The Only ICT Daily Profile Video You Need (Master Daily Bias)

Summary

In this video, the creator explains key daily trading profiles that can help traders accurately determine their daily bias. The video covers classic buy and sell templates, including London reversals, New York expansions, and the London Judas setup. By recognizing these profiles and understanding their timeframes, traders can avoid common pitfalls and improve their accuracy in predicting market movements. The creator emphasizes the importance of aligning with higher timeframes and key levels to boost the success of daily trading strategies.

Takeaways

• 😀 Knowing the four daily profiles helps you accurately predict the daily bias, reducing guesswork and improving trading consistency.
• 😀 The first profile, the Classic Buy Profile, focuses on a London reversal and New York expansion, triggered by key levels from 2:00 to 5:00 AM EST.
• 😀 To confirm the Classic Buy Profile, look for a key level (such as an order block or fair value gap) on a 1-hour chart to sponsor the move.
• 😀 Understanding higher timeframe order flow (such as daily and weekly trends) is crucial for making accurate predictions with daily profiles.
• 😀 The London Judas and New York Reversal Profile occurs when London makes a fake high or low, and New York reverses it by sweeping key levels.
• 😀 The London Judas profile can be applied to both London and Asia sessions, with the concept of a fake high or low being the main feature.
• 😀 The Power of 3 (Po3) profile is based on tight consolidation during Asia and London sessions, followed by New York manipulation and expansion, often triggered by high-impact news events like 8:30 or 10:00 AM.
• 😀 For the Po3 profile, you want to see a manipulation of key levels followed by expansion and continuation into the New York session, ideally between 8:30 AM and 10:00 AM.
• 😀 The London Swing to Z-Day profile is a tricky one, where after an early morning reversal, the price action consolidates after 11:00 AM, failing to meet the daily objective and causing potential frustration for traders.
• 😀 The key to avoiding frustration on a London Swing to Z-Day profile is to stop trading after 11:00 AM, especially on no-news days or after a large expansion on the previous day.

Q & A

What is the primary benefit of understanding daily profiles in trading?

Understanding daily profiles helps traders identify key market behavior patterns that guide decision-making. It allows traders to accurately determine daily bias and anticipate price movements, reducing the chances of making incorrect trades.

What time frame should traders focus on when analyzing daily profiles?

Traders should focus on the 1-hour or higher time frames when analyzing daily profiles. This provides better alignment with price action and helps identify key points of interest (POIs), such as order blocks or fair value gaps, that influence market direction.

What is the 'London Reversal New York Expansion' daily profile?

The 'London Reversal New York Expansion' profile occurs when the market reverses during the London session (2-5 a.m. EST) and then expands in the New York session (7-10 a.m. EST). This pattern is confirmed by a tap into key levels or PD arrays and results in a trend continuation toward a daily liquidity target.

How do traders recognize a London Judas in the market?

A London Judas occurs when London forms a temporary high or low without tapping into key levels or PD arrays, indicating a fake high or low. This pattern is followed by a reversal in New York as it sweeps the London high or low and continues toward the daily liquidity target.

What role do high-impact news events play in certain daily profiles?

High-impact news events, such as those at 8:30 a.m. or 10:00 a.m., often trigger significant price movement and manipulation. This can lead to the formation of the 'Power of 3' daily profile, where markets consolidate during Asia and London sessions and then manipulate in New York before expanding toward a daily objective.

Why should traders avoid trading after 11 a.m. in certain daily profiles?

After 11 a.m., especially around the London close, the market tends to consolidate rather than continue moving in a clear direction. This is often observed in profiles like the 'London swing to Z-day' profile, where price action ranges and traders are better off avoiding trades during these hours.

What is the key characteristic of the London swing to Z-day daily profile?

The London swing to Z-day profile typically starts with a seeming reversal, but after the initial morning move, price action consolidates around the opening price for the day. This pattern often occurs on low-news days or after a large expansion from the previous day.

How can traders use a 1-hour order block to confirm a London Reversal?

Traders look for a reversal at a 1-hour order block, which is a key price level where price has previously reversed. A good reaction to this level during the London session (2-5 a.m. EST) can confirm that the price is likely to move higher in the New York session, indicating a successful London Reversal.

What is the importance of identifying key levels like PD arrays in daily profiles?

PD arrays (Price Delivery Arrays) like order blocks and fair value gaps are critical for identifying areas where price is likely to reverse or continue. Recognizing these levels helps traders anticipate market moves and align trades with the prevailing order flow.

What is the difference between a classic buy profile and a classic sell profile in the context of daily profiles?

A classic buy profile occurs when price reverses in London from a key support level and continues higher in New York. A classic sell profile is the opposite, where price reverses in London from a resistance level and moves lower in New York. The key difference is the market direction after the initial reversal.