Ep 12 Market Structure, Advanced Price Action Theory. per ICT not even taught to his private group. LTH, ITH,STH,LTL, ITL,STL reveal the code of the Algo & he tells you how to use it. Listen closely. It is all here in Ep 12 Thread 1/13
Start with Daily chart to define bias and frame trade. Then go to 1H chart to determine LTH or LTL 2/13
Is the market likely to go up for stops or down for stops. Or is it likely to go higher to rebalance or lower to rebalance 3/13
Important! Every Swing that rebalances an imbalance is an ITH or ITL 4/13
If trade idea is correct, the ITH that is formed from rebalance of imbalance, should not be taken out & we can look for a FVG in the next lower swing/OB as a trade entry 5/13
The Hourly chart frames the trade. The 15m chart shows the entry levels and lower time frames may give better risk parameters 6/13
In this lesson ICT is bearish, when a STL or ITL is taken we can use a Fib to project take profit targets 7/13
If the ITH is formed by rebalance of an imbalance it is very weak & the market is tipping its hand that it wants to go lower. So you do not need a SWL to be broken before entering a trade in a FVG 8/13
If you are bearish, an ITH Should Not be Broken. If a STH trades above a ITH that was formed by rebalance of an imbalance, Do Not Take that trade. That keeps you from blowing your account 9/13
What is Institutional Order Flow? When your bearish All Up Closed candles should keep price from going higher than them 10/13
Look at this Institutional Order Flow 11/13
The ITH or ITL formed from rebalance of imbalance, Should Not be Broken & sets the stage for a price move that should deliver to a HTF objective & if u are bearish, up closed candles should keep price below it. If ITH or ITL is broken your trade idea is wrong, cancel trade. 12/13
Components of Market Structure & Order Flow that tell you when the Move is Still Good, when the Move Will be Dynamic & when Trade Idea is Wrong & u should get out of the trade. 13/13
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