CHAPTER 6

Time & Price: When To Trade

The right price at the wrong time still loses. Half of ICT's edge is knowing which windows of the day actually deliver price.

6.1What A Killzone Is

A killzone is the window in which a session's large orders get executed. Price moves fast, displacement forms and FVGs are born. Outside these windows price usually chops inside a range.

**Fig. 6.1** The full trading day in Dhaka time

**Fig. 6.2** Three sessions on one chart: Asian range, London sweep, New York expansion

6.2Session Personalities

Session (Dhaka time)	Character	Your job
Asian 06:00-12:00	Range building, small candles	Mark the range, do not trade
London 13:00-16:00	First sweep and first delivery	Judas + MSS + FVG
New York 18:30-21:00	The biggest expansion of the day	The main trading window
Lunch 21:00-23:00	Dead, wide spreads	Rest
NY PM 23:00-01:30	Secondary reversal or continuation	Silver Bullet 2-3pm

6.3Power of Three (AMD)

Every day runs in three acts: accumulation, manipulation, distribution. The daily candle itself shows it: open, a fake push one way, then a body in the other direction.

**Fig. 6.3** AMD: accumulation, manipulation, distribution

The Asian range is the accumulation zone.
The first London move is the manipulation, the Judas swing.
New York is the distribution - where the big leg happens.
Enter when manipulation ends, exit during distribution.

6.4The Judas Swing

The first aggressive move of a session is often a lie. Breakout traders enter, stops get taken, and then the real direction begins.

**Fig. 6.4** London Judas: sweep the Asian low, then deliver upward

The Judas is most likely inside the first 60 minutes.
If there is no 5m MSS after the sweep, do not fade the move.
Trade against the sweep, not with the breakout.

6.5True Day and the Midnight Open

The 00:00 New York open (11:00 Dhaka) is the fairest price of the new day. Above it, the day is premium; below it, discount.

**Fig. 6.5** Bias from the midnight open

6.6Macro Windows and Silver Bullet Times

ICT marks specific 20-minute and one-hour windows where the algorithm is most active. They are not secret codes - they relate to session opens.

**Fig. 6.6** Macro and Silver Bullet times in Dhaka time

6.7The Weekly Profile

The week is also an AMD cycle: Monday builds the range, Tuesday and Wednesday deliver, Thursday often takes the opposing pool, Friday closes.

**Fig. 6.7** The typical personality of each weekday

**Fig. 6.8** The weekly open is the week's equilibrium

6.8News Hours

From Bangladesh the two news windows that matter are 18:30 (US data) and 20:00-21:00 when FOMC or NFP lands. Do not open new positions in the five minutes around a release.

State	Rule
5 minutes before high impact news	No new entries
Already in a position	Tighten the stop or close 50 percent
After the release	Wait for the first 5-minute candle to close
If spreads widen	Stand aside and reassess later

6.9The Time Checklist

Am I inside a killzone? If not, close the chart.
Which AMD phase is today in?
Which session high or low is still untouched?
Is a macro window coming up?
Is there news?

Educational material only · not financial advice.