Skip to content The Prop Trader ICT Concepts • Funded Trader • $ES $NQ INDICATORS SYSTEMS 1-ON-1 MENTORSHIP TOOLS PROP BOOKS ICT CONTACT LOGIN Twitter Telegram YouTube LinkedIn Google+ Email ICT SMART MONEY CONCEPTS ICT SMART MONEY CONCEPTS INTRADAY CHART IPDA DAILY MACRO CYCLE SESSION Liquidity Accumulation London Open Overnight Session Pre-Market NY AM Session FedWire Security Movements Open US High Impact Data Market Hours London Close Macro London Close Price London Fix Macro London Fix Price NY Lunch NY PM Macro NY PM Session DTC Settlement Market Close After Hours Asia DTCC Settlement Asia TIME 1845 – 0330 0200 0400 – 0800 0800 – 0930 0800 – 1100 0830 0830 0930 – 1600 0950 – 1010 1000 1050 – 1110 1100 1200 – 1300 1330 1400 – 1600 1545 – 1615 1600 1600 – 2000 2000 – 2100 2000 – 0030 ASIAN RANGE KILL ZONE The Asian Range Kill Zone is from 20:00 to 00:00 ET The AUD, NZD, JPY pairs are best suited for this time of day The Asian Open can setup an OTE pattern that can offer a 15 to 20 pip scalp The pairs coupled with the USD or crosses are not active during this time of day Most of the time it is usually a consolidation The importance of the consolidation holds many clues to how the daily range will develop over the remainder of the trading day LONDON OPEN KILL ZONE The London Open Kill Zone is from 02:00 to 05:00 ET The EUR and GBP pairs are best suited for this time of day The London Open frequently sets an OTE pattern that can offer a 25 to 50 pip scalp It has the highest probability of creating either the high or low of the day The price action during the London Session sees the highest probability of a large directional move in the 24hr day. When the bias is to trade higher on the daily timeframe, we can focus on the session to post the low of the trading day. If the daily bias is lower, we can focus on the session to post the high of the trading day. NEW YORK OPEN KILL ZONE The New York Open Kill Zone is from 07:00 to 10:00 ET The FX Major pairs are best suited for this time of day The New York Open frequently set up an OTE pattern that can offer a 20 to 30 pip scalp The price action during the New York session is largely influenced by the 08:30 Data Embargo The session typically has 2 potential scenarios – continuation of the London move or a complete reversal When the daily bias is clear, it is easiest to look for confirmation of that direction in the London price action. If London agrees with the daily bias, we can anticipate the New York Open to offer a continuation setup. LONDON CLOSE KILL ZONE The London Close Kill Zone begins from 10:00 to 12:00 ET The FX Major pairs are best suited for this time of day The London Close Kill Zone frequently setup an OTE pattern that can offer a 10 to 20 pip scalp The price action seen in the London Close typically sees a retracement off the highs or lows of the day There is typically a 5 minute OTE setup in these conditions The London Close ends with the London Fix at 11:00 ET. The direction of the day or week can change during the London Close PRICE DELIVERY (PD) ARRAY MATRIX OTE FIBONACCI RETRACEMENT SETTINGS 1 0.79 0.7 0.62 0.5 0 -0.27 -0.62 -1 100% – PREMIUM/DISCOUNT 79% 70% – OTE 62% 50% – EQ SCALING OUT – TP1 TP2 TP3 SYMMETRICAL SWING – TP4 ICT SMART MONEY CONCEPTS TIME FRAME ANALYSIS WEEKLY DAILY H4 H1 M15 M5 Identify the next Draw on Liquidity DOL – BSL/SSL/EQH/EQL/FVG Key Levels – PD Arrays/OTE & Daily Bias/HTF POI PD Arrays/OTE/MS Identify MMXM & FVG/PDH/PDL Intraday Structure/London & NY Killzone Time & Price Entries Execution/Intraday Liquidity Grab/MSB Trades POWER OF 3 – $DXY 3 3×3 3x3x3 3x3x3x3 3x3x3x3x3 3x3x3x3x3x3 3x3x3x3x3x3x3 3 9 27 81 243 729 2187 N/A N/A Session Range Daily Range (27-54-81) Weekly Range Monthly Range Yearly Range ICT CONCEPTS RULES BASED TRADING MODEL 1. 