This is known as the “forex 3-session system“. These sessions consist of the Asian, European, and North American sessions, which are also called Tokyo, London, and New York sessions. Some traders prefer to differentiate sessions by names of the continent, other traders prefer to use the names of the cities. The Asian trading session begins with the opening of the market in Sydney, at 6 PM EDT. However, the real market volatility begins with Tokyo, where the market opens at 7 PM EDT. Japan is the third largest world economy in GDP, and the third largest forex trading center, after London and New York. This is a price action trading system called the Asian Session High Low Breakout Forex Trading System and it is a forex trading system designed to capture the breakout of the high or low of the Asian Trading Session.. Generally speaking, the the Asian Trading session has less trading volumes compared the UK and the US trading sessions. Therefore during the day, it is not actively traded ... Isn’t the Asian session very slow? If you’re a regular London or New York session Forex trader, you probably find the Forex Asian session slow and a bit boring. Maybe because it is a bit slow and boring by comparison to the others, but that doesn’t mean there are no good strategies to make profit during the Asian session. Asian Forex Session (Tokyo) When liquidity is restored to the forex (or FX) market at the start of the week, the Asian markets are naturally the first to see action.
Forex Trading - Asian Session - Lesson: Scalping Part 1
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