Hello traders welcome back to another Concept video. In this video, we detail some of the best times to trade the Eur/Usd Currency pair. This happens to be at Session opens. We go through the 3 Session opens and walkthrough examples of increasing volume ( Large candles). Session opens can provide a great catalyst for 1) a continuation of momentum of the preceding trend or 2) a dramatic reversal. The Euro and the U.S. Dollar are not open during the Asian session and so the candles are much smaller and the average volatility is much less. However, the same concept applies regarding the former.
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High Volume to Trade / Part 1
1. London Session Open
2. New York Session Open
3. Asian Session Open
1. London Session Open
2. New York Session Open
3. Asian Session Open
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Scalping/Intrad-Day Trading is difficult and takes time to master. Might as well set yourself up for the best chance to succeed!
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Trading during these times are a must for profitable trading small business. Yes the market is open 24 hours a day/5 days a week but that doesnt necessarily mean that it's smart to trade at anytime!
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Optimal times to Day/Trade Scalp the Forex Market.. Only trade when the candles are the largest and volume is the smoothest!
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Scalp/Day Trade during the most optimal times in order to maximize your probabilities of succeeding into trading Forex
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Volume comes into the market in disproportionate amounts at specific times throughout the day. Trading during those times can increase your profitability.
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There is opportunity in the Chaos!
