All language subtitles for Lesson 5 - Intraday Market Profiles EN

If it's welcome to lesson
five of the April, 2017 ICT

mentorship, ICT day trading model.

This teaching is specifically
dealing with intraday market.

Okay, intraday market profiles.

The first one we're going to go over is

they sell profile and London, normal
protraction, and what you want

to be looking for for a classic
sell day for intraday trading.

Um, there's going to be lots of
different deviations and, and so.

Variances in, in these specific
themes, uh, they won't look exactly

like I'm outlining here, obviously.

Uh, that's what makes, uh, trading
somewhat difficult because you have to

look for similarities across the board.

So they're going to have a great deal
of similarity among many sell days.

And the ideal scenarios will look
very close to what I'm outlining.

But you start with the central bank
dealers range and for a classic

or high probability mundane,
normal protraction sell day.

The central bank dealers range
is going to be less than 40 pips.

Now, as soon as you see a
central bank dealers range,

that's greater than 40 pips.

This is not going to be that profile.

So you'll have to either
go to the next one.

We'll teach in this lesson, or
you just going to consider whether

or not you wanna be treated.

The Asian session range between
eight o'clock and midnight New York

time, we call that the Asian range.

This is going to also have a
classic range of 20 to 30 pips.

If it's larger than that, again,
this profile will not be existing.

Typically what you're going to
see is the market will rally.

After 12:00 AM, New York time
to 2:00 AM, New York time.

Now think about what I'm explaining here.

You're already looking for a bearish move.

You're already bearish on the
hard timeframe, the dailies

indicating lower prices.

So what we're looking for is the
month high to form classically.

The high probability scenario for
this profile to unfold is you have

to see what time it is in New York.

And then you're going to be seeing price
immediately start trading up from that

point, if it does not start trading up
into two o'clock in the morning, New

York time, that is not this profile.

So right away you have a filter.

You have essential bank deals.

Range has to be less than 40 pips check.

Asian range has to be 2030 pips check.

Now if those two conditions are there,
but yet we do not see price rallying.

After 12:00 AM, New
York time into 2:00 AM.

If that does not occur again,
that is not the London normal

protraction airy cell day.

The protectionary stage where Judas swing
will be one to two standard deviations

of the central bank dealers range.

Now let's recap what I
just explained to you.

The ideal scenario, the one I
liked to trade the one that makes

me sit on the sideline and wait
for these specific criteria.

Everyone wants to know
when I'm trading London.

This is what I'm looking for.

This is my money-making day.

This is the thing that outlines the
whole thing for my cell day for London.

This is my go-to.

I like this profile.

If I do not have these
ingredients, if you will.

I am not bacon in London.

I'm just not going to do it.

So again, let's consider
what this is outlined.

If the central bank dealer's range
is greater than 40 pips, there's been

a whole lot more later afternoon,
New York session price action.

So that means it's been extended further.

If they have allowed the
price to move further in an

arranged greater than 40 pips.

After 2:00 PM, New York time,
that's going to mess up.

Their model for allowing
the float to build.

You want to see a consolidation between
2:00 PM to 8:00 PM, New York time.

If that does not exist right away, you
have a warning sign that you're probably

not going to be wanting to trade London.

Now that can change.

What makes that change is if the Asian
range goes down to a 20 to 30 PIP range

and stays very tightly consolidated.

So central bank dealer's range
can get wider than 40 pips, but.

The Asian range does not move down into
a small consolidation of 2030 pips.

You can't take the London session because
you've already seen a lot of volatility,

both in central bank dealer's range.

So, I mean, it's late New
York going to bonds close.

There's probably been something going
on and they are not allowing float to

build up and you have to wait until
8:00 PM for the Asian session to begin.

And then between 8:00 PM near time.

New York time, Ruby looking for
consolidation in a range of 20 to 30 pips.

If they can consolidate the Asian range,
2030 pips after a larger than 40 pips

central bank dealers range, then we can go
back to electing to look for this profile.

