ICT Charter Price Action Model 2 \ Amplified Lecture

okay folks welcome back all right so this is the price action model number two this is going to be specifically dealing with short-term trading now the model I'm building it on is weekly range expansions okay for the short-term weekly range price action model number two this is going to be more or less how we break down the overall price action models the point of these are not so much to to over complicate it and to reteach the mentorship but kind of like pull certain segments of the content in logical locations for the the premise behind

each component here as you can see I've given us a model of a stage a setup and a pattern and specifically on a larger perspective the stage is going to be our weekly direction that means we have to have a directional bias for the weekly candle okay and the setup is going to be our range expansion and our pattern is going to be it's going to be based on the PD array Matrix and looking for opposing PD arrays okay so we're going to be looking at the concept of range expansion and these candles are crude

depictions of a weekly candle and on the left- hand side we're seeing a crew depiction of a weekly up close and the open is going to be specifically referred to in this model and you can see here for the bullish weeks what we're going to use as a context for the draw or why we believe that the weekly candle should go up is it's going to be targeting a buy stop liquidity pool or an old high or a fair value Gap above where the Market opens for the week conversely when we're bearish we're going to

be using just three PD arrays again the fair value Gap old low sell. liquidity pool really simple okay so what do I mean by this what what's the the the context of what I'm showing you here obviously we went through a lot for for the mentorship and I'm limiting our Focus to this model to only looking for fair value gaps old highs and lows and the liquidity pools resting beyond the old high or low so our understanding is we want to see when the market is relatively bullish uh we'll be opting to use the model

for our stage if you will on the left hand side here with the bullish up close expected when we're bearish we're going be using the model shown to the right when we're expecting a Down for the week it can be one of the three PD arrays fair value Gap in other words area where price needs to be rebalanced on the weekly chart an old higher low where May retest or reach up into a order block or below into a bearish order block now the order block itself is not being delineated here or mentioned as the

PD array but you can substitute the old low with order block and then obviously the liquidity pool that would be resting just beyond a shortterm old high or low all right so we're going to be looking at a bullish example here and you can see here on the right hand side uh this is a weekly chart just so you know it's the weekly chart of the dollar Cad and I'm using this example because it's something I traded you guys seen examples of it seen executions as well so everything here is based on something I actually

did so right away we can see that there was equal highs in the dollar CAD pair and then right above it we have an old down close May for the move up so only buy side delivery has been offered it's that blue line so there's uh an old reference point for institutional order flow and a fair value Gap that resides and that is seen here okay so only sell side delivery has been offered from this point on down using this area here the open on this candle trading higher so I'm framing the fact that we

only went down here this candle went up to this price point left this inefficiency here so our fair value Gap is the draw that's what's causing our bullishness or View for the dollar CAD in this example why we expect it to go higher and also we have a liquidity pool here as well with an old high okay so we have old high liquidity pool fair value Gap okay so we'll take a look at what transpires as a result okay price trades up into and fills the fair value Gap right there okay and again this is

the the setup we're looking for the weekly candle to do this very thing here now you can see price does in fact open on this week here and again these are weekly candles they open it trades down a little bit and goes higher it opens trades down a little bit and goes higher uh this week here um it opens does move a little bit but eventually you would have been stopped at on this particular week and then we have the really big bullish candle that takes us right up into a rebalancing of the fair value

Gap right here okay okay so let's take a look at what is the opening price for our price action model for this now obviously we can use the Sunday's opening price or we can use Monday's opening price okay at uh midnight New York time or we can use in this model we're going to be using the opening price on Tuesday now why am I going to be using Tuesday is because Tuesday typically will create the higher low of the week but we do not require having that level of precision if we're going to be short-term

trading because the the logic I want to build in this model is is you don't want to be sitting in front of the charts all the time but you do want to capitalize with some measure of intraday price action and the way we're going to be using that is we're going to use the opening price on Tuesday at 400 and we're going to use that time so that way we don't ever have to worry about going back and forth with daylight savings time okay so if you use that hour you're you don't have to toggle

anything just keep it like that all year round just leave it okay and the idea is that opening price which is being delineated here on this particular week this is Tuesday's trading that opening price when we're bullish we want to be buying at that price or below it now if you're going to be rather lazy and not be up during the London session for entry what we'll be doing is we be buying at that price and then using a 50 pip stop really simple so all you have to do is find out what time it

