All language subtitles for TraderFXBuchaca 700 - 2

which is going to be through
London and through New York

volume is low. So make sure you
are trading in the best timing

So just keep that in mind. If
you're taking trades with tight

inevitable if you are going to
be day trading out of session.

volume starts to dry out that
is then when I would stop

York session or when the New
York session starts closing up

sweeps that come through and
take you out but even if you

prime times for trading and
when we hit the end of the New

important this is why I advise
to either start trading at the

didn't get taken out, you're
going to be waiting a very long

you're buying here, you know,
there's going to be a lot of

volume in the Asian session as
well. What you need to think

anytime throughout the day if
you want to but those are the

the New York session is ending
for example. Let's say you were

evens if you do that but it's
than taking the losses that are

obviously get nice volume in
London. We get nice volume in

out and we are going to have
very little action. So, if

start of the London session or
the start of the New York

end of the New York session,
volume is going to start drying

definitely don't want to be
doing that when the session

looking for a buy from this
demand zone. When we hit the

manage them aggressively means
you'll probably hit more break

sure you time your trades along
with session volume is very

session because this is where
the volume is and you can trade

about when you're taking trades
is that you are taking trades

profit targets regardless
because the market is in a

time and generally, you're
probably not going to hit your

just want to give you the heads
up right now. Another thing to

New York and on some of those
exotic pairs, we do get nice

consider with session timing is
to make sure you are taking

trades at good times. So, as
we've just spoken about, the

sure this is going to be
covered more later on but I

stops which we will be doing on
the low time frames you

trading and if you do take
trades make sure you obviously

for me this is going to be
around 5 PM UK time where the

consolidation phase. So, trade
timing also matters and making

at a good time. So, you don't
want to be taking trades when

different sessions bring
different levels of volume. We

push back above the Asian
session You can see it again

to some of those AUD, NZD, and
JP White pairs. One more quick

with if possible but obviously,
if you are trading the Asia

focused currencies then go
ahead and switch up to some of

challenges, as much as I hate
to say it, it isn't a way

this day either because we had
that large push up but we can

break below and then the London
session volume picks up and we

one that's one that I can
remember for certain I also

They are going to obviously
give you the best prices, the

there. Didn't happen this day.
It did happen this day though

testing approaches and I'm
going to show you the whole

to make a successful career.
I'm going to show you many back

is then followed by a quick
shootback on the price action

straight back through the range
and sweeps out the high and

me show you a few examples we
have the Asia consolidation a

in London. This in itself is
actually a whole trading system

liquidity run. So we get the
Asian session and after the

the two things that we are
going to find so very useful in

nice paired with the fact that
we are entering into the New

get a New York reversal. Same
thing here. We got this New

pairs is such as you know maybe
you're going to be trading the

bearish breakout and then pre
London and through London we

session, don't let it hinder
you too much and do roll over

with a breakdown and a push
back through. It didn't happen

very profitable. So we
essentially use what we know

major two components for
intraday trading sessions and

York session and are likely to
see a New York reversal is

funded with because when you're
going through funding

around that and if you need to
make changes to your currency

those Australian dollar New
Zealand dollar, Japanese yen

took one here as well we have
Asia session consolidation a

this wick here sweeps out the
liquidity above and then makes

we even see here consolidation
have a small breakout and then

you're going to be trading and
then work your currency pairs

rigged against you and you are
going to struggle with huge

Asia session we have a push
down so a liquidity run below

and then we have a large push
up running the liquidity above

trades quite very often. So the
way this works is the Asian

Asian liquidity run. So we're
going to talk about that in

spreads and bad commissions
when you are trying to trade

highs we see again here
consolidation at the end of the

see so many of these examples
I've just showed you shows that

get a nice bullish push which
reverses the downside and

you the full process in the
next video but real quick let

sweeps out the low I'll talk
about why this happens and show

formation form which would also
which would already be very

note to add to the end of this
video before we do move on. I'm

on the very low time frames and
as you see that would have been

we have a London push down from
the start point and a New York

push we have that small phase
in the middle between the prime

notes from this session. Make
sure you decide which session

also see over in the community
server me taking these kinds of

best spreads. They're the
easiest currency pairs to get

a little bit of consolidation
the London volume pushes

London to the bullish or
bearish New York that could

the exotics. So, the major
pairs are always the best to go

York push but then we had here
higher high, higher low, higher

session breaks out to downside
or to the upside and then after

which I'm going to teach you if
you are going to be trading the

York, I do advise you just
stick with the major pairs.

