ICT 2024 Mentorship Lecture 5 Notes — Asian Session NDOG Trading + Free PDF

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In the 5th lecture of the ICT 2024 mentorship program, the spotlight shifts to trading strategies tailored for the Asian session — a time often overlooked by many traders.

While ICT himself prefers to avoid trading during these less volatile hours, this session is designed specifically for those who, due to a 9-to-5 job or other commitments, cannot participate in the bustling US trading hours.

This lecture delves into how traders can effectively navigate the Asian session, with a particular focus on understanding the dynamics of the New Day Opening Gap.

For those looking to capitalise on opportunities when the traditional trading windows are closed, this session offers valuable insights and strategies to make the most of a typically quieter market.

Below are my full Lecture 5 notes — the key elements, the key timeframes, the bullish and bearish Asian-session models, the 06:00 PM gap setup, the 07:00 to 09:00 PM trading window and the free PDF download.

Lecture 5 Quick Summary

ICT 2024 Mentorship Lecture 5 is the Asian-session model for traders with 9-to-5 jobs. The key reference is the New Day Opening Gap (NDOG) at the 06:00 PM NY local open. The session window runs from 07:00 PM (when the algorithm becomes active and seeks liquidity) to 09:00 PM. Traders mark the NDOG high and low, mark its consequent encroachment if the gap is over 20 pips, identify the initial buy-side and sell-side liquidity (the first short-term swing high and low after the gap opens), and use the OTE pattern after 07:00 PM to enter once price has closed above (bullish) or below (bearish) the NDOG.

Key Elements (Definitions)

(I) New Day Opening Gap : abbreviated as NDOG — it is the gap between the closing price at 05:00 PM (NY local time) and the opening price at 06:00 PM (NY local time).

(II) New Week Opening Gap : abbreviated as NWOG — it is the gap between the closing price on Friday at 05:00 PM (NY local time) and the opening price on Monday at 06:00 PM (NY local time).

(III) Pergeseran Struktur Pasar : is the initial change in the delivery of price which indicates a short-term change in trend.

(IV) Kesenjangan Nilai Wajar : is a three-candle formation having a gap between the 1st and 3rd candle’s wicks.

(V) Inverse Fair Value Gap : is a failed fair value gap which works inversely.

(VI) Blok Pemutus : adalah blok pesanan yang gagal.

(VII) Sapuan Likuiditas : is the phenomenon of hunting liquidity above highs and below lows.

(VIII) Relative Equal Highs : is when a high has a lower swing high on the right side of it formed due to price swing failure.

(IX) Relative Equal Lows : is when a swing low has a higher swing low on the right side of it formed due to price swing failure.

(X) Akibat Perambahan : is the 50% retracement level of a PD array.

(XI) Quarters of a Gap : use the following Fibonacci settings to find the quarter levels of a New Day Opening Gap or a New Week Opening Gap — 0, 0.25, 0.50, 0.75 and 1.

(XII) Premi dan Diskon : the premium zone is above the 50% retracement level between an established high and low, while the discount zone is below the 50% retracement.

(XIII) Breakaway Gap : is a fair value gap left unmitigated.

Key Timeframes

(I) 15 Menit

(II) 5 Menit

(III) 1 Menit

(IV) 15 Seconds

Key Times of the Day

(I) 06:00 PM (New York local time)

(II) 07:00 PM (New York local time)

(III) 09:00 PM (New York local time)

Application in the Market

This model is specifically designed for people doing a 9-to-5 job and having no time to look for the trade during the New York session.

At 05:00 PM (NY local time) trading stops, and resumes at 06:00 PM (Asian session). This is the least enticing time of the day to trade.

Most often at 07:00 PM the algorithm becomes active and seeks liquidity. If it does not happen, leave it — because it will be a typical rangy day.

Bullish Scenario

At 06:00 PM price opens with a gap called the New Day Opening Gap — mark the high and low of the NDOG.

If the NDOG is more than 20 pips, mark its consequent encroachment. If the gap is less than 20 pips, you do not need to mark the consequent encroachment.

Do not trade the gap initially after the price opens. Instead, wait for price to give a clue.

Mark the short-term buy-side and sell-side liquidity (swing high and swing low).

