Afrikaans
Akan
Albanian
Amharic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Ewe
Faroese
Filipino
Finnish
French
Frisian
Ga
Galician
Georgian
German
Greek
Guarani
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Interlingua
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kurdish (Soranรฎ)
Kyrgyz
Laothian
Latin
Latvian
Lingala
Lithuanian
Lozi
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Nigerian Pidgin
Northern Sotho
Norwegian
Norwegian (Nynorsk)
Occitan
Oriya
Oromo
Pashto
Persian
Polish
Portuguese (Brazil)
Portuguese (Portugal)
Punjabi
Quechua
Romanian
Romansh
Runyakitara
Russian
Samoan
Scots Gaelic
Serbian
Serbo-Croatian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Spanish (Latin American)
Sundanese
Swahili
Swedish
Tajik
Tamil
Tatar
Telugu
Thai
Tigrinya
Tonga
Tshiluba
Tumbuka
Turkish
Turkmen
Twi
Uighur
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Wolof
Xhosa
Yiddish
Yoruba
Zulu
Okay folks.
Welcome back.
This is module 2nd of December, 2000 sixteens teachings
from the ICT mentorship.
When we're talking about reinforcing liquidity concepts and price delivery.
Okay.
First on the menu today is going to be external range liquidity.
The current trading range will have buy-side liquidity above the range high.
Current trading range, we'll have sell side liquidity below the range
or low runs on liquidity, seek to pair orders with pending order liquidity,
which is inform of and liquidity pool.
External range.
Liquidity runs can be low resistance or high resistance.
You as a trader, you want your trades to be in low resistance conditions.
In other words, you don't want to have any resistance in your path to profitability.
Secondly, we have internal range of liquidity
when the current trading range is likely to remain liquidity, voids will fill
in, and this is associated with gap.
And when current trading range is likely to remain fair value gaps will also
fill in and it's attributed to gap risk.
Now, gap risk is nothing more than simply when the market quickly
reprices to a level where there was very little or no treading.
So in other words, when we see a liquidity run to close in a range where
there's only like one candle where a long candle, uh, usually that's a gap.
Okay.
And whenever you're in a long and you have a big gap underneath you, that's gap risk.
So the market sometimes will many times reprice aggressively
the close in those ranges.
And that's what usually starts with you out as a, as a trader, we look
for them as opportunities, uh, order blocks inside the trading range will
be populated with new buys and or sells market maker, buy and sell
models will form inside trading ranges.
Okay folks, let's take a look at external range, liquidity
and internal range liquidity.
And the difference between two and Allie can utilize both.
Okay.
We have a old high back here.
Okay.
And we have an old area of consolidation or equilibrium.
It's about halfway from the little.
Up to this high price sweeps above this old high here.
And that will be a form of external range liquidity because it's outside the
range from this high in the lowest form.
So that was the range prior to
the new breakout above this high seen here to price.
At this point, we know we have the equilibrium down.
But more importantly, we have clean blows right below there.
Say, we look for a move, take a potentially come down to that level.
Okay.
And price starts to drop.
Trading down.
Now what it's doing is it's pulling back inside of all these up candles.
Okay.
So once we cleared the old high, we would expect some measure of retracement.
And when the retracement occurs, where we're looking for, it's,
where's the most logical area for it to pull back down into.
Now, if you look at this candle here, we have a previous up candle,
rather large candle, and we have.
This candle has a WIC.
So at one point, this candle opened, traded lower.
So there was a pass through on the range between both of
these candles in this area.
So the delivery of price was on the up move here.
And then down on this one, even though it was an up-close, it was
offered twice all through that range.
So at the top of this candle here, and it's, it's open on the next one.
That's where I would expect to see a measure.
Short-term bounce.
Okay.
And price traits here stalls a little bit and go straight through it comes back.
Retest that same level in here.
Okay.
Right in here.
And it ultimately comes down and clears out these equal lows.
Now, what I want you to look for is at this moment right here, where it is.
The next level of liquidity, because we've already traded below this low
here now in reference to the low here and to high up here, which we
now have to redefine has the high, the stops below these lows in here.
Would that be a representative in the form of external range,
liquidity or internal range?
And the context from this high to this low it's internal range
liquidity, but from this low to this high it's external range liquidity,
because it's piercing it down here.
Not words, we created a range from this low to this high.
So we expect this range to be given.
And run the stops out here.
