This lesson introduces a framework for short-term trading by combining market profiles with specific daily templates to anticipate market maker manipulation and forecast price action within weekly ranges.
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welcome back folks this is lesson three
short-term Trading
just lessons going to be teaching Market
okay in lesson two we went over the
weekly profiles
how the market generally unfolds not
every single subtle Nuance of price
action is covered obviously
but the majority of the time you're
going to find that one of these market
profiles will
basically classify the price action
you've seen it'll classically Define the
weekly profile if you go through each
one of these templates
it'll give you basically the idea of how
the market manipulation has taken place
along with the market profile for that
week so we're going to be blending the
two ideas on why the market does what it
does in these individual weekly profiles
and applying it to a template idea so
you can almost forecast what the market
makers are going to be doing in advance
based on the conditions currently in the
market that you're Trading
before we get in to the details of it all
all
every example here much like in lesson two
two
all of the charts or diagrams are
represented in and depicted as a 60
Minute chart
so the perspective I'm trying to show
you is if you were to go through your
charts and open them up in a 60 Minute
or one hour chart basis
Monday through Friday this is generally
the theme of which you see the market
trade in
okay the first one we're going to cover
is classic Tuesday low of the week now
there's going to be a few
instances where we go through a few
scenarios each template and there's a
few that only have one or two ideas
around it but for the classic Tuesday
low of the week
what you've been looking for is a market
that is primarily bullish
and the market trades down on Tuesday
into a discount now this is going to be
in the form of either old monthly weekly
or daily low
to run a liquidity pool in other words
Thursday end or going into Friday but
generally you want to look for the high
the form for the week by Thursday's New
York session
I can carry over into Friday a little
bit but in the general rule of thumb
just look for Thursday as the lines
portion of the weekly range and you're
looking for it to trade up into a
premium Market PD array now the key is
you're looking for a time frame lesser
than the discount liquidity pool that
you used to buy off of
for an example if you bought a monthly
liquidity pool
you're gonna be looking for a weekly or
another scenario for the market maker
template for a classic Tuesday low of
the week again the market condition is
you're bullish
the discount Market you see the market
trade down to an old monthly weekly or
daily high that means the market has
already broken out above a historical
high or an old high and the market has
now come back and retested that area as support
you'll be looking for this Market to
trade up into a premium PD array and or
a fib extension combination of 127 or
168 extensions for or a 100 percent
symmetrical price link or what I
classify as a perfect Market structure swing
you're gonna be looking for it to trade
up to this premium Market PD array
and overlapping FIB in a time frame
lesser than the discount old High
so in other words if you're treating
at a weekly high as support
in the form of a discount Market you're
buying down there
as a support idea
if it's the weekly high that you bought
you're going to be looking for a daily
or four hour PD array and an extension
of either 127 or 168. or preferably a
perfect symmetrical price swing of 100 percent
another scenario for the classic Tuesday
low of the week
we'd be looking for the market to trade
down into a discount Market
and trading into a bullish order block
this could be either a monthly a weekly
and or daily
or any combination of an overlap of
those three time frames
it can also be a four hour
just for the sake of space I didn't have
that in here but you could be trading
that to a four hour bullish order block
and or this can occur as a market has
already been trading higher and you've
determined the overall price move may be
much significantly and higher than what
you see graphically depicted here in
this diagram in other words it could be
a multi-week scenario where the market
could trade higher for more than one
week so if that's the case you could be
seeing the trade trade down into support
or below shoulder block on Tuesday where
you'll see the first swing grade or it
could be happening in at the equilibrium
price point
where price could be expanding up and
seeing equal measured move higher or it
could be a third swing grade now
generally third swing grades are the
halfway point between the equilibrium
and the ultimate objective in your price
objective or the for the trade
generally you don't see a stop run
in the third swing grade right before
the determinants of the price move
you're looking to trade entirely as a profit
profit
go back to the lessons where we talked
about grading the swings and you'll see
what I'm referring to that third area
or midpoint between equilibrium and your
target generally you don't see a stop
run there but you do get a little
shorter box sometimes that you can trade
off of them this is that type of
scenario we can use this template
