Module 10

Time

The fourth module of the ICT method adds the clock to the first three: which session you are looking at, which windows you search in, and how ICT tells the story of a day, from the night’s range to the false start at the open.

Step 49

The sessions, as ICT reads them

Step 24 gave the session hours. ICT adds module 8 to them: each session leaves a high and a low, which are the next session’s liquidity.

Three sessions, three roles

Asia, 19:00 to 4:00 New York time (midnight to 9:00 in London): often a narrow range, whose high and low are the day’s first levels.
London, 3:00 to 11:30 (8:00 to 16:30 in London): the first to move decisively, often by taking one side of the Asian range.
New York, 8:00 to 17:00 (13:00 to 22:00 in London): the widest moves, above all around the stock market open at 9:30. It extends London, or contradicts it.

Mark the levels before each open

Before London, the Asian high and low. Before New York, the London ones and the previous day’s. They are step 39’s buy-side and sell-side, sorted by session.

A sequence, not a rule

The side London takes does not tell the day’s direction. On the chart, London takes the Asian high, New York takes London’s, then price turns and goes below the whole night.

Some days Asia is already wide, or London does nothing: the pattern is not to be forced.

Bullish candleBearish candleKey zone

Nasdaq-100 (NQ) on 30-minute candles, 28-29 July 2025: London takes the Asian high at 3:00, New York takes the London high at 9:30, then price goes below the Asian low at 10:30. — Nasdaq-100 (NQ), 30-minute candles, 28 and 29 July 2025, New York time. Overnight, Asia holds between 23,516.5 (20:00) and 23,555 (2:00). From the 3:00 candle, London trades above it (23,561.75) and climbs to 23,609 at 6:00. New York clears that London high by 4.5 points at 8:00, then goes up to 23,652.5 at 9:30, at the stock market open. The same candle drops back to 23,555.75; at 10:30 price goes below the Asian low (23,514.5) and falls to 23,438.25 at 11:30. The first side taken was not the day’s direction.

Key pointEach session leaves a high and a low that the next one often comes for: mark them before the open. The side taken first does not yet tell the day’s direction.

Step 50

The killzones

Within those sessions, ICT only searches a few windows, the killzones: module 8’s liquidity and module 9’s zones are watched for there, and nowhere else.

Three windows, New York time

London, 3:00 to 5:00: the European open.
New York, 8:30 to 11:00: the US open, during the overlap with London.
The London close, 11:00 to 12:00: a close, where you look for reversals rather than continuations.

The Silver Bullet is an hour of its own, 10:00 to 11:00 (inside the New York killzone) or 14:00 to 15:00, with a single pattern and its own written strategy.

A filter, not a signal

A killzone says when to look, not what to do: with no setup, no trade.

Nor does it make a setup better: in the site’s measurements, being inside a killzone did not separate good setups from bad ones (step 58). What it brings: fewer hours at the screen.

The clock-change trap

In March, the United States moves to summer time on the second Sunday, Europe on the last: two or three weeks of offset.
In autumn, Europe goes back on the last Sunday of October, the United States on the first Sunday of November: one week.

In those weeks, London is only four hours ahead of New York: everything comes an hour earlier (table). The site’s killzones tool converts every day.

Window	New York	London	London, offset
London	3:00 – 5:00	8:00 – 10:00	7:00 – 9:00
New York	8:30 – 11:00	13:30 – 16:00	12:30 – 15:00
Silver Bullet AM	10:00 – 11:00	15:00 – 16:00	14:00 – 15:00
London close	11:00 – 12:00	16:00 – 17:00	15:00 – 16:00
Silver Bullet PM	14:00 – 15:00	19:00 – 20:00	18:00 – 19:00

The windows of the site’s killzones tool. London is five hours ahead of New York for most of the year, four during the offset weeks.

6E (euro FX future) on 15-minute candles, 13 July 2026: a 45.5-pip rise in the London killzone, a 35.5-pip fall in the New York one, little movement in between. — The 6E (euro FX future), 15-minute candles, 13 July 2026. In the London killzone (3:00-5:00), price rises 45.5 pips, from 1.14305 (3:00) to 1.1476 (4:15). In the New York one (8:30-11:00), it falls 35.5 pips, from 1.14635 (9:00) to 1.1428 (10:45). In between, from 5:00 to 8:30, it holds within 17.5 pips; before 3:00, within 13.5. The London close (11:00-12:00) covers only 10 pips, and the fall resumes afterwards, down to 1.14125 at 12:30, outside any killzone. The two killzones go opposite ways: the clock does not give the direction.