Now the market again has to wrap.

Immediately after midnight, New York time.

And you want to see that sustain
movement higher moving up into, towards

the two o'clock hour in New York time.

So what that's doing is it's creating
that initial move that protraction,

every state you are looking for
the move to be going up, but the

entry can occur as early as 1:30 AM.

New York time, one o'clock
in the morning, New York.

You want to see an immediate
movement up after 12:00 AM.

Now it might have a small little move
down after 12:00 AM, but it'd be modest,

but you're expecting that to turn up
shortly after midnight and you have

to be looking for price movement at
1:00 AM to one 30, it should have made

a higher high than that we've seen in
the Asian range, or since my dealer.

That's the protraction every stage in the
marketplace, but ideally it will trade

up from 12:00 AM to 2:00 AM that moving
up is IPTA expanding the range with

a projection, any state or sucking in
buyers or squeezing on those people that

have stops just above the market place.

They're already short.

When it projectionists stage or
Judas swing occurs, we're looking

for one to two standard deviations
of the central bank dealers range.

If all these criteria are met and then
you end up nailing the high, the day

between two o'clock and four o'clock in
the morning, typically for your classic

cell profile, London, normal protection

as an example, this is
what it would look like.

As you can see here, we have a
small consolidation, Asian range.

We have it immediately after midnight
timeframe, price goes straight up.

And then from there creates the high today
and trades down, creating the low of the

day around the London close time period.

And then coming off the
low into consolidation,

the projection stage is seen here
immediately after that midnight.

Okay.

Intraday market profiles, continuing
to our cell profile with London,

delayed protraction, the market
may or may not have a favorable

central bank dealers range.

That means they could
be an ideal stage set.

It could be less than 40 pips, or
it could be greater than 40 pips.

This profile can go either way when
we're using the central bank dealer.

The directional bias is going to be
bearish, but the protraction, every

stage is going to be delayed in the day.

In other words, we're not going to
see the rally right after midnight

in New York time, it may just be road
and go lower rate after midnight,

if they will enter a projection the
stage at, or shortly after 2:00 AM.

So, what you're going to be doing
is you have a vertical line on your

15 minute timeframe, and you're
looking for price to stage a rally

at, or just shortly after 2:00 AM.

That rally is going to be a intraday
inside the range that's already

existing or inside the height
it's already formed for the day.

It's going to be creating a
smaller little Judas swing.

It's going to rally up from two o'clock
and making your London entry guns.

You mean looking for an intraday
premium PDA array to short

on inside that retracement.

Now again, that retrace is going
to occur at, or just after 2:00 AM.

When do you look for that?

When the market does not create.

12:00 AM New York time rally.

In other words, the price does
not go into a transitionary

stage higher after midnight.

It just rolls over, goes soft
and makes a progressively

lower move going into 2:00 AM.

Not a problem.

Draw a vertical line at 2:00 AM.

Wait for a retracement hire.

That will be if this projection,
every stage, it will not

want to make a higher high.

And.

Price, we'll go to a premium PD,
Ray and bear shoulder block close,

a fair value gap or liquidity void.

And then you will be
selling short on a day.

And again, the primary premises is you
already have to have a bearish outlook.

The daily is respecting
resistance ideas and it should

be seeking sell-side liquidity.

If you have this criteria, this is the
London delayed projection or profile

that you'd looked with trade-off up.

But the key is having that
two o'clock timeframe.

There must be a rally up at, or
just after 2:00 AM trading up into a

premium right in the timeframe you're
trading on, which is the 15 minute.

An example that would be seen
here, price rolls over just

doesn't make any higher high.

Then we have a projectionist stage rate
after two o'clock on this timeframe.

This is a scene with 70 GMT, which
would be two o'clock in New York time

price creates a rally and trades back
up into a bear's order block and then

creates the London session high trading.

