What's your method for choosing which pair to trade today?

Scanning the whole market invites randomness; a selection process channels attention. Some traders rank pairs by session and calendar, others by which chart has the cleanest setup.

What's your method for choosing which pair to trade today? — trading sessions clock diagram
The four forex trading sessions across a 24-hour day

How do you pick?

  • the filters you apply before opening charts
  • how session time and news days shape the choice
  • the pair you always come back to
What's your method for choosing which pair to trade today? — risk-reward diagram
A risk-reward ratio of 1 to 2

The sessions guide and calendar are the standard first filters.

Background: Forex market hours: the Sydney, Tokyo, London and New York sessions

Currencies trade around the clock on weekdays, but not with the same liquidity. Session times in UTC, the overlaps that matter and the daylight-saving trap.

What time does the forex market open on Sunday?

Most brokers open at 5 p.m. New York time on Sunday, which is 21:00 UTC in summer and 22:00 UTC in winter.

What is the best time to trade forex?

Liquidity is usually highest during the London–New York overlap, roughly 12:00 to 16:00 UTC in the northern summer, when spreads on major pairs tend to be tightest. Whether that suits you depends on the pairs you trade and your strategy.

Read the full guide

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