ICT Mentorship Core Content - Month 03 - Institutional Sponsorship

okay folks welcome back this is lesson three of month three of the mentorship we're going to be dealing with specifically the institutional sponsorship and how to identify it in setups first we're going to look at the institutional sponsorship in long setups key to identifying institutional sponsorship and long setups is the notation of a higher time frame price displacement and that can come in the form of a reversal an expansion or a return to fair value intermediate term imbalance and price now this is a move to discount or a sell side liquidity run in other words

the price is going to actually retrace or it can begin by going below an old low to run out the cell stops once one of these two occurrences appear in your chart the next thing you'll be looking for is short term buy liquidity above the marketplace now this is going to be ideal for pairing long exits to sell to and obviously you're going to be looking specifically for time of day influence i.e london open for the low of the day or a new york session low formation now it's important understanding that number one and number

two are the criteria which sets up the expectation for institutional sponsorship then we see the actual institutional sponsorship come in by way of attacking the marketplace for the buy side liquidity that would be resting above the marketplace in other words we have buy stops typically above old highs when we're when we're short uh the assumption is and again i teach the role playing model that gives us the perspective of a market maker so you have to have that market maker perspective on price so we look to sell high but we have to find buyers that

are willing to buy higher from us so the criteria is we have to look for short-term buy liquidity above the marketplace now it's going to be layered by stops throughout the marketplace because it's there's all kinds of trading that goes on it's long-term sling trade short-term day trading scalping but you have to look at the higher time frame for that short term buy liquidity to give us a framework to see if there is in fact institutional sponsorship in your setup and obviously you'll see these characteristics come to fruition by studying the time of day influence

now obviously you're not just studying it eventually you're going to be actually treating in the marketplace at these specific times of the day long and open new york session london closed and sometimes asia and obviously the opposite would be for institutional sponsorship in short setups we were looking for again much in the same way we saw for the long setups it's in reverse higher time frame price displacement and that's going to come by way of a reversal or expansion or a return to fair value and an intermediate term in balance and price that's seeing price

move to a premium or moving towards the buy side liquidity make a run on the buy stops and then short term sell liquidity below the marketplace this is going to be ideal for pairing short exits to cover and obviously those sell stops we're going to be buying those from the counterparties in the marketplace and just like we did with the long setups we would be looking for time of day influence i.e london open high of day or new york high formation now in this specific teaching we're only dealing specifically with the institutional sponsorship seen in

long setups everything you see in the example would just be reversing that for the criteria used in the short setups okay we're looking at a higher time frame chart okay just for disclosure sake this is a japanese yen us dollar versus yen and we're looking at a daily chart of that particular pair and i've gave you an ideal scenario where we can study a sample set of data okay and it's not cherry picking you guys can go through charts and actually see some of these things that come to fruition many many times but the criteria

is for our setups to be high probability we have to have institutional sponsorship now what is institutional sponsorship specifically it's the willingness to protect an underlying price swing that has high probability of unfolding now i'm going to outline that throughout this entire teaching but i want you to understand simply institutional sponsorship is just the impact of large institutions banks and big equity traders coming in to fund the side of the marketplace that you anticipate seeing it run towards a particular side of the marketplace for instance we're looking at a buy set up we're going to

be measuring and trying to identify characteristics that lead us to the assumption and ultimately in an understanding of institutional sponsorship as a concept so that way we can go forward in our trading and start looking for these fingerprints that are many times repeating over and over again when we use higher time frame setups now looking at this daily chart you see it shows price dropping down below an old low this is typically where cell stops are going to be residing or as we call it a liquidity pool cell stops will pull below this old low

and everyone that would be wanting to go along they would have a cell stop right below that and the fact that because everyone's doing that same idea putting a sell stop here that's where the idea of a liquidity pull all those orders are pulling together okay and creating a pocket if you will of selling interest now it doesn't mean that they want to go selling short okay some folks out there would see that as a particular uh interesting level to be short at a later time should we break below it but in this case when

we see a price run like that we obviously have to assume again it's that market efficiency paradigm again participants are looking to protect long positions there so it's not that they want to get short they want to get out of the long position so if we ever see a a part a price move the cell stops are ran out now an aggressive trader they can see this as an opportunity to go into a lower time frame as that low is violated here right on this candle here you can go into a lower time frame and

