New York Session — Complete Guide (BD Time)
Complete guide to the New York forex session. Opens at 6:00 PM Bangladesh time. Covers US economic releases, London-NY overlap, and ICT NY Kill Zone strategies.
New York Session Overview
The New York session is the second most liquid session and, during its overlap with London, creates the most volatile period in the forex market. For Bangladeshi traders, this runs from evening to late night, making it highly accessible.
| Detail | Info |
|---|---|
| 🕐 BD Time | 6:00 PM → 3:00 AM |
| 🌐 GMT/UTC | 12:00 PM → 9:00 PM |
| 📊 Volatility | High (Very High during overlap) |
| 💧 Liquidity | Very High |
| 🏦 Institutional Activity | Very High (Fed, US banks) |
| ⚡ Risk Level | High |
Best Currency Pairs & Instruments
- EUR/USD — Peak volume during NY
- GBP/USD — Strong continuation from London
- USD/CAD — US-Canada economic correlation
- USD/CHF — Safe-haven flows
- XAU/USD (Gold) — Massive moves during NY
- US30 (Dow Jones) — Opens 7:30 PM BD
- NAS100 (Nasdaq) — Tech-heavy index
- SPX500 (S&P 500) — Benchmark index
Market Behavior
The New York Sequence (BD Time)
| Time (BD) | Event |
|---|---|
| 6:00 PM | Pre-market activity begins |
| 6:30 PM - 7:00 PM | Major US economic data releases (NFP, CPI, etc.) |
| 7:00 PM - 7:30 PM | Initial reaction to data |
| 7:30 PM | US stock market opens (NYSE, NASDAQ) |
| 7:30 PM - 10:00 PM | Peak volatility — London + NY overlap |
| 10:00 PM | London closes — potential reversal point |
| 10:00 PM - 12:00 AM | NY afternoon — reduced volatility |
| 12:00 AM - 3:00 AM | Late NY — low volume, avoid trading |
The ICT New York Kill Zone in Bangladesh time is 7:00 PM to 10:00 PM BD. This is when the highest probability ICT setups occur — Power of 3 (AMD), Silver Bullet, and Market Maker Models.
The New York Reversal
One of the most powerful ICT concepts. At approximately 10:00 PM BD (when London closes), the market often:
- Reverses the London session move
- Takes profit on London positions
- Creates the "ICT New York Reversal" setup
This is especially common on Tuesday, Wednesday, and Thursday.
US Economic Data in BD Time
| Release | BD Time | Impact |
|---|---|---|
| NFP (Non-Farm Payrolls) | 6:30 PM (1st Friday) | 🔴 Extreme |
| CPI (Inflation) | 6:30 PM | 🔴 Extreme |
| FOMC Rate Decision | 12:00 AM | 🔴 Extreme |
| GDP | 6:30 PM | 🟠 High |
| Retail Sales | 6:30 PM | 🟠 High |
| Unemployment Claims | 6:30 PM (Thursday) | 🟡 Medium |
| ISM Manufacturing | 8:00 PM | 🟡 Medium |
Major US data releases at 6:30 PM BD can cause 50-200 pip spikes in seconds. Either trade the news with a strategy, or stay flat for 15 minutes before and after the release.
Trading Strategies
1. London-NY Overlap Continuation
- Identify London's established trend (1:00 PM - 6:00 PM BD)
- Wait for NY to pull back into a FVG or order block
- Enter continuation trades at 6:00 PM - 8:00 PM BD
- Target the next major liquidity level
2. ICT Silver Bullet (NY)
- Window: 8:00 PM - 9:00 PM BD (2:00 - 3:00 PM EST)
- Look for a FVG formed within this 1-hour window
- Enter on the mitigation of the FVG
- Small stop, target previous swing high/low
- Works best on Tuesday, Wednesday, Thursday
3. NY Reversal Setup
- Wait for London close (10:00 PM BD)
- Look for exhaustion candles or bearish/bullish engulfing
- If London was bullish, look for bearish reversal and vice versa
- Enter with stop beyond London's extreme
- Target 50% of London's range
4. Equity Index Scalping
- Trade US30, NAS100 from 7:30 PM BD (market open)
- First 30 minutes provides the best volatility
- Use 1-5 minute charts
- Target 20-50 point moves on US30
Scalping Suitability: ⭐⭐⭐⭐⭐ (Excellent)
Peak during 7:00 PM - 10:00 PM BD. Extremely high opportunity for scalpers.
Intraday Suitability: ⭐⭐⭐⭐⭐ (Excellent)
Perfect for evening traders in Bangladesh. Complete trade setups form and close within 3-4 hours.
Key Takeaway for Bangladesh Traders
The New York session is your evening session (6:00 PM - 3:00 AM BD). Focus on:
- 6:30 PM BD: Watch for US economic data reactions
- 7:00 PM - 10:00 PM BD: NY Kill Zone — your prime trading window
- 10:00 PM BD: London close — potential reversal setups
- After 12:00 AM BD: Avoid — volume drops significantly