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Those hours are roughly 9 am - 6 pm Tokyo time, which is 8 am - 5 pm Singapore time, and 6 pm - 3 am Calgary time. The Asian Session is 10 hours long, unlike the London and New York sessions, which are each 9 hours long. The most well-known is probably trading the first breakout of the Asian Range , followed by using the highs and lows as key resistance and support, or trading reversals from fake breakouts. For example, the simple fact that the price is higher than it was a few months ago is probably going to be more significant and reliable than the exact value calculated by some fancy complicated indicator. At that time, your platform was showing the 5 pm candle as the current candle. Privacy Policy Cookie Policy. A couple of notes on that copy-and-paste — 1 I said above that the Tokyo Session ends at 6 pm Tokyo time. Michael said 7 pm.

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A couple of notes on that copy-and-paste — 1 I said above that the Tokyo Session ends at 6 pm Tokyo time. Michael said 7 pm. Very simply, if the price is up already, there is a higher probability that the price will end the New York session up even further, and vice versa if the price is down. The average move will be about 0. Tokyo is no longer the largest Asian forex market — Singapore has recently captured that distinction. A common mistake made by many Forex traders is overcomplicating technical analysis. This seems very simple and too good to be true, but it is borne out by the statistics of the previous 5 years. The Asian Range has special significance as a bellwether of the new trading day which has begun in Asia.

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The Asian Range has special significance as a bellwether of the new trading day which has begun in Asia. It is during these hours that the Forex markets usually experience the highest liquidity, i. This means going long or short of Forex currency pairs and hoping to exit with a profit. It is possible to trade Forex profitably by using either technical or fundamental analysis, or a combination of both. Adam is a Forex trader who has worked within financial markets for over 12 years, including 6 years with Merrill Lynch.

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Description: Share 0 Tweet 0 Pin it 0. This is copied and pasted from something I wrote a few years back — The Asian Session — as its name implies — does not fit the pattern of the other two trading sessions. This is copied and pasted from something I wrote a few years back —. The statistics are as follows for these parameters. Privacy Policy Cookie Policy. The Asian Session is 10 hours long, unlike the London and New York sessions, which are each 9 hours long.
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