ICT Forex Scout Sniper Basic Field Guide - Vol. 8

Summary

本视频是ICT狙击交易系列的第八也是最后一集，名为逃脱与躲避。视频中回顾了整个系列的核心概念，强调了理解市场结构、价格行为和大型资金流向的重要性。通过分析不同时间段的市场行为，如纽约开盘和伦敦闭市，以及结合时间、价格理论和斐波那契工具，交易者可以识别高概率、低风险的交易机会。视频还强调了风险管理的重要性，建议交易者在掌握基础知识和技能后，逐步增加风险敞口，以稳步增长资金。

Takeaways

• 📈 交易计划的总结与回顾：本视频是对之前系列教程的总结，旨在回顾和概述交易者应该从每个单独部分中获得的知识。
• 🕒 学习时间的重要性：强调了花费六个月时间逐步学习每个概念的重要性，以便深入理解每个组件。
• 🌐 市场结构的理解：讲解了如何识别市场在一天中不同时间的行为模式，特别是在纽约时间下午2点至5点以及伦敦交易时段。
• 📊 价格行为的观察：强调了观察和理解价格行为模式的重要性，特别是在特定时间段内重复出现的行为。
• 💡 技术分析的基础：介绍了如何通过观察大型基金和机构交易的动向来理解市场趋势，而不是试图预测价格走势。
• 🔄 市场循环与周期性：讨论了市场在一周内的循环模式，以及如何利用这些模式来识别交易机会。
• 📉 风险管理：强调了风险管理的重要性，包括合理的止损设置和避免过度杠杆。
• 🎯 交易策略的执行：详细说明了如何在不同的时间框架下执行交易策略，从日线到5分钟线。
• 🌟 交易心态的培养：讨论了作为交易者需要培养的耐心和目标导向的心态，以及如何避免在市场上无目的地交易。
• 📌 交易信号的识别：提供了如何识别市场中的交易信号，包括价格突破和关键支撑/阻力位的测试。
• 🚀 交易成功的关键：总结了成功交易的核心要素，包括理解市场结构、价格行为、风险管理以及耐心等待高概率交易机会。

Q & A

这个视频系列的主要目的是什么？

这个视频系列的主要目的是提供一个总结和概览，帮助观众理解在每个单独剧集中学到的概念，并强调了重复学习和实践的重要性。

为什么讲师强调观众需要花时间学习每个组件？

讲师强调观众需要花时间学习每个组件，是因为这样可以帮助他们深入理解每个概念，并最终能够将这些组件综合起来，形成自己的交易计划或市场参与过程。

讲师提到了哪些特定的交易时间段？

讲师提到了几个特定的交易时间段，包括纽约时间下午2点到5点，伦敦交易时段，伦敦闭市时间在GMT 1500到1600之间，以及纽约开市时间在GMT 1200到1400之间。

讲师如何看待基本面分析？

讲师认为基本面分析是非常重要的，但他自己并不以基本面作为交易的核心原则。他依赖于价格行为来传达那些比他更懂基本面的聪明资金的动向。

讲师如何描述市场中的“聪明钱”？

讲师将市场中的“聪明钱”描述为大型基金、机构银行和拥有大量资金的交易者，他们能够在市场上留下明显的足迹，并且他们的交易行为能够引起价格的重大变动。

什么是ICT狙击系列技能集？

ICT狙击系列技能集是讲师在视频中介绍的一套交易技能和策略，包括理解市场结构、识别大型资金流动、利用价格行为信号等，旨在帮助交易者构建自己的交易计划。

讲师为什么建议交易者在市场动态中寻找特定的模式？

讲师建议交易者在市场动态中寻找特定的模式，是因为这样可以帮助他们识别出大型资金的流动，并在适当的时机进行交易，从而提高交易的成功率和降低风险。

讲师提到了哪些关于风险管理的建议？

讲师提到了几个关于风险管理的建议，包括使用止损订单、不过度杠杆、在模拟账户中练习直到完全自信、以及始终保持低风险暴露。

讲师如何看待交易中的“街头资金”？

讲师认为“街头资金”通常是没有计划、缺乏目标导向的交易者，他们在市场中无目的地交易，容易在安静的市场中过度交易，导致损失。

讲师为什么强调在交易中要有耐心？

讲师强调在交易中要有耐心，因为耐心等待特定的价格行为模式可以帮助交易者避免冲动交易，提高交易的准确性和盈利概率。

Outlines

00:00

🎥 课程总结与逃避追击

这是ICT狙击交易系列的第八也是最后一集，本集名为“逃避追击”，主要是对前七集内容的总结和概览。讲师强调了通过六个月的学习，观众应该已经对每个单独的部分有了深入的理解。本集并不打算引入新的技术概念，而是鼓励观众复习和深入理解之前的内容。

05:01

💡 市场动态与价格行为

讲师解释了市场是如何通过大型基金的进入和退出来移动的，价格寻求收益，而收益的位置是未来价格行动的催化剂。他强调了价格行为背后的驱动力，并指出作为交易者，我们应该关注价格行为而不是试图预测市场动向。

10:01

📈 价格模式与交易策略

讲师讨论了价格模式，特别是大型基金和机构级订单流如何影响市场。他强调了理解这些模式的重要性，并且指出零售交易者无法像大型基金那样推动市场。他还提到了在特定时间窗口内观察到的价格行为的重复模式。

15:01

🕒 交易时间与市场活动

讲师详细讨论了不同交易时段的市场活动特点，如伦敦开盘、纽约开盘和伦敦收盘等。他解释了这些时段内价格行为的特定模式，并强调了在这些时段内交易的重要性。

20:02

📊 图表分析与交易决策

讲师指导观众如何通过观察图表来识别市场结构和潜在的交易机会。他强调了在每日图表上识别关键支撑和阻力水平的重要性，并讨论了如何结合市场结构和订单流来做出交易决策。

25:04

🌐 市场结构与资金流向

讲师继续深入探讨市场结构和资金流向的概念，解释了如何通过识别关键的高点和低点以及市场结构的变化来确定交易方向。他还提到了如何使用指数移动平均线来确定市场的趋势。

30:05

📈 交易计划与风险管理

讲师强调了制定交易计划和风险管理的重要性。他建议交易者应该在模拟账户中练习，直到他们能够严格遵守规则和纪律。他还讨论了如何使用斐波那契回撤和扩展来确定入场点和盈利目标。

