The highest liquidity and volume in Forex daily is from end of Tokyo session to end of London session.
This is best 12 hour time frame time to trade Forex is in between those times, if you are scalper or day trader.
Noted on 1 hour chart of AUDUSD is noted times from 10 p.m. to 10 a.m. (PST/CA/USA times)= you need to change to where you live.
What happened in-between those times on Friday with AUDUSD- a great trade with a Harami two candlestick setup right at Tokyo/London overlapping session, at demand zone area, during the high liquidity and volume period of day in Forex. RR set up of 1:2.5 risk/reward or 20 stop vs 50 target.
Yes, this is how you keep Forex trading simple, just trade during this 12 hour period - and look for:
1) Engulfing two candle hourly setup
2) Harami two candle hourly setup
3) Pin-bar three candle hourly setup
4) Trend, Key Price levels, Momentum
5) Trade right pair, at right price, during right session and at right time of day.
Make Forex Trading Great Again by winning and taking what a pair gives you in a trade on a chart. Trade what you see not what you feel. Only you control when you enter and exit an individual trade- so put the most probabilities on your side to win more and make more.
This is best 12 hour time frame time to trade Forex is in between those times, if you are scalper or day trader.
Noted on 1 hour chart of AUDUSD is noted times from 10 p.m. to 10 a.m. (PST/CA/USA times)= you need to change to where you live.
What happened in-between those times on Friday with AUDUSD- a great trade with a Harami two candlestick setup right at Tokyo/London overlapping session, at demand zone area, during the high liquidity and volume period of day in Forex. RR set up of 1:2.5 risk/reward or 20 stop vs 50 target.
Yes, this is how you keep Forex trading simple, just trade during this 12 hour period - and look for:
1) Engulfing two candle hourly setup
2) Harami two candle hourly setup
3) Pin-bar three candle hourly setup
4) Trend, Key Price levels, Momentum
5) Trade right pair, at right price, during right session and at right time of day.
Make Forex Trading Great Again by winning and taking what a pair gives you in a trade on a chart. Trade what you see not what you feel. Only you control when you enter and exit an individual trade- so put the most probabilities on your side to win more and make more.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.