9. Master Class [3] - Vectors and Candles

Question 1

Where to find vectors within the ‘W’ formation?

Answer 1

3 points of accumulation and then 1 shift out of the zone

Question 2

When they are working the highs, they are telling the retail trader what?

Answer 2

To go long

Question 3

When MM realises profits on shorts via a big red vector candle, what do they do at the same time?

Answer 3

Open longs

Question 4

The business model

Answer 4

Question 5

Five important factors in developing candles?

Answer 5

1. At what point does a vector candles become a vector?
2. The speed of action in the developing candle, on the lower timeframes
3. Is it clear as to what the developing candle is doing within the zone it is playing?
4. How does the candle behaviour affect your idea of future zone formation?
5. Check the pins - are they working the highs and lows?

Question 6

What happens when market makers are exchanging contracts in an area?

Answer 6

Vector candles appear

Question 7

What are M candles?

Answer 7

Higher timeframe candlesticks drawn behind lower timeframe candles

Question 8

Vector candles formed early are candles with intention. What two things can be intended?

Answer 8

1. To initiate an ‘M’ or ‘W’ formation
2. To go and capture liquidity

Question 9

When does the market maker show their hand?

Answer 9

On vector candles

Question 10

What is key to watch for when focused in on small timeframes (i.e. 1m) ?

Answer 10

Reactions to the EMAs, especially the 50 & 200

Question 11

When the bid or ask moves without the other, what have you just witnessed?

Answer 11

Market maker filling orders