35:06

📊 多时间框架分析

讲师介绍了如何结合多个时间框架来进行市场分析，从每日图表到4小时、1小时、15分钟和5分钟图表。他解释了如何在不同的时间框架上识别和确认交易信号，以及如何利用这些信号来制定交易决策。

40:09

🚀 交易执行与心态建设

讲师总结了整个课程的核心概念，并强调了耐心和纪律在交易中的重要性。他鼓励交易者专注于高概率、低风险的交易机会，并建议使用小额风险来追求更大的回报。最后，他提醒交易者，理解和应用这些概念需要时间和实践。

Keywords

💡交易系列

交易系列指的是视频中提到的一系列关于交易的教育内容，旨在通过分步骤的教学帮助交易者理解和掌握交易的各个方面。在视频中，交易系列被用来指导观众如何通过不同的交易模块来构建自己的交易计划。

💡逃脱与躲避

逃脱与躲避在视频中指的是一种交易策略，涉及在市场不利条件下如何安全退出头寸以避免更大的损失。这种策略强调的是风险管理的重要性，以及在面对不确定性时如何保持灵活和敏捷。

💡价格行为

价格行为是指在金融市场中，交易标的（如股票、货币等）价格随时间变化的模式和趋势。它包括了价格的波动、趋势、支撑和阻力水平等，是交易者用来分析市场并做出交易决策的关键因素。

