Weekly commentary 6 Flashcards
1
Q
When is the kill zones?
A
New york session - 7am - 10am
London session - 2am - 5am
2
Q
Why are the kill zones important?
A
Lows and highs are generally formed around the Killzone’s
3
Q
Why is it generally not favorable to trade on Fridays?
A
Friday’s generally do not contribute tot he weekly expansion, unless there’s a significant news event.
4
Q
What is the open float?
A
The open float is the liquidity resting on the left hand side when there’s a shift in market structure.
5
Q
What’s significant about weekly highs and weekly lows?
A
Weekly highs and weekly lows are significant pools of liquidity.
6
Q
A
