Dodgy’s Ultimate Trading

Course
Before we start…

● This course applies to futures indexes, forex,

gold, and oil
● I have seen it work on stocks as well but will
best be used for indexes the best, forex the
second best, then gold and oil, third best
Videos

● All these slides go along with a video, so make sure to watch the
video
● At the end of some of the videos, I will give you a small
assignment to do
● When ICT says “Study…” after his videos he never says what,
but when I say “study” you must complete the assignment I tell
you to do in a journal of some sort
About me
● Trading for 4+ Years
● Began studying ICT about 2 years ago
● Came from options + penny stocks
● Friend put me on ICT videos
● Gave up at first then became desperate
● Started with 2022 model
● Went to iFVGs because I had noticed when the 2022 model failed we went the
opposite way every time
● Made my own rules and backtested a way where I liked iFVGs the best
○ No single correct method
Housekeeping…

● This is not repackaged ICT

● I do not condone changing names of anything he taught
○ If you do change the names, I am extremely disappointed in you
● I teach what I have learned off his concepts
● The beginning of the course is very basic
● As much as I do not want to put the “basics” in this course because it’s basically stealing
what you can watch for free, I know there is lazy people who finds this easier
○ I also know that I organize it way better than ICT so that’s a benefit as well
● The main thing you should know from basics is FVGs + Liquidity, that’s it
● I mention a few other gaps but just be familiar with them, don’t need to use them
Funding
Funding
● PROS of prop firms (APEX, TOPSTEP) over a personal account
when starting off
○ You will become more disciplined
○ You will have to get used to following rules or you will fail
○ Better on taxes
○ Can write off accounts as business expense
○ Cheap (Apex is cheapest but toughest)
● Cons
○ Very difficult if you are not disciplined
○ No payouts right away
○ Trailing drawdown
● When Buying an APEX accounts,
use code “DODGY” for 71% off,
80% off, or 90% off, they usually
have a sale
My Prop Firm Risk (APEX Trailing Drawdown)
● General account rules on each prop firms website, I am not going over them
● Any size account
○ Max 3 trades per day
○ Two losses = I’m done, turn off the chart
● 25k account
○ $75 risk per trade
○ $150 drawdown per day (Max two losses)
● 50k account
○ $150 risk per trade
○ Max $300 drawdown per day (Max two losses)
● 100k account
○ $250 risk per trade
○ Max $500 drawdown per day (Max two losses)
● 150k account
○ $400-$500 risk per trade
○ Max $1000 drawdown per day (Max two losses)
Terminology You will not not need to know half of these
these are just here if you need to reference
BB - Breaker Block
BISI - Buyside Imbalance Sellside Inefficiency
BOS - Break of Structure
BPR - Balanced Price Range MTH - Mean Threshold (Blocks Only)
BRK - Breaker NDOG - New Day Opening Gap
BSL - Buyside Liquidity NFP - Non Farm Payroll
CE - Consequent Encroachment (Inefficiencies Only) NWOG - New Week Opening Gap
CISD - Change in State of Delivery OB - Orderblock
ChocH - Change of Character OTE - Optimal Trade Entry (.705)
DOL - Draw on Liquidity
PA - Price Action
EQH - Equal Highs
PB - Propulsion Block
EQL - Equal Lows
FVG - Fair Value Gap PD - Premium / Discount
iFVG - Implied Fair Value Gap PD Array - Any type of ICT entry (FVG, VI, OB etc)
HRLR - High Resistance Liquidity Run PDH - Previous Day High
IDM - Inducement PDL - Previous Day Low
IOFED- Institutional Orderflow Entry Drill PWH - Previous Week High
LRLR - Low Resistance Liquidity Run PWL - Previous Week Low
MB - Mitigation Block RB - Rejection Block
MMBM - Market Maker Buy Model SIBI - Sellside Imbalance Buyside Inefficiency
MMSM - Market Maker Sell Model SMT - Smart Money Technique
MMXM - Market Maker Model SSL - Sellside Liquidity
MSS - Market Structure Shift
VI - Volume Imbalance
Basics
Number 1!

● Make sure to have a understanding of the ICT mentorship! (

https://youtube.com/playlist?list=PLVgHx4Z63paYiFGQ56PjTF1PGePL3r69s&si=VcwZj1rypbYSRvXH)

○ For you lazy people (don’t be lazy)

■ My YouTube @DodgysDD
■ TTrades @TTrades
■ AM Trades @AM Trades
● I am going to mention content (probably in the videos, not the slides) you
won’t understand without an understanding of ICT
Market
Structure
Market Structure

● You Should ALREADY KNOW HOW TO READ MARKET STRUCTURE!

