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    Default Chapter 4, Part IV. New York trading session.


    Part IV. New York trading session



    Pipruit: When does the New York trading session start?

    Commander in Pips: Just after the British lunch…I’m kidding, but in general it starts to pick up steam roughly at this time – 12:00-13:00 GMT, and gradually fades out to 21:00-22:00 GMT. In terms of America’s time scale – this is just a simple day time – 8:00-17:00 EDT/EST


    The New York trading session takes second place in overall day trading volume with about 17-18% of overall turnover. The major point of the NY session is that 80-85% of all transactions involve the US Dollar. So this is a solid reason to pay particular attention to major pairs with USD during this session.
    Last edited by AsstModerator; 05-20-2011 at 02:45 AM.
     

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