ES Morning Shorts From Last Nights IdeaGood Afternoon everyone,
I will show in depth order entries in this post, read the updates to see.
This idea was formed last night around 10PM NY Time. I originally was hoping to trade up into the most recent Order Block (green path arrow) during the London session and end at the Terminus -4 around 8:00AM NY time. I then would've liked to see accumulations followed by a Turtle Soup or sweep of that low at the Terminus -4 during market open. I wanted to take countertrend longs in that area into the Order Block resting above the Liquidity Void, this move is denoted by the orange path arrow.
However we ended up going straight to Terminus -4 during London and we rallied above Asia accumulation into the Bearish Order Block sitting right above (green path arrow). We took shorts from this area and we were looking to target the Sellside Liquidity below to complete our MMSM (Market Maker Sell Model) on the 15M chart. We were able able to bank 2.1% off the move just by taking profits at the short term low 4507.5 and holding a few more contracts to a slightly lower price once we noticed price wasn't wanting to break the low at the Terminus -4 just yet. The Sellside Liquidity is still a viable target, we have just been choppy since right after open so taking profits is worth the time spent waiting for price.
Hopefully this was more insightful on how to form an idea for the next trading day. I will commit to making more informational posts like this. Please read the updates for a 5M look at the entries and a reference to the MMSM.
Fvg
Unlocking the Secrets of Price Inefficiency: Dive Deep into FVG👑Price inefficiencies are also known as imbalances, gaps or voids. Healthy price action moves in a zigzag fashion, making highs and lows in line with the directional bias at any given moment. When price isn’t trending we find it consolidates, in which case highs lows are still being made. However, we may also see price move in straight lines with huge volume and momentum. When this happens, price finds itself unable to deliver price in an efficient manner. For example, in a bullish environment, price may continue to make higher highs without providing higher lows at a discount price. When price moves with this much momentum, it leaves behind imbalances.
🟠An imbalance can be identified by open space in price action, where the wicks on either side of a candle do not match each other. On the left is an example of price inefficiency, since the wick high of candle 1 does not meet the wick low of candle 3, leading to an imbalance on candle 2.
🟠This is an example of healthy price action with no imbalances. This is because all candles have wicks on either side of them. Since wicks were bodies during live price action and are bodies on lower time frames, this shows that price was delivered efficiently to buyers and sellers in this area. Whereas the example above shows an imbalance on a bullish candle, which shows that price was only available to buyers in that imbalance and therefore is not efficient.
👉For price to be efficient, it needs to be delivered to buyers and sellers. This helps us understand that in our original bullish imbalance, price has to come back and fill that imbalance using bearish price action in order to make that price available to sellers. This re-balancing could take hours, days, weeks or years, but it is our job to understand that it must happen at some point. Inline with the rest of the strategy, we can use this knowledge to pick out the specific imbalances that will be filled and how we can capitalise on this.
🟠This is an example of the correctly identified imbalance and where we expect price to react from
🟠This is an example when is our level being met, it is at this point that we use the rest of the strategy and knowledge to capitalise on the move that is about to unfold with high risk:reward entries.
🟠This is the completion of this particular market cycle, with our level being respected and price giving us a nice bullish leg.
🔴Bearish Order Flow:
🟢Bullish Order Flow:
Fair Value Gap Strategy (FVG): GBPUSD 7.32x Reward TradeCheck out this 7.32RR trade I took today on GBPUSD.
OANDA:GBPUSD
Trade Process:
Daily is bullish with FVG serving as draw on liquidity.
1HR: Took out Sellside liquidity left with BuySide liquidity to take out.
15M: London Session open took out 15M sellside liquidity with high probability of taking out Buyside liquidity.
Entry: I used my fib to locate OTE at the FVG which is where i placed my buy limit.
Price retraced to pick my order and fly high to take out the buyide liquidity and the daily FVG.
