← All concepts
Killzone
A set window of the trading day, such as 9:30 to 11:00am ET, that a trader limits their entries to.
What it is
Killzones are time-of-day windows built around the major session opens, such as the London open and the New York open. A trader who uses them writes the windows into the plan and takes entries only inside them.
Why it matters
A killzone turns 'when do I trade' into a written rule. It keeps entries to the hours the plan covers, makes the journal comparable from one day to the next, and limits screen time.
NQ example ILLUSTRATION
A trader whose plan uses the NY AM killzone (9:30 to 11:00am ET) places no new orders before 9:30, cancels anything still working at 11:00, and journals any trade outside the window as a rule break.