EPISODE 2: Elements to a trade setup

 Between 8:30 and 10:00 (NY session) is the sweet spot to trade, there is usally a
setup you can find.
 High frequancy trading algortithms will use market structure on a 1M, 2M , 3M
chart, many times <1M TF.
 There are simple elements that repeat, what you are looking for is :

1. A run of liquidity, buyside or sellside liquidity (buy stops/sell stops). If you are
bearish you are looking for buy stops to be ran, then a break in market structure lower
a short term low being broken. Vice versa if you are bullish.

EXAMPLE:

In this example below the daily bias was bearish. As you can see there was a consolidation
phase and it swept SSL to trigger sell stops, to let retailers think that we are going down.
Then what happened is that we went to BSL, triggering the buy stops and let retailers think
that we are bullish. In both these scenarios the retailers hitted their SL. There is now enough
liquidity being taken. Now the BFI makes the move down to the weekly SSL.

As you can see on the chart there is a FVG in the discount area. Price can reverse here so it is
a good target to set your TP area.
EPISODE 3: Internal range liquidity &
market structure shifts @KelvinFX_
 When there is a run above/below relative EQH/EQL (BSL/SSL), you are
anticipating a market structure shift. You are not forcing it. you are not trying get a
head of it.
 When a short term high/low is taken, it does not need to close above/below that.
That is really important.
 After a short term high/low is taken, you want to pay attention to the next candle.
Does it create a FVG? the candle after is where you would look to potentially trade
at the earliest.
 Internal range liquidity is looking for short term lows/high inside a price leg that we
are retracing back into.
 Annotate on the 15M timeframe for your BSL and SSL pools and then going down
to the 1M, 2M or 3M timeframe.
 Whenever there is 2 FVG after a market structure shift, the idea is you let it trade
down to the lower one, you need to sacrifice that. If it trades down there and it comes
back up into the second/higher FVG, you want to enter when it is in there and expect
that the lower one wont be retraded into it again.
EPISODE 5: Intraday order flow &
understand the daily range
 We dont trade between 12:00 and 13:00 this it the lunch time in New York. It can
do alot of weird things in that hour or simply do nothing and go sideways.
 08:30 till 17:00 is the best time to trade (New York killzone)
 If you have EQH and there is HH and HL forming towards these EQH then it is in a
accumulation phase and it will take out the EQH. This also applies for EQL but vice
versa.
 Around 13:30 NY time there is an algorithm macro that starts running, this create
movements in equity markets.
EPISODE 6: Market efficiency paradigm &
institutional order flow
How do we internalize price delivery?

1. Do not trade patterns for patterns sake.

2. Do not trade indicator readings or momentum.
3. We look to enter longs where retail sells.
4. We look to enter shorts where retail buys.
5. We anticipate price seeking opposing liquidity.

 Smart money doesnt use indicators, what they are specifially looking at is
time and price. The most important thing is time and is the most crucial
element. So time of day is vital when we are engaging price. Retail doesnt have
any understanding or affinity for time.
 Smart money traders are not looking at price with a pattern to trade off. They are
looking at liquidity.

The ICT FVG

The bearish ICT FVG

1. The institutional order flow pattern is based on a three candle formation.

2. The optimal formation of the Bearish ICT FVG, will be found after a run into
buyside liquidity.
3. Typically found just above a single price high or multiple price highs in a relative
basis. (double top/EQH).
4. There is an algorithm that delivers efficient market delivery.

The bullish ICT FVG

1. The institutional order flow pattern is based on a three candle formation.

2. The optimal formation of the Bullish ICT FVG, will be found after a run of sellside
liquidity.
3. Typically found just below a single price low or multiple lows in a relative basis.
(double bottom/EQL)
4. There is an algorithm that delivers efficient market delivery.

The Market Structure Shift

The bearish market structure shift

1. The market will see price delivery off a rally above an old high or highs, then
quickly shift lower.
2. Significance is placed on the term “quick” and with displacement lower. Not a
small candle move lower or a wick only after a candle close. The candle need to
be closed under the short term low.