💡时间窗口

时间窗口在交易中指的是一天中特定的几个小时，通常与市场活动最频繁、流动性最高的时段相对应。交易者会利用时间窗口来识别可能的价格变动和交易机会。

💡机构资金

机构资金指的是由大型金融机构、银行或基金管理公司控制的大量资金。这些资金的流入和流出对市场价格有显著影响，因为它们通常代表着市场上的'聪明钱'。

💡市场结构

市场结构是指在特定时间段内市场价格行为的总体模式，包括趋势、支撑和阻力水平、交易范围等。理解市场结构有助于交易者识别交易机会和管理风险。

💡交易计划

交易计划是交易者为了实现交易目标而制定的一系列规则和策略。它包括入场和退出策略、风险管理、资金管理等，旨在帮助交易者系统化地进行交易。

💡风险管理

风险管理是指在交易中采取措施来控制和减少潜在的财务损失。这包括设置止损点、合理分配资金、避免过度杠杆等，是交易成功的关键组成部分。

💡交易心理

交易心理涉及交易者在交易过程中的情绪和心理状态，包括恐惧、贪婪、耐心等情绪因素，这些都可能影响交易决策和结果。

💡交易策略

交易策略是交易者为了在市场中获利而制定的一系列规则和方法。它通常包括市场分析、入场和退出条件、资金管理等。

Highlights

本系列视频的目的是总结和回顾之前的教学内容，而不是引入新的技术概念。

通过六个月的学习，观众应该对每个单独的部分有了深入的理解。

交易者需要理解每个交易组件，并将其整合成一个交易计划或市场参与过程。

时间对于理解交易概念至关重要，特别是在特定时间段内的价格行为。

市场只有在大资金进出时才会移动，价格寻求收益，收益的位置是未来价格行动的催化剂。

交易者应该等待聪明的资金首先移动价格，而不是试图预测价格走势。

交易者需要理解大型基金和机构级交易对零售账户的影响。

交易者应该在市场动态中寻找特定的模式和行为，而不是无目的地交易。

市场在特定的日子和时间窗口内会有重复的价格行为模式。

交易者应该专注于在市场动态中寻找高概率、低风险的交易机会。

风险管理和资金管理对于交易成功至关重要，不应该过度杠杆或过度交易。

交易者应该使用斐波那契回撤水平来确定交易的入场点和盈利目标。

伦敦开盘和纽约开盘是理想的交易时段，具有独特的特征。

交易者应该在高时间框架的方向上交易，并寻找与高时间框架时间和价格理论相匹配的交易设置。

交易者应该等待市场确认，而不是追逐价格，特别是在市场动态中。

交易者应该在控制风险的前提下，专注于每周至少一次的高概率交易设置。

交易者应该在学习和实践交易时保持耐心，不要急于求成。

通过系统地学习和实践，交易者可以将复杂的交易概念内化并简化其交易过程。

Transcripts

well hello folks this is ICT with the

eighth and final installment in the

scout sniper trading series this

episode's going to be called

escape-and-evasion now what it's going

to be doing essentially is providing you

a summary and an overview of what it is

specifically that you should have

gleaned going through each individual

installment now it's not my aim to

produce additional technical concepts in

this episode in fact what I've done was

I forced you to spend six months if you

do two calculations on your calendars

you'll see that we've spent six months

from the initial installment to now this

one being the last in the series to be

released because what I did was I forced

you to look at the concepts over a

period of time okay you have to have a

sample set of looking at each individual

component that was produced and released

in modular form each episode had its

individual premise in mind for you to

study and utilize in your own exercise

and training so that way allows in the

individual of viewers the time that's

necessary to adopt the understanding

that each component requires once we

understand all the components

collectively ok and intimately on each

component once that's understood then

it's very easy for someone that's a

mentor or a teacher to conceptualize it

into a trading plan or a process of

engaging the market so I guess it's a

long way around saying you need to take

the time to study each individual

component know it intimately understand

why it does what it's doing ok and what

am i referring to well the time of day

theory ok what happens between 2 o'clock

and 5:00 a.m. New York time barricades

are in the London session what do you

typically see what type of price actions

usually you know characteristic of that

time of day the london close between

1500 and 1600 GMT that time window

typically you know produces something

else in turn

of price action that's very generic and

repeats itself over and over again the

New York open okay twelve to fourteen

hundred GMT okay what happens during

that timeframe okay on a daily basis

doing that over a period of time builds

an understanding again intimately on

what each individual component of each

installment that we produced and shared

with you so by having that amount of

time and that exercise oriented approach

to learning hopefully you've done that

if you haven't obviously this episode

will more or less and force you to go

back through it again okay and actually

it's in my intentions really to make you

go through that series one more time and

it's not for YouTube views or statistics

and you need to try to get more views

because that's not my interest if I

could get a handful of really

exceptional traders okay that are

consistently delivering the results that

they aim for that's my goal you know I

don't monetize my videos I'm not trying

to get you know hits or or stats so it's

really the feedback okay that I get a

high off of so it's with really that I'm

hoping that if this video series has

been helpful to you if it's insightful T

is to help you build a foundation to

price action analysis I would love to

have you know some feedback you can

reach me an iced et at the inner circle

trader.com it's really the driving force

behind why I do what I do is I do not

sell courses I do not sell seminars I do

not sell books I do not sell any

information whatsoever I do this because

of you know just a sheer passion and

sharing it I'm successful in my own

right so by sharing it certainly not to

take anything from me but I certainly do

enjoy and really get invigorated by the

the feedback of new developing traders

or folks that have been trading for a

long period of time they come on to the

ICT concepts and it really gives a super

charge to their understanding in price

action and hopefully the results are you

know positive so let's get on to this

presentation okay so what was it we're

gonna be looking at in this presentation

we're gonna covering well we're gonna be

reviewing the series okay and basically

going over what it is specifically that

you as the viewer okay should have

gleaned now we're going to be looking

specifically at the ICT sniper series

skill set we have to understand that you

know going through this video series

we've learned that the market moves only

by means of large funds entering and

exiting price seeks yield so where

yields are and where yields are moving

towards that is going to be a catalyst

for where future price action will ensue

okay so you have to understand that

price in itself isn't just simply moving

around you know aimlessly there is a

driving force fundamentally okay driving

force behind price action we cannot

always discern what that is okay there

are fundamental traders that I

admittedly they may be very very astute

in terms of the fundamentals but me as a

trader I simply can't grasp fundamentals

as a central tenant to my trading so I

rely on price acting to convey those

that are smarter than me in that realm

okay because large funds and and banks

are more in tune with the fundamentals

and the drivers behind

currency exchange I allow them to you

pretty much leave their footprint in the

sand and then if they're doing something

specific I'm gonna be looking to follow

suit okay so it removes all the

necessity of being a genius and we do

not look to predict price moves okay we

would rather wait for smart money to

move price initially now this is going

to help you hone the skill of patience

and if you understand what that front

print looks like and we talked about

that in several examples in the series

it allows you to simply wait for that if

you will roadsign okay because most

individuals sit in front of the charts

and you have really have no idea what it

is they're specifically looking for but

hopefully with this series we have

zeroed in on what specifically you're

looking for

that initial move that quick sudden move

away from a particular price level that

indicates fundamental flows being driven

by institutional level trading okay

retail trading cannot move the market we

are just little fleas on the big dogs

okay so if the dogs running okay

hopefully we're on for the ride

and bottom line is we can just take a

little bite here and there but

ultimately we can't make the weight so

we just ride them now the typical

business model and trading is simply

understanding that there's a generic

price action theory that unfolds on a

daily basis that goes over and over and

over again between London to New York

and London close okay there's a small

little pocket of action that goes on in

Asia but we didn't spend any time of any

significance really in that but I do

have a video dealing specifically with

Asian trading so if you look at that on

my youtube channel you can certainly

glean what it is that's useful for that

that time window or kill zone but

specifically moves repeat in specific

times of day and specific days of the

week and that phenomenon again is very

generic it's not attributed to any one

author it's not attributed to any one

specific you know source it's just a

generic observation that I've made over

the years and gleaning certain things

from Larry Williams in trading day of

the week understanding with his bond and

as a P trading really gave me the

insight to hey look you know what he's

right you know because he mentioned in

his teachings that you know humans by