is in uh that 400 hour and if it happens to be on line with 12:00 midnight in New York time or if it's a little bit earlier or whatever long and short is you don't have to worry about that measure of precision because we're short-term trading and we're using it as a filter okay so when we're bullish we're going to be buying below this price level I ideally we want to see what would be residing below this level in a form of a discount array we could look for a short-term swing low as we see

here shortterm little swing low here price does in fact go below that so you could put a limit order at that low or that low plus three Pips or five Pips rather and then uh at that price point then use a 50 pip stop below it okay as your protective stop Lo and we'll be looking for an expansion on the week and because we don't know always if it's going to be a tiger by the tail that we've caught we want to have some factor of time involved so while I'm giving you the price element

here in certain measure of time because of the Tuesday we want to be holding on to the moves until Thursday New York open okay so between Tuesday and Thursday that's the bulk of the weekly range and we want to be at least minimum hold until Thursday's New York open okay so what is the pattern at the 400 candle that opening price we want to be buying Under that on Tuesday or Wednesday that means if we don't get an opportunity to trade below it on Tuesday then we wait until Wednesday Wednesday May in fact not give

us an entry as well but if it does trade below it we'll be looking for an opportunity to go long we will use a 50 pit protective stop loss on our demo account and again we're going to be holding for New York open or stop out again the idea starts on Tuesday we do not trade on Monday in this model the ideal draw is again on the weekly chart over here for why we believe the price should go higher again this would be delineating an intraday perspective on Tuesday one more bearish again this is the

weekly candle here delineation with fair value Gap old low and sell out liquidity pool as our discount array for the draw on the weekly candle this opening price in here what we're utilizing is the idea of power three on the weekly chart and we're going to be looking for now this opening is not necessarily what's going to be derived on our weekly chart here this may in fact be something down here other words this opening price here may be a little bit lower in the weekly candle which is fine we don't necessarily need it to

be at the very very high again with this model I'm building the idea that we're using the highest probable day of the week which is Tuesday and or Wednesday and the idea is we want to know where the weekly chart is most likely reaching for now think about it instead of trying to day trade and we're trying to figure out multiple candles in day to see where it's going to go we're only looking at a weekly candle it's either going to go higher or lower or it's going to sit sideways if we are studying price

on the weekly chart and we can see that these levels down here uh would be obvious candidates to be filled then we're waiting for Monday's trading to give us an Insight whether or not this may may not come to fruition ideal scenario would be this hole move up and then we traded below it for Monday then if we see a similar scenario where we open at the 400 candle on Tuesday and then rally above it we could be a seller above that price level use a 50 pip stop loss and just aim for Thursday's New

York open that's our first objective that doesn't mean collapse the trade entirely it just means that that's our first minimum objective for time and price to meet so we're going to try to get the bulk or the lines portion of the weekly range between Tuesday and Thursday again we're going to hold for New York open on Thursday or stopped out okay so what's the logic behind this entire model the weekly range when bullish will likely see a strong up close on Tuesdays we do not need to capture the Monday low of the week if if

it informs at all on this model now when bearish we do not require the Monday high of the week either should it form as well we are seeking the range within or inside the weekly range between Tuesday 400 C handle opening price and Thursday's New York open as a minimum objective for time and price Theory now your homework is to go through the charts and find scenarios like this where it allows us an opportunity to capture some expansion either when bullish or bearish using the weekly candle because we're short-term trading so we're going to be

focusing primarily trading inside the weekly range and our time frames for this model are obviously the weekly candle or weekly chart the daily and we're going to reduce it down to the 1 hour now for timing purposes you can use a 15minute time frame instead of an hourly chart okay folks welcome back so this is a Amplified teaching on the price action model number two short-term trading and we're going to talk about intro we or intermediate reversals okay building on the premise of the short-term weekly range strategy that we built for model number two we're

going to open up with the stage of weekly Direction now I'm going to throw you a curveball here but this is what you want to know because not always is institutional order flow going to be remaining bullish or bearish is going to be met with some measure of uh resistance or significant support it's going to cause a shift in momentum and you to be prepared for that so the reversal condition is our setup and the pattern is the European open all right so we talked about how on the weekly range we're expecting a bullish week

we want to see the open here and the expectation is we're going to see a higher close on the week but what happens if this week or this particular range is the previous week and it trades up into a level of stiff resistance or maybe it trades up into a important premium array remember if we're expecting price to trade up to that level it's going to be many times an opportunity to reverse now we used this Theory to build the idea for a technical Target or something to reach for or Draw on liquidity but what

