ICT Kill Zones Time Asia London New YorkIn the fast-paced world of forex trading, timing is everything. While the forex market operates 24 hours a day, not all hours offer the same trading opportunities. That’s where ICT Kill Zones Times come into play. Forex kill zones are the time when high probability trading setup formed
These strategic time frames can open up a world of possibilities for traders who know how to leverage them. In this post, we’ll explore the concept of ICT Kill Zones ‘ times and how they can lead to high-probability trade setups and potential profits.
The ICT Asian Kill Zone Times: The Dawn of Opportunities
The Asian Kill Zone is the first of the strategic periods in the forex market. It is particularly relevant for traders dealing with the Australian dollar, New Zealand dollar, and Japanese yen pairs, as these markets are most active during this time.
What makes the Asian Kill Zone special is its volatility, driven by economic news releases that occur during this session. Traders who keep an eye on these news releases and their impact on the market can make the most of this period.
Main Characteristics of Asian Kill Zone
-During the Asian Kill Zone, traders can often find optimal trade entry patterns, offering potential gains of 15 to 20 pips for scalp trades.
-NZD, and JPY pairs are ideal for this time of the day.
-The Asian Open can sometimes set up an Optimal Trade Entry Pattern that can offer a 15 – 20 pip scalp.
-The Higher frame bias is helpful here – but short-term retracements in either Bull or Bear
-Markets can offer similar OTE Setups.
Asian Kill Zone Time
ICT Asian Kill Zone Times lies in between 8:00 PM Eastern to10:00 PM Eastern
ICT London Kill Zone Time
The ICT London Kill Zone takes center stage during the London trading session, witnessing the highest volume of order execution compared to other sessions. It is an opportune time for those trading the EUR and GBP pairs. Notably, the London Open often presents opportunities for traders to enter positions with the potential for gains ranging from 25 to 50 pips.
Main Characteristics of London Kill Zone
One of the distinctive characteristics of the London Kill Zone is its tendency to create the low of the day in bullish markets and the high of the day in bearish markets.
Time of ICT London Kill Zone
London Kill Zone of ICT lies between 2:00 AM to 5:00 AM Eastern Time
Traders should monitor the key times between 2:00 AM to 5:00 AM New York time to capitalize on the price action during the London session.
The New York Kill Zone Time: The Land of Opportunities
For traders dealing with major pairs coupled with the dollar index, the New York Kill Zone is an essential timeframe to watch.
Similar to other Kill Zones, this period often sets up optimal trade entry patterns, providing potential gains of 20 to 30 pips for scalp trades.
Time of New York Kill Zone
The New York Kill Zone occurs between 8:00 AM to 11:00 AM Eastern Time. This time is favorable for major pairs and benefits from the overlap with the London session, making it a golden opportunity for traders.
New York Kill Zone lies between 8:00 AM to 1:00 AM Eastern Time
The London Close Kill Zone: The Final Countdown
The London Close Kill Zone is a specific time frame that can create continuation points for swings that extend well into New York afternoon hours. It’s the last chance for traders to make their moves before the market closes for the day, making accurate predictions during this period potentially profitable.
Between approximately 8:00 AM to 9:00 AM Eastern Time (adjusted for daylight savings) , traders can find optimal trade entry patterns, offering opportunities for 10 to 20 pips of profit on scalp trades. Monitoring the key times from 10:00 AM to Noon NY time can yield valuable insights during the London Close Kill Zone.
ICT Kill Zone on During Daylight Saving Time (DST)
Now, let’s talk about Daylight Saving Time (DST), which starts on the second Sunday in March and ends on the first Sunday in November. During this period, Eastern Time is shifted one hour ahead to Eastern Daylight Time (EDT), which is UTC-4.
For example, let’s consider April 10th, and the time is 11:30 AM in Eastern Time (ET) during Daylight Saving Time. To convert this to Coordinated Universal Time (UTC), you add 4 hours to the local time:
11:30 AM ET (UTC-4) + 4 hours = 3:30 PM UTC
During Daylight Saving Time, the clocks are adjusted forward by one hour, giving us an extra hour of daylight in the evenings. When Daylight Saving Time ends, we set the clocks back by one hour to return to Eastern Standard Time.
ICT Kill Zone Setting on Trading View
On the TradingView chart, you’ll find the time zone option at the bottom right corner. To set the correct time zone, click on it, and choose “UTC-5” during regular days (Standard Time) and “UTC-4” during daylight saving time, which typically occurs from the second Sunday in March to the first Sunday in November.
ICT Kill Zones Indicator Trading view & MT4
A number of indicator are available on the trading view that automatically highlights the ICT kill zones on your chart.
ICT Kill Zone LuxAlgo is one of the best indicators available on trading view.
To Add ICT Kill Zone indicator you adopt the following steps:
Step1:Click on the indicator icon on top of the trading view
Step2 write LuxAlgo ICT Kill Zone
Understanding and effectively utilizing ICT Kill Zones can significantly enhance a trader’s success in the forex market. Each Kill Zone represents a unique opportunity with its own set of potential gains.
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🕔Trading Sessions🕔 What are the Operating Hours of the Forex Market?
The forex market is operational 24 hours a day, five days a week, excluding weekends. It commences trading at 5:00 PM EST on Sunday and concludes at 5:00 PM EST on Friday, resulting in a total of 120 trading hours, with a 48-hour break from Friday to Sunday (EST). The forex market caters to global traders, accommodating their needs irrespective of their time zone. The market is divided into distinct "forex sessions" based on global time zones, which experience varying levels of volume and volatility.
Trading hours are subject to variation depending on daylight savings and holiday schedules. During daylight savings periods, regions utilizing this system will observe a one-hour offset in the winter, which reverts to normal in the summer months.
🕔 What Is a Trading Session?
A trading session is a period of time that matches the primary daytime trading hours for a given locale. This phrase will refer to different hours, depending on the markets and locations being discussed. Generally a single day of business in the local financial market, from that market’s opening bell to its closing bell, is the trading session that the individual investor or trader will reference.
The markets for forex, futures, stocks, and bonds all have different characteristics that define their respective trading sessions for a given day, and the primary trading hours naturally differ from one country to another due to contrasting time zones.
Trading session hours can vary by asset class and country. The regular trading session for U.S. stocks starts at 9:30 a.m. and ends at 4:00 p.m. Eastern Time (ET) on weekdays (holidays excepted). These times are primarily driven by the working hours of the New York Stock Exchange (NYSE), which closes early at 1:00 p.m. ET on several occasions throughout the year associated with holidays.
The regular weekday trading session for the U.S. bond market is 8:00 a.m. to 5:00 p.m. ET.3 Futures markets, meanwhile, have different trading hours, depending upon the exchange and the type of commodity being traded.
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