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67-ICT Mentorship Core Content - Month 7 - Short Term Trading Market Maker Manipulation Templates

Last modified by Drunk Monkey on 2022-09-28 11:02
1 00:00:11,790 --> 00:00:20,670 ICT: Welcome back, folks, this is lesson three, short term trading. This lesson is gonna be teaching market maker manipulation templates.
2 00:00:26,580 --> 00:00:39,720 Okay, in lesson two, we went over the weekly profiles, how the market generally unfolds, not every single subtle nuance of price action is covered, obviously.
3 00:00:40,680 --> 00:00:51,150 But the majority of the time, you're gonna find that one of these market profiles will basically classify the price action you've seen, it'll classically
4 00:00:51,150 --> 00:01:01,320 define the weekly profile. If you go through each one of these templates, it'll give you basically the idea of how the market manipulation has taken place,
5 00:01:01,710 --> 00:01:10,890 along with the market profile for that week. So we're gonna be blending the two ideas on why the market does what it does in these individual weekly profiles,
6 00:01:11,430 --> 00:01:20,280 and applying it to a template idea. So you can almost forecast what the market makers are going to be doing in advance based on the conditions currently in the
7 00:01:20,280 --> 00:01:34,530 market that you're trading. Before we get in, to the details of it all, every example here, much like in lesson two, all the charts or diagrams are
8 00:01:34,530 --> 00:01:44,190 represented in and depicted as a 60 minute chart. So the perspective I'm trying to show you is, if you were to go through your charts and open them up in a 60
9 00:01:44,190 --> 00:01:54,540 minute or one hour chart basis, Monday through Friday, this is generally the theme of which you see the market trading. Okay, the first one we're going to
10 00:01:54,540 --> 00:02:04,530 cover is classic Tuesday, low of the week. Now, there's gonna be few instances where we go through a few scenarios, each template, and there's a few they only
11 00:02:04,530 --> 00:02:16,440 have one or two ideas around it. But for the classic Tuesday low the week, which we'll be looking for is a market that is primarily bullish, and the market
12 00:02:16,440 --> 00:02:26,730 trades down on Tuesday into a discount. Now this is going to be in the form of either old monthly, weekly or daily, low to run a liquidity pool. In other
13 00:02:26,730 --> 00:02:37,230 words, it's running out cell stops. Thursday end or going into Friday. But generally you want to look for the highest form for the week by Thursday's New
14 00:02:37,230 --> 00:02:46,860 York session. I can carry over in the Friday a little bit. But in general rule of thumb, just look for Thursday as the lion's portion of the weekly range. And
15 00:02:46,860 --> 00:02:55,110 you're looking forward to trade up into a premium market pdra. Now the key is is you're looking for a timeframe lesser than the discount liquidity pool that you
16 00:02:55,110 --> 00:03:06,390 use to buy off of, for an example, if you bought a monthly liquidity pool, you're gonna be looking for a weekly or daily premium PD array to trade up into
17 00:03:11,580 --> 00:03:21,270 another scenario for the market make a template for classic Tuesday low the week. Again, the market condition is you're bullish. The discount market, you
18 00:03:21,270 --> 00:03:29,610 see the market trade down to an old monthly, weekly or daily high that means the market has already broken out above a historical high or an old high and the
19 00:03:29,610 --> 00:03:42,450 market has now come back and retested that area as support. You'll be looking for this market to trade up into a premium PD array and or a fib extension
20 00:03:42,480 --> 00:03:58,530 combination of 127 or 168 extensions. For every 100% symmetrical price swing or what I classify as a perfect market structure swing you're gonna be looking
21 00:03:58,530 --> 00:04:11,100 forward to trade up to this premium market pdra and overlapping fib in a timeframe lesser than a discount, old high. So in other words, if you're trading
22 00:04:11,550 --> 00:04:22,980 at a weekly high end support in the form of a discount market, you're buying down there as a support idea. If it's the weekly high that you bought, you're
23 00:04:22,980 --> 00:04:36,270 gonna be looking for daily or four hour pdra and an extension of either 127 or 168 or preferably a perfect symmetrical price swing of 100%.
24 00:04:42,720 --> 00:04:51,240 Another scenario for the classic Tuesday low the week we'd be looking for the market to trade down into a discount market and trading into a bullish order
25 00:04:51,240 --> 00:05:01,380 block and this could be either a monthly or weekly and or daily or any combination of overlap of those three timeframes. It can also be a four hour.
