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okay folks welcome back this teaching is
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going to be specifically dealing with
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the ICT Asian kill zone
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okay the Asian kills them this is the
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first of several specific times of the
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day where I like to look for setups
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admittedly this is the least active time
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of the day for me I live in the North
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American continent on the East Coast so
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whatever time it is in New York time in
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States
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that's my local time so what ICT
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concepts are going to use in this module
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again the importance of time and price
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the Asian open
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the Asian session and important
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characteristics that make up the Asian
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session okay first we're going to get
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into the Asian open now this time of day
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you're going to find that the Australian
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dollar the New Zealand dollar Japanese
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yen pairs are ideal for this time of day
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they're active their markets are open at
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that time and it goes without saying
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that if their markets are trading
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actively as it relates to their specific
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currency in country of origin this small
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little window of opportunity for North
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American traders to trade after a 9:00
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to 5:00 job could fit exactly what
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you're hoping to do as a part-time gig
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if you will and or your trading model
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could be completely built around the
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asian session and never be up for london
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or trade in new york session now the
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agent open can sometimes set up an
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optimal trade entry pattern that can
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offer 15 to 20 pips for a scalp now the
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higher time frame bias is helpful here
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but short term retracements and either a
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bull or bear market can offer similar
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octal trade and 3 setups as an example
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here this is the dollar yen pair and
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again I'm not trying to zoom in on these
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charts because the details are not
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important at this point I'm just trying
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to build up an overview of the specifics
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about the asian session that are
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important right now the salient points
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if you will there's other details and a
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lot of details that go into this
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timeframe but you're gonna find that if
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you are looking for trades in this time
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of day
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these pairs the Aussie New Zealand
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dollar and Japanese yen tend to do very
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well as you can see here in this example
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to the right you can see the Asian
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it's deleted here and if you look at
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Forex Ltd that's the demo account I
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teach with if you hit ctrl Y on a
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15-minute time frame that vertical line
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is gonna be delineating what I have
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referred to as the Asian open now it'll
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fluctuate back and forth relative to
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daylight savings time but for the most
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part I'm looking at a window of about
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two hours so even though it may not
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start exactly at 7 o'clock or 8 o'clock
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in the States and even time relative to
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the daylight savings time shift it takes
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place if that shift is taking place in
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terms of time like right now we are in
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daylight savings time at the time of
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this recording in December 2017 and when
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we leave this
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daylight savings time it'll shift a
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little bit but I use a two hour window
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said it doesn't have a great impact at
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all so what I look for is a move that
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originates or forms immediately after
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the Asian open
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another example here the New Zealand
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dollar again very similar this one you
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can see the optimal trade entry comes
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down with just one singular candle on a
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15-minute time frame comes down gives an
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optimal trade entry runs equal highs in
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the previous day's range and ultimately
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runs all up to the previous Friday's
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high now this is all done during the
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asian session prior to Frankfurt open or
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London open now we're gonna talk about
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the asian session now the periods when
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the market is not willing to run in the
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Asian session other words there's not
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gonna be an optimal trade entry pattern
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it will consolidate until midnight New
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York time now the Asian trading session
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actually extends beyond the midnight
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hour of New York time but I focus
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specifically in the realm of the Asian
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open to midnight so there's a range of
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several hours okay that I deem as the
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asian session for my trading even though
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it does trade past midnight New York
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time the setup or the information that I
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glean from these hours prior to midnight
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are going to be covered in future
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tutorials and teachings but there is a
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limitation because I go into greater
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detail in the mentorship but you will
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get a plethora of insights using this
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specific range of time but for now the
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importance of the consolidation holds
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many clues to how the daily range will
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develop over the remainder of the
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24-hour trading day now these will be
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covered again in future lessons but I
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want you to take a look at this example
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here the euro dollar now generally this
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pair isn't very active during the asian
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session there are times when it is
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active and it creates a significant high
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or low or it begins the daily range high
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or low in this delineation of time for
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the most part it tends not to do that so
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when it's not doing that we can view
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this
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Asian session as a consolidation that
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will in future lessons be very
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meaningful and significant in terms of
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our analysis much like the euro dollar
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the pound dollar again generally is not
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very active in this time of day so when
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it is not poised to make a significant
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higher load during the asian session or
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start running off of an optimal trade
