Londonsession
GBPJPY 28/04/23 LONDON SESSION TRADEOptions taken or planned during the London session 28/08/2023.
These are to assist pre planning and following set procedures in future.
Also if you look at option 2 the 15 m close isn't sufficient due to zero closed candle on the 30 which was still open at the time and following at heavy bearish close the high of that 15 must be broken to give any continuation option. otherwise you will find LTF range. Look at the 30. Look at the 5.
Option 1 self explanatory leading into a solid volume time and continuing the HTF direction of trade for the session only !
🕔Trading Sessions🕔 What are the Operating Hours of the Forex Market?
The forex market is operational 24 hours a day, five days a week, excluding weekends. It commences trading at 5:00 PM EST on Sunday and concludes at 5:00 PM EST on Friday, resulting in a total of 120 trading hours, with a 48-hour break from Friday to Sunday (EST). The forex market caters to global traders, accommodating their needs irrespective of their time zone. The market is divided into distinct "forex sessions" based on global time zones, which experience varying levels of volume and volatility.
Trading hours are subject to variation depending on daylight savings and holiday schedules. During daylight savings periods, regions utilizing this system will observe a one-hour offset in the winter, which reverts to normal in the summer months.
🕔 What Is a Trading Session?
A trading session is a period of time that matches the primary daytime trading hours for a given locale. This phrase will refer to different hours, depending on the markets and locations being discussed. Generally a single day of business in the local financial market, from that market’s opening bell to its closing bell, is the trading session that the individual investor or trader will reference.
The markets for forex, futures, stocks, and bonds all have different characteristics that define their respective trading sessions for a given day, and the primary trading hours naturally differ from one country to another due to contrasting time zones.
Trading session hours can vary by asset class and country. The regular trading session for U.S. stocks starts at 9:30 a.m. and ends at 4:00 p.m. Eastern Time (ET) on weekdays (holidays excepted). These times are primarily driven by the working hours of the New York Stock Exchange (NYSE), which closes early at 1:00 p.m. ET on several occasions throughout the year associated with holidays.
The regular weekday trading session for the U.S. bond market is 8:00 a.m. to 5:00 p.m. ET.3 Futures markets, meanwhile, have different trading hours, depending upon the exchange and the type of commodity being traded.
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US30 SELL TRADE/PREDICTIONI am currently in a sell for US30
Reasons:
Price is in supply zone
-Market is respecting 4 hour, 15 min, 30 min resistance.
-5 min support has just been broken.
-Market is overbought and needs to balance itself out.
-20 & 50 ema has crossed on 1min timeframe
-Next strong level of support is 33880 (4hr)
-My brain recognizes this pattern/behaviour
use proper risk
I am not a financial advisor, trade at your own risk
XAUUSD Forecast for 14/2/2023Im not expecting much during london and new york tomorrow due to the news .. but asian session could provide volume to drive price back up into the range before the big push (wherever that can go)
Buys above 1855.60 back into the range and sells below 1850.00
Catch you all in the morning!
Tommy
US30 BUYI'm currently in a us30 Buy
Reasons:
- Market price is respecting 5min and 15min support level.
-A trend of higher highs and higher lows have started on 1min and 5 min time frame.
-20 ema has crossed above 50 ema.
- The next strong level of resistance is at 34145 area
I am not a financial advisor, trade at your own risk. Use proper risk management. Good luck guys
US30 SELLI'm currently in a us30 Sell
Reasons:
-There is huge gap that needs to be filled in the 33900s area (market exhales and inhales to balance itself out)
-I've noticed buying pressure has lost momentum for about 7.5 hours since the rise that took place new york session
-1min has broken price structure along with 20, 50 and 200 ema crossing paths (usually happens we are about to change direction)
-Price is rejecting the current 4hr, 1hr, 30min Resistance