Once that's done.
If we are going to go higher and bounce higher or trade higher, or you make a
new high here, we don't ever know that.
Uh, we look for the areas of liquidity.
So we know there's a, uh, up candle here
to the human reference database.
Yep.
Candle, not the black one here up candle that opening on measuring that
opening price and extended the in time.
And what else do you see on this chart?
See this candle Swick in this candle is a wick in between their price
was only delivered on the downside.
So we have a fair value.
So if we start to trade higher, we can expect to see the market.
Want to reach up into that 1 0 6 50 level.
If it trades through this screen candle or up candle, it's going to want to
reach up into the high of this candle.
1 14 55 and the low at 1 15 95.
So we can use 1 15 91 15.
Or we could use a 1 14 55 or 1 14 60, any one of those levels would be a nice, but
this would be what, from this high down to this new low, if we see I'm referencing
the lows over here, that was cleaned out.
Not that I'm drawing it to anything I'm extending out, keeping you mindful.
That's the range.
Cause we cleared up these lows, but this new.
And now this highs the high.
So the range that we're trading in now is this low and this high.
So if we see price trade up, we would expect it to reach up into one, a 6 25.
If it gets through the up candle, we would be expecting it to trade up into
this area here, closing that range.
And then ultimately he could trade as high as.
This candle is low one eighteen eighty six.
So we'll call it one eighteen eighty five to one money at 1890.
Okay.
So inside this range, from this low to this high, we would be aiming
for internal range liquidity.
Price trades all the way up, right into the shaded area here, right there.
Now, because we're looking at a monthly chart of the Japanese yen.
We're going to drop down into a daily timeframe and we're going to
see how those levels, I'm sorry, we're gonna drop into a weekly chart.
I'm going to show how these levels.
Affected price action and the delivery.
So we have that fair value gap, a little bit more refined.
You can see the wick we're here and the Wicker here, so we can adjust
that and refine it a little bit more so that we can have the exact area
of which price we'll look to fill in.
It's only on this down candle price was delivered on the sell side.
No upside's been offered until now.
We're starting to see it.
Okay.
So every time the market creates a trading range going lower, you want
to mark off the previous high and the new low, and when price trades back
up, you're trading inside that range.
So if you trade short at a bearish order block, which is the last up candle,
that's going to be a return to internal range liquidity, but you're going to be
looking for external range liquidity to exit on which is to stop below the line.
Price runs down, hits that that's where you would look to exit.
Predominantly my entries are internal range, liquidity entries with
exits at external range liquidity.
In other words, I'm buying inside the range and selling it outside the range.
Once it breaks it.
If I am in sync with the marketplace and I know what direction it wants
to go, and we're framing that based on the monthly chart here.
So you're going to see the benefits of doing what I'm doing here.
If I'm looking for it to go higher relative to the monthly chart, anytime
that the market comes down below a short term low, I can be a buyer of
that on short term, external range, liquidity, or buying up stops, but the
expectations range will continue going higher seeking monthly internal range
liquidity in the form of this fair value.
And I'm probably confusing some of you that are listening
very attentively I'm sure.
But the point he wants you to understand on a hard timeframe
where the market wants to go.
You'll be able to frame your trade setups as we dropped down into a daily.
Okay.
So we can see the daily chart.
Mark.
It creates small area of institutional order flow comes down and hits that
same order block rallies through.
Now, watch what happens in the grand scheme of things on the monthly range.
We are trading every time we create a new high, higher, higher, higher
here and here and here each time make a new high that is a run on external
range liquidity on this timeframe being the daily, but on the monthly.
It's still internal range liquidity because your distance out of a
larger monthly range, when we understand where the Moffitt and
the weekly are trying to trade to.
When we look at daily setups like this, this creates the recipe.
If you will, low resistance liquidity runs because you're trading in sync
with a monthly where the monthly we'll most likely want to see price go up.
So every time I run above an old high is expected, that's going to be framed
as a low resistance liquidity run.
Every time we see this, you can see how price reacts to it.
Very little resistance on the part of price to get through these levels.
Because it has an agenda.
It wants to get to a specific price level relative to a hard
timeframe because the funds trade on a monthly and a weekly basis.
So if we can keep that in context and frame our trades with this idea,
we will always be able to classify a trade, whether if it's a high resistance
or a low resistance liquidity run.
So if we dropped down into a four hour chart, we can see the highs being ran out.
