Timing Theory
Timing
Important Timing: (The Time you see here is GMT+2)
23:00 - 07:00 Asia Session Liquidity
08:00 - 09:00 Frankfurt Killzone
09:00 - 11:00 London Killzone
14:00 - 16:00 NY Killzone
15:00 Trap Time NY
17:00 London Close
How to use Timing:
Asia Session
The Asia Session can be always drawn as one big block. Which should illustrate the available liquidity above and below that zone. The idea is that the price
can hunt the High and Low or just one side and then continue the Trend. Remember the High and Low of Asia can also be just protected. You need to
understand the overall context to make that decision. Also keep in mind the Asia Midline. It can also offer us a powerful and valid POI to look at.
Frankfurt
Here we do have very often at the opening of this session a very nice opportunity. It often moves and attacks one side of the Asia Liquidity. In the Frankfurt
Session you cannot expect the biggest moves. For Example, on EU we should expect max. 20pips movement which allow us a crazy trading opportunity
already. It also prepares for the London Session.
London
This is the main session and can allow us the craziest trading opportunities. Here I am always looking right at the opening to get involved in the right
direction. Sometimes also here the price is doing a Trap Move and then it will move in the right direction. Very often London is targeting Asia Session High
or Low or even both. When the Killzone is over I also look to close my trade as afterwards we do see very often London giving us a pullback based on the
real movement which already occurred. If you missed the real move then you can of course still try to figure out an entry even after the Killzone, however it
is not the best time to trade in my opinion as everything starts to setup for the NY session. Also keep in mind that Frankfurt Move can be continued or the
Frankfurt Move was initiating as a Built Up Phase for the London Session to take over
New York
Here we have also nice possibilities. Very often the Opening is a Trap. The real movement will start around 15:00 as it is initiating a Fake Move first before
moving into the real POI. New York can continue or reverse London’s Trend
to create Low or High of the day.
What session should I trade now?
Well this depends on up to you. On your time where you are free to trade and the time zone where you are awake. This way you need to find your personal
trading routine. You have now all the relevant information to build up your trading routine.
What do I recommend or what session do I trade:
Personally I like to only trade the Frankfurt and London Session. If the Frankfurt Session is already clean to me then I will take that setup and I will look to
close it after a 20pip movement. Then on the London Session I will look for the main opportunity of the day where we can expect a bigger move. 20-60 pips
or even more depending on the overall situation. If I got my profitable trades, then I will very often not trade NY anymore. Still I like to give it a look and I do
live test my trade. Now if I do not get my profitable trade yet then I will also look for a trading opportunity in the New York session.
Personally, I would always recommend the Frankfurt and London session as they are easier to understand and to follow. So no matter where you live or at
what time you work try to build a routine to be able to trade the Frankfurt or London session. It does not require to be the whole time behind the charts.
You just need a few minutes to make the decision for the trade setup.
Important: Do not trade during the night if you have not back tested a good strategy for that. Spreads are super high. Especially 23:00 - 23:30. Usually at
00:00 everything should be good again. But this really depends on every individual broker.
Keep in mind if you are a Swing Trader that you are trading a little bit different and your target should be a crazy high Risk Rewards and holding that Swing
for a longer time period as your target is defined on the HTF Structure. Therefore, this information provided on this post should not be too much interesting
for you as you are not affected by these problems. Set and Forget Methodology.
Session overview:
https://forex.timezoneconverter.com/
Course was posted by www.tradesmint.com