A loss for me a lesson for you- Trading a bearish FVGReview this first to see the fair value gap:
(1)Trades inside the -FVG
(2) Rejects -FVG(MT)
(3) Holds -FVG(L)
Note: This is a high probability sign for moves higher, price trades inside the 4H-FVG. Once price is inside, the price trades to the 4H-FVG(MT) and trades back down to the 4H-FVG(L) and price holds for a continuation inside.
(4) Prices trades through -FVG(MT)
(5) Trades and rejects the -FVG(H) and -OB
Note: This is where, and only where I should have entered for the sells that I attempted near the midpoint. We had already traded pass 4H-FVG(MT). After the failed entry, you should wait for price to reach the 4H-FVG(H) and in this case the -OB as well.
ICT Power of 3 & Afternoon Session 2022 Mentorship ModelHere is a good example of power of 3 and how to trade the afternoon model according to ICT. Of course this is not to the tee, as I would not have traded the afternoon session until 1:30 if I followed it exactly. Nonetheless, nice profits and I hope this was helpful!
You Should Know Importance of Asian Range! Asian Range is very important when we want to talk about liquidity concepts in general.. Most importantly, Liquidity Grab ..
First have a daily bias .. then use Asian Range's high and low to determine sellside/buyside liquidity.. Wait for London Open Killzone and search for a FVG ..
Let me know your thoughts in comments 🤠
Asian Range | Liquidity Trap | FVG & London OpenHey folks I hope you're all good and making some good untraditional profits 😉
Here is a model that you will find few days every trading week!
{Terms used in this Idea}
Asian Range:
a time span from 19:00 to 00:00 NY Time that forms every day except for Mondays.. Usually price taking of Asian Range's high or low means liquidity is taken and price "could" reverse short-term if that agrees with our daily bias..
London Open:
Time span from 02:00 to 05:00 NY Time when the market is very acrive. Price usually forms high or low of day during London Open..
FVG:
Fair value gab is a gab that forms between two candles separated by a third candle forming the gab (blue-shaded boxes on chart)
If you found that useful give it a ♥️LIKE♥️
💙Thank You💙
Glad to hear from you in comments✍️
New York Open Killzone Explained | Real Trading Concepts8:30 in the morning NY Time is what your eyes
👁️👁️ should be on. This time of day unleashes huge volatility in the market that you can take advantage of if you know how to benefit from it.
Price at this time likes to entrap a lot of retailers to revers against them and take stoplosses.. Every day at this time..A Lot of news, a lot of volatility, and clear direction and price movements..
Don't Forget to LIKE ♥️ and make sure to FOLLOW if you want useful ideas straight to your email👌
Let me know your opinions in comments 😉
London Open Killzone Liquidity Build and FVG Hello Traders! What I shared with you happens on most days of the week and is a super easy way to get trdaes that are highly probable..
London Open Killzone time is: from 3:00 AM to 5:00 AM New York Time.. (though it could extend a bit further)..
What we should be looking for is this scenario:
We have a clear liquidity area..(single or double lows/relative equal lows) and time is London Open Killzone and we have reached liquidity area.. on this case we expect price to reverse and we look for a confirmation (in this case a "Fair Valie Gab")..
Note that:
I recommend using 15-min chart to spot liquidity area and for looking at how price is performing..
And once we get into a liquid area, we should go lower (5-min_1-min) charts to look for FVG..
Hope you find this helpful 😃
Let me know your thoughts in comments I would be happy..
Be Well All!
SPX bullish FVG example with pendings4H+FVG entry (pending order)
Entry at the high, middle, and low with risk on each set 0.25% for the high, 0.50% at the middle and 1.0% at the low.
Initial stop loss below the candle that created the FVG or below the last swing low. In this case I used the FVG candle low.
If the high failed to be taken out, close partials, make sure stop is in profit or BE, and look for the middle and low entry execution as long as news doesn't impacts price action.
High taken out with an impulse candle.
Low made within a bullish point of interest in the form of a fair value gap.
-FVG Example This candle creates the -FVG high. Use the low of this candle and extend out.