our personal trading. Now there
is one of the thing that I

and so on and if you are going
to be trading the London or New

so for this example if you can
either okay we are expecting

pre London and London opens.
This is literally all you need

reversal to come in around the
New York session open well if

wanted to talk about but then
but this is going to be

this down which you may have
not actually looked to do

Asia session and you want them
Asian focused or specific

before. So the London push and
the New York reversal are the

more depth in the next video.
Now make sure you've taken

Asian session we normally have
a liquidity run which pushes

a run for the liquidity below
so this happens very very often

you'll see it again here I
actually took a trade on this

going to give you a lot more
confidence to actually trade

are you getting fed up of
hearing me say that yet the

through the low or through the
high of the Asian range which

pushes all the way back through
the Asia range back over the

method to actually start it
from start to finish and you

beneficial Asian consolidation
London push okay once again

primarily covered in the next
video and that is the Asian

we'll be learning more so about
on a low time frame basis soon

about price action which we
learnt in the first chapter and

high, then a lower low and then
a lower high. So seeing this

intraday trading will work very
nicely through New York but in

we have this little demand zone
retest we can look a buy here

in line with what we know about
sessions which is that we often

we get some good reactions on
New York open like we see here

third characteristic is the New
York reversal now this one

flipping from the from the
bullish London or the bearish

you are working a job this
could also be beneficial for

there and so on and so on and
so on I could go back forever

if you can learn to read that
area where the charts are

reversal up so we can see in
many examples the London push

you because you can get up
early in the morning and

have a London push. So what we
have is a large burst of volume

is then followed by a New York
reversal once again here London

downside once again London push
up New York reverse down here

York reversal so the London
push goes to the upside the New

that back test it and become
even better at it than

push New York reversal alright
so this happens quite a lot and

York reversal goes to the
downside here we have a London

push to the upside and then we
have a New York reversal to the

give you a good area to
actually get into some trades

going to give you the knowledge
and then you can go and work on

implement the New York reversal
as much as you could probably

utilize it but this is where
back testing comes in I'm

primarily a London and
pre-london session trader the

terms of session
characteristics I do not

should be able to get a good
trading career on track even if

slow grind down then we have a
sweep out and a London push

we have this small box to work
with. So the Asian session is

once again there just showing
as many examples as possible

basis to stand on now
personally for disclaimer I am

because you know it's a bit
repetitive but it's also very

of Asia session we get that
nice push that happens a lot of

consolidation London push
consolidation London push and

a bit more volume in Asia but
back here we have consolidation

then once again consolidation
London push this area obviously

London which is this gap
between Asia and New York is

for example before you head out
assuming you know 95 hours you

7AM to about 9 AM that is the
prime time for trading now if

actually do a little bit
trading before you have to go

out to work if you can execute
some trades between 7 and 8 AM

drive. So you can see here Euro
the London session comes out of

lot of volume comes in and this
is why London session and pre

that comes into the marker and
normally gives us a really nice

volume areas and then when New
York session opens we get a New

obviously me in terms of the
New York trading so we can see

have the breakout and a London
push and then after the London

from multiple examples the Asia
consolidation happens then we

have a tight range there. Here
we have a nice consolidation.

the Asia session and then has a
large push so this is where a

usually a consolidation phase.
Now after the Asian session, we

single day or at least most
days where we get three

Here we have one. We
essentially start and close the

multiple examples we see here
we have a very tight range. We

here and then actually ended
just down here just below where

range around the same area. So
the range started here, ended

doesn't come through every
single day but does come

through quite often and we'll
give you some good trading

so that is the two
characteristics from the Asia

and London we have Asia
consolidation and a London push

actually my favorite time to
trade which in the UK is from

the day so we can see here
consolidation London push

you are busy for the rest of
the day straight out at the end

we opened. Same thing here, we
opened there, we closed there,

here. We can see in these
examples, the range started

consolidation. Throughout that
age of session we normally just

see these pairs ranging
sideways. So if we look at

individual things. So the first
thing is the Asian session

some people have better
experiences on different

the way this is for major pairs
Euro USD GBP USD GBP JPY GBP

major pairs we see the same
formations pretty much every

session range just turn this on
and then remove everything

be trading but if you are
trading London and New York

focused I'm sure you can find
the same kind of

that shows the New York session
so like I say I'm going to

kind of formations happen day
after day now the first thing

you so looking at some of these
then we can see that the same

that is just the first
consideration that we need to

around. But if you use this
tool and by the way this tool

Asia session a cloud that shows
the London session and a cloud

So now we've covered the basics
it's time to talk about the

that we can swing it out so for
example a movement like this on

trading but for the most part
moving to a native currency

going to help us a lot when we
are trading in the intraday

currency pairs and may favour
those. But for the majority of

course are London and New York
focused. If you are Asia

AUD USDC USD JPY USD CHF all of
these major pairs are going to

work in generally the same way
top ones are Euro USD and GBP

here so you can see that yes
you are going to have those

session and then running
potentially out of session so

and dollar pairs are all really
great for London and New York.

