concepts standing the test of time
• daily profile
• weekly profile
• power of three
• market maker models
• premium and discount
• high-timeframe framework
• liquidity, order block, fair value gap
Why do we sit still ahead of news drivers?
Consider how holiday shopping influences the daft. They will rush out, right before the stores open, just to overspend on things they don't need to impress people they don't like.
High impact news invites this effect in trading...
ICT 2021 MENTORSHIP 💎
THEY MAY ONLY HAVE 1 LEVEL OF DISTRIBUTION
BUT ON THE MARKET MAKER BUY MODEL THERE IS ALWAYS GOING TO BE AT LEAST 2 RE-ACCUMULATIONS
WHY?
THIS IS SO INTERBANK TRADERS CANT MISS IT
IT'S LAID ON A SILVER PLATER
NEON SIGN
🏴☠️
If you’re gonna trade a TGIF, always always, select the leadership pair.
DXY was very bearish, UCAD wasn’t. What does that mean for a reversal play if any presented? I warned you about this all week. Yet you still went looking for GU and EU sells
how to frame a weekly reversal:
1 • day of week within a profile,
time
2 • high-timeframe PD array,
price
3 • change in state of delivery,
confirmation
the moment order flow shifts,
anticipate ≥H1 PD arrays to deliver the draw
that is intra-week bias simplified
💎 ICT GEM OF THE DAY 💎
How to use the economic calendar as a roadmap going into every new week:
We are interested in only the pairs and days of the week with high impact (red folder) news events. This is an indication of which days could be accumulation, manipulation, and distribution, and is how we can anticipate the weekly profile and power of 3.
Avoiding days without red folder news allows you to bypass low probability conditions, tilt the odds in your favor, and position yourself for distribution (expansion days).
That being said, based on this week’s economic calendar, what do you expect?
[weekly profile]
this day, price should do (x)
[market session]
this time window, price should do (x)
[high-impact news]
volatility will be injected at (x)
•
[intraday time drivers]
high-impact news
(use the economic calendar)
market sessions
3:00 - (5:00)
9:30 - (12:00)
13:00 - (16:00)
•
[assuming daily candle expectation]
london large range expansion :
PM session participation
london consolidation :
AM session manipulation to expansion
london reversal :
AM session retracement to expansion
high-impact news :
overrides all market sessions, avoid trading prior, look for manipulation and displacement upon release
•
what more could you need from time and price?
it’s an entire intraday framework
3 volumes of the weekly profile guide complete,
planning to compile them together soon
• organize the content
• add reason for avoiding certain profiles
• include weekly protocol
• extra resources
full guide to daily bias,
all in one place
next week?
How To Trade A Consolidation Market Profile... ✍️
Split the consolidation range into 4 quadrants:
Longs at or below 25%
Shorts at or above 75%
Use a Turtle Soup or OB to frame an entry.
(i personally do not like to use FVGs to frame a trade in this market profile).
{repost}
Per my System Stats
Risking .50% Per Trade = 2% Per Week:
Per Month:
20k ----> $1,600
50k ----> $4,000
100k ---> $8,000
300k ---> $24,000
500k ---> $40,000 Per Month
$1m ---> $80,000 Per Month
$1.6m -> $128,000 Per Month
$2m ---> $160,000 Per Month
the freedom aspect of trading comes from understanding market conditions
when is your model likely to be offered,
when is your model unlikely to be offered
many times you don’t even need to open a chart
•
using this week as an example,
what do we know?
[1] previous week significantly expansive
• potential high-resistance
[2] short week due to monday holiday
• unfavorable weekly profile
[3] non-farm payroll friday
• NFP week protocol
this does not outline high-probability conditions
•
1st step is identifying the criteria
2nd step is respecting the criteria while being satisfied with any result
in the world of playing probabilities,
there will be times when things play out against your expectations
when this occurs,
it is not a call to participation
forcing yourself into the market when the criteria are not met will build bad habits
you must be comfortable watching the market move without you at times,
because it will happen
•
active time on charts searching for a trade is not always a positive return
take from the market as it allows,
and enjoy the freedom when it is unfavorable