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1M Price Action System

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  • #4,161
  • Mar 23, 2022 2:29pm Mar 23, 2022 2:29pm
Quoting JereMi256
{quote} Coincidence! That is my time zone and location, I use that but it doesn't match your Open price. {image}
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Face 'ur fears & tame 'ur greed
  • #4,162
  • Mar 23, 2022 2:33pm Mar 23, 2022 2:33pm
Quoting bilal1947
{quote} London open 8:00 am is newyork 04:00 since i like actual london open since volatility starts from here. However as per Michael london kill zone start 02:00am NY time. Link of time zone tool used from play store: https://play.google.com/store/apps/d...imezone_viewer {image}
this is mine.
sometimes, it's the broker's server that mess up due to daylight saving.
another way is to use FF sessions to check.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,163
  • Mar 23, 2022 8:14pm Mar 23, 2022 8:14pm
[quote=bilal1947;13943493]{quote} London open 8:00 am is newyork 04:00 since i like actual london open since volatility starts from here. However as per Michael london kill zone start 02:00am NY time.

ICT defines the two major time zones as:

(1) London 0200 hrs. - 0500 hrs. NY Time
(2) New York 0700 hrs. - 1000 hrs. NY Time

I believe he defines the Asian time zone as 2300 hrs. - 0200 hrs. NY Time.

Keep in mind that he is not saying these are the only times the markets are open, these are just the times when he is looking to see what he is looking to see (FVGs, Liquidity Runs, Market Structure Points, Significant Highs and Lows, etc.)

And for the indices, he would also include 0830 hrs. - 1200 hrs. NY Time. and 1330 hrs. - 1615 hrs. NY Time.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #4,164
  • Mar 23, 2022 8:27pm Mar 23, 2022 8:27pm
Quoting HiddenGap
Quoting bilal1947
{quote} London open 8:00 am is newyork 04:00 since i like actual london open since volatility starts from here. However as per Michael london kill zone start 02:00am NY time. ICT defines the two major time zones as: (1) London 0200 hrs. - 0500 hrs. NY Time (2) New York 0700 hrs. - 1000 hrs. NY Time I believe he defines the Asian time zone as 2300 hrs. - 0200 hrs. NY Time. Keep in mind that he is not saying these are the only times the markets are open, these are just the times when he is looking to see what he is looking
...
ICT always says setting in NY GMT -4
C? h?i v?n còn ?ó, ch? có ti?n là m?t ?i.
  • #4,165
  • Mar 23, 2022 9:32pm Mar 23, 2022 9:32pm
Quoting HiddenGap
Quoting bilal1947
{quote} London open 8:00 am is newyork 04:00 since i like actual london open since volatility starts from here. However as per Michael london kill zone start 02:00am NY time. ICT defines the two major time zones as: (1) London 0200 hrs. - 0500 hrs. NY Time (2) New York 0700 hrs. - 1000 hrs. NY Time I believe he defines the Asian time zone as 2300 hrs. - 0200 hrs. NY Time. Keep in mind that he is not saying these are the only times the markets are open, these are just the times when he is looking to see what he is looking
...
Hi HG

Thanks for the quick recap on kill zone hours, the one i prefer are session opens with the asain range which are different from the kill zones by an hour or 2 during Dst, trying my luck with Michael i have shoot an email if he can elaborate on session opens vs kill zone would be great


Regards
Bilal
"Exchange of hands"
  • #4,166
  • Mar 24, 2022 12:27am Mar 24, 2022 12:27am
Quoting Inthebox
{quote} GU is a pain to trade at this moment, consolidating. to move up it has to go pass previous week's high.
band on the run: stuck inside these four walls
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,167
  • Edited 1:19am Mar 24, 2022 12:52am | Edited 1:19am
Quoting bilal1947
{quote}{quote} Hi HG Thanks for the quick recap on kill zone hours, the one i prefer are session opens with the asain range which are different from the kill zones by an hour or 2 during Dst, trying my luck with Michael i have shoot an email if he can elaborate on session opens vs kill zone would be great Regards Bilal
I think HG has got it right. Im pretty sure theres a video on the 2022 mentorship where he might cover it, I think it was an EJ trade?
  • #4,168
  • Mar 24, 2022 1:12am Mar 24, 2022 1:12am
Quoting Paulscaff1
{quote} Heres the official ICT ones, for forex pairs. Im pretty sure theres a video on the 2022 mentorship where he might cover it, I think it was an EJ trade? {image}
I wonder why he doesn't use GMT considering that New York applies the Daylight Saving Time (DST) changes. Are those hours clock backward or forward? Does the Market Maker use the New York time zone? (we don't have DST and so it is a little confusing on my side).
  • #4,169
  • Edited 1:40am Mar 24, 2022 1:25am | Edited 1:40am
Quoting Pumi
{quote} I wonder why he doesn't use GMT considering that New York applies the Daylight Saving Time (DST) changes. Are those hours clock backward or forward? Does the Market Maker use the New York time zone? (we don't have DST and so it is a little confusing on my side).
Im in the UK so I just synch the NY time with my time and do it that way. I think ICT does talk about DST, hes said before that although it applies, he personally just ignores it.

