Using Weekly Profiles for Daily Bias (Simplified)

AM Trades
7 Aug 202314:30

Summary

TLDREste video introduce el concepto de perfiles semanales y cómo utilizarlos para obtener un sesgo diario en el trading. El presentador explica tres perfiles semanales de alta probabilidad: la expansión clásica, la reversión a mitad de semana y la reversión de consolidación. Se enfatiza en evitar el trading los lunes y antes del primer evento de noticias de alto impacto de la semana, utilizando el calendario económico como guía. A través de ejemplos detallados, se muestra cómo identificar estos perfiles en gráficos reales y aplicar un protocolo semanal para predecir movimientos de precios, maximizando las oportunidades de trading con un enfoque sistemático.

Takeaways

  • 📊 Los perfiles semanales se usan para determinar el sesgo diario analizando las velas semanales y su desglose en gráficos diarios.
  • 📉 Hay tres perfiles semanales principales: expansión clásica, reversión a mitad de semana y reversión de consolidación.
  • 🚫 Se recomienda evitar operar los lunes ya que no son días de expansión y suelen preceder a eventos importantes de noticias.
  • 🗓️ Es importante utilizar el calendario económico para filtrar eventos de alto impacto y planificar las operaciones en torno a ellos.
  • 🔍 Definir rangos de precio de descuento (PD) de cuatro horas o superiores es crucial para anticipar reversiones en el marco semanal.
  • 🔄 Un cambio en el estado de entrega se utiliza para confirmar las reversiones semanales, observando tiempo, precio y cierre a través de velas opuestas.
  • 📅 Los martes, miércoles y jueves se consideran los días más propicios para operar según el perfil semanal en curso.
  • 📈 La expansión clásica se espera de martes a jueves, mientras que la reversión a mitad de semana y la reversión de consolidación afectan principalmente a jueves y viernes.
  • 💡 Es esencial adaptar las estrategias de trading al perfil semanal identificado para aumentar la probabilidad de éxito.
  • 🎓 El enfoque conservador de evitar operar antes de noticias de alto impacto y los lunes puede mejorar la efectividad y reducir el riesgo.

Q & A

  • ¿Qué es un perfil semanal y cómo se traduce en un gráfico?

    -Un perfil semanal se basa en la comprensión del open, low, high, close (apertura, mínimo, máximo, cierre) de la vela semanal. Este concepto se desglosa en un gráfico diario, donde cinco velas diarias conforman lo que se considera un perfil semanal.

  • ¿Cuántos tipos de perfiles semanales menciona el ICT y cuántos se explican en el vídeo?

    -El ICT ha dado seis tipos de perfiles semanales, pero en el vídeo se refinan y se explican solo tres perfiles que se consideran de alta probabilidad.

  • ¿Qué es la semana de expansión clásica y cuándo ocurre?

    -La semana de expansión clásica ocurre cuando el lunes o martes forman el reverso y el precio se expande en la dirección opuesta hasta el jueves. Se caracteriza por una clara secuencia de apertura, mínimo, máximo y cierre de la vela semanal.

  • ¿Cómo se utiliza el perfil de reversión de mitad de semana para obtener un sesgo diario?

    -El perfil de reversión de mitad de semana se utiliza cuando el miércoles forma un reverso y el precio se expande desde ese punto por el resto de la semana. Esto establece un sesgo diario para el jueves y el viernes, anticipando una continuación del rango semanal lejos del punto de reversión.

  • ¿Qué es el perfil de reversión de consolidación?

    -El perfil de reversión de consolidación ocurre cuando el precio se revierte un jueves y se expande en la dirección opuesta hasta el viernes. Este perfil ofrece un sesgo claro para el trading del viernes, donde el objetivo principal será el lado opuesto del rango consolidado.

  • ¿Por qué se recomienda evitar el trading los lunes bajo el marco de perfiles semanales?

    -Se recomienda evitar el trading los lunes porque bajo los tres perfiles mencionados, el lunes nunca es un día de expansión. Además, el lunes raramente cae antes de un evento de noticias de alto impacto, lo que significa que se anticipa acción de precio de alta resistencia, lo cual se prefiere evitar.