26 00:05:02,250 --> 00:05:12,450 Just for sake of space. I didn't have it in here, but you could be trading down to four hour Bush waterblock. And or this can occur as a market has already been
27 00:05:12,450 --> 00:05:24,240 trading higher, and you determine the overall price move may be much significant higher than what you see graphically depicted here in this diagram. In other
28 00:05:24,240 --> 00:05:32,130 words, it could be a multi week scenario where the market could trade higher for more than one week. So if that's the case, you could be seeing the trade trade
29 00:05:32,130 --> 00:05:43,680 down into support or a bullish order block on Tuesday, where you'll see the first swing grade, or it could be happening at the equilibrium price point where
30 00:05:43,860 --> 00:05:54,780 price could be expanding up and seen equal measured move higher, or it could be a third swing grade. Now generally, third swing grades are the halfway point
31 00:05:54,780 --> 00:06:05,490 between the equilibrium and the ultimate objective and your price objective or the for the trade. Generally, you don't see a stop run. In the third swing
32 00:06:05,490 --> 00:06:14,880 grade, right before the the terminus of the price move, you're looking to trade entirely as the profit. Go back to the lessons where we talked about grading the
33 00:06:14,880 --> 00:06:23,850 swings, and you'll see what I'm referring to that third area, or midpoint between equilibrium and your target. Generally, you don't see a stop run there.
34 00:06:24,090 --> 00:06:32,490 But you do get able to order blocks sometimes that you can trade off on this is that type of scenario, we can use this template regard regardless of what
35 00:06:32,730 --> 00:06:44,280 timeframe you use, you'll be looking for to trade up into a premium market pdra And or two extension overlapping of 127 or 168, or a perfect symmetrical price
36 00:06:44,280 --> 00:06:54,660 swing or basically 100% duplication or measured me with a price swing to trade down into the Tuesday low. And you'd be looking forward to trade up into a
37 00:06:54,660 --> 00:07:03,720 timeframe lesser than that of what you used for the bullish order block. So again, if we use a weekly order block, we're gonna be looking for a daily or for
38 00:07:03,720 --> 00:07:14,370 our premium pdra to take our profits at something lining up with price above us in the premium market, but in a timeframe lesser than that which we traded their
39 00:07:14,370 --> 00:07:31,470 entry on. Fair value or a liquidity void also could be an instance where this trade could materialize. Okay, the classic Tuesday high of the week. Okay, the
40 00:07:31,470 --> 00:07:40,200 first scenario we're gonna look at is a market trading up into a premium market can be trading up to an old monthly, weekly or daily high in the form of running
41 00:07:40,200 --> 00:07:51,510 a liquidity pool, and where to buy stops above and on Hi. And we'll be looking to frame the trade with a timeframe lesser than that which we use for the
42 00:07:51,510 --> 00:08:00,870 premium liquidity pool. And we're going to trading down into a discount market PD array, what you'll be framing is, for instance, example would be if you sold
43 00:08:00,870 --> 00:08:16,020 short at a daily high being ran out. For liquidity run on by stops, you could see a for our discount pdra to trade down into as your objective. So it'd be
44 00:08:16,020 --> 00:08:25,800 your weekly range being framed. Another example would be if you were looking for a weekly, high DARIAH buy stops, you'd be looking for a daily or for our
45 00:08:25,920 --> 00:08:33,270 discount market PD array. Again, you're looking for a timeframe lesser than that which you use to trade with. Since we're using monthly, weekly and daily as a
46 00:08:33,270 --> 00:08:41,760 framework, it gives us a great deal of probability that the moves are going to take place. Secondly, we're using a lesser timeframe to take our targets because
47 00:08:41,760 --> 00:08:55,140 we don't want to hold for what would many times take greater than a week to unfold for a move moving off of a monthly or weekly level. Okay, our second
48 00:08:55,140 --> 00:09:03,510 scenario for the classic Tuesday high of The Week, would be the market trading up into a premium market and trading up to an old monthly, weekly or daily low.
49 00:09:03,510 --> 00:09:14,370 That means the markets already broken down out of a measure of market structure or maybe took an old low. Now it's retesting that as some support broken down
50 00:09:14,370 --> 00:09:28,380 resistance. And we'd be looking for a discount market PD array and or fib extension of 127 and 168 and or a perfect symmetrical price swing and a
51 00:09:28,380 --> 00:09:30,960 timeframe lesser than that which we used for the
52 00:09:30,960 --> 00:09:40,680 premium old low. So in other words for an example, we will be looking for the market in a bearish context. We're looking for lower prices overall. The market
53 00:09:40,710 --> 00:09:51,840 opens on Monday trades up into Tuesday, creating the high of the week. But it's retesting a old Monday weekly or daily low. So that daily low whatever it is,
54 00:09:51,840 --> 00:09:59,670 and we're gonna be using that as our means of framing our entry with the expectation that we're going to be selling short. Looking for a discount market
55 00:09:59,670 --> 00:10:11,610 PDF Ray, any timeframe lesser than that, which we used to get short off of. So if we're trading a weekly low as resistance, we can also employ a lower
56 00:10:11,610 --> 00:10:21,090 timeframe, bearish order block or something that effect to get in sync with it. But for instance, if we're using the weekly low, we'd be looking to trade down
57 00:10:21,090 --> 00:10:35,790 to a discount daily or discount for our market PD array, and an overlapping fib extension, converging at the 127 or 168, or a perfect symmetrical price swing.
