MMXM Trader V2 Forex Trading course- ICT Concept: 6.0 The Double Purge An Eye Opener to Liquidity

Summary

The video script delves into the 'Double Purge' trading strategy, highlighting its significance in identifying market movements with low resistance. It emphasizes the importance of Smart Money Trade (SMT) and higher time frame Price and Order Flow (PD) arrays to predict reversals or continuations. The script provides a step-by-step guide on recognizing and leveraging the Double Purge pattern for high-probability trades, with examples illustrating its application in various market scenarios.

Takeaways

• 🔍 Market makers move price with low resistance after purging both sides of the market.
• 📈 Use the double purge pattern in the direction of higher time frame institutional order flow.
• 📊 SMT (Smart Money Technique) is crucial for identifying high probability order blocks.
• 🔄 Double purge can indicate both reversals and continuations in the market.
• 🛑 In bearish scenarios, sell stops are taken out first, then buy stops, forming a protected high.
• 📉 In bullish scenarios, buy stops are taken out first, then sell stops, forming a protected low.
• 🔗 Order pairing of buy stops and sell stops is essential for determining market moves.
• 🖥️ Mechanical approach: Purge stops in sequence to predict market direction.
• 📌 Identifying premium and discount levels within the range is key for making trading decisions.
• 🔁 Example analysis: Double purge of stops followed by low resistance liquidity run confirms the market direction.

Q & A

What is the main focus of the 'double Purge' strategy discussed in the video?

The 'double Purge' strategy focuses on liquidity by knocking out both sides of the market (sell stops and buy stops) to allow market makers to move the price with low resistance in the direction of higher time frame institutional order flow.

How can the 'double Purge' pattern be used in trading?

The 'double Purge' pattern can be used for both reversals and continuations. It involves purging sell stops and buy stops to create high probability order blocks and fair value gaps, guiding traders on where to place stop-loss orders.

What role does SMT (Smart Money Technique) play in the 'double Purge' strategy?

SMT is crucial in the 'double Purge' strategy as it helps identify high probability order blocks and fair value gaps. It increases the probability of successful trades by confirming protected highs and lows.

In a bearish scenario, what sequence of events should traders look for according to the 'double Purge' strategy?

In a bearish scenario, traders should look for sell stops to be taken out first, followed by buy stops. After the buy stops are taken, SMT should be identified to form a high probability order block or fair value gap, indicating a protected high.

In a bullish scenario, what is the expected sequence of events in the 'double Purge' strategy?

In a bullish scenario, buy stops should be taken out first, followed by sell stops. After the sell stops are taken, SMT should be identified to form a high probability order block or fair value gap, indicating a protected low.

What is the significance of the 'premium key PD array' and 'discount key PD array' in the 'double Purge' strategy?

The 'premium key PD array' and 'discount key PD array' are crucial levels in the 'double Purge' strategy. They help traders identify areas where buy stops and sell stops should be accumulated, guiding the mechanical approach to trading.

Why is it important to accumulate sell stops below an old low and buy stops above an old high in the 'double Purge' strategy?

Accumulating sell stops below an old low and buy stops above an old high is important because it sets up the order pairing necessary for the 'double Purge.' This ensures that once both sides are purged, the market can move in the desired direction with low resistance.

How does the 'double Purge' strategy ensure a low resistance liquidity run (LRLR)?

The 'double Purge' strategy ensures a low resistance liquidity run by first purging both sell stops and buy stops, creating a situation where market makers can move the price in the real direction it wants to go with minimal resistance.

What is the importance of marking out premium and discount ranges in the 'double Purge' strategy?

Marking out premium and discount ranges helps traders identify where the buy stops and sell stops are likely to be accumulated. This is essential for applying the 'double Purge' strategy effectively and ensuring trades are taken at high probability areas.

How can traders identify high probability order blocks or fair value gaps in the 'double Purge' strategy?