● Here’s a few refreshers…
● Only use SWING points for market structure, not random highs and swing lows
● Higher lows and higher highs = UPTREND
○ This also means “orderflow” is bullish
● Lower lows and lower highs = DOWNTREND
○ This also means “orderflow” is bearish
Market Structure
● ICT says if we break a higher low that can be a “MSS” (Market Structure Shift)
Market Structure
● I have personally found I like a MSS if the candle BODY CLOSES below or
above the swing high, not just the wick breaking
○ It’s more confirmation
○ You can use the wick below as the MSS but must be very sure on bias
Market Structure
● I also have found I prefer if we take out the LOW that MADE the high/HIGH
that made the low
○ This is called the “manipulation leg”
○ If we do not have a manipulation leg the play is lower probability
■ The manipulation leg stops retail traders (we are retail traders by the
way…) out so it’s much better
● Examples on next slides
● GOOD example of a bearish MSS because we CLOSE below the low that
caused THAT same leg of price to take out the swing high
● Pretty good displacement… red line is manipulation leg
● BAD example of a bearish MSS because the low we took out did not cause it’s
price leg to take out a swing high AND the candle did not CLOSE below the
low
● Very bad displacement below the low, no manipulation leg
● GOOD example of a bullish MSS because we CLOSE above the high that caused
THAT same leg of price to take out the swing low, manipulation leg
● Also it’s a LOT of displacement, the move is very strong (you can clearly tell just
looking at the candle
● BAD example of a bullish MSS because we DO NOT CLOSE above the high
and also that high we went over did not even take out the low that made the new
high
● No manipulation leg
● The difference between the two is one takes out the low and one does not
● The one that takes out the low is referred to as the “manipulation” leg
Market Structure
● You have to remember, a MSS on a 1 min time frame might not be a MSS on the
15 min time frame
○ This means you can short on the lower time frame for a scalp but in reality
the higher time frame is not bearish unless the 15 min low is
closed/displaced under
● Example on next slide
● The 1 min has a temporary MSS but the 15 min low did not break… this
means LTF is temporarily bearish but HTF is still bullish
● The fact we have a manipulation leg means you can probably get away with
shorting down to the 15 min FVG
● There is no manipulation leg in this example so it is much riskier shorting the
1 min (unless there’s an SMT)
Market Structure
● Speed + Displacement + Candle Close above/below swing high = best possible
MSS
My Little Way of Measuring Displacement…
● I use the fibonacci tool to draw on THE RANGE WE BREAK with 1, 0.5, and 0
● I then copy (hold ctrl on tradingview) the same fib and move a copied one to the top,
so I line up the “1” of the previous range with the “0”
● If the next leg closes over the 0 of the previous range and at LEAST WICKS above
the 0.5, I consider it good displacement
● SUPER GOOD displacement is if we go above the “0”
○ Basically this means we displace over double of the previous range
measurement
● I usually just eye it because I have screen time, but you can measure it if you wish
● Price clearly displaces above the 0.5 of the previous range
● Price clearly DOES NOT displace above the 0.5 of the previous range so this is not
good displacement
Last thing regarding MSS
● A MSS is different than a BOS
○ BOS = Break of structure
■ Usually we are ALREADY uptrending, so a BOS is just a break of a
previous swing high
○ MSS = Market structure shift
■ Usually this is when we CHANGE the trend, meaning we are in a
downtrend then the market shifts to the upside
● Also…
○ You might see the term “CHoCH” which stands for change of character
■ This is the same exact thing as a MSS or MSB (market structure break),
just different terms
Liquidity
Liquidity

● What is LIQUIDITY?
○ Where buy and sell stops rest
○ Imagine you are a retail trader buying at support, where would your stop loss be?
Under the support! This is where we as ICT traders target. The market always
wants to go here!
● You MUST understand liquidity before diving into anything else
○ Without liquidity, you have will have no model
Main Liquidity Pools You’ll Use
● Equal highs (EQH) ● Asia High
● Equal lows (EQL) ● Asia Low
● Previous Day High (PDH) ● London High
● Previous Day Low (PDL) ● London Low
● Previous Week High (PWH)
● Equal body lows
● Previous Week Low (PWL)
● Equal body highs
● Data Highs
● Data Lows ● Old bearish FVG
● Giant wick high ● Old bullish FVG
● Giant wick low ● Low/High inside FVG
● High of Day (HOD) (9:30-4) ● Low of Day (LOD) (9:30 to 4)
● LRLR
My Personal Favorite Liquidity Pools in order

1. Perfect Equal Highs/Equal Lows (on NQ only)

2. Data Highs and Lows
3. Highs/Lows inside a FVG
4. Relatively Equal Highs/Lows
5. LRLR

These 5 I pretty much use 80% of the time

Favorite
Favorite
Favorite
Favorite
Favorite
Two Types of Liquidity

● External Range Liquidity (ERL)

○ Highs and Lows outside the range
● Internal Range Liquidity (IRL)
○ Highs and Lows inside the range
● You should only being using swing highs and swing lows for
liquidity points!
Gaps/PD Arrays
● PD Array = FVG, Orderblock, Gap, ETC
● PD Array is just a term for every entry model that combined each
entry into one term
Fair Value Gap (FVG)
● Inefficiency in price
● If you do not know what an FVG is, you are lazy and need to watch 2022
mentorship (it’s free)...... (this is just a refresher)
● Can be used to be FILLED or for ENTRIES to Bounce/Reject from
○ All depends on liquidity
○ We expect an FVG to be filled if we have already ran buy/sell stops
○ We can expect a FVG to bounce/reject if we have not ran buy/sell stops yet
● If you think an FVG is a demand or supply zone, go watch the ICT 2022
mentorship because you are WRONG
● Bullish FVG - BISI (Buyside Imbalance Sellside Inefficiency) Fancy Name
● Bearish FVG - SIBI (Sellside Imbalance Buyside Inefficiency) Fancy Name
Other Gaps…
● Volume Imbalance
○ Don’t use this if you want to keep it simple, but make sure you know
what they are
● New Day Opening Gap
○ I only use this when they are obvious or I do not know the bias and I
need “more confluence”
○ Acts as support/resistance, and a magnet
● New Week Opening Gap
○ I only use this when they are obvious or I do not know the bias and I
need “more confluence”
○ Acts as support and resistance, and a magnet
● Both gaps draw using session close to new session open (16:55 Close 18:00
Open)
Orderblocks
● CISD = Change in State of Delivery
○ This is what an orderblock is
Watch this video by TTrades: https://youtu.be/CHIK5oBRKiw?si=oUk5DyMPJ0NTFYNu