look for a similar pattern because price is fractal that means everything you see on one time frame is replicable on the higher time frame and the lower time frame so in other words it's going to have a lot of similarity throughout all the time frames because price is still what price so you can look into a lower time frame and actually study the price action and come to uh basically the same idea you're seeing here an old low so we would wait for short term um price action on a lower time frame to create that

same scenario which is a low being violated because everything on price is fractal by having that understanding and expectation we can take a long position but we're going to go one step further and we're actually start looking for evidence of institutional sponsorship now looking at this setup okay what's the first thing that comes to mind for you as a trader obviously going back to the september's content there are some things i told you look for in terms of studying price action what should you be focusing on well if we're anticipating a market move higher from

down here after a run below the old lows we start looking for okay where could this market go to well we have a short-term high here we have a short-term high here look at this big candle here i wonder what that's going to suggest to us and how about this old high back here we have a nice price move here price could ultimately go back up here or it could just come in this area here closing that range or can come up and clear these relatively equal highs remember the things we talked about in september

i gave you as bullet points for you as soon as you go into a price chart those are the same things you look for all the time they're not changing not morphing it's the same premise every single time we look at price action but looking at what we see here prices forming a potential bullish order block now this old high here obviously we know what's going to be resting above that it's going to be buy stops well we have a down last down candle here price is now reaching into that right here and it's also

just one more time into that area right below this old low so we did one more time poke our head just below that level so we can anticipate now some sensitivity and protection of seeing the price not go lower that's what we're anticipating so if we see that we're to see what characteristics of institutional sponsorship that means the banks are coming in and they're capitalizing that old low back there that means they're buying it again notice again that range up here what is that it's a liquidity void so inside this liquidity void and above this

old high what do we have up here this is called buy side liquidity that means there's a willing participant or pool of buyers up there okay so when we start talking about open float we'll be referring to a lot of these ideas as well but openflow can be a little confusing because it's relative to the time frame you're looking at so while we're working on higher time frames i'm just going to focus primarily on classifying this as what it is to buy side liquidity in the marketplace so as a market maker they see these opportunities

to sell the run the stops that are below this old low below and all the low to take to sell stocks what is that implying they're probably accumulating those sell stops in the form of taking the buy side of it so if they're willing to buy those buy uh buy those sell stops up that means they're primarily building a net long book and if we have suggestions in the marketplace in the form of price action suggesting that we have buy side liquidity in the form of liquidity void and old equal highs back here we may

see in fact a very easy low risk high probability trade scenario to be long and obviously you see the results of price later on takes off and fills that void in now by itself you may not have caught that trade you may not have seen this trade you may not have seen it as we're describing here because obviously we have the benefit of hindsight but let's assume for a moment we're going to go through the characteristics of what we just outlined in the beginning of this teaching what we have to look for is higher time

frame dis uh displacement and price that's what you're seeing right here this is higher time frame price displacement that means there is clear evidence that there is a large entity entering the marketplace and the reason why we know that is because if this is a daily chart daily charts are not going to move that dynamic without sponsorship behind bit by banks or large institutions or big equity traders again the reason why we focus on the daily chart is because that's where the banks are trading off of those levels are key to those institutional level traders

so when we see this obviously we have to go back to where did that move begin yeah everything has to have a origin so we go back to the beginning of that price swing that higher time frame price displacement has to have a root price level at which we can classify as an institutional sponsorship level in other words where everything started from so if we can arrive at that we can break down the marketplace and wait for another opportunity should it get down to that level again that comes in the way of this order block

right here that last down candle we're using the body of that candle here not so much the wick because the book is basically the body of this candle as well price comes down and hits that level now again to identify institutional sponsorship in a particular segment of price action you need to see immediate dynamic response if it's lethargic if it's not willing to move right away that means there is no institutional orders in that area so therefore if you're in a trade and you see that lackluster activity the first thing you should be thinking is

either reduce risk cut the position in half or just completely bail on the trade you can always re-enter at another time you can always go back in on another continuation pattern but do not force yourself to come to marry a idea that it has to be just because you entered the trade and the trade idea doesn't show you evidence that it wants to move in your favor dynamically don't ever regret or feel bad about wanting to clap collapse that trade because even if it moves in your favor after you collapse it if you have the