58 00:10:36,330 --> 00:10:44,040 Now, I'm going to show you examples of what I mean how you anchored the FIB in here and several examples. But just remember the the move up initially in the
59 00:10:44,040 --> 00:10:50,250 beginning of the week, that's your price, when you're gonna be using your fib on you run your projections off of that, and I'll show you what the fulcrum points
60 00:10:50,250 --> 00:11:02,820 are for each one of these. Many times you'll see that the fair value or void that fills in is all that's necessary before the Tuesday highs form backup to
61 00:11:02,820 --> 00:11:19,950 that old, monthly, weekly or daily low. Okay, our next scenario would be again a fair value or liquidity void. And a market moving up into a premium bearish
62 00:11:20,010 --> 00:11:30,180 order block, either a monthly, weekly or daily and or it could be a first swing grade or at equilibrium. Or it could be a third swing grade entry. In other
63 00:11:30,180 --> 00:11:37,890 words, if we're seeing a larger longer term price move going lower. If we graded our swings, we could be looking for this scenario to take place at the first
64 00:11:37,890 --> 00:11:56,370 grade swing equilibrium, or the third swing grade. Discount market PD array or fib extension 127 168 or perfect symmetrical price swing measured move in a
65 00:11:56,370 --> 00:12:04,560 timeframe lesser than the bearish order block we use the trade off off and down. I'll give you an example on this one. The market makers will see the differences
66 00:12:04,560 --> 00:12:13,830 we could gap open lower on Sunday. And then all through Monday, we could trade up through higher and then up into Tuesday, London Open New York open, we could
67 00:12:13,830 --> 00:12:22,890 create the high of the week, we would be in a premium market relative to the weekly range that's just started, we potentially fill in a fair value gap or
68 00:12:22,890 --> 00:12:34,350 liquidity void trading back up to for instance, a daily bearish order block. So if we get to a daily bullish, bearish order block, we could be using a for our
69 00:12:34,350 --> 00:12:45,030 discount market PDE array that overlaps with a 127 or 168, or perfect symmetrical price swing in our fib we're using a timeframe lesser than our
70 00:12:45,300 --> 00:12:53,730 bearish order block entry. In other words, it was daily in this example I gave you, we'd be looking for a for our discount PD rank to take our profits, but it
71 00:12:53,730 --> 00:13:02,490 has to overlap with a projection on that fair value or liquidity void swing that's going up into Tuesday. That's your swing. So you would measure your fib
72 00:13:02,490 --> 00:13:13,020 from that low up to the highest one on Tuesday, and your projections down in the form of 127 or 168. If they overlap and converge with a four hour discount PD
73 00:13:13,020 --> 00:13:21,180 array, then you have your target for the week. And you can define what the weekly range was me. And you hold for the opportunity to unfold until Thursday
74 00:13:21,180 --> 00:13:34,590 and maybe into Friday. Okay, never look at the Wednesday low of the week. Okay, this is a market profile that's bullish. Okay, well generally see the market
75 00:13:34,590 --> 00:13:44,400 show a short term low on Monday, and trading up into Tuesday. And then Tuesday, we'll see a trade lower down into a discount market. And then it could be
76 00:13:44,400 --> 00:13:52,950 trading down into an old monthly, weekly or daily, low for liquidity pool. In other words, running out sell stops. And we're looking for the market trip into
77 00:13:52,950 --> 00:14:02,490 a premium market pdra In a timeframe lesser than the discount liquidity pool that we use to trade off of for long, you'll see this if you familiar with my
78 00:14:02,490 --> 00:14:11,520 old teachings. Many times, this is the framework I use for a reflection pattern. And trust me, I'll go through all these patterns in August when we fill in a lot
79 00:14:11,520 --> 00:14:21,210 of the gaps on things that are just subtle nuances and little extra tips I throw in that don't really have a place always that I can clearly define it where this
80 00:14:21,210 --> 00:14:29,760 always does this or does that there's going to be some quirky things that teach you in August. So that's one of those things I'm also going to apply. But the
81 00:14:31,290 --> 00:14:43,140 the reflection pattern is basically a 127 or 168 extension where it runs out an old Whoa. But it's going to trade down to a discount market. PD array. If it
82 00:14:43,140 --> 00:14:51,390 takes out the sell stops below the lows. We're going to be looking for the market to trade up into Thursday or Friday, preferably Friday into a premium
83 00:14:51,420 --> 00:15:02,730 market PD, right. If we're going to see this occur on a weekly, we're going to be looking for the long on a weekly and it's exceeding our position on a daily
84 00:15:02,730 --> 00:15:17,250 or for our premium market pdra. Their next example for the Wednesday low of the week, we can frame our market with a discount market old, monthly, weekly or
85 00:15:17,250 --> 00:15:24,810 daily high. In other words, we've seen the market trade up, broken out, now it's coming back down. Monday, we started to trade up a little bit and then Tuesday
86 00:15:24,810 --> 00:15:37,410 it traded lower down to the old high. So it could be a monthly high that it returns back down into Wednesday. And we can reframing that with an expectation
87 00:15:37,410 --> 00:15:48,960 of seeing the market rally up into Friday with a premium market pdra And or fib extension of 127 168 or perfect symmetrical price swing in a timeframe lesser
