New York session

The New York session refers to the trading hours when financial markets in New York City are active, primarily between 8:00 AM and 5:00 PM Eastern Time. This period often sees increased liquidity and volatility in currency pairs involving the US dollar due to the volume of transactions from major financial institutions. It overlaps with the London session for several hours, creating a highly active trading window.

For a retail trader, the New York session can offer opportunities due to higher volatility and tighter spreads, potentially reducing trading costs. However, increased market activity also means higher risk, as price movements can be sharp and fast. Traders must manage risk carefully with appropriate position sizing and stop-loss orders. For example, a 1-pip move on EUR/USD in a standard lot is $10.