Now wait for price to move away from the gap and grab the short-term buy-side liquidity, forming a berayun tinggi which will be marked as initial buy-side liquidity.

Then wait for price to trade below the New Day Opening Gap and grab the short-term sell-side liquidity, forming a swing low which will be termed initial sell-side liquidity.

Now you have initial buy-side and initial sell-side liquidity levels — and you will look for the larger pool of liquidity above and below them.

After 07:00 PM to 09:00 PM you will use these reference points to execute the trade.

After 07:00 PM, if price moves away from the NDOG and closes above it, you can look for a bullish trade setup using the ICT Optimal Trade Entry Pattern.

In this scenario your stop loss will be below the low formed post-07:00 PM, and for take profit you target the initial buy-side liquidity or the larger pool of liquidity above it.

Bearish Scenario

Look for the NDOG at the 06:00 PM opening price.

Do not trade the gap initially after the price opens. Wait for price to give a clue.

Mark the nearest buy-side and sell-side liquidity (swing high and swing low).

Now wait for price to move below the gap and grab the nearest sell-side liquidity, forming a swing low which will be marked as initial sell-side liquidity.

Then wait for price to trade away from the New Day Opening Gap and grab the nearest buy-side liquidity, forming a berayun tinggi which will be termed initial buy-side liquidity.

Now you have initial buy-side and initial sell-side liquidity levels — and you will look for the larger pool of liquidity above and below the initial liquidity levels.

After 07:00 PM to 09:00 PM you will use these reference points to execute the trade.

After 07:00 PM, if price goes below the NDOG and closes below it, you can look for a bearish trade setup using the ICT Optimal Trade Entry Pattern.

In this scenario your stop loss will be above the high formed post-07:00 PM, and for take profit you target the initial sell-side liquidity or the larger pool of liquidity below it.

Step-by-Step Lecture 5 Trade Flow

This is the exact sequence Michael Huddleston walks through in Lecture 5 for the Asian-session model.

1. Sit down before 06:00 PM NY time. The session window starts when the New Day Opening Gap forms.
2. Mark the NDOG. High and low of the gap between the 05:00 PM close and the 06:00 PM open.
3. Mark the consequent encroachment if NDOG over 20 pips. The 50% midpoint of the gap.
4. Wait — do not trade the open. Let price give a clue before committing.
5. Mark the initial buy-side liquidity. The first short-term swing high formed away from the gap.
6. Mark the initial sell-side liquidity. The first short-term swing low formed away from the gap.
7. Wait for the algorithm at 07:00 PM. If price does not start seeking liquidity by 07:00 PM, sit out — it is a rangy day.
8. Watch for the directional close at 07:00 PM. A close above the NDOG signals bullish; a close below signals bearish.
9. Apply OTE for the entry. Use the Entri Perdagangan Optimal TIK 0.62 to 0.79 retracement on the leg that just developed.
10. Set the stop. Below the post-07:00 PM low (longs) or above the post-07:00 PM high (shorts).
11. Take profit at the initial liquidity. Initial buy-side (longs) or initial sell-side (shorts) — extend to the larger pool if the trade has room.

Best Markets for the Lecture 5 Asian-Session Model

The model is anchored to the 06:00 PM NY-local Asian-session reopen, so it works best on instruments active during this window.

• USD/JPY, AUD/JPY and AUD/USD — the most active forex pairs during the Asian session, where NDOGs deliver the cleanest signatures.
• NQ (NASDAQ futures) dan ES (S&P 500 futures) — the CME Globex 06:00 PM ET reopen produces a visible NDOG on US indices.
• XAU/USD (Gold) — gold’s Asian-session NDOG often delivers an OTE trade between 07:00 and 09:00 PM ET.

For traders in the United States who follow the CFTC FIFO and no-hedge rules and who work a 9-to-5 day job, the Lecture 5 Asian-session model is the natural fit. NQ and ES on CME Globex reopen at 06:00 PM ET and deliver the OTE setup between 07:00 and 09:00 PM ET — a window that is fully outside US daytime working hours and aligns with most evening schedules.

Common Mistakes on the Lecture 5 Model

These are the recurring mistakes I see when traders first try to apply the Lecture 5 framework.