Every high has very little difficult to get.
Because it's framed on low resistance, liquidity runs based on the higher
timeframe monthly, you can't even see the range at which the monthly has that fair
value gap in this high's broken through.
No problem.
This high here broken through.
No problem.
This high here broken through.
No problem now was a small little consolidation, but ultimately it runs
aggressively and it's going to reach.
These highs here.
I get questions so many times about how I know where the market's going to be
reaching for us for specific buy stocks.
When we do our live session, this is how I do it.
I use the hard time-frame institutional order flow to frame out where
internal range liquidity is and where external range liquidity is.
Where's the buy stops.
And what kind of stop or what kind of entry am I using?
And how does it align with the higher time?
The market trades down, clears out, some stops in here, gaps down below on the
election, closes in this range back down to a previous bullish or block rallies
through and hits the old high over here.
All these highs are cleared out there and ultimately takes off and runs out another
old high, which was the mountain moment.
Okay.
All through here and ultimately trades up into that monthly fair value gap.
Once we cleared this high here and we cleared this high here, we came
back and created a, um, a gap.
We created a gap here, came down and closed in the gap and then
ultimately aggressively ran right up into that monthly fair value gap.
So what I want you to look at is every single time.
The market all through here every single time it gave a retracement,
this is a four hour chart.
So we're going to go down into a 15 minute chart and this is like the days.
Okay.
And I want you to look at how price responds when it gives you a new range.
Okay.
Got I love here in a high price trades down into the previous order block,
whereas external range liquidity.
So you're buying an internal Quip internal range liquidity with the expectation.
You're going to see price move to the outside of the range
created by this little move here.
So that's your range of trading in for the setup, the exits here, but
do you collapse your entire trade?
No, you're looking for the ranges to take out.
All these highs in here, we get another rally and then retracement.
Okay.
So it's the last down candle, right?
For the up move price trades back down into it.
They populate more buys on that order block.
Whereas the external range liquidity at above this high here
and over here, it runs through it.
Small little consolidation.
We rally away comes back down into the down candle repopulate.
By orders.
What's it going to run for that monthly fair value gap?
Look at the reaction.
Once it gets up in here, lots of profit taking lots of it right
in here, ultimately comes back and starts to trade a bit higher.
I think it's indicative of probably seeing a little bit more, uh, a rally when we
open up on Sunday, but going back even further, you can see every single time the
market creates a nice impulse price swing.
We have a nice impulse price swing.
Comes back down.
But with shorter block, external range, liquidity comes down and hits
this order block again, here rallies through comes back consolidation
eventually presses through clearing out the external range liquidity
here, or the biceps above the highs.
The range that's created from this low up to this high, the
down candle B trades back into it.
Rallies away now, all this is what you're gonna have to sit in.
If you're a position trader.
Well, ultimately if you give it time, all it's going to do is it's going to
return back to a previous order block here, like it did here and recapitalize
more buy orders because it's a long-term objective to get up to here.
So they're going to have.
By some here, buy some more here, let some time go by and then come back
down to it again, buy more of it again.
And one more time.
And then ultimately runs away because they have their position built, averaging
around 1 13 50 to 1 13 25 in that area.
Many many examples of low resistance liquidity runs on the dollar.
Again, we have a low price rallies up comes back down.
Previous order block run from this load to where external range
liquidity by stops runs about here.
Same thing here we have a.
Price runs away from this consolidation.
Why am I not using this low Michael?
Because this is a consolidation in here.
Price moves away from that comes back down, hits the previous
order block here, rallies away.
What's it going to one for external range liquidity here, running up.
Okay.
You're looking to buy with internal range liquidity or at a bull shorter
block inside of a previous range and trying to take profit at an old high or.
While you're in sync with the higher timeframe, directional bias
based on institutional order flow.
Like we described earlier with the monthly ranges and looking for this fair value gap
on the monthly chart, because just like any other timeframe, the market's going
to want to efficiently deliver price.
If there's no.
Uh, trading up in this fair value gets, it's been shown on the monthly chart
that we have shaded up here in led.
I guess it's like an orange, red color.
The, uh, they're going to want to drive price up to that level.
So anytime they can carry a new buying opportunity that they're going
to build more of a position on you have a nice liquidity void in here.
Price comes down and fills that in aggressively ones away.
The range here from this low up to this.
It comes back down and retreats back into the bull shoulder block by on internal
rings, liquidity or bull shoulder pocket.