far and large were really good starters

okay but we really suck really at you

know finishing okay and we spent a lot

of time throughout the week

okay trying to chase money but as we get

closer to Friday when the markets are

closing our interest really wins and we

anticipate the weekend so we spend the

most time of our weekend studying

looking at fundamental data price charts

and we're all in a hurry to get ready to

do something new for the new week and

that's why typically the weekly higher

lows formed in the first couple days of

the week

in the weekly range unfolds with that in

mind so we learned that there's a

specific generic business model that

takes place and we understand how market

makers deal with in that overall price

model long term higher timeframe charts

illustrate to the direction of smart

money now a smart money again we've

identified as the large funds the

institutional banks the traders that

have huge huge accounts and a large

supplies of money to really caused these

major shifts in price week as traders

week and retail level we cannot cause

these major price spikes okay it was

just simply not enough of us but when we

have higher level entities okay to have

really deep pockets when they do

exchange transactions in the marketplace

they can't hide that okay so there's a

very very telling footprint okay left in

the charts if you understand what it is

you're looking for

it really tips the cards and lets you

know what it is they're doing smart

money or large funds are not scalpers

okay they require and produce sustained

moves so that's that was hopefully one

of the main paradigm shifts that you you

encountered with this series because

you're gonna need the understanding of

waiting for specific price action okay

to unfold before you take action on your

retail account because if you're a

scalper and you don't understand the

concepts of how large funds and order

flows directly impact you as a trader

even as a scalper you will fail okay you

have time to have them you have to

understanding that you know price has to

move by a larger entity and without that

institutional quote-unquote sponsorships

I like to refer to as in price moves

you're simply going to not see the

advancements in price that you hope to

make even as a scalper so we we did a

very

in death study of smart money and large

funds and institutional level order

flows so when you see that type of thing

unfolding in your charts you know that's

a green light go you need to start

following that market okay now trading

in environments where institutional

flows move price will as a direct result

make your equity rise because you know

that the market is predisposed to move

on a grand scale not miners static

little short-term blips and in this

static price action that's not how you

want to be trading even in any other

asset class not just simply in FX you

have to have that environment where

things are moving okay as traders we

need price movement if if price is

stagnant there's a reason for that and

we're gonna talk more about that as we

go quiet markets are quiet for

fundamental reasons specifically dead

money or Street money invariably trade

during these times because they need to

be doing something because they have no

plan they're like a dog in a meat market

they're nibbling on this and nibbling on

that we as specifically detail-oriented

traders okay very patient very

goal-oriented okay we are we are trained

to look for specific things in the

market place we don't simply go in there

because we have time to sit in front of

the computers to do some trading we are

looking for something specifically in

the price charts before we even

contemplate putting on a trade okay and

that's the divider between the stupid

street money okay or the neophyte rookie

traders that just because they read some

website ok claiming to give you the

introductory course on price and forex

that will not equate to success because

there's a whole lot of other things that

have to go on that the majority of

teaching and resources on the internet

simply do not have the understanding or

the you know the responsible nature and

we've been revealing it to you ok so

just simply because it's

and you think it's safe and you your

stop-loss OBC because I hasn't been

moving around that much think about it

as a new trader when you first got

involved fast markets are scary right

why that's what you want is a trader

okay you're in control of the risk

you're in control of the leverage so a

fast market can be tamed with your

leverage okay but quiet markets are

basically they're just graveyards

waiting for you to begin to bury

yourself in because you'll over trade

them because even if it's a small stop

that you think you're safe by

implementing small stops still get

tripped if you're wrong in 90% of the

time new traders have no idea what

you're doing and this static price

action alone will come down and tag you

out but you are a new trader you're

going to over trade a quiet market

because you need to give that money back

and the cycle repeats and we talked

about that type of thing in this series

you require the professional trader

volatility and volatility is the

tell-tale sign that's someone with more

money than you is moving the market and

it's time to start paying attention to

that particular asset class okay price

moves typically in an overall weekly

direction okay and you want to be

trading in that direction whether your

short term day trading or if you're

looking like we teach in this series

here one shot one kill

one weekly setup per week to build

discipline to build you skill set

development and understanding how the

institutional and large order flows move

the market and you can sit on your hands

and wait for really these cherry setups

where you just simply are just not

you're not interested in all the little

tiny minor moves you just want something

that's really locked for a high

probability low-risk opportunity dynamic

and/or explosive moves result from

higher time frame analysis and time and

price theory by coupling the higher time

frame analysis concepts and time and

price Theory kill zones train day the

weak premise you will have the

ingredients for a very very dynamic

price action based model of trading

entering what markets move opposite to

your intended trade is optimal that's

the premise behind the ICT optimal trade

entering the OTE forces you to trade in

the opposite direction of where you

intend to profit from okay your selling

during a rally you're buying during a

decline that's how that price pattern

works because you are doing that you

will overcome the dealer spread much

more quickly and you'll be closer to

your stop versus waiting for the market

to move we're looking for what you think

is confirmation but it's moving farther

away from where your intended stop loss

placement should be thereby requiring

you to take on more risk

okay then necessary so we've learned

that with a paradigm shift of looking at

how the markets are ideally and

optimally traded when it's moving away

from your intended trade direction and

it takes some skill set exercises that

require you to be in the market looking

at how price moves on a lower timeframe

because it gives you several

opportunities a couple times a day where

you can do these types of skill set

exercises and see what it's like when

you be buying when it's a bearish candle

okay when's a bull face bears candle it

takes some reverse thinking okay because

it looks like it's kind of continued to

go lower and that's exactly what the

myopic retail traders think and those

that continuously lose their shirt you

have learned how to think differently

your mindset has now been plugged in to

how smart money operates because they

have to buy when prices go down and they

sell when prices are going up market

makers generally price markets higher to

sell into the rally we understand that

that's the market maker sell model by

having that template in mind we can

understand that when price rallies okay

and goes into a resistance level the

price model okay

generically speaking if you will will

generally unfold as that graphic that I

shared in the series a Kay depicts okay

and the same thing is said for a market

maker by model

market makers will generally price

markets lower to buy into that drop so

it gets back to the fundamental premise

that we do not we don't chase price okay

we understand where price may be trying

to get to and when it gets to specific

