ICT Market Maker Primer Course - 04 - The ICT Asian Killzone.srt

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ICT: Okay, folks, welcome back. This teaching is going to be

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specifically dealing with the ICT Asian kill zone.

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Okay, the Asian kill zone. This is the first of several

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specific times of the day where I like to look for setups.

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Admittedly, this is the least active time of the day for me.

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I live in the North American continent on East Coast. So

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whatever time it is in New York time in states, that's my

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local time. So what ICT concepts are going to use in this

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module. Again, the importance of time and price,

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the Asian open

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the asian session

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and important characteristics that make up the asian

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session. Okay, first, we're gonna get into the agent open.

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Now, this time of day,

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you're going to find that the Australian dollar, the New

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Zealand dollar, Japanese yen pairs are ideal for this time

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of day. They're active there. Markets are open at that time.

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And it goes without saying that their markets are trading

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actively as it relates to their specific currency and

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country of origin.

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This

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small little window of opportunity for North American

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traders, the trade after a nine to five job could fit

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exactly what you're hoping to do as a part time gig if you

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will. And or your trading model could be completely built

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around the asian session and never be up for the woman or

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trade in New York session. Now, the Asian open can sometimes

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set up an optimal trade entry pattern that can offer 15 to

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20 pips for a scalp. Now the higher timeframe bias is

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helpful here. But short term retracements in either a bull

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or bear market can offer similar optimal trade entry setups.

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As an example here, this is the dollar yen pair. And again,

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I'm not trying to zoom in on these charts, because the

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details are not important at this point. I'm just trying to

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build up an overview of the specifics about the asian

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session that are important right now, the salient points if

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you will, there's other details and a lot of details that go

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into this timeframe. But you're going to find that if you

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are looking for trades in this time of day, these pairs the

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Aussie New Zealand dollar Japanese yen tend to do very well.

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As you can see here, in this example to the right, you can

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see the agent open as delineated here. And if you look at

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forex Ltd, that's the demo account I teach with. If you hit

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Ctrl y on a 15 minute timeframe, that vertical line is going

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to be delineating what I refer to as the Asian open. Now,

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it'll fluctuate back and forth relative to daylight savings

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time. But for the most part, I'm looking at a window of

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about two hours. So even though it may not start exactly at

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seven o'clock or eight o'clock in the states in the evening

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time, relative to the daylight savings time,

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shifted, takes place.

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If that shift is taking place in terms of time, like right

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now we are in daylight savings time at the time of this

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recording in December 2017. In when we leave this

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daily Same as time, it'll

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shift a little bit, but I use a two hour window said it

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doesn't have a great impact at all. So what I look for is a

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move that originates or forms immediately after the Asian

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open. Another example here the New Zealand dollar, again,

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very similar. This one, you can see the optimal trade entry

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comes down with just one singular candle on a 15 minute

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timeframe comes down to an optimal trade entry, runs equal

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highs in the previous day's range and ultimately runs all

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the way up to the previous Friday's high. Now this is all

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done during the asian session, prior to Frankfurt open or

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London open. Now we're gonna talk about the asian session.

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Now, the periods when the market is not willing to run in

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the asian session hours, there's not gonna be an optimal

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trade entry pattern, it will consolidate until midnight New

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York time. Now, the Asian trading session actually extends

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beyond the midnight hour of New York time. But I focus

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specifically in the realm of the agent open to midnight. So

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there's a range of several hours, okay, that I deem as the

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agent session for my trading, even though it does trade,

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past midnight, New York time. The setup or the information

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that I gleaned from these hours prior to midnight, are going

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to be covered in future tutorials and teachings. But there

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is a limitation, because I go into greater detail in the

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mentorship but you will get a plethora of insights using

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this specific range of time. But for now, the importance of

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the consolidation holds many clues to how the daily range

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will develop over the remainder of the 24 hour trading day.

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Now, these will be covered again in future lessons. But I

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want you to take a look at this example here the euro

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dollar. Now, generally, this pair isn't very active during

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the asian session, there are times when it is active and it

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creates a significant higher low or it begins the daily

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range higher low in this delineation of time. For the most

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part, it tends not to do that. So when it's not doing that,

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we can view this asian session as a consolidation that will

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in future lessons be very meaningful and significant terms

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of our analysis. Much like the euro dollar, the pound

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dollar, again generally is not very active in this time of

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day. So when it is not poised to make a significant higher

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low during the asian session or start running off of an

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optimal trading Entry during the asian session, again we

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would anticipate that particular time of day to be in a

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consolidation. And again these consolidations will be very

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significant to us in future teachings.

