FRX108-110 Trading View, when to trade,
buy vs sell Exam Questions and
Answers
Trading view - ANSWER-Free, analysis, info, etc, chart markup.
When to trade forex - ANSWER-4 sessions, market overlaps
Sydney session - ANSWER-5pm-2am. Marks the start of the trading day, smallest and
calmest session to trade,
Tokyo session - ANSWER-7pm-4am. Starts the second trading session of the day, 3rd
largest trading center in the world, JPY makes its move and is the 3rd most traded
currency pair in the world (6% of total forex transactions),
Asian session - ANSWER-5pm-4am. Sydney and Tokyo session combined, low liquidity
and trading volume which makes it a great session for new traders to find their footing
and spot ideal set ups
London session - ANSWER-3am-12pm. Third session of the trading day, largest trading
session, liquidity and volume are at an all time high and traders are anticipating to make
profits, 34% of all forex transactions happen in this session,
New York session - ANSWER-8am-5pm. Fourth and last session of the trading day, 2nd
largest trading session in the world, 85% of all trades involve the US dollar, many major
news releases happen during this session greatly affecting the market
Session overlap - ANSWER-When two major market sessions are open at the same
time resulting in high volatility, liquidity and volume due to all market participants trading
at the same time.
Overlaps:
Tokyo/London: yen, pounds, chf 3am-4am
(BEST OVERLAP) London/New York: pounds, euro, usd, major news release 8am-
12pm
Buy - ANSWER-Buy low, uptrend, market is going "long", bullish force
Sell - ANSWER-Sell high, downtrend , going "short", bearish force
buy vs sell Exam Questions and
Answers
Trading view - ANSWER-Free, analysis, info, etc, chart markup.
When to trade forex - ANSWER-4 sessions, market overlaps
Sydney session - ANSWER-5pm-2am. Marks the start of the trading day, smallest and
calmest session to trade,
Tokyo session - ANSWER-7pm-4am. Starts the second trading session of the day, 3rd
largest trading center in the world, JPY makes its move and is the 3rd most traded
currency pair in the world (6% of total forex transactions),
Asian session - ANSWER-5pm-4am. Sydney and Tokyo session combined, low liquidity
and trading volume which makes it a great session for new traders to find their footing
and spot ideal set ups
London session - ANSWER-3am-12pm. Third session of the trading day, largest trading
session, liquidity and volume are at an all time high and traders are anticipating to make
profits, 34% of all forex transactions happen in this session,
New York session - ANSWER-8am-5pm. Fourth and last session of the trading day, 2nd
largest trading session in the world, 85% of all trades involve the US dollar, many major
news releases happen during this session greatly affecting the market
Session overlap - ANSWER-When two major market sessions are open at the same
time resulting in high volatility, liquidity and volume due to all market participants trading
at the same time.
Overlaps:
Tokyo/London: yen, pounds, chf 3am-4am
(BEST OVERLAP) London/New York: pounds, euro, usd, major news release 8am-
12pm
Buy - ANSWER-Buy low, uptrend, market is going "long", bullish force
Sell - ANSWER-Sell high, downtrend , going "short", bearish force