happens once we get there that's what we're going to focus on here on the right hand side you can see equally when there is a bear scenario let's say the previous week we trade down into the actual objective we were aiming for and it happens to be a immediate term or long-term disc count array well we can expect a reversal of sorts right so at the time of this recording uh we did a pre-week analysis video and we incorporated the likelihood of a seasonal tendency for the dollar Index to decline and the euro dollar and

the British pound to Rally uh it's Wednesday of this particular week in February 2019 and it's been shown that the euro dollar and British pound have in fact rallied with a weaker dollar couple that with some of the things I'll talk about when we get into technicals for the charts if those two currencies are suggested to go higher seasonally and they have reached significant discount arrays one would assume that there's a likelihood with the seasonal tendency Incorporated doveet tailing with a weaker seasonal tendency for the do dollar index that all foreign currency should find their

way higher because the old adage is all boats rise in Rising tide so that means if the dollar is weak there is a likelihood very very strong likelihood that even the weakest of currencies still has an advantage in finding some support or finding its way higher as well so assuming that we have were watching basically uh over here on the right hand side say this was our objective we were looking for this to be traded back up into but what happens when price trades up to that level okay so words we we've had weeks okay

if this is a weekly chart here say we've aimed at this one and price eventually gets up there okay so our buy stop liquidity pull or old high or in this case an old low okay or a breaker because that's what this is here this represents a breaker uh we could trade up into that level and anticipate again some weakness to come into the marketplace but how do you go in and gingerly get in air and try to sell short well you have to wait for certain things and we're going to talk about that now

so as price slams up into this price level here we're going to be looking for a specific filter for our trades and it's going to be the European open we do not want to go in here and just simply sell short on any old price level or on a whim we looking for something to really solidify the likelihood of this Market wanting to go lower we're going to use Market structure to help us do that so obviously you see an example here and I'm not going to use this example so much for this teaching but

when price gets up to this level here this many times can be a shorting opportunity especially if it's based on a higher time frame premium array obviously we mentioned how in this crude example it could be used as a weekly breaker bearish breaker and then we could look for signatures in price action to build a model that will allow us to go short so what helps me build my confidence in selling short or buying a market that is in a reversal condition we me initially we gave you the idea of using Tuesday as our entry

but what happens if Tuesday doesn't really give you an entry what happens if Tuesday is the actual turning point and then there's a Breakin Market structure on that Tuesday well then you obviously can't do anything on Tuesday because you didn't get the setup until Tuesday's formation so that leaves Wednesday and Thursday for this model remember the criteria for this model number two for short-term trading the weekly ranges we're going to be looking for a Tuesday entry not trading on Monday but looking for a Tuesday entry holding through Wednesday and a minimum hold objective until Thursdays

New York open aiming for about 50 to 100 Pips we're ringing in now the element of a reversal Market profile so if we have this as a potential scenario how do I go in there and trust these types of setups and not get burned by an existing Trend that continues on higher or lower in this case we gave you the Tuesday so we're using standard time Eastern Standard Time we're not using daylight savings time I don't want to use daylight savings time time I don't want you thinking about daylight savings time so when we have

daylight savings time shift in the US uh some other countries they observe it to but not all of them okay so one of the things I learned by studying time is that there is a real secret to how these markets work by just ignoring daylight savings time don't even look at it uh I think that it creates a problem for certain individuals that are focused on specific things with their systems and I think it helps the algorithm you disrupt those traders that have a a specific time-based structured approach so from a central bank standpoint and

how the algorithm delivers price IPA the interbank price delivery algorithm we we use a standard 400 opening price now in Standard Time Eastern Standard Time that's going to represent the midnight candle in New York when Daylight Savings Time shifts it becomes the 500 I don't care about 500 okay I'm staying on 400 because other countries are G are not going to observe that so even though there may be a lot of times where the 500 opening price will serve you well I don't care I'm sticking to this this is a constant okay but what happens

if we see a price level trade up into a level right into this suggested Target if that is a premium array the criteria over here of buying okay we're not doing that we're going to be looking for a shorting opportunity so when price trades up into the objective that maybe we've been following for a while but what happens when we hit that Target are we done trading no we want to look for signatures that would allow us to go short especially if it is a monthly or weekly premium array so we abandoned the buy under

400 opening price on Tuesday or Wednesday using 50 pip stop loss holding for Thursday's New York open or stop out we're changing that to we're looking at the 600 European open and we're going to be selling short above that price level and I know it'll make more sense when I show you the examples later on the video but once we get to this level if it's a a long-term or immediate term premium array we don't want to be continuously buying that we want to be sensitive to the likelihood of it maybe having a reversal so

