All language subtitles for 6. INternal & External Range Liquidity - The Relationship

The next topic we're going to cover is internal and external range liquidity

This lesson is what's going to be the turning point for most of you

This is what makes by ZZ

You really want to get your notepad for this one guys and understanding the relationship between these types of liquidity

Unlock your ability to read price action

Also very important back best as always

What are we talking about timeframe alignments we're talking about Mount levels into a daily structure

Going to be using weekly levels into a four-hour structure

We can use a daily level into a 1-hour structure

Surprises fractal right

So understanding external to internal we can use these different types of levels

On the monthly weekly and daily levels and using their corresponding structure on The Daily 4 hour and 1 hour

The relationship between internal and external range liquidity and how they interact is the key turning point in really on

Understanding where the market is likely to draw to

I consider this lesson one of the most important if not the most important one in the mentorship

So grab your notepad guys make notes and breakfast

The understanding you will learn between these two is the foundation to building the anticipatory skills for prize movie

What's an understanding where the market is likely to draw to

Now what is internal and what is external range liquidity

Internal range liquidity or IRL is defined by fair value gets so imbalances on your jaw

Start external range liquidity is defined by our old highs and old lows

When external range liquidity is taken

A fair value get becomes the next drawing liquidity

Old

Again

And when I fulfill you get this text and hold low or an old High

External race liquidity becomes the next draw

Now we have a

Crude schematic over here

On how to

See where internal and where external range liquidity is

We've got this

Move up

Starting from here so we have external rain over here which is an old low right we move up

Going down down down taking out that low so that is external range liquidity right cuz they're sold low

Down here

No price only does two things right it goes

Two old highs and old Lowe's

Or 62

Reprise into imbalances

So in this range where we draw lower from there was a fair value give or an imbalance of high

Higher

Price took out external range liquidity so what is the next thing price will do

Price will draw to internal next which is that fair value get so

Think about its when you see how old high or a old logos rated you want to eat her

Look for an imbalance inside that range to get reprise into

Right and then once that get hit get hit we can move for the next one which is external again

Same over here

Only reverse right we have external range liquidity over here as in an old High

Price moves lower forms a swing low

Spence up higher

Taking out that external range liquidity in the process of

Taking out that external range or old high over here

We

Form an imbalance down here which could be a favor

Then

Price moves back into the fair value Gap after taking out external range liquidity

Right

And then when we had internal range you want to go for external again

As explained earlier price only those two things it's Ross to Old highs and all those and is rebalancing in Bala

So there's literally nothing else prized us and with that in mind it comes very clear after you see old

Eyesore old Lowe's getting rated

What are we going to look for next ride we going to look for an imbalance where we can trade into

And let's say we are embarrassed order flow

Can we take out an old low

There's probably a really good painting premium level

On the same structure

We can look to trade and buy into that

Olaf

Afterdeath olds

Lo has been rated we can buy

Into debt fair value get and 1/4 value get paid

And the respect it so we can look for external range again

Right

The flow of the marketplace is that the internal range liquidity being sacked will be the Catalyst for price

To draw to external range liquidity

And vice-versa external race liquidity being taken as a catalyst for price to draw to internal range

So it's

Only this and it repeats a simple as that after

Time after time it repeats like this external to internal internal to external

Using this understanding on the monthly weekly

Daily and 4-Hour is the key you've all been looking for when it comes to daily by us

Erasmus Gauthier

Australian dollar in u.s. dollar monthly chart over here

No

Let's look where is the monthly external range liquidity over here right

So we raced this external range

No

Without

Going for the what

Where does show Hydro into

You should be looking at a internal range liquidity

In the form a fair value get right

So after external gastritis where do we want to reach into

We can see this and bottoms down here which is a frivolity

Right

So

If you looked at this area after we go.

This external raise liquidity rated

You on the right bus

We can see this

Monthly internal range liquidity

Informa Fairville you give castagno what happens afterwards

Right

Let's look at this from a daily perspective

Right

We take out the monthly external race liquidity

No using daily structure to frame our setups

What are we going to be waiting for

After this monthly external range liquidity has been taken

We're going to look for a monthly internal range to be drawn liquidity

We have this outlines down here

Now we need to wait for a little bit of confirmation as always

Alright so we wait for a break of structure

What happens after we rates

The monthly external

Break a structure down here

Return back into premium

Has continues down into.