uh the characteristics that we're describing here in this teaching in your trade and you start seeing it chances are you're probably not in a good mood okay if you're on the right side of the marketplace the market's going to move dynamically immediately as soon as you get in if you are offside you're going to see either the market hauling him hauling and back forth uh you know stalling and then ultimately uh you know reversing on you that's the worst scenario i'd rather have my losers be immediate you know show me that there's an evidence that

i'm on the wrong side of the marketplace and i'm offside but sometimes it won't happen sometimes it'll be really lethargic and they'll start to squeeze on you slowly and then just about when you realize you're you're on the wrong side then they'll accelerate towards your stop or you know if you don't have a stop it really it hurts worse but that's why we use stop-loss orders but when we see this cell stop uh low capitalized by this buying in here okay we see this higher time frame price displacement that means the elephant has put itself

inside that pool i did a teaching on my tutorial page where i kind of gave you an analogy where if you had a small children's swimming pool in your backyard and you filled it up with water and an elephant stepped inside that small children's pool what would happen obviously one of two things the if it's an inflatable pool it probably would would collapse but if it could withstand the fact that the elephant was in that small children's pool the fact that the elephant getting in that pool would displace the water it would rise up above

the brim of that pole and overflow and that's what we're seeing here this is the evidence of a large body or entity that has a lot more money than us and they got into the marketplace here how do we know that because price surged and against the daily chart so if price can get back down to that level again price should see as a responsiveness on the upside so we're going to start looking for signs and evidences of institutional sponsorship there because we already identify an area where price should see return to buying again because

it had a strong willingness to want to be bought up at this level here so we're back down that level again so we should see upside momentum or if not for anything else a short-term bounce that we can actually trade and take some profits off of so focusing on this bullish order block here that's where the institutional sponsorship is going to begin and it comes in a way of a bullish order block so we have this idea when we take this information we can transpose all these levels down to a lower time frame but i'm

going to build on this idea with this time frame here so we got one and number two of the criteria when we're looking for institutional sponsorship we see higher time frame displacement and we see price trading back down into a discount and closing in basically returning to a fair value or back to an old area where it was bought up the last time the next level is where where's the short term buy liquidity that means the buyers that would be above where current price uh market is right here this where we're assuming the price would

be at the time where would be the logical area where we'd expect to see the banks want to unload those long positions if they're going to buy here where would be a where would there be a ideal scenario for them to want to sell those long positions well we have a short-term high here we have a short-term high here but we also have this old swing high back here which was the midpoint of this overall price swing here okay so we had a consolidation accumulation price explodes okay and it reverses up here and it comes

back down back down to the area which it was brought up again if we see a willingness to go up we have to take our position off at logical areas so we want to see the willingness to see the market run back up into these highs here run those buy stops run those buy stops above the short term high and then ultimately we want to see this high as well retreated too now if the market can come back above this old high here that's showing a willingness to do what hold for higher prices so if

they're going to hold it to this level here where would be the next level on this chart that you consider for unloading long positions by the banks well above this old high there's buy stop liquidity obviously as we noted earlier so above the marketplace we have buyers that would be willing to buy up here because why they have a short position here and again it's at market efficiency paradigm you have to think in terms of the market as the market maker so there's going to be buyers up here so if you're going to be a

bookmaker okay at the bank and you're buying your net long on your book down here you want to unload where 10 pips 15 pips up no obviously not that you can't move your positions in and out you're controlling such a large book in a large equity base you want to get it out of up here why because there's going to be a pool of buy stops up here in the form of protecting short positions there's a large degree of buying interest because of that very very nature of what we're seeing in price the market has

traded lower they've trailed their stop loss to just above this high here just above this high here and stubborn or very strong willed bears will have their by stop protection right above this old high here or their protective uh buy stop for their shorts and would be resting just above that high basically so if you're going to be buying down here like a bank you're going to be looking for the move to go up to here and price obviously goes up there and hits it now here's the thing as price hits that level right up

here what's it doing it's pairing orders with buy stops so that by stop liquidity is gone so what's the next level of institutional order flow suggests price may go to that old high back here and what's resting above that old high buy stop liquidity so now think for a moment we have a daily chart here where cell stops were ran out price was willing to go higher came back down in that same area here they bought it up ran an area of buy stock liquidity and we have an old high back here still if it's

going to go up here that means it's going to be highly unlikely for it to come all the way back down to this level again why would that be unlikely because we've seen this low here and it rallied higher we've seen this lower low here that went below this old low and it rallied up we came back down to that same level here and they bought it again now this time we were able to move above this old high so market structure on the daily chart has now changed to bullishness so if we see this

