Best Currency Pairs to Trade in Each Trading Session
YouTube Viewers YouTube Viewers
28.8K subscribers
170,357 views
0

 Published On Premiered Mar 23, 2021

How to choose a currency pairs to trade during different trading session.
I am also gonna share with you what currency pairs are my personal favorites and when do I trade them and also tell you what is the connection between trading session and trading currencies.

00:00 - How to Choose Trading Sessions to Trade
01:00 - Forex Trading Sessions Timing
01:41 - Forex Trading Sessions Active Countries
02:30 - Forex Trading Session Overlap
03:05 - How to choose a currency pairs to trade during trading session
03:25 - Best Currency Pair to Trade in Sydney Session
03:50 - Best Currency Pairs to Trade in Tokyo Session
04:05 - Best Currency Pairs to Trade in Sydney and Tokyo Session overlap
04:32 - Best Currency Pairs to Trade in London Session
04:42 - Best Currency Pairs to Trade in New York Session
04:56 - Best Currency Pairs to Trade in London and New York Session overlap
05:38 - What Forex Currency Pairs do I target?
06:37 - Currency Pair I trade


The Sydney trading session - 10 pm GMT to 7 am GMT
The Tokyo trading session - 11 pm GMT to 8 am GMT
The London trading session - 7 am GMT to 4 pm GMT And
The New York trading session - 12 pm GMT to 9 pm GMT
By the way, if you don't know about trading sessions I have added a video on that, you can check it out by clicking the I button.

Now, each trading session is linked to one or a few countries, like the Sydney session is linked to Australia and New Zealand.

The Tokyo trading session is linked to Japan and other Asian countries and in the same way, the London trading session is linked to the UK and European countries.

So during a particular trading session, a country linked to it is heavily active and a lot of transactions are being made with a lot of traders ready to buy and sell the currency of that country.

when to trade in Tokyo session with currency.
Like, there is an overlap between the Sydney and Tokyo session, between Tokyo and London session, as well as between the London and New York session.

Now let us see which currency pair should you focus on during each trading session.

Before that, just remember that USD is the reserve currency of the world and the whole world pays attention to it which means that it can be traded in any of the 4 trading sessions.

Let us start with the Sydney session which starts at 10 pm GMT.

Sydney session is the first session of the forex market and during this session, you can look to trade currency pairs that include the AUD and the NZD.

For example, AUD/USD, NZDUSD, AUD/NZD.

The next trading session is the Tokyo trading session and you can trade JPY pairs during the Tokyo trading session.

For example, USD/JPY.

Now, you might have noticed that there is an overlap of 8 hours during these two sessions which means that you can trade the currency pairs that include JPY, AUD, and NZD during this overlap.

For example, USD/JPY, NZD/JPY, AUD/JPY, AUD/USD, AUD/NZD, etc.

The next is the London trading session which is the most volatile and liquid session and you can trade the currency pairs that include EUR and GBP.

The New York trading session starts at 12 PM GMT and again this is one of the most active trading sessions.

During this trading session, you can trade any of the 8 major currency pairs.

In the overlap of the new york and London trading sessions that is from 12 PM GMT to 4 PM GMT, the volatility and liquidity are at the peak as many traders look for opportunities during this session and EUR/USD and GBP/USD are my favorite ones.

I live in India, and when I wake up normally at 5 in the morning the London and Tokyo sessions are active.

During this session, I normally focus on USD/JPY, AUD/JPY, and NZD/USD.


I continue watching these pairs till 11 AM then I focus on some other important things, play with my niece and my dog Leo, eat my lunch then again start looking for opportunities at 1 PM when the London trading session is active.

During this time I focus on EUR/USD, GBP/USD, and GBP/JPY.

I trade these pairs till 4 PM then again take a break and begin trading at 6:30 PM when the London and NEW YORK sessions are overlapped.

This time period is the most exciting one for me as the markets are good and running and a lot of opportunities are presented.

During this time period, I trade USD/JPY, EUR/USD, GBP/USD, USD/CHF, USD/CAD, and other major currency pairs depending upon the opportunities I have marked in my journal.

Let me know which pairs do you prefer to trade during different trading sessions in the comment section below. I hope you will get the answer of which currency pair you focused on during each trading sessions, London session forex trading pairs

Forex Monopoly: https://forexmonopoly.com/

Forex Trading Sessions: https://forexmonopoly.com/blog/forex-...

#forextrading #forex #forexprofit #forexmarket #tradingmarket #tradingstrategy

show more

Share/Embed