The expectation of unloading external rings, liquidity above the range high
here, price trades above it here.
Many, many examples of.
Two or three a week where you can see the setups.
They offer us an opportunity.
And even on a pair, I don't even like to trade in the dollar yen.
We have a range here from the low up to this high trades, back down
to previous bullish order block.
You can buy here with the expectation of seeing a range expansion to exit on a
external range, liquidity or buy stock, because we're looking for buys only.
We're gonna be looking for any type of impulse price swings up than a retracement
back down into a previous order block.
If we don't see any ranges that create new buying opportunities,
we can target Lowe's.
So you can go through the marketplace and find all of the
swing lows and wait for price the trade through them on a downside.
And when they do that,
They're doing what?
Picking up orders, taking late new lungs.
Like you see here right here,
right here.
Any other time, it's a rally away.
Comes back to the produce bullets over block rallies away.
It comes back to the previous.
Rallies down in to a previous order block, more consolidation takes the
stops and then runs above claim.
These equal highs out.
I don't need to draw this and it's already there.
Equal lows takes the stops rallies away.
So the type of trader you are going to be is going to be based on
what you see easily in the charts.
You're going to see either turtles.
And you're going to be looking for buying upsells stops or selling buy stops.
Where are you going to be looking for a return back to fair value where you're
looking to trade inside the range or buying internal range liquidity, and by
framing the marketplace in either one of those two disciplines, you'll have
no problem going in and finding setups.
It's not that you have to find a set up every single day, but you will find it.
Once a week, that's all you're looking for and you're looking
for one set up per week.
So I'm going to zoom out to the hourly.
I'm going to scroll back from the time at which price did
trade up into the objective.
Based on the monthly chart, we had a nice buying opportunity here on Monday,
and it was a Thursday by as well.
Uh, we have a Monday by a nice, uh, It looks like a cross over into Tuesday.
Nice buying opportunity here.
Definitely a Wednesday by and the previous order block here.
Nice by, on Tuesday here on this week.
Nice by on Tuesday here and on Thursday, this is the election.
So we're not gonna talk about that.
We were on the sidelines for that period.
So we would not have been looking for anything on that.
Okay.
So we have a nice little bio on Monday.
I turned back to the previous bullet or block, and then we have a
Wednesday by scenario in here as well,
running a stops here.
I want a.
So think about this.
If you know, your higher timeframe, monthly chart is
calling for a run higher on price.
And we talked about this months ago when a dollar main bullish and
dollar Yan should be going higher.
And if we know that there's a retracement taking place or a correction, if you will,
in the market's trading lower our Mo.
Shifts to, okay.
Where are the cell stops that they're reaching for it?
Because underlying the market pinnings are bullish for dollar yen.
So if the market's predisposed to go higher, but it's dropping, we don't
say, okay, well, I'm not looking at that pair or I'm not looking at that market,
which you SU be dealing is, is okay.
I'm going to be looking for external range.
On the timeframe I'm using right now is the hourly chart.
You mean looking for anytime the market's trading lower, if it's trading lower,
where's the lows it's trying to breach.
Where's it going below here and here.
So if we know that they're going to be expecting what a
reaction, their quick reaction.
Not just hang down there and just meander around.
We want to see it go down there and then show a willingness
to go back away from it.
When it does that, it's tipping your hand, then you just wait
for a bullshitter shorter block.
It won't, it won't always happen right away.
Like this one gave one that's pretty, uh, pretty nice.
It came, created a down candle.
It was created with this Caleb preach, preaching this candle high.
So now this down candle becomes a shorter block.
So anytime we trade back down into.
The range, which is here, we can be a buyer, but this
new down candle here, okay.
Gives us another opportunity to expect another return back to this candle, which
it never does here, but it creates another down candle here then say hits it here.
So there's a buy.
So you had to wait a little bit and now it's only hours.
Each one of these candles is an hour to the very next day you get another buy
here and here we see price global, low.
This low runs, this stuff.
It runs the stats.
Okay.
It stay down there.
No, it quickly runs away.
Okay.
Now we wait, what do we wait for price to come back down and to the last down
candle here we look for the return.
Back to that range.
Does it want to run after it takes this low?
Certainly in once the run runs higher and every time it takes out a new high
it's showing willingness to go higher, it's giving us a confirmation that
there's underlying strength in this.
