Turtle Soup Trading: (Buying Bottoms & Selling Tops)
A detailed thread explaining everything about TS.🧵
- Origin - Theory - Top 3 Turtle Soup Models - Trade Examples - Applications.
Everything Begins with TS & Ends with TS.
Credit: @Romeotpt
.@Romeotpt has shed new light on the Turtle Soup strategy, developing multiple profitable models based on it.
By simplifying ICT's concepts and delving into the strategy in depth, Romeo has significantly contributed to the growth and popularity of Turtle Soup.
Turtle Soup Core Concepts:
The fundamental theory and concept of Turtle Soup can be summarized as "Every Turtle Soup has a Swing Failure.“
This concept suggests that Turtle Soup means Fake Breakout or it can also be called a Raid on Stops or Stop Hunt.
Turtle Soup Graphical Depiction:
Turtle Soup Chart Examples:
More About Turtle Soup:
TS is higher probability when aligned with the correct Time. (1, 3, 6, 9)
TS is not only limited to H/L, we can anticipate TS on LTF inside a HTF PD Array also.
We don’t need a MSS to confirm TS. CISD and iFVG are PD Arrays I use to confirm TS.
How To Trade With Turtle Soup:
There are certain steps to check for before using Turtle Soup:
- Higher Timeframe Order Flow
- Higher timeframe DOL Level
- Internal Range Liquidity Level
- LTF STRUCTURE SHIFT
Turtle Soup Model #1:
- Key Level
- Turtle Soup Above/Below Highs/Lows
- Time
- CISD
Turtle Soup Model #2:
- Key Level
- Time
- HTF FVG
- LTF Turtle Soup
Turtle Soup Model #3:
- Key Level Above/Below the Range
- Time
- Turtle Soup
- Range Highs/Lows to Range Lows/Highs
High-probability purges are frequently observed at 1, 3, 6, and 9AM EST.
For anyone unfamiliar with TSQ, it stands for The Sequence.
This represents a method to trade Higher Timeframe CRT Ranges on lower timeframes using specific protocols.
This is just a peek into the intriguing realm of Turtle Soup.
Combining TS with things like CRT is absolutely all you need to navigate the markets profitably.
Happy studying! Share this with everyone you know!
Credit: @Romeotpt for bringing Turtle Soup popularity. Thank you!
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