Kerrville you got

Sample of AUD USD monthly chart that you can see external range liquidity Define by the old high get steak

And price starts to trade away from the high

So you're I should immediately go to that bullish fair-value get

Below-market prices the next drawing liquidity because external range liquidity being taken is the Catalyst for price

Price of draw to internal range liquidity which is that fair value got

Let me look at the marketplace with this understanding of the relationship between the two

And we blended with the higher time frame charts

The understanding of price and where it's likely to draw next should really start to materialize we can see Joe

Just from this understanding on the relationship between the two being used on a high time frame monthly chart we have managed to

Frame a bearish bias for the whole two months

So think about it right you

Have a clear drawn liquidity for two entire months

O'Reilly's Gautier

Cheapest paud weekly chart of your again

Let's look at it

From here

Weekly external range liquidity

Has been taken where is your eye drawing to

Do we see any imbalances down here

Nope

Where do we see an imbalance

Write down here

So what does Empire imbalance being present down here to survey League

Your eyes would immediately go there for the next drawing liquidity

External range has been taken so what are we going to look for next

Internal range

Write weekly internal range liquidity

Over here

Anadrol saying they're perfectly

Now we've hit this weekly internal range liquidity

Think about is Right external to internal

Now we're in internal where are we going to draw into next

Where is your I going

Rights external range liquidity over here

It's a simple as that external has been rated over here we grow back into internal

Internal husband text where we going to go we go to the go to external

It's simple as that

So that Weekly external range liquidity

The old high has been liquidated

After going into internal

And looking at the daily charts now we can see how we can frame are biased on The Daily

Right so

This was the drawn liquidity

Withdrawing lower lower lower

Right and then hitting that Weekly internal range liquidity so we went from external remember

Back to internal now we've hit an internal range liquidity

Go into

A market-maker bimodal

Writes this is the cell site of the Curve

Over here

Then we're going into by side of the curve over here because we hit a higher time frame discount array

Ida Surfer volume

So now we're going to reach for external race liquidity

And the first external race liquidity which is very obvious is this long week

Pear

Fight so we're going to I up this

Liquidity which is also a break of structure

After we hit this hard time frame

Hurry

No wonder markets

This place is over here

We have internal range liquidity forms right so

Again we go from external over here

Where do we want to go we have internal

Right

Check into internal

And after we hit that internal where do we want to go

External again right

So

We have this old high up here

Which is external range liquidity and you might think

But wait a minute

I thought this was external range liquidity

Right

But in this hole bigger range

Every swing high or swing low is external range liquidity

And that's a remember internal Reigns liquidity will be dead fair-value got

We're looking for 2

Mitigate with and continue up

So same case over here we take out this

External race liquidity

Again where are we going to go

Do we see any fairly gifts

Yes we have this one

And we have preferably give down here but why when you say Candice for oblique

Bet this has something to do with premium and discount obviously if you take this range I to this range

These range low to this within range High

This really gives a premium so it's more likely it will draw into this discount for really good right

I'll keep that one in mind

Markets draw student internal fair value

In discount right of this range swing low to swing High

These up again where we going to go after we take

This internal range again it's

It's on repeat right external to internal to external to internal keeps going and going

Again

External range liquidity over here

So we take that's internal range

So we went

From this internal no higher timeframe right that Weekly internal rains liquidity as

Did the fair value

I don't they teach our time gency

Day after day we're looking for external to internal to external to internal

Again back into external

Right now hit that external that extreme high of here

What do we want to do and we want to go back into an imbalance again right there's another imbalance down here

Snapper Village

And it keeps on going into internal

And then draws back into external

So

Literally its external to internal to external

On repeat

Again

External

And then all the invitations together

You can see

How does this forming right

Think about that extreme High

We're going to

And this high

We raided the next Turtle race liquid at the over here remember so we're drawing into a weekly internal level

