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Feb 16, 2023 โ€ข 3 tweets โ€ข 1 min read โ€ข Read on X
ICT GEM๐Ÿ’Ž

Understanding Intermediate Term Highs/Lows๐Ÿง โฌ‡๏ธ

-Every single time price rebalances an old imbalance, that swing high or low should be immediately labeled as an ITH/ITL

-If we break beneath an ITH/ITL, we have a significant break in market structure๐Ÿ‘๏ธ

#Tradingtips Image
ITHs/ITLs have TWO classifications:

1โƒฃ) ITH that has a lower STH to the left of it and lower STH to the right of it (flip logic around for ITL)

2โƒฃ)Trades back up to an imbalance to rebalance
$ES 15m

The Aftermath๐Ÿฉธ Image

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More from @SirPickle_

Feb 14
๐—ฆ๐˜๐—ผ๐—ฝ ๐˜๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐—น๐—ผ๐˜„-๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐˜๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐˜€โŒ

The highest probability setups come when you ALIGN your trades with HTF ORDERFLOWโœ…

After reading this, youโ€™ll know what that looks like.

A thread๐Ÿงต Image
๐—™๐—ถ๐—ฟ๐˜€๐˜, ๐˜„๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐—ข๐—ฅ๐——๐—˜๐—ฅ๐—™๐—Ÿ๐—ข๐—ช?๐Ÿค”

Order flow can be seen through FAIR VALUE GAPS.

In Bullish Orderflow, Discount arrays are respected and Premium arrays are disrespected.

In Bearish Orderflow, Premium arrays are respected and Discount arrays are disrespected. Image
๐—ž๐—ฒ๐˜† ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ผ๐—ป๐—ฒ๐—ป๐˜๐˜€ ๐—ผ๐—ณ ๐—ฎ๐—ป ๐—ข๐—ฅ๐——๐—˜๐—ฅ๐—™๐—Ÿ๐—ข๐—ช ๐—Ÿ๐—˜๐—š๐Ÿฆต

A high-probability price leg consists of a swing high, a fair value gap, and a swing low.

The FVG makes a price legs HIGH probability. It shows the INTENTION

Remember: A lack of a fair value gap in a price leg will result in a low-probability price leg.

(Meaning its unlikely to hold)

This is why I always demand a FVG.

Learn how to avoid low-probability conditions here: youtu.be/cz2s9QGuq1k?siโ€ฆImage
Read 9 tweets
Feb 6
๐—ง๐—ต๐—ถ๐˜€ ๐—ถ๐˜€ ๐—ต๐—ผ๐˜„ ๐—œ ๐—–๐—ข๐—ก๐—ฆ๐—œ๐—ฆ๐—ง๐—˜๐—ก๐—ง๐—Ÿ๐—ฌ ๐—ณ๐—ถ๐—ป๐—ฑ ๐—›๐—œ๐—š๐—› ๐—ฃ๐—ฅ๐—ข๐—•๐—”๐—•๐—œ๐—Ÿ๐—œ๐—ง๐—ฌ ๐—ฆ๐˜„๐—ถ๐—ป๐—ด ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐˜€!๐Ÿ’Ž

After reading this thread, youโ€™ll know the EXACT high win rate approach I use to swing trade using my Summit Model.

A thread๐Ÿงต Image
If youโ€™ve been following me for a while, you know that all of my swing trades are almost identical to each other๐Ÿชž

I look for simple but high-probability (HP) signatures in price.

Thatโ€™s what youโ€™ll learn today. Image
๐—›๐—ฃ ๐—ฆ๐—ถ๐—ด๐—ป๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ #๐Ÿญ: ๐—›๐—ง๐—™ ๐—–๐—ผ๐—ป๐˜๐—ฒ๐˜…๐˜๐ŸŽฏ

Context is made up of two key components:

1. Narrative - tells you what price will use to go towards the target

2. Target - tells you where price is going

This is what I look for on the HTFs such as Monthly, Weekly, and Daily with the Daily being the minimum timeframe i demand for context.

No context, No trade.Image
Read 11 tweets
Jan 29
You keep losing money because you dont know what low probability conditions look like.

