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TIME VARIABLES
The usual time period I look to trade is the New York AM session which is 09:30 -
12:00. From the open we use the injected volatility to pursue a position.

We do not look to trade before or after the session, only during, we’re looking for
a specific formation of price at a particular time of day.
NEWS DRIVERS
It’s essential to monitor news drivers for the day to see how they will impact your
trading schedule.

FOREXFACTORY.COM

These are the settings we use:

NFP WEEK
During non-farm we can trade the Monday - Wednesday AM session although we must
ignore the Wednesday PM - Friday AM session.

In the event that there is a news driver at 08:30 AM, we can position the search
following the volatility injection, however, you must not enter before the
volatility takes place.

Additionally, a driver at 10:00 AM, means that you should again wait for the
volatility injection rather than position searching at the 09:30 open.

When a news driver takes place after the initial 09:30 open, volatility will most
usually consolidate, therefore providing a low-quality and risky environment.

MACROS
Time macros during sessions are particular time periods when price is likely to
perform an algorithmic formation or run a new liquidity pool; using these to
position search is useful as price is expected to run liquidity.
During AM session:
- 09:50 - 10:10
- 10:50 - 11:10

OPENING GAPS [NWOG]

‘New week opening gaps are a soft bias - minimum expectation’

| A soft bias is a thesis that’s concluded using only technicals.

When looking at prices reaction to opening gaps, it will most likely gravitate
towards and use opening gaps as support/resistance if the market is NOT trending;
consolidation will result in the market using the opening gap as support and
resistance throughout the week.
DEFINITION
New Week Opening Gap:

FRIDAY CLOSE - SUNDAY OPEN

NWOG should be dragged throughout the week, as it will have a support and
resistance effect to imply your bias.

DAILY OPENING GAPS

DEFINITION
Daily Opening Gap:

5PM CLOSE - 6PM OPEN

Price again uses the daily opening gap as support and resistance for the price.
MY SETUP
My position search criteria is a Breaker + FVG setup with price moving towards
smooth edges as a draw of liquidity, following the NY open.

Additional things to take into consideration:

- SMT with YM / NQ
- Balanced price range, an FVG moving through another FVG

I have recently been noticing that successful unicorns contain a BPR, both below
the breaker, and we also displace through the breaker.

We also want to see this play out shortly after the 09:30 opening or news driver.
Schematic of the price we’re looking to form upon NY OPEN
FRAMEWORK
Soley looking for a unicorn will not be enough to remain consistent, you must know
when and when not to participate, such as when the framework, before open, has
already been fulfilled, this suggests price during the session will be choppy and
provide a low-quality environment.

Such as here, the smooth edges were taken before an entry was provided.
WHEN NOT TO PARTICIPATE
This is generalised and can only be developed personally by showing up and
observing the charts live every day, however, essentially the premise states that
if the framework is fulfilled - plays out, before the session opens then price will
most likely consolidate.

Also when price has a large expansion before the AM session we do not look to
pursue a position, this is because the session will most likely again consolidate.

ORDERBLOCKS & BREAKER BLOCKS CLARIFIED !

Order Blocks are a change in the state of delivery, and to clarify, these should be
accompanied - adjacent to a fair value gap.

BREAKER
The majority of these concepts require them to be accompanied by an FVG, take this
into account.

| I rundown the AM session every day live over at ChromaTrading feel free to
contact me regarding questions.