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okay folks welcome back this teaching
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will be dealing specifically with the
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ICT New York kills in
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you
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okay the New York kills in what ICT
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concepts are going to be used in this
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module
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again the importance of time and price
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New York open
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the New York session
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and important characteristics of the New
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York session
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okay the New York open now the majors
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that are coupled with the dollar index
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or the dollar that to me is the ideal
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pair for this time of day the New York
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open frequently sets up an optimal trade
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entry pattern that can offer 20 to 30
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pips as a scalp
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now a key times to monitor our 7:00 a.m.
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to 9:00 a.m. New York time this is what
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I refer to as the classic ICT New York
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open kill zone
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every single day Monday through Friday I
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believe that if a trader were to scan
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through the major that are coupled with
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the dollar index they would find a set
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up that would offer 20 to 30 pips I
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teach that as a means of inspiring study
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but not to encourage you to try to trade
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every single trading day every day there
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is an opportunity for you to study but
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that does not mean to go in and try to
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trade with live funds every single
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trading day so by having that
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expectation that 20 to 30 pips exists
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every single day Monday through Friday
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that's again not an inspiration for you
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to go in and inspect expect the 100 pips
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to 150 pips a week I look for my
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personal trading is 50 to 75 pips a week
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so between what I've shared so far with
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the London open with the Asian open and
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now with the New York open you have
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three opportunities every single trading
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day to look for an opportunity to get
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those specific objectives for the week
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so I know that there's a high
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probability that I can get my entire
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weekly objective in one solid London
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open if it moves a lot
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if I do not get it or I do not get a
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weekly objective which is my one shot
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one kill where I trade the weekly range
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because that's really what I'm framing
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my setup so on but if I miss it or if I
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get it wrong and I have to mitigate a
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loss I will use New York to mitigate any
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mess-ups that I make during the week
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my focus is at the beginning of the week
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because Monday Tuesday and Wednesday if
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I operate most of my trading most many
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times all of my trading needs then but
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if I take a loss or if I miss an
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opportunity and I still feel confident
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about the weekly objectives still coming
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to fruition that means I see a setup
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that's still viable I will go in and
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trade in New York open to get those
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small little scalps to add up to 50 to
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75 pips so I'm confident that I can get
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20 to 30 pips and in New York open in
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one of the majors every single day
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that's my experience speaking that's not
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an invitation again for you to go in
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doing it what I'm trying to encourage
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you to do is go through the charts and
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see if what I'm saying isn't exactly
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what you see every single dollar based
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Cross will give you a set up between 7
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a.m. and 9 a.m. New York time it's the
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easiest time to trade because we have
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the luxury of having London over lap
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and New York
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and looking at the chart on the right
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this is a Aussie dollar pair and we can
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see that right in here delineating being
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New York open
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here that sets up the opportunity
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and the optimal trade entry is seen here
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London low initial daily high the
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retracement then a subsequent expansion
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creating the high of the day
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everything framed relative to what is
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seen on the London low for the body
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weight for the retracement between 7
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o'clock and 9 o'clock in the morning and
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rally now there's a lot of things that
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goes along with making this setup
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identifiable obviously it's very easy
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for me to point to these in hindsight
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but experience has taught me how to see
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these things by a small sample size of
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conditions okay not all those conditions
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are going to be taught to you in my free
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tutorials so you're welcome to join them
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an internship you get all the details
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that are not there but you will get a
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lot of insights just from the free
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tutorials
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for now I want you to just be content
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with identifying between seven o'clock
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and nine o'clock in the morning Monday
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through Friday on the dollar crosses in
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other words every pair that's crossed
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with the dollar if you watch those pairs
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between 7 o'clock and nine o'clock in
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the morning and if you have a job or
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give a business and you can't trade this
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particular time of day even if you look
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at it in hindsight in the evening after
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the market has closed you'll be able to
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see many examples that repeat themselves
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every single trading day but again
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every pair doesn't have a set up every
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New York open but every New York open
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has a set up in one or more of the
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majors that are crossed with the dollar
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now everything I say is reversible if
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you will and we can see the same
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scenario for the eurodollar we have an
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opportunity to see both sessions here
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the Asian session creates a swing high
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the London open creating a high to sell
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short from and then New York open
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retracement creating a high and it
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expands and goes lower this particular
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pair in this day I actually traded this
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and the examples are shown on my Twitter
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and you can find that for your own study
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but for now just understand that between
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7 o'clock in the morning and 9 o'clock
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in the morning New York time there's
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typically a set up that forms that
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offers 20 to 30 pips
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native New York session the price action
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during the New York session sees a
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consistent round of economic news
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releases now these news releases will
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many times stimulate price action and
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sometimes its predictable and other
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times it's not sometimes these news
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releases will cause reversals in the
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marketplace and sometimes they'll add
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fuel to the fire
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and/or momentum to an existing daily
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bias the New York trading session
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actually extends beyond the nine o'clock
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hour and it goes to 2:00 p.m. in New
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York time you look at the chart here on
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this dollar cad what i'm doing eating
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here is those specific time points when
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new york open begins and 2:00 p.m. in
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New York again as I shown in the
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previous session or kill zones
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everything is fractal so if we see the
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open here and we're bullish we see it
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open a small little decline creating the
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low of the range expansion high the
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range and comes off the high and closes
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just like in power three on the daily
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candle or bar we can see the New York
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session creates that same fractal
