session in the orange colour and this is the overlapping period between the London session and the new york clearly so this shaded section is the overlapping period and the hours these two sessions operate together one two three four five so that was right complete five hours these two trading session could exist or operate together and somewhat amount of trade normally executed is always high so that always leads to high liquidity in the market though some days are like that you can see like today the movement was not serious that is how it is whenever there is after nfp news this is also the overlapping period and you can see the volume of sell trade that took place in the market during the first one hour of the overlapping session between london and new york so that is basically how to demonstrate the three major trading session on trading view so you just have to go to this level go to the indicator section of the trading view and search for market session my one is already here because i already put it among my favorite so that is that let's go back to our theory so dominant currency pairs during the new york session the most active traded pairs during the during the session include euro usd usd jpy great british pounds usd aud usd and usd chf so these are the pairs you should target during the new york session so to avoid or for you to save yourself of trading the up pay during this you know session because it is obvious many people trade anything that they like at any time that is not how to go about it there is no need or there is nothing you know so serious or good about you going to the market as an intraday trader and trade will run up to eight hours nine hours ten hours without hitting your tech profit so sometimes all this is caused by open trade at the wrong time so this is basically some of the key pairs to trade during this session and we still have some other pairs like a new zealand dollar jpy usd is among some of the pairs to trade during the session but these are the key ones and we still have usd card as well fall under this category so pay attention to those this space often exhibit increased volatility and responsibility economic news release from the us so when trading this pay you have to pay attention to all the economic news release or all the high impact news are selected on the platform that i gave to you guys that is a Forest factory or my telegram channel i always update this every week or before the week before the trading week start i usually update all the red folders expected for the week for the trading week so market influence what usually influence this market during the new year session economic data release then the market sentiment so key us economic indicators such as i cannot miss this this news i told you guys i trade last week friday and this data release comes every first friday of the new month every first friday of every new month is the moment this data is usually released there is no firm in a payroll is a on a employment claim in the united states they will have gdp inflation data are usually released during this session and can lead to significant price improvement just as i've shown to you guys what the news does this is the nfp non-farm payroll that occurred last week friday look at the downside you see the date friday 4th october 2024 and 18 hour clock so you can see the impacts that the news had on the price movement so those are one of the things that usually impact or influence the new york trading

session the market sentiment in new york session reflect broader market sentiment with

risk appetite influencing currency flows safe even currencies like the swiss franc andjapanese yen they see decreased demand during certain times so this is market

sentiment this is just a clear case of a psychological aspect of the market because the

statement that i put down here does not really have much to do with technical analysis it

is just a sentiment that when the us usd pairs are on increase uh when the usd pays due

to data release whether the data is in favor of the usd or against what i mean by in favor

or against if the news release is helping to strengthen the us dollar or it is weakening so

in the case that the us dollar is weak the demand for chf and jpy are always on the

increase during certain times or moments like that that the us dollar is decreasing or

losing values in the market in terms of price movement so price movement the new york

session is characterized by more pronounced price swing compared to the asian session

making it a prime time for traders to capitalize on volatility so if you are looking for

volatility in the market to trade go to this trading session just like i told you guys in

earlier i like trading asian session sometimes because the movement during asian

session is very you know moderate because they are only executing trade from the bank

of you know japan so the volume or the volume of liquidity or trade executed cannot

always cause much volatility or higher volatility in the market except there is news

release or economic data released during the tokyo session but if you are looking for

high volatility in the market capitalize on this trading session if you don't want to stay

long in the market how many pips do you always target at your 10 profit is it 20 pips 30

pips 40 pips if you want it fast target achieve then new york session is your best bet also you have to note that also leads the consequences because trading decision may not really favor tight stop loss due to the price swing during the session so you have to make sure you really work on your entry ability make sure you have sniper entry or close to sniper entry a kind of entry that you enter and you will not even have up to 10 pips

drawdown or make sure your stop loss is healthy your stop loss is reasonable enough not too big and not too tight recall you should not reach more one percent of your trading account on a single trade but that is a general view for me i said you should not lose more than 0.5 percent of your trading accounts on one trade so some of the key trading you know strategies this is just a preview we are going to talk more on this breakout strategy scalping and de-trading so we talked about this previously in our previous topics and we're going to touch again in depth during this session and we know what the breakout strategy is all about in the case of support and resistance situation that the price broke out of support retest then you capitalize on it or price breaking out or broken from trend line and retest then you capitalize on it is what breakout strategies is all about the scalping i told you guys to just talking about scalpers are all about this is just

