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TIME THEORY
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 S ES S I ON T HEORY I N T R ADI NG
SESSION THEORY IS A KEY

CONCEPT IN ICT (INNER CIRCLE

TRADING) STRATEGIES,

FOCUSING ON MARKET

BEHAVIOR DURING DIFFERENT

TRADING SESSIONS (ASIAN,

LONDON, AND NEW YORK).

EACH SESSION HAS UNIQUE

CHARACTERISTICS THAT

INFLUENCE PRICE MOVEMENT.

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 Key Sessions

ASIA

LONDON

NEW YORK

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ASIAN SESSION

• Low liquidity, smaller moves, often consolidation.

• Creates liquidity for later sessions (London & New York).

• High and low points are liquidity pools for breakouts.

• Often sets up accumulation zones before major moves in London.

• Can act as a stop-hunt phase before a directional move.

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LODON SESSION

• High liquidity, fast moves, strong trends.

• Breakouts often occur from the Asian range.

• Frequently sets the daily high or low.

• Frequently grabs liquidity from Asian highs/lows before establishing a trend.

• Major financial institutions execute high-impact orders, causing sharp volatility.

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NEW YORK SESSION

• Even higher liquidity than London.

• Possible reversal of London moves.

• Final liquidity before market close impacts next day’s direction.

• Liquidity injection during New York Open (NYO) often causes rapid price shifts.

• New York Close (NYC) sets the foundation for the next day’s liquidity draw.

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LIQUIDITY & PRICE ACTION:
MARKET MAKERS MANIPULATE LIQUIDITY DURING EACH

SESSION TO ENGINEER PRICE MOVEMENT.

RECOGNIZING SESSION HIGHS AND LOWS HELPS IDENTIFY

TRADE OPPORTUNITIES AND AVOID STOP HUNTS.

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 DEEP DIVE: REPEATING MARKET

VARIANTS & DRAW ON LIQUIDITY

BASED ON MY PERSONAL BACKTESTING FROM 2015 TO 2025,

I HAVE IDENTIFIED SPECIFIC HIGH-PROBABILITY INTRADAY

VARIANTS THAT REPEAT CONSISTENTLY. THESE PATTERNS ARE

DEEPLY ROOTED IN LIQUIDITY DYNAMICS AND THE MARKET’S

ALGORITHMIC BEHAVIOR.

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By studying these repeating models, you’ll be able to:

Recognize liquidity-driven setups that occur frequently.

Understand the market’s intraday narrative by aligning price action with draw on liquidity.

Map the daily structure and categorize price behavior into one of these recurring models.

I strongly encourage you to analyze these patterns on the charts yourself. These setups have

shown the highest degree of repetition over the years, and I have carefully selected them to

share with you. I hope you find them insightful and valuable for refining your trading

approach.

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 • Model 1: Downtrend Formation
• London fails to break the Asia High in
the first 1 hour and 30 minutes of the
London session.
• Then, London breaks and closes below
the Asia Low, confirming a potential
bearish trend continuation.
• In the New York session, it fails to break
above the London session high in the
first 1 hour and 30 minutes.
• Finally, it breaks below the London
session low, completing the bearish
trend for the day.

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 • Model 2: Bullish Trend Formation
• London breaks and closes above the
Asia High and Frankfurt High.
• London fails to break the Asia Low in
the first 1 hour and 30 minutes,
forming a higher low.
• This confirms a potential bullish trend
continuation.
• In the New York session, it fails to
break below the London session low in
the first 1 hour and 30 minutes.
• Then, it breaks above the London
session high, completing the bullish
trend for the day.

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 • Model 3: AMD
(Accumulation/Manipulation/Distribution) Setup
• London must take the Asia Low in the first 1 hour
and 30 minutes, then reverse higher to form a
new higher low.
• The market should then take the Asia High
and/or the PDH.
• After London forms a new higher low, we watch
the New York session.
• New York cannot close below the London Low;
otherwise, the Phase 3 setup is invalid.
• New York must form a new higher low in the first
1 hour and 30 minutes of its session.
• Once a new higher low is confirmed, New York
should break and close above the previous high or
the London session high.

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 • Model 4: Seek & Destroy Day
• This setup indicates a potential ranging day.
• London sweeps both the Asia High and
Low within the first 1 hour and 30 minutes
of the London Killzone.
• If New York opens near London’s
Low/High, it will likely sweep the London
Low/High and then the London High/Low.
• Alternatively, if New York takes the London
Low/High in the first 1 hour and 30
minutes, it will likely reverse, sweep the
London High/Low, and return to break-
even on the day.

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PHASE 404
 • Model 5: London Compression
• London forms a tight consolidation within
the Asia range, similar to an inside bar
pattern.
• Between 02:00 AM – 05:00 AM (EST), the
London High and Low stay inside the Asia
High and Low, without closing outside the
range.
• To confirm this setup, New York will
typically sweep the London High/Low
before rallying.
• Alternatively, it may take both the London
and Asia High’s/Low’s before reversing
Higher/Lower to target the Asia High/Low
and/or PDH/PDL.
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PHASE 404
 • Inside Day Confirmation

• First Sign: Asia trades within the PDH

& PDL.
• Second Sign: Price sweeps the Asia
High or Low but returns inside the
range.
• Final Confirmation: London sweeps
both the Asia High & Low within the
London Killzone.
• New York then sweeps both London’s
High & Low or trades inside London’s
range.
• Another variation occurs when New
York takes out London’s High & Asia’s
Low in the NY Killzone.
• Note: Inside days are only valid if the
price stays within the PDH & PDL,
without breaking either.

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 • Ranging Days vs. Inside Days
• Ranging days are the opposite of inside days.
• Scenario 1: Price takes only the PDH or PDL,
then trades back into the previous day’s
range.
• Scenario 2: Price takes both the PDH & PDL
on the same day.
• Key Difference:
• Inside Days: Price stays within the PDH &
PDL.
• Ranging Days: Price takes out the PDH
and/or PDL, then returns inside the range.

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 Sessions help identify trends and add

confluence to your trades.

For example, if Asia fails to take out the PDH

and London fails to break above the Asia

High, it signals a potential lack of bullish

momentum. This increases the probability of a

downward move, as liquidity remains above,

and the market may seek lower price levels

before any reversal or continuation.

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I HOPE YOU FOUND THIS GUIDE VALUABLE
AND PRACTICAL. MY GOAL IS TO SHARE
TESTED INSIGHTS TO HELP YOU REFINE
YOUR TRADING STRATEGY.
TO STAY UPDATED AND ACCESS MORE IN -
DEPTH CONTENT, FOLLOW AND SUPPORT
MY PAGE ON INSTAGRAM. YOUR SUPPORT
HELPS ME CONTINUE SHARING VALUABLE
MARKET INSIGHTS.
HAPPY TRADING!

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