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pattern again same scenario here you see
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open it trades down creating too low the
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range expands up creates too high the
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range and comes off too high and closes
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our three applied to the individual
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trading sessions now again there's a lot
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of things that goes behind the scenes if
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you will that builds these models or
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expectations for when price should be
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doing it
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the clear and obvious one that I'm going
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to show you and my free teachings is we
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have a previous low it rallies trades
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back down into a retracement for an
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optimal trade entry between this low
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this low okay so we can see using
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previous day's lows to the session low
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for New York we can get an opportunity
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to be long with this scenario
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the New York session characteristics
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the New York session typically has two
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potential scenarios continuation of
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London's move for a complete reversal on
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the daily direction now it's not my goal
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to teach you market reversals because
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quite honestly there's a lot of things
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that are required to do that but there
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are some things in the tutorials that
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will help you but it's not going to be
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complete science because it takes a lot
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of information and a lot of teachings
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it's a supplement there's conditions and
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even then it's not going to be clear to
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you experience is going to be the the
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the teacher if you will but the
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continuation of the London move I
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believe is the easiest and that's why I
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taught in my free tutorials that
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approach so when the daily chart is in a
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clear one-sided momentum it is easiest
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to look with confirmation of that
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direction in the London price action for
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example if London agrees with the daily
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chart being bullish that means we should
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be seeing a low form in London we would
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anticipate a retracement lower into New
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York open and in agreement with that
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daily bias so we would anticipate a New
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York low to post a continuation setup or
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optimal trade entry by
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again reversals are they require a lot
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more things that I can't teach in just
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one video there's so many things that
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goes into that and if you go through
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access my old teachings all free
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tutorials there's a lot of emphasis
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focusing on higher timeframe higher time
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frame high time cream now there are
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times as a well experienced trader
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that's been doing a long time like
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myself I can trade any timeframe and I
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can also look for reversals that would
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go contrary to the higher time frame
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direction you as a developing trader may
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not have that diversity yet but you'll
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have that over time experiences the
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teacher in that now I give a lot of
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details about that in a mentorship but
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you don't have to have that okay you
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don't need that if you get accustomed to
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trading continuations and trading an
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agreement with the daily bias and only
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taking those setups you will have the
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best setups because sometimes the
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reversal patterns sometimes they're
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great and they pay out a lot and there's
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big movements and pips other times it's
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not so much and they can be rather
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disappointing so it's much easier for us
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to see the daily bias on the daily chart
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where that momentum is and trade in that
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direction because that's gonna be the
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most likely expansion or the most likely
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side of the market place to be on where
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the big moves are going to occur again
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there's going to be shocks and
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retracements all the time they come in
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and marketplace that are either
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inspected or unexpected in the form of
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reversals okay or deep retracements
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they're not necessary they're very
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exciting sometimes real quick one day or
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intraday declines or rallies to retrace
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to another optimal trade entry sell
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something like that
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try to convince yourself that it's much
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easier to trade with the daily bias and
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to look for your daily ranges to expand
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in that direction you're going to see
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folks online that are going to be
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showing a lot of trades they may have
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may not take in they they may not
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actually have any you know any horse in
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the race if you will there's it's just
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them talking about something that's
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already happened
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try to just keep your focus on looking
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for scenarios in the New York open that
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are an agreement with the daily so if
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the deal is bullish we're looking for
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the one in the create low and then at
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seven o'clock in the morning we're gonna
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be looking for some measure of a
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retracement lower then we'll be seeing
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or anticipating rather a optimal trade
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entry to go long at the New York Open
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and anticipate expansion on the upside
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on the daily range where we would expect
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that range expansion for power three for
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the daily bar our daily candle
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that's what we're looking for that
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dynamic imbalance
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I have an example that here on the
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dollar cad
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we have a London low form and we can see
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that the market did in fact come back
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from this low to this high it retraced
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rather deeply here optimal trade entry
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long here then price rallies away and
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then we have a retracement lower in New
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York open and several things in here
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there's optimal trade entry and there's
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also a rung on liquidity we have equal
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lows in here and a bullish market the
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mark comes down into New York open takes
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those stops out and then rallies so that
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would be one scenario we can look at
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here and the continuation of the daily
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range on the upside you're reaching for
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relative equal highs
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luckily progressing well there's highs
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you see it reaches for that rather
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handsomely okay so New York open in my
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opinion and I've been doing this for a
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very very long time it's so much easier
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to trade that session because as a
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built-in advantage and the secret to it
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is what's going on in London okay if you
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can arrive at a daily bias on a daily
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chart and then wait to see if London
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supports that notion if it's bullish and
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London rates are low and we've rallied
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and then we start declining into New
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York open it's pretty much a loaded deal
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you're gonna have a scalp that would
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offer 20 to 30 pips in New York and if
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you're new you're probably not going to
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appreciate that too much but if you have
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been trading for a while and you just
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heard me explain that you're going to be
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rather surprised and tickled when you
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see how often that unfolds because you
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have a little bit more experience in
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reading price and it's going to jump off
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of the chart at you and then suddenly
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going to see a lot of opportunities that
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otherwise went right over your head
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so hopefully you found this teaching
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insightful if you enjoyed it you can
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find more at the inner circle trader com