Orderblocks
● Order block is next most important PD array after a FVG and liquidity
● We refer to an orderblock as the “change in state of delivery”
● Can be used for bias or entries, I do not use them for entries but any OB
combined inside an iFVG or an FVG is usually stronger
● You’re going to need to see lots of examples to understand an orderblock
● I prefer candles with a decent sized body (can’t be a wicky candle)
● Bullish Orderblock - ONE or SERIES of down close candles that purges
liquidity then gets closed above
● Bearish Orderblock - ONE or SERIES of up close candles that purges
liquidity then gets closed below
Bullish OB
Examples
● Good example because we sweep
liquidity, and OB lines up with FVG
which makes it stronger
● Bad example - We don’t sweep
liquidity (run stops) and we
already hit high of day so win
rate is much lower for these. If
we bounce off this and go
higher, it probably means there
is a higher time frame liquidity
pool we have not hit
Bearish OB
Examples
● Good example because we
sweep liquidity, and the
actual candle is a very strong
candle and not wicky at all
● Bad example - We don’t ● We were also probably
sweep liquidity (run bouncing from HTF FVG
stops) and this candle is - This means we will not
very wicky and does not reject any bearish PD
have a bigger body rays in the first place
compared to the wicks
● This still counts because delivering from a FVG (rejecting an FVG) can be just as
important as if we sweep a high or low
More Orderblocks….
● These will not come easy, you will have to watch and see a lot of
examples play out, it’s more of a “signature in price” you should
remember
● There are orderblocks that are CISD orderblocks
● There are orderblocks that simply just remain with the trend to tell
us orderflow, which I rarely take entries off of
● I prefer looking for CISDs to confirm the bias
○ If we get a bullish CISD I will look for a singular bearish
FVG to be violated and long it
Time
Time
● This is the most important part of ICT
● I ONLY trade during New York
○ New York Killzone
■ AM: 8:30-11:00 eastern
■ Lunch: 12-1 eastern
■ PM: 1:30-4 eastern
● If AM is good PA, PM will tend to be worse
● If AM is bad PA, Lunch/PM tend to be better
● London Killzone for my other traders: 2-5am eastern
○ I think London is fine to trade, but NY is the best in my opinion
Time
● Asia Session (DO NOT TRADE!!!): 20:00 - 0:00
● Any other time not listed here is just slow price action, or not good. Key
FVGs will be disrespected and the market has no intent to run any sort of
draw on liquidity
○ The reason why the killzones are the only thing I trade is because
THAT is when we run the draw on liquidity, and price expands
○ Price tends not to care about a draw on liquidity outside these times
which will cause you to get chopped up
News
● Forexfactory.com to see news (I only care about red folder USD news)
● Times I DO NOT trade (or trade a demo account only)
○ Wednesday PM lunch/PM session - Friday 8:30 NFP weeks
○ Morning AM NY session before FOMC
○ Session before JPOW speaks
○ Day before CPI
○ 9:30 - 10:00 if we have 10:00 red folder news
○ London session before 8:30 red folder news
● The actual NEWS is used for manipulation, so it’s best to wait until it
comes out so you do not get stopped out
Daily Bias
Daily Bias
● I primarily use inversion FVGs on the 1 hour/4 hour to give me the daily bias
● I only use the daily chart for a daily bias if we are INSIDE a weekly/daily
FVG or at an orderblock, then I will look for a reaction from it
● Daily bias is not necessary if you are scalping, but can allow you to hold
runners for bigger moves if you know what it is
● Examples on next slide on how I will look for daily bias
● When we are inside of a hourly or 4 hour FVG, the lower time frame will
tell you if we are going to respect it or not, NOT the HTF
○ If we are inside 1 hour bearish FVG and then we get a 5 min bullish
FVG that the market violates, we will probably be bearish
● Sometimes if there’s not really
any obvious FVGs and we are
kind of in the middle of
nowhere, I usually just stay in
scalp mode on the 1/5 minute
timeframe and look for
EQH/EQL
● Here is an example of when there are two hourly FVGs, so I see if the 4 hour hour
has an OBVIOUS singular one (and indeed this example does)… I then wait for the
reaction
● This is the 1 min time frame inside of a 1 hour bearish FVG. The lower time frame is
clearly bullish here and we are respecting the bullish OBs + FVGs, so that tells us we
probably won’t reject the hourly FVG and go to the highs
Summary of Daily Bias
● My MAIN goal for daily bias is:
○ Look for obvious FVGs/OBs on the daily/weekly timeframe
○ If we are not in any obvious singular FVGs, I just look for:
■ 1 hour/4 hour obvious inversion FVGs
■ Reactions off 1 hour/4 hour normal FVGs
○ Some days will have nothing obvious, and that’s okay
■ If this is the case I will stay on 1 min/5/15 min and be in scalp mode
● I like waiting for EQH/EQL that form intraday
○ The reason why I am so efficient in finding daily bias is because I do NOT
marry a single bias, I adjust based on reactions I see (UNLESS it’s super
obvious and we have eql/eqh and we are delivering from FVG)
● Example of a scalp I took because I was unsure of bias, however those EQL give
me a really nice quick scalp. Once they form, you know bias is temporarily
bearish to the EQL IF we get the frame work, daily bias is not required for this,
however, PATIENCE is
MMXM
MMXM (Market Maker Model)
● Once you see what a MMXM is, you will never be able to unsee it
● No matter what time frame I am on, I always look for a MMXM
● There is two MMXMs
○ MMBM - Market Maker Buy Model
○ MMSM - Market Maker Sell model
● The market always moves from INTERNAL range liquidity (IRL) to
EXTERNAL range liquidity (ERL) or vice versa, this is how to identify a
MMXM
○ IRL - ERL
○ ERL - IRL
● This is the Market Maker
Buy Model

● This model is NOT

religiously followed,
meaning there does not
have to be the exact
consolidation phases as
this picture shows
● This is the Market Maker
Sell Model

● This model is NOT

religiously followed,
meaning there does not
have to be the exact
consolidation phases as
this picture shows
MMXM
● The next slides will shows LOTS of different MMXMs I have annotated over
the past year, you will see they always have the same signature in price but
can tend to be a little different
● They all have the SAME curvature
● After you see these examples, I will show you guys on how to actually
IDENTIFY them
● After finishing the MMXM section, just know that identifying a MMXM
took me screen time
○ I do not try go identify both sides of the curve, just the second half to
keep it simple
MMXM
● Monthly PD Array->Daily MMXM
● Weekly PD Array->4H MMXM
● Daily PD Array->1H MMXM
● 4H PD Array->15M MMXM
● 1H PD Array->5M MMXM
● 15M PD Array->1M MMXM

