Speaker A
Yo, what up, guys? Welcome to Time in the Market Explained. So, as you guys know, or as you guys hopefully should know, timing within the market is very, very important, okay? If we do not understand the time of the market, then
Learn the importance of market timing and key trading sessions, focusing on the New York session for high probability trades.
Ask about this video. Answers come from its transcript only — with the timestamp, so you can check them.
Generated from the transcript and can be wrong — check the timestamp.
Key Takeaways
- Market timing is essential for consistent, high probability trading.
- New York session timings are critical for trading US indexes like S&P 500 and Nasdaq.
- Manipulation typically occurs shortly after market open, providing entry opportunities.
- Liquidity draws at session highs and lows are key to understanding price movements.
- Trading beyond 10:30 AM ET is less effective due to reduced market activity.
What the video covers
- Understanding market timing is crucial for making high probability trading decisions daily.
- The market is divided into three sessions: Asian, London, and New York, with a focus on the New York session for US index trading.
- Asian session runs from 18:00 to 3:00 ET, London session from 3:00 to 8:30 ET, and New York session from 8:30 (pre-market) to 17:00 ET.
- Pre-market manipulation typically occurs around 8:30 to 9:30 ET, signaling new money entering the market.
- The spread hour between 17:00 and 18:00 ET sees low liquidity and high spreads due to no market being open.
- Key New York session times include market open at 9:30, manipulation timeframe from 9:30 to 9:50, and an entry period from 9:50 to 10:10.
- Manipulation during these times often involves pushing price to session highs or lows to draw liquidity before reversing.
- Traders should ideally find entries by 10:30 ET as market activity tends to slow afterward.
- Examples demonstrate consistent patterns of manipulation and entry points within these timeframes.
- Understanding these timeframes helps traders anticipate market moves and optimize trade entries and exits.
Chapters
- 00:00Introduction to Market Timing
- 00:44Overview of Market Sessions
- 01:34Pre-market Manipulation and New Money
- 02:18Spread Hour and Market Liquidity
- 02:55Importance of Session Highs and Lows
- 03:35Key New York Session Times for Trading
- 04:12Manipulation and Entry Timeframes Explained
- 05:10Examples of Market Manipulation and Entries
- 09:20Summary and Final Thoughts
Full Transcript — Download SRT & Markdown
Speaker A
we are not going to be able to trade just with high probability on a daily basis, right? Our goal in trading is to be able to make high probability decisions within the market of where price is going to go on a daily basis. And
Speaker A
without understanding the timing of things, we are pretty much screwing ourselves over. So, we already mentioned that there are three sessions, and luckily for us, because we trade US indexes, we're really only looking to be trading New York session. So, there's
Speaker A
the three session times, and then there's specific times during New York session that are very valuable to us, so we'll go over them. So, first, there's Asian session, Asian persuasion. It starts at 18:00, and it goes till 3:00, okay? Then, next, we
Speaker A
have London session, okay? London session goes from 3:00 till 8:30. Technically, oops. Technically, London session goes till 11:30 New York time, but we want to end all of these sessions when the next one is opening. So, Asian session, London
Speaker A
session pre-market actually opens at 2:00, but London session market open opens at 3:00. New York pre-market opens at 8:30. The reason why I have it marked out at 8:30 is that very typically, we will actually see
Speaker A
pre-market manipulation, so it's very important that we understand that that is when new money is coming into the market. That's when US traders are coming into the market. And then, for New York session, we go from 8:30, which
Speaker A
is pre-market, to 9:30, which is market open. So, that's pre-market. And then, we go from 9:30 all the way to 17:00.
Speaker A
And then, the gap between 17:00 and 18:00 is what we call spread hour, where there is no market that is open. And that's typically when you guys will see, if you guys trade on like a CFD broker, or a
Speaker A
forex, or a commodities broker, you will see the spreads on every single pair get very, very large. It's because there's no money in the market, okay? We call the spread hour. So, now that we understand this, you're probably saying,
Speaker A
well, how is this useful to us? Well, we already talked about it a little bit when we mentioned session highs and session lows within the advanced liquidity concept video, where we say, hey, these sessions are very important because we can see new
Speaker A
money coming into the market and manipulating the session highs and session lows. And we understand that when new money comes into the market, it's going to want to find some sort of manipulation and then reverse towards a draw on liquidity, right? That's just
Speaker A
what we know when new money comes into the market. So, awesome, these times are very, very valuable to us. Now, let's talk about specifically, because we already talked about how session times are useful for us, but if we're trading
Speaker A
the S&P 500 and Nasdaq, which is what I'm teaching you guys how to do within this series, then we need to know the specific times during New York session that are going to be valuable for us.
Speaker A
So, we have open, right, which is at 9:30 a.m. Eastern time. Again, we're operating on Eastern time, okay? And then, we have what I call our manipulation time frame, which is from 9:30 to 9:50.
Speaker A
And then, so we have open at 9:30, we have manipulation from 9:30 to 9:50, and then from 9:50 really till like 10:10.
Speaker A
Wow, look at that. From 9:50 to 10:10, we have our entry period. And then, the rest from there, like we kind of just carry on. We also have PM session that opens at around 1:00 p.m.
Speaker A
Me, personally, I don't trade this, but we can add it on there as well.
