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all right hello everyone hope you're
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doing all right so today I wanted to
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touch on internal and external now this
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is something we have already touched on
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but now we are going to actually give it
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a name so let's not waste any time and
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let's actually dive into the chart
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straight away all right so what do we
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have here we have a fourth line of
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defense
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that is your first line of defense right
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on the daily then we have a last line of
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defense would be all the way down here
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now we are in very high momentum so what
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is the first raw liquidity
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in high momentum staying into fervai Gap
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then continued higher this is actually
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your first premium race so this would be
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your first Target and the second target
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would be that one so if we now dive into
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the 15 minute what do we actually see
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we are coming into that daily fair value
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Gap right there all right that is where
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we have the sting now I'm scouting for
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an external move to an internal move now
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what does that mean external move what
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is external if we are expecting a higher
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price all the swing lows right should
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hold somewhat they should likely see
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some respect
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so when we are still moving lower this
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is an external move so every move below
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a swing low or an intermediate term low
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is an external move so right here this
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is an external move now once we break
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Above That Swing high right there
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then we get an internal move and an
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internal move is when we have Bear
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Valley gaps or the blocks that are being
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respected an external move is a sweep of
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liquidity so it is a turtle soup
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so this right here is a turtle soup it
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is an external move
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then once we break this low and now
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break that high so that is the first
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swing High when we break that swing high
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with that little Wick right there we
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don't have to close above it necessarily
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that is your Market structure shift so
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we now have an external move first
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and then we move above
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That Swing high that is your Market
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structure now the most important thing
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as to how we can know if it will be an
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external or internal move is
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if there is some sort of fair value Gap
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in the lag
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so right here in this lag up we don't
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have a verify Gap up just yet
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so what do we see we see a sweep of
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these lows then afterwards we do get
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fair value gaps
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so when we have fair value gaps up in
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the lag
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they are more likely to hold and
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more likely to have an internal move
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than an external move
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after we take more highs we have a
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bigger retracement right here
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now this can be seen as a bigger
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internal move but also it is somewhat of
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an external move and this is what you'll
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see a lot of times when we are moving
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higher you sometimes get some sort of
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sweep in the middle of the leg up and
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then move higher again that is your
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external to now internal because now we
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are respecting the breaker that was
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created right there and then we can
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continue higher and what do we also have
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in this leg a clear fair value Gap
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so that is external to internal let's go
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over a bearish example as well alright
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here we are on yes I mean SMP now let's
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take a look at this example so we swept
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a high right here then we had a fair
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value Gap lower leaving behind that fair
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value Gap with that order block so if we
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dive into the five minute right here
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what do we actually see well we are
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coming into that order block then
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afterwards we get this external move and
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now we drop lower we already have a
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marked structure shift why is this one
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not holding I'm not going to go into
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time just yet so some of you may already
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notice
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it is only the beginning of London we
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are going to go into the kill zones
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later on but if we look at it from a
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technical standpoint right here yes we
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had an external we didn't have an
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internal just yet so if you want more
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confirmation then you wait for an
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internal so a lot of times people will
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get tricked out by the external first
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for example there and then you get the
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real external and the real internal that
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is what happens a lot of time now how
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can we prevent this is by first waiting
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for the external and then waiting for
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the internal as well and then after an
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internal you potentially get a new
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internal and that is where you enter so
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and right here if we take a look at this
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we have an external then what do we see
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here we have an internal but this is
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also an external of this one then we
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have a new internal and right there
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could be your entry right there and you
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can see how we are moving from external
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to internal and here you could even say
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a new external to a new internal so if
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this is your new external you have a new
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internal then here you have a new
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internal an internal can be followed by
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a new internal again what makes this an
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external it's because we are sweeping
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those highs and we are expecting lower
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prices that is the main difference right
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we are expecting lower prices so the
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swing highs should somewhat hold when
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they don't and they get swept every time
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price trades above a swing High it is
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now at a premium array and Above That
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Swing High when we move back below it
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again that is where we can short then we
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have an external to now an internal move
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and an internal move is mostly confirmed
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when we have a verify Gap in the lag
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right there when we have a fair value
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Gap in the leg the high is a less less
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likely to get swept again that's
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probabilities that is not something set
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in stone but it is less likely to get
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swept because you need to understand
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prices either rebalancing or taking
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liquidity so if it's not rebalancing
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something then it's what staking
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liquidity then we could wait for more
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confirmation so once we move back up
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here we have an internal move but we
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could wait for more info confirmation we
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have a new fair value Gap lower we could
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enter right there if we feel like it and
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this is fractal right if this was on a
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higher time frame that we would even
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look for the same stuff on the lower
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time frame so
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if you've noticed and you've actually
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paid attention to the full A to Z guide
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then I can already confidently say that
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you now know how to get to your bias how
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to get to your drone liquidity how to
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enter
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which PD race to use where to target
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where to place your stop loss it's stuff
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we've all went over but a lot of stuff
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went over your head
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if you didn't pay attention but again we
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will dive deeper and deeper into it we
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are not finished yet alright then this
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is it for external internal and then I
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will see you on Friday alright perfect
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study and take care thank you
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foreign
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[Music]12483
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