types of traders scalpers and de-trading or you can call them intraday so i need mention that we have basically three types of trading we have the swing traders intraday let me increase the font size we have the swing traders then we have intraday all day trading all day traders then finally we have scalpers scalpers so these are three different people in time these ones tend to hold trade for a very long time intraday a type of trader and it belongs to this category that day break we choose our trading session we want to enter trade today before the market session because we want to see the outcome of our tradewhether take profit or stop loss then the scalpers are people that deal with more smaller time frame like the one minute time frame some even go as low as a second unlike expat options is if you trade you know a second so this category of traders tends to open many positions in a day but they don't stay long that trade some of them will not hold trade for even up to a minute some will not hold up to five minutes so none of those strategy is bad as long as you know what you're doing so whenever you see this type of traders you don't have to rate anybody negative or they don't know what they're doing because they are not trading the same strategy or pattern of trading with you everybody have what or how to follow everybody have their own approach to the market is working for them perfectly so if it doesn't work for you that doesn't make the strategy a bad one so that is one of the few strategies or types of traders that those new year session are good for so in summary new year session is a vibrant trading period characterized by high liquidity significant economic influence and pronounced price movement making it essential for forex traders to monitor so this is these are the few characteristics that i noticed or studied or realized during the new year session so we may have more i'm very sure there are more just as i didn't list all the pairs like i said we still have pairs like usd usd card still in this category but i didn't list them here because this has the major usd pairs that i usually execute often even this very pair i executed occasionally but i can't go three days without trading one of these it's not possible i can't really go three days without trading one of these so along the line you may decide to take your own personal research or observe the market all these things come come out from it's not every time that i trade sometimes i just carry my economic calendar open one tab keep it open the chat trading view keep it just to stay one full day and monitor how the market react to news so that is how i'm able to extract some of these things that i gave to you guys out after observing over and over again and realize that okay so so period of time this is what always happen this is what influence the market this is what i noticed that always push price movement and give the market or price higher volatility so with time you can do your own and still add more features or characteristics of this session so for now thank you see you in the next video

Welcome to this video and in this video we are going to talk on the topic time zone and

duration for New York's session. Though we have already given the time zone but I just

want to take this as a separate video or separate topic so I can lay a little bit more

emphasis on this time and duration. So time zone in New York sessions runs from 8 a.m

to 5 p.m EST and UTC.

So take note of the time zone. If you are not in this zone I just want to give respect to

United States. I don't want to use the GMT time zone to explain this topic because we are

dealing with the United States so the major time zone is EST.

So whatever time zone that you are in, all you have to do is just to come back this time

to your time zone and you get the time in your local time, the interval in your local time

this New York session normally runs through. So during daylight saving time from March

to November it operates from 8 a.m to 5 p.m EDT UTC 4. So this is the reason why I

move this as a separate topic even while I have given the general operation in the

previous topic. So this is a breakdown or change of things some months.

So during daylight saving time from March to November the trading session New York

always operates from 8 a.m to 5 p.m EDT UTC 4 duration. The session lasted for 9 hours

overlapping with the end of London session which often leads to increased trading

activity. So take note of the time, come back to your time zone so that you can follow

along and know exactly what to do.

So thank you see you in the next video.

Welcome to this video and in this video we are going to talk on the dominant currency

pairs and their trading patterns during the New York session. The New York session sees significant trading activity in several key currency pairs particularly those involving the US dollar. Here are the dominant pairs and their typical trading patterns.

So these dominant pairs are basically those pairs that I just finished listing or talking

about briefly in the previous topics. So I'm just making this as a separate topic to show

you guys how these currency pairs behave individually. So USD as the most traded

currency pair it often experiences high volatility during the overlap with the London

session throughout the New York session.

So if you want to trade this, this is best traded during the overlapping period between

the New York and the London session. So I will just use today activity in the market

alone. So this is your best bet for EURUSD from my observation.

The five hour overlapping period is the best moment to trade EURUSD during the New

York session of the market. Trading patterns, traders often look for breakout, trend

continuation and reaction to US economic data release. Economic reports such as

nonfarm payrolls and CPI can lead to significant price movement.

So the nonfarm payroll otherwise known as NFP news sometimes see NFP news release

sometimes is not sometimes almost affect this pace, pace like EU and EU. So you have

to be careful. Also, sometimes it is a trend continuation pattern, right? So trend

continuation as it is actually on the same page EURUSD.