Even if there's going to be like steep declines like this, this is all in the
heels going into, uh, uh, the election.
Again, I can't stress this enough.
That's the reason why I was on the sidelines the entire
first two weeks of November.
I just didn't want to be trading because of the potential
fallout or the uncertainty.
And that's okay with me.
I have no problem being on the sidelines for a short period of time.
It allows me clarity.
Um, we had a really nice spot here on Wednesday of that week and is
pointing out the salient price swings that took place each week.
We had a nice buy on the Wednesday here, and we had nice bio on
a Friday for a position entry.
Nice retracement here, real aggressive retrace.
And now watch, we don't know what's over here yet, but when price
dove down like this down into the 100 and twenties, what's it
looking for to the left, whatever.
It's returning back to this level over here, right there.
It turns to that full shoulder block.
Does it show willing someone to rally up
to every week?
There's been one set of.
Been here we sell price.
Rally away comes back down to the previous order block and rallies through.
It's not that you're trying to capture every piece of the weekly range.
That's not what I mean.
That's not being illustrated here.
What I'm showing you is, is how you can find one set up.
It doesn't require you to have the full, entire weekly range.
I will go into discussions about how you get the weekly range, but for this
teaching here, I want you to think about how you can frame the larger time.
Where the market should be going.
And then how it helps you define what a low resistance liquidity run would be
versus a high resistance liquidity run.
All of this area down here is where the market traded down into on a
monthly chart clearing out that equal, low, and we'll leave that little
area there on the chart.
It's all down in here.
Once you cleared all this.
All these loads were cleared out in here in price rallied up aggressively.
Okay.
So when we take these ideas from the higher timeframe and we transpose them
onto the lower timeframes, every time we expect to see the market, right.
What we're looking for is a willingness to have very little resistance because
the underlying market pinnings that are bullish on a higher timeframe.
So if the monthly charts bullish, there's going to be no problem at all,
trying to smash through short-term highs because the market's going to
be really driven by higher end money.
So the monthly chart being the key player in your trades on framing,
low resistance, liquidity runs.
Where's the marketplace seeking to go on the month.
If he can't ascertain where the market's going on a monthly, you just
simply drop down until a weekly chart.
And by dropping down into a weekly, you can still see these areas at which the
market should be, um, inclined to trade up into the closing, because again,
they only offered price on the downside.
We saw price breaking short-term highs here.
Then this high was broken here.
So we have a potential.
Market-maker by profile where it's going to want to go back up into
areas of institutional order flow over here in this consolidation.
But there's a fair value gap before you get to that point right in here.
And that's where you sell price treated right up into that.
Then one 15, uh, 25 to 1 15 75, a reasonable upside objective all
through here all the way through here for dollar based payer.
That have the dollar on the front of their name, like dollar yen or dollar swissy.
Okay.
Those pairs should have been seen strength because of the
underlying strength in the dollar.
So in summary to make it a little bit more easier to understand, because I was a
very broad brush with a lot of the ideas, but I want you to study this because it
helps you get to why I look at certain trades as low resistance liquidity runs.
And that way, if you understand what a low resistance liquidity run is, you
will know what your trades are not.
In terms of a high resistance liquidity run.
You don't want that to be a trade you're trying to take, you want to
be trading with the least resistance.
So every time we looked to be a buyer on a retracement, back to
a previous order block, we want to see that high being taken out.
But if we're trading against a hard timeframe and there's no
real reason to see the funds.
Okay.
Move the marketplace to those levels.
It's not going to be a low resistance liquidity run.
It's going to be a high resistance liquidity ground.
And they're the types of trades that you sit in too long, or
they don't pan out right away.
Or they turn right around on you and bite you in the rear end and stop you out.
So.
And simple terms.
Let's give you a little cheat sheet list here.
Okay.
You want to be looking at a monthly chart or weekly chart and determine
where is the market more likely to go to?
And by having that idea that if we're bullish on the monthly or
weekly demo, we'll be looking for buy signal by signals on the lower time.
Like the daily, the four hour and one hour.
And we will be looking for bullish order box or turtle soup lungs
with the expectation that any short-term highs on those timeframes,
that's where the objective is.
Now, let's assume for a moment that you're looking at a hourly chart and
your underlying asset direction bias is bullish on the monthly and weekly or, or
one or the other, but either one of them has to give you that directional bias.