regardless of what time frame you use
you'll be looking for it to trade up
into your premium Market PD array and or
if extension overlapping of 127 or 168
or a perfect symmetrical price swing
or basically a 100 duplication or
measured move of the price swing and
traded down into the Tuesday low
and you'll be looking forward to trade
up into a time frame lesser than that of
what you use for the bullish order block
so again if we used a weekly
quarter block we're gonna be looking for
a daily or four hour premium PD array to
take our profits at something lining up
with price above us in the premium
Market but in a time frame lesser than
fair value or a liquidity void also
could be an instance where this trade
okay the classic Tuesday high of the
week okay the first scenario you're
going to look at is a market trading up
into a premium Market
could be trading up to an old monthly
weekly or daily high in the form of
running a liquidity pool in other words
and we'll be looking to frame the trade
with a time frame lesser than that which
we used for the premium liquidity pool
and we're gonna be trading down into a
discount Market PD array what you'll be
framing is
for instance an example would be if you
sold short at a daily High being ran out
for a liquidity run on buy stops you
could see a four hour
discount PD array
to trade down into as your objective so
that would be your weekly range Being
Framed another example would be if
you're looking for a weekly High to run
out buy stops you'd be looking for a
daily or four hour discount Market PD
array again you're looking for a time
frame lesser than that which you use to
trade with since we're using monthly
weekly and daily as a framework it gives
us a great deal of probability that the
moves are going to take place secondly
we're using a lesser time frame to take
our targets because if we don't want to
hold for what would many times take
greater than a week to unfold for a move
okay our second scenario for the classic
Tuesday high of the week would be the
market trading up into a premium market
and trading up to an old monthly weekly
or daily low that means the Market's
already broken down
out of a measure of Market structure or
maybe took an old low now it's retesting
that as support broken down resistance
and we'd be looking for a discount
Market PD array and or FIB extension of
127 and 168.
and or a perfect symmetrical price swing
and a time frame lesser than that which
we used for the premium old low so
they'll write it for an example we would
be looking for the market in a bearish
context we're looking for lower prices
overall The Market opens on Monday
trades up into Tuesday creating the high
of the week but it's retesting a old
monthly weekly or daily low to that
daily low whatever it is we're going to
be using that as our means of framing
our entry with the expectation that
we're going to be selling short looking
for a discount Market PD array any time
frame lesser than that which we used to
get short off of so if we're trading a
weekly low
as resistance we could also employ a
lower time frame bearish order block or
something that effect to get in sync
with it but for instance if we're using
the weekly low
we would be looking to trade down to a
discount daily or discount four hour
Market PD array and an overlapping FIB extension
extension
converging at the 127 or 168 or a
perfect symmetrical price swing now I'm
going to show you examples of what I
mean how you anchor the FIB in here in
several examples but just remember the
move up initially in the beginning of
the week that's your price Suite is
going to be using your fibon you're
going to run your projections off of
that and I'll show you what the fulcrum
value or
void that fills in is all that's
necessary before the Tuesday highs form
back up to that old monthly weekly or
okay our next scenario would be again a
and the market moving up into a premium
bearish order block either a monthly
weekly or daily
and or it could be a first swing grade
or at equilibrium or it could be a third
swing grade entry in other words if
we're seeing a larger longer term price
move going lower if we graded our swings
we could be looking for this scenario to
take place at the first grade swing equilibrium
equilibrium
discount Market PD array
or FIB extension 127 168 or perfect
symmetrical price swing measured move
in a time frame lesser than the bearish
order block we use to trade off of now
I'll give you an example on this one
the market makers will see the for
instance we could Gap open lower
on Sunday and then all through Monday we
could trade up through higher and then
up into Tuesday London open arm New York
open we could create the high of the
week we would be in a premium Market
relative to the weekly range that's just
started we would potentially fill in a
fair value Gap or a liquidity void
trading back up to for instance a
daily bear shoulder block so if it gets
to a daily bearish order block we could
be using a four hour discount Market PD
array that overlaps with a 127 or 168 or
perfect symmetrical price swing in our fib
fib
we're using a time frame lesser than our
bearish order block entry in other words
it was a daily in this example I gave
you we'd be looking for a four hour
discount PD rating to take our profits
but it has to overlap with a projection
on that fair value or liquidity void