the whole premise behind this teaching is institutional sponsorship should protect price from ever coming back down into this area here so don't think just because we rallied up here let's go back down here and let's wait for a price of good and give us a buy signal here and then get us a ride up to that level up here no that's not how it's going to happen we've already cleared an area right here this old high and now think if we were trying to buy here okay and our ultimate objective would be to take our

profits up here if we grade that swing this would be origin this would be the midway point or equilibrium and in terms would be up here so there inside this little section of price action would be the first grade of that price swing this is equilibrium or midway point then there's going to be something up here probably before we get to that level and then ultimately up here terminus so we have four stages of that price swing to identify and institutional sponsorship should support price at those logical areas in price down here usually it's pretty

quick they don't want to get you an opportunity to get in there okay and once it takes off you gotta look at the equilibrium price point of the overall price leg you're trying to capture in other words we're trying to buy down here and get off our position up here so we're trying to buy down here and sell to the buy stop traders up here in other words anyone that's bearish to have a buy stop above here or they think this market's going to be a breakout uh candidate if it gets above that high those

buy stops are our target but in here we do not expect to see price come all the way back down to this level because we've already seen it trade from this level here this level here this level here and now we have market structure breaking on a very intermediate term basis with this old high being violated here so now looking at this we could see what we have a down candle in here price is already moved to the midpoint of that candle right there even though it's a down candle this is an opportunity to anticipate

price doing what being protected here so institutional sponsorship okay should be identified in this area here they should not see price come lower and if we see that then it's going to be a high probability the market's going to want to reach up for this level up in here which is aiming for these old buy stops so we're going to take a look at that whole thing in the form of a four hour chart as price came down hit that level here and gave us that same fractal idea trading below an old low okay because

that's what we saw on the daily chart price goes just below that old low here and rallies off now think for a second what's actually occurring here what's actually happening what's this right here what's these two down candles forming well it's dropping price but it's dropping at a specific level or going into a higher time frame support level what is it what's that create when it does that it's a bullish order block it's down price or down candles at an anticipated level of support or we expect to see institution order flow send price higher so

in other words we're expecting we're anticipating that that bullishness in price obviously we have by stop liquidity above this short term high that short-term high and ultimately we have those buy stop liquidity resting above the high that we were just mapping out earlier each time the market goes up and takes out a level of bicep liquidity we don't collapse the trade entirely we don't look for reversal patterns we do not look for divergence and indicators every time we get to an old high here we're looking for a willingness to keep moving higher to run these

longer term buy stops as price takes that first level out those buy stops are gone what's missing now the liquidity in the form of buy stops above that short-term high so what we'd be expecting to see is price continuously look to go higher to go after the what the next level buy stops and that comes in the way of those old highs here but not losing sight of the buy stops above that higher high price surge is higher runs through takes out the second level by by stop liquidity now notice what's happened here while it

was a dynamic surge through that second level buy side liquidity it fails to go back to that old high this is classic price action now think about what we've talked about earlier we had the original uh point of which the price swing began or the origin then we have the first area or the first scale of that price swing in here then price goes up and now we're getting just about to the point which the equilibrium price point would come in the way uh in the formation for analysis what we would look for the fact

that price has an unwillingness to go lower that would be evidence of what institutional sponsorship in order we're not seeing them allow price go lower that's basically all i'm saying in clear terms so again those buy stops are gone and we're focusing primarily on the move justified by price action is it going to still go for those buy stops above that old high here and ultimately it runs up and snaps through that old high you can see price ending that at the terminus but notice what we have here price has moved in grades and it

has moved up into what would be deemed as equilibrium on the daily chart so let's take a closer look of why this was such an easy expectation and how institutional sponsorship could aid you in your price action study when you see by start liquidity as your targets what what things should we see in price action to help support these ideas we're gonna take a look at this in the form of lower time frame chart and again outlining why the buy stock liquidity is ran out okay we're looking at a four hour chart of that price

swing you can see the price swing here high that's this move here this whole price swing and we're going to look at institutional sponsorship throughout the entire price swing you probably already noticed there's some blue line segments on there so we're going to start talking about some super secret sauce we're looking at now a 60 minute chart and i want you to take a look at the reactions that happen from the blue line segments okay and i want you to look at it real close those blue lines are one of the coolest things i discovered

