Trading inside the range

• Range is the move from one peak to another peak

• Inside the big range I will have small ranges (pull packs) and each of the pull back is potential for
taking trades and take profit

1. Fulfilled range
o When the price has traded to and away from support and resistance

2. 2. Unfulfilled range
o When price is expected not to the support and resistance

Range Expansion and Range Contraction

Markets always moves from small ranges to large ranges
o I need to be in the trade when the range has contracted and I will be profitable during the
range expansion if im trading with the market flow

MONTHLY RANGE
 Determine the current market structure
 I should Understand where the market is trading from and where it is reaching to
(support and resistance)
 Focus on swings and turning points
- Use mt4 fractal indicator to see the swings
- Swing points on Monthly Time Frame has a huge impact on where the price is
going to go.

 Note the key S/R levels

 I use the most recent high and low of the current big range
(small ranges within the big range)
THE AVERAGE DAILY RANGE

- I Align my trades to expectations to 5 ADR

- If the range was contracted for 5 days, I will be expecting an expansion. ‘
- Once trade entry is determined. I have to stalk ADR objectives.
- I anticipate profit objectives near ADR (If ADR 100 pips, my target profit around
80-90 pips)
- Expect 5PM TO 6PM SAT, ADR convergences and my other technical to confirm
profit taking objectives.
- Load ADR indicator around 12PM SAT

CENTRAL BANK DEALERS RANGE (THE FLOUT)

- Every day I expect to see a consolidation from 10PM to 2AM SAT (THE FLOUT)
which continues into Asian Session
- During this time smart money are analysing the market based on the open
positions to see what their next move will be
- This will help me to know where the High and Low of the day might form.
- Look for entire range between 10PM-7AM (NO trades between these times)
 USE H1, mark the high and low of 10PM-7AM (Mark the body of the
candles and ignore the wicks)
 I then mark the middle of the Range (Sellers will be below the middle
of the range and buyers will be above it).

- Draw the deviations of (10PM-7AM) above the range and below the range,
then extend horizontal lines at every deviation.
 For sell trade expect high at 1 deviation above the flout
 After high is made, market will fall 2 deviations below the flout
 Expect high to form in London.
 For buy trade I do the opposite.
- I expect the flout to occur between Monday, Tuesday and Wednesday
- Sometimes price will go a little bit above/below the flout

EASY TERMS

- I measure the number of pips from the low to high of 10PM-7AM SAT range
- SELL : The high of the day will form at the same number of pips above the
10PM -7AM SAT range(1 deviation).
E.G : If flout is 20 pips, the high of the day will form at 20 pips above flout .
- The target or LOD will form at 20x2 below the flout(2 Deviation), which will
be 40 pips below the 10PM-7AM range.
 BUY : The low of the day will form the same number of pips below the 10PM-
7AM RANGE ( 1 Deviation)
- E.G : If flout is 20 pips, the low of the day will form at 20 pips below flout .
- The target or HOD will form at 20x2 above the flout(2 Deviation), which will
be 40 pips above the 10PM-7AM range.

- The ideal High/Low of the day will form at 1 deviation above/below the flout but
it can go up to 2deviations for Reversal Market Profile (LC/NYO reversal)
- My ideal take profits are 2 deviations but it can go up to 3
- I always consider HTF analysis to know direction of trade

JUDAS
I expect to see Judas at the following places:
 Key support/resistance
 Previous high or low
 Counter swing from optimal trade entry
 Raid previous week high/low
 Raid previous session high/low
 If I’m trading London, I look for the Asians stops to be raided
 If I’m trading New York, I look for London stops to be raided
 If I’m trading Asian, I look for New York stops to be raided

Times I expect to see Judas

 12PM SAT – this Judas will form setup NY session OTE
 5PM SAT – this Judas will setup London Close trade.
 8PM SAT – Not important I don’t trade beyond 8PM

I can use these timings to get in sync/if I missed the London trade, I can then trade
NY or the London Close.

Turtle Soup
 Turtle soup pattern is when the price breaks previous 20 days high or low.
 Most of the time when price breaks above the previous 20 days high or below the
previous 20 days’ low, it will trade back to the range
 Turtle soup pattern on lower time frame is when price breaks above previous high
or below previous low (pools of liquidity)
 Buy when price breaks below previous 20 days’ low and buy when it breaks above
previous 20 days’ high
OUTSIDE DAY WITH DOWN/UP CLOSE (RANGE EXPANSION)
 Outside day is when a day has higher high and lower low than the previous day candle
 If PDH & PDL was taken today and market close down at key support level (outside day with
down close), that is bullish indication and if market close up at key resistance level (outside
day with up close), that is bearish indication

INSIDE DAY (RANGE CONTRACTION)

 Inside day is when a day has lower high and higher low than previous day candle
 When this scenario unfolds expect the range to expand to the direction of the market

THE ENTRY CONCEPT • Focus on optimal setups o Consider Day of the week and time • Apply the
power if three, range expansion and range contraction concepts o Don’t trade on Sunday/Monday,
just watch the price action and anticipate the potential move • If bullish, anticipate Banks to sell first
• If bearish, anticipate Banks to buy firs • Exploit the raids of old swings and expect patterns to form
to confirm entry – Judas swing/turtle soup

TRYING TO CAPTURE EXPLOSIVE FOREX PROFITS

WEEKLY HIGHS AND LOWS

 The Weekly High or Low forms 80% of the time between Sunday's /Monday’s Open &
Tuesday's London Open. When it fails, it will likely form between Tuesday's London Open
and Wednesday's London Open.

WEEK’S OPENING PRICE

 Identify the Opening Price for the Week and keep it noted on the chart through the trading
week.
If we’re bullish on market conditions
 I look for an opportunity to go long when the LOW is formed (likely to form before Tuesday's
London Open)

If we’re bearish on market conditions

 I look for an opportunity to go short when the HOW is formed (likely to form before
Tuesday's London Open)
Nothing significant occurs without first leaving tell-tale signs on long term basis (MN, WK, D1, H4 and
H1 chart