swing that's going up into Tuesday
that's your swing so you would measure
your Fib from that low up to the high
that's one on Tuesday and your
projections down in the form of 127 or
168. if they overlap and converge with a
four hour discount PD array then you
have your target for the week and you
can Define what their weekly range would
be and you hold for the opportunity to
unfold until Thursday and maybe into Friday
okay now we look at the Wednesday low of
the week okay this is a market profile
okay we'll generally see the market show
a short-term low on Monday and trading
up into Tuesday and then Tuesday we'll
see it trade lower
down into a discount market now it could
be trading down into an old monthly
weekly or daily low for a liquidity pool
in other words running out sell stops
and we're looking for the market to
trade up into a premium Market PD array
in a time frame lesser than the discount
liquidity pool that we use to train off
of for a long you'll see this if you're
familiar with my old teachings many
times this is the framework I use for a
reflection pattern and trust me I'll go
through all these patterns in August
when we fill in a lot of the gaps on
things that are just subtle nuances and
little extra tips I throw in that don't
really have a place always that I can
clearly Define it where this always does
this or does that there's going to be
some quirky things I teach you in August
so that's one of those things I'm also
going to apply but the uh
the reflection pattern is basically a
127 or 168 extension where it runs at an
old low but it's going to trade down to
a discount Market PD array
if it takes out the cell stops below the
lows we're going to be looking for the
market to trade up into Thursday or
Friday preferably Friday into a premium
Market PD array if we're going to see
this occur on a weekly we're going to be
looking for the long on the weekly
and exiting our position on a daily or
okay our next example for the Wednesday
low of the week we can frame our Market
with a discount Market old monthly
weekly or daily high in other words
we've seen the market trade up broken
out now it's coming back down Monday we
started to trade up a little bit then
Tuesday it traded lower
down to the old High
so it could be a monthly high that
retains back down into on Wednesday
and we're going to be framing that with
an expectation of seeing the market
rally up into Friday
with a premium Market PD array and or
FIB extension 127 168 or perfect
symmetrical price swing in a time frame
lesser than that of which we use for the
old high long so for instance if we
bought a old monthly High retest after
it's broken out we can see the monthly
High acting as support so our electric
time frame PD array or premium Target
would be seen either in a weekly daily
or four hour
the key is finding where it overlaps
with the 127 and 168. we're not just
simply looking for 127 and 168
extensions we're doing that also and
coupling it with in all these examples
with a lesser time frame PD array that's
contrary to what we use to enter the trade
okay our third example for the Wednesday
low of the week we can see the market
trade down into Wednesday into a
discount Market
when the markets generally primarily
bullish anyway and we're going to trade
into a bullish order block and it could
be in the form of a monthly or weekly or
daily or it could be a first swing grade
entry in other words if we see the
market moving higher much longer term
than just one week and we're seeing our
first retracement back where we can get
our lawn
take a swing trade or a position trade
on that
it could occur at that first swing grade
or it could occur at the equilibrium of
the overall price move or halfway point
of what you expect to see as an overall
price Target or could occur at the third
swing rate in other words one half
between where you're halfway point
equilibrium is for the trade
and the ultimate Target now when we look
at Price swings or targets And Trades we
graduated into four stages first stage
second stage takes us to equilibrium
third stage or third swing grade and
then the fourth is Terminus where the
end of the trade takes effect and that's
where your profits are taken that's the
maximum we expect to see the market move
this occurs sometimes at the first
equilibrium and third swing grade as a
potential opportunity so the market
could be just floating around between a
premium and discount Market on Sunday
and Monday and Tuesday but then
Wednesday it trades down into a discount
level where it clearly hits a order
block and now can be capitalized and
send price higher up in through Thursday
into Friday
whichever you use in other words the
time frame you use to go long on
whatever that order block is whatever
time frame it is that you use for
instance could be a daily we're going to
be looking for a premium Market PD array
with an overlapping FIB of 127 168 or
symmetrical price swing
in a lesser time frame in other words if
we've seen it on a daily that we bought
a bullish order block on on Wednesday
we're looking for the four hour
premium pdra that overlaps with a 127
the fair value or liquidity void
that run down that price swing is what
you use your fibs on to run your
extensions for 127 168 or perfect 100 percent
percent
duplication of that price swing down
okay Wednesday high of the week this is
when you're looking for a bearish market environment
