Forex Trading Session - Which One Is Best?
Each and every single trading day, there are mainly 3 trading sessions. These are called the Asian session, the European (or London or U.K session) and finally the U.S session. These sessions overlap each other at the start and at the end of each other.
It wasn’t too long ago that I had a discussion with a fellow trader when he asked me for advice on which trading session is the best. I laughed slightly and then said… Whichever session makes you the most money I suppose?
You see… there’s no such thing as the best trading session to be trading in (per se). Different traders will perform best under different sessions and different conditions.
Asian session is the quietest session of the three and has the tightest range of all. There was a time in my trading career that I really enjoyed trading the Asian session because I could easily pick moves all the time but it wasn’t long after that I decided I like the European session much better.
On a sidenote, sometimes most trading moves would have been over and done by the end of European session leaving little trading volume and liquidity left for the U.S session.
One thing is for sure… I don’t know too many traders that can be focused enough to trade all 3 sessions. It takes way too much time and energy. As such, allow yourself several months to get used to the different sessions and be sure to monitor your results so that you know which session you perform best under.
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Tags: asian, best trading session, european, forex sessions, london, u.s session, forex trading session
[...] Finance, Economy-Business News, Stock Market wrote an interesting post today onHere’s a quick excerptEach and every single trading day, there are mainly 3 trading sessions. These are called the Asian session, the European (or London or U.K session) and finally the U.S session. These sessions overlap each other at the start and at the end of each other. It wasn’t too long ago that I had a discussion with […] [...]