Sessions & Time
When markets move. These terms cover the trading sessions around the world, the hours when the largest moves tend to happen, and the opening prices and gaps that traders use as reference levels for the day and the week.
7
terms in this topic
2
with a chart or figure
6
taught in an Academy lesson
12
other topics
7 terms, A to Z
- 3beginner
- 2intermediate
- 2advanced
- Asian rangeThe high and low of the quiet Asian session; London often sweeps one side of it before the real move.
- Expiry dayThe day a futures or options contract stops trading and is settled; after it, the contract no longer exists.
- KillzoneICT's windows when big moves are most likely: London 2-5 am and New York 7-10 am, New York time.
- Midnight openThe price at 12:00 am New York time, which ICT treats as the start of the trading day.
- NDOG and NWOGFutures gaps between the 5 pm close and the 6 pm reopen (NDOG), or between Friday's close and Sunday's open (NWOG).
- Pre-market and after-hoursThinner stock trading sessions before 9:30 am and after 4:00 pm New York time, with wider spreads.
- Trading sessionThe hours when a major financial centre is active; forex moves from Sydney to Tokyo to London to New York.