The A-M-D framework breaks down daily price action into three phases: Accumulation at market open, Manipulation where a deceptive breakout traps traders, and Distribution when the real move happens. When London pushes price below the opening range to stop out longs, then New York reverses sharply upward, you get a Fair Value Gap to trade. Enter the pullback into that gap, stop below it, target the liquidity pool above.
A-M-D. The only 3 letters standing between you and reading every chart correctly. Every trading day moves through 3 phases. Accumulation is the range that builds at the open. Manipulation is the false break that traps traders on the wrong side. Distribution is the real move that follows. Here is what it looks like on a real chart. Price opens and consolidates for the first hour. No real direction. Then London pushes price below the range low, stopping out every long and pulling in short sellers. That move was a trap. New York opens and price reverses hard to the upside. The displacement candle leaves behind a fair value gap, a gap in price where no trading happened because the move was so fast. Price pulled back into that gap. That is your entry. Stop goes below the gap. Target is the liquidity resting above.
