07
Timing — Trading Sessions
I generally look for these setups across the majors and primarily focus on the JPY crosses since they tend to move consistently in the Asian session, as does gold.
Asia Session
- ·Time: 7:00 PM - 11:00 PM New York time
- ·Pairs: JPY crosses (AUDJPY, NZDJPY, GBPJPY, EURJPY, USDJPY), NZDUSD, AUDUSD, XAUUSD
- ·Other majors: EURUSD, GBPUSD, USDCHF, USDCAD
Europe / London Session
- ·Time: 1:00 AM - 5:00 AM New York time
- ·London Equity Hour: 3:00 AM - 4:00 AM New York time
- ·Pairs: EURUSD, GBPUSD, USDCHF, USDCAD, GBPJPY, EURJPY, XAUUSD
New York Session
- ·Time: 7:00 AM - 11:00 AM New York time
- ·Pairs: EURUSD, GBPUSD, USDCHF, USDCAD, GBPJPY, EURJPY, XAUUSD
New York Equity Session
- ·Time: 9:30 AM - 11:00 AM New York time
- ·Pairs: Spot Crude (oil), SP500, DJ30, NAS100
Other important times (CRITICAL — read multiple times!)
Other most significant times in importance:
- ·The start of a new 15-minute candle
- ·The start of a new hourly candle
- ·The start of a new 4-hour candle
- ·The start of a new day
- ·The start of a new week
- ·The start of a new month
- ·The start of a new year