Wed. Nov 30th, 2022

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When Can You Trade Forex: New York Session

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The New York forex session opens at 8:00 AM ET and closes at 5:00 PM ET.

During this overlap, the US session could trade very much like the London session. The beginning of the ny session is generally more volatile than later within the day.

The ‘overlap’ takes place when the US Forex session overlaps with the London forex market session. The London Forex market session opens at 3:00 AM ET and closes at 12:00 PM ET, therefore the overlap occurs between 8:00 AM ET and 12:00 PM ET.

The ‘overlap’ is when the London and US forex sessions literally overlap one another . These are the 2 largest market centers within the world, and through this four-hour period – large and fast moves are often seen during the overlap as an outsized amount of liquidity enters the market.

To trade the overlap, traders can use a break-out strategy which takes advantage of the increased volatility seen during the overlap.

The best forex pairs to trade during the ny session would be your majors, like EUR/USD, USD/JPY, GBP/USD, EUR/JPY, GBP/JPY, and USD/CHF. These pairs are going to be the foremost liquid during the US session, especially the EUR/USD during the overlap.

Each forex trading session has unique characteristics, the London forex trading session follows the New York session which is then followed by the Asia trading session. The liquidity will cause reduced spreads and thus , lower trading costs.

 

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