major market sesion times are best for profesionell traders
the reason why market session times are so important is quite simple Professional traders only make money when there is movement in the currency price; this happens mostly in major market sessions. time profesionell traders follow these sesions picking the best times to trade the relavent currency pairs
the first to open is the Asian market. Tokyo, Singapore, and Hong Kong are key players in this region. Major currency pairs traded during this session include USD/JPY (US dollar/Japanese yen), AUD/USD (Australian dollar/US dollar), and EUR/JPY (Euro/Japanese yen). The Asian session is characterized by relatively lower volatility compared to other sessions due to fewer market participants and limited economic data releases during this time.However, professional traders can still find opportunities to trade successfully
the European session begins, with London as its primary financial hub. The European session overlaps with the end of the Asian session, leading to increased trading activity and liquidity. Major currency pairs traded during this session include EUR/USD (Euro/US dollar), GBP/USD (British pound/US dollar), and USD/CHF (US dollar/Swiss franc). The European session is highly active, as it encompasses the trading hours of major financial centers like London, Frankfurt, and Zurich. Economic data releases, central bank announcements, and geopolitical developments in Europe heavily influenced price movements during this session.
Lastly, the North American session commences with the opening of New York’s financial markets. This session overlaps with the tail end of the European session, resulting in peak trading hours and heightened volatility. these sessions overlap, giving traders the best opportunity for good trading due to high volatility Major currency pairs that arr best traded during this session include USD/CAD (US dollar/Canadian dollar), USD/JPY, and GBP/USD. The North American session is characterized by significant trading volumes, driven by market participants such as hedge funds, institutional investors, and multinational corporations. Economic indicators from the United States, Canada, and other North American countries often dictate market sentiment and direction during this session. Overall, the forex market operates seamlessly across these three major sessions, providing ample opportunities for traders to participate in currency exchange