And you can see the projection
of the stage here after 2:00 AM.

Okay.

Intro market profiles continued.

Now we're looking at the buy profiles.

Now this is the one I like to trade.

When I'm looking to buy in the
London session, this is the

London normal protraction stage
central bank dealers range.

Again is going to be less than 40.

The Asian range is 20 to 30 pips.

Again, a near consolidation.

The market's going to
decline lower after 12:00 AM.

New York time into 2:00 AM, New York.

That's the fingerprint.

If you will, that if does
doing what we're outlining here

in terms of characteristics.

So if we do not see an immediate decline
from 12:00 AM, New York down into 2:00 AM.

This is not going to be in London,
normal projection by day, the projection

and Arie stage or Judah swing will
be one to two standard deviations

of the central bank dealers range.

So what we're looking at here,
again, central bank dealers range

is going to be less than 40 pips.

So they are consolidating the late
New York session going into bonkers.

Then in Asian range has a small
narrow 20 to 30 pet range as well.

So they are allowing orders to build
up above and below the marketplace.

The market starts dropping immediately
after 12:00 AM, New York time at midnight,

and it trades lower down into 2:00 AM.

Now again, the London low conform,
just ahead of 2:00 AM, but we're

looking for a price that be trending
towards or making lower lows.

Going into that 2:00 AM time period.

The market can start
with an initial move up.

Very modest, little move after 12:00
AM, but it has to start trending lower

after 12:00 AM or shortly thereafter.

And it has to consistently
move lower past.

Ideally 1:00 AM 1:30 AM and
right about, then you have a

confirmation that the London normal
projection by profile is unfolding.

You're gonna be looking for that
Judas swing or projection or your

stage in the marketplace to reach
down one to two standard deviations

in the central bank dealers range.

And that'll be your projected low,

an example that is seen here.

The market enters a small central
bank dealers range in Asian range has

also a respectable range in terms of.

Then price drops, lower rate.

After the midnight candle

finds the low of the day and
expands out for higher clothes,

you can see here.

This is the projection stage
immediately after 12:00 AM, New York.

Okay.

Intraday market profiles, continuing
with our by profile of the London

delayed protraction for this, we're
going to be looking for the market may

or may not have a favorable central bank
dealers range so it can happen either.

Or it can be an day where the central
bank dealers range is less than

40 pips were greater than 40 pips.

The filter moves over to the Asian range.

That is also a defining factor.

Helps build this a little bit more
as a favorable trading profile.

If the Asian range creates a small
range, but it's not necessary because

the profile could be seen with, or
without the Asian range being an arrange

or the central bank dealers range
being in a small consolidation as well.

Main premises of directional bias is
bullish, but the protraction is delayed.

If they will enter a protraction stage
at, or shortly after 2:00 AM, New York.

And you're gonna be looking for a
discount PD array to buy at during

a retracement that will occur at,
or shortly after 2:00 AM, New York.

So, what are we saying here?

We have a market that has a
questionable central bank dealers range.

That doesn't mean that
we just toss it out.

We have to look at what's
going on at midnight.

So we had to get up or make
ourselves available at midnight

and see, okay, we're going to be
looking for the characteristics

that's being described here.

If we have wider than 40 pips
central bank dealers range.

Okay.

Then we probably are going to be
seeing a London delayed projection.

Every stage the directional
bias has to be clearly.

And if we don't see the characteristics
that we saw for the mundane

protraction every day for by
profile, then we have to look for

these types of things for the delay.

So if they will enter a projection on
the stage at, or shortly after 2:00

AM, so what we can do is if we see all
those indications are there at midnight,

we can either take a nap or we can
stay up and wait to see if there's.

Delayed protectionary stage or
Judas swing that begins at 2:00 AM

and will retrace lower, and it will
seek a intraday discount PD array.

And you'll be buying that
during that retracement.

So basically it would be like a classic
intraday optimal trade entry, long

or shorter block closing in a fair
value gap, the low market price or a

liquidity void that movement lower.