price levels then in and then it only is

when we stock setups and price patterns

to facilitate or execute a trade entry

we don't care if prices explosively

moved 150 pips and our setup has moved

okay outside the parameters of potential

entry and price takes off and goes and

leaves us behind we do not care about

that because we understand that the

premise that we used to trading repeats

over and over and over again we don't

have to force ourselves into a trade and

we don't have to chase it and jump on

board after it's done moves 40 pips

there's no there's no there's no need

for that okay and hopefully this series

has produced that mindset in you because

if you're chasing price you're looking

through your count away very very

quickly now significant price moves are

typically seen immediately after stops

are rated now we've given you exercises

to look for where clean levels are on

your chart if you see several times

where the short-term highs have made

rallies up to a specific price level but

neither one made of any significant

sweep above the previous high that is an

indication that the levels to clean and

folks that are trading that market they

may sell into those highs okay and their

stop-loss orders would be just above

those particular highs when you see that

phenomenon and same thing said for equal

lows okay or double bottom lows I don't

like double bottoms because to me

they're just classic scenarios for folks

to put their stops bolete beneath it and

then what'll happen is you'll get a

turtle soup okay or a similar pattern

like that where it will barely go down

spike through it rate it and then very

dramatically and dynamically run the

other way okay and when you see that

happen if you don't take action during

the raid itself okay if you're not

student off to know how to trade those

raids then you can simply wait for them

to unfold and then wait for the order

block to be retested after that initial

move up because it's going to be the

same thing that we look as a classic

price rally we wait for the pullback and

then we buy into it I mean same things

said for a selling scenario now

Fibonacci can be used in trade execution

and we use it for stop placement and

target setting okay and using the skill

set exercises that we released in this

series there's nothing outside of that

that I do with Fibonacci that is

necessity or necessary rather that you

need to do with Fibonacci to make it any

more complicated than this you're

looking to find a pullback between the

69 and 79 percent retracement levels and

hopefully that is an overlay of an order

block within a higher time frame

directional premise and it's simply that

you just wait for that to unfold and you

use your swing projections and your

mortgage structure to define highs and

lows that you would look for extensions

in your Fibonacci for price objectives

okay now London open and New York open

are ideal day trade sessions with unique

traits typically we learned that the

long open has specific characteristics

that's inherently directly related to

the higher low of the daily range and

the New York open typically has a

specific characteristic that is in

relationship to what takes place during

the long and open and by specifically

trading those time windows or ICT kill

zones you have the highest probability

to trade when specific market turning

points take place now the majority of

the daily range highs and or lows form

in specific time windows or what I

commonly refer to as icy tilt ICT kill

zones

it's not enough simply because you have

the free time to sit from the charts you

expect price to move you have to be on

board and plugged in when the the

players are you know on the on the

playing field if the banks are not

looking to do anything transactionally

the markets are not going to be moving

and we've identified where they

generally like to cluster in terms of

volatility we see a volatility injection

and London open a volatility injection

during to New York open and a volatility

injection at the London close and very

very minor little movements in Asia okay

and we look for weekly set up stead of

line with higher timeframe time and

price at key support means less

resistance levels so we understand how

to look at higher time frames for

resistance we understand how to break

down the directional bias on the higher

time frame daily and for our we

understand how to look at specific times

of the day in specific days of the week

we understand by blending all those

things

that's what facilitates or defines a

high probability low-risk trade

lastly trade with controlled risk

management and equity management always

it's not enough by having sound

principle oriented trading concepts it's

not enough if you over leveraged or if

you over trade you will blow your

account okay so it's important that you

work within a demo account setting until

you're absolutely 100% confident with

your ability to stick to within a realm

of rules and discipline oriented trading

only then when you decide I can't define

it for you I'm not suggesting that you

should start trading live money until

you yourself have assumed a

responsibility you've assumed the

understanding that's necessary for you

as a trader emotional psychologically

before you place a single penny at risk

in the market place you need to define

yourself as a trader what specifically

you're going to be doing okay and then

when you understand that even then still

keep your risk exposure very very low

okay what analysis and process is used

to study the daily chart okay we're

gonna be looking at the Mac review one

large funds and order flows now the ICT

daily chart time frame checklist is now

this is what you're doing okay when you

first sit down your your chart and you

first begin your analysis on a

particular payer asset class if you will

you have your daily chart opened up okay

what is it that you're supposed to be

doing well our concepts that we shared

in this video series

okay teach us that the very first thing

is that we look to see where yields are

okay because the market seeks yield and

where yields are supplied thereto is

where price will draw to okay and we

understand that the 10-year German and

the 10-year USD bond yields are useful

you can look at the European UK rather

10-year bond yield as well and when you

start seeing these divergence as we

discussed okay

that's usually a telling sign that we're

going to be seeing a shift but if you

are familiar with the futures market you

could look at the ten-year T note okay

and whatever the T no price is doing

just that's going to be the opposite

what yields are doing so if t knots are

going up yields are going down and if T

notes are going down in the futures

price that means yields are going up

okay and yields that go up well

generally oh no no higher time frame

basis will generally pull price up in

the currency market okay so it's always

chasing your yield the yield itself is

the directional premise you follow where

the yield is okay or if you want to use

the futures market it's gonna be the

opposite with the T note you're doing

okay now seasonal tendency these are

something that I consider but they are

not a panacea they're not a be all end

all and there's no guarantee now I use

them as I suggested in this video series

they're more like a roadmap and if I was

ask you you know in the states we

have you know pretty routine seasonal

influences we understand when the snow

is most likely to occur what months of

the year we understand when it's gonna

be hot we understand when it's gonna be

cool we understand when there's going to

be a lurchy season okay

seasonal tendencies are valuable because

we can look at when the large

significant price moves are most likely

to occur specifically during certain

months of the year I would counsel you

to utilize the seasonal tendency in that

capacity first until you grow in your

understanding of how the seasonal

tendency chart really communicates

what's going on it's not simply looking

at the lowest low and the seasonal

tending to start and say okay well the

market makes a low in this chart between

this month and that months therefore I'm

only to be looking to be buying then no

you have to have some other technical

you know characteristics behind the idea

not just simply doing because a seasonal

tendency suggest that it's gonna make a

lower high okay we're really more

inclined to following when there's a

large price swing that usually moves in

