I know overlap hours are the most active time of the market. But what I want to know is whether this fact also applies to one minute charts. In what sessions are one minute charts of low spread pairs usually trendy?
Every session at nearly every hour, if the market is moving even a little bit the 1 minute chart can 'trend'. 60 bars in an hour, a 20 pip move depending on the context could be trending, even though it wouldn't be considered so on any of the higher time frames. There's so much noise on one minute charts, a trend can reverse on a dime without any warning. They're the most difficult charts to trade from profitably, imo, but that's not to say it can't be done.