USD. Essentially this is all
you really need but I know that

JPY for example we will see
that the Asia session provides

about. So far, with the high
time frame and the low time

perspective. And the session
characteristics that I know are

to get a good movement in
because the market's going to

think London session comes in.
You know generally late late

and not actually provide you
with any decent positions. So

large push and another large
push there and also another one

you're in you are trading the
right currency pairs for you.

the New York if we were to get
an intraday entry to sell

If you're trading major pairs
like most people do and like I

trading Euro pairs pound pairs
or US dollar pairs primarily,

even be held out longer if you
opt to turn them into a swing

intraday trade so because we're
learning both you can have a

We have here a decent push just
like a London session push in

area is a bit of a one off. We
have small consolidation same

is the F FXN Asian session
range I believe we did speak

as intraday trade and swing it
out if the market is telling us

are an Asian session trader
because that's where you're

session focused you may need to
do a little bit of dabbling

London and New York showing
there's not much volume there.

characteristics on those AUD
pairs JPY pairs NZD pairs and

talk through is make sure
regardless of the time zone

If you do want to do normal
standard day trading like you

session you're trading and
which currency pair you're

talking about currency pairs.
Euro euro pairs, pound pairs

large push in New York. So, for
the major pairs, the best time

to know is the Asia session is
in a consolidation phase and by

except these clouds and you
have a cloud that shows the

so on for yourself if those are
the time zones you're going to

may be up to trade London
session on an evening because I

for you to trade is going to be
through London and through New

teach you my personal approach
which is London and New York

these characteristics are going
to be exceptionally useful for

session characteristics.
Session characteristics are

as Euro USD or GBP USD for
example. But if we look at the

flexible trading style and you
can actually use them both in

space but for anyone who wants
to know what it is FXN Asian

primarily London and New York
trading focused. Now

large push through the Asian
session. Small areas for the

Asia sessions on the majority
of days we have obviously a

somewhere in here we could have
actually swinged that out all

Sure executing within a given
session would give you a better

going to get the majority of
your volume whereas if you're

conjunction to get some very
big trades starting in a

not going to be the best for
you. Now it's possible that you

is the prime trading time.
Trading pairs like Euro USD is

frame trading, what we can do
is sometimes execute position

fortunately I know almost all
of the students under the

like AUD JPY NZD is going to
work out better for you if you

about that when we were going
through setting up your work

instead of potentially
targeting here as you may on an

trade which is obviously the
beauty of what we've spoken

and New York, small Asia
session, large push in London,

seen that as one example of
many where the actual Asia

you are probably going to have
a tricky time actually trying

choppy sideways days but we all
get those regardless of which

have a London push and a New
York push. Asia consolidation,

USD Cad, USD JPY, All of these
major pairs that include Euro,

again we have the Asia
consolidation area. Then we

night but not too crazy if you
are based in those countries.

the Asia session here we have
another large push and another

a lot more volume than on the
other ones. So we can see this

obviously the beginner area.
But regardless we have three

session is very flat like all
the ones we just looked at and

probably do or you need to do
is actually head over to some

Now if you are situated in
Australia or in Asia where this

within each of these sessions
normally taking anywhere

trade. So one of the big
implications that we need to

is very flat and normally comes
out as a consolidation range.

the way down a big big large
number towards these lows

volume days on the Asian
session. So such as this area.

sessions have low volume. So
it's important that we

understand the sessions. We
understand the different

introdate trading. In the swing
trading side of things they're

between a few minutes to a few
hours and some of them could

area all the way to this area
through Asia. But as we've just

So looking at the chart here we
can see the Asia session was a

York Push, okay? So you can see
that this is a very consistent

currency pairs that work well
in those sessions and we

Foundation section if you did
watch that. Now if you're not a

chop sideways back and forth,
back and forth, back and forth

of the currency pairs naked for
that area. So if we look at AUD

this greyish red box. The Asia
session is the time of day

starts to close out. That is
actually around the open of the

going to work out like this.
Some days you will have large

trade are the London and New
York sessions. The Asia session

the high time frame trades are
okay no matter when you execute

In this video we're going to
talk about session timing and

New York session. And the New
York session brings a new push

pound or dollar crosses. Then
the best sessions for you to

up and it closes around the
time I'm going to get up for

the day around 7 AM. The London
begins around 8 AM and the

small consolidation. The London
session brought a lot of

on this image is marked up by
this blue box. We have the

different major sessions. We
the Asia Pacific session which

It's not the largest volume but
there is a nice push from this

market are actually you know
awake and trading. So this is

of volume and this is around
the time that those in the US

start with for sessions is the
currency pairs you're trading.

run till the end of the day but
this is when the volume really

beginner you may not have
watched that because it is

characteristics. So sessions
play quite a large part in

thing happens pretty much every
single day. Some days it's not

session. So there are three
major session types. I think we

understand the different
characteristics of each

Now that we've covered the
three major sessions, I was

major volume area closes around
midday. Now London session does

Push, New York Push, Asia
Consolidation, London Push, New

personally would advise you to
do Euro USD, GBP USD, GPP JPY,

will be waking up and getting
ready for the day to actually

session.

London push, New York push,
Asia Consolidation, London

not so important because you're
taking high timeframe trades.

volume. The New York session
brought a lot of volume. Same

session. Some sessions have
strong volume and other

where the Asian market and the
Australian and New Zealand

looking to take advantage of
the volume or the action in the

even scaling back here. Small
session, large pushes in London

York. Now, if you're executing,
you can normally get day trades

actually evening. This is 1 AM
for me that this really opens

spoke about these earlier in
the course in the Forex

London or European session
which is this green box and

then we have the US session or
the New York session which is

market of a specific day. Or
even a specific trading

entry or a faster move into
profit. But for the most part

them. When we're trading the
low time frames however we are