All language subtitles for Lesson 2 - The Daily Range Defined EN

Okay, welcome back folks.

This is lesson two or the April, 2017 93.

Mentorship content dealing
with ICT day trading model.

This lesson is defining the daily.

Okay.

The retail 24 hour trading day.

Now I teach through the empty four
platform and everyone is aware that

if you hold down control, when you
tap the Y letter, it'll pull up the

period separators for the respective
timeframe you have on your chart.

And the.

Retail version of the 24 hour trading
day is not what we focus on, but I

want to highlight the contrast between
the two, because this is what you

see in a typical empty four platform.

The interbank 24 hour.

If the trading day is very diff.

So if it's going to be a high
probability trade scenario that we're

gonna be looking for, uh, it stands
the reason we have to start with the

same reference point that if data
itself, the interbank price delivery

algorithm uses in referencing time.

So we're going to have to use the
same thing that IPTA does when we

view price in the element of time of.

So when we see these retail,
delineations and folks have these

on your charts, uh, that's pretty
much a classic telltale sign.

They have no idea what they're
doing and they'll frame the day

based on these vertical lines.

What we're going to show now
is how a interbank trader

views price in relative terms.

Okay.

The first element we're going to
break down is the Asian range.

I get questions a lot.

What is the kill zones?

What is the Asian range?

When's it began when's it end, uh, all
the things dealing with time of day.

So this is the definitive teaching.

So that way we can go through the rest
of the lessons for April day trading.

This is the only one you'll
ever need to refer to.

So if you've seen anything
different in the past, this is the.

Okay.

Every day at 8:00 PM Eastern
standard time, New York time, this

begins the Asian range every day
at midnight Eastern standard time,

New York ends the Asian range.

We will learn specific things concerning
this range later in April pronounced.

I want to give you the beginning
and endings of all the specifics

that deals with the IPTA treating.

Okay.

The ICT London kills them
every day at 1:00 AM.

Eastern standard time.

New York begins the London
kill zone every day at 5:00 AM.

Eastern standard time.

New York ends the London killed.

Now we're going to learn specific things
concerning this kills only later in

April, but for now, again, if you're
ever questioning what I'm referring to

in terms of the beginning and endings,
you have to have a New York time clock.

So either on your smartphone, they
give you an opportunity to do world

clocks, whatever the time is in the.

Use the times I'm giving you in this
specific teaching and set that as

your beginning and ending points
for all the references in time.

Okay.

The ICT New York kills
zone every day at 7:00 AM.

Eastern standard time, New
York begins the New York.

Every day at 10:00 AM.

Eastern standard time, New York
ends the New York kill zone.

We will learn specific things concerning
this kill zone later in April.

But again, for now, this is the
actual times I use to hunt the setup.

The ICT London kills zoned for
London clothes every day at 10:00 AM.

Eastern standard time, New
York begins the London clothes.

Every day at 12:00 PM, noon, New York
time ends that London close kills him.

We will learn specific things concerning
this kill zone later in April.

But for now, whenever we refer to
London clothes, this is the time window.

Again, always in whatever New York
time is, whether it's daylight

savings, time or regular time.

This is the times I'm using.

The APTA true day definition every
day at 12:00 AM, midnight, New

York time begins the EFTA Tru day.

This is the beginning of the
24 hour interbank trading.

Every day at 3:00 PM, New York
time ends the APTA Tru day 24

hour interbank trading day.

We will learn specific things concerning
this time range in April, but for now

know that this is the beginning and the
ending of the interbank 24 hour cycle.

Okay.

So let's take a closer
look at world outline.

What we have is a true day
for a Monday, April 3rd, 2017.

We classify this as a, if the
true day open at midnight and

Monday, today, close at 3:00 PM.

New York time.

You can see that there
are very, very specific.

Time elements being shown here.

Not only are we blending elements
of up-to-date arranges and PD array

matrix, we're looking at institutional
order flow, but now we have an element

of time that it gets so precise.

It's hard to deny how anyone looking at
discharge can see there's an algorithmic

pattern and it's related to time.

Now.

We're not going again.

PDA raise and, and all the
institutional reference points.

But I want you to focus at the
time windows here, look at the

turning points that we see here.

Look at the daily high and look
at the daily low look at the swing

points throughout the rest of the day.

There's logical reasons for why
price goes to these levels and why

they go specifically and precisely
to a one particular level or.

I want to add the 8:20 AM, New York time.

This is the CME open.

Look at this line, draw straight
up with your imagination and goes

right to that little short-term low
and price rallies away from that.

That is not randomness.

Okay.

I'm going to teach you a lot about 8:20 AM
CME open that I did not give you an other.

This area here between the
London and New York kill zones.

This is London lunch.

This is generally when we're not looking
for any major significant price moves it.

Usually the market goes quiet or
it continues in the path is set for

London, open framing the day like
this, you can clearly see using

power three, the open admitted.

Small little down move in the Asian range.

We would not be concerned with that.

The up move on the Asian range,
resistance being broken out.

The holiday forms rate at the
beginning of the ICT London kill

zone that begins at 1:00 AM.

New York time folks that
are using my pre tutorials.

They're waiting for two o'clock,
three o'clock or four o'clock.

This is the actual kill zone.

So the time window begins at 1:00 AM.

It ends at 5:00 AM.

Look at the high that forms a 5:00 AM
at the very end of one and kills him.

Exactly right there.

Now look at the New York
session killed zone.

We have a short-term high that sprained
inside of that New York Hills zone.

But look at the low that forms in
the actual New York Hills zone.

It forms at 8:20 AM CME.

I'll tell you what the CME open is later
on, but for now, just keep that as a

reference point on your own charts, the
high-def forms in the New York session.

Okay.

There's a swing high forms and it
trades down into the London, close

London close makes the low the day
good and consolidation and trades

off the low for a close or what
I refer to as the New York close.

When I say New York clothes.

I'm referring to IPTA true day clothes.

It just saves me the time of saying
if the so true day begins at midnight,

New York time and ends at 3:00 PM.

New York time.

Now 3:00 PM is because bonds close and the
influence that interest rates have on the

currency markets will have ended by then
the last hour, two o'clock to 3:00 PM.

New York time will always encapsulate any.

That's related to FMC to interest rate
announcements, uh, FOMC minutes, all

those events that take place around
the two o'clock hour in New York time.

That's what encapsulates
that last portion.

No matter what happens in FLMC generally
the move is ended or the, the bulk of the

move is ended by 3:00 PM, New York time.

And that's how you frame the entire
daily range, open, high, low, and close.

And that's the delineations of.

So going forward in this month,
we'll know exactly what we're

referring to in time and how they
use these elements for precision.

And until next lesson, I wish
you good luck and goodbye.