2022 vid 3 Internal Range Liquidity and Market Structure Shift Flashcards
1
Q
15M sell
3.1 Name the 4 steps on 15m time frame for a sell
15M
A
- 1H SSL taken
- price rallies up to take out BSL
- anticipate MSS
- prefers equal highs even if there are higher points
2
Q
15M Buy
3.2 name the 4 steps on 15m time frame for a sell
A
- 1H BSL taken
- price drops to take out SSL
- anticipate MSS
- prefers equal lows even if there are lower points
15M
3
Q
LTF
3.4
what do I look for before placing my order?
1 to 3 minute sell
LTF
A
- find 1st STL after price takes out BSL (or is it once price starts to reverse?)
- wait for price to take out STL (MSS forms)
- Wait for SIBI
- take trade when price returns to FVG OR price returns to OB- open price
4
Q
Target
3.5 LTF Target
Target
A
*STHs or STLs on previous leg
* alternate target: FVG or PD Array on previous lege
5
Q
sequence for placing trade
3.6 What do i need to look for when placing a sell?
Entry
Sell
A
- find STL after price takes out SSL
- wait for price to take out STL
- wait for price to form FVG
- wait for price to return to FVG (MSS)
6
Q
OB
3.7 Define a high quality Order Block
definition
A
- has a gap
- taken liquidity
- has MSS
- opening price extends out in time
7
Q
sequence for placing trade
3.8 What do i need to look for when placing a buy?
entry
A
- find STH after price takes out BSL
- wait for price to take out STH
- wait for price to form FVG
- wait for price to return to FVG (MSS)