Traders can identify high probability order blocks or fair value gaps by looking for SMT formations after the double purge of sell stops and buy stops. These formations indicate protected highs or lows, which are likely to result in successful trades.

What is the role of fractals in the 'double Purge' strategy?

Fractals play a significant role in the 'double Purge' strategy as they allow traders to apply the pattern on various time frames. By identifying fractal ranges, traders can spot double purges and low resistance liquidity runs at different scales of price action.

How can traders use order blocks formed by the 'double Purge' strategy to place trades?

Traders can use order blocks formed by the 'double Purge' strategy to place trades by entering positions at high probability areas such as discount fair value gaps or order blocks. These areas offer optimal entry points with minimal risk, ensuring effective trade execution.

What is the significance of a 'protected low' or 'protected high' in the 'double Purge' strategy?

A 'protected low' or 'protected high' signifies a level where price is unlikely to return after the double purge. These levels are essential in the 'double Purge' strategy as they indicate the direction of the low resistance liquidity run, guiding traders on where to place stop-loss orders.

How does the 'double Purge' strategy help traders anticipate market moves during high impact news events like CPI releases?

The 'double Purge' strategy helps traders anticipate market moves during high impact news events by identifying liquidity purges that occur before the news. By spotting these purges, traders can position themselves for the subsequent low resistance liquidity run triggered by the news event.

What is the key takeaway from the examples of the 'double Purge' strategy applied to various markets and time frames?

The key takeaway is that the 'double Purge' strategy is a versatile and effective approach that can be applied to various markets and time frames. By understanding the mechanics of liquidity purges and SMT formations, traders can consistently identify high probability trading opportunities.

Outlines

00:00

📉 Understanding the Double Purge and Market Maker Behavior

This paragraph introduces the concept of the 'double purge' in trading, which is a strategy used by market makers to move the price with minimal resistance. It explains that market makers will only initiate significant price movements after liquidating both buy and sell orders, creating a scenario with low resistance. Traders are advised to align their trades with the direction of institutional order flow and price distribution arrays. The importance of spotting a 'smart money test' (SMT) is emphasized, as it indicates the formation of high-probability order blocks, which are crucial for determining stop-loss placement. The paragraph also outlines the mechanics of the double purge in both bearish and bullish scenarios, illustrating how the initial liquidation of sell stops or buy stops can lead to a significant price movement in the intended direction.

05:00

📈 Applying the Double Purge Strategy with Real Market Examples

The paragraph delves into practical examples of the double purge strategy, highlighting the importance of identifying premium and discount ranges and focusing on specific price actions. It discusses the significance of observing the accumulation and liquidation of buy and sell stops in relation to old highs and lows, which can indicate a protected low or high, respectively. The text guides through the process of identifying a double purge, from the initial purge of buy stops to the subsequent purge of sell stops, culminating in a low resistance liquidity run (LRLR). The paragraph also emphasizes the importance of the SMT in confirming the high probability of a protected price level, which can be used as a reference point for trade entries and stop-loss placement.

10:03

📊 Recognizing SMT and Its Role in Confirming High Probability Trades

This section underscores the role of smart money tests (SMT) in validating the high probability of a trade setup. It explains that after a double purge has occurred, the formation of an SMT on a higher time frame price distribution array (PD array) is a key indicator for a low resistance liquidity run. The paragraph provides examples of how to identify and analyze the double purge in both bullish and bearish market conditions, using GBP/USD and other currency charts. It also discusses the importance of zooming into different time frames to observe the nuances of the double purge and the subsequent price movements, which can lead to profitable trading opportunities.

15:05

🚀 The Impact of Economic Data Releases on Double Purge Trades

The paragraph explores the impact of high-impact economic news, such as CPI releases, on double purge trades. It illustrates how the double purge can occur prior to such events, setting the stage for significant price movements. The text provides examples of how the market reacts to economic data, with the price action often reflecting the double purge pattern before the news release. It emphasizes the importance of identifying the double purge, the subsequent order block formation, and the expected low resistance liquidity run that follows, especially in the context of major economic announcements.