one direction or the other that's really

the basis for how I use seasonal

tendencies okay we look on a daily chart

for obvious key support resistance

levels now we note these with at least

two to three years of data on our screen

okay by having that that amount of data

on your chart it really will remove the

necessity of having your weekly chart

analysis done okay but it will at least

give you the higher level support

resistance levels that may be outside

the scope of most myopic you neophyte

traders that simply don't look beyond

into the last couple weeks okay now do

not discount the levels acquired on the

study of weekly and monthly charts okay

because these two are odds builders they

have the the impact okay of creating

very very dynamic reversals okay and if

you ignore them okay you really

handicapping yourself so while I didn't

spend a whole lot of time in this series

doing that it would be very foolish of

me not to at least include it as

jes tchen that you should be looking at

the monthly weekly charts periodically

not a whole lot just once in a while

just take a gander and you'll and you'll

hopefully see you're within a range that

you know facilitates you know sound

trading with the daily chart and lower

timeframes in mind okay on the daily

chart we try to determine the current

market structure okay are we in a

bullish market structure or a bearish

market structure have we just

encountered a market structure shift

okay it has a specific key hide and

taken out so now we would be looking for

a buy model to unfold or is it a swing

low of any importance its unfolded where

we now look for bearish markets moves

and sell model to unfold

okay and what price swing are we trading

in is it a long term price swing as well

and Mia turn swing or is a short term

swing okay these are things that you

have to discern that overly build upon

the type of trade that you're going to

be hunting what our large funds doing

and where is the order flow suggesting

prices trading up or down basically it's

like market structure or you know order

flow where if we take out specific highs

and lows again in conjunction with

market structure as a whole if we see

flows are bullish okay we need to be

starting to look for our tools to

suggest and support the notion that the

higher prices are in order and vice

versa for you know selling scenarios

overlaying the nine exponential moving

average and 18 exponential moving

average okay for the buy and sell models

is very useful for directional bias it's

one of the reoccurring themes I get an

email all the time you know how do I

know if the markets going to go up I

don't know if it's gonna go down well

first I'll tell you now like I tell

everybody an email I don't know for

certain it's always going to be up or

down I just have a odds of knowing over

a period of time I'm more often right

than I'm wrong in terms of directional

premise and that's all you need in

trading but to mathematically define how

you as a neophyte trader can classically

determine a bullish or bearish market

okay just by looking at the nine and

eight

we'll give you a very very good tool for

looking for weekly setups when a9

exponential moving average is greater

than the expansion moving average that

means the nine is above the 18 we look

to focus simply on taking long trades

okay we're only trying to buy that

market when a nine exponential moving

average is less than the exiting

exponential moving average or in other

words the nine is below the 18 we focus

on shorts only okay we highlight key

swing lows and swing highs now by having

that we we have to note the high to low

to open the close on each of the three

bars that comprise a swing high and

swing low because those specific levels

are going to be very very sensitive now

if you spend a lot of time looking at

price charts okay on a daily chart do

some exercises indicate the further you

build your understanding of how the

high-low open and close prices are

sensitive because when price goes back

to those levels eventually at a later

time you'll see many times that that's

exactly where price patterns will form

and they'll happen to occur

during an ICT kill zone identify major

reaction levels where price obviously

and strongly moves away from particular

level okay that's the footprint we're

looking for when we see that we know

Winston

we have institutional sponsorship so we

have the first pullback that's what we

buy or if it's declined the first rally

up okay that's when we look to sell in

to highlight potential order blocks

where price will possibly react in

similar fashion now I'm not going to

revisit order blocks because I did it

exhaustively in this series so if you

understand that concept of how I

determine where institutional order

blocks are you'll know what I mean by

this okay and I'm going to take a moment

here to to amplify what we're doing

because this may look like an

oversimplification so far in this video

but I really want you to understand

there was a whole lot of information

delivered to you over seven individual

videos I'm not going to build up each

piece of this with examples because you

already have that understanding in the

video itself so you have to take that

information and build it upon this

checklist okay and amplify your

understanding what's necessary

now all levels and order blocks are

carried over to the lower for hour and

16 min and lesser timeframes okay what

analysis and process is used on the

study of the 4-hour chart now the

intermediate view on large funds and

order flows it's the ICT 4-hour chart

time frame checklist

okay now the daily analysis is kept in

focus here occasionally because we're

down on a 4-hour chart does not mean we

simply toss away the analysis and the

premise that's arrived at looking at the

daily chart and we hold on to this bias

ok derived on the daily chart as our

foundational basis for trade ideas while

the daily analysis is in a by model we

look for key support levels to stock

setups on and conversely while the daily

analysis is in a sell mode we look for

key resistance levels to stock setups on

majority of stop orders are discernible

on this timeframe look for rating

candidates because they're going to

provide you the quiddity and where

there's liquidity pools there's going to

be very discerning clear highs and lows

that if taken out and it would still

keep the overall price structure you

need a bullish or bearish but you got to

ask yourself always you know where's the

guys that are profiting right now where

are they

placing their stop-loss order because

before the next significant price move

happens invariably that levels rated and

tested and then quickly seeing price

reject and go the other way

define for our order flow and couple

this with market structure

what I mean by that okay well we look at

the for our trend okay we look at key

highs and lows if a specific short-term

high is taken out on a four-hour chart

once that's taken out our overflow a

market flow has changed to bullish okay

and we're gonna be looking for that to

be in alignment with the higher time

frame daily ideally the same thing would

be seen on the daily chart in other

words if we have a short-term high taken

out on a daily chart order flow is now

bullish so if you're looking at the four

hour time frame when the for our market

flow and/or order flow changes to

bullishness we have both in agreement

okay that's simply not enough you have

to have that coupled with market

structure are we having a entering a

term a long term or short term low or

high forming and where are we at in

terms of price swings okay by blending

all those components together okay

you'll find that you're buying a support

when the daily trend or bias is up and

conversely the same thing could be said

in Reverse when it for our order flow is

coupled with the market structure okay

you're gonna be selling resistance when

the daily is down look for reaction

levels within the daily directional

premise or bias that means your for our

charts gonna see quick sudden rallies or

declines okay

ideally those moves will be in the same

direction that you have arrived at for a

bias on your daily chart if it's not you

don't trade it that's not your trade

okay so we're filtering out a specific

side of the marketplace that we want to

be you know executing our trades on yes

you're gonna miss trades I'm promising

you that you're gonna miss trades I'm

promising you you're gonna miss

explosive dynamic moves that are

counter-trend