  • ¿Cómo se utiliza el calendario económico en el protocolo semanal?

    -El calendario económico se utiliza para filtrar eventos de noticias significativos de alto impacto y evitar el trading los días antes del primer conductor de noticias de alto impacto significativo de la semana. Esto ayuda a evitar quedar atrapado en la acumulación previa al lanzamiento y favorece el trading en condiciones de alta probabilidad.

  • ¿Cuáles son los pasos del protocolo semanal para aplicar en el mercado?

    -Los pasos incluyen evitar el trading los lunes, no operar los días previos al primer evento de noticias de alto impacto de la semana, definir los PDAs de marco temporal superior para enmarcar un reverso dentro de un perfil semanal definido, y observar un cambio en el estado de entrega para confirmar el reverso semanal.

  • ¿Qué es un cambio en el estado de entrega y cómo se identifica?

    -Un cambio en el estado de entrega se identifica por tiempo, precio y un cierre a través de velas cerradas opuestas. Es el momento en que el flujo de órdenes de marco temporal superior está cambiando dentro de la semana y se utiliza como confirmación para los reversos.

  • ¿Cómo se determinan los objetivos semanales según el vídeo?

    -Los objetivos semanales se determinan utilizando el entendimiento de los perfiles semanales y el análisis del calendario económico para predecir la expansión del precio después de eventos de noticias significativos, y luego observando un cambio en el estado de entrega para confirmar la dirección de la expansión.

Outlines

00:00

📈 Uso de perfiles semanales para determinar el sesgo diario

Este video introduce el concepto de utilizar perfiles semanales para establecer un sesgo diario en el trading, explicando los fundamentos de los perfiles semanales a través del análisis de velas semanales y cómo se descomponen en un gráfico diario. Se presenta una simplificación del sistema a tres perfiles semanales de alta probabilidad: expansión clásica, reversión a mitad de semana y reversión de consolidación, cada uno con características y estrategias de trading específicas. Se enfatiza en la importancia de comprender estos perfiles para mejorar la eficiencia en la obtención de un sesgo diario, junto con un recordatorio de recursos adicionales para una comprensión más profunda.

05:01

🗓️ Protocolo semanal para aplicar perfiles semanales

El segundo segmento del video detalla un protocolo semanal paso a paso para aplicar los perfiles semanales en el trading en vivo, comenzando con la recomendación de evitar el trading los lunes. Se destaca la importancia de utilizar el calendario económico para filtrar eventos de alto impacto y cómo esto informa los días propicios para el trading, evitando los días previos a estos eventos significativos. Este enfoque conservador busca asegurar condiciones de trading de alta probabilidad y evitar ser atrapado en la acumulación previa al lanzamiento de noticias de alto impacto. Se concluye con ejemplos prácticos en gráficos para identificar perfiles semanales y determinar el sesgo de trading, subrayando la importancia de la observación de un cambio en el estado de entrega como confirmación del sesgo semanal.

10:02

🔍 Aplicación práctica del protocolo semanal

El último segmento profundiza en la aplicación práctica del protocolo semanal, presentando ejemplos detallados de cómo observar y confirmar reversales semanales mediante la identificación de cambios en el estado de entrega. Se enfatiza en la secuenciación de tiempo, precio y cierre a través de velas opuestas para confirmar estos cambios, proporcionando una estrategia clara para anticipar y actuar sobre movimientos expansivos en los días específicos de la semana. Este enfoque sistemático ilustra cómo los traders pueden utilizar una metodología estructurada para mejorar su precisión y eficacia en el mercado, concluyendo con un resumen de los pasos clave del protocolo y un llamado a la acción para los espectadores para aplicar estos conceptos en su trading.

Mindmap

Keywords

💡Perfiles semanales

Los perfiles semanales son una herramienta analítica utilizada para entender la acción del precio en una base semanal, desglosando una vela semanal en acciones diarias. Este concepto es central para el video, ya que se utiliza para determinar el sesgo diario en el trading. Por ejemplo, se menciona que una sola vela semanal alcista se descompone en cinco velas diarias, lo que constituye el perfil semanal.

