15. Master Class [7b] - Scalping NY

Question 1

When trying to understand behaviour using vector candles on the 1h and you can’t see anything, what do you do?

Answer 1

Move to a lower timeframe

Question 2

When it comes to the NY sessions what often precedes big moves?

Answer 2

Compressions in the EMAs

Question 3

Good exit points are found by using which rule?

Answer 3

The three vector rule

Question 4

When Asia marks price higher and pulls back, it means what?

Answer 4

It means they are recovering vectors and building longs at lower prices before a future session continues higher

Question 5

When viewing discrete areas of “mind games”, they can be composed into what?

Answer 5

Blocks

Question 6

What are blocks?

Answer 6

They are setups - the blocks are traps from which we can see an indication of their intention

Question 7

When thinking about NY session, what are the first questions to answer?

Answer 7

What has Asia and UK/EU done?

What is their intention?

Have they recovered the zone?

Question 8

If the Asia & UK zones are recovered, what can be interpreted for NY?

Answer 8

NY is free to do its own thing

Question 9

Once you determine if the Asia & UK zones have been recovered or not, what next?

Answer 9

You wait for, and don’t trade within, the US brinks session

Question 10

The US brinks session brings what?

Answer 10

Stophunts low and/or high

Question 11

When the US session begins, you are waiting for what?

Answer 11

The first high or low

Question 12

When you understand where price is being held and what intention there might be, you can check to see what?

Answer 12

You can check to see what liquidity they want to recover and set your target

Question 13

What is most significant about the EMAs when scalping?

Answer 13

Their role as profit targets - view the EMAs through that lens

Question 14

Info on how to look for market maker building positions above/below key levels in the chart ->

Answer 14

Study everything in the image - this diagram shows everything you need to know about the Hybrid System

Question 15

Often, it seems the UK/EU session follows through with Asian market intention, and realises a return by utilising their liquidity. The US session would then do what?

Answer 15

The US session itself makes a run for profit and compensates the UK session and European session at the same time helping Asia establish the range