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ICT Forex - The ICT Asian Killzone
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ICT Forex - The ICT Asian Killzone

Introduction to the Asian Kill Zone

In this section, the speaker introduces the ICT Asian Kill Zone and explains its importance in trading.

The Asian Open

  • The Australian dollar, New Zealand dollar, and Japanese yen pairs are ideal for trading during the Asian session.
  • Traders can take advantage of this small window of opportunity after their 9-5 job or build a trading model around it.
  • The Asian open can offer optimal trade entry patterns that can provide 15 to 20 pips for a scalp.
  • A higher time frame bias is helpful here but short term retracements in either a bull or bear market can offer similar optimal trade setups.

Characteristics of the Asian Session

  • The Asian session extends beyond midnight New York time but the speaker focuses specifically on the hours prior to midnight.
  • During periods when the market is not willing to run in the Asian session, there will not be an optimal trade entry pattern and it will consolidate until midnight New York time.
  • The setup or information gleaned from these hours prior to midnight will be covered in future tutorials and teachings.

Trading Examples

  • Examples of optimal trade entries during the Asian session are shown using charts for Dollar Yen pair and New Zealand Dollar pair.
  • These examples show how traders can use specific ranges of time during the Asian session to gain insights into potential trades.

Asian Session Characteristics

In this section, the speaker discusses the characteristics of the Asian session and how it affects trading.

Pairs Coupled with Dollar Index

  • During the Asian session, pairs that are coupled with the dollar index tend to consolidate until midnight New York time.
  • This frees up crosses like Aussie yen Pound Ozzie and many other pairs that cross with busy currencies of this time of day.
  • Crosses like pound Swiss tend to be more active during this time but can be exotic and not suitable for everyone.

Trading Cross Pairs in Asian Session

  • If you are a working-class hero who cannot watch markets during London or New York sessions, you can trade cross pairs at this time of day.
  • You can catch anywhere between 20 and 50 pips a couple times a week by trading these crosses.
  • Cross pairs provide more volatility because they are not limited by way of the dollar index.

Example: AUD/JPY Trade Setup

In this section, the speaker provides an example of an optimal trade entry setup for AUD/JPY during the Asian session.

  • The previous trading day late New York had equal lows.
  • There was an optimal trade entry sell where it runs 20 pips below the New York session lows all way down to a perfect symmetrical 20 pip sweep.
  • A beautiful Fibonacci extension overlay was also observed.

Example: GBP/CHF Bullish Optimal Trade Entry

In this section, the speaker provides another example of a bullish optimal trade entry setup for GBP/CHF during evening hours in North America.

  • The trade traded above previous day's high and reached up into target one on Fibonacci.
  • These trades form prior to London's volatility and outside the scope of New York.
  • There are about 2 to 3 hours during the Asian session where you can really dial in and get a set up, and many times it's going to come in the form of the cross.

Sweet Spot for Crosses

In this section, the speaker discusses the optimal time to trade crosses and how to identify a sweet spot for trading.

Identifying the Sweet Spot

  • The key point of the day is midnight New York time.
  • Look for a small window of opportunity between the Asian open and midnight.
  • This is a sweet spot for crosses.

Movement by Manipulation

  • During London or New York sessions, manipulation with the dollar can cause movement in crosses.
  • During quiet times, such as this time of day, all movement is done by using crosses.

Strong Currency Against Weak Currency

  • Look for a strong currency against a weak currency during this time of day.
  • Identify an optimal trade entry pattern.
  • This will provide many opportunities to trade during typical slow periods of the 24-hour banking cycle.

Additional Information

For more information like this, visit innercircletrader.com or check out Inner Circle Trader's YouTube channel.

Until next time, good luck and good trading!

Playlists: ICT MMXM Lectures, ICT Forex - Market Maker Primer Course
Video description

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