NEW YORK SESSION IN FOREX TRADING

NEW YORK SESSION

 The NY session is characterized by being a retraction after the London Session made the Low/High of the day, sometimes the NY session can make the Low/High of the day. Not the whole NY session need attention, focus on the first 2-3 Hours at the beginning of the session: 

From 14:00 until 16:00/17:00 UTC(+2) 

 MANIPULATION

usually occurs at the opening of the London session (sometimes it can be NY open), this Manipulation consists of taking the price to the opposite side of the true direction of the rest of the day.

 Distribution: occurs when MMs liquidate (Exit) their positions.

SEE below;

KevriserKE