If the directional bias is bullish and you see an hourly chart, give you a return
back to what would be otherwise seen as a bullish or block, but the high in between
the range low and the high they retraced from, if it's only 20 pips, is that a
trade that would be viewed as something that you would take in my opinion?
No, because the range is only 20.
When it returns back to the previous order block, for instance, if this is say an
hourly chart or, uh, uh, media, 15 minute timeframe, and this is the range you're
looking at here, this retracement, if the range is only from the order block where
you would be buying up to the high in between, if that's only 20 pips, are you
going to be taking that type of trade?
My opinion would be no, I wouldn't personally take that
trade, but if I saw a swing.
Uh, say this low here and up to this high here and there was an order block.
They allow me to get into it down in this point here.
If I could take that trade and it say this was 40 pips, that would be a trade
I want to take because if that's 40 pips from where the highest and where
the order block entry would be, that means I can potentially have 40 pips
in profit because I'm going to try to get out with a run above that high and
exiting where the buy sauce would be in the form of a low resistance liquid.
Because I'm trading inside of the monthly and weekly range, that would
be viewed as internal range liquidity, which has very little resistance
on the trade, on a lower timeframe.
Many folks would see that as resistance so that it's going to hold back price,
but on the monthly and the weekly chart it's indicated, and once it go
higher, so it's going to have very little difficult to get through it, but.
Precursor is you want to look at price swings, they offer about 40 pips.
If you can see anything at 40 pips or higher in looking for a retracement to
go along on that, that gives you, uh, a reasonable first profit objective.
Now, obviously if you go out to a larger timeframe, okay, use bigger price swings.
That gives you a lot more depth in terms of what you can pull out in terms of pips.
So if you're looking for say, you're a trader that you want to have.
Uh, nothing less than 50 pips.
Okay.
Well, that's great.
You use a 30 minute or 60 minute chart and dial in looking at your marketplace for
bicycles, that set up those price swings.
So in order to, if we have price, uh, impulse price, swing like this
and say this was a hourly chart.
Okay.
This in this range would be from this high down to that low.
If that was 50 pips.
That would be a wonderful opportunity for you to get your
classic 50 pips or more set up.
So if you have a weekly objective, let's just say, um, you've done the numbers.
You've worked it out where you want to make, um, 10% of, um, And you
figured out that, uh, to get 10% a month, you need to make a 50 pips
on whatever equity base you have.
Okay.
And you figured out how many pips you have to have, what your stop loss
has to be, blah, blah, blah, ends up.
You just want to hit that number and 50 pips will get you there.
So what you do is you want to look for ranges to have 50 pips or more
preferably about 75 to 80 pips.
It was perfect because even if it doesn't even break their range and go
up above this old high, it still gives you the opportunity to get that 50.
So don't think just because I'm saying that we had to be a buyer down here
and looking for exit above the old high that you can't get all of your
objective and your goal inside the range.
Because again, that's, that's the beauty of trading price action, because
you don't need the range to break.
If you frame the right swing, you don't need the range that you're trading in
to break to the new wildly profitable.
You don't need it to move well beyond the, a range high either.
If you're looking for.
No worries.
If you just want to see it, like you didn't need it to do all this.
If you were buying down here in the range from this high down to
the low, where you're trying to buy, let's say a hundred pips.
You can handsomely take 75 pips out of that and not even get the
full range, but you can't do that.
If you try to do every entry on every 30 Pitt price link or 25 pit
pipe, uh, price only because you're, you're trying to get in right now and
you're looking for anything to get.
If you're much more selective on your setups, you're going to treat
a lot less, but your setups are going to be a lot more choice.
They're going to be more potent.
They're going to have a lot more likelihood of painting out for you
in your favor, but you can't do that.
Okay.
If you trade every single setup in every timeframe, you got to pick a
timeframe that fits what your model is.
If you're trying to get, you know, 250 pips, you know, um, um,
over a course of two weeks or so.
Okay.
You're not going to get that training on a five minute chart and looking for
those types of price swings, you need to be living on a four hour chart or a
daily chart and trading those price swings and looking for those, uh, those levels.
And that'll give you those types of objectives and returns, but to give
us multiple examples on a day-by-day basis, I use a 15 minute timeframe
in today to show you how many times you can see something setting up.
And while it won't always deliver five to one or three to one, even sometimes it
will deliver a lot of price action study.
And then we move out to a hard timeframe where we're only
working off of an hourly chart.
