IPDA True Day BreakDownHello Traders!
This is what a full trading day looks like.
Each session are prone to different characteristics.
Many Traders do not realize when they are trading in consolidation.
I rather be trading in a reversal , retracement or expanding environment over a consolidation phase.
I need movement for my trade!
Clearly specific time periods are more significant to the price action.
Trueday
Essential Day Trading Hello Traders!
Here I have highlighted specific times of day during the market.
These times of the markert are key to understanding how this markets flows.
Each session is unique and normally have a characteristic it follows.
This a full trading day. 8pm - 3pm.
Asian to Bond Market Close is a full forex trading day for the commercials and central banks globally.
For new traders I normally recommend finding a session and studying it for 3-6 months.
You will increase how fast to get familiar with the movements of each session and how they work hand and hand.