|
Post by Sapphire Capital on Jul 10, 2015 1:57:01 GMT 4
Kill zones define a point of high liquidity in a market. They have traditionally been used in forex trading but apply to bitcoin as well since it is traded 24/7 365 days a year. 1. Asian Kill Zone This typically takes place between 00:00-03:00 UTC. It is referred to as the “institutional zone”, signifying the start of any new trends for the day or week. It can also can be referred to as a reloading period after the American session. 2. London Kill Zone This takes place usually between 06:00-08:00 UTC. London has long been considered the financial hub of the world. Traders will use this kill zone to begin establishing their positions in relation to the given trend. 3. New York Kill Zone This kill zone typically arises between 11:30-14:00 UTC. With America having the worlds largest economy while being relatively late in the global trading day, it is not uncommon to see violent price swings when this liquidity hits the market. Orange- Asian Kill Zone Green- London Kill Zone Red- New York Kill Zone
|
|