● “If you are on 1 hour, use entries on 5 min for the MMXM”
MMXM
● As you can see, most examples are very similar regarding the curves?
● But how they begin?
● My goal to spotting a MMXM, is NOT to spot the whole sellside and buyside
of the curve
○ I wait for one of the curves to form, let’s say the sellside of the curve,
then try to predict when the buyside of the curve using IRL/ERL
● To actually identify a MMXM, you must identify if we are coming from
ERL, or IRL, and then target the opposite liquidity pool
● See how these models form? We always take some sort of liquidity inside then
range, then go outside the range, OR purge liquidity on the outside of the range
and go back to the inside of the range
MMXM
● Remember, the start of the model is usually hindsight (the first half)
● You will be entering after the reversal happens and take it back up to
internal/external liquidity
● If that chart does not make sense to you at first, here is my FAVORITE type
of MMXM (Next Slide)
● This is the easiest MMXM to identify…
● This is the easiest MMBM to identify because we purge internal liquidity, AND
bounce from a HTF fair value gap meaning we should go back to external liquidity
● This is the easiest MMSM to identify because we purge internal liquidity, AND reject
from a HTF fair value gap meaning we should go back to external liquidity
“Confirmation
Setup”
“Confirmation Setup”
● Whenever I refer to a “confirmation setup” all I mean is a SECOND
setup out of an important area, such as an orderblock or FVG
● If we are inside an old 15 minute FVG that is giant and I do not know
where to long, I will go to the 1 minute time frame and look for a
SEPARATE 1 minute framework/model to enter on WHILE still inside
the 15 minute FVG
○ This is what the confirmation setup is in a nutshell
● This is basically just like a second setup inside a key area instead of
blindly longing the first setup
○ Usually a confirmation setup has much less risk
● Two setups here, second one is confirmation setup out of the bigger zone
○ The bigger iFVG is bigger risk but the confirmation setup has a much smaller
risk
● As you can see, the confirmation setup is the SECOND setup here while STILL
respecting another important spot
SMTs
SMTs (Smart Money Technique) (Divergence)
● Bullish SMT - One index makes a lower low and other index makes higher low
● Bearish SMT - One index makes a lower high and other index makes a higher high
● Newer people only use SMTs between ES and NQ, more advanced can use YM, but I
believe ES and NQ are the most useful
● SMT is a CONFIRMATION, NOT an entry model
○ Just because we have a potential bearish SMT, does not mean short if we have no
model/framework
○ If we have a bearish SMT but are still holding a bullish FVG, that means do
NOT short unless we violate the FVG
● The one that makes a “higher low” is the stronger one, however I have seen the weaker
one hit buyside and the “stronger” index not hit the highs
○ So if I am in NQ and ES hits the high, I will scale my position on NQ just in case
(unless NQ has perfect EQH, in that case stop will be at BE)
● Even though we are not delivering out of anywhere here on NQ (left chart), and
we did not sweep liquidity, this would still be a good iFVG to long on NQ because
of the SMT confirming it
Inversions
(Main Model)
Inversion Fair Value Gaps
● PROs
○ High win rate
○ Can be used for both bias and entries
○ Market tends to accelerate after triggering an inversion which makes the
play move faster
● CONs
○ Risk to reward can be tough figure out depending how you do it
○ There’s LOTS of inversions, but it takes time to identify the good ones
● When should you expect inversions to form? (AKA FVGs getting
violated)
○ After liquidity sweeps! If we sweep a low, why would you expect a bearish FVG to
reject? You wouldn’t…
BE = Stop loss to breakeven (this applies to any slide I use the phrase “BE”)

Inversion Fair Value Gaps

● An inversion fair value gap should form based on liquidity, and we should be
looking at inversions based on liquidity, not my model itself.
● If we hit high of day and form a bullish FVG, would it make sense for the bullish
FVG to work or fail? FAIL because we have already purged some sort of liquidity,
so we know longing the FVG would be risky
● If we dump 100 points and hit equal lows from two days ago, should we expect to
reject the retracement when we go back up to the bearish FVG? Nope!
○ If we already purged stop losses, we should not expect a retracement to
reject/bounce off a FVG, this is when you look for inversion model
● If you do not understand an inversion fair value gap in terms of LIQUIDITY,
you will not do well, because you must anticipate when FVGs should work, or
fail, based on if we hit a liquidity pool or not
● Perfect example of a bullish FVG we should not expect to work
○ In premium, hit high of day, and have equal lows below
○ It might not always turn into an inversion (which means there is probably
more liquidity above) but this is when we wait for the inversion model (may
not get it)
Inversion Fair Value Gaps
● THIS IS THE ACTUAL MODEL/STRATEGY… STUDY THIS
○ NEXT SLIDE…
● The model on the next slide is everything you need to know regarding the
basics, and is the core of my strategy and the signature of price I look for
● Using the inversion model with no bias = 60-70% win rate
● Using the inversion model with bias = 80-90% win rate if you follow the
signature in price
○ I show you how to find bias in this course using MMXMs and HTF
FVG reactions… 60-70% of the time it is obvious but the other % of the
time it might not be obvious, so I go to scalp mode and wait for random
lows and highs to be swept then look for inversion
● Whether you wait for the retrace or not is up to you, I typically just market in the close
above/below right away unless the RR is bad then I will wait for retrace
○ Also, the inversion we use does NOT have to be the FVG that swept the actual sellside, it can
be another one
● Regarding bullet point number 5… So if I get in on the retrace/candle close, and the
internal high is 10 or more points, I will usually scale some there and move stop to
breakeven for rest and target any higher liquidity pool, if it is under 10 points I do not
scale and just move stop to BE and target a higher liquidity pool, under 10 points just
sucks in my opinion, up to you to scale
Inversion Fair Value Gaps
● Regarding the 10 points…
● Depends on conditions of the day, if it is clearly seek and destroy maybe I
will take less than 10 points, but not typically, you have to adjust based on
what the price action is telling you, and whether it’s been volatile
○ We KNOW the market has to hit the internal high so yes, it should be a
win, but sometimes scaling for less than points is kind of pointless, just
make sure it’s a decent RR.
○ If you do not scale, make sure to put stop to BE, as it is a free trade
Inversion Fair Value Gaps
● SOME trades you will scale half at internal high then price will retrace back
to your entry and you will get stopped at BE then we will keep going back up
○ This will happen if the candle close was pretty close to internal liquidity
○ This also depends on whether you market buy the close or retrace
○ And depends on price action whether it is choppy or volatile
■ Some days will be better than others
● The first example shows a scenario where you might scale half and not get stopped at BE no
matter how you got into this trade (if you bought right when the candle closes above)
● The second example you get other half stopped at BE and market goes up after, nothing you can
do. Only way you do not get stopped at BE is if
○ You are confident in bias and do not want to move stop
○ You enter on the market retracement (even sometimes you will get stopped at BE)
● I usually market buy the close, but only if the RR is decent… first
example is one where it does not matter if I market buy or not, the RR is
still good, but second example it’s tougher because RR is bad
● So in the second example, I would probably try and wait for a
retrace instead, and if we get it, great, if not, then I move on…
some will not come back and that’s okay. It all depends on how
comfortable you are with the risk
● Another one where the risk is way better if we wait for retrace instead of
market buying (just remember we might not get it)... Also this one hit the
internal high but it still makes sense in context to take because we are in
a MMBM (I would not blindly buy, I would go to LTF here and look for
a second setup)
Inversion Fair Value Gaps
● Inversions are best used during the London and NY killzones
○ I personally only use them in NY killzone because I am
sleeping
● My goal is 2-3 good wins per day using an inversion setup then I
STOP
● TWO LOSSES = I am done for the day
● Refer to the slide above in the “FUNDING” section for sizing on
a prop firm account
Inversion Fair Value Gaps CHECKLIST QUESTIONS
● Is there a liquidity sweep?
○ IF NOT, is the inversion in the direction of HTF bias? (maybe there’s no
sweep but EQH above, I might still take it with no sweep of lows)
● Was the liquidity sweep fast or slow? Was there a lot of speed and momentum
going above the inversion?
● If no liquidity sweep, are we delivering from another FVG (LTF or HTF)
● Is the inversion relatively newer? I do not like ones that are super far away (not
easily spottable)
● Is the FVG a singular FVG? (If not go to HTF to see if you can turn it into a
singular FVG…if you can’t wait until second one breaks as long as RR is still not
bad)
● Are we inside a killzone?
● Are we delivering from a FVG or from the middle of nowhere?
● Did we hit the internal high? If we did are you still confident in bias?
Inversions
Strategy +
Checklist
Is there a liquidity sweep? (Refer to “liquidity pools”
slide above for what you can use as a liquidity sweep
● I always look for some sort of liquidity sweep
● Liquidity sweeps are HINDSIGHT for how I trade
○ This means I wait for the reaction at a high/low instead of trying to
predict if we will displace under it or not
● If I notice a lack of displacement below a low, then an inversion activates, I
know it is probably a good inversion because of how we reacted to a liquidity
pool
● The only time I do not need a liquidity sweep is if there is an SMT (refer to
SMT section) or if I know the bias is in that direction (example on next
slide(s)
● There is no liquidity sweep here, however, bias was still bullish and we were respecting
a 15 min FVG so liquidity sweep is not required
● No LTF liquidity sweep on the LEG the inversion formed but there was a bullish SMT
between ES and NQ
Was the liquidity sweep fast or slow? Was there a lot of speed and momentum going above the inversion?