about price action and not only is it indicative of what future price direction may be but it also gives us prognostication for future setups it doesn't just give us a right now what should be support or resistance it gives us a fruit a future prognostication for where setups may un unfold at a later time so let's zoom in a little bit okay and i'm going to add again the levels on those short term highs and we're going to note them as the old high so every time you see that little gray horizontal line segment what

we're actually drawing your attention to is these old highs here and that's going to be in the form of those old buy stops okay so again you can see there's gray lines here and all that's jones just delineating those old highs in the form of price now i don't want you focusing on price numbers or anything like that i just want you focusing primarily on price action alone the delivery of price is all we're interested in talking about specifically for this teaching and we have the beginning of the move here price trades down back into

now this is the run below that previous low so we see price making that low and then we see a reaction then we see price trading lower okay all these down candles is building what that four hour order block okay it's a bullish order block beginning right there so that high on that candle begins the order block that would be deemed a bullish order block on the four hour chart but because this is a smaller time frame we're going to have a lot more candles obviously so i want you to take a look at the

blue line segments okay what i'm delineating there is the opening price at midnight in new york okay if we suspect that price is going to be bullish we can look at the opening price at midnight in new york and if we're expecting a price to move higher what we see in the form of institutional sponsorship is price when it goes below the opening price at midnight should be accumulated so here's the opening price later in the day this is new york price trades higher okay here's the opening price at midnight the next day we're not

concerned about the movement above it we want to see what happens when price goes below it okay now obviously going below the opening price here we have what what's all this this is a liquidity void okay price is going to do what return back down into an older block price does what the very next day it opens trades lower and does what rallies the next day we open we trade lower and then we rally the next day we open small little move below the opening price an institutional sponsorship steps in again and sends price higher

the next day the opening at new york's midnight candle trades lower again and what happens institutional sponsorship steps in one more time and they buy it again rallies up we start moving into consolidation and we'll look at each individual stage and price action as we look at it here the first one is we have that bullish order block and price comes back down it snaps right back into it right here five pips added to the level you could be a buyer at that point again this is in the london time frame the next one here

is down candle rate at the opening price in other words when we find the opening price and then we're going to be looking for a down candle that down candle should be seeing capitalization of new longs we see that come to fruition when the down candle is violated okay so let me go back to this for a moment we have this down candle here this becomes an older block that's bullish when this candle trades through it so at a later time when it hits it here you could be a buyer and it has to be

below the opening price of that day now it can happen during london or it can happen in new york either one is still good viable trade the next day here we see what price trade below the opening price we have a small little order block here and this one here as well but we're going to uh we're going to say we're not going to worry about that one because we're trading at equilibrium okay we're going to wait for an order block to form which we see right here so between this high here and this low

here we're essentially trading at equilibrium so when we're at equilibrium price points like that we want to see price give us an order block to give us the justification for wanting to expand higher and away from the equilibrium we see the down candle here draw that out in time price hits it here add five pips to that level we could be a buyer price takes off we have the opening price here trades disciple out here the down candle at that level now notice i'm using a down candle prior to that new day that's okay you

got to use the previous day's session sometime the down candle here is where it's being capitalized they're buying up more of it so the institutional sponsorship should be justified by saying what the down candle being violated on the upside which you see it here so when price comes back down it doesn't come right down to on price i don't want to give you every possible you know perfect scenario and then we see another opening price trades down but we get a down candle here and it's violated on the upside so this becomes a bullish order

block so you could be a buyer here so now think in terms of power three power three is the concept i teach as it relates to the daily open high loan close bar so in other words a time frame of daily charting if your minimum trading is trying to capture the bulk of that daily range you want to be buying near the opening on an up day and exiting on the close and obviously it sounds like you know everyone should know that but the problem is is 99 of everyone doesn't know how to do that

okay it's easy to hear conceptually say oh yeah of course it's obvious but try doing it so what i have taught is power three is when you're bullish you want to be buying near or below the opening price this scenario does that every time it gets you either at below or very close to the opening price and allows the the range to expand for you and you get a higher close the reason why we're expecting each day to have a higher close each day moving from a low up to a higher high close from a

low to higher close a low up to a higher close a low up to a higher close a low up to a higher close and again a low up to a higher close ultimate low to a higher close and we start a new day here we can't see it on this chart yet but look what's happening price is being drawn up to that first old high and look what it does once it gets her up that old high it starts staying sideways it's consolidating okay traditional support resistance players will see that old high as resistance