💡Sesgo diario

El sesgo diario se refiere a la tendencia o dirección prevista del mercado para un día específico, basada en el análisis de perfiles semanales. En el video, se destaca cómo los perfiles semanales ayudan a determinar este sesgo para tomar decisiones de trading más informadas.

💡Expansión clásica

La expansión clásica es uno de los tres perfiles semanales de alta probabilidad mencionados en el video. Describe una semana en la que el lunes o martes marca el punto de reversión y el precio se expande en la dirección opuesta hacia el jueves. Se utiliza para predecir el comportamiento del precio y establecer un sesgo de trading para los días específicos.

💡Reversión de mitad de semana

La reversión de mitad de semana es otro perfil semanal destacado, que ocurre cuando el precio invierte el miércoles y se expande en la dirección opuesta durante el resto de la semana. Este perfil proporciona un sesgo para el trading del jueves y viernes, anticipando una continuación del rango semanal.

💡Reversión de consolidación

Este perfil se presenta cuando el precio invierte el jueves y se expande en dirección opuesta el viernes. Es crucial para establecer un sesgo de trading para el viernes, anticipando una expansión hacia el lado opuesto del rango de consolidación identificado.

💡Evitar el trading los lunes

Una regla clave del protocolo semanal es evitar operar los lunes, ya que este día nunca es considerado un día de expansión bajo los perfiles mencionados. El video enfatiza que los lunes suelen ser para movimientos falsos, consolidación o reversión, sin datos suficientes para determinar el perfil semanal probable.

💡Calendario económico

El uso del calendario económico es vital para filtrar eventos de noticias de alto impacto y planificar la estrategia de trading semanal. El video instruye sobre cómo usar Forexfactory.com para identificar estos eventos y evitar el trading en días previos al primer evento significativo de alto impacto de la semana.

💡Arreglos de descuento y prima PD

Los arreglos PD (Precio Descuento y Precio Prima) se refieren a zonas de valor donde el precio es probable que invierta. En el contexto del video, estos arreglos se utilizan para identificar puntos de reversión potenciales en combinación con los perfiles semanales para establecer un sesgo de trading.

💡Cambio de estado de entrega

Este concepto se utiliza para confirmar una reversión semanal, basándose en el tiempo (día de la semana), el precio (interacción con arreglos PD) y un cierre a través de velas cerradas opuestas. Es un criterio para confirmar la anticipación de reversión según el perfil semanal identificado.

💡Objetivo semanal

El objetivo semanal se refiere al punto de precio anticipado al que se espera que se expanda el mercado, basado en el perfil semanal identificado. En el video, se menciona como parte del proceso de determinar dónde se espera que el precio se mueva durante la semana, ayudando a definir los objetivos de trading.

Highlights

Introduction to using weekly profiles for daily trading bias.

Explanation of weekly profile concept based on weekly candle patterns.

Breakdown of weekly candles into daily charts for profile analysis.

Efficient daily bias determination using three specific weekly profiles.

Description of the 'Classic Expansion Week' profile.

Analysis of bullish and bearish weekly candles in Classic Expansion Week.

Introduction to the 'Midweek Reversal' weekly profile.

Detailed explanation of bullish and bearish midweek reversals.

Overview of the 'Consolidation Reversal' weekly profile.

Analyzing bullish and bearish scenarios in the Consolidation Reversal profile.

Protocol for applying weekly profiles in live market trading.

Avoiding Monday trading and significance of high-impact news.

Using an economic calendar to filter significant news events.

Protocol steps for applying weekly profiles, including news event analysis.

Defining high time frame PD arrays and identifying weekly objectives.

Importance of observing changes in state of delivery for confirming reversals.