● The best inversions usually have a very quick displacement below and back
above a low/high
● If we have an instant two candles below then above a high again and then we
rocket quickly through inversion, that means it is probably a higher
probability setup
○ Sometimes the setup can be just as good if we RESPECT the FVG to one side,
then break it to the other
■ This is only useful if we have a high momentum candle of speed back
through the FVG
● This is a FAST sweep. See how there’s only two candles, one bearish and one bullish
going through the low? This is what you want to see for a good inversion setup
● This is a SLOW sweep, see how once we sweep sellside we just get a bunch of chop
and no quick displacement back up? This makes an inversion setup lower probability
● See how we respect the FVG at first? The reason why I like this one is because we respect it
to downside at first, AND when we break it, we break and close above with lots of
momentum. I would not like this if we consolidated then closed above it
● See how we respect the FVG at first, and then break it… but this one I do not like because
when we end up breaking it (way later in the day by the way), we take so long and it’s
almost like the market is telling us it does not care to go back to the highs even though the
inversion breaks
If no liquidity sweep, are we delivering from another
FVG (LTF or HTF)
● Sometimes you do not need a liquidity sweep if we are delivering from
another FVG
○ Refer to my MMXM section
○ If we know the market delivers from IRL - ERL or ERL - IRL, then we
should know an inversion off another FVG (with no sweep) should still
work because it’s probably a MMXM back to the high/low
● A SWEEP + Delivery from another FVG = The best inversion
● This is a sweep AND we are bouncing from a FVG to the left, so it’s a very
good setup. The setup is still good with one of either, but these are definitely
the best
Is the inversion relatively newer? I do not like ones that are super far away (not easily spottable)

● If there’s an inversion from days ago, I will more use it as a bias kind of
thing, not usually an entry
● The only way I will use old inversions as entries is if we get ANOTHER
inversion setup coming out of it
● Be very careful with older inversions though, because some will just not be
respected depending on time of day etc, so I just rarely use them unless they
are fresh
● If it is an older inversion, seeing us speed through them to use them is ideal
● This is also common sense, if we get a new bullish FVG through an old
bearish FVG, more of a chance it works…
● This inversion is 10 days apart, but it actually turns into a balanced price range
(a bullish FVG lining up with the bearish FVG) so it still makes sense as a
confluence to use even though it’s still really old
● Another old one I am usually not interested in using but we clearly have bullish
orderflow + we form a new bullish FVG here + big momentum candle
● Here is an old one from the previous day I am not interested in because lack of
momentum going through + we don’t form an obvious bullish FVG that pops
right out on the buyside of the curve… I would probably go to the lower time
frame and look for a second 1 minute setup here, also we close above during
lunch time so not great time either
Is the FVG a singular FVG? (If not go to HTF to see if you can turn it into a singular FVG…

● I always make sure the FVG is a singular FVG (not two next to each other)
○ This is to ensure RR and the complication of the setup itself is low…
● If there is two FVGs next to each other on the 1 min, I will see if it combined into 1
FVG on the 2, 3 or 5 minute time frame (I rarely use the 4) and use that
● If there is a 1,2, and 3 min bearish singular FVG I will wait for the HTF one to break
(so the 3 in this case)
○ If I am really confident in the speed of the liquidity sweep or the bias, I will still
take the 1 min close above/below even if the 3 min didn’t trigger yet, this will
take some screen time…
○ If I have no clue what the bias is, I will wait for the 1, 2 AND 3 all to close
■ If you have no clue what bias is, DO NOT take entry until EVERY time
frame activates, this is extremely important for higher confident play
● Here is the 1 min compared to the 2 min time frame, you can see the 2 min one was higher,
however, I was still confident in taking the 1 minute even though the 2 did not close yet because
of the speed we swept liquidity at. Let’s say there’s no speed but EQH above, then I would still
take the 1 min and not wait for the 2. I only wait for the 2 if I am not sure of bias
● I do not like if there is two FVGs next to each other because RR is going to be worse… My
Logic: If we close above one FVG but reject the higher one, you are screwed… or, if we close
above the higher one and you put your stop below it but we bounce off the second one, you will
be mad… unless you want RR to be worse and put stop below both (which you can do if RR is at
least still above a 1R)
Are we inside a killzone?
● It is very important we are in a killzone, either NY Killzone or London
Killzone
○ If AM price action is logical/good, I usually do not touch PM inversions
because they can be not logical
○ If AM section is bad or not logical, I will be more interested in
lunch/PM session
● What I mean by “Is price being logical”
○ Does price close above/below an inversion and the body keeps
respecting it?
○ If price closes above a clean singular bearish FVG, then closes back
under it, then back above it again, that is bad/not logical price action and
I will usually stop
● This is not logical, bias was right to the highs yet price respects, disrespects, then respects the
inversion again (the BODIES of the candles, I do not care about wicks)… so I usually just stop
trading after that
● This is logical because body closes above and does not close back below and hits the highs like
we expect without hitting my traditional stop loss
Are we delivering from a FVG or from the middle of nowhere?