So trend continuation situation, price, you can see the sharp movement, broad price, all

of a sudden price is making an upward consolidation. So what may likely or possibly

happen is going to be a trend continuation meaning after a breakout. So what you have

to do is to put a trend line.

Please make sure your trend line obey trend line principles or law. If you want to know

about that, go back to our previous course. We discussed about that.

So what you do basically is to allow the price to breakout, locate the nearest key level,

make a pullback to the broken region, then you keep your entry from this point. Also, at

the same time, you have to be careful and well informed that it is not an obligation that

the price must breakout on the downside to be a continuation in a pattern. So in this

case, if this is actually what is going to happen, then you know that this is a bearish flat

in a pattern.

We have already covered in our previous courses. You can go back to learning if you arenot. So once the price breakout on the down, this systematically turn to bearish flat.

But there is no obligation for that. So we may as well see the breakout on the upside.

That's why I stated that we are trading, we should try as much as possible to be flexible.

Flexible in a sense that you can't just expect the trade to go one way. If the trade

breakout on the upside, what are you going to do? What is likely the next step or the

next line of action? So be flexible to go with the market in the direction that the market

wants you to go. So that is what is in the breakout pattern.

Another breakout pattern is simply there is a resistance and support pattern. I don't want

to use the chart because we are not really dealing with analysis because we covered

what you need in terms of analysis in our previous courses. I'm just doing illustration.

This very course is more of psychological aspect of the market. So we have the

resistance. I'm trying to show you guys another scenario of breakout trading.

So the concept is that whenever price comes to the support, it bounce back and

continue. Whenever it comes to the resistance, it bounce back and sell continuously. So

the breakout from resistance, price can decide to breakout in this aspect.

Because price is okay at this point, it will not breakout. It's just a matter of time. So you

let the price breakout, locate the global resistance, make a pullback and then this is your

best trading entry after the pullback.

So in the price breakout on the support zone, it's still the same principles that is still

applicable. You have to take note. So like the previous case of bearish flat and adjusted

over here.

So you can also classify that as trend, you will follow it. If at the end of the day, the

breakout happens on the downside, then you can also describe that as trend fully. Right,

you can see.

So expectation is that we expect price to obey this trend line at this point. So once the

price obey that trend line, it simply means it is on trend fully. So you should pay

attention because trade is going to continue on the downward trend.

If there is visible breakout of this trend line by next trading session, then you know that

the market has changed direction. So let's go back to our material. Excuse me, I've

removed the trading session indicator.

I don't want to come and start loading it again when we come over to do another

illustration because sometimes for that indicator to display, it usually needs a strong

network in my zone. A part of the wall I'm staying. So let's go back.

So the USD pair is characterized online as cable. This pair is actively traded in the NewYork session and often reacts to UK and US data released because it is a combination of

GBP and USD. So economic data from either of those countries can impact this base

trading pattern.

Watch for key support and resistance with price often moving sharply on economics

announcement from either side of the Atlantic. So pay attention because it is the same

strategy we use on EU that is still applicable for GU. So we have the AUD USD pair

characteristics, although primarily traded in the Asia Pacific session, that is Sydney

session Australia.

The AUD USD can see significant movement during the New York session, particularly on US data released. So US data released can also affect price movement on AUD USD.

Also, economic data released from Australia can as well see a movement on this pair.

But economic data from Australia is not going to affect or have impact on other USD

pairs except this very one. So the pattern trading this pair often reflects weak sentiment

and commodity price movement making it sensitive to news from Australia and US. So

that is what I just finished illustrating.

So economic news from the two countries, Australia and United States usually have

impact on this currency pair. So you have to always pay attention to news from either of

the countries while trading that you have the AUD USD CHF. This switch from is often

seen as a safe haven currency and AUD USD CHF can experience fluctuation based on

geopolitical events and US economic data released.

Trading pattern price movement can be influenced by change in risk appetite with

significant volatility around US economic announcement. So in summary, the New York

session runs 8am to 5pm EST and overlap with the London session for a good five hours.

So these are the dominant currency pairs as we have already seen.

So these are the dominant pairs and some of the futures and expectations on each while

trading it. So you have to pay attention to news events, news released on each of the

currency pairs either from the base currency or from the pools. So take note.

So that takes us to the end of this topic, dominant currency pairs and the trading pattern given the New York. See you in the next video. Thank you.