Transcripts

play00:01

foreign

play00:06

what's going on everyone welcome back to

play00:08

another video and this one I'll be

play00:10

talking about a simple process of using

play00:12

weekly profiles to get your daily bias

play00:14

just to mention I will be sharing

play00:16

everything you need to know on weekly

play00:18

profiles in this video but if you want a

play00:20

really detailed explanation you can go

play00:21

down below and click the linked PDF in

play00:24

the description and that's going to go

play00:25

even farther in depth on this topic with

play00:28

that being said we can start by

play00:30

answering the question of what is a

play00:31

weekly profile and how does it translate

play00:33

on an actual chart the basis of this

play00:36

concept is framed around the

play00:37

understanding of the open low high close

play00:39

and open high low close of the weekly

play00:42

Candle on the left we have a single

play00:44

bullish weekly candle which is open low

play00:47

I close and on the right we have a

play00:50

single bearish weekly candle which is

play00:52

open high low close when you break the

play00:55

single weekly candle down into a daily

play00:57

chart these five daily candles are what

play00:59

we consider a weekly profile using this

play01:02

understanding of how the weekly candle

play01:03

prints on a chart and the three profiles

play01:06

will be showing you in the next part of

play01:07

this video we're able to get really

play01:09

efficient daily bias just as a quick

play01:12

disclaimer yes ICT has given six types

play01:14

of weekly profiles which you can find in

play01:16

the core content videos but I ever find

play01:18

my system down to only three profiles

play01:20

which I consider high probability so

play01:22

that's what I'll be sharing with you

play01:23

here the first weekly profile to

play01:25

understand is the classic expansion week

play01:27

this is one Monday or Tuesday form the

play01:30

reversal and price expands in the

play01:32

opposing Direction into Thursday on the

play01:34

left here we can see a bullish classic

play01:36

expansion week with the clear open low

play01:39

high and close of the weekly candle as

play01:42

previously mentioned here on the daily

play01:44

chart either Monday or Tuesday for May

play01:46

load of the week at a four hour or above

play01:48

discount PD array and price expands off

play01:51

that point through Thursday into the

play01:53

weekly objective same idea here on the

play01:56

right but this is a bearish classic

play01:57

expansion week with the Open high low

play02:00

and close of the weekly candle on the

play02:03

daily chart we expect Monday or Tuesday

play02:05

to trade higher into a four hour premium

play02:07

array to form a high of the week and

play02:10

expand to the downside of that reversal

play02:12

through Thursday into the weekly

play02:14

objective from the point of reversal

play02:16

this profile offers bias for Tuesday

play02:18

Wednesday and Thursday's trading as for

play02:21

Friday using the understanding of the

play02:23

TGIF setup we do not anticipate a

play02:25

continuation of the weekly range on this

play02:27

day I have a video going over the

play02:30

function of the TGIF setup if you are

play02:32

not already familiar with it and I will

play02:34

also have that video linked down below

play02:35

the next profile we're going to cover is

play02:37

the midweek reversal this is when

play02:40

Wednesday forms a reversal and price

play02:41

expands away from that point for the

play02:43

remainder of the week on the left here

play02:45

is an example of a bullish midweek

play02:47

reversal the weekly candle is an open

play02:50

low high and close but the anticipation

play02:53

that the closing price will be near or

play02:55

at the high of the week looking at a

play02:57

daily chart Monday or Tuesday can either

play02:59

be Consolidated or offered to down close

play03:02

candles away from the weekly draw which

play03:04

can be considered a Judas swing on

play03:07

Wednesday price makes a move down into a

play03:09

four hour or above discount array and

play03:12

expands off that price point into the

play03:13

weekly objective same idea here on the

play03:16

right but this is showing a bearish

play03:18

midweek reversal the weekly candle is an

play03:20

open high low and close with again the

play03:23

anticipation that price will close near

play03:25

or at the low of the week here on a

play03:28

daily chart Monday or Tuesday will

play03:30

either be two up close candles

play03:31

considering a Judah swing or will be

play03:33

relatively Consolidated near the opening

play03:35

price on Wednesday price will trade up

play03:38

into a four hour or above premium array

play03:40

