When Trading Forex, Lesson 5: Overlap Between Sessions

Overlap between sessions occurring between the two sessions, where there are many actors who take an active role in the market. If this moment as likened to broadcast Premier on television. The more "audience" (the perpetrators involved in the session), then it will be higher "rating" (liquidity) show.

Furthermore, lets, refer to the description below:

Tokyo-London Overlap
Liquidity on these sessions tend to be thin. This is caused by the lack of movement that happened in the Asian session, so trading session will be changed so not too much longer transaction that takes place at this session. At the end of the session as many traders thus decided to scuba and wait for the coming session of the London and New york sessions.

London-New York Overlap
Compared to the previous year, two Asian session this session is quite crowded and busy, because traders from two financial center started to sit down and focus delves into profit.

It could be said at a session in London and the New York session, traders just stay doing reaching out and reaching for a profit.

"As easy as that?"

Yes, it could be as easy as that, as long as we are familiar with mawas and the steps we take. But we don't need to fear, because everything is not as hard as we imagine, kok.

In this period we could see some big movements, especially at the time of the report and the data released from the land of Uncle Sam, and Canada. If there are no news at the beginning of the opening of trading, don't worry. Even if the news release, the late European market still would feel the effects.

If a trend emerges in the European session, chances are that the trend will continue, together with the entry of the U.S. into the trader's trading arena and solidify their position after reading what had happened at the beginning.

Even though it looks easy, but we must be careful, because at the end of this session some traders from the country could be Queen Elizabeth decided to close-position and cause the movement on choppy right shortly after the New York session opened.

Next lesson: Good days for Trading