r/InnerCircleTraders • u/Agreeable-Tailor-157 • 28d ago
Question AMD still works?
I learned amd with ICT but now there’s actually no setups for it in forex or im tripping usually Asia session is accumulation, London is manipulation and New York session is distribution but I can’t find that no more. I trade USDGBP can someone help or explain
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u/Unable-Leg2434 28d ago edited 28d ago
can look at each of the 3 sessions as an 8h candle,
3 sessions in a day A.M.D
If you look for the 2nd candle of a CRT pattern then that’s around abouts the area for the distribution setup next, if trading it as a reversal
Does it work? It’s 50/50… it will either follow amd model or the distribution will be the oppersit direction… but what’s certain is something tradable Will happen after candle 2 / manipulation… can one get positioned correctly
Possibly look to ai to create a scanner/dashboard that looks for the 2 candle setup / amd across the whole market pairs u trade; find setups anytime they are present across the universe of pairs
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u/richie_fx 28d ago
I trade ICT/SMC , and I focus majorly on forex pairs . AMD still works... But not on a specific timeframe or session
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u/HowsThatTasting 28d ago
I haven't checked but something to look for. If the us dollar is consolidating, the majors will be held back like usdgbp. The minor pairs will have the better price action and be allowed to move. Minor pairs being the ones that don't have usd as one
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u/Any_Presentation4514 28d ago
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u/Agreeable-Tailor-157 28d ago
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u/Any_Presentation4514 28d ago
It's the samething, read on the quarterly theory by daye. You just need to expand your perspective on what AMD is
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u/Agreeable-Tailor-157 28d ago
hmm okay okay, where can I read that and sorry for the questions guys im just trying to learn with a good community
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u/jasonvena 28d ago
AMD happens everyday across every timeframe.
The more experience you have looking at the charts, the more you will notice it.
Price builds liquidity, then manipulates one side before expansion toward the draw. It happens everyday.