Key pointKillzones are windows in New York time (London 3:00-5:00, New York 8:30-11:00, London close 11:00-12:00) where you search, and outside which you do not. They say when to look, never what to do.

Step 51

The Power of Three

Sessions and killzones say when to look. The Power of Three (AMD) puts everything since module 7 together into one story of the day, in three beats.

Accumulation, manipulation, distribution

Accumulation: overnight, in Asia, price turns in a range and leaves liquidity on both sides.
Manipulation: a move leaves the range on the wrong side and takes the stops beyond it, often at the London open. It is the stop hunt of step 41.
Distribution: the day’s real move, the other way, often launched or carried on by New York.

A bullish day makes its manipulation below the range, a bearish day above it, as in the diagram. The reason is module 8’s: to buy size you need sellers, and the stops under the range supply them.

A reading that checks out afterwards

After the close, almost every day can be told this way. In session, when London leaves the range, nothing says whether it is the manipulation or already the distribution.

On the charts, two almost identical 6E nights: on 24 October 2024 the reading holds; on the 25th the same reading is wrong, and price ends below the night’s range.

What proves it right comes afterwards: the close back inside, then a CHoCH or a CISD (module 7). That is the next step.

Bullish candleBearish candleKey zone

6E (euro FX future) on 30-minute candles, 23-24 October 2024: a range overnight, a drop below it at 3:00, then the rise until 16:00. — 24 October 2024: the reading holds

The same 6E on 30-minute candles, 24-25 October 2024: the same drop below the range at 3:00, a rise until 8:30, then the fall below the 3:00 low. — 25 October 2024: the same reading is wrong

The 6E (euro FX future), 30-minute candles, two nights that look alike. On 24 October 2024, Asia holds between 1.0802 and 1.0816; at 3:00, London drops to 1.07935, below that range and below the midnight open (1.08095), then the 3:30 candle closes above the range (1.0818). New York does not come back under the open (1.0811 at 8:30) and price climbs to 1.0853 at 16:00. On the 25th, Asia holds between 1.0837 and 1.085; at 3:00, price drops to 1.0836, below that range and below the midnight open (1.0844), then trades above the range at 4:00 (1.08595): the same reading. After the 8:30 high (1.0862), it closes under the open at 11:00 (1.0843), goes below the 3:00 low at 11:30 (1.08335) and falls to 1.0816.

Key pointThe Power of Three reads a day in three beats: accumulation overnight, manipulation that takes the stops on one side, distribution the other way. It is a reading that checks out afterwards: in session, only what follows confirms it.

Step 52

The Judas swing

The Judas swing is the Power of Three’s manipulation when it follows an open: a fast move the wrong way, which traps those who follow the first push.

Where and when to look for it

Just after an open: London at 3:00, New York at 8:00 (9:30 for indices, with the stock market).
On liquidity visible beforehand: the Asian, London or previous-day high or low, equal highs.
On the wrong side of the midnight open (0:00 in New York): below it for a bullish day, above it for a bearish one.

Read it afterwards, never during

While it forms, a Judas looks like a break. What sets it apart comes next: a quick close back (if the return drags, it was not one), then a CHoCH or a CISD the other way.

The entry then comes on a zone left by the reversal (module 9), with the stop beyond the Judas extreme.

When it was not one

An opening move that leaves and keeps going was not a trap: it was the direction.

Even confirmed, a Judas can fail: the one of 25 October 2024 (step 51) had its close back, then price went below its low at 11:30.

The model allows for one a day, and some days have none.

Bullish candleBearish candle

6E (euro FX future) on 15-minute candles, 26 January 2026: at the New York open, price goes below the Asian low and the midnight open, comes back, makes a CHoCH at 9:15 and climbs until 11:00. — The 6E (euro FX future), 15-minute candles, 26 January 2026. Overnight, the Asian low is 1.18645 (2:45) and the midnight open 1.1887. From 7:00 to 8:00, five bearish candles in a row take price below that low: 1.18625 at 8:00, at the New York open, 24.5 pips under the midnight open. The 8:00 candle already closes back above (1.18675). At 9:00, a close above the series’ open (1.18835) makes the CISD; at 9:15, a close at 1.18945 goes above the 6:45 swing high (1.1886): the CHoCH. Price takes the Asian high (1.19045) at 9:45 and climbs to 1.19345 at 11:00.

Key pointThe Judas swing is the false start of an open, taking liquidity on the wrong side of the midnight open. It is only read afterwards, on a close back then a CHoCH or a CISD, and even confirmed it can fail.

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