Weekly internal devil is down here writes that for Phil you kept

Now we're looking for a bi program by side of the Curve

Going to in

To an external range here

Victor internal

External

Internal

External

Two internal

And so on and so on

Knowing the relationship between the two is what leads us to a high probability daily bias

You can see how many intraday opportunity we just have

With the understanding of the relationship between internal and external range liquidity

All right we've got a USD

Dollar Index daily chart again

Example after example in this is what you need to see you need to train your eyes for external to internal to Extra

And it will make your reading of bias a lot a lot better

And

Sometimes you don't know what is the drawing liquidity but with using external to internal and external 2X

It will make it a little bit easier

And might I say

More accurate

So

Over here external range liquidity again right what do we do after we take external relations acquitted

Liquidity

So what do we do after we

His external race liquidity

Again

We want to go to internal race right

So where is internal range liquidity

I've got this

Big

Fair-value get pop here

Price reprises back into that imbalance

Over here

So we hit that internal range liquidity

What do we want to do after we take internal race liquidity

Go back to external right

Phil is up

We look for this

External range liquidity down here

I will keep declining declining declining

Take out this external range

Where are we going to draw into next

You might have guessed it already we're going to internal again

Right

Conceived rollover going back into internal down here

Keeps declining declining taking out the low

There's no imbalance anymore over here so price has issues going up way higher than here

And it just keeps declining taking out this external race liquidity

No we took external race liquidity

Do we see an imbalance anywhere

Right where we can

Wii price into

Yes we have

Over here

If this

Daily fearfully Gibb

Eternal range liquidity

We've got a British pound Swiss franc daily chart over here

Again

Example essay example

Keep repeating this

Donaire external race liquid at the old swing low right

Over here

I might add that we have a rejection blog

Air-rite

This

Long Wick

Area over here which is pretty deep in this guy's right don't forget about your discount

And premium-level switch is this whole range

That's a very pretty deep and discount we rate a swing low

Which is external race liquidity

Where does should I draw into

I thought we have this

Kendall's Lotus candles High forming a fair value

Appear

Christ arose in there after we take external rate liquidity

So now what are we going to do after we take this internal range liquidity

You've guessed it we're probably going to go into external range once again

So looking at the one hour charts

Makes the structural it look a little bit

Easier to read right we have clear cell side of the curve over here

Leaving that's fair Valley gift on The Daily timeframe

After we take out this external range liquidity we can actually see you with one hour chart starts breakup

And starts to break structure up here right break of structure

Return back into discount levels

Repricing this

Internal race liquidity

Right external over here

Back to internal

Continuing up up up

Taking out external

Where do we go next

Text to internal

Right everybody get down here

And then we're going to go for external again which is

Does daily forever

So we went to external

On a 1-hour chart

And all the data is a internal range

So for some of you it's going to be easier to sports than for somebody else but in my experience I found it most

Easy

To see external range to internal range for so we wait for an old high or a old low to get raided right

And then went to want to trade into an imbalance as a clear drawn liquidity

If you find easier to spot external race to internal range

You can just stick it with his like that

You can also go from internal to external range

Wicked Bao Toten tree right

What's into a range on a fair value

And then aiming for an old low or an old High

You don't ever have to trade internal race to external range and same goes for those

If you can see into an eraser external range

Important is what is most comfortable for you to see

So let's summarize internal to external range liquidity

The relationship between the two being used on the monthly weekly

Daily and the 4-Hour charge is the key that unlocks you understanding to bias and Bill's anticipatory skills

Required to forecast Market Direction

Where price most likely will move

One of the biggest misconceptions regarding low-resistance liquidity runs is there only

Fragile patterns on a chart like trendlines or equalize or equal Lowe's that's kind of

Patterns but there is

That is fallet however

True low resistance liquidity runs are framed of the higher time frame PD arrays right

So think about that

Monthly leffels weekly levels

Weekly for Value gaps

@pencil bone

The higher timeframe monthly weekly and daily charts are the Catalyst to one-sided low-resistance liquidity runs

Occurring in the marketplace