Ever wondered how ICT got the times of his killzones?
18.00 - 00.00 (Asian Session) 6hrs*
00.00 - 06.00 (London Session) 6hrs*
06.00 - 12.00 (NY Session) 6hrs*
12.00 - 18.00 (PM Session) 6hrs*
24hrs added together.
Now... if you divide 6hrs by 4 you'll get 90mins.
Q1: 18.00 - 19.30 | Q2: 19.30 - 21.00 | Q3: 21.00 - 22.30 | Q4: 22.30 - 00.00 (90min Cycles of the Asian Session)
Q1: 00.00 - 01.30 | Q2: 01.30 - 03.00 | Q3: 03.00 - 04.30 | Q4: 04.30 - 06.00 (90min Cycles of the London Session)
Q1: 06.00 - 07.30 | Q2: 07.30 - 09.00 | Q3: 09.00 - 10.30 | Q4: 10.30 - 12.00 (90min Cycles of the NY Session)
Q1: 12.00 - 13.30 | Q2: 13.30 - 15.00 | Q3: 15.00 - 16.30 | Q4: 16.30 - 18.00 (90min Cycles of the PM Session)
Do you see the sequence? Q2 - Q3 are where the killzones are for every 90min cycle.
Why? Q2 is mainly used for manipulation, Q3 is mainly used for distribution.
The money they waste on war can fix world hunger and homelessness.
They teach us to be workers in school, but when we graduate there is either no job for us or the job we get can’t even make our ends meet.
Fuck the system.
Liquidated? My risk trading $BTC is no more than 2% per trade.
Also, I already took profit, my stop is currently at break-even.
I don’t care what it does.
You’re obviously over there either gambling with 1000x leverage or not trading at all, sad.
Your risk must be calculated before you even think about taking a trade, 1% is ideal.
Your setup must offer at least 3Rs.
You must have rules in place which keep you from taking more than two trades per day.