and expand off that price point to the

play03:42

downside into the weekly objective under

play03:45

the midweek reversal profile we have

play03:47

established daily bias for both Thursday

play03:49

and Friday where we anticipate a

play03:51

continuation of the weekly range away

play03:53

from the reversal point in the form of

play03:55

expansion the third and final weekly

play03:57

profile is the consolidation reversal

play03:59

this is when price reverses on a

play04:01

Thursday and expands in the opposing

play04:03

direction through Friday on the left

play04:05

here is an example of a bullish

play04:07

consolidation reversal the weekly candle

play04:10

is an open low high and close and just

play04:13

like the midweek reverso we are

play04:14

anticipating the closing price to be

play04:16

near or at the high of the week looking

play04:18

on the daily chart Monday through

play04:20

Wednesday will be Consolidated around

play04:22

the opening price of the week on

play04:24

Thursday price manipulates the external

play04:27

low of the Consolidated range and

play04:29

expands off that price point through

play04:30

Friday into the weekly objective and

play04:33

again on the right we are seeing a

play04:35

bearish consolidation reversal the

play04:37

weekly candle is an open high low close

play04:40

with the closing price being near or at

play04:42

the low of the week moving to a daily

play04:44

chart again Monday through Wednesday

play04:46

will be Consolidated near the opening

play04:48

price in the internal range Thursday

play04:50

price manipulates the external high of

play04:52

the Consolidated range and then expands

play04:55

away towards the weekly draw through

play04:56

Friday this profile offers clear bias

play04:59

for Friday's trading where the main

play05:01

target will be the opposing side of the

play05:03

Consolidated range now that you

play05:05

understand the basics of the three

play05:06

weekly profiles and how they offer daily

play05:08

bias for specific days we can go over

play05:10

the actual protocol that you can follow

play05:12

each week to apply this in a market

play05:14

that's trading live the first step of

play05:16

the protocol and one of the most

play05:18

important is to avoid trading on Mondays

play05:20

under the three profiles I previously

play05:22

mentioned Monday is never an expansion

play05:24

day it is only ever a Juda swing a

play05:27

consolidation or a reversal number two

play05:30

significant high impact news never falls

play05:33

on a Monday with the understanding that

play05:35

Monday will always fall before a high

play05:37

impact news event in the week we can

play05:39

anticipate High Resistance price action

play05:41

which we're going to want to avoid the

play05:43

third and final reason is if you were to

play05:45

attempt to trade Monday when relying on

play05:47

a weekly profile framework you have no

play05:49

data for the week to determine what the

play05:51

profile is likely going to be the only

play05:53

profile which Monday sometimes plays a

play05:56

significance in is a classic expansion

play05:58

week if Monday happens to trade into a

play06:00

higher time frame PD array to reverse

play06:02

price considering each of those factors

play06:05

it's highly in your favor to avoid this

play06:07

day of trading and simply keep your

play06:09

charts closed the next step of the

play06:11

weekly protocol is to take advantage of

play06:13

the economic calendar if you search

play06:15

forexfactory.com calendar this is the

play06:19

page you'll be taken to this is where

play06:21

you can find the news events which are

play06:22

taking place throughout the week across

play06:24

all asset classes our first step here is

play06:27

to filter out the noise of all the

play06:28

unnecessary news events as all we're

play06:30

concerned about are the significant high

play06:32

impact news events which are taking

play06:34

place during the week if we press filter

play06:36

in the top right we get this drop down

play06:38

of all these options under expected

play06:40

impact we want to remove the orange

play06:42

yellow and gray folder we can keep each

play06:45

event type and under currencies you're

play06:47

going to want to select the one which is

play06:49

correlated with the pair you are trading

play06:51

I'm using indices as an example so I

play06:53

will select USD once I click apply

play06:56

filter you can now see that our list

play06:58

only contains red folder USD news now

play07:01

that your economic calendar is properly

play07:03

filtered we can go into the question of

play07:05

how do you actually use this to your

play07:07

advantage the main rule under this

play07:09

framework is to avoid trading the dates

play07:11

before the first significant high impact