who cares you want to be consistently

taking one solid setup per week

profiting moving to the sidelines and

waiting for the next setup order blocks

can be fine-tuned on this period and

more precise levels at or near

institutional level

so in other words by taking your your

80s your 20s your 50s and your full

figures those levels will be very close

if many if not many times these

precision levels that you will see these

formations and price patterns take place

if in doubt on the daily chart the

4-hour chart can be used as the guiding

light on directional bias all for our

analysis is carried out and over 2 to

60-minute chart and or lower timeframes

okay what analysis and process is used

on a study of the 60-minute chart now

this is a short-term view on large funds

and/or order flows the ICT 60 minute

chart time frame checklist is as follows

the daily analysis is still kept in

focus here and again we are still

holding on to this as our basis and

foundational basis for trade ideas the

daily analysis could be mixed so consult

the for our perspective if that's the

case ideally daily in four hours should

agree the order blocks on both daily and

four-hour will produce the highest

probability setups so it's important

that you focus there first the reaction

levels seen on the 60 minute chart will

permit fine-tune entry with the

utilization of order blocks and those

order blocks will be selected based on

the same premise that you find on the

4-hour and daily a sudden quick

advancement in price or decline in price

then a return to the point of origin

viewing the weekly perspective on a 60

minute basis will provide a good vantage

point for swings now when you're looking

at a weekly section of price action okay

it's very easily studied with a 60

minute time frame if not a 60 minute a

15 minute is

is good as any but for now sticking to

the three hard timeframe if you look at

your weekly basis overall perspective

rather well in price action other words

looking at two to three weeks worth of

data one a one-hour chart is is ideal

gives you a good vantage point for

understanding where prices are swinging

and and retracing back into that way you

can find what range you're trading

within look for logical levels where

retail traders and funds would possibly

have their stops resting near again

looking for possible liquidity pools

before the next significant price

advancement or decline use market

structure concepts and fibs to stock

possible confluences where setups will

form again you're down to your lower

other three higher timeframe

perspectives by utilizing your fibs on

this particular price chart we'll give

you a very dynamic risk to reward ratio

okay your risk will be very low many

times ideally you want to be hunting one

two three risk the reward okay so don't

you remain hoping to make it as much as

three times what you're risking the day

of the week theory is a rough idea where

the weekly high or low is likely to form

so by implementing that idea with

studying the 60-minute chart with a two

to three week vantage point in terms of

how much data you have on your chart

that will give you a very good basis to

work within if we are bullish and

hunting a weekly long set up typically

Monday to wednesday typically the weekly

low is established if we are bearish and

hunting and weekly short set up monday

to wednesday typically the weekly high

is established we are not looking to

trade every day we're looking for one

solid set up per week consistently that

should be your goal you can trade

intraday day trades in the same

directional premises we've arrived at on

the daily and for

do not use the 60-minute without at

least referring to the four-hour and

ideally with the daily as well okay but

if you are a day trader and you're using

this course of understanding in price

action as your beginning point or

foundational study and you simply want

to be a day trader and aren't limiting

yourself to just taking one set up per

week if you're trading in the

directional premise that's arrived at by

using these concepts you can still do

you day trading but still focusing on

that one side of the marketplace either

being a buyer or seller based on daily

and for our all daily and for hour and

60-minute analysis is carried over to

the 15 and or five-minute time frames

okay what analysis and processes use the

study of the 15 and five-minute chart

okay this is the execution view on large

funds and/or order flows and the ICT 15

over 50 I'm sorry 15 or 5 minute chart

time frame checklist the daily for hour

and 60-minute perspective is maintained

even while studying price action on the

lower timeframe 15 or 5 minutes charts

have the days separated with vertical

lines to highlight possible day of the

week theory again if we're looking for

the weekly higher load of form it's

going to generally happen between Monday

Tuesday or Wednesday and there's more

detail as to when it's more specifically

expected to happen in the video series

if you go through the material but for

now we can generalize it by saying

Monday to wednesday the weekly high or

low is formed so that way you can trade

the rest of the week in that directional

bias note the asian range high and low

each day 5 GMT is the end of the asian

range parameter so what happens after 5

GMT which is essentially 12:00 midnight

New York time my time that's where I

classify the new day now one could argue

again like I mention

in the video course that the new day

starts in Wellington and I'll leave that

up to you to decide but for now if you

want to look at the market the way I'm

looking at the market I consider

midnight the new day and what happens

after that price point as many times

many more valuable in terms of what

takes place prior to that look for the

daily highs to form in cell models

between 7:00 GMT and 10:00 GMT this is

typically the London session London

invariably has a high probable

likelihood if you will of forming the

daily candles high or low okay and if we

formulated the trading bias to be

bearish okay we could be hunting the

daily candles high to form between a

specific time window and generally

that's 7 GMT to 10 GMT or the London

session and consciously if you look at

the daily lows you could find them

forming in by models between 7:00 GMT

and 10:00 GMT now typically the daily

high or low is formed on a sharp counter

trend direction on that day in other

words it's the Judas swing it's a false

move initially to fake everyone out and

then quickly rejects and goes the other

way okay we stock the setups by

combining time and price theory we hunt

inside time windows and within large

order blocks found on the 60 minute for

our and daily time frames opposite daily

high or low is formed inside the 15 GMT

216 GMT hours London close what am i

mean by that that means that if the high

is formed in London the low and the

candle for that day is generally made

during the 1500 GMT to 1600 GMT if the

the reverse is made in London okay

the opposite

spectrum of the daily candle range

higher low is formed obviously during

London close so I guess one could easily

say that the higher lows formed in

London open and during London close the

higher lows formed conversely when time

and price Theory overlap trading

patterns will form and that could be in

the form of an optimal trade entry

harmonic pay trading patterns and even

simple diversions okay so having this on

this understanding will facilitate a

whole nother level of trading for you in

that way you can identify very very high

probability low risk trade scenarios

where price action alone as the catalyst

is already predisposed to move in that

direction use fibs and swing projections

to determine possible price objectives

to form risk to reward ratios use fibs

to fine-tune entry points inside order

blocks with London and New York ICT kill

zones if the London setup is missed or

you were incorrect and stopped out you

can use 12:00 GMT the 14 GMT do New York

open session now most of the time New

York open is a continuation set up on

the heels of what London's action

already placed in so in other words if

London posted the daily high and it's

been going lower many times the New York

open session will be a retracement

within the range formed for the daily

candle at that point from the high May

in London to now continuation going into

the London clothes completing the daily

candles price action now you'll want to

avoid the New York open setups if daily

swings are maturing into key support