That will create that London entry for
a London delayed protraction every day.

An example seen here, the market
starts up and it doesn't give us

a real clear picture right away.

It starts moving higher.

It doesn't give us that big
move, lower or initial dropdown.

So we have a questionable, um, such my
dealers range or Asian range scenario.

We can be looking for.

Our directional bias unfold,
which is a bullish day.

If that will enter a projection at each
stage at, or shortly after 2:00 AM,

New York, that's the blue line here.

Market drops down and dips
into an intraday discount.

PDA Ray.

In this example, here, you can see
it trades down into a previous down

closed candle or bull shorter block
creating the London setup to unfold

for the rest of the bullish closed day.

And the rest of the template is
seen here making the high today in.

Trading off as London close high into
consolidation for the daily clothes.

So we have two dominant profiles
that I like to trait and look for.

The characteristics are highly specific.

They're not ambiguous.

They have specific
criteria that we look for.

If the first one, which is the London
protraction, whether it be by herself,

profiles, characteristics are not there.

Then I look for justification for
the delay in the projection or

the stage of the London session.

So the key is to am New York.

So we're looking at 12:00 AM
for a classic London project.

Where'd you to swing.

If we don't see that movement in favor
of our up-close day with a down move

after 12:00 AM at Judas swing lower.

If we don't see that, then we're going
to be looking for this scenario here.

2:00 AM.

So here's the criteria you have to be up.

If you're going to be a London
trader, the ideal scenario is

you're going to be up at 12:00 AM.

New York time, all we up.

At least in my opinion,
2:30 AM to 3:00 AM.

That's the, that's that three hour window.

Once you see what's being outlined in both
of these profiles, whether you're a buyer

or seller, I'm only looking for four types
of conditions and I should already have

just two conditions set for London either.

I'm going to be, but what's your.

That's going to be this determined
by looking at the daily chart and

where are we trading off of recently?

Are we moving higher or lower?

If we're going to be extended, expanding
higher, then I'm going to be looking

for bullish scenarios and London.

And I'm going to using the two
criteria for the buy profile either.

It's going to be a London protraction
or a London delayed protection.

That's it, nothing else is
slipping through the cracks.

Nothing else is going to surprise me.

I'm looking for two criteria.

I'm looking for a scenario to unfold
at 12:00 AM going into 2:00 AM.

If that does not happen, then
I know what I'm looking for.

2:00 AM.

I'm looking for that
delay of a Judas swing.

The only differences I'm going to be
either a buyer or seller based on my

hard timeframe premise, that's it.

There's no magic to it than that.

I understand that if they will
do these scenarios, And it'll

also keep you out of traits.

There's going to be times where it
won't provide you an entry to market.

We'll just probably keep on going
up and it'll probably be a 90 day.

It might be 150 PIP day.

And you aren't getting in with either
one of these profiles and guess what?

That means.

That's a trade that you missed.

You can send me emails and
complain about it on his telling

you some days I miss it too.

But by far and large, if you look for
these two characteristics for a buyer,

Intraday when you already have a higher
timeframe notion that the price should

be higher or lower based on that daily
chart, your criteria for trading the

London session is simple as this.

There's nothing else
that you're looking for.

The framework we're going to give
you from the higher timeframe down,

obviously in later teaching, but for
here, you're only looking for two things.

Uh, movement after 12:00 AM going
into two o'clock in the morning.

And if that doesn't happen, then
you draw a vertical line at 2:00 AM.

Then you expect it there.

So between two o'clock and 3:00
AM that Judas swing should occur.

Now think about it.

I just told you, I just loaded
your 50 caliber Barrett,

ready to take down big game.

You're able to find London open setups now
with very specific criteria and filling.

Go back and look at your old charts
and you'll see that these are going

to be the two dominant forces that
outline all of the best London

open sessions until next lesson.

I wish you good luck and good trading.