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.
Nysession
HOW IMPORTANT IS TIME IN THE FOREX MARKETS 💡⏰📊HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD ITS MONDAY LOTS OF OPPORTUNITIES AHEAD.
JUST SOMETHING ON TIMING IN THE MARKERT
📈📉📊⌚⏰⏱⏲
Every chart in trading has two axis ie. TIME & PRICE.
The most ignored of this two axis is TIME, now how important is time in trading. Are there some periods during the day that are most volatile than others of cause we all know NEW-YORK session will definitely be more volatile than ASIA or even LONDON sometimes, we know news releases are highly volatile and sessions opens normally see most spikes.
If this is the case why is TIME so underrated in trading or less incorporated in trading.
If you are starting out your Journey in trading you most likely have already invested in patterns ,support & resistance and everything price in the market in excitement watching various economic calendars and trade voraciously on every release of data, viewing the markets 24 hours a day, five days a week. Understanding time will remove this edge to be on charts all day long worse even seeing things that are just not there preventing unnecessary loses.
Unlike Wall Street, which runs on regular business hours, the forex market runs on the normal business hours of four different parts of the world and their respective time zones, which means trading lasts all day and night.
But understanding where you are in this Business will limit a lot of errors and back testing with Time will give you a perception of when your trades take off and what are your High success rate sessions, if you are scalping what are your range bound sessions, what ever type of trader you are time is a crucial aspect in trading.
So according to investopedia When only one market is open, currency pairs tend to get locked in a tight pip spread of roughly 30 pips of movement. Two markets opening at once can easily see movement north of 70 pips, particularly when big news is released.
So understanding this will help in reaching targets timely and reduces anxiety of being range bound in red before your trade takes you out and goes in your direction 😀
Overlaps in Forex Trading Sessions
The most traded & most popular will have to be the U.S./London (8 am. to noon NY TIME): This is the heaviest overlap within the markets with More than 70% of all trades happening when these markets overlap because of moves seen within this markets.
The we have the Sydney/Tokyo (2 am to 4 am NY TIME): This time period is not as volatile as the U.S./London overlap, but it still offers a chance to trade in a period of higher pip fluctuation, and certain pairs tend to be volatile during this certainly especially the once aligned with the sessions, tends to also be great for scalpers as most are range bound during this sessions and scalps can dominate during this sessions without unforeseen spikes 😁
• Last but definitely not least London/Tokyo (3 am to 4 am NY time) This overlap sees the least amount of action of the three because of the time (most U.S.-based traders won't be awake at this time), and the one-hour overlap gives little opportunity to watch large pip changes occur.
But this is the sessions that creates some important key levels to plan the day and execution of trades so no session is less important than the other the out come of each sessions lies with us as traders
• The forex market runs on the normal business hours of four different parts of the world and their respective time zones.
• The U.S./London markets overlap (8 a.m. to noon EST) has the heaviest volume of trading and is best for trading opportunities.
• The Sydney/Tokyo markets overlap (2 a.m. to 4 a.m.) is not as volatile as the U.S./London overlap, but it still offers opportunities
Then we have news Releases that are also based on time, if your strategy is based on capitalizing on news releases you are most likely aware of time and its importance in once trading.
I don't want this to be long so basically what I am saying is you have two axis on a chart, why are you only looking at the price axis, time has to come into playing some how 🤔
Invest in time to limit wasting your time on the charts...
Hope you enjoy this
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REFEREMCES.
Investopedia
The Best Times to Trade the Forex Markets ARTICLE
Volutrades
Timing Is Everything: The Best Times to (and Not to) Trade Forex ARTICLE
ICT SMART MONEY CONCEPTS By THE PROP TRADER
ICT SMART MONEY CONCEPTS KILLZONES
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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