This candle breaks market structure to the downside in the form of an impulse candle, bearish engulfing.
The high of the candle following the engulfing candle sets the low of the -FVG and the candle should not trade back above through the candle high that created the lo.
You can look for setups at the -FVG high @3716.70, middle @3713.70 and low @3710.70.
Smart Money Manipulation 🥊Alkaline is back baby! 💣
As smart money concepts gain popularity, liquidity increases.
I have taken a month away from trading to study the new forms of market manipulation and have been pleasantly surprised by what I have found.
Here is my discovery:
1) The market is currently focusing on taking liquidity from breakeven positions over fixed stop losses.
This is because emotional traders put their stops to BE quickly to avoid pain, especially during indecisive markets.
2) Order blocks are the perfect manipulation areas.
If you take time out to backtest significant order blocks, you will notice price will tap and lure or simply sweep above/below the zone before going in the intended direction.
3) That tight stop loss you are using is doing more damage than good.
Scale into your positions, trust me when I say this will reduce your emotions and give you a more relaxed trading style.
4) Use your brain, even if you are in denial.
If the majority of traders lose money, and the majority of traders now use smart money concepts, do the maths.
It feels good to be back after a long month of studying, I have lots of new things to teach and share.
I will be taking on new students shortly, have a great weekend everyone 👋
What is FVG and why is it important?FVG = FAIR VALUE GAP
An area that offers price inefficiencies
Simply put, when there are more sellers than buyers it sometimes causes a void in the price action that we call it FVG or Fair Value Gap.
You can simply identify these areas on the chart just by finding deserted candles that have no trading history around them.
These value gaps are like errors in the market, price always tends to back to those areas and fill the gap with some more trades.
So if you see a sell-off/bullish impulse on the market, try to find The FVG and mark it as the potential target for the price to jump back there whenever the trend starts to shift.
leave a like or comment if you find this information useful ;)
THE ICT BREAKER!hello, so you want a model that will get you profits? LOOK NO FURTHER!!!!
this is the ICT BREAKER, this mode (and other confluences) is ALL, YOU, NEED.
if you confluence the BREAKER with...
- BMS
- OTE
- PREM /DISC RANGE
- INTERNAL LIQUIDITY
WHAT. MORE. COULD. YOU. WANT.
what is labelled, as the purple box, THAT IS YOUR BREAKER BLOCK, YOU TRADE IN HERE WITH THE RIGHT FRAMEWORK AND CONFLUENCES.
ICT IMBALANCE / FVG / LIQUIDITY VOIDLiquidity void, Fair Value Gap, Imbalance... These terms are interchangeable.
As a Charter Member ill tell you what I've shown here, is a basic depiction, as I got asked a question on what is an imbalance?
An imbalance, is an imbalance in price, where price has NOT efficiently delivered orders in the market, price will like to revisit these areas, of imbalance, as seen here. The diagram on the left depicts the ideal model of what an imbalance is, the chart on the right is an in time example.
if you notice one of these getting filled, at a place where you are bearish/bullish... well.... there is your trade!
EDUCATIONAL POST (FVG - Fair Value Gap)EDUCATIONAL POST: (FVG - Fair value Gap) 📊📈
Let's take some time to explain a trading term I often use in my TA. 🤓
FVG - or Fair Value Gap (= inefficiency, void...)
👉 What they mean by that is an area of the chart where the price moved past in just 1 single candle, meaning the candle before + after haven't touched this area.
👉 This is how such a gap is formed.
👉 This gap frequently works as a magnet for the future price, indicating a CONTINUATION (bullish —> bounce, bearish —> drop)
NOTE: this is the strongest on the first touch it does, after that it's power deminishes and price often moves back through it.
EXAMPLE: (bullish) price moves up fast and creates a FVG. This area will act as a bounce area for when the price drops back down to this, before continuing higher. I've added a theoretical + $BTC example. (scroll back to see it on the chart)
Hope you learned something. 👌
Oli 🤙