20:07

📉 Completing the Market Maker Sell Model with a Double Purge

In the final paragraph, the script concludes with an example of a market maker sell model, demonstrating how the double purge strategy can be applied to complete a sell trade. It describes a scenario where sell stops are purged first, followed by a price decline and a subsequent purge of buy stops. The paragraph explains how the energetic closing of candles below the lows can indicate bearish order flow, leading to the formation of a high probability order block. The text concludes by showing how a significant price drop can occur after a high impact news event returns to the order block, completing the market maker sell model.

Keywords

💡Double Purge

The 'Double Purge' refers to a trading scenario where market makers first clear out the buy stops, followed by the sell stops, creating a situation with low resistance for price movement. It is a key concept in the video, illustrating a pattern that traders can use to predict market direction. For example, the script mentions that after a double purge, market makers will move the price with low resistance, indicating a high probability trade setup.

💡Liquidity

In the context of the video, 'liquidity' pertains to the ease with which assets can be bought or sold in the market without affecting the asset's price. The script discusses 'low resistance liquidity', which occurs when there is a significant price movement with minimal opposition, indicating high liquidity and a strong trend.

💡Market Makers

Market makers are entities that facilitate the trading of securities by setting bid and ask prices. In the video, the role of market makers is emphasized in creating price movements, particularly in the context of the 'Double Purge', where they move the price with low resistance after clearing out both buy and sell orders.

💡SMT (Smart Money Trade)

SMT, or Smart Money Trade, is a term used in the script to denote a high-probability trade setup identified by specific market behaviors. It is integral to the video's theme, as it is the condition traders are advised to wait for after a double purge, indicating a significant accumulation of orders and potential for a strong price movement.

💡Order Blocks

An 'order block' in the video refers to a price level where a concentration of buy or sell orders is placed. The script explains that traders should identify these blocks to understand where the market might find support or resistance, and where to place stop-loss orders for trades.

💡Stop-Loss

A 'stop-loss' is an order placed by a trader to sell a security when it reaches a certain price, to limit potential loss. The video script mentions placing stop-loss orders above or below identified order blocks, which is a risk management strategy in trading.

💡Protected High/Low

In the script, a 'protected high' or 'protected low' refers to a price level that is likely to hold as support or resistance, respectively, due to the accumulation of orders at that level. It is used to describe a scenario where the price is less likely to move beyond a certain point without significant effort.

💡PD Array

The 'PD Array' mentioned in the video is a technical analysis tool used to identify key price levels or zones that could act as potential support and resistance. The script emphasizes using the PD Array in conjunction with other indicators to make trading decisions.

💡Fair Value Gap

The 'Fair Value Gap' is a term used in the script to describe a price area that is considered to be a reasonable or fair distance from the current market price. It is used as a reference point for identifying potential entry or exit points in a trade.

💡Fractal

In the context of the video, a 'fractal' refers to a smaller, self-similar pattern within a larger pattern, often seen in technical analysis of financial markets. The script uses the term to describe smaller price movements that mirror larger trends, which can provide insights into potential future price action.

💡CPI (Consumer Price Index)

CPI, or Consumer Price Index, is a measure of the average change in prices of a basket of consumer goods and services over time. The video script discusses the impact of CPI announcements on the market, indicating that the 'Double Purge' pattern can occur prior to such economic news releases, affecting market volatility.

Highlights

Introduction to the Double Purge concept and its significance in liquidity.

Market makers move price with low resistance after knocking out both sides of the markets.

Importance of aligning with higher time frame institutional order flow and PD arrays.

Double Purge can be used for both reversal and continuation patterns.

SMT (Smart Money Technique) is crucial for spotting high probability order blocks.

In bearish scenarios, sell stops are taken out first, followed by buy stops, forming a protected high.

In bullish scenarios, buy stops are taken out first, followed by sell stops, forming a protected low.