● If we do not sweep liquidity, I always make sure we are delivering from

somewhere meaningful
● I usually put most weight on delivering from an FVG
○ I see us hit the highs/lows off an FVG way more than
delivering/bouncing off an orderblock so I only use FVGs pretty much
for this
● Delivering from the middle of nowhere means we are just bouncing from a
random spot that is not a FVG
○ It probably is a PD array on some time frame, but if I am looking to take
a 1 min inversion, I am not going to base it off of us delivering from a
random 13.5 second time frame FVG, that just does not make sense, it
has to be obvious (5 or 15 min FVG is obvious)
● On the right chart, we are delivering, AND bodies are clearly respecting the 15 min FVG, so I
feel comfortable with still taking this FVG
● In this example, we do not take out the major high (we do take out the minor internal high which is
still fine in some instances) and are not rejecting from a FVG, so this iFVG is just not really high
probability (although I would still look for a confirmation setup from it on LTF)
Did we hit the internal high? If we did are you still confident in bias?

● There are times that even if we hit the internal high I will still enter based off
other confluences…
○ If there’s a lot of speed/momentum
● Also there is times I will not move stop to BE if we hit internal for the same
exact reason, I will wait for a higher internal to move stop or more of a
“blast” above an internal high
● Many people think the second play is my model but it’s not, the first play is my model and I have
already probably scaled half the trade by that point, meanwhile you did not realize I was in…however,
you can get away with taking the second play only if you are still confident in the bias
● Typically this would be a BE play for me but it still looks really good so I would wait for a bigger more
of a raging candle over the internal high to move stop to BE, I would not regret getting stopped for a loss
here
A few more notes before I show you some textbook examples…

● There are some inversions that don’t look like what I show you where I still will use for
entries/bias
○ A lot of them have to do with common sense after lots of experience
○ Does this inversion fair value gap make sense even though it might be bending my rules a
little bit?
■ Examples
● If we are really low and have taken out some major sellside and we get momentum
through an old inversion but we already hit the internal liquidity, does it make sense
the bias is still bullish? (SEE NEXT SLIDE)
● If we are really low and get an inversion to the downside (but it breaks my rules a bit)
that might not be too clean, it probably would not make sense to take since we are
already really low
● Let’s say you come into the market and you already missed the entry and see we hit internal
liquidity, DOES it still make sense for us to go higher based on where we are at? This will take a
bit of screen time but if the answer is yes, I will look for another entry
○ Makes sense to enter if we maybe have a lot of momentum or we are relatively low still
compared to the discount/premium range
Inversions Stop
Loss
Inversions Stop Loss (Can be two ways)

● Personally, I prefer a stop loss as a CLOSE back above or back below the iFVG
○ If price activates a iFVG, and I get in when we close above, IF we close back below I
will get out
■ Most times if we disrespect an iFVG, we go back to the low/high anyways
○ Usually you will have to size down a bit for these kinds of stop losses or guestimate
on where to put it (shown in next slide)
● The other way of doing stop losses is at the high or low, but RR is way worse
○ It is easier to calculate risk putting the stop at the high or low but way easier
● Example with stop loss below low, this is fine but you could get a better RR
if your stop is a close below
● Example with stop loss as a close back below FVG… it does not get hit, but if it did, you do not know
exactly where it will be hit. Just in case we do knife, always have a hard stop below the low, but you can
size for a little higher, and guestimate where it would be like in this example
● Here is one reason I do not put it at the high… In this example we close back above the iFVG after it is
activated and we end up going to the high. I could have saved myself so much risk here if I put the stop
as a manual stop (close back above FVG) because if that happens, most times we will go back up and hit
the high anyways as you see in this example
● Here is an example where you CAN put it at the high. Most times if the iFVG is disrespected it will fail,
but times like this show there will be anomalies, and I definitely think if the RR is STILL there with
putting the stop at high, I do not mind it. In this example there is not a huge difference in RR whether
it’s manual above FVG or at high, so leaving it at high is completely fine
Inversions
Examples
FYI, I only do entries on 5 min or
lower, 1 hour and above is for bias
only
● 15 min for bias as well but on rare occasions I will enter
a 15 min if I am willing to risk more, but VERY
RARELY, can only remember once or twice
○ Textbook because…
■ Had yearly high + HOD above (both good liquidity pools)
■ Singular FVG
■ CISD before inversion activated
■ Swept lows with lack of displacement so we know its a liquidity sweep, not a MSS
○ Textbook because…
■ One setup for life, singular inversion + we were pretty low
■ Swept a lot of sellside to the left
■ Quick speed coming back up through inversion
■ Both ES and NQ broke their FVG meaning they are correlated (this is what you want to see)
○ Textbook because…
■ Liquidity sweep in beginning
■ Singular FVG (forms a BPR as well)
■ This play would be scale half at internal high then stop out other half at BE