Speaker A
So, cool. Now that we already understand the use case for the previous sessions and how that's useful for us to be able to identify manipulation from each session, and we can use them as solid draws on
Speaker A
liquidity, whether we're looking for it as a target, or whether we're looking at it for an entry. Now, how are these times useful for us as New York session traders? Well, I'll tell you this. We know that because market opens at 9:30,
Speaker A
there's going to be new money coming into the market. And because new money's coming into the market, what can we expect from New York session? We can expect there to be some form of manipulation. So, awesome. What times is
Speaker A
price typically going to be manipulating from, whether it's a high time frame draw on liquidity, or a low time frame draw on liquidity?
Speaker A
Well, there's going to be manipulation from 9:30 to 9:50. Sometimes, the manipulation happens, you know, from 9:30 to 9:40, and there's an entry at 9:45, but typically, the manipulation, whether it's on the high time frame or the low time frame, is
Speaker A
happening within these time zones. And then, from there, our typical entry is going to be from 9:50 to 10:10. That's just called the macro. It's what a lot of, typically, the ideal entry time. And then, for me, I am if I can't
Speaker A
find a trade by 10:30, I'm done for the day, because that's when the market tends to slow down. So, this is going to be a very quick video. This is really all that we, all that we need. We can go,
Speaker A
and we can show examples of this happening in real time. So, let's go to the previous day.
Speaker A
Right here. Okay. So, let's look at this real quick. So, we have 9:30. Oops, that's 9:25. So, we have 9:30, and then, we have 9:50.
Speaker A
So, this is a good example of boom, within this time frame, what are we doing? We are manipulating up, and then by the time 9:50 comes through, what does it deliver us? It gives us an entry at 10:00, and then the ideal
Speaker A
the ideal position would have been to short down to these high time frame lows right here. We're not going to go exactly into strategy and what trades we should be taking on this. We'll get into that when we put everything together
Speaker A
with all of our confluences. But, we can see very clearly that from 9:30 to 9:50, what were we doing? We were manipulating up, and then we came back down, and then boom, 9:50 hits, we get one last push up to give us our entry,
Speaker A
and then boom, we trade all the way down to the high time frame draw on liquidity by 10:05, and then boom, our trade is done for the day.
Speaker A
Awesome. Let's show another example of this, and this is literally all that we're going to be going over today, just very, very simple, going over the valuable times for us, okay? So, we'll go 9:30 right here.
Speaker A
And this is another really freaking good example of this. And 9:50. Oh my goodness, it's beautiful.
Speaker A
Literally happens every single day. So, let's look right here. 9:30 opens, what do we do? We come down, we manipulate these high time frame lows, and then boom, 9:50 hits, we get the manipulation, we come up, we get a
Speaker A
retrace, we get our entry right around 10:00, and then boom, we get an extension higher. Beautiful, beautiful, beautiful. Let's keep going, and we'll just show literally just a couple more examples of this.
Speaker A
And this is all that I really want to cover for this today. I know it's going to be a little bit short, but this is really all that we need to cover on this topic, talking about the times.
Speaker A
So, let's get into this. 9:50. Boom. So, we can see market opens, what are we doing from 9:30 to 9:50? We are manipulating up and higher, and you know, who knows if there was an entry within here, but regardless, maybe we
Speaker A
were able to see an entry right here at 10:05, and then what does price do? It comes down, and then delivers to take out all of these low resistance draws on liquidity right here.
Speaker A
Okay, let's show one more example. This was a high impact news day, so this isn't going to be super beneficial for us.
Speaker A
Let's look at Monday. Okay, this isn't a very good example. Let's see if we can look at the 1-minute to see if we can see this a little bit clearer.
Speaker A
Yeah, this price action kind of sucks. But, it is what it is. In this case, we get boom, market open. The manipulation time fram...
Speaker A
later at 9:52. We sweep out these legs, and then we get the expansion higher.
Speaker A
So, in this case, the manipulation was just 2 minutes to 2 minutes later than our typical manipulation time frame. And that's the thing, like this doesn't have to be point-blank period, like we can only look to enter at 9:50 to 10:10.
Speaker A
That's not the case. I take trades at 10:20 sometimes. I take trades at 9:45 sometimes. But, it's just very good for us to be able to identify, hey, market opens at 9:30, we are typically going to see some form of of manipulation, like
Speaker A
bare minimum, some form of manipulation between the times of 9:30 to 9:50. And then, from there, we're typically going to get a good entry point for the overall hourly trend from 9:50 to 10:10 and then we know PM session starts at
Speaker A
1:00 and then the rest is all good. So, I mean, dude. That was pretty freaking simple class today, but that's really all that we need to cover. Um, tomorrow we'll be going over very briefly talking about some funded
Speaker A
accounts, the best prop firms for you guys to use and then from there we can actually start putting stuff together in terms of like strategy, um, how to actually take trades and putting all of this stuff together. But first we I want
Speaker A
to introduce funded accounts to you guys and explain kind of in-depth, um, because a lot of you guys are getting into these funded accounts with like literally no knowledge of like what the risk parameters are and like what risk
Speaker A
you're actually taking on when you buy the funded account and understanding all those rules. So, I want to make sure that that is very clear for you guys before you guys jump the gun and like start a live account or
Speaker A
start trying to trade on a funded account. We'll go over brokerage and we'll also go over over funded in that video. So, that being said, love and appreciate you guys. I'll see you guys tomorrow. Peace.
Topics:market timingtrading sessionsNew York sessionpre-market manipulationliquidity drawsS&P 500 tradingNasdaq tradinghigh probability tradesforex spreadstrading strategy
