Uploaded by Fabsaenz

2022 ICT Mentorship Episode 13

advertisement
2022 ICT MENTORSHIP EPISODE 13
M A R K E T
S T R U C T U R E
B R A V E H E A R T
S T U D Y
F O R
P R E C I S I O N
N O T E S
T E C H N I C I A N S
C O N T I N U E D
INTRODUCTION
Welcome!
Disclaimer: None of the contents within this PDF should be considered professional advice. It is merely for entertainment purposes only.
If you have been following me on YouTube lately, you know that I help Traders reach their full
trading potential.
The aim is to be the bridge between who Traders currently are and who they want to become.
With that being said, the concepts mentioned in belong to "The Inner Circle Trader".
https://www.youtube.com/c/InnerCircleTrader
All the infomation within this PDF can be found on The Inner Circle Trader's YouTube Channel.
BRAVEHEART TRADING
Dedicated to Freedom and for Reaching Your Full Trading Potential.
Twitter: Click Here
YouTube: Click Here
Before identifying Market Structure like an Interbank Trader, we must have the current market narrative.
NARRATIVE LEADS TOWARDS A DRAW ON LIQUIDITY.
A DRAW ON LIQUIDITY GIVES US OUR DAILY BIAS.
This will be derived from the Long-term Perspective.
In this example we will use the Weekly and Daily Chart as our Long-term Perspective.
What is the current market narrative?
Are we going higher for Buy Side Liquidity or to Rebalance a SIBI?
Are we going lower for Sell Side Liquidity or to Rebalance a BISI?
Click Here for more insight on Daily Bias
Click Here for Advanced Market Structure Part 1
What is the current market narrative?
What is the current market narrative?
What is the current market narrative?
What is the current market narrative?
NARRATIVE!
On an Intermediate Perspective, if Price is drawing towards Buy Side Liquidity...
EVERY DOWN CANDLE IS BEING USED FOR BUYING.
Down Candles will hold as Support.
Up Candles will break as Resistance.
Do NOT lose the desire to hold the trade.
Neophyte Traders will experience FEAR every time Price retraces.
Interbank Traders understand that Down Candles will be used as Buying Opportunities.
IF YOU UNDERSTAND THAT PRICE WILL WANT TO REACH THE BUY SIDE LIQUIDITY...
Every down candle is the chance for Smart Money to accumulate new long positions.
Intermediate Term Framework
Bellwether Chart
Incorporating Techniques from Episode 5
Incorporating Techniques from Episode 5
Entry Refined to a 1 Minute Chart Since 15 Minute is not desired
You want to follow a TOP DOWN entry approach as discussed in EP 10
Do NOT lose the desire to hold the trade.
Neophyte Traders will experience FEAR every time Price retraces.
Interbank Traders understand that Down Candles will be used as Buying Opportunities.
IF YOU UNDERSTAND THAT PRICE WILL WANT TO REACH THE BUY SIDE LIQUIDITY...
Every down candle is the chance for Smart Money to accumulate new long positions.
Questions to ask before you enter on an Order Block:
1) Does Price want to reach higher?
2) Does Market Structure support your Order Block?
YOU CAN ALSO USE AN IMBALANCE AS SUPPORT INSTEAD OF THE ORDER BLOCK
Does Price want to reach higher? - Takes out Liquidity Pools
Does Price want to reach higher? - Market Structure Break
Does Market Structure support your Order Block?
2) Does Market Structure support your Imbalance?
Now a SETUP should be available on the Lower Time Frames
The setup forms when :
a) Price trades back into an Intermediate Term Order Block.
b) A occurs within a Kill Zone
A) Price Trades from an Intermediate Term Low by trading in a FVG.
The setup forms when :
a) Price trades back into an Intermediate Term Order Block.
b) A occurs within a Kill Zone
B) Setup forms during a PM Session
THE INTERMEDIATE TERM PERSPECTIVE GIVES THE FRAMEWORK.
DO NOT IDENTIFY STRUCTURE FROM A SHORT-TERM PERSPECTIVE.
Short-term Perspective is your Bellwether Timeframe.
You will use it for Entry Purposes
If the Risk: Reward Ratio is not desired,
you can refine it even more on the Lower Time Frames to find a Risk: Reward Ratio that is desired.
High Probability Order Blocks have an FVG paired with them.
High Probability Order Blocks are blended with Time Theory.
Parent Order Block and Subordinate Order Blocks
SUBORDINATE PRICE STRUCTURE IS DIRECTLY LINKED TO THE ORDER FLOW FROM THE HIGHER TIME FRAMES.
THE BULK OF THE VOLUME IS COMING FROM THAT PARENT STRUCTURE.
HOWEVER...
WE CAN NAVIGATE THAT VOLUME FROM THE PARENT STRUCTURE WITH SUBORDINATE STRUCTURE.
Once you know what you are looking for, you can take Lower Time Frame Order Blocks Entries...
This is done by knowing:
Bias
Narrative
Draw on Liquidity
SUBORDINATE
ORDER BLOCK
MARKET NARRATIVE
NARRATIVE!
BIAS
BIAS - APPLYING CONCEPTS FROM EP 10
BIAS - APPLYING CONCEPTS FROM EP 10
Taking Lower Time Frame Order Blocks towards a Draw on Liquidity
AFTER AN INTERMEDIATE SWING LOW FORMS,
Order Block's and Imbalances on a Short-term perspective to hold.
THIS IS WHERE INTERBANK TRADERS ARE BUYING.
Trust that price will reach the Objective as long as Down Candles still SUPPORT price.
INTERMEDIATE-TERM LOW HAS TO HOLD UNTIL THE OBJECTIVE HAS BEEN MET.
If you are in Open Profits, this is how you would also manage the trade...
Trail your stop-loss underneath an Order Block and Imbalances as the trade progresses.
Full Close!
3rd Entry:
Full Risk
(0.25%)
By understanding the Range from Intermediate Term Low to the Draw On Liquidity...
YOU CAN NOW PARLAY A TRADING ACCOUNT VIA PYRAMIDING
You will need:
1. Intermediate Term Low
2. Draw on Liquidity
2nd Entry:
Full Risk
(0.5%)
1st Entry:
Full Risk
(1%)
Full Close!
3rd Entry:
Full Risk
(0.25%)
Every Time Price Retraces into an Order block or Imbalance...
That is a Pyramiding Opportunity.
You are halfling your risk every time you enter a pyramid opportunity.
You only want to be finding pyramiding opportunities if the objective has not been met Yet.
2nd Entry:
Full Risk
(0.5%)
1st Entry:
Full Risk
(1%)
Hypothetical $10,000 Account (Full Risk being 1%)
Full Close!
Trade #3
$25
Trade #2
$50
Trade #1
$100
WAS THIS HELPFUL?
Take the next step.
FOLLOW OUR JOURNEY PROVIDING VIDEO CONTENT FOR THE TRADING MARKET.
Our YouTube channel looks at a broad range of subjects including Trading Motivation, Trading
Lifestyle, Trading Educational Content, Podcasts with various experts and much more.
Subscribe Today!
Join my newsletter.
YOUR ULTIMATE ONE-STOP NEWSLETTER TO ACHIEVE TRADING GREATNESS.
Weekly emails on self-improvement, mindset, psychology, trading skills, business, and more.
No spam, no bullshit. 100% privacy.
Your e-mail will never be shared with anyone.
Sign Up!
BRAVEHEART TRADING
Dedicated to Freedom and for Reaching Your Full Trading Potential.
Download