London-New York Overlap

The hours when London and New York are both open have the most liquidity of the day. That's when the direction London picked in the morning either gets confirmed or rejected.

This continuation strategy follows London's direction and waits for a pullback to the broken Asian level, a cleaner entry than chasing the move.

When it works

On days when London breaks the Asian range decisively. In Paris time the overlap falls in the afternoon, so it suits people who can keep that window free.

The setup

London sets the direction of the day by breaking the Asian session range.

Common mistakes

• Trading the overlap on a day when London never broke the Asian range.
• Chasing price instead of waiting for the pullback.
• Ignoring US news releases that land inside the window.