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ICT Price Action Lesson Using the Friday Asian Range Concept

ICT’s lesson argues that Monday analysis should reference the previous Friday’s Asian range, then combine projected range multiples with directional bias and contextual price-action levels.

Document-based research and editorial review. Last reviewed September 25, 2026 3 min read

Key takeaways

ICT’s Friday rule replaces the standard Monday Asian Range with the previous Friday’s range—measured from Thursday 7:00 PM through midnight New York time. The Friday range forms the reference window for Monday’s session. The video walks through the definition, the time-window mechanics, and a live Nasdaq example where price revisited the Friday low before continuing higher.

How we researched this article

BestProps used document-based research from primary firm sources, checked September 25, 2026. The complete source list, scope, limitations, and commercial-state record appear near the end of this article.

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Why Friday Replaces Monday

The diagram shows Friday range boundaries and equilibrium extending into Monday.
The diagram illustrates Asian Range within this section’s framework. Educational illustration, not a price chart.

The Inner Circle Trader (ICT) methodology defines the Asian Range as the high-to-low span printed during the Asian session. For Monday, however, ICT substitutes the prior Friday’s 7:00 PM–midnight NY window because Sunday’s open is thin and Monday’s true Asian session hasn’t produced a usable range yet. The Friday range therefore becomes Monday’s reference for directional bias, equilibrium, and liquidity draws.

Defining the Friday Asian Range Window

Time window: Thursday 7:00 PM → midnight New York time (which is Friday 00:00–05:00 UTC depending on DST). Measure: Highest high to lowest low printed in that window. Application: Those two levels—Friday Asian Range High and Friday Asian Range Low—are carried forward as Monday’s Asian Range High and Low.

ICT Friday Asian Range visual: Thursday 7 PM to midnight NY time window showing high/low range projected onto Monday session
Figure 1 — Friday Asian Range window (Thursday 7 PM–midnight NY) projected onto Monday’s session

Live Example: Nasdaq (NQ) Walk-Through

The video (ICT Friday Asian Range lecture) reviews a Nasdaq futures chart where:

  • Friday’s 7 PM–midnight range printed a clear high and low.
  • On Monday, price opened, traded down to retest the Friday low (acting as support), then rallied toward the Friday high.
  • The presenter notes the retest as a “liquidity draw” on the Friday low before continuation—consistent with the ICT concept of price seeking the opposite side of the defined range.

Timestamp references from the video:

  • 1:18 — Definition of the Friday Asian Range window
  • 2:25 — Marking the Friday high/low on the chart
  • 3:52 — Monday session walk-through: retest of Friday low
  • 5:10 — Continuation toward Friday high and session wrap-up

How to Apply This in Your Prep

  • On Thursday evening, mark the 7:00 PM–midnight NY high and low for the instrument you trade.
  • Carry those two levels into Monday as your Asian Range High/Low.
  • Watch for Monday price to probe one side of the range (often the low first) before rotating to the other side.
  • Treat the Friday range as a reference framework, not a standalone signal—combine with ICT market structure, order blocks, and session opens.

Watch the Full Lecture

Resources

Disclaimer: This article summarizes a publicly available educational video. It does not constitute trade advice, nor does it verify the profitability of any setup shown. Chart outcomes described are the presenter’s reported observations; past performance does not guarantee future results.