If you want to learn forex trading, it is important to remember that most of the major currency pairs are related to the US dollar, so most of the action “liquidity” comes from the US session.

There are very many strategies that you can learn to trade forex, taking advantage of movements that may only last minutes to hours. Today we will show you one way in which you can learn how to trade forex.

One strategy you can learn to trade forex is to trade a breakout of the first 30 minutes. So, if you were trading from 8am New York time, the most active time, you would mark the high and low of the first 30 minutes of trade. Traders will then look to get long on a break high or short on a break lower, taking advantage of the liquidity and market action. If you can imagine the scale of all international trade, you can easily understand why the FX market is so liquid, particularly when the US and European markets are trading.

The above forex strategy is only one of many, it’s always best to play around and find one that fits your personality. There are many different strategies you can learn to trade forex.