I would enter long on candle close,

Scale half at this internal high (if
10 points) and then get stopped rest
At BE on that pullback)
○ Textbook because…
■ MMSM
■ Momentum like market has no care in even wanting to bounce, you can just tell it wants sellside
■ There’s actually two FVGs here, but we close below both and RR is almost the same
■ This one I would wait for a retrace because RR would be negative if I do not wait
○ Textbook because…
■ Delivering from another FVG (bodies respect it)
■ Two inversions here but momentum is so great that market should not go to bottom inversion
■ Hourly equal highs above
■ Internal high did not hit when we closed above inversion
○ Textbook because…
■ Liquidity sweep was VERY quick (only a few candles) + Singular FVG (first entry)
■ There was actually two entries here, either one was fine
■ Second entry had two FVG but I would have still taken it because the REQH above are one of
the strongest draws in the market, so I prioritize liquidity for this, not the inversion itself,
that’s just the entry
■ If no EQH above here, would not have taken second inversion because momentum was not
good through it
○ Textbook because…
■ Liquidity sweep was very quick AND because it was right at open (great for a judas swing [judas swing =
false move at open])
■ 9:30 high can be a good liquidity pool
■ Big momentum candle closed right above FVG, and not too far above so RR was still a 1R (could have
been better if you waited for retrace)
○ Textbook because…
■ Two entries here (second was better or could have averaged in)
■ Momentum was pretty good
■ Swept sellside from earlier (I believe this was LOD) + lack of displacement below
■ Swept sellside AGAIN with lack of displacement (double sweep) shows market does not want to dump
■ Singular SUPER obvious bearish FVG
Inversions I do
Not Like!
○ Do not like this because…
■ We took out too much sellside for me to think about shorting with getting another liquidity sweep
● Also way too far in discount (a concept you should know through 2022 mentorship)
■ We did leave a giant wick below which is a great liquidity pool, but why would you short if we just expanded
down 100 points, wait until the next move, or a higher retracement + run on liquidity again
○ Do not like this because…
■ I like how we took out a lot of sellside, but there are WAY too many FVGs here
■ It’s not a clean entry because of too many bearish FVGs
● What if we break one but reject the other?
○ Do not like this because…
■ We took out a high with barely any displacement, from a liquidity standpoint, it does not make sense to take it
out again
■ Although this signature in price is not terrible (it’s a singular FVG and we get liquidity sweep), it still does not
make sense to take from a liquidity standpoint, I would rather look for an iFVG to the downside because we are
pretty high… and it’s not even us being “high” because being ‘“too high” does not exist, it’s the fact we barely
swept the high
■ Also, the guaranteed RR herte is negative, so not even worth it from an RR perspective
○ Do not like this because…
■ We took out SO much liquidity and THEN come back up to the iFVG
■ This still has a decent win rate but you have to be VERY confident on bias to take a play like this, but win rate
will not be over 70%
■ If we ran a lot of stop losses already, there is no point in taking an iFVG to the downside after we run old buy
stop losses
○ Do not like this because…
■ This is simple on why I do not like it…
● We took out the internal high at the same time of closing above the iFVG, so this would not be valid to
take
A Few More
Things…
■ If there is ever two FVGs in the same leg but not next to each other…
● If you are confident bias is bearish, you can short the first inverted FVG (as long as we do not
hit second), and move stop to BE when the second is hit (same thing for bullish)
● If you are unsure on bias, just wait for last one to break, because RR is not worth it
■ Here’s an example where I thought price was bearish and we would go to low of day…
● …But I saw we failed to take low of day, but took another internal low before LOD…
○ …So even though I wanted to be bearish, the SPEED at which we swept the low
extremely quick in only a FEW candles then only ONE candle going back up and
creating the inverse is a signature in price I still won’t pass up because the speed + the
amount of candles sweeping and going back up
■ If it took a lot of candles to sweep, then inverse, would not be as interested
■ Difference between a BPR and inversion (BPR = Balanced Price Range)
● A BPR is created usually after I enter, and I enter BECAUSE of the inversion not because of the
BPR, price could still end up using the BPR later, but I am in because the inversion
● All a BPR is, is when a bearish and bullish FVG overlap
2022 Model
2022 Model
● I do not like the 2022 model a lot, because there’s so many different reads on
it but there is ONE signature in price for the 2022 model I will call out or
point out every time…
○ Most new people lose on this because they see it as a PATTERN, but do
not know where the draw on liquidity is…
● I only go over one example in this section but I have seen it repeat 20-30
times since I started learning ICT and has probably failed me only once or
twice
● If you take what you think is a 2022 model and it fails, it probably means we
have not hit the draw on liquidity yet, so look harder for it (this might mean
going way to the left or going on a HTF
○ This is one of the only 2022 models I will take because…
■ Around 10 o'clock (great reversal time)
■ MAJOR MAJOR liquidity pool purged (By major I mean 1 hour or above)
■ SMT! This is key, I will only take 2022 model with an SMT
■ Market relatively high according to context…
■ This setup is rare, but when it comes, it comes hard and fast
■ The best 2022 models have a violated FVG + an SMT
○ Another 2022 model I do not mind taking…
■ Delivering/Bouncing out of bigger FVG
■ Clear MSS on LTF structure based off HTF FVG
■ Clear FVG entry
■ This example never gave us an entry but probably would have worked if it did
■ With an SMT, this setup is also much better, but SMT or not, this setup is fine
● This is just a “confirmation setup”
○ 2022 Model
■ The basic idea of a 2022 model I like just using a pathway
■ Key elements:
● We bounce off a 5 min or higher FVG (could be a 1 hour)
● We get a lower time frame setup (the structure seen in this diagram)
■ I call this the confirmation setup, where I do not blindly long the 5 min FVG, but rather long a setup inside of it
30 Second Model
30 second model
● This is a model created by @Leppyrd and @outofoptions both in my discord,
off ICT’s son Cameron’s model
● I barely use this but this is a almost mechanical model that can be improved
upon based on bias and screen time
● I like this model because it is the same stop loss (12 points) and same take
profit (10 points) everytime
○ The only reason I am sharing this model is not because it is super
profitable, but rather shows you how to be disciplined in taking a single
model, it is great practice in that aspect
● Fully mechanical, it is about a breakeven strategy after commissions, but
Leppyrd and options are profitable on this because they started to become
selective on their setups and improve it to about a 70% win rate
30 second model