Key concept: Purging stops in a premium or discount key level.

After the Double Purge, market makers move the market with low resistance liquidity runs.

Mechanical approach: Sequentially purge stops to predict market direction.

Accumulate stops below old lows or above old highs to prepare for the Double Purge.

Once the stops are paired, market movement with low resistance becomes predictable.

Example: Crude schematic of price action for bearish and bullish scenarios.

Focus on premium and discount ranges to determine stop purging sequences.

SMT helps identify high probability order blocks, making trades more reliable.

Example: Detailed analysis of buy and sell stop purging on charts.

Market makers accumulate stops above highs and below lows to prepare for the Double Purge.

Low resistance liquidity runs are key to understanding market movements post Double Purge.

High probability order blocks form after SMT, crucial for setting stop-loss levels.

Detailed case studies of Double Purge in various market scenarios.

Mechanical and systematic approach to identifying Double Purge and executing trades.

Real-world examples of Double Purge and SMT leading to low resistance liquidity runs.

Focus on key levels and order blocks in higher time frames for accurate market predictions.

Importance of marking premium and discount levels on charts for effective Double Purge analysis.

Examples of Double Purge leading to significant market moves, including CPI releases.

Transcripts

so that concludes the swingo video Let's

head on over to the next topic which is

the double Purge an eye opener to

liquidity now we're going to be going

over a few points over here for the

double Purge those market makers will

only move price with low resistance

after they knock out both sides of the

markets now we want to use this in the

direction of the higher time frame

institutional orderflow and higher time

frame PD arrays and this pattern can be

used for both reversal and

continuations most important part over

here is smt we really want to spot that

smt to make it high probability because

why this is where the very high

probability order blocks form and if we

know what a high probability order block

is we also know where to put our stop-

loss above or

below so in a barass scenario sell stops

will be taken out first and then the buy

stops will be Tak

and what are we going to be waiting for

once those buy stops are taken we want

to see smt because that is where that

high probability order block and or fair

value Gap forms the high which took the

buy stops is very highly likely to be a

protected high and then again smt is key

here now in a bullish scenario we want

to see those buy stops getting taken out

first then the sell stops will be taken

and then again we want to be waiting for

that smt to form right because that high

probability the order block or fair

value Gap forms once that smt is formed

the low which took the sell stops is

very highly likely to be a protected low

and again smt is key over here over here

we got a crude schematic of price action

right we've got a line chart over here

for a bearish scenario we've got a line

chart over here for a bullish scenario

we've got our premium key PD array

outlined and our discount key PD array

so we have to approach this mechanically

right we want to see this F happen first

then that Etc so what are we going to be

waiting first we want to see those sell

stops purged or in a bullet scenario we

want to see those buy stops purged first

now why do we want those sell stops or

buy stops ped first think about the

order pairing video right rever back to

the previous videos we want to see those

sell stops accumulated below an old low

and those buy stops accumulated

above an old high so now that we have

accumulated the sell stops we want to

think about that order pairing right we

want to pair up the sell stops with the

buy stops or the buy stops with the sell

stops so how does that look like we're

going to purge the buy stop second over

here right we're going to take out the

high and now we're accumulating buy

stops over here and the key is in it has

to be in a premium key level over here

that PD array and then in a bullish

scenario we want to see that discount PD

array right now when both sell stops and

buy stops have been purged AKA The

Double Purge right then the market

makers will move the market in the real

Direction it wants to go with low

resistance liquidity run so now in a

bearish scenario first the sell stops

right then the buy stops perched which

is a double perch and then the lrlr

happens to this low and for the bullish

scenario same same occasion going to

purge the buy stops first accum ating

the buy stop pairing them up right order

pairing with the sell stops and then the

real move to the high happens which is a

low resistance liquidity run now what is

a key signature we want to see smt

happen on that higher time frame P PD

array so this is key double Purge and

smt for that low resistance liquidity

run now let's go over a couple of

examples so we can spot it on the charts

what are we going to look for right as

always Mark out your premium and

discount of the range and specifically

we're going to be focusing on this piece

of price action over here what happened

