Method
The start of the US cash stock market session at 9:30 New York time. US index CFDs like US30 trade around the clock, but volume and volatility usually jump at the New York open.
Times quoted for US setups — like the 10 AM Trap — are New York time. Because the US and Europe change their clocks on different dates, the gap between New York and London is four hours instead of five for a few weeks each spring and autumn, so set your chart to New York time rather than converting by hand.
Also called: ny open, new york session, us open, new york time.
Taught in
The 10 AM TrapStrategy PlaybookThe New York morning setup from the Reel: bias from the 4H, the range–trap–move sequence after 10 AM, the gap entry, the 1 : 2.1 risk math, the time zone catch, and the mornings to skip.
Related terms