● Rules:
https://outofoptions.notion.site/30s-Model-77d36a78a2fe434bbde8a2991808f
602
● 30 second model results of @outofoptions
○ https://docs.google.com/spreadsheets/u/0/d/1GDH3y89uDM2FqiueO_J
WVo6f_vi4iK8bWSx45AOqiIc/htmlview?pli=1#gid=1459265111
● This is for NQ only, do not bother learning if you trade something
different
“MY” One Setup
for Life
MY One Setup for Life - Different from ICTs, we all have our own setups we like the best so no shame in this:)

● I pay attention to days we have red folder news at 8:30, these are the best days
○ 10:00 rarely works, only other data lows I like is FOMC lows/highs but will not
be teaching off that
● I look for price to purge either the 8:30 high or low off the 8:30 news
● Whatever high/low was not purged, it HAS to be an abnormal wick (a bigger wick then
usual)
○ I look for price to trade AWAY from this wick, and create a FVG to the opposite
side, this is a good sign
● I then wait for my inversion model coming back the other way, and target the data
high/low that was left
○ 80% of the time this happens after market open
One Setup for Life
● The best one setup for life will leave a data high/low, trade one way until about 10am,
and then 10am we will get a singular clean inversion, break it, then go to the data lows
that were NOT purged
○ It does not have to be at 10am, can be from 9:30-10:30, but ideally it is best
during these times
● This setup probably happens about 2-3 times a month, sometimes more sometimes less
● Even though this setup does not happen a lot, it is a model I use outside of my normal
inversion that is VERY worth taking when it appears, because the accuracy of this
model is extremely high
● The reason why we go back to a leftover abnormal wick from data is because often
times the news wicks too fast and leave orders not filled, so there is a “0” at bid or ask,
which is an inefficient market place. The market will want to go back in order to make
it “efficient” again
● A manipulation leg here is also fine
ICT Gems
Random Gems
● 80% of the time I use:
○ EQH, EQL, Highs/Lows inside FVGs, LRLR, data highs and data lows
■ Other 20% - London high/london low, PDH, PDL, HOD, LOD
● EQH and EQL on ES are not as important to me as they are on NQ (especially with
VIX being really low) so be careful using them on ES
● Favorite time to trade is 9:30-11am eastern
● If AM session is good, PM sucks 80% of the time, so stay out
● If AM session is bad, PM is usually better 80% of the time, and is the only time I will
usually trade lunch (12-1) because that’s not bad either
● DO NOT USE EQH, EQL as your MSS
● 10-10:10ish is a GREAT time for a reversal setup if we get the framework, very high
probability time for a reversal setup since new 4 hour candle opens, I love inversion
setup at this time
Random Gems
● Don’t form a bias at 4pm, wait until you wake up the next morning because
lots of new FVGs form to see reactions off of
○ Sometimes if we are delivering from a FVG when I wake up at 8, and
we have yet to hit the external low/high, that is my bias until the
low/high is taken out
● Know what “delivering from” means
○ Delivering from a FVG versus delivering from the middle of nowhere
● Inversions require a BODY close above/below!!! Not just wicking
above/below
Random Gems
● “If you take this trade and lose, would you regret it?”
○ If you would regret it…
■ You are revenge trading
■ It’s not really the model and you are bending the rules a little bit
■ It’s a bad time to trade
● If there’s no buzzer/siren in your head, don’t take the trade
○ The more screen time you get and the more you play your model, the more
you will see signature in price repeat itself
■ Until it’s a signature of price you recognize from a setup you have taken
in the past, there probably is no siren/buzzer in your head yelling at you
to take the trade
Random Gems
● If there’s no news for a day, you can still trade, just make sure we are getting
decent displacement and 3 or more FVGs formed on the 1 minute or higher in the
1st 15 minutes of open
○ If there’s zero FVGs formed and zero displacement above highs and lows on
a day with no red folder news, you should probably just not trade
■ The first 15-20 minutes will really tell you…
● “Bodies tell the story, wicks do the damage”
○ ICT 2022
● “If you do not know where price is delivering from, you probably don’t know
where price has to go”
○ Dodgy 2023
OTHER
USEFUL
CHARTS…
Your Job!

● After the end of this course, you should be putting all of this
together
○ Start with locating a liquidity pool we have momentum towards
(this is usually your MMXM which you find through seeking
liquidity)... (Refer to my favorite liquidity pools above I use 95%
of the time)
■ Narrow down to FVGs (the most important PD array in my
opinion) + your model
Extras

● This thread is a super basic approach, just read it for more screen time:
https://x.com/dodgysdd/status/1741474644232650862?s=46&t=gUYYXM7Fe_3WYUBD-
HccQA
● Another data highs/lows thread:
https://x.com/DodgysDD/status/1719439727718236164?s=20
Example of
Combining
Everything
Combining Everything
● This can take screen time. It took me a year to combine everything… do
not forget that
● I mainly start with finding a liquidity pool we have momentum towards
which is usually a MMXM…and then look for a CISD with inversion,
and that’s my basic setup
○ I then look for a good liquidity pool in the MMXM as I talked about
○ IRL or ERL could be
■ EQH / EQL
■ Data Highs / Data Lows
■ ITH / ITL
● This is a key model that will help you combine my teachings and the MMXM.
This is most likely a 1 hour or 4 hour TF, you then look for my inversion
model (on a 1 or 5 min TF) after a liquidity sweep + bounce off HTF FVG in a
MMXM, same thing but to opposite side for MMSM
Motivation
● It takes a doctor 8-10 years to earn a full degree and become a certified
doctor… it is not going to take you 6 months to master trading.
● Trading took me 2-3 years to master and there’s still some aspects of my
own trading I am working on and will continue to work on
● You will NEVER fully master trading
● The only thing you can master is your risk and discipline
● You will have days where you go on big win streaks and then after one
less you over leverage and blow an account, that is the most normal
behavior from ICT traders I see, and will take you awhile to get over.
Make sure to create rules and punish yourself
Backtesting
● I do not like backtesting at all for how I trade
○ Finding the daily bias takes time and you can’t just find the daily
bias 2 seconds in backtesting
○ You also are not in flow with the market when backtesting,
especially with instant candles
○ Backtesting NQ before 2020 is much different than how NQ trades
today, so you might have to adjust some things such as stop loss,
because NQ was not as volatile
● You should only be backtesting inversions if it’s a fully mechanical
inversions strategy, but backtesting them is extremely difficult without
being in live time
● Forward testing (testing live time) is much better for this