Although Forex is active 24/7, not every hour is suitable for scalping.

[mikeyjerou]

Although Forex is active 24/7, not every hour is suitable for scalping.

No scalper wants to sit in front of the monitor for numerous hours bored and disappointed with the “sleeping” price as it literally moves nowhere.

Scalpers hunt for volatile, liquid market. There are 4 major market sessions: London, New York, Sydney and Tokyo session. To trade effectively scalper needs to learn behavior of a chosen currency pair and define most active sessions, even particular hours for this pair to be able to catch good price moves.

[grisleback]

Here's a chart of the average pip movement per session that may be useful

 

http://i45.tinypic.com/vqrzmf.png

[Ramon Ramirez]

Here's a chart of the average pip movement per session that may be useful

 

http://i45.tinypic.com/vqrzmf.png

 

 

Thank you :)

[mikeyjerou]

Great!! thanks..

[newstrading]

You need to know opening and closing times to each. On a given time more than 2 are working. Thisis the most volatile time.

[mikeyjerou]

The spreads during the Asian sessions make scalping difficult.

 

I think it is better left to the London, and first half of the US session.