and they'll want to sell short so what's going to happen they're going to sell short sell short shelf short and they'll see what price go nowhere and their buy stops will be just above this old high and then you run through them again they come back down capitalize new longs and then extends it up where to the old high here the second one and what's happening there same scenario they give you a reason to expect this thing to go lower because it's resistance old resistance okay should be sold that's what classic textbooks say so what's

going to happen is they're going to take a short position put their stop loss another buy stop right above this oh hi they take those positions out right here so they're not going to see what any lower prices but we send price back down again into this old order block let's pick the next slide so price in here that's where that's where we just left off at price comes back down into that order block here right there rallies up and now this is where we stop we stop short of the ultimate terminus or the objective

of the price swing it has a retracement and goes lower now this retracement lower will get everybody excited thinking it's been a high formed okay so dollar yen should be trading lower get short dollar yen everyone's going to have that on the forums everyone's going to be talking about on twitter for you know social media everything and it's only just going to go back down to this order block over here okay the same capitalized order block that we saw on this initial run here why is this one being used again because we had this old

area of institutional order flow in the form of the old high at this point that's when classic support resistance works because why we have an unfulfilled objective up here with that old higher high so price comes in accumulates that same position here consolidation back to the consolidation expands up off of an order block but i want you to think about all these down candles in here all these down candles on a 15 minute time frame creates a larger order block on a higher time frame draw that out in time that's the reason why we're seeing

price trade here so yes the market opens here trades lower closes in the range here is liquidity void back into the order block here and then we have the opening here it doesn't go lower can't do anything with this yet so it has to expand so we can't do anything with a buy on this day here we wait to the next day the opening price trades back down closes in its void back to an order block here and the beginning of all these down candles that's the buy here the next one here's the opening price

here it trades just below it here but it's dipping into this down candle which is the order block from the previous day in new york okay so i want you to think about where these order blocks are forming you're referencing old bullish order blocks from the previous day or maybe three sessions ago and you can buy old bullish order blocks because they're going to do what recapitalize them that's institutional sponsorship they're defending specific levels why should they be defending these particular levels because their vested interest is to see it go above that old higher high

where they're ultimately looking to try to take out all of their long positions yes they're going to scale out some here they're going to scale out some here they may scale out some about here and here but ultimately they're trying to drive it up here because that's where a large degree of buyers are going to be and price ultimately trades down off that candle here and rallies up and ends at terminus so i want you to think about when you're looking at price action everyone asks for what's the order block to use well it starts

with understanding where the market should go okay and that starts by looking at what we talked about in september which you should be focusing on right now down candles right before the up moves up candles right before the down moves looking for liquidity voids looking for old lows to be violated and then rallied off of that's a turtle suit or an old high to be rally through and then rejected and trade softer that's a turtle soup cell all these ideas okay begin to start taking shape in your in your price action study but you have

to use specific generic things like time every order block that we refer to here is linked to a london session or a new york session and they're happening from the previous day or a couple days ago but the idea is they should be capitalized again because there is an underlying interest for the market maker to see price go higher so they're not going to allow much in way of retracement but if it retraces it's going to go back to logical areas in the form of bullish order blocks or running an old low now the lows

can be again the same way an old previous new york session or london low they'll take out the sell stops below the lows and then rally it up the same thing can be seen with the bullshotter blocks you want to be focusing on the london session and the new york session and using these down candles in those previous sessions to give you new buying opportunities if you're seeing that come to fruition in your charts you are seeing and identifying institutional sponsorship every one of your successful trades will have this hallmark the characteristic of seeing these

recapitalized order blocks and seeing the moves you gravitate towards these higher time frame liquidity pools in the form of buy stops when you're long when you have that it makes trading very easy it's it's allows you to relax and not get so freaked out when you see these retracements like here okay all this is is right before the last push up to go to where ultimately the price may go now i don't want to sell the idea that it's always going to go to your levels okay because you're going to have to do a lot

of learning you know studying these ideas but i want you to focus primarily on the characteristics i've shown you here specific order blocks that take place at london and new york okay they will help you discern whether there is institutional sponsorship in your particular trade if you see the lack of that chances are you're probably offside and you're going to want to reduce ris the risk on the trade or maybe go to the sidelines and wait for another opportunity so until the next time wish you good luck and good trading