TIME AND PRICE
VOLUME 1 COMPILED BY JEFF
TIME AND PRICE
Candles – Bearish or Bullish candles
Bearish candles - These are candles that go down and close downward
Bullish candles - These are candles that go up and close upwards
Liquidity zones
1 Swing High 5 Relative Equal Low
2 Swing Low 6 Relative Equal High
3 Equal Low 7 Fair Value Gap
4 Equal High 8 Order Block
The above paints are liquid zones
A liquid zones are levels that has got liquidity cash in them in form of stop loss, buy limit or sale limit
Saving High - is a liquidity zone formed by three candles
Swing Low – is also a liquidity zone formed by 3 candles
Equal Low Equal High
Relative equal high Relative Equal low
Fair Value Gap - this is a liquidity zone that is formed by three candles only regardless of color
Order Block – it is a state of change g price delivery in the market. We have two types of Order Blocks
*A Bearish Order Block
*A Bullish Order Block
1. A Bullish order block is that last down bearish candle before the upmove , with the lowest low
2. A Bearish order block is that last up candle with the highest high (bullish) before a down trend
What Causes the Market to Move
-The market seeks liquidity in its price movement on a daily basis (liquidity is money)
NB: When price moves it creates liquidity zones a jam of gaps, liquidity pulls or void
*These things act as drawers of liquidity in the market where prices will come back and correct
THE STRATEGY AND HOW IT WORKS
1.We go 15 minutes time frame after you have deduced the directional bias on high time frame that is
from one week , day , hour time frame .
-Also mark into day highs and lows that before the equalify market is open at 8:30 am NYT
2. You go to 15 minutes time frame and look for a possible run of liquidity
-Mark up the liquidity areas such as swing highs, swing lows , equal low & equal highs etc
-Price will run out on those liquidity areas on 15 minute time frame
-This strategy will start from 8:30am to 11:00am NYT (according to my broker 8:30 is 12:30 & 11:00
*The hours of operation are generally 8:30 to 11:00am NYT , but it can be extended to 12:00pm
*Do not trade at 12:00 pm NYT because its lunch time .During lunch press normally retrace
*You can take trades only at 1:30pm NYT to 4:00pm
3. STRATEGY {INTERNAL RANGE LIQUIDITY}
-From 15 minutes time frame you drop down to 1min, 2min, 3min, 4min, 5min
-After a run of liquidity for a shift in market structure {break of swing low or swing high}
4. After market structure shift we expect a fair value gap to be formed and price will retrace back into the
fair value gap ,that is where we enter our trade.
INTERNAL RANGE LIQUIDITY AND MARKET STRUCTURE SHIFTS
-Internal range liquidity is looking for short term lows & highs inside a price leg
NB: Market structure shifts should be in the firm of swing high or low broken aggressively
DIRECTIONAL BIAS
In directional bias we are looking for the likehood of market movement or market expansion
KEYS TO DAILY BIAS
1. Everyday bias is unrealistic
2. Determine likely weekly expansion
3. Look for obvious liquidity in that direction
4. Identify the imbalances in price delivery
5. Focus on the high or medium calendar event dates
6. Look for directional price runs in my full zones in trading
INSTITUTIONAL TRADING PRICE DELIVERY ARRAY MATRIX (PDRA) FIBONACCI
Premium Level
1. Old high or low
Look For Sell Set Ups 2. Rejection Block
3. Order Block
4. Fair Value Gap
5. Liquidity imbalance
6. Breaker Block
Equilibrium 50% 7. Mitigation Block
1. Mitigation Block
2. Breaker Block
3. Liquidity imbalance
4. Fair value Gap
5. Order Block
Discount Level 6. Rejection Block
7. Old high or low
LOOK FOR BUY SETUp
*For these above things to work, we have to consider where are we coming from and where we are going
*for example, if a price is coming from a discount consider fair value gaps under blocks etc. that support
the price to move towards premium level
*We use Fibonacci to measure premium and discount taking the 50% level and that’s the equilibrium
*Rejection block –if we are in discount a rejection block must be bullish {24 th may 2022}
DIRECTIONAL BIAS
*We are looking for the likelihood of where the market is going
-Before the new trading week begins , think of what the next week candlestick is going to
1) It is more likely to go high?
2) It is more likely to go down?
-We are not trying to predict its closely price
-We just want to know whether its most likely to go higher or lower
FACTORS THAT WILL IMPACT THE WEEKLY CANDLE
1) Seasonal tendencies
2) Interest rates
3) Earning seasons & the release of quarterly earnings reports { investopedia.com }
4) Price action on a weekly & daily chart
*All of these factors will give you an expectation for that weekly candlesticks ie. it is likely to go higher
or lower
PRICE ACTION
*When it comes to price action on the weekly chart ask yourself this question: what is the market likely
to draw towards eg. 1. Is there any imbalance higher or lower?
2. Is there liquidity pull lower or higher?
*This sets the initial bias for the week
NB: Go to the chart and mark those areas
NB: Also mark your dealing range, high & low
NB: After taking out the sell side liquidity we can anticipate price to rebalance any imbalances
DAILY CHART
*When its comes to price action on the daily check ask yourself this question, where are the liquidity
pulls that price can seek on the daily alert
*The draw on liquidity for the most part is found on the daily chart .The daily chart will give you
feedback every 24hrs on that weekly candle
NB: We use that feedback to support our assumption on the weekly candle expanding higher or lower
*Mark your dealing range high and low as in from weekly
*Mark the liquid pulls and prices imbalances
NB: Open your daily after seeing the weekly likelihood
CRACK ON CORRELATION
Crack on correlation can be used to find bias. We can use it to anticipate for set-ups
NB: With a bias and draw an liquidity from the higher time frame we can now build a frame work on the
1st chart time frame
-This will help us view the weekly range
BIAS
HIGHER TIME FRAME PROTOCOL: A GUIDE THROUGH THE WORLD OF TRADING
CONCEPTS
MARKET STRUCTURE MASTERCLASS
NB: Before we start watch ICT video market structure essentials {youtube}
THE HIGHER TIME FRAME PROTOCOL
*We start by identifying higher time frame levels
LIQUIDITY PULLS
*There is three higher time frame levels that you should be focusing on that is
1). Order Block
2). Liquidity Pulls
3). Fair Value Gap
Liquidity Pulls
*When it comes to liquidity pulls, a lot of trades fail
