The Increment Price Movement between Forex Pairs

The Increment Table of Price Movement between Forex Pairs in PIPS

Tokyo Market

Or called Asian Market, considering Tokyo is the center of trade in Asia, trading accounted for approximately 21 % of the total transactions for the day. With Yen as the favorite currency.

Some of the traits / characteristics of the Tokyo market session are :

• Apart from Japan, the countries with the second economic power ( Hong Kong, Singapore, Australia, Seoul ) is also active in the market transaction. Together with China, Japan is exporting countries so that in addition to the Bank of Japan, China, many commercial entrepreneurs in Export / Import also participated actively traded it too.
• At certain times of liquidity can be very small, looks at a very small price movements ( do not change within a relatively long time ). This small price movements that allow to form breakout level of the previous trend that occurred in the American market, so there is a phase of consolidation of a pair.
• Most of the movement occurred when the early trade, in which at the times a fundamental economic news released or announced.
• Tokyo Market session will also give little impact on next markets session opening, Because traders in Europe and America will see what happened in the forex market before, through the Tokyo market session.
• Pair that may be of interest to you to trade in the Asian session are JPY and AUD. By the way China also has grown to be a new economic power, when they released their important news, Jpy pair will also be affected.

Let's see the  how it compares to the movement of pips, in each market.

Pair	Tokyo Session	London Session	NewYork Session
EUR/USD	76	114	92
GBP/USD	92	127	99
USD/JPY	51	66	59
AUD/USD	77	83	81
NZD/USD	62	72	70
USD/CAD	57	96	96
USD/CHF	67	102	83
EUR/JPY	102	129	107
GBP/JPY	118	151	132
AUD/JPY	98	107	103
EUR/GBP	78	61	47
EUR/CHF	79	109	84

London Market Session
Or European markets took the biggest portion of which is nearly about 36 % of the total market trade. European market is the most crowded moment, in which thousands of entrepreneurs worldwide snapper forex trading transactions.

Some characteristics of Tokyo Market session are :

• Due to the London session has time overlapping with other markets then it becomes very crowded session. This results in very high liquidity and spreads into smaller pips.
• Range of price movements to be very high ( Volatile ).
• Trends happened to the majority of the session will continue until the beginning of the trade in the New York market.
• During the day volatility will decline as the noon hour to eat and wait for the American session open.
• Some of the important news in the Euro zone will also greatly affect the price movement.
• At the time of European session this all to be very interesting pair to trade, because of hectic trade. But who strictest remain on the major pairs : EUR / USD, GBP / USD, USD / JPY, and USD / CHF. Some cross pair such as EUR / JPY and GBP / JPY also be glimpsed as it moves fairly stable, many traders love this pair of cross pair.

NewYork market
NewYork market accounts for about 19 ​​% of the total trade. New York is the center of trade and business in America , the city is also nicknamed the " City that never sleep " means the city that never sleeps.
And as we know that the USD is the currency of the world, nearly 90 % will always involve trade dollars inside.
Some of the traits / characteristics of NewYork market session are :

• High liquidity during the morning ( early trading ), because of overlapping with the European session.
• As an important economic news U.S. release will have enormous power to move prices in pasar.Ingat 90% of the trade involving the dollar.
• After European markets closed, the liquidity and volatility also tends to decrease ( when the U.S. afternoon session ).
• On Friday U.S. time, the trade will decrease drastically, as traders Asia and Europe had stopped to move, they are preparing for the holiday weekend.
• Some also possible trend reversal is often the case in the period of time after the afternoon session Americans. Some traders do not want to leave open positions to avoid things or news that may occur on weekends.
• As in the European market, all very interesting couple pair played on the American session, you only need to give extra attention to a time when important news will be and is being released, the dollar will move wildly and even skipping.