Lets change that today.

By the end of this thread you will know the 7 low probability conditions you need to avoid.

A Thread๐Ÿงต Image
Being a good and consistent trader means you know how to spot low-probability conditions๐Ÿ”

Not all IRLโ†’ERL setups are created equal.

You should be able to know the difference between low probability context and high probability context (IRLโ†’ERL)

This is where most traders fail, they think ever FVG is something to trade out of.

Ask yourself this: Where did price come from?

Did this FVG form in consolidation? If yes, AVOIDImage
Condition #1: Lack of Fair Value GapsโŒ

Fair Value Gaps show the marketโ€™s intention to go higher or lower.

It is a crucial part of determining the bias and the narrative and without it, it is likely to be a low-probability market condition.

REMEMBER: No FVGโ†’No Orderflowโ†’No direction.๐Ÿ’ŽImage
Read 11 tweets
Jan 23
Improve your win rate using CURRENCY FUTURES!๐Ÿ’ช

This is the secret to finding the best setups when trading forex

After you finish reading this thread and you'll know exactly how I use CURRENCY FUTURES (something most ppl dont know about)!

A thread๐Ÿงต Image
First, letโ€™s define what CURRENCY FUTURES are๐Ÿ“

Currency futures are simply the futures chart of specific currencies.

Their ticker symbol follow a simple format. An example of this is the Euro FX Futures Continuous Chart: 6E1!

Where the first letter of the asset is in between the 6 and 1!.Image
Hereโ€™s how we can use CURRENCY FUTURES to identify which pairs are likely to move๐Ÿ’ช

The rule of thumb here is to pair strong pairs with weak or consolidating pairs since this will lead us to pairs that has higher chances of being one-sided.

So to clear it up:

Strong vs Weak โœ…

Strong vs Consolidating โœ…

Weak vs Consolidating โœ…

Strong vs Strong โŒ

Weak vs Weak โŒ

Consolidating vs ConsolidatingโŒImage
Read 11 tweets
Jan 15
๐—ฌ๐—ผ๐˜‚ ๐—ก๐—˜๐—˜๐—— ๐˜๐—ผ ๐—ธ๐—ป๐—ผ๐˜„ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐—ฎ๐˜„๐—ฎ๐˜† ๐—š๐—ฎ๐—ฝ๐˜€

The FVGs that stays open

After reading this thread, youโ€™ll know exactly how to spot and capitalize on them ๐Ÿ’ฐ

A thread๐Ÿงต Image
The key to understanding Breakaway Gaps (BAGs) are first knowing what are Fair value gaps (FVGs).

FVGs are 3 candle patterns where the wick of the first and third candle dont overlap. Image
๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐˜€๐—ฝ๐—ผ๐˜ ๐—ฎ ๐—•๐—ฟ๐—ฒ๐—ฎ๐—ธ๐—ฎ๐˜„๐—ฎ๐˜† ๐—š๐—ฎ๐—ฝ (๐—•๐—”๐—š)

A BAG is a type of fair value gap that we expect to remain open.

It is formed when the third candle of the FVG expands and closes above the second candle leaving the gap unfilled.

It is a sign that price is reaching for something, and is in a HURRY to get thereImage
Read 10 tweets
Jan 6
Master the Most Powerful PD Array: Fair Value Gaps

By the end of this thread, youโ€™ll unlock a deep understanding of how to use FVGs to level up your trading.

Letโ€™s dive in ๐ŸงตImage
A fair value gap is simply the gap between 3 candles.

It signals DISPLACEMENT (an aggressive movement in price)

Displacement = Fair Value Gaps.

These displacements show us the INTENTION of price giving us the next likely direction it will trade in.

FVGs can be found on ay timeframes.

Combine it with ORDERFLOW and a proper understanding of timeframes and you will 10x your winrate.Image
There are two classification of Fair Value GapsโœŒ๏ธ

๐ŸŸขA BISI or Buyside Imbalance, Sellside Inefficiency.
๐Ÿ”ดA SIBI or Sellside Imbalance, Buyside Inefficiency.

Both shows one-sided delivery signaling priceโ€™s intention to move higher or lower. Image
Read 10 tweets

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