I'm going to give you the criteria that I use to help me get in there and not try to stand in front of a train inversely when we've expected the market to trade down here like we've taught with model number two once it hits that objective are we done trading are we going to continuously looking for lower prices it may not provide that to us so we want to be anticipating or be like we opened up last week in our analysis before this week even started trading the expectation was that we could potentially see a

reversal in the marketplace because seasonally things were there and we had some brexit news also expected this week so there's a lot of things a lot of ingredients came into this particular week that helped us frame the likelihood of an upside reversal for euro dollar and especially GBP USD so cable having had the brexit vote on this week's uh Tuesday um it helped us frame the idea of this intermate term or intra week reversal just so happened that Monday started right out the gate higher for GBP but once we trade let's assume that we trade

down to that level and our objectives have been met we do not want to continuously follow this model over here which is selling above the 400 opening on Tuesday or Wednesday we don't want to do that we want to be changing gears and using again the 600 European open but now not selling above it but looking to buy below it if we get a market structure shift on this week say it happens on Monday well this happened to happen this particular week of time of this recording so with that brexit instilled fear or excitement about

trading the GDP USD pair along with the seasonal Tendencies along with the seasonal Tendencies with the dollar Index wanting to go lower traditionally not again notop Panacea but hopefully you see the blending of all those things this week before the week even opened up we were on Red Alert okay that this thing could reverse and scream higher and come to fruition several hundred Pips this GBP has exploded to the upside dollar has weakened so the the premises is we once we get to our objective using model number two we don't abandon model number two we

can now still use model number two with the reversal Market profile okay so let's take a look at examples how we can use that okay so we're looking at the dollar CAD pair and let's zoom in here get a little better perspective on what we're looking at now a few weeks ago I gave you a chart with the daily suggesting that we were going to work within this range up here and right away I'm just going to show you this low okay this low comes in at 13468 so 13468 and prior to the run up

here what would be the nearest price level using a five or a zero level to that 3468 low so 13468 again we don't look at the pepet though just ignore that number too after the number eight so 13 468 the nearest zero level or five level under that level would be what 13465 right so we're going to take 13465 that's going to represent a key level now why is it a key level well if you look at this very section of price action right here inside of that that little nodule in price action that means

we right in here this little segment of price action is going to be significant because we're going to look at that when we drop down to a lower time frame I'll be able to zoom back and wherever this blue section is you'll see what I mean by this being balanced price traded aggressively lower we bounced around in here between the close the low and the high and the open here and then broke below this low on this candle and then we had an imbalance so we had a siy sells side imbalance buy side inefficiency so

it's stretched out pulled out really really long on the downside and we would reasonably expect some measure of up move into that price level here okay so we have the inefficiency here that gets rebalanced here so what does that make this little segment of price action right there that makes it obviously a Target we were looking for that on the upside but more specifically once it trades to it have to refin ing the price level okay we are not Ambiguously looking inside this range you clueless we use institutional pricing models to get to a five

or a zero level again the 13465 level is a calibration of the nearest five or zero level below this candle's low okay for instance if this candle's low was 13464 what we you use we could use 13465 still cuz there's only one more P one more pip but to be fair and more refined it would be 13460 because it's the nearest zero or five level remember going up to that price level so since the actual low was 68 let put it back up here since the actual low was 68 13468 we're going to using the

five level it's closest to it okay but not over okay so we're rounding down if we ever coming down to a particular price level we're going to round up to the nearest five or zero level okay so there's your simple rules for you so we calibrated the price level okay now we'll look at this when we Dro down the lower time frame but when price hits that how do we know when we can operate on a short basis okay or a reversal Market profile and not get burned by a potential run up well there's always

going to be some measure of risk and every we do and reversal patterns that's why I waited so deep into uh content before I started talking about it because it requires you a a great deal of the foundational studies and the core content of the mentorship because if you just go in here Willy neilia entry based on you thinking it's a high or a low it can hurt you and then obviously you'll be putting tweets on Twitter like I read last week some guy more or less faulted me for him not making money in his

oil trade even though oil traded to 58 today so again I'm telling you where it's going to be drawn to I'm not telling you you know by the time in the date I'm not doing that so I'm want you to be responsible and accountable for your own actions again that's the reason why I teach in a demo account period just sells us the whole reason why I do this in a demo is for that particular reason right there it's so easy for everyone to say well it's somebody else's fault it's not it's not my fault