play07:13

news driver of the week while each of

play07:15

these events show red folders they're

play07:18

each weighed differently in their amount

play07:19

of significance the one rule of thumb to

play07:22

follow to know which news events are

play07:24

significant on the market is to note

play07:26

either fomc press conference or any red

play07:29

folded news event that is released at 8

play07:31

30. using that rule on this current week

play07:34

we would consider this fomc press

play07:36

conference at 2 30 on Wednesday as the

play07:39

first significant high impact news

play07:40

driver of the week that would mean

play07:42

regardless of the price chart we would

play07:44

be avoiding trading Monday and Tuesday

play07:46

another example here shows the first

play07:49

significant high impact news driver on 8

play07:51

30 on Monday but if we recall the first

play07:54

rule is that we don't trade Monday so we

play07:56

will look to Tuesday as the first day of

play07:58

the week and that has an 8 30 high

play08:00

impact news driver so we consider

play08:02

Tuesday as the first day of potential

play08:04

trading moving on to another example

play08:06

it's clear to see here that there is no

play08:09

significant high impact News until CPI

play08:11

which is 8 30 on Thursday that would

play08:14

mean we consider Monday Tuesday and

play08:16

Wednesday as a low probability

play08:17

conditions and we would not be seeking

play08:19

trades until Thursday the logic of the

play08:22

economic calendar is that the days prior

play08:24

to a high impact news event of the week

play08:26

it is likely to be Consolidated or

play08:29

accumulated the high impact news event

play08:31

is when volatility is released into the

play08:34

market and the following days can be

play08:36

expansive well this may seem like a

play08:38

conservative approach to the market it's

play08:40

a sacrifice being made to ensure that

play08:41

you're trading in high probability

play08:43

conditions that are like likely to offer

play08:45

expansion instead of being caught up in

play08:47

pre-release accumulation with the first

play08:49

two steps of the weekly protocol covered

play08:51

we can move to a price chart and

play08:53

continue on with a real example here on

play08:55

the chart this vertical line is noting

play08:57

the weak open rule number one as already

play08:59

mentioned is avoiding Monday's trading

play09:02

now that Monday is traded the next step

play09:04

is to look at the economic calendar to

play09:06

see which day has the first high impact

play09:08

news release on the screen now you can

play09:10

see that 8 30 unemployment claims on

play09:13

Thursday is the first significant news

play09:15

driver of the week that means that we

play09:17

will continue to avoid price through

play09:19

Wednesday now that Monday through

play09:21

Wednesday has traded we now have the

play09:23

advantage to use those three days as

play09:25

data for the weekly profile it makes it

play09:27

easier to predict the following days

play09:29

this now takes us into the third step of

play09:31

the weekly protocol which is defining

play09:33

the higher time frame PD arrays four

play09:35

hour and above for price to reverse from

play09:37

and the opposing weekly objective here

play09:39

on a four hour chart using a really

play09:41

simple 50 FIB anchoring from low to high

play09:44

the dealing range we can see prices were

play09:46

tracing into a discount fair value gap

play09:48

on the opposing end you can see we have

play09:50

relative equal highs which is acting as

play09:52

a draw and can be used as the weekly

play09:54

objective this simple framework here is

play09:57

good enough to anticipate a move to the

play09:58

upside on our weekly objective

play10:00

considering it is in line with one of

play10:02

our three weekly profiles which would be

play10:04

a midweek reversal

play10:06

the fourth and final element of this

play10:08

weekly protocol is to observe a change

play10:10

in state of delivery to confirm the

play10:12

weekly reversal on the left we have a

play10:14

graph showing a bullish change in state

play10:16

of delivery the three parts to defining

play10:18

a change in state of delivery are time

play10:21

price and a close through opposing

play10:23

closed candles on the left here we have

play10:25

an example of a bullish change in state

play10:27

of delivery the element of time is the

play10:30

day of week we are anticipating a low

play10:31

being formed within a defined weekly

play10:33

profile price is pairing the day of the

play10:36

week with a four hour or above discount

play10:38

PD array lastly we look for price to

play10:40

close above the down close candle or

play10:43

candles which engage the hard time frame

