Top 3 things to know about the London trading sessionThe London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session also overlaps with the New York session throughout the year.Top three things to know about the London trading sessionWhat time does the London forex market open?
As seen in the image above, the volatility increases to a maximum from 8:00 AM to 12:00 PM ET - when the London forex session overlaps with the New York forex session. To trade the overlap, traders can use aThe London forex session is one of the most liquid trading sessions. Due to the high volume of buying and selling, major currency pairs can trade at extremely low spreads.
The chart below illustrates a rising wedge pattern, a trend line with a resistance level that is eventually broken- a breakout.. Traders can keep stops relatively tight, with their stop-losses trailing close to the trend line. If the support/trend line does break, losses are limited, and if the strategy does prevail it could lead to a positive
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