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1. For Question #1 Read: When Can You Trade Forex: London Session
   Historically, London has always been at a center of trade, thanks to its strategic location. It’s no wonder that it is considered the forex capital of the world with thousands of businessmen making transactions every single minute. About 30% of all forex transactions happen during the London session.
2. For Question #2 Read: Forex Trading Sessions
   Actual open and close times are based on local business hours. This varies during the months of October and April as some countries shift to/from daylight savings time (DST). The day within each month that a country may shift to/from DST also varies. During winter (October/November to March/April), the Tokyo session starts at 7:00 PM EST or 12:00 AM GMT.
3. For Question #3 Read: Forex Trading Sessions
   The forex market can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and Pipcrawler’s favorite time to trade, the New York session.
4. For Question #4 Read: Forex Trading Sessions
   You can see that in between each forex trading session, there is a period of time where two sessions are open at the same time. During the summer, from 3:00-4:00 am EDT, the Tokyo session and London session overlap, and during both summer and winter from 8:00 am-12:00 pm ET, the London session and the New York session overlap. Naturally, these are the busiest times during the trading day because there is more volume when two markets are open at the same time.
5. For Question #5 Read: When Can You Trade Forex: Tokyo Session
   The main market participants during the Tokyo session are commercial companies (exporters) and central banks. Remember, Japan’s economy is heavily export dependent and, with China also being a major trade player, there are a lot of transactions taking place on a daily basis.
6. For Question #6 Read: When Can You Trade Forex: Tokyo Session
   About 43% of all forex transactions happen during the London session.
7. For Question #7 Read: When Can You Trade Forex: New York Session
   There is high liquidity during the morning, as it overlaps with the European session.
8. For Question #8 Read: When Can You Trade Forex: London Session
   Due to the large amount of transactions that take place, the London trading session is normally the most volatile session.
9. For Question #9 Read: Best Days of the Week to Trade Forex
   Looking at the chart of average pip range for the major pairs for each day of the week, it would probably be best to trade during the middle of the week, since this is when the most action happens.
10. For Question #10 Read: When Can You Trade Forex: London Session
    A large chunk of forex transactions taking place leads to high liquidity and potentially lower transaction costs, i.e., lower pip spreads.
11. For Question #11 Read: Best Times of Day to Trade Forex
    This is when the real shebang begins! You can literally hear traders crack their knuckles during this time, because they know they have their work cut out for them. This is the busiest time of day, as traders from the two largest financial centers (London and New York) begin duking it out.
12. For Question #12 Read: Best Days of the Week to Trade Forex
    On Fridays, liquidity dies down during the latter part of the U.S. session.