如何使用First FVG与开盘区间缺口 Opening Range Gap交易 ICT2024交易策略 老冯交易

Summary

In this video, Lao Feng Trading explores advanced trading concepts, focusing on First FVG (Fair Value Gaps) and Opening Range Gaps. These concepts, explained with practical examples, offer a framework for traders to determine market bias and identify potential entry points. The video discusses how to use these gaps to assess price movement and predict possible pullbacks, providing strategies for both bullish and bearish conditions. The emphasis is on replicable strategies that help traders understand price action post-market open, with the goal of achieving profitable trades by targeting key levels like 50% gap retracements.

Takeaways

• 😀 The 'First FVG' (Fair Value Gap) refers to the gap formed immediately after market opens, typically between 9:31 to 9:33 AM, marking a significant price movement.
• 😀 The 'Opening Range Gap' is the difference between the previous day's closing price and the current day's opening price, which can sometimes form a gap that traders can analyze for entry points.
• 😀 Fibonacci retracement is used to mark key levels like 0, 0.5, 1, and sometimes 0.25 and 0.75 on the Opening Range Gap to identify potential market reversals or price continuations.
• 😀 The 'First FVG' helps determine market entry by signaling whether the price will continue moving or reverse, offering traders a guide for timing their trades.
• 😀 The combination of the First FVG and the Opening Range Gap allows traders to establish a bias (bullish or bearish) based on the price's position relative to these levels.
• 😀 If the price is above the Opening Range Gap and doesn't retrace 50%, the market bias leans bearish. Conversely, if the price is below the gap, the bias tends to be bullish.
• 😀 A First FVG is used for both market entries and exits, helping traders identify when the market is likely to retrace and when to place stop losses and take profit targets.
• 😀 The strategy discussed is designed to be replicable with a focus on the 50% retracement level of the Opening Range Gap, which is often a key target for price action.
• 😀 Examples from various trading days (July 9th, July 1st, etc.) demonstrate how the First FVG and Opening Range Gap can be effectively used to make informed trading decisions.
• 😀 Risk management is essential when trading with this strategy, as it helps to identify favorable risk-to-reward ratios (e.g., aiming for a 1:2 risk-to-reward ratio).

Q & A

What is the 'First FVG' mentioned in the video?

The 'First FVG' refers to the first Fair Value Gap (FVG) that forms immediately after the market opens, specifically between 9:31 and 9:33 AM, following the market's opening at 9:30 AM.

How does the 'First FVG' help in identifying market entry points?

The 'First FVG' helps identify entry points by allowing traders to spot gaps that can signal potential price movements. These gaps are used to determine possible market entries, either short or long, based on how the price behaves in relation to the gap.

What is the purpose of the opening range gap?

The opening range gap is the difference between the closing price of the previous day's trading and the opening price of the current day. This gap helps traders identify price levels that may influence future price actions and provide insights into market sentiment.

How do traders use the Fibonacci tool to analyze the opening range gap?

Traders use the Fibonacci tool to measure the distance between the closing price at 4:14 PM and the opening price at 9:30 AM. Key levels such as 0, 0.5, and 1 are marked to help identify potential support and resistance zones, which can guide decision-making during trades.

What happens when the price is above the gap and does not pull back to the 50% level?

When the price is above the gap and does not retrace to the 50% level, it indicates a bearish sentiment. In such cases, traders might refrain from taking long positions and instead anticipate further downward movements.

What is the significance of the 50% level in the opening range gap?

The 50% level of the opening range gap is considered a key level that can indicate whether a price will continue in its current direction or reverse. A pullback to this level often signals a potential entry point, as it shows the price is retracing to a more balanced level.

What should traders do if the price does not reach the 50% level of the opening range gap?

If the price does not reach the 50% level, traders may keep a bullish bias, as it suggests that the market may continue its upward movement without a significant retracement. However, they should remain cautious and monitor price action for signs of reversal.

How does the first FVG interact with the concept of an IFVG?

When the price breaks through the first FVG, it forms an IFVG (Inverted Fair Value Gap). This new gap can be used to identify potential short entry points, as traders expect the price to retrace or reverse based on this structural breakdown.

How does the market behavior after the first FVG formation affect trading decisions?

After the formation of the first FVG, traders observe if the price continues in the expected direction. If there is no pullback to the 50% level or if the price breaks through the FVG, it can lead to a change in bias, potentially signaling short or long positions depending on the market's reaction.

Can the strategy of using the first FVG and the opening range gap be replicated across different trading days?

Yes, the strategy of using the first FVG and the opening range gap is highly reproducible. Traders can apply the same principles to different trading days, identifying similar patterns in the opening range and FVG formations to guide their trades.