The Secret to Trading the New York Session

The Secret to Trading the New York Session
March 31, 2022 Market Traders Institute

A popular way to trade foreign exchange currency is by focusing on one of the three major Forex Sessions (Tokyo, London, and New York). Check out the Analyst On Demand Trading Room, where veteran pro Tian Kriek teaches his unique strategies for trading the New York Session.

An interesting thing about the Forex market is that it’s open 24 hours a day and that allows traders across the globe to trade in these markets at their convenience.

That’s awesome! But there are also certain times when the price action in these markets is volatile. And different currency pairs can exhibit varying activity over a certain time of the trading day.

So, how can one trade these time zones and get the best out of them?

Well, if you ask our Senior Currency Strategist, Tian Kriek, the answer would be to trade the Forex markets with a strategy specially designed for the trading period you’ve chosen. That’s what he does in the Analyst On Demand (AOD) Trading Room.

In the trading room, Tian teaches a unique strategy to trade the New York Forex Session using Fibonacci ratios and Moving Averages. What’s more is he also shows you how to apply good equity management while trading the currency pairs in this session.

Now, before we tell you more about the Analyst On Demand trading room and Tian’s New York Session strategy, let us help you understand this session and how you can trade it.

What is the New York Session?

The Forex market has 3 major trading sessions – Tokyo, London, and New York.

Each of these see increased activity during a certain time of the day.

Here are some quick points on how things in the New York session look like:

  • Also referred as the North American trading session
  • Opens at 8:00 AM ET and closes at 5:00 PM ET
  • Can exhibit behaviors from the European or Asian Sessions
  • There’s high liquidity during the morning, as it overlaps with the European session
  • There’s huge volatility during the end of the week

There are also certain more characteristics of this session that could help traders successfully trade with a strategy during a pair’s most active hours.

For example, to trade the overlap in the New York and London Forex sessions, traders can use a break-out strategy that takes advantage of the increased volatility seen during the overlap.

Furthermore, choosing the correct forex pair to trade during the New York session can be the key to some potentially successful trades. For instance, staying on currency pairs that include USD, EUR, CAD, and GBP can be a strategy. Because these currencies are going to have the most volume and potentially the least amount of consolidating price action.

Trading the New York Session

The AOD Trading Room is where Tian hosts his New York Session or the North American Session and trades it LIVE with you Monday to Friday from 8:00 – 9:00 AM EDT.

He takes you through some of the best practices and strategies to use in the North American session and also how to deploy them.

Tian has developed a unique strategy using Fibonacci ratios and Moving Averages which he uses to successfully trade some currency pairs in the North American session.

Here’s a typical trade example…

Pips described represent net or overall pips for the trading period indicated. All results are based on simulated trading and are not live trading accounts. Please read our risk disclaimer for more information on hypothetical results.

While trading, Tian also teaches the participants how to apply good equity management. For instance, how to calculate the correct lot size so that you don’t overexpose yourself to risks.

Here’s how it works…

The AOD trading room will first help you build a strong foundation in the Forex.

And Tian will then elaborate on lessons learned in the trading room through various resources and by trading with you in real market conditions during the U.S. session.

The resources shared by Tian will have information on…

  • The directions and strategies for major and minor currency pairs
  • Risk warnings
  • Observations of the sessions and outlook on the market
  • Trend analysis of various currency pairs, and
  • Preferred currency pairs to trade during a particular session

Apart from that, you will also get to access various explanatory videos on Tian’s trading strategies, demonstrations of trading systems, SmartTrader tools, and a platform where you can network with like-minded traders who share similar trading styles.

About Tian Kriek

Tian qualified in Investment Management and Portfolio Analysis and decided to focus mainly on the Forex Market. He has 15 years of experience with trading and assisting fellow traders to reach new heights.

Tian is an expert technical analyst and his successful Forex trading career has been formed by a combination of discipline and application of the strategies taught in his New York Session.

Every week, within the trading room, Tian will immerse you in real market conditions and help teach you the keys to being a consistent trader across the board.

Just spend a little time in the Analyst On Demand Trading Room and we believe you could see great results for yourself.

You can access it by clicking here >>

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in foreign exchange you should carefully consider your personal venture objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place funds that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. The information contained in this web page does not constitute financial advice or a solicitation to buy or sell any Forex contract or securities of any type. MTI will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

 

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