88 00:15:48,960 --> 00:15:59,580 than that which we use for the old high long. So for instance, if we bought a or monthly high retest after it's broken out, we can see the monthly high acting as
89 00:15:59,580 --> 00:16:11,040 support. So our lesser timeframe, PD array for a premium target would be seen either in a weekly daily or four hour. The key is finding where it overlaps with
90 00:16:11,040 --> 00:16:21,660 the 127 and 168. We're not just simply looking for 127 and 168. Extensions, we're doing that also and coupling it with in all these examples with a lesser
91 00:16:21,660 --> 00:16:33,840 timeframe pdra. That's contrary to what we use to enter the trade. Okay, a third example for the Wednesday low the week, we can see the market trade down into
92 00:16:33,840 --> 00:16:43,230 Wednesday into a discount market when the markets generally primarily bullish anyway, and we're gonna trade into a bullish order block and it could be in the
93 00:16:43,230 --> 00:16:52,740 form of a monthly or weekly or daily, or it could be a first swing grade entry. In other words, if we see the market moving higher, much longer term than just
94 00:16:52,740 --> 00:17:02,670 one week. And we're seeing our first retracement back where we can get our long take take a swing trade or a position trade on that it could occur that first
95 00:17:02,820 --> 00:17:11,700 swing grade or it could occur at the equilibrium of the overall price move or halfway point of what you expect to see as overall price target. Work could
96 00:17:11,700 --> 00:17:23,580 occur at the third swing rate nor is one half between where your halfway point or equilibrium is for the trade and the ultimate target. Now when we look at
97 00:17:23,790 --> 00:17:33,660 price swings are targeted and trades, we graduate into four stages. The first stage second stage takes us to equilibrium third stage or third swing grade. And
98 00:17:33,660 --> 00:17:41,880 then the fourth is Terminus where the end of the trade takes effect and that's where your profits are taken at the maximum we expect to see the market move.
99 00:17:42,600 --> 00:17:54,450 This occurs sometimes at the first equilibrium and third swing grade as a potential opportunity. So the market could be this floating around between a
100 00:17:54,480 --> 00:18:03,210 premium and discount market wants on the Monday and Tuesday within Wednesday trades down into a discount level where clearly the hits a order block and now
101 00:18:03,210 --> 00:18:11,730 can be capitalized in sin price higher up in through Thursday into Friday. Whichever you use. In other words, the timeframe you use to go long one,
102 00:18:11,910 --> 00:18:19,230 wherever that both order block is whatever timeframe it is that you use, for instance, could be a daily, we're gonna be looking for a premium market PD array
103 00:18:19,650 --> 00:18:27,810 with an overlapping Fib of 127 168 or symmetrical price swing in a lesser timeframe. In other words, if we seen it on a daily that we bought a butcher
104 00:18:27,810 --> 00:18:40,410 block on on Wednesday, we're looking for the for our premium PD array that overlaps with a 127 168 or perfect symmetrical price swing. The fair value or
105 00:18:40,650 --> 00:18:52,950 liquidity void that run down that price swing is what you use your fibs on to run your extensions for 127 168 or perfect 100% duplication of that price swing
106 00:18:52,950 --> 00:18:54,840 down just projected from the high.
107 00:18:58,350 --> 00:19:07,170 Okay, Wednesday Hi the week is when you're looking for a bearish market environment. Okay, and you have a short term high here, the market will trade up
108 00:19:07,170 --> 00:19:16,920 into a premium market up into an old monthly, weekly or daily high liquidity pool. Well, we're just running out an old high and reframing the idea with a
109 00:19:16,920 --> 00:19:26,730 move down into a discount market PDE array in a timeframe lesser than that which we use for premium liquidity pool. For instance, if we are expecting bearish
110 00:19:26,730 --> 00:19:37,770 prices, and this can occur in an equilibrium area, when a larger price move to you expect maybe from a position Traders Mindset or swing traders mindset. If
111 00:19:37,770 --> 00:19:46,740 you're looking for a move, it's much larger than just just one week. We could be the midway point of that and you'll see a short term high being ran out. This is
112 00:19:46,740 --> 00:19:56,400 a classic stop run. And this is generally what you see on a Wednesday. And if you see it on Sunday, for instance like a weekly the quarter report when he runs
113 00:19:56,400 --> 00:20:10,260 out a weekly high. It takes out those BizStats So we could expect to see a daily or for our discount PD array be our objective for the week. Another example for
114 00:20:10,260 --> 00:20:20,880 Wednesday high of the week, okay, we have a fair value or liquidity void, and then it runs through that for the stops. If we see that and we're overall
115 00:20:20,880 --> 00:20:29,820 bearish this again, we're gonna be looking for this as a scenario where it's a retest to an old low, okay, this could be a return back to a premium market in
116 00:20:29,820 --> 00:20:42,660 front of the old monthly, weekly or daily low. And we're looking for a discount market PD array and or a fib extension of 127 168 and or a perfect symmetrical
117 00:20:42,660 --> 00:20:52,200 price swing in a timeframe lesser than that, which we use for a premium, old low retest. So in other words, if we're looking for a retest back to a monthly low,
118 00:20:53,220 --> 00:21:02,850 if we get short on that monthly low, narrowing down our timeframes down to a smaller timeframe, which we'll learn in April and in May with the shorter