It'll give us a great more.
Opportunity to talk about how the moves that take place.
That move a lot more than 30, 40, 50 pips.
We can get into the range of a hundred, 150 pips.
Okay.
Those types of setups, they're more fun, but you have to sit on your
hands and wait a little bit more.
It's not much more than that.
Sit and wait, but.
At framing, the ideas with the hard timeframe, monthly and weekly in
determining where they want to go, keeping that perspective in mind, every time we
look at an old high and we're bullish on these lower timeframes, what that's
going to do is it's going to build a model where we can see clearly that it's a low
resistance liquidity Ryan, when we buy.
And we don't have any fear of looking at that as a resistance level,
or this is a resistance level.
We will see the market, want to draw it to those levels because there's, Bystolic.
That's why the market's wanting to go there.
You see how quickly it tries to get to that level here.
And then once this has taken place, what does it do?
It doesn't waste any time.
It quickly gets up there above this high, and then ultimately runs
aggressively into this high here.
If we were bearish on the monthly chart, when weekly chart, we will
be looking for the opposite, we would be looking for retracements
higher and making low resistance.
Liquidly runs the break below a swing.
And we would look for price swings of 50 I'm sorry, 40 pits, or more as a
high opportunity to tie odds opportunity for a day trade or a short-term trade.
If we use an hourly chart, we could have a little bit more, uh,
potential range in terms of pips, potentially 75 to a hundred pitches.
And that'll give you the ideal setups that you will be looking
for if that's your objective.
So a lot of folks that are in this mentorship and those that are even
outside of mentorship, you know, my email box gets littered with, can you tell
me how to make a hundred pips a week?
Okay.
That's easy.
What you need to do is you need to treat a four hour or one hour
chart and nothing less, that's it.
That's all you gotta do.
And you will.
And you look for scenarios across all the majors and you'll find a
hundred pips price swing every single week, but that has to be your model.
It can't be because I just said it and you go out there and start
trying to force it to happen.
If you don't have the.
The psyche that do that.
It's not going to work, but having these hard timeframe charts and
give you that directional bias where it's going to go, it helps you frame
whether the trade you're going to be taking is in fact really a low
resistance liquidity run, or is it really a high resistance, a poorly run?
If you develop your skillsets on the higher timeframe.
It's the same thing we do on a lower timeframe, but focusing primarily on
what the directional bias is going to be on these higher timeframe, monthly
and weekly, it will help you resist the urge to do those many time where you
go in there and you do a trade because you get impulsive or you just did.
I don't even know why you did it and because I've done it too,
you're looking at the charts.
Um, I'll, I'll buy it now or I'll sell it now.
And you didn't take any consideration into what a hard timeframe charts.
And all of a sudden, it just rockets the other way.
And then you look back, you know, a week later it's oh,
there it was, it was hindsight.
Perfect.
2020.
I should've did this opposite.
If you stay in the directional bias that the monthly weekly tell you
that you should be doing every trade that you frame has a higher odds of
being a low resistance liquidity run.
That's all we do with a market maker perspective.
We go in looking for that because they're driving price to where the.
And it's not random where these orders are.
There logical locations when it's bullish, the market's going
to go above short-term highs.
How far over what?
When's the last high?
We never knew that we just know each time.
This is a range from this high down to this low it trades through it.
Okay.
So now what's in the range.
This low, this.
Well, it broke that what's the new range.
Okay.
Well, this low to this high up here and in this fair value, got if it trades
on through, we know we're looking for return back to this up candle here,
and then maybe these highs here and ultimately above 1 25, 77, we don't ever
try to call a high in the marketplace.
That's not what we're trying to do.
This was a logical area on the monthly chart to trade to.
So after it did that, we now have to evaluate, does it have more
willingness to keep going higher or would it be more prudent for it really
to go into a consolidation here?
And I think logically it should, but the market's going
to do what it's going to do.
But in this module, the aim was to get your mindset on a
monthly or weekly capacity.
And that way, when you go into a lower timeframes, every trade
center you trade with in that directional bias on the monthly and.
We'll help you find the low resistance liquidity runs that you're looking for.
They are the high probability setups.
They're the ones that have the immediate payouts.
They're the ones that gave you the immediate responsiveness to your
entries and has very little draw down.
And that's your goal as a trader.
You want to be trading in that environment.
So with that guy to wish you good luck and Katrina.
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.