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Okay, the asian session characteristics. Now the pairs that

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are not coupled with the dollar index, or, as we refer to as

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crosses are most active during this time day. The US dollar

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tends to consolidate until midnight New York time, which

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frieze crosses like all the yen, pound Ozzy and many other

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pairs that cross with the busy currencies of this time of

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day. Now, what type of currencies would that be? Well, like

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we can do a pound Swiss. Those types of, to me that's an

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exotic, I don't trade them, I tend to stay away from them.

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And that's the other reason why I don't like to trade the

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asian session as well. I am not trying to discourage you

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from researching and studying it because it may end up

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becoming your niche, it may be the thing that you are going

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to excel at best. So I don't want to give you the commentary

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in light of my own tastes and try to mold what you try to do

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or what you don't like or what you should like, based on

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what I say I like so my opinion or my personality doesn't

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suit well for these times a day. Like these are my either my

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family hours, okay or, as you know, my Twitter hours after

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after market hours, but if you are a working class hero and

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you can't be watching the markets intraday during the London

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and or New York session, and you have to do something in the

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evening hours, but before midnight, and still have a restful

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sleep. You can trade these crosses at this time of day and

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many times you can catch Anywhere between 20 and 50 pips,

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not every single day, but a couple times a week, you can

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find scenarios like that in the crosses. So now, with this

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understanding, we can look at an example like the Aussie yen

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here, you can see a beautiful example of how we have equal

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lows, the previous trading day, late New York, and there was

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an optimal trade entry sell, where it runs 20 pips below the

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New York session lows all the way down to a perfect

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symmetrical 20 PIP sweep and also a beautiful Fibonacci

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extension overlay. But if you are, like I said, someone

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that's working in the States, and you're limited in your

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time of day where you can be active, you can supercharge the

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asian session by using the cross pairs. Now you can still

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get movement in like the Aussie dollar, the dollar yen, New

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Zealand dollar, those types of pairs, but you're going to be

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getting a Drag sometimes because of the dollar index, you

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get much more volatility by having a couple with across

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numbers, like a euro Aussie, a pound swissy, something like

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that, where you have a lot more volatility because of the

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cross nature of the pair, and it's not being held back or

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limited by way of the dollar index. Okay, speaking of the

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pound swissy you can see this one here gives a beautiful

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example of a bullish optimal trade entry. And it trades

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above previous day's high and it reaches up into a target

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one on the Fibonacci. So, we're seeing these trades form

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prior to London's volatility. And we're also seeing it

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outside the scope of a New York so over the evening hours of

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The North American continent where everyone sits down at

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dinner and sits down with family time and watches TV or

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whatever they do. I don't really consume a lot of TV. But

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whatever the normal American family is doing in those hours,

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if you have the opportunity to look at the marketplace at

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the agent session, there's about two, sometimes three hours

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where you can really dial in and get a setup. And many times

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it's going to come in the form of the cross. So anything

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that's not coupled to $1, but has a pair that's usually

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active during the asian session. And again, that's the

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Aussie

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New Zealand, the yen.

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Those pairs tend to do a lot of movement, because they're,

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their countries are active, either markets are open at that

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time. And even though they're smaller markets, they do start

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the financial day. Now going to agree on one thing, we're

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going to agree that the financial day started At midnight,

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New York time, because right now, the dollar is still the

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reserve currency, whether you want to accept that or believe

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it, that's just the way it is. What I view as the key point

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of the day is midnight, New York time. So if we can look for

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that small little window of opportunity between the agent

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open and midnight, that's a sweet spot for crosses. Now,

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there are times in the day like in London or New York where

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a cross can move. And that's going to be done by

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manipulation with the dollar. This time of day, the dollar

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is usually quiet. So we're not going to see a lot of

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manipulation by way the dollar so all the movement is going

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to be done by using the crosses. So if you look for a strong

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currency against a weak currency during this time of day,

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and you get an optimal trade entry pattern, you'll get many

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times a wonderful opportunity to trade during a time Typical

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slow period of the 24 hour banking cycle. So hopefully you

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found this teaching insightful. If you want to find more

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information like this, you can find it at the inner circle

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trader calm or my YouTube channel, inner circle trader.

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Until next time, I wish you good luck and good trading.