in this piece of price action so if I go

to the next slide we see buy stops and

sell stops resting above the high of the

range right the buy stops and the sell

stops resting below the range low so

what do we want to see first we want to

see those buy stops getting taken out

right the first part of the double Purge

then we want to pair up the buy stops

with the sell stops so sell stops pered

second down here accumulating those sell

stops now this low is highly likely to

be a protected low because we already

paired up the buy stops with the sell

stops right and then continuation up is

more probable what is key we're going to

be waiting for the double Purge right

and then we know the LR LR it will

happen into this High buy stops first

then sell stops then we have a protected

low formed and then we want to have the

real move which is a bullish move into

this high now we're going to be focusing

on this little fractal over here where a

large low resistance liquidity run

occurs and think about this high is a

target right in this whole range and now

we're going to zoom in on this piece of

price action which is a fractal range so

zooming in over here right we want to

see those buy stops and sell stops taken

out right the double Purge now why do we

want to have that we want to accumulate

those buy stops above that old high and

then pair them up with the sell stops

below it right now after we pair it up

we should have a protected low just like

in the example uh on the previous range

right we have this low here which should

be a protected low and now once we know

this is a protected low we should have a

low resistance liquidity run to the

highs which is on this High which purged

this range candle so if we zoom in a

little bit more right we have that piece

of price action over here but only we're

on a 4-Hour chart right the previous

slide was on a daily chart now same

thing happens over here right we've got

this

range and this is a fractal right we are

on 4 hour right now previous this was

the daily High and the daily low of the

range we can see the buy stops being

purged first then the sell stops and

then we have a protected low right and

what was key again mechanical approach

right we want to see one two then smt

happen for it making it a higher

probability protected low and then the

low resistance liquidity run should

happen into the high so zooming in a

little bit more now that we know that we

have smt we have a protected low we know

the lrlr is going to move into this high

so where does the opportunity lie we

always want to be a buyer in discount

right and we can actually see a 4-Hour

discount fair value Gap here uh which is

a perfect area to take along from so now

let's zoom out a little bit so we can

clearly see the sell side of the curve

and the buy side of the curve and think

about the previous video right mxm are

swing points we can actually see that we

have an original consolidation here so

sell out of the curve smart money

reversal what is key again smt right we

want to see that smt on the smart money

reversal then price moves up again and

then we are working with this fractal

range where we want to take a buy right

so buy stops were purged first then sell

stops protected low again smt is key so

where do you want to take a trade from

right the 4our F value Gap is the high

probability area where you want to be

taking a trade from now over here we can

also see after we purch the buy stops

right then the sell stops protected low

you can use that order block which is a

very high probability order block

because of that smt and because it's the

double Purge order block so now from

here on out you could also take a buy

from the order block into these highs

and then take profit above it right and

just outlining again over here that smt

is key on these lows so let's say you

did not get in on this order block is

there still an opportunity yes right

because we have a discount fair value

Gap coupled up with that high

probability order block so we know

because this is a highly likely to be a

protected low that you can put your stop

loss below that order block right and

enter from that discount for Value Gap

right so let's head in on the next

example over here you might already spot

what kind of model this is but let's

draw out the premium and discount range

first right this is the dealing range

we're working with we can see price

closes below inside this candle so it's

likely to run this low right and then

price dips back into discount and now we

can see the next candle takes out

previous daily low so let's zoom in a

little bit more on the one hour chart we

all know this is the X model right the

Twitter model from the mmm Trader I'm

going to dived in a little bit more how

the double Purge works on this specific

trade right so previous daily low gets

run first so we take external range

liquidity here right but what actually

happens if we zoom in on the 15minute

time frame we've got a previous daily

low low rate right but what happens

before we rate that previous daily low

first of all we purge those buy stops

right so we have a double Purge scenario

over here so we're accumulating the buy

stops bu that old high then running down

lower and then doing this the second

