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Last modified by Drunk Monkey on 2021-06-11 13:24
From version 1.1
edited by Drunk Monkey
on 2020-12-09 05:24
Change comment: There is no comment for this version
To version 2.1
edited by Drunk Monkey
on 2021-06-11 13:24
Change comment: There is no comment for this version

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1 -1
2 -00:00:21,180 ~-~-> 00:00:37,320
3 -ICT: Hey, folks, welcome back. Another example for pattern recognition during
4 -Aussie dollar, I want to take you to an old high over here. And we're looking at
1 +(% class="hover min" %)
2 +|1 |00:00:21,180 ~-~-> 00:00:37,320 |ICT: Hey, folks, welcome back. Another example for pattern recognition during Aussie dollar, I want to take you to an old high over here. And we're looking at
3 +|2 |00:00:37,320 ~-~-> 00:00:52,530 |the old high coming in at 7749. So if price is coming down to 7749, when institutional level should have hit first 50, level 7750. So we're going to drop
4 +|3 |00:00:52,530 ~-~-> 00:01:05,010 |our level on that calibrated to 50. Okay, so there's a hard timeframe price level, real simple, short and sweet. Drop down into a 15 minute timeframe.
5 +|4 |00:01:10,770 ~-~-> 00:01:39,600 |Okay, and we're going to highlight the market structure shift. We're here. There's your high that's been violated. Here. Rain there. Okay, soon as as high
6 +|5 |00:01:39,600 ~-~-> 00:01:52,860 |as taken out. This is our impulse price, like I'll do is take our fifth anchor in the lowest body, it could be the open or the close doesn't make a difference,
7 +|6 |00:01:53,190 ~-~-> 00:02:02,820 |whichever is the lowest clicking on air and will drag it up to the highest body. Again, it could be a open or close it's going to be here you can see optimal
8 +|7 |00:02:02,820 ~-~-> 00:02:16,830 |trade entry 70.5 level comes in at 7750 nice mid figure level. Okay, and our old highs our first profit objective, and it's been hit so far. Next upside would be
9 +|8 |00:02:17,010 ~-~-> 00:02:31,230 |target one, target two, and symmetrical price swing respectively. So one more quick example of what it would look like one more time, get a better feel for
10 +|9 |00:02:31,230 ~-~-> 00:02:43,710 |what that looks like. Okay, very, very nice overlapping. That's gonna be it for another quick example for pattern recognition This is doing well let's do this.
11 +|10 |00:02:43,710 ~-~-> 00:02:57,840 |Let's take all this off. And we'll go into our kills and then we'll add the feedback on it guys can see how it overlapping with time of day. lower spine to
12 +|11 |00:02:57,840 ~-~-> 00:03:14,310 |the highest body there so it's this candle in this candles body. Beautiful respect for the 70.5 level. And right there is your trade entry door in the New
13 +|12 |00:03:14,310 ~-~-> 00:03:26,430 |York kill zone. Okay, this is London. This is New York. Okay. Very, very nice run on the by saucer with resting the ball here. And any upside would lead us to
14 +|13 |00:03:26,640 ~-~-> 00:03:49,020 |expect 7795 7010 and then 7830 respectively. Might be a little bit ambitious for 30. But this what we look for going forward, okay. So again, that's the pattern
15 +|14 |00:03:49,020 ~-~-> 00:04:00,210 |is optimal trade entry using a break in market structure right here off of the higher timeframe level. Okay. 7750 was the level right in here. It bounced or
16 +|15 |00:04:00,210 ~-~-> 00:04:13,980 |went lower one more time. broke a structure. High retracement optimal trade entry. During a kill zone. There's your entry stop will be below there. Expand
17 +|16 |00:04:13,980 ~-~-> 00:04:17,880 |expanding up. Okay until next time, wish good luck and good trading.
5 5  
6 -2
7 -00:00:37,320 ~-~-> 00:00:52,530
8 -the old high coming in at 7749. So if price is coming down to 7749, when
9 -institutional level should have hit first 50, level 7750. So we're going to drop
10 -
11 -3
12 -00:00:52,530 ~-~-> 00:01:05,010
13 -our level on that calibrated to 50. Okay, so there's a hard timeframe price
14 -level, real simple, short and sweet. Drop down into a 15 minute timeframe.
15 -
16 -4
17 -00:01:10,770 ~-~-> 00:01:39,600
18 -Okay, and we're going to highlight the market structure shift. We're here.
19 -There's your high that's been violated. Here. Rain there. Okay, soon as as high
20 -
21 -5
22 -00:01:39,600 ~-~-> 00:01:52,860
23 -as taken out. This is our impulse price, like I'll do is take our fifth anchor
24 -in the lowest body, it could be the open or the close doesn't make a difference,
25 -
26 -6
27 -00:01:53,190 ~-~-> 00:02:02,820
28 -whichever is the lowest clicking on air and will drag it up to the highest body.
29 -Again, it could be a open or close it's going to be here you can see optimal
30 -
31 -7
32 -00:02:02,820 ~-~-> 00:02:16,830
33 -trade entry 70.5 level comes in at 7750 nice mid figure level. Okay, and our old
34 -highs our first profit objective, and it's been hit so far. Next upside would be
35 -
36 -8
37 -00:02:17,010 ~-~-> 00:02:31,230
38 -target one, target two, and symmetrical price swing respectively. So one more
39 -quick example of what it would look like one more time, get a better feel for
40 -
41 -9
42 -00:02:31,230 ~-~-> 00:02:43,710
43 -what that looks like. Okay, very, very nice overlapping. That's gonna be it for
44 -another quick example for pattern recognition This is doing well let's do this.
45 -
46 -10
47 -00:02:43,710 ~-~-> 00:02:57,840
48 -Let's take all this off. And we'll go into our kills and then we'll add the
49 -feedback on it guys can see how it overlapping with time of day. lower spine to
50 -
51 -11
52 -00:02:57,840 ~-~-> 00:03:14,310
53 -the highest body there so it's this candle in this candles body. Beautiful
54 -respect for the 70.5 level. And right there is your trade entry door in the New
55 -
56 -12
57 -00:03:14,310 ~-~-> 00:03:26,430
58 -York kill zone. Okay, this is London. This is New York. Okay. Very, very nice
59 -run on the by saucer with resting the ball here. And any upside would lead us to
60 -
61 -13
62 -00:03:26,640 ~-~-> 00:03:49,020
63 -expect 7795 7010 and then 7830 respectively. Might be a little bit ambitious for
64 -30. But this what we look for going forward, okay. So again, that's the pattern
65 -
66 -14
67 -00:03:49,020 ~-~-> 00:04:00,210
68 -is optimal trade entry using a break in market structure right here off of the
69 -higher timeframe level. Okay. 7750 was the level right in here. It bounced or
70 -
71 -15
72 -00:04:00,210 ~-~-> 00:04:13,980
73 -went lower one more time. broke a structure. High retracement optimal trade
74 -entry. During a kill zone. There's your entry stop will be below there. Expand
75 -
76 -16
77 -00:04:13,980 ~-~-> 00:04:17,880
78 -expanding up. Okay until next time, wish good luck and good trading.