PA Model-5 [ Session trading model]

⚠ Personally I felt this model more like an advanced lecture on standard

deviations than a trading model. It shows how to incorporate standard
deviations with your trading for high probability trading

Before getting into the model lets take a look at the Trader profile & Basic outlook
of the model

Even though its written any day of the week , he prefers to trade this model
mostly on Monday , Tuesday , Wednesday

Overall view about the model :-

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 This model is going to be dealing with the stage being HTF liquidity draws.
That means we're going to be focusing on a directional bias

Our setup is going to be intraday volatility expansions

The pattern we're using is session swings with the utilization of P03

You can use whatever entry pattern you need to imply for this model as this
model is build on logic

Draw on liquidity :-

Now the candle here depicts a session candle / daily candle. All we are doing
is to capitalise on the session move of LOKZ , NYOKZ

Our DOL focus for this model is based on daily RJB , LQ Pools , EQH/L

Logic of the model :-

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 ⚠ Before getting into the lecture read the Core content notes regarding the
CBDR , Asian range to build foundation

❓ Which range should be used for projecting the deviations for day trading

At first we would be looking at the CBDR for the following characteristics

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 If CBDR is not ideal for projections we would be looking at the Asian range

If CBDR & Asian range doesn't qualify for projection checklist we would be using
the FLOUT Range

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 📢 Always use 15 min tf for projecting these ranges & incorporate both wicks
& bodies for the ranges

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 Using previous day standard deviation levels for confluence

💎 Deviation Levels which is really close / same with yesterdays deviation

levels can be used for framing trade entries & exits. These levels are
high probable areas to work with

📢 This is a supplementary lesson on the PA Model 5 which gives us more

detailed outlook about the model & he is discussing an example with
USDCAD here

Now lets take a look at the example of this model here ,

Building a Weekly bias & DOL

The pair he was trading here is the USDCAD. He build a bias of bearish for the
coming week with next possible DOL level.
❓Now why he is expecting bearish prices on USDCAD ?

Higher Gold prices

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 As we learned on the Month 5 of the Core content , higher gold prices would
inversely affect the USDCAD that's the main reason why he come up with the bias
of bearish USDCAD

Look at the last line on the slide

❓As our bias is bearish where is price most likely to be drawn into ?

Looking at the HTF charts to find out next possible DOL

He is expecting price to be drawn into that weekly RJB by considering the PDA
matrix taught on the Core content coz that's the only thing left for price to be
drawn into

Take a look at the PDA Matrix ,

That RJB near the cursor is where we are expecting price to be drawn into

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 Eventually we have seen price to be drawn into that weekly RJB level

💎 He was rounding each price levels to the next possible institutional levels
for precision

Entry pattern :-
Now the entry pattern for this model is based on the FVG. There is even specific
criteria for selecting the FVG to Short / Long

Thatʼs

💎 When bearish the high probability FVG forms below the 50% range of the
previous day range & vice versa

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 We would be using that high probability FVGʼs to enter at LOKZ & NYOKZ by
doing IOFED & application of P03

Now we would be using the standard deviations coupled with PDAʼs to find
out the targets & also we would be looking for at least 40 pips as our 1st
target

Application of SD levels for targeting purpose :-

Take a look at how each days projected SD levels helped to catch the day highs &
lows

Look at that SD levels around that yellow shaded area which is basically the
confluence of previous days SD levels not more than 5 pips variance held the
weekly low

Look at that day which cursor has placed , we have a FVG there which is basically
under the 50% range of yesterdays daily range

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 We would be entered on that FVG on NYOKZ as per our model criteria

Out of the model knowledge :-

💎 LCKZ & NCKZ is more likely to be used to position for long term entries

💎 Stop runs usually happens with 10 40 pips range anything beyond that is

something else

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 Trade Plan :-

There's essentially 5 steps to every trading plan ,

Preparation It's usually when patience is being applied , & what are you
basically waiting for, what are you doing with your time ?

Opportunity discovery So once you see something that is developing

okay , the opportunity has been discovered because of your experience of
studying price delivery

Trade planning Once you understand the framework that you're looking
at , you are going to trade your plan

Trade execution Once you have your opportunity & you've prepared &
you've planned the trade framework, then you want to execute on the
trade

Trade management Where do I put my stop & when should I take profits ?

Now you don't have to thoroughly follow these trading plan , you can alter this for
yourself with this 5 stages for trading plan but don't make it complicated , make it
short & simple

Preparation :-

Anticipating a weekly profile to unfold by considering the current market

structure & upcoming medium & high impact news drivers

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 Understanding your dealing range using the IPDA data ranges

Now as this is a “session trading modelˮ you have to only care about the last 20
days IPDA Data ranges nothing more than that

Looking for the next DOL inside the dealing range we are working at

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 Opportunity discovery :-

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 Trade planning :-

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 Trade execution :-

Now the model itself is really designed to take this trade on any particular day. On
this trade plan, I'm filtering out Mondays and I'm filtering out Fridays. So it allows
us to give us an opportunity for trading on Tuesday, Wednesday and or Thursday.

Now Thursday for your notes, that day is a wild card. If you have a large range
day on Tuesday and a large range day on Wednesday that worked out in your
favor, don't take the trade on Thursday because you're most likely going to get
some kind of consolidation or retracement. If you have a small range but win on
Tuesday and a large range on Wednesday, then you can take the trade on
Thursday because it probably has a little bit more room to trade.

Trade management :-

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 SL Management

Money Management

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 Drawdown Management

Practice…

📢 So in this episode of the PA Model we are just discussing the examples of

this model

Example 1

Looking for which ranges should be projected

As mentioned on the 2 nd episode of the PA Model-5 we are looking for which

range should be used for doing projections

CBDR failed the protocol & Asian range passed the protocol so gonna elect that
range for projections here

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 Look at how exactly it plotted the low of the day with less than 5 pips variance
from that level

Example 2

Looking for which ranges should be projected

As mentioned on the 2 nd episode of the PA Model-5 we are looking for which

range should be used for doing projections

CBDR & Asian range failed protocol so we elected to use FLOUT range here

look how confluence of SD with less than 5pips variance plotted day high here for
the 2nd day

This is happening on the LOKZ which is the time aspect

Example 3

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 💡 So we got a bearish seasonal tendency for DXY & underlying market
structure shows weakness. So we are expecting a sweep above that
daily EQH & reverse

Look at the chart & understand each price levels its just the IPDA Data ranges &
basic price action

We have that daily EQH at 95.53 we rounded that level into 95.55 here

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 Look at how exactly price has just mitigated the projected level above the daily
EQHʼs to reverse & also on the 2nd day how projected levels just got hit & reverse
, this is precision

Same time at GBPUSD

Building a bias & next possible DOL

💡 So he build a bearish bias by looking at the seasonal tendency of AUDUSD

& the current market structure has traded into a daily breaker & price
repelled from that level

Daily chart

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 Here if we are taking any short setups our intraday target would be that daily low & long-term
targets would be that equal lows above that BISI or that BISI

15 Min chart

We are expecting price to be traded into red area. Its the same daily low shown on the daily chart

Intraday entry

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 Entered on that 15min FVG at LOKZ

Looking for convergence of different levels for targeting purpose

Yesterdays FLOUT range projected

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 Todays FLOUT range projected

The range from 0.74935 to todays flout low was projected for targeting purpose

💎 Now whenever we look for the confluence of SD we wanna see it on a 5

pips variance

As you can see the convergence of that 3 projection held the daily low well & also
try to incorporate the PDAʼs for much more precision

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