it's your fault I don't tell you to get in these trades you demo account I certainly don't want you to with a live account if you do it you done it on your own I'll go off my soap box now so we have this price level here okay now before we drop down when price is moving if we see a re reversal here let's assume that we're right in the assumptions that this is going to create a reversal how far can it go down well let's map that out we have a balanced price point here

here and I'll explain that as I go then we have all of this inefficiency so that's another one okay and I'll just extend this a little bit more and rate Bel low here would be a liquidity pool so we'll have that noted as well and we'll just make that a different color just to draw a distinction now obviously the color schemes whatever whatever floats your boat I'm not here to try to sell any one thing better than the other you m it's a matter of prefer preference or whatever so we have these equal highs here

as well now obviously we've traded through that but that's also a level this up close right here that would be one I'd be watching and that comes in at 3316 which in this case would be rounded up to 3320 or you can be a little bit um of a deviant and use 3315 cuz it's only one pip so that' be a level I'd be looking for but we're going to work with this here this is going to be sufficient now what makes this High important you probably think wait a minut you just skipped you're not

going to come back to it this candle we traded up and then down off the high so we had a little bit of a wick there the next day we trade up through that so between this high and this candle's low that is essentially what we got over here it's a balanced price range so again I'm going to use this little price nodule right there and I'll just extend this out down to that low because that's going to be the context of that balanced price range so if we get through that it's going to be

significant that means we can now Target the lows down here okay so let's go into an hourly chart and take some of that out of there and here is that balanced price range okay so we had movement down then we had movement up so this is essentially a balanced price range okay really nice price range if it trades down below that that's a significant indicator that we could probably look for a run on liquidity below old low well what you know it we have equal lows here and then we have a little bit of a

a gap okay so now dropping down to an hourly chart we now have another level then we have a down closed candle which is an order block so whenever I have this cascading effect of discount arrays we have a liquidity pull void order block I'm going to elect to use the order block first cuz that's where the last delivery on downside was or sside delivery so I'm going to look at that as a primary driver and it happens to be 13240 nice round level also it stretches below the 132 midf figure 50 now it doesn't

mean that it can't hit this High here and stop dead in its tracks at uh 51 A2 which would be 55 calibrated and again since it's only one pip away 13 250 could still be used in this instance below the lows here for the liquidity pool we have 3275 that in itself is enough it's a five level or we can do 13270 because we're going to be reaching now again we want to open up not round up we want to round down because we're going expectedly below these lows to seek liquidity for stops okay so

anyone long all through here maybe they kept their stop loss here and that would be potentially in Jeopardy the levels that I highlighted already you can see the sensitivity here in day today had a real nice little run up into that uh I gave you a criteria for looking for institutional orderflow entry drills okay so how do you pick your entry points well I want to go inside this little area here um and we'll well we'll come back to that let me go back up here and build this model out price hits it here and

let's put the day dividers in okay so this is last Friday and last Thursday so last Thursday we hit that level Friday we hit it again fell short of it here and then bang here's our Market structure break right there off of a key level okay now again this level is that daily level where price has essentially been rebalanced so if we have this short-term low here prior to the run up into that key level this low once broken here I do not need a close below see how Wick through that that to me is

a break we're not looking for any um uh down close requirements it broke structure right there bang we Consolidated around it then broke down one more time then came back up and hit it as resistance so this level here cutting through all these candles I have to straighten this up I learned this new trick and for the life of me I love it so for the guy that shared it with me thank you very much I love it so we hit it as resistance here and then sold off yesterday and then today we had consolidation

and then dropping off the the the way I use reversal pattern um entries I don't teach this in the free tutorials okay so this is one of those moments where we go beyond free tutorial stuff as you would expect in charart member so we have last Friday a break-in Market structure and then Monday small little consolidation a run up right in here equal highs pokes through there's a shorting opportunity right there breaks down one more time shorting opport here and then right in here we're going to talk about how we can use a short as

well but we have to ring in the European open to do so so I'm going to drop down into a 15-minute time frame so we can see the price action over Monday Tuesday and Wednesday and I'm going to take a look at this pause the video okay pause the video and look at what you see and understand right now based on the level of content you've gone through for the mentorship and maybe even the free content look at what you understand now okay and then unpause the video and you'll hear me talk more about it

but don't listen do the exercise of pausing it and look at see what you see and outline what you see in price action and then I'll continue on when you hit the unpause I know some of you didn't hit pause so looking at what we have uh with all these levels in here some of actually these levels are going to disappear but I'm going to give you so now we have a institutional perspective we have Monday's trading in here which we don't trade on Monday remember there's no Monday trading so we're not going to worry

