7/7/22, 10:33 AM ICT SMART MONEY CONCEPTS | The Prop Trader

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ICT SMART MONEY

CONCEPTS
ICT SMART MONEY CONCEPTS KILL ZONE & TRADING
SESSIONS

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SESSION TIME (EST)

Central Bank Dealers Range (СBDR) 14:00 / 16:00 –

20:00
Asia Range Kill Zone 20:00 – 00:00
True Daily Open (TDO) 00:00
Frankfurt 02:00 – 03:00
London (LD) Open Kill Zone 02:00 – 05:00
LD Session 03:00 – 11:00
New York (NY) Open Kill Zone (Spot FX) 07:00 – 10:00
LD / NY Overlap 08:00 – 11:00
NY AM Session (Index Futures) – Optimal Trade Entry 08:30 – 11:00
(OTE)
NY AM Session Algo Macro Starts 08:30
NYSE Cash Open 09:30
LD Close Kill Zone 10:00 – 11:00
LD WMR Fix (Spot FX) 10:57:30 – 11:02:30
NY Lunch 12:00 – 13:00
NY PM Session (Index Futures) 13:30 – 16:00
NY PM Session Algo Macro Starts 13:30
NYSE Cash & CME Futures Close 16:00
Spot FX Close 17:00

ASIAN RANGE KILL ZONE

The Asian Range Kill Zone is from 20:00 to 00:00 EST
The AUD, NZD, JPY pairs are best suited for this time of day

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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 EST
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 EST
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 11:00 EST
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 EST. The direction of
the day or week can change during the London Close

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PRICE DELIVERY (PD) ARRAY MATRIX

PREMIUM – 100% Previous Highs (PDH)

Rejection Block
Bearish Order Block (OB)
Fair Value Gap (FVG)
Liquidity (LQ) Void
Bearish Breaker Block
Bearish Mitigation Block
50% Equilibrium (EQ)
Bullish Mitigation Block
Bullish Breaker Block
Liquidity (LQ) Void
Fair Value Gap (FVG)
Bullish Order Block (OB)
Rejection Block
DISCOUNT – 100% Previous Lows (PDL)

OTE FIBONACCI RETRACEMENT SETTINGS

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1 100% – PREMIUM/DISCOUNT
0.79 79%
0.7 70% – OTE
0.62 62%
0.5 50% – EQ
0 SCALING OUT – TP1
-0.27 TP2
-0.62 TP3
-1 SYMMETRICAL SWING – TP4

MULTIPLE TIME FRAME ANALYSIS

WEEKLY Identify the next Draw on Liquidity – BSL/SSL/EQH/EQL

DAILY Key Levels – PD Arrays/OTE & Daily Bias
H4 PD Arrays/OTE
H1 Identify MMXM & FVG/PDH/PDL
M15 London & NY Killzone Time & Price Entries
M5 Intraday Liquidity Grab/MSB Trades

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
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

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CE – Consequent Encroachment
CBDR – Central Bank Dealers Range
DOL – Draw on Liquidity
DH – Daily High
DL – Daily Low
EQH – Equal High
EQL – Equal Low
FVG – Fair Value Gap
FA – Fundamental Analysis
HL – Higher Low
HH – Higher High
HTF – High Time Frame
HOD – High of Day
IOF – Institutional Order Flow
IPDA – Interbank Price Delivery Algorithm
IPA – Imbalance/Inefficient Price Action
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
MTH – Mean Threshold
M-SL – Manual SL
NYKZ – New York Kill Zone
NYO – New York Open

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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
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 – Sellside Imbalance Buyside 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?
ICT SMART MONEY CONCEPTS CUSTOM INDICATORS
DOWNLOAD < https://fx-prop-trading.com/tradingview-indicators/>

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