2. 3. 4. 5. 6. 7. Check Economic Calendar Identity Weekly & Daily Inefficiencies/DOL Is the current Order Flow Bullish or Bearish? Determine the HTF Dealing Range Look for PD Arrays on LTF chart Wait for a Run on Liquidity Define the LTF Dealing Range 8. Anticipate a Change in the State of Delivery 9. Wait for a Continuation Setup 10. Target Inefficient Price Action ICT SMART MONEY CONCEPTS ABBREVIATIONS AMD – Accumulation, Manipulation, Distribution ATH – All Time High ATL – All Time Low BISI – Buyside Imbalance / Sell Side Inefficiency BMS – Break of Market Structure BPR – Balanced Price Range BRK – Breaker (+BRK = Bullish Breaker / -BRK = Bearish Breaker ) BSL – Buy Side / Buy Stop Liquidity BE – Break Even (Moving your stop to the place where you entered the trade) BOS – Break of Structure CE – Consequent Encroachment CSD – Change in the State of Delivery CBDR – Central Bank Dealers Range DOL – Draw on Liquidity DH – Daily High DL – Daily Low EQH – Equal High EQL – Equal Low FPOL – First Point of Liquidity FVG – Fair Value Gap FVFB – Fair Value For Buying FVFS – Fair Value For Selling FA – Fundamental Analysis HL – Higher Low HH – Higher High HTF – High Time Frame HOD – High of Day IOF – Institutional Order Flow IOFED – Institutional Order Flow Entry Drill IPDA – Interbank Price Delivery Algorithm IDM – Inducement ITH/ITL – Intermediate High/Low KZ – Killzone LO – London Open LOKZ – London Kill Zone LP – Liquidity Pool LQ – Liquidity LV – Liquidity Void LL – Lower Low LH – Lower High LTF – Low Time Frame LOD – Low of Day MA – Moving Average MB – Mitigation Block MH – Monthly High ML – Monthly Low MMxM – Market Maker Sell/Buy Model MS – Market Structure MSB – Market Structure Break MT – Mean Threshold M-SL – Manual SL NYKZ – New York Kill Zone NYO – New York Open OB – Order Block (+OB = Bullish Order block / -OB = Bearish Order block ) OF – Order Flow OTE – Optimal Trade Entry PA – Price Action PB – Propulsion Block PDH – Previous Daily High PDL – Previous Daily Low PMH – Previous Monthly High PML – Previous Monthly Low PSH – Previous Session High PSL – Previous Session Low PWH – Previous Weekly High PWL – Previous Weekly Low POI – Point of Interest PO3 – Power of 3 QM – Quasimodo RJB – Rejection Block RR – Risk to Reward RRR – Retracement Reaction Rally RTB – Return to Breaker RTO – Return to Order Block SH – Stop Hunt S/R – Support & Resistance SIBI – Sell Side Imbalance / Buy Side Inefficiency SL – Stop Loss SMR – Smart Money Reversal SMS – Shift Market Structure SMT – Smart Money Technique / Tool SP – Stops Purged SSL – Sell Side/Sell Stop Liquidity TA – Technical Analysis TDO – True Daily Open TDC – True Daily Close TP – Take Profit TL – Trendline TSBM – Turtle Soup Buy Model TSSM – Turtle Soup Sell Model VB – Vacuum Block WDYS – What Do You See? MARKET MAKER BUY MODEL (MMBM) MARKET MAKER SELL MODEL (MMSM) The Prop Trader