Thank you guys for your interest. I can say I don't use this Asian Session range as one signal to enter Market. There are several ones and not every day they can be seen. With your help I just want to automate this indicator to build this blocks above and below.mladen wrote:
I am watching that example and what I fail to see is how would it be used if the extra ranges will be drawn in past (where they have nothing in common with prices that will be formed later)
Here is my explanation of the trade I made based on the ICT method before Janet Yellen's speech that day:
The Daily High (1.06332) was established between GMT 7:00-9:00 (yellow block). This Daily High also fitted 61.8 Fibonacci level of previous Daily HL and overbought level of 2 standard deviations (magenta block). Market Makers set BIG Sell Limit orders right on this 1.06332 price level. They even twice made fake moves to this level (yellow block) and (green block) in order to get more liquidity for their Sell Limit orders, but even then, their Sell Limit orders were not filled completely, because twice we had a rejection EXACTLY from this 1.06332 price level. Finally they formed the Double Top, then the Price channel was broken and at the end MMs removed all their Buy Limit orders from around 1.0606 - 1.0611 area that previously supported price and twice moved it up above GMT 5 Price that day. As a result we saw that EURUSD flash crash.