The bullish market strucuture shift

 1. The market will see price delivery off a decline below an old low or lows, then
quickly shift higher.
2. Significance is places on the term “quick” and with displacement higher. Not a
small candle move higher or a wick only after a candle close. The candle need to
be closed above the short term high.

Example

In this example below, we had a run of BSL to the 15M highs. The daily BIAS were shorts.
After the run of the 15M BSL, there was a short term low taken out on the 1M chart. This is
our market structure shift. As you can see there is a displacement and a FVG. Thats the area
where we take our short entry. Our first partial TP area would be in the FVG, because if you
draw your fib from the swing low to the swing high the FVG comes in the discount area. The
price can reverse here, so thats why we take partials at this level. Our second TP area would
be the relative EQL, because EQL are like magnets.

EPISODE 7: Daily bias & consolidation

hurdles
Dont try to be perfect, because your are not perfect and mistakes are normal.

 Embrace imperfection, the idea that you have to know everything. You dont have to
be right, being right is not equivalent to being profitable. This is a very important
factor.
 Dont be afraid of being wrong, thats a psychological barrier that you need to get over
it.
 For your daily BIAS, you are going to utilize the daily chart to determine whether or
not the next candle is going to be bullish or bearish.
 Once the price is consolidating around equilibrium on the daily chart, it gets very
difficult to determine a BIAS. You then have to rely on these smaller timeframe
intraday charts and simply looking for liquidity pools, so you are going to trade
intraday volatility. Running old highs/lows.
 Macro is something inside of an algrorithm that prevents or enables delivery of price.
  If you want to know how the market is likely to deliver, put some skin in the race. you
will have a greater feel for what it is doing when you put a order in. It doesnt need to
be a large order. You are reading the reaction of the market. You watch how price
deilivers around that order. Because you have money in it the position, you are going
to be more attentive to what price is doing and what you are familiar with reading
price than if you were just watching the charts paint the candles.

EPISODE 9: Power of 3 & New York PM

session opportunities @KelvinFX_
 Dont chase price, wait for information. What information are we waiting for?
whenever you see a big run up or a big run down, there is a consolidation that takes
place shortly after.
 The FVG is even better when you have the SSL resting below the short term low. So
if you missed a trade and it already went into the FVG where you would have been
taken a trade, you still have a chance that it comes back and sweep that short term low
and go back up again.
EPISODE 10: Implementing economic
calender events with the open
 If our BIAS is bearish we will see a daily chart that opens and then rallys above and
then imidiate go down again and close lower than the previous daily candle. The rally
above called distribution and the drop called manipulation. This is Open High Low
Close. If our BIAS bullish it would be: Open Low High Close
 BIAS is the most important thing to have less losses. because you will trade in the
right direction if you have it right. Every morning before you start trading, you first
check which way the market is likely going to move on that day.
EPISODE 12: Market structure for
precision technicians @KelvinFX_
 There are 2 questions that you have to have a answer on before you going to start
trading, to know where the market is going:

1. Is it likely going up for BSL or going down for SSL?

2. It it likely going up to rebalance or down to rebalance?

 Anytime a imbalance is rebalanced that becomes an intermediate term low or high

 intermediate term low and highs are formed at the rebalancing of an imbalance.
 If the intermediate term high is not higher than the two short term highs that is
telling you that the market is very weak. And the algorithm is tipping its hands to
those people that are looking at it like this. Smart money traders look at this.
 Smart money are looking at imbalance, rebalance and liquidity, that is it.
 When you see an imbalance get rebalanced, the high formed as it rebalances it, that
high should not be violated by price going higher than that if you are bearish.
 When you see an imbalance get rebalanced, the low formed as it rebalances it, that
low should not be violated by price going lower than that if you are bullish.
 When you are watching the charts, look everytime if the market rebalances a
imbalance candle. Classify that as an intermidiate high/low. Then watch how prices
stay away from violating it.
 While the market is moving in your favor, you are going to continue to trust that
move and hold on to your trade, because if you are bearish, up candles should keep
price below it. They may come back up and touch them and act as a orderblock, but
you do not want to see them traded above if you are bearish and vice versa if you are
bullish.