perch which is order pairing right we're

pairing up the buy stops with the sell

stops over here run previous daily low

and what do we know about the double

Purge we are creating a double Purge

order block which is a very high

probability order block where you can

take a trade from so we know that most

likely this is a protected low right

because we had the double Purge and then

we formed that order

block right so let's head in on the next

example we've got a GBP USD daily chart

over here and first of all we going to

spot the smt here right that is key

we've got this dealing range where price

broke back into into discount and then

moved away from here so we're going to

be focusing on this low resistance

liquidity run this whole move up here so

what do we notice right we've got smt

we've got a higher time frame key PD

array which is this order block right so

we're having a key level and what are we

going to be focusing on we're going to

be focusing on that double Purge right

so now we zoom in a little bit more

right and key thing is we're in a key

level the daily order block right so

let's take a look at this piece of price

action and see if you can spot a double

Purge over

here right we start off with this Range

High and this range low right we could

see buy stops are being taken out first

over here and notice how that high gets

broken through with strength right so

that indicates bullish institutional

order flow now we want to pair up those

buy stops with cell stops right so we

going to outline our range low down here

and we're going to purge that second now

after we purge the second one right the

sell stops we're going to focus in on

this piece of price action over here

because we want to catch that low

resistance liquidity run right so now we

know there should be a low resistance

liquidity run into the highs after we

purged the sell stops so we're going to

be focusing on what happens over here so

same thing happens over here right it's

all fractal so we can see those buy

stops purged over here that is the first

Purge right buy stops accumulated above

an old high then we want to see those

sell stops purged right on the Range low

order pairing eventually this is the

range low we want to be focusing on so

now what do we know once we form that SM

smt with the double Purge right it is

highly likely to be a protected low and

there will be a high probability order

block formed so over here we've got that

order block right we close above it so

we have a change in the state of

delivery we can see the next candle Taps

back into that high probability order

block right the wick is also part of the

order block as well as the body and can

see price is very willingly trading away

from that high probability order block

all right let's go over a bearish

example over here we've got a gbpusd

daily chart

again as always premium and discount

right we want to know where are we in

the range we are high up in premium over

here we can see smt had been formed on

these highs and now we know higher time

frame will be bearish once we close

below this candle right the change in

the state of delivery so let's zoom in

on the one hour chart over here and see

if you can spot the double Purge again

discount and premium of the range

right we can see those sell stops are

being taken out here so we are

accumulating sell stops now where do we

want to pair them up with with the buy

stops right so where is that Range High

over here so we purge those buy stops

and now we know because it's the double

perge right we want to see those sell

stops with the buy stops and then the

lrlr move or the low resistance

liquidity run should happen into the

lows now what is key again we want to

see that smt form on those highs so

after that smt is formed we're going to

be focusing on this fractal right this

large move down and you can see this is

low resistance liquidity because we move

swiftly down without chopping too much

right we can see that over here it's

chopping a little bit and then this

whole move is with low resistance so

over here we've got a schematic of a few

candles right how does that double purch

actually look like if we view it like

this we've got those buy stops over here

that gets perched by the second candle

second candle closes inside the range as

well think about the swing Point video

right then the third candle goes for the

range low this is where the second Purge

happens so we're accumulating the buy

stops pair them up with the sell stops

and then the real move should happen

which is a low resistance liquidity run

into these highs so same case over here

this is a bearish scenario right we want

to see those sell stops Purge first you

can see this candle closes inside of the

range of this candle goes for the buy

stops above it so we're pairing up again

order pairing right sell stops with the

buy stops and then the real low

resistance liquidity run should happen

into this low over here let's go over

another example over here we got a GBP

cat daily chart right and this is all

encompassing what is happening over here

we're going to explain why this candle

was a big bullish candle right a low

resistance liquidity run over here first

of all premium and discount right as

always you want to have a higher time

