Uploaded by Eddie Wang

Smart Money Concepts

advertisement
Skip to content
The Prop Trader
ICT Concepts • Funded Trader • $ES $NQ
 INDICATORS
 SYSTEMS
 1-ON-1
 MENTORSHIP
 TOOLS
 PROP
 BOOKS
 ICT
 CONTACT
 LOGIN
 Twitter
 Telegram
 YouTube
 LinkedIn
 Google+
 Email
ICT SMART MONEY CONCEPTS
ICT SMART MONEY CONCEPTS INTRADAY CHART
IPDA DAILY MACRO CYCLE
SESSION
Liquidity Accumulation
London Open
Overnight Session
Pre-Market
NY AM Session
FedWire Security Movements Open
US High Impact Data
Market Hours
London Close Macro
London Close Price
London Fix Macro
London Fix Price
NY Lunch
NY PM Macro
NY PM Session
DTC Settlement
Market Close
After Hours
Asia DTCC Settlement
Asia
TIME
1845 – 0330
0200
0400 – 0800
0800 – 0930
0800 – 1100
0830
0830
0930 – 1600
0950 – 1010
1000
1050 – 1110
1100
1200 – 1300
1330
1400 – 1600
1545 – 1615
1600
1600 – 2000
2000 – 2100
2000 – 0030
ASIAN RANGE KILL ZONE






The Asian Range Kill Zone is from 20:00 to 00:00 ET
The AUD, NZD, JPY pairs are best suited for this time of day
The Asian Open can setup an OTE pattern that can offer a 15 to 20 pip scalp
The pairs coupled with the USD or crosses are not active during this time of day
Most of the time it is usually a consolidation
The importance of the consolidation holds many clues to how the daily range will
develop over the remainder of the trading day
LONDON OPEN KILL ZONE






The London Open Kill Zone is from 02:00 to 05:00 ET
The EUR and GBP pairs are best suited for this time of day
The London Open frequently sets an OTE pattern that can offer a 25 to 50 pip scalp
It has the highest probability of creating either the high or low of the day
The price action during the London Session sees the highest probability of a large
directional move in the 24hr day.
When the bias is to trade higher on the daily timeframe, we can focus on the session
to post the low of the trading day. If the daily bias is lower, we can focus on the
session to post the high of the trading day.
NEW YORK OPEN KILL ZONE






The New York Open Kill Zone is from 07:00 to 10:00 ET
The FX Major pairs are best suited for this time of day
The New York Open frequently set up an OTE pattern that can offer a 20 to 30 pip
scalp
The price action during the New York session is largely influenced by the 08:30 Data
Embargo
The session typically has 2 potential scenarios – continuation of the London move or
a complete reversal
When the daily bias is clear, it is easiest to look for confirmation of that direction in
the London price action. If London agrees with the daily bias, we can anticipate the
New York Open to offer a continuation setup.
LONDON CLOSE KILL ZONE




The London Close Kill Zone begins from 10:00 to 12:00 ET
The FX Major pairs are best suited for this time of day
The London Close Kill Zone frequently setup an OTE pattern that can offer a 10 to 20
pip scalp
The price action seen in the London Close typically sees a retracement off the highs
or lows of the day


