Sunday Opening Price Filter
Also: Weekly Opening Price Filter, Sunday Open, Weekly Open Filter, Opening Price Bias Filter
A weekly directional bias framework that uses the Sunday opening price (or Monday opening price if the broker does not provide Sunday candles) as a reference level drawn across the hourly chart from Sunday through Thursday. If bearish, price is expected to trade above this level early in the week as a Judas swing and then decline below it, remaining below the Sunday open for the rest of the week as a signal to sell short in London and continue in New York. If bullish, price is expected to trade below this level early in the week as a Judas swing and then rally above it, remaining above the Sunday open for the rest of the week as a signal to buy in London and continue in New York. The filter is maintained until a higher-timeframe opposing PD array is hit or until Thursday, when the weekly range is typically complete.
Identification5
- Note the opening price at Sunday's first candle (or Monday's open if no Sunday data)
- Draw this price level horizontally on the hourly chart from Sunday through Thursday
- [object Object]
- Bearish week filter: look for price to trade above the Sunday open early in the week (Monday/Tuesday) — this is the Judas swing. Once price returns below Sunday open, continue selling short each day in London and continuation in New York as long as price stays below Sunday open
- Bullish week filter: look for price to trade below the Sunday open early in the week — this is the Judas swing. Once price rallies above Sunday open, continue buying long each day in London and continuation in New York as long as price stays above Sunday open
Entry3
- Bearish: sell short each day in London as long as intraday high is below Sunday's opening price
- Bullish: buy long each day in London as long as intraday low is above Sunday's opening price
- The filter provides directional context; actual entry requires London Kill Zone profile confirmation (normal or delayed protraction)
Target2
- Next higher-timeframe opposing PD array in the direction of the weekly bias
- [object Object]
Invalidation5
- Bearish filter invalidated: price trades back above Sunday open on Thursday → likely intra-week reversal → transition to bullish bias for Friday or following week
- Bullish filter invalidated: price trades below Sunday open on Thursday → likely intra-week reversal → transition to bearish bias for Friday or following week
- A higher-timeframe discount PD array is hit while bearish — this becomes the caution signal that intra-week reversal is possible; stop selling into discount arrays
- A higher-timeframe premium PD array is hit while bullish — this becomes the caution signal; stop buying into premium arrays
- The filter is overridden when a daily chart discount (bullish filter active) or premium (bearish filter active) higher-timeframe contrarian PD array is traded to
Inferred Conditions (Unvalidated)
- Brokers without Sunday candles should use Monday opening — the result will be nearly the same
- The filter does NOT mean mechanically selling/buying just because price is above/below the Sunday open — PD arrays must still be respected
- The intra-week reversal confirmation on Thursday (price crossing back through Sunday open) is the signal that the OSOK or swing trader should begin looking for the opposite direction the following week
- Five potential day-trade setups exist per week (Monday–Friday); practically, nine setups across the week are "pretty much solid"
- Monday London setups are not rushed unless there was a large Frankfurt/Asia range overnight
ICT Quotes
"The weekly range framework cable we look for is on Sunday, we determined a new trading week's opening price. Now this will aid us in intra week with day trade directional bias to work with."
"as long as price is lower than this Sunday opening price each day of the week. We look to sell short in all of our day trades. The caveat is until a higher timeframe PD Ray That's contrary to how our trade is unfolding. is traded to"
"if price were to trade back above the opening price on Sunday during Thursday's trading, we've probably turned the corner we had a major intra week reversal. And that many times indicates a longer term one shot one kill bullish"
"no problem, just use your opening on Monday, it's not that big of a deal, it's still going to come to the same consensus anyway, just relax."
Timeframes
Version History1 version
73-ICT Mentorship Core Content - Month 8 - Essentials To ICT Daytrading.srt
""The weekly range framework cable we look for is on Sunday, we determined a new trading week's opening price. Now this will aid us in intra week with day trade directional bias to work with.""
Formal introduction of the Sunday Opening Price as a weekly directional bias filter for day trading
Notes
The Sunday Opening Price Filter works in concert with the OSOK model's weekly profile templates. The filter is drawn on an hourly chart and extended to Thursday — not Friday — because a Thursday reversal through the Sunday open is the intra-week reversal signal. This concept also provides the bridge between the weekly directional bias and the daily day-trade decisions: every day the trader asks "is price above or below Sunday's open?" and uses that as the starting point for their session bias before applying London killzone profile filters.
Asymmetry Notes
Symmetrical — same reference logic applies for bullish and bearish weeks, with inverse conditions.