119 00:21:02,850 --> 00:21:13,410 timeframes, but when we use the hourly chart, we can fine tune that to a smaller degree of risk. But we're framing our trade off of the monthly load is being
120 00:21:13,410 --> 00:21:23,250 retested traded button to Wednesday, we're gonna be looking for that opportunity to send us lower if it's monthly that we're looking at that low on Wednesday
121 00:21:23,250 --> 00:21:34,230 itself short from we're gonna be looking for a weekly daily or for our discount PD array that has an extension overlap 127 to 168 or perfect symmetrical price
122 00:21:34,230 --> 00:21:43,320 swing from that low up to Wednesday's high. No, it's Tuesday's low to Wednesday's high that price swing up that's what you're gonna be anchoring your
123 00:21:43,320 --> 00:21:52,110 fib on and the extensions below Tuesday's low would be a projection of 127 160 or perfect symmetrical price swing or that of Tuesday's low the Wednesday's high
124 00:21:52,980 --> 00:22:01,320 that range subtracted from Tuesday's low, there will be a perfect symmetrical price swing, he gets that overlapping with a in this case if we were looking at
125 00:22:01,320 --> 00:22:13,380 a monthly low, we could be looking from a weekly daily or for our discount PD array that overlaps with that. So again, we're blending time and price. In the
126 00:22:13,380 --> 00:22:22,590 last example for Wednesday high the week, we're looking for a fair value or liquidity void price going up into a premium into a bearish order block on a
127 00:22:22,590 --> 00:22:30,360 monthly weekly or daily basis or it can be returned back into our first retracement of an overall larger price swing and it will be the first swing
128 00:22:30,360 --> 00:22:44,610 grade entry or it can occur at equilibrium or it could be a third swing grade entry. Discount market pdra or fib extension preferably both overlapping and 127
129 00:22:44,640 --> 00:22:58,200 or 168 or perfect symmetrical price swing and a typing lesser than that of the bearish order block that we use to trade entry on consolidation Thursday
130 00:22:58,200 --> 00:23:08,190 reversal okay this is a market profile is generally bullish. You'll see this happen where the market opens up on a Sunday and Monday trades sideways on
131 00:23:08,190 --> 00:23:20,190 Monday and Tuesday into Wednesday. And then all of a sudden market trades down on Thursday into a discount market. You've been looking for many times, traders
132 00:23:20,400 --> 00:23:29,430 expecting the market to shoot higher because of bias stops being taken out or will be deemed as a market structure shift bullishly. But we're looking for sell
133 00:23:29,430 --> 00:23:36,750 stuff in a bullish market to be ran out. So when that happens, generally it's going to be like an FOMC or an employment release the FOMC released generally
134 00:23:36,750 --> 00:23:47,880 happens around the two o'clock hour in Eastern Standard Time, New York time, or it could be a New York session employment data release that considered the
135 00:23:47,910 --> 00:23:54,150 market higher based on his false break below. An old low earlier in the week on Monday or Tuesday.
136 00:23:55,980 --> 00:24:04,290 This false break becomes a turtle soup long, and you're looking for the market to trade up into where the weekly buy stops are. This is your liquidity pool,
137 00:24:04,560 --> 00:24:15,030 it's going to trade up into that level as your weekly objective. So your one shot one kill setup would be buying the break below. The weekly low when Monday
138 00:24:15,030 --> 00:24:26,010 or Tuesday running out the cell stops on the heels of either a high impact news event with employment data on the New York session around 830 In the morning,
139 00:24:26,040 --> 00:24:36,570 Eastern Standard Time. Or if you're again, if you just want to play the FOMC announcement once the market drives down, takes their cell stops out. You can
140 00:24:36,570 --> 00:24:45,330 take a very, very, very, very low risk entry and small position. Don't put a lot of money on this type of trade because if it's FOMC you can get really crushed
141 00:24:45,330 --> 00:24:53,250 if it's a lot of whipsaw on it. But if you're gonna be trading FOMC very very small position. Wait for the initial knee jerk reaction. Put your limit order
142 00:24:53,250 --> 00:25:05,340 down below the low. Let's form on Monday and Tuesday. Absorb all those sell stops and look for the buy stops He ran out for the intraday high or running out
143 00:25:05,340 --> 00:25:16,710 the week high in the form of the buy stops liquidity pool. So your one shot one kill would be framed only Thursday going into Friday. So it's really one day's
144 00:25:16,740 --> 00:25:27,150 worth of action that you're waiting for all week. But the scenario looks like this generally. Consolidation Thursday reversal this is when you're looking for
145 00:25:27,150 --> 00:25:36,210 bearish markets. On Thursday, the market trades up into a premium market. Earlier in the week, it'll look like it's taken out sell stuff or market
146 00:25:36,210 --> 00:25:46,020 structure shift is broken to the downside. And then Wednesday into Thursday, you'll see the buy stuff taken they were formed into a week usually FOMC 2pm
147 00:25:46,050 --> 00:25:57,000 Eastern Standard Time or 8:30am. eastern standard time employment release could be the driver for this where the markets driven up to above the intra week high
148 00:25:57,000 --> 00:26:05,820 to take out the buy stops in an overall bearish market environment. And the market causes a false break is the turtle soup short and you'd be looking for
149 00:26:05,820 --> 00:26:18,840 the targeting of the sell stops below the intra week low for your liquidity pool. Okay and consolidation midweek rally. This is a bullish market profile.
