Igor Sessions were crafted in-house by Coach Igor.
While similar to TPO Charts, they are traded differently.
Lead Analyst Daniel prefers to trade Igor Sessions using the Naked Session Point Of Control (nsPOC) from the previous session.
REMINDER: There are 4 sessions in one trading day.
That being said, you will need to complete Foot Print, Volume, and the prior TPO lessons before you revise these tutorials.
Igor Sessions and Templates are great for spotting trapped and/or resting liquidity.
This technique is favourable towards Day Traders, though they can be helpful for swing traders on the lower time frames such as; 4HR and 1HR.
The Igor templates are updated when required and can be found pinned in the Contenders section, as well as the Template section here.
At the time of recording this lesson, this strategy had an 86% win rate when combining the nsPOC from the previous session, with at least 1 other strong factor of confluence.
Time Stamps
1:57 – IGOR SESSION
- Igor sessions are taken from ‘Igor Time’ theory (in pt. 2)
- Igor sessions are similar to TPO charts but Daniel trades them differently
- They are primarily used by day traders (though swing traders can find them helpful)
- Daniel likes to use the nsPOC of the previous session (as the level to be aware of)
- From Daniel’s statistics, if you have one other strong factor of confluence with the nsPOC from the previous session, there is an 86% win rate.
- The reason for this is the last session leaves ‘trapped traders’ and traders like himself using it to scalp trade from
- Igor sessions can be used on the HTF in the same way as we trade nPOC on the daily
- The reason Daniel prefers them on the LTF is because they provide amazing scalps from the previous session liquidity. That said, if a nsPOC is left on the HTF it is still something to be noted down
- It happens quite often that the price is trading between two nsPOCs
- Daniel would never trade nsPOC alone, there has to be a confluence
- One of his favourite set-ups in intraday are a nsPOC onto the VWAP when the nsPOC is also a SFP type of set-up
- A double session POC with a nsPOC is a very strong level (the more POC there are at a certain level, the stronger the level)
- We can still merge profiles together in the Igor sessions
- Daniel only likes to really merge Igor sessions together when the POCs are overlapping each other
- As Igor sessions are used primarily for day traders it is helpful when trading a trending day
- On a trending day, you should see the POC of each session rise and act as support. When the POC of the previous session is lost, it is a good sign that the trending day is over. It signifies weakness of the trend and price is likely to either consolidate in a range or retrace lower
- NOTE: Igor Time is highly influential (in pt. 2)
30:18 – Q&A
- In this strategy volume is more relevant to be aware of – there are four sessions and you are looking for the trapped traders in the previous session not where the most time was spent
- Daniel does not have a set period of how long the nsPOCs are valid for but he would not go back more than 2 weeks (usually just up to 7 days)
- Daniel solely trades of nsPOCs, not VAs or IBs at the moment (it may change)
50:22 – SUMMARY