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entry during the asian session again we
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would anticipate that particular time of
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day to be in a consolidation and again
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these consolidations will be very
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significant to us in future teachings ok
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the asian session characteristics now
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the pairs that are not coupled with the
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dollar index or as we refer to as
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crosses are most active during this time
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of day the US dollar tends to
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consolidate until midnight New York time
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which frees crosses like Aussie yen
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Pound Ozzie and many other pairs that
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cross with the busy currencies of this
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time of day now what type of currencies
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would that be well like we can do a
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pound Swiss those types of to me that's
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an exotic I don't trade them I tend to
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stay away from them and that's the other
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reason why I don't like to trade the
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asian session as well I am NOT trying to
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discourage you from researching and
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studying it because it may end up
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becoming your niche it may be the thing
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that you are going to excel at best so I
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don't want to give you the commentary in
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light of my own tastes and try to mold
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what you try to do or what you don't
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like and what you should like based on
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what I say I like so my opinion or my
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personality doesn't suit well for these
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times a day like these are my these are
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my family hours ok or as you know my
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Twitter hours after after market hours
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but if you are a working class hero and
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you can't be watching the markets in
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today throwing to London and or New York
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session
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you have to do something in the evening
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hours but before midnight and still have
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a restful sleep you can trade these
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crosses at this time of day and many
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times you can catch anywhere between 20
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and 50 pips not every single day but a
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couple times a week you can find
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scenarios like that in the crosses so
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now with this understanding we can look
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at an example like the Aussie yen here
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so you can see a beautiful example of
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how we have equal lows the previous
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trading day late New York and there was
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an optimal trade entry cell where it
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runs 20 pips below the New York session
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lows
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all way down to a perfect symmetrical 20
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pip
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sweep and also a beautiful Fibonacci
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extension overlay but if you are like I
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said someone that's working in the
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States and you're limited in your time
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of day where you can be active you can
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supercharge the asian session by using
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the cross pairs now you can still get
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movement in like the Aussie dollar the
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dollar yen you need New Zealand Dollars
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those types of pairs but you're gonna be
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getting a drag sometimes because of the
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dollar index you get much more
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volatility by having it a couple with a
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cross number it's like a euro Aussie a
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pound Swissy something like that we have
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a lot more volatility because of the
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cross nature of the pair and it's not
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being held back or limited by way of the
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dollar index okay speaking of the pound
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Swissy you can see this one here gives a
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beautiful example of a bullish optimal
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trade entry and it trades above previous
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day's high and it reaches up into a
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target one on the Fibonacci so we're
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seeing these trades form prior to
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London's volatility and we're also
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seeing it outside the scope of New York
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so over the evening hours of the North
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American continent where everyone sits
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down at dinner and then sits down a
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family time and watches TV or whatever
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they do I don't really consume a lot of
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TV but whatever the normal American
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family is doing in those hours if you
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have the opportunity to look at the
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marketplace at the Asian session there's
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about 2 sometimes 3 hours where you can
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really dial in and get a set up and many
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times it's going to come in the form of
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the cross so anything that's not coupled
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to a dollar but has a pair that's
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usually active during the asian session
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and again that's the Aussie New Zealand
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the yen those pairs tend to do
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a lot of movement because their their
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countries are active either markets are
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open at that time and even though there
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are smaller markets they do start the
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financial day now gonna agree on one
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thing we're going to agree that the
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financial day starts at midnight New
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York time because right now the dollar
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is still the reserve currency whether
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you want to accept that or believe it
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that's just the way it is and what I
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view as the key point of the day is
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midnight New York time so if we can look
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for that small little window of
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opportunity between the Asian open and
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midnight that's a sweet spot for crosses
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now there are times in the day like in
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London or New York where a cross can
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move and that's going to be done by
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manipulation with the dollar this time
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of day the dollars usually quiet so
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we're not going to see a lot of
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manipulation by the way the dollar so
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all the movement is going to be done by
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using the crosses so if you look for a
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strong currency against a weak currency
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during this time of day and get an
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optimal trade entry pattern you'll get
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many times a wonderful opportunity to
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trade during a typical slow period of
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the 24-hour banking cycle so hopefully
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you found this teaching insightful if
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you want to find more information like
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this you can find it at the inner circle
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trader calm or my youtube channel
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inner-circle trader until next time I
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wish you good luck and good trading
