Hi, If I traded XXX/JPY pair, when will the price start to move? Is it 10 AM Japan time? Or something else?
it depends a lot what the XXX is.
It could be easy to say that any XXX/JPY would move in the asian session.
But the USDJPY would likely move more in the US session.
EURJPY would likely move more in the EUR session.
This because the EUR and US session are generally more volatile(movement).
Also the USDJPY and EURJPY are more liquid. This means that usually the spreads are lower.
If you are looking purely for maximum movement (high volatility) you better watch for news events rather than sessions (such as interest rate changes in Japan)
I traded GBPJPY. However, I noticed that sometimes it moves around 11 AM Japan time. Is this also possible?