play10:45

discount array so this candle here would

play10:47

depict a change in state of delivery

play10:49

same ID here but for a bearish change in

play10:52

state of delivery time is the day of

play10:54

week we are anticipating a reversal

play10:56

under a defined loopy profile price is

play10:58

the four hour above premium PD array the

play11:01

price is engaging and finally we have a

play11:03

close below the up close candle or

play11:06

candles that ran into the premium this

play11:09

outlines the moment that higher time

play11:11

frame order flow is Shifting within the

play11:12

week and is used as a confirmation for

play11:15

reversals now moving back to our

play11:17

previous chart example ideally we want

play11:19

to be looking for a change in state of

play11:21

delivery on the hourly chart but this is

play11:23

a good example when the hourly chart

play11:24

isn't as clear we can move down to the

play11:26

30 minute to get a more refined view on

play11:28

price on a 30 minute chart it's much

play11:31

easier now to see the consecutive down

play11:33

close candles which engage our hard time

play11:35

frame discount array remembering the

play11:37

previous criteria of a change in saved

play11:39

delivery we have time which is price

play11:41

reversing on a Wednesday which falls

play11:42

under a midweek reversal we are pairing

play11:45

time with price on this reversal with a

play11:47

four hour discount fair value Gap and

play11:49

here on this candle we have a close

play11:51

above the consecutive down close candles

play11:53

with each part of our weekly protocol

play11:56

being met we now have daily bias for

play11:58

Thursday and Friday and can anticipate

play12:00

an upside expansion on both days

play12:08

to cover one more example using this

play12:11

weekly protocol we'll move on to the

play12:12

following week again step number one is

play12:15

avoiding Monday's trading now that

play12:17

Monday is printed we want to go to the

play12:19

economic calendar and note the first

play12:21

significant high impact news driver of

play12:23

the week with the pop-up on the screen

play12:25

again you can see that Thursday 8 30

play12:28

unemployment claims is the first

play12:30

significant high impact news driver of

play12:31

the week so that means that we will be

play12:33

sitting out Monday through Wednesday

play12:35

using Monday through Wednesday price

play12:37

action as data to identify the current

play12:39

weekly profile it's clear to see that

play12:41

the market is in a consolidation so what

play12:44

we want to do is Mark out the external

play12:45

High and the external low of that range

play12:48

now we wait for time and price to line

play12:50

up to see if the market will engage

play12:51

either side of the external range on a

play12:53

Thursday which will confirm a

play12:55

consolidation reversal profile observing

play12:58

Thursday's price action we can confirm a

play13:00

consolidation reversal profile and now

play13:03

have daily bias for Friday's trading

play13:05

anticipating a continuation of upside

play13:07

expansion time is the reversal taking

play13:09

place on a Thursday price is the

play13:12

engagement of the external consolidation

play13:14

low and here we have a close above the

play13:16

consecutive down close candles which ran

play13:18

into the low which is a bullish change

play13:20

in state of delivery as anticipated

play13:22

under the consolidation reversal profile

play13:24

price expands higher on Friday through

play13:27

the opposing end of the consolidation

play13:29

range

play13:33

link down below you can find a nine

play13:35

minute live walkthrough of my executions

play13:36

on this trade

play13:39

to do a quick recap of what I've covered

play13:41

in this video the four weekly protocol

play13:43

steps are number one avoid Monday's

play13:45

trading number two no trading days prior

play13:48

to the first significant high impact

play13:50

news release of the week number three to

play13:52

find four hour and above PD arrays to

play13:55

frame a reversal within a defined weekly

play13:57

profile and number four observe a change

play14:00

in state of delivery ideally on the

play14:02

hourly chart the beauty of this way of

play14:04

operating is that you don't have to be a

play14:06

master analyst on these charts you

play14:08

simply need to follow a system and

play14:10

that's what I've given you here this is

play14:11

Baseline for weekly profiles and should

play14:13

be simple enough for anyone to apply if

play14:15

they wish that's all I have for you in

play14:17

this video I hope you enjoyed and I will

play14:19

see you in the next one

play14:24

thank you

play14:26

[Music]

Rate This

5.0 / 5 (0 votes)

您是否需要英文摘要?