ICT Forex - Implementing The Asian Range

Main ideas / lessons conveyed

• Purpose of the module: Learn how to implement the “Asian Range” (a market-structure/time-range concept originally taught by Chris Laurie) using ICT-style context to anticipate likely intraday direction.
• Key premise:
  • Price action before Frankfurt/London opens can hint at the future intraday move.
  • After midnight (New York time), the market often begins executing the “story” formed from earlier consolidation.
• Core interpretation:
  • The Asian Range reflects order stacking and liquidity building during a quiet consolidation period.
  • When liquidity is targeted, price often breaks above/below the range to trigger stops, then continues in the direction implied by the broader bias.

Sources / concepts mentioned

• The “Asian Range” concept is not presented as the speaker’s original invention; it was learned from Chris Laurie.
• The speaker frames the method as compatible with ICT concepts and market-structure thinking—though they emphasize the range itself isn’t “magical” without the directional “storyline.”

Detailed methodology / instructions (how to apply the Asian Range)

1) Define and draw the Asian Range on your chart

• Time window (New York time):
  • Start: 7:00 p.m.
  • End: 12:00 a.m. (midnight)
• Range boundaries:
  • Asian Range High: Highest high between 7:00 p.m. and midnight
  • Asian Range Low: Lowest low between 7:00 p.m. and midnight
• How to place it visually:
  • Draw a vertical line at 7:00 p.m. NY time
  • Draw a vertical line at midnight NY time
  • Mark the highest high and lowest low within that window to form the range box.
• Practical focus note:
  • Each day, “zero in” on 7:00 p.m. NY time as the anchor.

Note: The speaker mentions Chris Laurie sometimes extends the Asian Range beyond midnight (example: 12:30 a.m.), but this presentation uses the midnight definition because “financial markets begin at midnight.”

2) Build the “storyline” using directional bias (bullish vs. bearish)

• Before midnight: watch for compression (tight consolidation).
• After midnight: expect execution toward liquidity:
  • Bullish storyline expectation: price seeks buy-side liquidity above the range
  • Bearish storyline expectation: price seeks sell-side liquidity below the range

3) When to look for opportunity (market condition filter)

• The setup emphasized is when the Asian Range is very narrow / tightly consolidated between 7:00 p.m. and midnight.
• With narrow consolidation, the market is framed as likely to run above or below the range to sweep liquidity, then proceed through the remainder of the day.

Implementation rules & entry logic

4) Use in bullish conditions

• Goal: Identify bullish continuation after the Asian Range is challenged.
• General bullish expectation:
  • If higher-timeframe bias is bullish, institutional buying is expected to appear on retracements back toward the Asian Range (especially near the Asian Range high after liquidity sweeps).

Key bullish entry concepts

1. Revisit / retest logic

   • Price returns to the Asian Range high, then bullish buying resumes.

2. Two bullish opportunity zones (as described in examples)

   • Lower-risk entry point: overlap of retracement after the low-to-high sweep with the Asian Range high during the New York open.
   • Another entry via buy stop above the Asian Range high, but only after the Asian Range low is broken first.

Important rule (explicit warning)

• If you place a buy stop above the Asian Range high before the Asian Range low is taken, you may get stopped out.
• The speaker stresses that there are rules and encourages confirming with “rewind”/review.

Order logic used in the examples

• Use a market/stop mindset:
  • After liquidity is taken and direction is confirmed, entries can be via stops tied to break-and-continuation behavior.

Kill zone enhancement

• Probabilities improve if entries occur around ICT kill zones, such as:
  • London open
  • New York open

5) Use in bearish conditions

• General bearish expectation:
  • Wait for price to break the Asian Range low, then anticipate a retracement upward where institutional selling resumes.

Two bearish approaches described

1. Sell on a breakout above the Asian Range high (best scenario emphasized)

   • With bearish bias, selling is favored on a move above the Asian Range high, where breakout buyers can get trapped.

2. Low-risk confirmation via retracement

   • Wait for the Asian Range low to be broken, then look for price to retrace back up to that level (now resistance / selling area).

Stop-sweeping explanation (bearish)

• Buyers placed above / breakout buyers get trapped.
• Stops are swept below the range, after which price can reverse and run in the bearish direction.

Kill zone enhancement

• If bearish triggers occur during London/New York open kill zones, the speaker claims accuracy/probability improves.

Additional trading practices discussed (context around execution)

• The speaker contrasts prior “pre-Asian-range” trading with this Asian Range model:

  • Previously relied more on opening price references and tape reading / intuition / experience.
  • Mentions past concepts such as turtle soup and “equal highs/lows.”

• Execution preferences and risk framing (not presented as a complete system):

  • Uses market orders when trading while awake.
  • If not awake, may place a limit order a couple pips above/below key equal highs.
  • Claims not to trail stops; instead prefers taking partials and keeping the initial stop at the original placement, then managing further after New York action/retracement.
  • Strongly against extremely tight stops; argues that very small stops (e.g., around ~5 pips) invite bad outcomes and that “better ways” exist.

• Method of learning emphasized:

  • Encourage manually drawing the range and levels (hand-drawn practice on printed charts) to build true understanding rather than relying on indicators.

Ending / takeaway emphasis

• Asian Range is part of a broader daily framework:
  • Determine daily directional bias
  • Anchor to the Asian Range
  • Wait for the appropriate post-midnight behavior aligned with bullish/bearish expectations
• Skill acquisition message:
  • Better forecasting comes from repeated chart study, not only books or videos.

Speakers / sources featured

• Primary speaker: Unnamed instructor/author (person presenting the lesson)
• Referenced source / original teacher of the Asian Range: Chris Laurie
• Referenced book/pattern source: Larry Williams (mentioned as a teacher whose challenge influenced the speaker’s approach)
• Referenced trading book: “Street Smarts” (turtle soup pattern referenced; the subtitle excerpt attributes it to Larry Williams’ “turtle soup” idea)
• Other referenced:
  • ICT / ICT Kill Zones (concept referenced; no specific named individual in the excerpt)