about anything on this particular day on Tuesday we have the European open which again we're using 600 that's this candle here okay the opening price 13358 we take that on the 600 candle and then we extend it out in time now you can extend it out to 9:00 in the morning um I like to do that generally because it just helps me filter out any little additional spikes that may fold the market over based on a New York news embargo Lifting for the news at 8:30 okay so I extended through that point um but what

we're looking for is the way we interpret the Asian range okay the standard protocol for this is if you want to be a seller on weakness so in other words you say Trader using my Concepts and you want to use sell stops for your entries on shorts okay you don't trust your analysis on picking the high or how far the Judah swing is going to go you just know that the bias is really really bearish you don't want to overthink it you just want to put on autopilot and be done with it the way you

can do that especially using model 2 is the Asian range theory is we if we break below that the idea should be it just continuously goes on and on on for the daily range to become completed but if we have the bearish bias which is what we would have here based on previous week this is a little too zoomed in actually I here's Monday's trading here's Tuesday here we are the the expectation is is we want to see price move out of the Asian range like it does here so if you extend the Asian range

out and I really don't want to do it but do it for the sake of completeness you extend out the Asian range like that and how I did that I highlighted it just hold down shift on your keyboard and then drag the line out it'll keep it straight and it'll allow you to elongate it so if you want to sell on weakness when you're bearish and you don't trust how far the Judith swing is going to go uh if you start seeing price rally like this okay all you have to do is go right to

the Asian range and put a cell stop rate below that okay and if it hits it it fills you once you see the the rally up okay once you see it rally up that high all you have to do is go right to the uh the low of the Asian range put a sell stop there and then use the high of the day at the time of you watching the Judith swing unfold that's going to be your stop now as the price keeps going higher higher higher higher your stop Still Remains below to get short

below the Asian range you would just open your stop a little bit more more more more but eventually at some point it may change your leverage based on the percentage of risk so you would need maybe sometimes drop down from maybe two minis to Maybe One Mini or maybe one and a half okay if you if you're allowed to use that type of uh leverage the uh or I guess a better example would be using uh two standard lots and then maybe uh one and a half or one standard in five minis versus using your

original two standard LS that you want to sell short on on a stop here if the the swing starts to project too far beyond what would be reasonable for money management purposes on two standard Lots then you may have to drop down to one standard and five minis okay so that's why it's important you go to a broker that will allow you to trade in Minis and not force you on standard Lots only it may not be such a big deal now today but years ago that's how it was they made you you have to

trade only a standard lot and then you don't want to do that but the uh the beauty is is once you get the Asian range def find you just wait for that break down now you're probably thinking wait a minute now you're teaching us breakout trading no I'm teaching you a lazy man's entry approach it it's confirming when you have the bias right but also it's still a structured concept because it gives you the ability to know where your entry is and not have to worry about being precise about how far it goes up in

this instance if you want to be expecting the um Judith swing to form how much Market protraction should take place you can obviously see during this particular day Tuesday yesterday we had a nice consolidation during the Asian range unlike what we saw here on the central mik dealers range so using the the smoothest portion between the two or if it's allowed flout okay but in here Ag and range one full standard deviation up gives us 13416 again forget the PIP sorry the PIP at so 13416 the actual High forms at 13416 perfect okay so you

could be a seller at 13415 or 13412 or 13410 and just expect it to get that far you know if you try to sell it short at 13416 you're probably not going to get filled okay it probably won't let you get in so you can do that obviously to get closer to the Daily high or just simply use the sell stop below the Asian range to get in for model number two once you do that what's your protocol you hold for Thursdays New York open it's just that simple okay so you're going to hopefully collect

50 to 100 Pips between your entry point and Thursday's New York open now what happens if you get 100 Pips before Thursday New York open you take it simple as that you scale off at 50 you scale off at 100 and you just let it go and see what it'll pay you out more to New York open at New York open I don't care what's going on I don't care what I have tweeted about it you collapse the trade it's done that's how you follow the model you don't care what anybody else is saying you

don't care about anybody else's charts no one else's analysis no one else's opinions especially mine you stick to the pattern the rules and the model and let it do its job it's simple so the next day say you don't get this entry opportunity here okay what's actually happening is is you're waiting for the rally above and I forgot to mention this this is the whole Crux of this teaching the the usual opening price is down here but many times you're going to see that after or during a reversal Market profile the opening will be up

here okay at at the the 400 open and at 600 we're actually required to wait for that hour to open up because it's a little bit more clear now you can actually use this as a filter going forward in your normal trading you don't need to use the 400 I use 400 unless I'm in a reversal Market profile but depending upon how the markets trade like we saw it here okay for instance we have the opening price here okay right in here right there for today so the open on this was 13363 okay so at

