It is a Good morning...
Today, I want to teach on the topic of "Conquering Fear Of Being Wrong Vs. Profitable" and desensitizing anxiety over trade entries.
Talk with you later this morning.
"That is a unicorn (FVG inside breaker) one of the strongest algorithmic entry positions ever...especially if you have taken out liquidity on opening price"
Today's PA v Previous references.
Forget fancy entry models and focus on identifying draw on liquidity
Liquidity oscillates from internal > external and vice versa
Frameworks such as AMD / MMXM are merely vessels which carry price to its destination - find your DOL and let price present you the setup
The first step to finding consistency and profitability is forgetting everything you thought you knew about trading. Then lowering your new starting point expectations.
Then you are prepared to learn properly... & without any sense of rushing.
First Step: Mastering YOURSELF.
It is a Good morning...
It is Saturday, the markets are now closed & we reflect on what we learned & how we endured both positive & negative results of our study, trades and tape reading sessions.
Positive self-talk on this day is crucial to optimal development.
Get to it...
You want to build discipline in trading?
(a thread)
You must build your entire life around discipline. You really think you're going to be highly disciplined in one area of your life and not the rest? That's not how this shit works.
It’s Thursday.
Day 19/365.
Don’t worry about what others are doing.
Their journey will have zero impact on your own.
Focus all energy on yourself.
Focus on what will make you take steps towards your goal.
Tunnel vision on your own path and greatness.
Its the only way
Knowing how to enter trades, Order Blocks, Breakers, OTEs, FVGs or whatever... is not enough.
You need to know when the market is not going to lay green in your salad. This was today's lesson.
Was I effective in teaching what I outlined last night?
S&P
MMSM Framework
SMT
-Deep Premium above 8:30 and Midnight NY Opening
-Market takes out Asian High First to Short at Buy Stops Resting above that then off load their short position Buying it at Lower Price which is at a Discount at Asian Low or Sell Stops
I’ve said this many times. Market structure is useless w/out context. Orderblocks, fvgs, etc are absolutely useless w/out context behind them.
This is why I rarely get blindsided by the markets. Everything gyration on the LTF has to be in context of daily delivery
🇦🇺 / 🇺🇸
Keep getting the same question in the replies regarding the formation of the LTF MMXMs in my trades.
In simplicity:
Know your Draw On Liquidity > Let the market show its hand > The retracements to the FVGs / OBs or to run opposing liquidity will form the model.
1:2 🔒
First rule of engagement...
Know your Draw On Liquidity. Where is Price most likely reaching to in Price?
If you can't determine this with a great deal of conviction... it is not high probability and stillness is ideal.
Enjoy peace of mind while we wait...
📚 #ICT Smart Money Technique [Cheat Sheet]
- Used to spot cracks in correlation between correlated assets
- Helps identify the stronger/weaker pair
- Gives an indication of reliable stop hunts
- SMT divergence is stronger on higher timeframes
- MUST be paired with bias