Hey guys Im looking into trading forex and would like to know which hours forex traders concentrate on. Thanks
Unless you are trading based on time-price convergence, many forex traders look to the open of the London session (3:00am est) and the US market (from about 8:00am est). On ocassion, the Asian market (7:00pm est) will yeild some decent opportunities.
Asian Session 7pm - 4am ET US session 8am - 5pm ET European session 2am - 12pm ET US- Europe overlap 8am - 12pm ET Europe - Asia overlap 2am - 4am ET