Snick3rSD

✅✅✅ Forex Sessions

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OANDA:XAUUSD   Gold Spot / U.S. Dollar
‼️ The Daily Range is defined by 3 important sessions, which are:
1. Asian Session
2. London Session
3. New York Session

‼️ The Asian session is characterized by being a consolidation (of 20 - 40 pips), due to the lack of liquidity in the market.
Delimitation:
The session starts from 02:00 until 08:00 (UTC+2).

‼️ The London Session is characterized by making the Low Of Day or High Of Day, it can be used to take traders to the opposite side of the true direction of the day (Because Of Liquidity).
Delimitation:
Not the whole London session need attention, focus on the first 2-3 Hours at the beginning of the session: From 09:00 until 11:00/12:00 UTC(+2).

‼️ The NY session is characterized by being a retraction after the London Session made the Low/High of the day, sometimes the NY session can make the Low/High of the day.
Delimitation:
Not the whole NY session need attention, focus on the first 2-3 Hours at the beginning of the session: From 14:00 until 16:00/17:00 UTC(+2)

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