frame key level and then you're going to

be waiting for that double Purge to

occur right we want to see the buy stops

getting taken out first we can see that

over here then we take out the sell

stops and then we can see the fourth

candle actually right we have a swing

point over here which happens in a key

level the fourth candle runs up higher

why is the fourth candle Running Up That

High because the third candle did not

take out the Range High yet right so the

fourth can you either focus on the third

or the fourth candle for that range

expansion right so we've got another

example over here we got a Euro USD

chart again the double Purge right we've

got those sell s side taken out first

and then the buy s side and then there

will be a low resistance liquidity run

and actually this weekly candle had CPI

so we're going to see how that looks

like in the next example so we've got

that same Euro USD only this is a daily

chart right so we're going to be

focusing on this piece of price action

as always start off with mapping out

your premium and discount levels where

are you in the range right what is that

key PD a level so we've got a higher

time frame key level over here right

we've got the daily order block and we

can see price trades back into that

order block and then there is a low

resistance liquidity run lower but why

was there a low resistance liquidity run

lower this was the CPI candle right this

is a massive candle to the downside but

what happened prior right we got a sell

stop rate first over here right so we're

taking this candle's range we can see

the sell stops are being purged first of

all fall so we're accumulating those

sell stops then the buy stops are being

taken out and then the real move happens

right because we have a sell stop rate

first then we have a buy stop rate and

then the real move happens the low

resistance liquidity run down into this

low and this was on CPI as well so over

here we've got an execution as well that

the mxm trader took and we can see that

CPI candle delivering massively so we're

going to go over a few more CPI examples

because the double Purge happens before

those CPI releases and we're going to go

over how that looks like so first of all

we have a cat CPI right this massive

candle we've got a double perge

happening before it right so we take out

this buy stops first then we take out

the sell stop so we're order pairing and

then the low resistance liquidity run

should happen into the highs same thing

on the next CPI this is a pound CPI so

we had cat CPI first massive candle

then back into the range here notice

we're on on that order block here as

well GBP CPI candle over here massive

expansion again but what happened first

right we took out this buy stops first

over here on this candle range then the

sell stops got rated so now we know we

have a double Purge on this range and

then there should be a low resistance

liquidity run happening to the buy side

of the curve we've got another example

of where the MMX m Trader execute

this trade Right double Purge execution

take profit another Purge on the low

continuation Purge and then another

expansion over here all right so this

time we've got a NASDAQ chart over here

so we can see the key thing over here

right we want to see smt in that higher

time frame key level which is a daily

fair value Gap so we have a double perge

over here right we take out the sell

stops first then we take out the buy

stops inside the daily fair value cap

with smt and then the low resistance

liquidity run should happen to the

downside right then another one over

here we take out the sell stops first

and notice how we close inside the range

right from the previous video the swing

video candle closes inside so the third

candle is most likely to complete the

range of that range candle buy stops are

taken out second so we have the double

Purge right and then a low resistance

liquidity run should happen to the

downside and we can see that come to

fruition over here so over here we've

got that execution Right double Purge

into the higher time frame key level

with that smt and then execution should

be to the downside and then take profit

below that range low over here so let's

zoom in how it looks like on ES right

this is a 15minute chart so we can

clearly see we have a market maker sell

model going on right we have that

original consolidation down here into

buy side of the curve now that high

probable smart money reversal happens in

a key level with S&T right price starts

to decline and we can see price forms a

range over here so what what does happen

over here first of all purching the sell

stops right it's the same steps over and

over again first the sell stops then

price STS into the buy stops and again

notice how the energetic close below the

lows are right and we can see a Purge on

the high and while the body is closing

below right so we can see it this is

more of a rejection and this is an

indication of bearish order flow so we

got a high probability order block

formed right because we had that double

Purge and we can see that high impact

news comes back into the order block and

then a massive drop occurs down into the

cell side of the curve and completing

that market maker cell model