Euro / U.S. Dollar

EUR/USD AMD

22
AMD stands for Accumulation, Manipulation, and Distribution.


As you can see these phases here occur during a certain time of day.

Accumulation occurs during the London Session Lunch ( Gap between London Kill Zone and New York Kill Zone)

- The price is in a phase of consolidation, there are equal amounts of buyers and sellers at this moment.

Manipulation occurs during the New York Kill Zone (7am-11am)

- The price has taken the high of the consolidation (which breakout traders would buy on), then it falls sharply to take out the low of the consolidation (which knocks out buyers on the break out and triggers sellers on the breakout lower)

Distribution occurs during the New York Kill Zone, and ends during the London Close (10am -12 pm)

- Banks have knocked retail trader out the market on both sides of the market (buy side and sell side)


*Bouns* Which side of liquidity was taken first once the New York Kill Zone started? Buy side liquidity.

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