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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

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More from @SirPickle_

Aug 14
This rule helps me avoid unnecessary losses

The โ€œmagnet theoryโ€ rule states that the higher the timeframe, the stronger the pull.

By the end of this thread, youโ€™ll learn the reason behind A LOT of your losses

A thread๐Ÿงต Image
Magnet theory rule states that the higher the timeframe, the stronger the pull.

HTF FVGs act like strong magnets, drawing price toward them with more force than LTF FVGs

If a HTF FVG exists above your current setup, then that setup is lower-probability.

So for example:

There is a Weekly -FVG created above a 4h -FVG. That 4h FVG becomes lower probability

or

There is a hourly +FVG created below a 5m FVG. That 5m FVG becomes lower probability

Price will prioritize the higher timeframe array.Image
โ€˜Are we creating a new FVG on the timeframe above?โ€™

You donโ€™t go straight to the daily timeframe and use whatever orderflow you see there as context.

You do a top-down analysis first because Monthly and Weekly FVGs will be prioritized before Daily FVGs.

Ask yourself constantly: 'Are we creating a new FVG on the timeframe above my current setup?'

If the answer is yes, then your setup is low probability.Image
Read 7 tweets
Jul 23
๐—ง๐—ต๐—ถ๐˜€ ๐˜€๐—ถ๐—ด๐—ป๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ ๐—ถ๐—ป ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐˜๐—ฒ๐—น๐—น๐˜€ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ต๐—ฒ๐—ป ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐˜„๐—ถ๐—น๐—น ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฒโ€ฆ

An Impulse Shift is a clear footprint left by Smart Money when they flip the market's direction.

By the end of this thread, youโ€™ll know how to spot it!

A thread๐Ÿงต Image
๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐—ฎ๐—ป ๐—œ๐—บ๐—ฝ๐˜‚๐—น๐˜€๐—ฒ ๐—ฆ๐—ต๐—ถ๐—ณ๐˜?

It's a powerful, V-shaped reversal that occurs at a HTF level (your Context).

You're looking for a V-shaped displacement away from that key level. The Fair Value Gap created during this sharp move is the Impulse Shift. Image
๐—ฆ๐—ถ๐—บ๐—ฝ๐—น๐—ถ๐—ณ๐˜†๐—ถ๐—ป๐—ด ๐—œ๐—บ๐—ฝ๐˜‚๐—น๐˜€๐—ฒ ๐—ฆ๐—ต๐—ถ๐—ณ๐˜

The best case scenario for an impulse shift is when price does this:

1. FVG In: Price creates an FVG into the HTF level, luring traders into the "obvious" trend.
2. FVG Out: Price then displaces sharply away from the level, creating a new FVG and trapping those traders.

Price disrespects the orderflow by making an impulse opposite to the current orderflow. Hence the name, impulse shift.Image
Read 8 tweets
Jul 3
This is the best way to trade a FVG which failed to expand higher

It's called the โ€œPivot Contextโ€, and it opens up an alternative way to frame trades

A thread ๐Ÿงต Image
Before we proceed, you need to know about swing points.

There are two types of swing points:

1. ๐—ฆ๐˜„๐—ถ๐—ป๐—ด ๐—›๐—ถ๐—ด๐—ต: A 3-candle pattern forming an inverted V. Buyside liquidity rests above it.
2. ๐—ฆ๐˜„๐—ถ๐—ป๐—ด ๐—Ÿ๐—ผ๐˜„: A 3-candle pattern forming a V. Sellside liquidity rests below it.

Swing points are important because these are where we find resting liquidities that acts as a magnet for price.Image
Pivot Context is the move fromย ๐—ฆ๐˜„๐—ถ๐—ป๐—ด ๐—ฃ๐—ผ๐—ถ๐—ป๐˜ โ†’ ๐—ฆ๐˜„๐—ถ๐—ป๐—ด ๐—ฃ๐—ผ๐—ถ๐—ป๐˜.

It's a continuation pattern. Price takes liquidity at an external range (a swing high/low) and then aggressively seeks the opposing external range liquidity.

It's a hunt for stops, followed by a reversalImage
Read 9 tweets
Jun 27
There are only two types of price legs: the ones that holdโ€ฆ and the ones that retrace.

Let me oversimplify โ€˜High-probability Price Legsโ€™ ๐Ÿงต๐Ÿ‘‡ Image
What's a Price Leg?

Simply, a swing high and a swing low.

But what makes a price leg ๐—ต๐—ถ๐—ด๐—ต-๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜†?

First, its the presence of a Fair Value Gap in that leg๐Ÿ’Ž Image
Second, magnet theory.

Having a price leg in context of the timeframe above it makes it higher probability.

This means that above the timeframe youโ€™re looking at, there are no FVGs to pull price higher or lower relative to the high-probability leg.

This is also why you should do a top-down analysis and start in the monthly first, looking at the most recent leg, going to the weekly, the daily, and the 4h.

This aligns you with the HTF orderflow of price.Image
Read 8 tweets
May 16
OVERSIMPLIFIED: Fair Value Gaps

Beginners, this oversimplified series is for you๐Ÿซต

Your eyes will be opened on how powerful fair value gaps are and how to pick the right ones.

A mini-thread๐Ÿงต Image
What is a Fair Value Gap?

There are two types of fair value gaps:

1. Bullish Fair Value Gaps
2. Bearish Fair Value Gaps

Both are a three-candle pattern, wherein the fair value gap is the gap between the first and third candles. Image
High-probability Fair Value Gaps

The best fair value gaps are created from previous fair value gaps.

Price respecting a fair value gap means we are in confirmed orderflow. Simply put, the trend is extremely strong and can be trusted to continue in that same direction. Image
Read 9 tweets
Apr 2
Your FVGs donโ€™t work because youโ€™re NOT trading within a killzone.

After reading this thread, youโ€™ll know EXACTLY how killzones affect your trading.

A thread๐Ÿงต Image
What is a โ€œkillzoneโ€?

Killzone are specific times during the trading day where volatility is typically higher.

Volatility brings energy into the market creating high probability FVGs that we can trade off of.

This volatility will always be ideal for scalpers and intraday traders.Image
Killzones are typically aligned with Red Folder News releases.

This brings in the volatility needed for the price to seek liquidity or rebalance an imbalance.

Personally, I focus on the New York session, which is 8:30 AM to 12:00 PM EST.

You can also use 2:00 AM - 5:00 AM for the London session and 8:00 PM - 12:00 AM for the Asian session.Image
Read 9 tweets

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