resistance New York open could produce

reversals

all trades should be limited to one

percent risk of total account balance

ideally while learning 0.25 in other

words one-quarter of 1% to 1/2 of 1%

risk should be the beginning traders

parameter so for maximum risk exposure

as you get more consistent obviously you

can move towards 1% risk but I would

certainly advise you not to go above 2%

even though it's commonly driven down

our throats that 2% is the industry

standard most professionals do not trade

with 2% if a loss has taken reduced risk

and leverage in half until the loss is

recouped it's slow and steady that's

what wins the race ok so even though one

could argue it's going to take you

longer to recoup the loss if you have

less risk exposure but I'm going to

counsel you to go back to how we are

looking at trades if we're looking with

for trades that have three-to-one payout

in other words we're making is many

times three or more times what we've

risk it doesn't take very long to recoup

the loss okay

so theoretically one could argue the

thought process of that it's going to

take you longer that doesn't hold water

okay and if you put it too if you put

these concepts to task you'll see what I

mean it's it's so much more understood

obviously by applying it and seeing it

in action even in a demo account setting

which is what I advise you to do anyway

do not rush the patterns wait for the

setups and the time of day for the

highest possible odds do not feel rushed

you don't need to rush simply because

you have time that be sitting in from

computers does not equate to profitable

trading so it's really important I

hammer that in your head focus on 16

minute reaction levels for ideal risk to

reward ratios again many times 1 2 3 or

better in other words you want at least

three times what you hope to absorb as a

not hope too but if you're willing to

take a loss in other words if you take a

loss of 20

okay you're looking for ideal trades at

least 60 pips or more okay so the set up

that you're trading do the parameters

that outline that trade idea the the

risk is defined to 20 pips ideally you

want 60 pips or more in terms of profit

potential okay so if you stay in that

realm you'll you'll be very very

effective in terms of long term trading

you only need to be about 70% of the

time you know to be wildly profitable

wildly profitable but if you trade with

three to one

you could be far less accurate in terms

of your trading and still be profitable

and that's really where you want to

start as a trader if you have no

foundation in the daily or four hour

time frames you have absolutely zero

reason to be this late in this stage of

analysis don't even look at a 15-minute

timeframe don't look at a 5 minute chart

because what you're gonna do is you're

gonna talk yourself into a trade that

may or may not have its foundation or

premise built upon the higher time frame

daily in four-hour and one-hour charts

stay patient and stay focused results

will manifest and absolutely surprise

you now hopefully this course has been

insightful to you and it's been crammed

with a lot of price action analysis

concepts that are unique to me but there

are many in the world of naysayers okay

that have watched some of my material or

if not all of my material and walked

away thinking well he has too many

moving parts okay and there's too many

things for his concepts to be applicable

and again I'm revisiting that because I

want to close with the premise in mind

that think about the the concept of

writing a bike okay when you're a child

and you watch someone maybe was your

older brother or sister riding the

bicycle okay you aspired to do that very

thing and perhaps that person that you

were aspiring to ride like okay was able

to do a wheelie in other words he could

ride on his rear rear wheel okay or when

I was growing up we were

like the years of BMX bicycling and

trick you know trick riding where you

could sit on the handlebars and ride

backwards on the bike and that's

advanced level riding okay you can't do

the things that those types of riders

okay perform until you get past the

training wheels but before you even get

to the training list you got to be able

to get on the bike and mount yourself

and stay on it before you can even start

pedaling there's stages of development

okay now obviously if you were to break

down each component from the the

grandest scale of being proficient at

riding a bicycle to the minut detail of

simply beginning the origin of aspiring

to want to ride the bicycle okay

anything and everything could be made

very daunting with a immeasurable level

of explanation but this in terms of

trading in speculation is so dangerous

to a trader with no real understanding

it's important that you have as much

understanding general knowledge before

you put your money at risk okay and I

think if you studied this information

and you had traded prior to

understanding these things you would

feel a little foolish on your part did

you

you're probably questioning why you were

trading before you understood these

types of things and that's good that you

identify that but my main point here is

while it takes a large amount of time

and effort on my part and yours to

discern the general approach and

concepts and core tenants to how I view

an analysis the overall summary of these

things okay are very condensed and even

this summer here once you understand

specifically what it is it's expected of

you as a trader you could take this

entire summary and place it in a form of

simple text that will fit on a business

card okay you basically

this is a summarized view of what it is

you should have gleaned from this course

but ultimately it's this if the daily

chart suggests it's going to go up and

the 4-hour is in agreement that it's

going to go up use the one-hour chart to

set up a time frame set up that allows

at least 3 to 1 risk to reward okay so

to summarize that would be simply this

look at an hourly chart by when the

daily and four-hour suggests it's it's

likely to go higher

use your fibs the full pull an optimal

trade entry pattern where it overlaps

with an order block you use a previous

high as your first objective to exit

with profit and then use Fibonacci

extensions to take your additional

profits look to be buying on a Monday

Tuesday or Wednesday when it's bullish

ok and diverse reverses said for sells

you tying your entries during London in

New York risk only 1% or 1/4 percent or

1/2 percent based on your understanding

so it's either if you're brand new at

this it's one quarter of 1% even in a

demo account don't think just cuz it's

not real money you know you're not gonna

you learn anything you're gonna learn a

whole lot or as much as a half of 1% but

certainly no more than 1% because it's

important that you develop the idea of

growing your money steadily but not

exponentially quick ok that can come at

a later time when you understand a lot

more about yourself as a trader not in

the beginning ok so simply having the

understanding of all of the things that

we've talked about in here ok and

incorporating that into a process by

doing that systemically over and over

and over again it will become ingrained

in your memory it'll be a process of

simply just doing it and not thinking

about it but collectively if you

understand everything that was talked

about and conceptionally broken down the

understanding of actually doing those

very things

the procedure can be really condensed to

a business card amount of space in terms

of

identifying but if you were to take that

business card in handed to someone that

has no understanding or general

understanding of how the markets operate

that business card is the same thing I

said when I initially came out on baby

pips and said that I could put this

information on the front of USA Today

and it would go largely ignored because

it would go right over everyone's head

so that's why I forced you number one

with six months of study time I forced

you to have exercises modulae and now

with this even though if someone's just

looking at this video module they're

thinking this is ridiculous this is

useless that's precisely my point

you got to go back through the videos

take those pieces of information that

arrived at this summary and when you

formulate it in this form here when you

understand each component you have

absolutely the ICT million-dollar

trading plan and with that guys I wish

you good luck and good trading