400 that means yes you could have got in at here but you didn't get in here on this rally up but using this 600 or european open you obviously could get in here but then you also get it here so it it's is your filter you want to be selling short above that opening price you want to be selling short above the opening price you don't have to do it this way again you're you're selling strength this is how you do it but if you want to be a seller of weakness again use the Asian

range extend out in time if price breaks below it okay once it breaks below it has to happen after 600 or european open that's that's the other filter you want to see it happen like here here's 600 it breaks below the Asian range here so that's good here's the Asian range low it breaks below it here after 600 or european open which is good so you sell short on a stop here and you use the high of the day here stop goes above that now you're going to find that many times the market may look

like it's starting to tear off like it does here and maybe it would have spooked you okay but it doesn't get to this level or just above it the reason why 600 European open is being used and you're probably saying well wait minut there's really not that much difference here I'm showing you this example here and I want you to start studying every other instance in the future and also study 600 European open every single day and you'll see many times it's more precise about where your Judith swing is to be trusted in other words

it's it helps remove the ambiguity that comes Sometimes using the New York midnight open okay so uh especially when we transfer from Standard Time to Daylight Savings time because some Traders again use the time in New York their models okay on a large fund basis are based on New York time so it's going to be a little skewed because of that I really like to use European open right about the first two weeks when we transfer or transition from Standard Time to Daylight Savings Time in the states and it helps me refine my Judah swings

where I can sell or buy based on this specific opening price the standard deviations here using the expansion um you can see that we were looking for or I was looking for standard deviation 4 on this particular day here it's 13349 uh the high comes in at I'm sorry the low comes in at 13349 so it went one pip at below where I was looking for it to go created the low of the day uh here again same thing I'm I was looking for same deviation number three on this day here but I'm going to

show you what I'm doing with this let me Zoom this up here the standard deviation two to standard deviation three okay let me show you what my settings are you're can you just show me what the settings are this is what I got I usually change this to Central Bank dealers range when I'm really showing you Central Bank dealers range but since this is been deviations of agent range I just change it whenever it's necessary for your learning but I just Ed the numbers interchangeably I don't need it for my own personal charts cuz I

know what I'm looking at this is what I have have now you have a video in the mentorship content that shows me giving you the levels to have the like 9.5 then 10 then 10.5 then 11 I don't do that because I can get more bang for my buck using it this way and you're probably asking what is this level right here okay I saw this question on the Forum So you you're going to get the answer here this level is just simply the split just like flout CU we do flout based on the 50%

measurements so words if the the flout measurement is the highest high and the lowest low or the body's highest high and lowest low that total measurement is flout but we do projections based on the 50% of that range so all this is is the first projection of 50% of this range low to this Range High okay and I'll show you what I mean by that here is the high and the low of that range right there here's 50% of that okay so if I get a little box to show you graphically it may not look

like it but all is is this that measurement right there okay so here's 50% of that we'll take this away get rid of that box oops don't want to do that I want to get rid of not the deviations there you go so that this box represents half of the range here now if we break below this that takes us right to that first level right here okay that's all that it is it allows me to keep my indicator clean and it's also very mysterious if I end up inadvertently showing something on uh a Twitter

uh chart or something like that I I just I'm I'm afraid I'm going to end up sharing this stuff you know um by accident so I'm doing recordings and I'm always doing administrative Works while I'm doing it sometimes and I may flash a chart and I may not catch it when I do my editing because I'm speeding up the chart that's hours long and I'm compressing it all down into 45 seconds so I'm I'm aware that I may flash these types of things in the chart and it's just going to be basically teaching so what

this allows me to do is this gives me one half of this range here and then I can visually see another half would be here and then there's the standard deviation one so don't be thrown by the standard deviation one because that number ain't going to jive with what was taught to you in the core content I do that because people and I've seen a lot of these people do it they go all the way up to month 11 and they quit I don't know why they do that but there's a lot of uh gaps

even in the core content because that's why there's a charter membership okay the charter membership I drag that out too there's a lot of content that I have to bleed out very very slowly because there's telegram uh chat rooms out there that are sharing people's content that got kicked out and they think they're smart by giving out this PDFs and such this PDFs aren't helping anyone okay they're not they just allow you a place to put your notes at when I give you amplifications of lessons so when we have these levels like this I can

visually see where the mid levels are okay and if you want to get real precise for instance this daily low here this is the low I was looking for it to reach down into this is where we hit a full standard but Watch What Happens it goes right to a mid uh mid level there's your mid mid level there and I'll drop it right on the 50% and you'll see it Nails the low perfectly okay so it gives you your I can see the mid uh levels okay without needing to do all this but if

