so many people ask me what's the best
time of day to trade and I just I can't
explain enough how crucial it is to not
be stuck in the market when there's no
volume there's no trading action you're
just sitting there watching price be
flat I want you to focus on specific
times of day and in this video I'm going
to show you what those specific times of
day are and why the price moves so much
during those times a day so without
further Ado let's jump into the charts
and show you guys what the best time of
day to trade actually is okay so that
you guys can have a simple view of what
the best time of day to trade is what I
want you to do is change your chart time
to UTC minus four so that we can have
the same views on things essentially
right here I have a dotted line that
shows midnight in New York because New
York is in America and America runs the
world we're just gonna focus on that
time this is when the day a starts and
this is when the day ends as you can see
there was a huge price spike right here
in the middle of the day this price
spike started at about 8 AM and ended at
about 3 P.M what time are banks in the
U.S open from nine to five so just
focusing on this area right here this is
essentially when U.S banks are open in
New York UTC minus four so whatever your
time zone is for example I'm UTC plus
two I would have to subtract 6 hours to
see this area as you can see this middle
of the day in New York is always when
price moves the most on the sides of
this area is when price is not moving
you don't always get these huge
movements but you do get movement in the
middle of the day when banks are open
from nine to five in the United States
in New York every single day that is
when price moves the most some days
price movement sucks or does not move at
all but most days this is where you will
find the most price movement so the
simple answer is not what session what
time are banks in New York open 9 A.M to
5 p.m Eastern Standard Time also known
as utc-4 so to narrow it down even
further what I would like you to do is
only trade a maximum of three hours per
day when the Market opens in New York
that 8 AM 9 A.M time there is a lot of
this wish-washy movement this is where
people get screwed because price is
moving up and down and trying to collect
liquidity before deciding on a direction
for the day this is the first hour of
Market open or the first hour and a half
of Market open I want you to completely
avoid that I want you to start trading
at about 11 o'clock 11 A.M New York time
Eastern Standard time utc-4 and I want
you to focus on the next three hours so
till about 2 p.m or military time 1400
this gives you a three hour window to
trade that will keep you out of areas
where price is either flat and not
moving during Tokyo session or
pre-market open during London where
there's a little bit of price movement
but not as much and just focus on the
main movement and also keep you out of
these zigzagging wish washy I got
stopped out right when the market opened
I don't know why it was supposed to be
bullish blah blah blah avoid these
Market opens because they will
inherently screw you over as price is
quickly trying to grab a little bit of
liquidity before it goes up or down in
its direction so don't trade don't trade
don't trade only trade this anyway I
hope you guys enjoyed that video I hope
you got some value out of it please let
me know if you have any other question
down in the comments section down below
or if you have recommendations for a
video that you would like to see thank
you so much for watching and we will see
you in the next one