Price Action Trading Strategies, the, new York Breakout, forex Trading Strategy is a trading system which you can use to trade New York-US Forex Trading Session. Does It Really Matter?
East Cost North American markets open in New York at 8:00 AM and close at 5:00PM. Cross-pairs that dont directly involve the.S Dollar are also affected by the New York session. For example, because the day begins in the Far East, the forex market opens in New Zealand, Australia and Asia first, then Europe and then North America. Hence you can not start it again. The very first step in building that foundation is to use clean, simple charts. Keep in mind that there are only 9 candlesticks/bars in the 15 minute chart, between 7am-9am. It can mean the difference comprendre fonctionnement forex between seeing a favorable price action setup versus a price structure that has no real significance.