PD-ARRAY MATRIX 1/ This Is @I_Am_The_ICT Pd Array Maxrix
Understanding this will supercharge your ability to build a model that works for you
You want the Entry to be at the extreme but the stop losses to be near the middle of the matrix
Outline for building a model #Ict 1/6 twitter.com/i/web/status/1…
2/. Pick 1 or 2 Pd arrays for the Setup
Must be REVERSAL or CONTINUATION.
Choose a chart time Frame you will look for this and a 2nd for entry
Pick a Specific timeframe for entry Example -"after the IT-MSS on a 3min I drop down to a 1min for a Fvg or MB entry" #trading
3/ Now It is Important you choose a specific window of time you expect to see this happen
Example: 8:30-900am
Remember that it is TIME & PRICE.
Decide on a PD array for Stop loss
The closer to 50% the less risk
Deeper discount will equal more risk in most cases
4/ Pick one or two PD arrays for targets One for a scale out and a 2nd to Exit into
You can choose a FvG or BB for first Scale out and the 2nd liquidity pool or a mitigation block but its up to you!
Choose the ones you see easiest for your model
5/ This how I have built my trading models With the variety of Pd Arrays you have Endless combinations and Models to create.
BE CREATIVE as ICT said he wants us to take the logic and build unique models that work for us.
I think it is imperative you do this
6/ It will build your confidence and you will have a model that fits YOU and not someone else
Hope this outline for building models using ICT concepts helps and have a good weekend
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Forget the ICT Market Structure Shift 📈
Use Intermediate Term High and Lows instead
These are highs and lows that fill a FvG 🎯
3 Min intermediate term MSS then enter on a 1 min Fvg or ITOB 💥
Straight Fire 🔥🔥 You will be profitable with this strategy!!!!!
You will know when the trend is changing 📉
3 MIN ITL and ITH are almost never broken until there is a change in direction that lasts for a few hours . #ES and #NQ this strategy is almost idiot proof
2.) You only need to mark out the possible liquidity 🧲 on HTF ( EQH , EQL, PDH, PDL ) Just so you know of possible reversal incoming .
Trading is High STRESS and NO JOKE TAXING 🤯
I Refused To Accept Mental Fatigue Was The Major Cause Of My Account Blow Ups🧐
Accepting the fact I can only trade for 30 minutes at a time and I STOPPED 🛑overtrading and going into TILT🤬 More in the comments 👇 #Trading
1 .) Read the book called " The Hour between the wolf and the dog" It breaks down what happens when we trade. Chemical reactions and then how it affects decision making
2.) Think of mental strength in terms of a battery when full we are able to resist the urges to overtrade or chase the market. Avoiding these trading errors are so important as we all know