There is typically a 5 minute OTE setup in these conditions
The London Close ends with the London Fix at 11:00 ET. The direction of the day or
week can change during the London Close
PRICE DELIVERY (PD) ARRAY MATRIX
OTE FIBONACCI RETRACEMENT SETTINGS
1
0.79
0.7
0.62
0.5
0
-0.27
-0.62
-1
100% – PREMIUM/DISCOUNT
79%
70% – OTE
62%
50% – EQ
SCALING OUT – TP1
TP2
TP3
SYMMETRICAL SWING – TP4
ICT SMART MONEY CONCEPTS TIME FRAME ANALYSIS
WEEKLY
DAILY
H4
H1
M15
M5
Identify the next Draw on Liquidity DOL – BSL/SSL/EQH/EQL/FVG
Key Levels – PD Arrays/OTE & Daily Bias/HTF POI
PD Arrays/OTE/MS
Identify MMXM & FVG/PDH/PDL
Intraday Structure/London & NY Killzone Time & Price Entries
Execution/Intraday Liquidity Grab/MSB Trades
POWER OF 3 – $DXY
3
3×3
3x3x3
3x3x3x3
3x3x3x3x3
3x3x3x3x3x3
3x3x3x3x3x3x3
3
9
27
81
243
729
2187
N/A
N/A
Session Range
Daily Range (27-54-81)
Weekly Range
Monthly Range
Yearly Range
ICT CONCEPTS RULES BASED TRADING MODEL
1.
2.
3.
4.
5.
6.
7.
Check Economic Calendar
Identity Weekly & Daily Inefficiencies/DOL
Is the current Order Flow Bullish or Bearish?
Determine the HTF Dealing Range
Look for PD Arrays on LTF chart
Wait for a Run on Liquidity
Define the LTF Dealing Range
8. Anticipate a Change in the State of Delivery
9. Wait for a Continuation Setup
10. Target Inefficient Price Action
ICT SMART MONEY CONCEPTS ABBREVIATIONS
AMD – Accumulation, Manipulation, Distribution
ATH – All Time High
ATL – All Time Low
BISI – Buyside Imbalance / Sell Side Inefficiency
BMS – Break of Market Structure
BPR – Balanced Price Range
BRK – Breaker (+BRK = Bullish Breaker / -BRK = Bearish Breaker )
BSL – Buy Side / Buy Stop Liquidity
BE – Break Even (Moving your stop to the place where you entered the trade)
BOS – Break of Structure
CE – Consequent Encroachment
CSD – Change in the State of Delivery
CBDR – Central Bank Dealers Range
DOL – Draw on Liquidity
DH – Daily High
DL – Daily Low
EQH – Equal High
EQL – Equal Low
FPOL – First Point of Liquidity
FVG – Fair Value Gap
FVFB – Fair Value For Buying
FVFS – Fair Value For Selling
FA – Fundamental Analysis
HL – Higher Low
HH – Higher High
HTF – High Time Frame
HOD – High of Day
IOF – Institutional Order Flow
IOFED – Institutional Order Flow Entry Drill
IPDA – Interbank Price Delivery Algorithm
IDM – Inducement
ITH/ITL – Intermediate High/Low
KZ – Killzone
LO – London Open
LOKZ – London Kill Zone
LP – Liquidity Pool
LQ – Liquidity
LV – Liquidity Void
LL – Lower Low
LH – Lower High
LTF – Low Time Frame
LOD – Low of Day
MA – Moving Average
MB – Mitigation Block
MH – Monthly High
ML – Monthly Low
MMxM – Market Maker Sell/Buy Model
MS – Market Structure
MSB – Market Structure Break
MT – Mean Threshold
M-SL – Manual SL
NYKZ – New York Kill Zone
NYO – New York Open
OB – Order Block (+OB = Bullish Order block / -OB = Bearish Order block )
OF – Order Flow
OTE – Optimal Trade Entry
PA – Price Action
PB – Propulsion Block
PDH – Previous Daily High
PDL – Previous Daily Low
PMH – Previous Monthly High
PML – Previous Monthly Low
PSH – Previous Session High
PSL – Previous Session Low
PWH – Previous Weekly High
PWL – Previous Weekly Low
POI – Point of Interest
PO3 – Power of 3
QM – Quasimodo
RJB – Rejection Block
RR – Risk to Reward
RRR – Retracement Reaction Rally
RTB – Return to Breaker
RTO – Return to Order Block
SH – Stop Hunt
S/R – Support & Resistance
SIBI – Sell Side Imbalance / Buy Side Inefficiency
SL – Stop Loss
SMR – Smart Money Reversal
SMS – Shift Market Structure
SMT – Smart Money Technique / Tool
SP – Stops Purged
SSL – Sell Side/Sell Stop Liquidity
TA – Technical Analysis
TDO – True Daily Open
TDC – True Daily Close
TP – Take Profit
TL – Trendline
TSBM – Turtle Soup Buy Model
TSSM – Turtle Soup Sell Model
VB – Vacuum Block
WDYS – What Do You See?
MARKET MAKER BUY MODEL (MMBM)
MARKET MAKER SELL MODEL (MMSM)
The Prop Trader
Download