Session Open (London and New York)
Trade the busiest hours of the day, when volume and movement are highest.
Level
Intermediate
Style
Intraday
Timeframes
5m to 15m
Markets
Forex, index futures
When to use it
- You can watch the chart around the London open or New York open.
- You trade forex majors or index futures.
Settings
| Setting | Set it to |
|---|---|
| Signal Mode | Balanced |
| Minimum stars | ★★★ and up |
| Previous Day Levels | On |
| Support & Resistance | On |
Anything not listed stays on its default. See the Full Settings Reference for every option.
Step by step
- 1Mark yesterday's high, low and closeThese are common turning points in the first hours of a session.
- 2Let the first 15 minutes settleThe opening candles are often noisy.
- 3Take signals that clear yesterday's levelsA BUY that has already broken above yesterday's high has more open space.
- 4Be done before the session fadesQuiet hours tend to produce choppy markets and fewer stars.
Managing the trade
- Intraday moves are shorter. Take more off at TP1 and TP2.
- Close any open trade before the end of your trading window.
When to skip it
- High-impact news is scheduled in the first hour.
- The Market row reads choppy at the open.
Common mistakes
- Trading the slow Asian hours with session-open settings.
- Taking every signal because the market is busy.
Related playbooks
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