150 00:26:19,350 --> 00:26:27,840 And what we generally look for is the market to start off on a Monday, right right from the beginning. And on Tuesday, it'll see retracement down into
151 00:26:27,840 --> 00:26:38,910 Wednesday. And you're gonna be moving back into a discount fair value gap or liquidity void, or bullish order block. So any one of those scenarios could be
152 00:26:38,910 --> 00:26:50,820 your catalyst, but you're looking for a discount pdra. And you're expecting on Wednesday, a high or medium impact news event either in London or in New York
153 00:26:50,820 --> 00:27:04,650 session. Your swing projection or fulcrum point is the intra week high formula Tuesday. Now this could also be a Monday high ticket lower ticket trade up to
154 00:27:04,950 --> 00:27:13,080 creating a short term high on Monday and then trading down Tuesday and into Wednesday. But that's one simple simple caveat to this this template in reverse
155 00:27:13,080 --> 00:27:23,370 for when you're looking for consolidation mid week decline. But you're aiming for a premium PD array either in the form of a monthly weekly or daily and
156 00:27:23,370 --> 00:27:36,630 converging fib extensions and 127 and or 116. What could be a perfect measured swing projection. Now what does that mean swing projection fulcrum is the
157 00:27:36,630 --> 00:27:45,330 highest high at which the market starts to retrace from that's the point what you want to pull your fib down from into where it trades into the order block,
158 00:27:45,480 --> 00:27:53,040 that'll give you your swing projections up into the premium PD arrays. Let's take a look at that what that looks like an example. So we have our high here,
159 00:27:53,280 --> 00:28:01,020 this is going to be our swing point for outcome. And then we're going to take our fib anchor from the high down into the lower block or whatever PD array that
160 00:28:01,020 --> 00:28:14,370 we're using for discount to enter. That's our level, we expect price to move up from two there's our range. What we get then is an extension of 127 and or 168
161 00:28:14,400 --> 00:28:25,230 fib extension which takes us up into the premium market. What we look forward not just a fib of 127 or 168. We're looking for a timeframe lesser than that
162 00:28:25,230 --> 00:28:38,040 which we used to get long on either a bullish order block or bearish order block whatever that timeframe we see forming our entry on on Wednesday, we use a
163 00:28:38,040 --> 00:28:47,100 lesser timeframe to take our profits. But it has to be an overlapping of a premium PD array and a lesser timeframe we used to buy at
164 00:28:48,510 --> 00:29:02,430 the overlaps with 127 and 168. Now the FIB overlap levels are based on the timeframe we enter on. We look for a lower timeframe to see a PD array and a
165 00:29:02,430 --> 00:29:13,530 premium range to overlap with that 127 and 168. When we get those two things, we have a high Confluence level where we have both time and price in a green where
166 00:29:13,920 --> 00:29:24,060 the algo may very easily retrieved for those levels and then that'd be it for the target. Okay, consolidation midweek decline. This is a bearish market
167 00:29:24,060 --> 00:29:35,790 environment. Okay, what we're seeing is on Wednesday, you'll see it could it can occur on Tuesday too, but we're looking for a premium fair value gap or
168 00:29:35,790 --> 00:29:48,960 liquidity void to be filled in or trading up into a bearish order block and high or medium impact news in Wednesday, London Open or New York open and we have a
169 00:29:48,960 --> 00:29:58,080 swing projection fulcrum point and we expect to see the market trade down to a discount PD array in the form of monthly weekly daily and converging fib
170 00:29:58,080 --> 00:30:11,190 extensions in the form of 127 168 and again it could be a perfect symmetrical price swing or 100% measured move so let's take a look at what that looks like
171 00:30:11,190 --> 00:30:21,870 as well in reverse terms of what we just showed for the buy side. Okay, we have our premium, fair value gap and liquidity void and or bearish or walk. Normally
172 00:30:21,870 --> 00:30:33,090 we're looking to sell short, premium PD array in a bearish market environment. We know our low the weak is formed. We've measured that up from our fulcrum
173 00:30:33,090 --> 00:30:46,350 point and we get our 127 extension from that low to Wednesday's high projected down at 127% of the range between Tuesday's low on Wednesdays high and then we
174 00:30:46,350 --> 00:30:55,620 get the 168% of the range of Tuesday's load Wednesday's high and you don't need a Fibonacci over late tool for this. All you have to do is get Wednesday's