1. Trading the 06:00 PM gap immediately. The lecture explicitly says do not trade the gap right after the open. Wait for price to give a clue.
2. Skipping the 20-pip CE rule. If the NDOG is over 20 pips, the consequent encroachment must be marked. Skipping it removes the most reactive level inside the gap.
3. Forcing trades on a rangy day. If the algorithm is not active by 07:00 PM, the framework explicitly says sit out. Trying to force a trade in a rangy Asian session produces chop entries.
4. Skipping the directional close. The bullish setup requires a close above the NDOG; the bearish setup requires a close below. Entering before that close inverts the read.
5. Wrong instrument for the session. Asian-session trading is most effective on JPY pairs and US index futures. Trying to trade GBP or EUR pairs during the Asian session usually produces no setup.
6. Stop too tight. Stops must sit beyond the entire post-07:00 PM swing — not just at the OTE entry level.

ICT Mentorship 2024 Lecture 5 Notes PDF Download

You can download below ICT mentorship 2024 lecture 5 notes in PDF for free. This PDF is sponsored by ICTPDF.COM.

To learn the complete ICT Trading strategy step by step, you can buy the E-book PDF Perdagangan TIK pada ICTPDF.COM.

Continue with the ICT 2024 Mentorship Series

This is Lecture 5 of the ICT 2024 Mentorship. The complete notes series is published lecture-by-lecture on the site.

• ICT 2024 Mentorship Lecture 1 Notes
• ICT 2024 Mentorship Lecture 2 Notes
• ICT 2024 Mentorship Lecture 3 Notes
• ICT 2024 Mentorship Lecture 4 Notes

FAQs about ICT 2024 Mentorship Lecture 5

Brief answers to the questions readers ask most often about Lecture 5.

What does ICT 2024 Mentorship Lecture 5 cover?

Lecture 5 covers the Asian-session model designed for traders with 9-to-5 day jobs. The setup is anchored to the New Day Opening Gap (NDOG) at 06:00 PM NY local time, with entries taken between 07:00 PM and 09:00 PM using the OTE pattern.

What time does the Lecture 5 model start?

The session starts at 06:00 PM (NY local time) when the NDOG forms. The actual trading window runs from 07:00 PM to 09:00 PM.

Why does Lecture 5 say to wait for a clue?

The 06:00 PM open is the least enticing time of day. The lecture explicitly says do not trade the gap immediately — wait for price to give a clue (the formation of initial buy-side and sell-side liquidity).

What is the 20-pip rule for the NDOG in Lecture 5?

If the NDOG is more than 20 pips, mark the consequent encroachment (50% midpoint) of the gap. If the NDOG is 20 pips or less, you do not need to mark the consequent encroachment.

What is initial buy-side and sell-side liquidity?

Initial buy-side liquidity is the first short-term swing high formed after the NDOG opens (the first place buy stops cluster). Initial sell-side liquidity is the first short-term swing low (the first place sell stops cluster).

What happens if the algorithm is not active by 07:00 PM?

If price has not started seeking liquidity by 07:00 PM, the lecture says leave it — it will be a rangy day.

How do I trade a bullish Lecture 5 setup?

After 07:00 PM, if price moves away from the NDOG and closes above it, look for an OTE buy entry. Stop below the post-07:00 PM low; target the initial buy-side liquidity or the larger pool of liquidity above it.

How do I trade a bearish Lecture 5 setup?

After 07:00 PM, if price moves below the NDOG and closes below it, look for an OTE sell entry. Stop above the post-07:00 PM high; target the initial sell-side liquidity or the larger pool of liquidity below it.

What instruments work best for the Lecture 5 model?

USD/JPY, AUD/JPY and AUD/USD are the cleanest forex pairs during the Asian session. NQ and ES on CME Globex also produce a visible NDOG. Gold is a strong third option.

Can I download Lecture 5 as a PDF?

Yes — the free PDF download button is available on the page. The PDF is sponsored by ICTPDF.COM.

Is the Asian-session model good for full-time job traders?

Yes — that is exactly who the model is designed for. The 06:00 PM to 09:00 PM NY window sits outside US daytime working hours and aligns with most evening schedules.