 If you are bearish and your intermidiate high is broken, then you have to move to the
sidelines and dont go in again. Wait for more setups.
 T**he daily chart,** thats exactly what institutions and banks are working off of.
Thats where the money is. Thats also where your BIAS going to be determined. The
majority of your time and study should be on determining where that daily chart is
going over the next day, two or a week.

EXAMPLE CHART FROM THE VIDEO:

The red line is the daily FVG that gets rebalanced. As you can see, when a imbalance gets
rebalanced its going to be called as a intermidiate high/low
EPISODE 13: Market structure for
precision technicians 2
 If there is a huge imbalance to the downside and it need to be filled by going up again,
then the algorithm is not letting the price going down, because its going to hunt the
stoplosses (BSL) of people who were profitable during the short. The algorithm is
going after everyone that been profitable going short.

 You determine your high probability bullish orderblock by having a imbalance

coupled with the down closed candle and the underlying narrative that its likely to
go higher to reach for BSL. You dont need engolfing candle or etc.. Just forget that, it
is the gap + the down closed candle + the idea thats likely to go for BSL.

 When an imbalance is filled, the candle that fills that imbalance becomes an
intermediate term low. That low should not be taken out, once it start rallying it
should not come back down there. If price is going higher, down close should support
price. If you see a downclose candle going down, it means it is going to the lower
downclose candle to accumulate more long positions. Smart money buys there. The
idea is that these down closed candles are one orderblock and should not be violated if
its bullish.
EPISODE 16: Multiple setups per session &
using higher timeframe analysis
@KelvinFX_
 You want to note the midnight opening price at 00:00 NY time.
 If you are bearish ideally you want to see the market trade above that opening price,
this is going to be manipulation. The manipulation is the running above a key level
when we are bearish. The name of the swing that goes above the opening price called
a “judas swing”. This is also vice versa when you are bullish.
 The majority of you analysis should be framed on your daily chart. Where is the
price likely to go? where is the expansion likely to take price higher or lower. Thats
the main thing you are trying to look for, because thats going to determine your
BIAS. It becomes so easy what you are looking for.
 The higher timeframe is providing you the frameworks. As in the chart example of
the video, the 15M FVG gets filled, but the 5M FVG didnt got filled. The 15 minute
timeframe is providing you the framework, it is giving you the context. We dont need
it to trade up into the 5M FVG. It could be we dont need it to.

 The algorithm seeks discount to premium and premium to discount. Within that logic
the market is reaching for liquidity in the form of BSL and SSL or imbalance or the
creation of an imbalance, FVGs or returning back to a FVG. Thats what all of these
algorithms do and they do it on the basis of time then price.
 When we trade above a old high, that old high becomes a discount array. This is
where old highs being broken become support, thats why sometimes the books have it
right and your analysis will be right about specific key highs and lows. Notice they
are not always consistent and thats the problem, so you want to know what makes a
old high or an old low real support/resistance.
 Old high broken will act as support if there is a FVG open to be filled.

 If you have 2 FVGs, aim for the closest one and put your SL above/ below that first
FVG.
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  CHART EXAMPLE

Checlist for this trade:

1. Displacement that took the swing low

2. FVG
3. FVG above the midnight opening price

EPISODE 17: Forex example

 07:00 - 10:00 New York time is the New York killzone for forex. During this time
you are hunting for a setup.
 A short trade to make it high probability, you want to see the price go above the
midnight opening price. You can combine this with the asian high.
 A long trade to make it high probability, you want to see the price go below
midnight opening price. You can combine this with the asian low.
 If you have TP target, always count a bit pips above your TP so you dont miss your
TP by spread.
EPISODE 18: Step by step approach by
using this model in Forex
 You start your BIAS at the daily chart.
 So if you are bearish you are going through the charts looking for setups that would
warrant a short setup. Vice versa if you are bullish.
 Frame the previous day high and lows as potential target area for your trades.
There is alot of liquidity around daily high and lows. institutional mindset traders
do this. And high frequency trading algorithms attack previous days highs and
lows.
 A Orderblock is valid when it haves an imbalance. Without the imbalance there is
no orderblock.