175 00:30:55,620 --> 00:31:05,970 highest high and Tuesday's lowest low and or could be Wednesday's low. Okay, but basically you're looking for the lowest low between Monday's opening and
176 00:31:06,060 --> 00:31:15,060 Wednesday when it trades up it's got to be trading up. So wherever the highest highest that forms, your projected blow is whatever the range low is for the
177 00:31:15,060 --> 00:31:28,200 week, up to Wednesday's high that range in terms of pips times that by 1.27. And that'll give you your range that you subtract from Wednesday's high. And you can
178 00:31:28,200 --> 00:31:38,550 do the same thing for the range from the low that we go up to Wednesday's high wherever it is in terms of pips eaten up by 1.68. And you subtract that number
179 00:31:38,550 --> 00:31:51,210 of pips from Wednesday's high and they'll give you your Fibonacci extension low. Okay, so you can destroy bullish Friday. Okay, this is a low probability or
180 00:31:51,210 --> 00:32:00,510 neutral condition, all we're really doing is watching to see if it gives us any favorable outcome. And it's more or less a market environment you want to be
181 00:32:00,540 --> 00:32:10,350 either on the sidelines or just demonstrating just for experience in the market will generally create a small consolidation throughout the week going into
182 00:32:10,350 --> 00:32:26,580 Thursday, we have a liquidity pool, sell stops that swarms in intra week. Higher medium impact news on Thursday. Usually, it's tight. Like I said, it's either
183 00:32:26,580 --> 00:32:43,320 FOMC or employment decision. And we're going to be anticipating the Sell Stop rate below the lows of the week. Intra week buy stocks will be determined. And
184 00:32:43,320 --> 00:32:51,000 the liquidity run to a daily or weekly premium pdra would be the result. In other words, we're not going to be looking just for a intra week run on buy
185 00:32:51,000 --> 00:33:03,060 stops, we're gonna be looking for a run completely above all of the intra week highs to liquidity run on daily or weekly premium PD arrays. So in other words,
186 00:33:03,060 --> 00:33:11,640 we're going to be creating a new weekly range high in a level that hadn't been traded for so far for that week, and is going to move aggressively and very
187 00:33:11,640 --> 00:33:22,260 speedily to that level. Now, this market environment can occur when the markets bullish, but it also can occur when the markets bearish. If the market trades
188 00:33:22,260 --> 00:33:32,280 down below, in old low or breaks out on a higher timeframe, but fails to have any movement lower. We can get a Thursday high impact immediate impact news
189 00:33:32,280 --> 00:33:38,910 event or interest rate environment that sends us aggressively higher in this environment for this market profile.
190 00:33:40,020 --> 00:33:46,410 This is one of the hardest ones to trade. And if you see the market is consolidating back and forth taken by stocks and cell sites throughout the week,
191 00:33:46,770 --> 00:33:56,190 it's probably better for you to just sit on your hands and don't trade anymore. Because the chances are you're getting this right or not 5050 in if you're
192 00:33:56,190 --> 00:34:06,270 wrong, it can really blow through whatever your stop loss is if especially if it's FOMC. Or if it's well, it would just have to be something along with the
193 00:34:06,270 --> 00:34:15,840 monetary policy once it gets up to a daily or weekly premium PD array. What we're looking for there is we want to see possibly a potential reversal. So what
194 00:34:15,840 --> 00:34:24,540 we're doing is why is this template useful? That is your answer. You're waiting for it to get up to a daily or weekly premium PD array. Once it does that we are
195 00:34:24,540 --> 00:34:36,510 expecting a reversal Okay, so you can destroy bearish Friday. Again, this is a neutral low probability profile and market manipulation template. What we're
196 00:34:36,510 --> 00:34:45,030 looking for is the outcome of this we're not looking to trade it. So we're looking for the market to create a consolidation Monday through Wednesday and
197 00:34:45,030 --> 00:34:58,170 then building a liquidity port by stops intra week and on Thursday. We anticipate that market to be taken up to that level taken out to buy stops and a
198 00:34:58,170 --> 00:35:06,690 run on high end or medium impact news usually is the catalyst for that. We're anticipating the buy stop read, and the market will run the entire week sell
199 00:35:06,690 --> 00:35:18,090 stops, and ultimately target a liquidity run to a daily and or weekly discount pdra. Again, we're not looking to trade this, we're looking for it to unfold.
