POWER OF THREE (AMD)

ICT says every trading day follows a three-act structure, each corresponding to a specific session: ACT 1 — ACCUMULATION (Asian Session, 8 PM – 12 AM EST): Institutions quietly build positions. Price consolidates in a tight range. Don't trade here — there's no direction, just noise. But DO mark the range because the high and low become critical levels for the next two acts. ACT 2 — MANIPULATION (London Session, 2 AM – 5 AM EST): This is the deception phase. Price makes a false move — the "Judas Swing" — in the WRONG direction. If the day is going to be bullish, London will push price DOWN first, sweeping the Asian lows, triggering retail sell orders. Then price reverses. If bearish, London sweeps the Asian highs first. This false move traps retail traders on the wrong side and provides liquidity for institutions to fill their real position. ACT 3 — DISTRIBUTION (New York AM, 7 AM – 12 PM EST): The real, sustained move. After the Judas Swing is complete, price moves powerfully in the TRUE direction. This is where 80% of the daily range is created. This is where ICT traders make their money — catching Act 3 after identifying Acts 1 and 2.