For simplicity on my end, Im just using 07.00am (UK time) for London Open, and 13.00 pm for NY Open.
  • #4,170
  • Mar 24, 2022 1:41am Mar 24, 2022 1:41am
I use this to match the time zones.

https://www.worldtimebuddy.com
  • #4,171
  • Mar 24, 2022 1:54am Mar 24, 2022 1:54am
i think there will be less confusion if the time sticks to the country/region concerned, which is actually where and when the market opens.
dst does not matter anymore.

Asia - Tokyo time
London - London time
New York - New York time
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,172
  • Mar 24, 2022 2:26am Mar 24, 2022 2:26am
H1 Breaker might still be in play.

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M15 Entry

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  • #4,173
  • Mar 24, 2022 3:02am Mar 24, 2022 3:02am
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,174
  • Mar 24, 2022 3:08am Mar 24, 2022 3:08am
Quoting Inthebox
{image}
Nice one mate, I would have took a breakeven on the long.
  • #4,175
  • Mar 24, 2022 3:28am Mar 24, 2022 3:28am
Quoting Inthebox
{image}
I don't recognize this entry. I waited for price to fill IMB + touch OB M30 but on M1 I have no entry
can you be more specific about the entry?
C? h?i v?n còn ?ó, ch? có ti?n là m?t ?i.
  • #4,176
  • Mar 24, 2022 3:40am Mar 24, 2022 3:40am
Quoting 7stnam
{quote} I don't recognize this entry. I waited for price to fill IMB + touch OB M30 but on M1 I have no entry can you be more specific about the entry?
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,177
  • Mar 24, 2022 3:58am Mar 24, 2022 3:58am
[quote = Inthebox; 13944047] {quote} {image} [/ quote]
Tks, mình đã học được vài điều
C? h?i v?n còn ?ó, ch? có ti?n là m?t ?i.
  • #4,178
  • Mar 24, 2022 4:04am Mar 24, 2022 4:04am
another one
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,179
  • Mar 24, 2022 4:14am Mar 24, 2022 4:14am
watching to bounce up.
probably is a counter trend to daily.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,180
  • Edited 7:04am Mar 24, 2022 5:37am | Edited 7:04am
Quoting bilal1947
{quote}{quote} Hi HG Thanks for the quick recap on kill zone hours, the one i prefer are session opens with the asain range which are different from the kill zones by an hour or 2 during Dst, trying my luck with Michael i have shoot an email if he can elaborate on session opens vs kill zone would be great Regards Bilal

Just some thoughts.. I think the underlying logic behind the killzones is that the market very often makes that "fakerun/manipulation move" on first hour upon/after official session open. However with a killzone entry (usually starting 1hour before offical session open) You can catch and be part of that fakerun/manipulation/trap move as well or take partials as it goes on, if it happens to be actual trending move for the day (no fakerun day but countinuation instead) then You have a really nice entry still You can probably hold for the rest of the session/day. As market very often doesent visit/bounce back to the first hour of the killzone in that case, depends on the market context/environment ofcourse. As official session i refer to London 8am (NY 4am) and killzone is London 7am (NY 2am - currently NY 3am) as its taught on hes older YT videos. Right now the times are 1hour off still as NY changed clocks before Europe. I happen to find better entries usually in that first hour of that killzone and then i know I have probably 1 hour or so I can let the trade run still after KZ entry. Sometimes also waiting 30min-1h after official session open seems to be a second nice sweet spot as the "trap" is most likely over by then. Worst case scenario entering before official session (@first hour of killzone) - even if im being part of the first hour "fakerun"/trapping traders into wrong way and I entered before official session open then I should still have time to take partials/breakeven, ride some of that "manipulation" wave.

Also keep in mind that NY already changed the clocks 1 hour (daylight saving time into summer) on March 13 but London and rest of Europe will do it at 27 March. So, between 13th and 27th March, there will be a 4 hour time difference instead of the normal 5 hours. Currently (few more days left) London KZ starts at 3am NY time (instead of usual 2am NY time) and 7am London time still (1h before official session open). Its a mess right now but everything should sync up back nicely to normal by next week when rest of the Europe & London follows with the daylight time clock change.

To simplify - If one wants to trade
1) London killzone - start looking trading opportunities 7am London time - 1h before official session open and be aware that alot more volume comes in when it opens officialy - (8am London Local Time).
2) If one wants to trade NY killzone - start looking trading opportunities 7am NY time - 1h before official session open and be aware that alot more volume comes in when it opens officialy - (8am NY Local Time).
Also with NY gotta keep in mind NY Stock Exchange open, (09:30 local NY time) - even more volume. So NY has kind of like a 2 official sessions.

If theres no opportunities on first hour of the killzone then one can wait for official session open to look for more/cleaner confirmations and being aware that first session official hour can be trap move (but not always, sometimes also countinuation) to get traders on the wrong side of the market.

Cheers!
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