I want to get the actual level broken down to a specific price point here that's all I do is I drop a fib on between standard deviation one standard deviation two wherever the 50 level is that's where I drop a line and then I know what I'm looking for so that's that but we're looking for opportunities to hold again with these setups with shorts above the European open after a potential turning point which we got last Friday on your um dollar CAD we opened up the week before it even started trading with the likelihood that

the dollar could succumb to its bearish seasonal tendency and allow foreign currencies to Rally up um if you look at the seasonal tendency for Canadian dollar from your core content uh it does have a rather slippery looking sideways consolidation during these next couple weeks but then during April it really starts to tear higher with a seasonal tendency um and that would be bearish for dollarcad because it's the inversion of the Futures market for Canadian dollar so just as a a measure of completeness um we will look at this little moment in here I gave you

guys the price action entry uh or institutional orderflow entry drill how to get your entry prices uh if you look at this little area right in here same thing this is a balanced price range we look at the opening here why the opening here and not the bottom here okay the opening price here is essentially the closing price on this candle so we want to look at the close I'm sorry the open down to this candle's high right here right there okay you see that right there to this candle's opening this is all cell side

IM balance byy side inefficiency it's inefficient in its up delivery or how price is going to go up it's lacking that okay it does not it doesn't need to fill this entire range doesn't need to do that sometimes there's this common gaps that exist in price action this this is why I say that we want to use the 50% of that level okay and you can look at the bodies of the candles see that yes we get this little erent price of a spike here and I'm not trying to say that oh look it's trade

industry cuz that's not what I'm don't get tripped up by that we're focusing on the 50% level okay look at the respect of the price action there again the bodies of the candles are where the bulk of the volume is we trade there boom open right there doesn't trade any higher than that is starts to roll right over this to me is such a beautiful thing to see over and over and over again okay I teach this as consequent encroachment you know this is what we're allowed to expect we don't need to see it go

all way up and close the gap okay if we get straight up to that price point and start to roll over many times that sign that signals a very stronger trade idea than if it was to go all way up and fill the Gap in this case it just says okay this is really really weak so it since it can't close the gap man it's just it's heavy it's really really heavy heavy being that it's very bearish we have equal loads in here so you could be a seller up here if you've missed this using

this as your narrative we rated above the European open sold off aggressively equal lows Candy Land liquidity pull sell side liquidity sell short here deer projections below all right so we have our equal lows here and here's 10 Pips 20 right there 20 Pips Bingo we got one little Wick down down below it okay simple it spreads to that 50% of the standard deviation between standard deviation 2 and standard deviation three okay uh I think we'll probably see this trade to tomorrow uh that price level but that's model number two how we use it with

reversal market profiles and you just simply look for elements that would support the idea again using the European open as your filter when we're bearish we want to be selling short above that if you don't want to be selling above it and you're bearish you don't trust your ability to pick how far it'll go up the easy man's approach or easy ladies approach to getting short is this extending the uh Asian range low when bearish and your sell stop would be below that after three I'm sorry after U six 100 or european open time that's

again we're not shifting time zones or nothing like that because of daylight savings time kill zones we do not shift times with that either okay we just add one more hour to the back end of it so in other words if we've used our 11 to um 13 for kill zones for New York open now it goes to 11 to 14 you're just adding an extra hour Okay and like I mentioned in the mentorship I just keep the extended hours as standards on my chart okay or at least in my analysis I don't draw out

boxes and represent you know kill zones and such in my own analysis I know I'm looking for and I know the time window I'm working in but because I'm a educator and you're learning from me I'm obligated to kind of like put those annotations on the chart and that's the way you pick it up I don't need to learn it you guys need to learn it so by me putting it on the chart and those lipsticks help communicate when and where it's salient so hopefully you found this teaching in Cel and we'll be back again

in 2020 with an additional insight to this model next month we'll be working on an amplification for model number three till talk to you next time wish good luck and the trading