The orderblock in this example is the bearish candle + the 3 consecutive bullish candle.
The retracement back into that FVG doesnt need to get up into that last up close candle
before the down close candle, because there is a old orderblock before that FVG, as you can
see in this screenshot.
EPISODE 19
NOTE: in this video he went trough the recent PA that was happening that time. I am taking
some notes what sounds interesting to me

 If the chart is messy aka ranging and doesnt have a clear direction in price. Just leave
the chart and do something else.
 Knowing when to not do something keep you away from blowing your account.
 You do not need to trade every single day.
 judas swing is the move thats opposite to what you expect the daily range to be
 If we are bullish and the price is below midnight opening and below NY session
open, then we are in a really deep discount area. Vice versa if we are bearish. If price
is above midnight opening and above NY session open, then we are in a really
premium area. You can also apply this to london open.

EPISODE 21
 If you are bearish, the ideally setup is to see a rally above midnight opening (judas
swing) and then a heave drop below, but if the price doesnt even come above the
midnight opening and doesnt even go into the short term premium area, then the
market is extremely bearish. This also applies for New York opening price, if the
price doesnt even go above the opening price then we are really extreme bearish
market. This is vice versa if you are bullish.
 You dont have to participate in every single move, wait till the right setup and the
right confluences.

EXAMPLE CHART OF THE VIDEO:

As you can see the market was extremely bearish, because it didnt even went above the
midnight opening and the NY opening price, the market was just heading to the EQL (here is
liquidity)on
the daily chart.
EPISODE 22
 Anytime the market trades above an old high thats a short term premium, because its
going into liquidity.
 Anytime the market trades below an old low thats a short term discount, because its
going into liquidity.

EPISODE 25
 Seasonal tendencies are times in a year where markets or specific asset classes will
move generally (not always), they historically have produced price swings that follow
a seasonal tendency. That means they usually happen. A example is that may tends to
be a month where the market in index futures and stock they generally drops.
 Dont predict the bottoms or the tops, you will only lose money.
 These algorithms operate at New York time and it begins at midnight.
 These markets are controlled and they are algorithmically driven.
 At 08:30 New York time, thats the time where the alogrithm starts to seek for
liquidity.
 at 09:30 New York time the equity market opens. The 1 hour interval between
08:30 and 09:30, what we are expecting is when we are bearish is a run higher to
setup shorts. At 09:30 thats the manipulation time, where they create that little
opportunity where it looks likes its going to do something, but its generally the
opposite of what it looks like on the chart and retail is going to see that as a breakout
that the price is going higher.
 When we are operating in a bearish BIAS, what we are esentially saying is that the
markets is going to go up into a premium. For one of two reasons: a run an old high or
highs to take out BSL, so that way smart money can counterparty with them with their
short positions. They are going to sell to those buy stops. Then seeking to buy cheaper
SSL, that would be their pool of liquidity to offset/distribute their shorts.

EPISODE 27: Counter trend ideas

  Draw on liquidity, you can just think of its like a big magnet. Drawing price up or
down to a price.
 At lunch time it usually creates a retracement of some sort of consolidation.

EPISODE 30
 If you are bullish and it consolidates in lunch, find the lunch lows and wait for it to
run that out. And then they will resume to the upside again. This is vice versa if you
are bearish.

EPISODE 35
 At 8:30 and 09:30 New York time, they will create these SMT divergence. This
something to look into it. If you have a BIAS this is helpfull
 SMT usually will occur around 09:30 time period, when there has already been a nice
early run before 07:00 or at 07:00 New York time

EPISODE 39
 Price is delivered by an algorithm. There is no buying or selling pressure.
 Algorithmic theory is based on time and price.
 Price levels are useless until time is considered.
 Time is of no use, unless price is at a key PD Array.
 Blending time and price yields astonishing results and precision.