Summary of 📆 Forex Sessions & Market Hours | Forex Time in GMT, UTC, ET, and IST [Tradingfinder]
The video introduces a specialized tool for Forex traders called the Trading Session Tool, which helps users track the opening and closing times of major Forex trading sessions: Sydney, Tokyo, London, and New York.
Main Financial Strategies and Insights:
- Session Overlaps: The highest trading volume occurs during the overlap of the London and New York sessions, making this period optimal for trading.
- Currency Pair Monitoring: Traders are encouraged to focus on specific currency pairs during session overlaps, such as:
Methodology/Step-by-Step Guide:
- Select Time Zone: Choose your preferred time zone for viewing session times.
- Choose Time Format: Select between 24-hour or 12-hour display mode.
- Monitor Session Status: Check the current open/close status of each session and the time remaining until each session opens or closes.
- Analyze Trading Volume: View the trading volume per hour to identify the most active trading times.
- Access Tool Features: Click to learn more about how the trading tool works and download it.
The video concludes by inviting viewers to provide feedback and suggestions in the comments section.
Presenters/Sources:
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Category
Business and Finance