200 00:35:18,420 --> 00:35:28,680 Usually when the markets are in consolidation Monday, Tuesday and Wednesday ends usually, like a employment number, or it's a FOMC type event. That type of
201 00:35:29,700 --> 00:35:40,050 market driver that's released later on in the week, the second half of the week, post Wednesday, New York open, we're looking for the market to run to a higher
202 00:35:40,050 --> 00:35:49,140 timeframe. pdra Okay, and if we see the run by stops in a week, and they think it lower what we're gonna be watching for that, not that we're trying to trade
203 00:35:49,140 --> 00:35:57,450 it, we're looking for to trade down into a higher timeframe daily or weekly discount pdra. When that happens, what we're looking for is a potential
204 00:35:57,450 --> 00:36:10,320 reversal. Okay, Wednesday, weekly reversal. Now, this is not the same as the Wednesday load a week template that we're given into, towards the front of the
205 00:36:11,220 --> 00:36:23,970 presentation. So it's a little bit slight, slightly different. We're looking for an old low for retail support. And high or medium impact news drives price down
206 00:36:23,970 --> 00:36:33,810 below that. And it is generally on a higher timeframe basis that we see these types of moves taking place in which we're running a weekly monthly level, or
207 00:36:33,810 --> 00:36:43,590 support level out. And it's on the heels of higher medium impact news. And then once it dries down below that the market discounts that news and reverses. What
208 00:36:43,590 --> 00:36:52,320 we're looking for is a Fibonacci extension of 127 or 168, or even a perfect symmetrical price swing, but generally it's usually at 127 or 168. Extension,
209 00:36:52,740 --> 00:37:07,230 from the old low retail support, rally up into Tuesday's high, project that down, that'll give us some measure of extension. The market usually will find
210 00:37:07,230 --> 00:37:17,940 its way down into a monthly, weekly or daily discount array. And we'll be using the swing projection fulcrum point to project up to a 127 or 168 extension and
211 00:37:17,940 --> 00:37:30,450 overlapping of a weekly or daily premium PD array. And lastly, the Wednesday weekly reversal when the market is bearish, okay, we're looking for old high or
212 00:37:30,450 --> 00:37:39,390 retail resistance, tired medium impact news runs it above it, and then the market rejects or discounts that news event. And it takes us up into a Fibonacci
213 00:37:39,390 --> 00:37:49,680 one extent 127 or 168, extension, and a monthly, weekly or daily premium array, which we're looking for something up here to align with that 127 168 extension.
214 00:37:50,520 --> 00:37:58,920 And in the market, we'll look to move below the swing projection fulcrum point down into a weekly or daily discount PD array overlapping with a Fibonacci
215 00:37:58,950 --> 00:38:11,760 extension of 127 or 168. Now what I gave you is basically the playbook that I use, when I go about trying to find my one shot one kills the weekly range,
216 00:38:11,820 --> 00:38:20,280 you'll find it generally will be one of these templates. Okay, and while it probably looks like a whole lot, okay, it's a handful of them. But you're
217 00:38:20,280 --> 00:38:25,890 already going to know if you're gonna be bullish or bearish based on the higher timeframe information that we taught in January.
218 00:38:27,150 --> 00:38:37,050 So if we're looking for information to lead to bullish or bearish ideas, if we have that limited to okay, we want to be bullish, we go to our profiles that are
219 00:38:37,080 --> 00:38:46,110 bullish, and we start looking for telltale signs or characteristics that are given to you in these slides. And that was taught in the second lease lesson of
220 00:38:46,230 --> 00:38:54,660 this month. By blending that, and also looking for the manipulation factor that takes place how the market makers manipulate price within these market profiles,
221 00:38:54,900 --> 00:39:06,330 you're gonna see that it's pretty much almost like to script. Now, the key is, is once you identify it, the moves that transpire on Tuesday and Wednesday, you
222 00:39:06,330 --> 00:39:14,370 may not get the actual highest highest short from or the lowest low to buy from and that's not important. Once we have the range defined, and we see the
223 00:39:14,370 --> 00:39:23,190 characteristics to line, a potential direction going into Friday's close. That in itself can be your one shot one kill. So you can look for opportunities on
224 00:39:23,190 --> 00:39:30,840 the back end of the week, not necessarily having demanding an entry on Tuesday or Wednesday because I teach Tuesday and Wednesday generally will give you the
225 00:39:30,840 --> 00:39:39,330 higher low of the week if it's a bullish or bearish perspective, a market that's not necessary. one shot one kill is you're looking for one setup to pay you your
226 00:39:39,330 --> 00:39:47,610 weekly objective. My objective is usually 50 to 75 pips a week. So if I'm looking for something's going to frame that, that type of move. I'm generally
227 00:39:47,610 --> 00:39:54,330 going to be using these manipulation templates to frame the idea whether I'm bullish or bearish, and I'm looking for characteristics to line up if they don't
228 00:39:54,330 --> 00:40:02,430 line up with what's been described in lesson two in this lesson here in lesson three. If those characteristics are be obvious or in alignment, then I'm
229 00:40:02,430 --> 00:40:09,720 generally going to sit on my hands and either day trade or scalp or do nothing. But for one shot one kill setups. This is kind of like my playbook. And when I
230 00:40:09,720 --> 00:40:15,510 go to so while it's going to take some study on your part to go through and convince yourself that these are the templates of how the market actually
231 00:40:15,510 --> 00:40:26,580 operates, just pick a pair, just pick any individual pair, go through a period of, I don't know, three to four months, using an hourly chart, and go back and
232 00:40:26,580 --> 00:40:35,310 see what each weekly profile looked like and how the manipulation took place that made that weekly range form as it did. And you'll see that many times
233 00:40:35,310 --> 00:40:42,570 you're gonna see that this is this is the profile and template they use to manipulate price. And you also see how it's easy to get to those profit
234 00:40:42,570 --> 00:40:51,270 objectives that you don't otherwise think of by using the lesser timeframe that we use for our entry. So until next lesson, I wish you good luck and good
235 00:40:51,270 --> 00:40:51,600 trading