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💎Find the High & Low of the day with ICT
In this SERIES of threads, I'll cover everything about Standard Deviations
One of the most underappreciated ICT Concepts available, they are used to PINPOINT the HIGH and LOW of the day & More
Chapter 4 - ICT FLOUT Projections
🧵 twitter.com/i/web/status/1…
In this SERIES of threads, I'll cover everything about Standard Deviations
One of the most underappreciated ICT Concepts available, they are used to PINPOINT the HIGH and LOW of the day & More
Chapter 4 - ICT FLOUT Projections
🧵 twitter.com/i/web/status/1…
What is FLOUT?
Flout is CBDR and Asian Range
Flout is the total range of the CBDR and Asian Range that has been divided in half as 1 STDIV.
In other words Flout is CBDR+AR halved
Flout is CBDR and Asian Range
Flout is the total range of the CBDR and Asian Range that has been divided in half as 1 STDIV.
In other words Flout is CBDR+AR halved
When do we use FLOUT?
We use flout when CBDR and Asian Range are not favorable meaning both of them arent in the pip count sweetspot and consolidating.
We use flout when CBDR and Asian Range are not favorable meaning both of them arent in the pip count sweetspot and consolidating.
Time For FLOUT
As previously mentioned FLOUT is the combination of Asian Range and CBDR halved meaning we need to use the beginning of CBDR and the end of Asian Range
Therefore the time window for the Fibonacci pull would be 4pm- 12am, New York Time
As previously mentioned FLOUT is the combination of Asian Range and CBDR halved meaning we need to use the beginning of CBDR and the end of Asian Range
Therefore the time window for the Fibonacci pull would be 4pm- 12am, New York Time
Specifications for FLOUT
Unlike CBDR and Asian range flout doesn't need a consolidation or a Pip threshold to be used therefore we just use the Highest High and the Lowest Low of the range from 4pm to 12am.
Unlike CBDR and Asian range flout doesn't need a consolidation or a Pip threshold to be used therefore we just use the Highest High and the Lowest Low of the range from 4pm to 12am.
Seeking Setups
If our bias is Bullish we look for confluences of FLOUT Standard Deviations with Discount Arrays/Bullish PD Arrays on the H1
If our bias is Bearish we look for confluences of FLOUT Standard Deviations with Premium Arrays/Bearish PD Arrays on the H1
If our bias is Bullish we look for confluences of FLOUT Standard Deviations with Discount Arrays/Bullish PD Arrays on the H1
If our bias is Bearish we look for confluences of FLOUT Standard Deviations with Premium Arrays/Bearish PD Arrays on the H1
Settings
Fibonacci settings are similar to the CBDR and AR but instead of Integers (-3,-2,-1,0,1,2..) we are adding .5 values as well
Fibonacci settings are similar to the CBDR and AR but instead of Integers (-3,-2,-1,0,1,2..) we are adding .5 values as well
The implementations of Standard Deviations should be accompanied by liquidity pools and PD Arrays.
Ideally you want the STDIV level to be aligned with a PDH/PDL or Intraday High/Low
Ideally you want the STDIV level to be aligned with a PDH/PDL or Intraday High/Low
As in every previous thread I need to stress how important daily/directional bias is.
The goal of using Standard Deviations is to use them when we have a clear bias on the daily timeframe accompanied with time of day(killzones) in which price will likely experience volatility.
The goal of using Standard Deviations is to use them when we have a clear bias on the daily timeframe accompanied with time of day(killzones) in which price will likely experience volatility.
Combining Liquidity, PD Arrays, Time of Day and Standard deviations is what we're aiming for.
-end of thread-
The next thread i do on this series will be about intraday profiles that help with concluding whether the HOD/LOD has formed
The next thread i do on this series will be about intraday profiles that help with concluding whether the HOD/LOD has formed
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Also check out the other 3 i made so youre all caught up
https://twitter.com/silkyfx/status/1663890582484254720?s=20- 1
https://twitter.com/silkyfx/status/1665653723291430912?s=20- 2
https://twitter.com/silkyfx/status/1667999921595731968?s=20- 3
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