Daily profiles describe the different formations of daily candles, specifically focusing on their OLHC or OHLC. This concept helps traders identify potential reversal points, trend continuations, and market behavior during specific trading sessions
In this PDF, we will cover three main profiles and their characteristics: 1. Classic Buy/Sell or London Reversal Profile 2. New York Reversal Profile 3. Seek and Destroy Profile 4. Profile Invalidations.
Eleven_Trades 1.Classic Buy / London Reversal Profile
After the daily candle opens, the low of the day is typically formed during the London session, between 2:00 to 5:00 AM EST, around key levels. The reversal is confirmed by an Intraday Change in State of Delivery (CISD), which can be observed on the M15 or M5 timeframes.
Entry: Once the CISD is confirmed, your entry opportunity is the next candle open following the CISD confirmation. Alternatively, take the continuation entries during the New York session. Use continuation Order Blocks to engage in the market
Eleven_Trades H
NY Continuation O
London Reversal 1.Classic Sell / London Reversal Profile
After the daily candle opens, the High of the day is typically formed during the London session, between 2:00 to 5:00 AM EST, around key levels. The reversal is confirmed by an Intraday Change in State of Delivery (CISD), which can be observed on the M15 or M5 timeframes.
Entry: Once the CISD is confirmed, your entry opportunity is the next candle open following the CISD confirmation. Alternatively, take the continuation entries during the New York session. Use continuation Order Blocks to engage in the market
Eleven_Trades London Reversal
NY Continuation O
L 2. Bullish New York Reversal Profile
When the London session consolidates or makes an opposing move to the intended direction, it is likely setting up to create the low of the day. The New York session often reverses this, forming the low of the day around volatility drivers. The Daily Low or reversal is confirmed through an Intraday CISD, best observed on the M5 timeframe, with entries on the M3 timeframe.
Entry: Once the reversal is confirmed, a close above the downclose candle will offer your entry point. Be cautious to confirm the setup on LTF, as New York tends to have exaggerated expansions.
Eleven_Trades H
m5 an m3 entries
London Consolidation NY Reversal 2. Bearish New York Reversal Profile
When the London session consolidates or makes an opposing move to the intended direction, it is likely setting up to create the high of the day. The New York session often reverses this, forming the high of the day around volatility drivers. The Daily Low or reversal is confirmed through an Intraday CISD, best observed on the M5 timeframe, with entries on the M3 timeframe.
Entry: Once the reversal is confirmed, a close below the Upclose candles will offer your entry point. Be cautious to confirm the setup on LTF, as New York tends to have exaggerated expansions.
Eleven_Trades NY Reversal
London Consolidation H
m5 an m3 entries
L 3. Seek and Destroy Profile:
Market Behavior: This profile occurs when the market is not trending in a unidirectional way. The low or high of the day isn’t confirmed, and price tends to fall short of High and Lows, with both sides of the London session being manipulated. This kind of profile often presents a no-trade environment. No Entries: If you notice a Seek and Destroy profile in action, it’s best to stay away from the market. The absence of a clear directional move and failure to confirm highs or lows make it too risky to engage.
Eleven_Trades No protected High/low to trade away from
New York
London
Close Near open
Profile Invalidations:
Overnight Expansion: If there’s an overnight expansion to the Draw on liquidity, it’s a sign of profile invalidation. War and Conflict: Unexpected news such as war or conflict-related events entering the market increases the uncertainty, reducing the probability of valid profiles. London Session Expansion: If the London session expands without first creating a clear high or low of the day, consider the profile invalidated.
Eleven_Trades Expansion Without Creating low of the Day Socials:
