This SIMPLE ICT Futures Trading Strategy Made Her Over $100,000 - Tanja Trades (Copy This)

0:00 Today we have a very special guest all the way from New York. One of the best and the best ICT live streamer on YouTube is the one and only Tanya Trade. You might get married to your bias there and continue trying to short as it's retracing and then you get stopped out and now you're mad and now you're flipping long here. That's exactly what blows up accounts and I've been there and done that. If you're trading that then you most likely you're going to be the liquidity. Most likely you you will get manipulated out but there are different rules for that. So I like to wait for confirmation and this is again this is a little bit more advanced. I don't really love doing that because this part is where you're really building discipline. That is where like champions are born. I would say warriors are forged in that time. I want to always get involved in the distribution aspect and this is the easiest part to trade because with the being

0:51 for such a small amount of time, you already know you're on side and something like that happens. That's how you know you're in a high probability environment actually is. Welcome everyone back to Chart Fanatics, the go-to channel for all the very best strategy breakdowns with the best traders in the world. Talking of which, today we have a very special guest all the way from New York. The one of the best and the best ICT live streamer on YouTube. Trades live almost every single day or every day? Every day. Pretty much every day. Every single day. And you've already seen her. It's the one and only Tanya Trades. Thank you for being here. Thank you for having me. It's my absolute pleasure. I know we got to do a podcast. Um, how long ago was it? I think it's like almost a year maybe. I think it was in August now. It's April, so almost a year. Almost a year, but it was

1:37 incredible podcast. But we got to speak about your journey. We were trying to talk about concepts, but that's a bit hard to do right on a podcast. So, I'm very very much looking forward today to go through uh strategies and and sort of concepts. Uh, but where's best to begin, do you think? Um, I think today what I really want to tackle is going over the high probability trading days and the low probability trading days and how to avoid the low probability days and save your capital. And I think where we should start off with is talking about how well the market pretty much moves in accumulation, manipulation, and distribution. So if we can go ahead and I'll draw that out. So it's like AMD accumulation manipulation distribution. So the first phase is pretty much accumulating

2:30 prices just moving sideways and then you typically get some sort of manipulation to the downside and then after that distribution to a point of interest. So I want to always get involved in the distribution aspect, right? And this is the easiest part to trade because typically price is just going towards the draw in liquidity, which we'll get into later what that looks like. Um, and this is the part that I want to avoid because rangebound action is really hard to trade. Um, and it'll have you scratching your head. It'll have you annoyed and just questioning your life because it just goes back and forth and back and forth and it's just it'll hit your stop loss and

3:16 then go back in one direction. It doesn't even typically look like that. Looks like like this, right? Making another high and then a lower low and then another higher high and such like that. Yeah. Um that's a seek and destroy profile. So the point is how can we recognize days like this to avoid them or how can we recognize days like this so we can really take advantage of that and use that to really upscale our P&L. Definitely. So like focusing as you said like ranges will nine times out of 10 actually look like this. So like what days are accumulation days or low probability days most likely to be part of? It's typically a day where there's no red folder news events. Oh yes. Like if it's just yellow folder or there's just nothing or even worse if you're

4:04 trading like a bank holiday like recent the banks are not trading like why are you trading most of the time is not going to be a good idea. Um or a day after a holiday and there's no news and price is just accumulating for the next manipulation basically. And so if you're if you're trading that then you more most likely you're going to beat the liquidity and most likely you you will get manipulated out. Um that being said, we'll get into like there are days like you can take a trade here and there's different ways of approaching that. Um but there are different rules for that. So number two, I would say it's like a day before um day before a large high impact news event such as um FOMC, NFP. Yeah, exactly.

4:52 like a super high impact event which is like day before CPI I don't really love trading day before NFP some people like the session like the day before FOMC is also not really that great too much most of the times I'll go I'll trade that but I'll trade smaller size day before CPI typically don't even love I'll I don't even look at the charts a lot of times um yeah why because like price is accumulating before it's generating liquidity and then the next day you'll see during the 8:30 dirty news. Like typically it's it's something like this and then just like a huge wick to the downside that knocks all these people out before the actual move. So I want to be part of this move here, not any of this and then getting what knocked out there. Of course. Um so that's like two simple ways just looking at the economic calendar, right? Pretty simple. Hey guys,

5:42 just a very very quick one. If you're enjoying this playbook and you want to get it sent directly to you, make sure to go on chart fanatics.com, put your email in, and every episode we drop, we will send you a direct PDF breaking down this exact playbook. Or alternatively, also the playbooks will be put all together with the rules over on Trade Zella. That is an incredible collaboration. So, if you want to actually add the playbook to your Tradezella, make sure you go check that out as well. But let's get back into this episode. Another thing to recognize. Yeah. Another possible day is we just had it's a day after a large expansion day like we just price the day before just kept going just dropping lower and lower and lower and then now we just hit this

6:27 monthly target where like a monthly liquidity pool. Maybe it was a monthly fair value gap or even a weekly fair value gap and hey what happens after distribution? Typically we go back to accumulation and now the price price is just doing price discovery, right? So day after a really large move I tend to just watch price action and kind of avoid you can repric maybe sometimes you can repric to the midpoint of this like 50% of that leg up if there's a good structural standpoint of that where you see a bullish shift back up. But a lot of times we'll just accumulate price will just move between the two. So, I'm always cautious about that. I'll still show up to the charts, but I'm cautious of that fact that maybe, hey, yesterday was this huge range day

7:14 and we just hit this really large liquidity pool. Yeah. Like after a huge distribution, we could have accumulation again. And the point is just to wait for the next setup, not to to mess around and find out like I like to talk about on my stream a lot. Um so yeah that's that's but it's true because like what you're identifying is the characteristics the reoccurring themes of when the market is not really optimum as you said like the low probable days. Yeah. And you can see that if you go to the no red folded days or the bank holidays like just recently when we're recording this just on Monday we had a bank holiday and the market was just choppy just sideways and um then the next day the volatility started to pick up again right and the same with uh the day before news you'll see the exact same thing especially on like an FOMC day where it's all the way at the end of the day. Yes. Like during that day you're just going to see range and choppiness.

8:03 Um you know and same with like as you said a large movement after that you might get you know a day maybe even a follow through the two three days of large movements but once it's slowed down and as you say you that's a really actually a really big key component higher time frame you know sort of fair value gap or order block whatever it may be or liquidity pool that's a really good point because this might be three days worth of price or or like expansion but once it's been hit you do start to recognize price it might go up but it will just stay within this sort of range Um and as you say, what does the accumulation mean? It's building that liquidity, it's building those orders and then that's where we then obviously head over to the next one, right? Yeah. So yeah, so what we talked about when it's hitting that like higher like price just this actually happened during the Trump tariff like um imagine when we were put instilling tariffs was just huge

8:52 down days and this this was really easy to trade because it was respecting these was making lower highs and lower lows and this was a distribution um period of price action, right? And then we actually hit this monthly FEG and even a quarterly quarterly like order block level like the midpoint of it. Um, and then so like let let's say this happened and then now we have this huge push up from this. This might be hard to trade now because now you have jagged ends on both sides. Um, and that's I don't really love when price action there's I don't really love when price action has jagged ends on both the upside and the downside and now you're sort of like in the middle of the range. Let's say this is a 4hour fair value gap. Now we came back into at 50%. Which I said earlier

9:39 maybe I'd aim for that after we hit this liquidity pool on the monthly, right? Mhm. Um and now this is back to a 4 hour in around 50% or premium of this range. Um now what? Like now and now we have a bullish one down here. It's like yeah, we could retrace down to this one and then we can like this is where accumulation is likely to actually happen. We can come down into this one and people might be now going for this high like and I'll redraw that. We might go down into here and then people might be targeting this high. But the thing that you have to pay attention to is right now we might actually be in accumulation mode. We might be generating liquidity. So that means that we might not reach this high. We actually might make a lower high and even just make a uh higher low

10:27 as well. And that's that's the tricky aspect. Now we're generating liquidity. We might pause between 50 50% of this wick on this high and a lot of times it'll take out another low and then take out that high and then just you know this is a this is a very difficult environment. you. It is tradable, but it's very difficult. And that's my point is you have to look at if there's two points of interest here. If price is just bouncing between a 4hour fair value gap and a like an hourly another 4 hour one on this side and you don't really know, hey, where price is going to, then you it's best to stay out and just wait for more wait for that displacement to the upside, right? So, I want an energetic shift typically above a swing high. Um we say this is where traders like waste trades.

11:19 Yeah. You know, waste trades in those conditions and by the time like the the the good displacement and the good trade comes along that their mental capital's gone and and then they don't execute on that and that normally just revolves to more and more and more bad habits. Yeah. Exactly. So, I'm paying attention to if we're we're especially if we a lot of times we'll repric the top of this fair value gap and reject right there. And yeah, that might form a nice like lower time frame level like short, but I'm very cognizant I'm not going to just aim for this low. This is where people end up holding their trades too long and then they end up getting stopped out because price is not going to be moving like that anymore. Um, so if you're if you're noticing this 1 hour or 4 hour FG here, this is a good spot to take some profit. And then what I that's typically what I do. I'll take a partial profit and then I put my stop loss somewhere here, break even, and I'll get stopped

12:08 out at on the rest. And that break even that's fine. In those cases, I'm not holding for a home run. Yeah. It's understanding, okay, yeah, I'm going to take partials. Maybe I'll even be more um aggressive with taking partials. I typically always like to leave some percent of my position on. Yeah. Because just in case it does go for that low, I want to keep those runners running. Mhm. Um, and those are the cases that, you know, if you you might get frustrated if you're not taking that partial there and you might you might get married to your bias there and continue trying to short as it's retracing and then you get stopped out and now you're mad and now you're flipping long here. That's exactly what blows up accounts and I've been there and done that. You know, that's what if you have to understand this like we might just be bouncing between those PD arrays

12:54 which are premium discount arrays. the price in a premium when it retraceds to here. Now we this is a discount of this leg here. Yes. So if price is just bouncing and doesn't really have a direction because of those jagged highs are making it it's making it harder. It's better to just let it generate that. So now like you know if we stayed out of this and you know price retraced here now now it might be generating these equal highs that later on we'll get part of you know we'll get part of the move there. Yeah. But it's it's really hard to control yourself in these situations. And I think that's where traders go wrong. Um they they marry their biases and they sort of because it's easy in this environment to if you just go through a couple time frames have very conflicting biases. Like in one time frame you look for bullish, the next minute thinking bearish. That's a great point. So like that's that's where it is also super important to look at conf if if the time

13:43 frames are conflicting. Mhm. Um yeah, that's that's probably the hardest. It's like, okay, the over here, okay, the 4 hour looks uh actually this we're part of this leg that actually looks kind of bullish here, but here on the daily, we're still bearish. And now we're retracing this hourly. That's bullish. And it if you if it comes down to that, you don't have a clear bias, you don't have a clear draw on liquidity, then that's the best time to kind of just set aside and wait or wait until you are more confident. If that that's it. But if you don't know where price is going to, you you're you're done. That's like one of the first things on the checklist I'll go over later. So jagged ends on both sides also that we talked about these this jagged end.

14:29 I really prefer it. Um we'll talk about those equal highs and lows and other liquidity areas. But yeah, that's there is um yeah. Yeah. So if Yeah. So if it's hard to read structure on the 4 hour and the hourly chart like here that that's difficult and that that means that you might be part of accumulation. Yeah. Especially what I look at lack of displacements right over swing highs and lows. So typically what you're going to get here um price is probably going to wick like below this low into this FEG and then wick above. This is these are all wicks and we're not getting any displacements through. Meanwhile, I want to get a nice push through with a displacement,

15:16 meaning there's going to be a FG on the hourly or something above this high. Um, that's how that's how I'm going to figure that out. Especially if we now if we turned over this 4hour bearish fair gap to the upside and broke a swing high. That's really indicating to me now we're bullish. And this is where I want would want to think, okay, yeah, now I'm really looking for longs. I have a better point of interest here up here to go for. Yeah. Um so if there's a lack of displacements there, we're not going above those highs. We're just wicking and returning back into the range. Spec you can easily see this on the 4 hour or the hourly chart. If it will literally look like barcode action. So there's Yeah. So I' I'd rather just wait. And it's hard because like that's a 4 hour chart you're waiting on or an hourly chart you're waiting on. you're gonna have to wait a

16:04 day or something typically or just wait until the the next high impact news day, which is probably going to be later in the week, you know, it's or another another random headline. So, as they say, patience pays, you know. Yeah, patience pays. And, you know, trying to get involved when it is choppy and I get it cuz like as a trader, you assume or it's easy to assume you need to trade every day and regardless of whatever, you need to trade every day, but a lot of the time that's what leads to you not having positive P&L. um which is obviously then the opposite of wanting to be a trader and the result that you're trying to get. Yeah. Yeah. Manipul like the thing is you can trade accumulation but especially if you're a beginner to intermediate it is not recommended. There are different ways then you have to go on a smaller time frame and that's again that's harder. it's probably gonna stop you out like once and or and then you'll have to try again and then maybe

16:52 that second trade will work. But after that I'm like, "All right, if if I'm wrong twice, sometimes I'll I'll anticipate that it's going to be a harder day, but I still have an idea on the draw and liquidity. I'm still going to trade that." Um, and I'm probably going to still, depending on the day, if it's a day before a high impact news day, I'll size down. Okay, got it. Um, but I'm still going to take the trade and then I give myself two losses during that session. And if I'm wrong, then that means I either don't have a good grip on the draw and liquidity and I don't have a good read on the market, which is fine, come back the next day. Or number two is like we're in a seek and destroy environment, which is the harder one of those um environments where price is just um making a taking out a high and then taking out that low and then maybe generating another

17:38 something like this and then low and then high. That's a seek and destroy environment, right? if you're taking out highs and then lows and that's just most the the easiest way to figure this out actually is seeing that price is most of the time like remaining in the middle of the range. Yes. You know, we're actually not having so any kind of direction. Um so that's seek and destroy or fafo. People that watch my stream know what we're talking about here. The inside joke. That's it. Um but yeah, so that that's the that's the harder part of that environment. Um yeah, that that's the time where you know I'll take two losses and be like all right, there's no direction leaving the session. Um if I had a draw if I thought maybe this the drawn liquidity for example like here actually is great if I thought that maybe the drawn liquidity is up

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20:04 can actually request your payouts every 8 days, and there's actually no cap to your max payout, which really shows the infinite possibilities you can have at Apex. Thanks to Chart Fanatics, you can get the best offer available at Apex. They are always running sales. So, make sure to use the code CF. That will automatically give you the best offer available at Apex. The link for Apex Trader funding is in the description below. So, click that link, use the code CF, and you will get the best offer available. Become an Apex trader today. Now, let's get back to the episode. So yeah, this is actually a great example of maybe this is a time where maybe I would get take a loss because um this is maybe London low and we took out this liquidity down here and here we broke

20:50 this short-term high and I would maybe try to enter here stop below this low to go for this buy side liquidity up here or this high in here and guess what? I just got stopped out like and then price just surged up to to that target and that's frustrating. that's just the kind of environment you're in and that's just harder and that's okay. You have to accept that. You have to accept that. Um sometimes you'll miss the trade sometime like and again that's why it's like more for for more advanced. Well, this is why I loved what you said. Yeah. So in terms of like being able to identify what's best for beginners, where to start from, what's best for them, the sort of more intermediate, then also who's who's best in terms of like advanced uh conditions. Exactly. Exactly. Because you don't really hear of that too often to be fair. You know, people people talk about maybe advanced techniques when it comes to say risk and sizing and risk management, but you

21:39 don't really hear it in terms of conditions. Yeah, exactly. And you just want you Yeah, exactly. This is the hard the hardest of the conditions. Then there's manipulation where um some people like to get involved there. I'm not I t I don't really get involved. Um, so if we're just taking out this low, some people would get involved and just buy there before if they're anticipating a move up higher and maybe they'll put a stop on this higher time frame low down here. I um I like to wait for the confirmation. And this is again this is a little bit more advanced. This is where people call them like those turtle soups entries um colloally in the ICT community. Um because this is, you know, it's looking like a breakdown. I think I just watched your um podcast for Linda.

22:28 I love like a little Yeah, that's that's her term for sure. And you know, this might be looking this is a false breakdown essentially, but people are if you're bullish, you're buying for the upside. Um and this is the manipulation, right? Um I don't really love doing that because you know sometimes it is a breakdown and I'd rather wait for the confirmation for the distribution is again the easiest part because um you already you especially if you recognize this jagged end down here as manipulation then yeah you have a clear direction to go for up here. So that's what we'll go to next. Distribution definitely. Yeah. Yeah. So finally we're going to go into the distribution days. So, the high probability days are mostly going to be red folder events, older event days.

23:20 And like I've talked about this on my stream, like C CPI is my favorite day. The after I'm not trading the actual release of CPI. I'm trading the New York session afterwards. So, that's one of my favorite days to trade. CPI, NFP is not bad to trade either, but like even PPI, GDP, NFP I'll trade honestly again, but these are less trend-like days, so it's not the easiest. Um, what else you you have like um after FOMC, I'll I'll trade that. Yeah. Yeah, definitely. I'll trade post the the aftermath of it. It's actually really good. It's clean at times, isn't it? CPI is your favorite. Yeah, I think I've mentioned this during the podcast and like um I mean if we'll see you could just go to my um if you can literally just go to my channel and you

24:06 type in like CPI I'm like most of them are winners like you know it's just like because that's my favorite day. Those are the days where I'll go for larger wins because we're in distribution mode and price is following those respecting. I can move that stop here and then it's making a lower lower and lower high and and I can go for that huge win where my runners really make me a ton of money. Like I've made 200 points, 100 plus points several times doing that. Incredible. Um and and those are fun, right? Then we bring out the money gun on the stream. Have some fun a little bit. But um that's the point is that these are the distribution days or easier to easier to trade bigger winners. Would you say there's more confirmation behind the distribution segment of it? Yeah, because

24:52 you've already had the accumulation, you've already had the manipulation. Exactly. Yeah. There's more there's more Yeah, there's way more confirmation because you see the manipulation and if you have a target in mind, then it's easier. So, how how are we going to figure that out? Um and and the easy way to find the draw liquidity on these days is that price is jagged on one end. Let's say you know this is a daily fair value gap or and it took out previous day high. Mhm. And now we're having a 15minut time frame shift here or even like a five minute one minute depending on what kind of trader you are. Um, but we have a 15-minute shift here and then, you know, then there's a retracement into a 15-minute fair value gap. And the point is here, we already had that shift and downwards down here, maybe there's a 4hour internal liquidity, 4 hour in a discount,

25:51 which we're going to go for next, because we actually this leg back down. We never actually retrace to equilibrium of the range. And this I really like as a potential liquidity pool. Even if it does, if this previous swing low did actually reach into it, but didn't completely fill it. So we can draw that like this, but we took out this high into that fair value gap. A lot of times I am actually looking for this ugly. Okay. A lot of times I'm actually looking for this is a drawn liquidity. a shortterm low with more liquidity beneath it because we didn't actually completely repric this here. So then I'm looking for price to come all the way back down here and I'm entering up here and like that's an amazing RR situation. Um and it'll get you like 200 points, you know,

26:42 on the on the NASDAQ, which is fun. It's fun. It just simply is fun. Even when you're trading for like five years like me, it's it simply is fun. Especially when I'm watching can't be that feeling, you know. Yeah. Yeah. Yeah. I mean, it's just Yeah. At the point at that point though, it's not it's not euphoria anymore. It is more of like uh you did a great job. Yeah. Like because at that point you'd wait. Yeah. Exactly. Waiting through their spin page and then you executed properly. Um and plus, you know, at the end of the day, most people they don't they're not profitable in the market. So if you're able to be profitable, that feels good, especially as you said after 5 years. you know, at the end of the day, if you're able to um consistently be able to hit these sort of trades, um and even if they're not every day, you're hitting those your home runs, if you will, or those base hits, sorry, I think they say that you're hitting those base hits, bases,

27:29 and then you finally, you know, get your distribution done, you get your home run, of course, it's going to feel good, you know? Yeah. Exactly. Exactly. Especially if you've like wait Yeah. If you wait, especially if you're live streaming as well. You got audience to watch it. I know. I know. That's where part part of it is. Yeah. And that's it's fun. It's part of the fun, of course. Um, but yeah, that that that kind of I'm looking for that in liquidity oftent times, especially like if we have this imbalance and we made a one short-term low here, but we didn't completely repric this and and everything's looking good and on the lower time frame, right? This is how this looks like on the 4 hour, the daily. But if you go to the 15 minute and you kind of like zoom into this area here. Yeah. And that's typically where you're going to see the accumulation mostly, which is like, oh, day before CPI, you're seeing this and then during that 8:30 spike that's happening and then we kind of retrace and then and then we're dropping and then you get

28:20 this clean continuation. Yeah. Um, and yeah, that's that's that's basically how that goes because the key points here is that this you're looking for this AMD, right? You're looking for the Yeah. this. Yeah. But it's understanding the context, right? So you have your daily the manipulation will hopefully take us into here. You've also taken out obviously a pre prior high might be a daily high might just be an external liquidity. Um and then you're looking for this rather than a lot of people make the mistake of like this is a great concept. Let me go look for it and they're looking for it here. Exactly. Yeah. Exactly. They're they're looking for it here and they're kind of a lot many times you're they're not realizing okay we just dip down into here and we have this daily Mhm. tap that we have this daily buy side liquidity hasn't been tapped yet.

29:07 Exactly. And yeah, you might get wrecked there. Exactly. It's it's the positioning alongside of obviously you know keeping track of which part of the market we're in and uh you know we yes we're going for the distribution but it's understanding that this pattern if you will this concept will only play out well it's not it will only play out but the best times for it to play out and where you want to be interested is in these higher time frame areas after liquidity's been taken or displacement's taken place so that you can then look to capitalize on that Because again, people will each day, let's say this is like 3 4 days worth of price action to get to these highs. Each day they'll be looking for it. Each day they'll be looking for it versus like if you save yourself as you set out from the very beginning of the the episode for the high probable days.

29:55 Mhm. That's where you're going to have a much better time, you know, a much better performance hopefully overall and it'll feel better as we talked about just now. Like that's when it'll feel good versus the problem is if you do this like each day you take a loss loss loss loss. Mhm. Even if you end up taking the win, you won't feel good cuz you're probably just covering the loss. Exactly. And it feels like a waste of time, right? Yeah. Exactly. Exactly. So, it's this this part is where you're really building discipline. Yeah. Like that is where like champions are born, I would say. 100%. That's a great way. You're forging. Yeah. Warriors are forged in that time. Yeah. Yeah. Okay. Amazing. So, we're going to go over the pros and cons now. And just to, you know, make sure everyone's clear cons wise, we don't mean it's like a bad thing. It's normally just

30:40 like a hurdle or something to be aware of. Um, you know, when it comes to implementing this style of trading or this strategy. Mhm. Do you want me to cover the con side? Yeah. Yeah, sure. Like pros. My very poor handwriting in comparison. Okay. So, the pros, it gives you an easy like checklist. Yes. To check each morning. And we'll we'll go over that checklist and give that to the audience as well. Um it's pretty simple and it's an actual just logical thing to follow in the mornings to say, "Hey, are we potentially in a high resistance environment where it's a lower probability day or is it potentially going to be a nice clean move?" Okay, so that's that's one. Uh yeah, so that that's pros, checklists, like that checklist in the morning. A con is you know what we talked

31:27 about sometimes um price actually like doesn't manipulate and it'll continue running without you and you might feel FOMO like yeah it just continues without the manipulation continues that and without even retracing or anything and then controlling FOMO is difficult so you have staying staying disciplined yeah disciplined I would say let's take a break for a minute there guys because I want to tell you about our incredible sponsor Tradezella. Tradzella is the number one trading tool in the entire trading industry. Tradzeller allows you to become a more profitable trader. Allows you to make immense progress as a trader, no matter if you're a beginner or an advanced level trader because it makes journaling easy. It makes journaling something that is fun and

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33:05 right now. But more importantly, I would say CF20 for 20% off your yearly subscription with Tradezella. The links for Tradezella are in the description below. So, make sure you go check them out. Use CF20, get 20% off your yearly subscription. Become a better trader today. Now, let's get back to the episode. Um, another pro is like you can anticipate a difficult day before it even happens. Like it happened on my stream. This week has been a little bit difficult because you kind of have like a random headline and then it takes out my buy side liquidity target and I'm like oh well I wanted like this is basically what happened this week during my stream. I'm like okay um this is the buy side buy side liquidity that I think we're going towards. I would prefer it if we you know take out this low first and then take out that buy side. Yeah. And um price actually

33:54 what ended up happening was we just went straight we we we went down a tiny bit during 9:30 and then there was like a 937 a.m. random headline that just popped NQ up like 146 points that got out and I was like okay well you know that's that's scratched you know um so that's that ties to like FOMO you know you have to control that. Um, so I think that's a con is like FOMO is potential thing that you have to definitely control your emotions for. Um, but other than that, you can anticipate a difficult day, a barcode day. Yeah. Yeah. It's a low probable day, you know. Low probable day. And same thing, you can and uh you can anticipate a potential banger day. Is that

34:42 what we call a really good day where you have like um large amount of points. Yeah. High volatility. Yeah. Points. Yeah. Captured. Yeah. Mhm. And just for the con side, it might not present an entry, right? Yeah. That's exactly that's that. Yeah. Sometimes no entry, especially if you're waiting on a retracement, you're a retracement trader like I am. Sometimes that happens. It barely retraces and it just goes straight for your target and you just have to accept that and wait for the next setup. And that kind of sucks. But um you know that that's just going to happen that if you have a long trading career like I always think about in the in the higher time frame of things. There's going to be so many days where I take a trade and it stops me out break even then it flies to my target or there's a trade and I don't get an entry and then it flies to my target. That

35:29 actually happened the other day. I I missed a limit fill by like maybe five points or so and it it shot up but like what can I do? That's not my my process to wait for that retracement cuz when it does come to that limit fill and it wicks it and I get that sniper entry that's that's delicious. Nothing beats that. Yeah. Still nothing beats that feeling. Yeah. But um yeah. So on those days you get a large amount of points captured and you feel more confident holding then because you because you've done all this work of noting these potential days that could happen like con I don't know miss a move. Yeah. Another Yeah. Yeah. Sometimes you'll have, yeah, you'll miss a move, no entry. Um, yeah, trending day, no FOMO. And yeah, sometimes you'll sometimes you'll you'll be wrong. You know, that's not 100% win rate. You know, exactly. You have to make sure that,

36:19 you know, two stops and you're done for the day. And some there was one day actually that CPI um you know, I'm I'm not 100% rate win rate for my CPI, you know, but it's pretty good. It's like probably like 70 to 80%. Um, and there was like one recent one where you know it was a high resistance run during the morning and then after 11 it started really distributing. Um, and yeah, it's not nothing's 100% one, right? Of course. Definitely. Um, but yeah, that's why I I say like two losses and you're and you're done because you just got to accept it. Otherwise, you can really start three, four. Yeah. Yeah. You're done for. It can be the case where you know the accumulation you're expecting it to man manipulate and then obviously distribute

37:07 but it just stays in that accumulation phase and if you get kind of attached to like it needs to manipulate it needs to distribute and you start you know so sometimes it's like it's not ready yet and you just have to be patient who does a second manipulation like sometimes that'll happen. Um definitely and you know price doesn't always move exactly the same way. The the point is finding a potential process and just follow that through and let the probabilities play in your favor so that your wins that's the point is like your large amount of wins like points captures totally makes up for any little paper cuts that you might have taken during a accumulation area because you're not going to always predict it perfectly you know Definitely. So, yeah. So, we talked about earlier about the checklist. So, let's go ahead. Okay. Checklist. So, number one is checking the economic calendar. Yes, definitely. Um,

37:59 news events. You be surprised how many people don't. I'm telling you, when I was a newbie, I did not realize what FOMC was. Like, I was like, what is everyone talking about? Like, why is the market moving? Yeah, exactly. No, seriously. you have to use events and for that you can easily just check um you know forex factory or investing.com and there's many different free options for that. So are there news events are they red folder? Um this okay number two I think it's actually we didn't touch upon until now but like are the markets correlated? And I'm talking about like NASDAQ and the S&P 500 and um even the YM, the Dow Jones um in this context, but in other context you can look at you know the

38:48 pairs and that typically correlated. Um so um yeah are so are the markets correlated? So typically I want ES and NASDAQ to look similar in structure and sometimes they're not. Sometimes like I think the worst, this is a tip. Sometimes the worst situations are the NASDAQ's looking quite weak while ES is like ranging and looking kind of bullish and that's weird. And then meanwhile YM is like really the strong sister there. And then you're like all right well what you don't know what to do sometimes like oh ES might look like a bullish

39:36 situation that sense and this is actually a pretty low probability situation I'm talking about right now is if ES is a bullish scenario a lot of times it will retrace and then oh NASDAQ is really just pulling it down it'll pull it through and then maybe they'll start correlating afterwards. So, if you had actually waited for that, um, you would have been in a much better situation. But sometimes, you know, especially after a large range move, a large range move the day before, that's going to happen where they're not correlated. Yeah. And that's where people those divergences where, oh, NASDAQ took out this low pre-market and then ES did not. So, let's re let's draw that out. Actually, it's going to be good. And those are the situ those are the situations that may maybe like when people look for divergences they look at for oh NASDAQ took

40:27 out this low pre-market you know but ES did not it remained higher but then you you uh see very quickly that there's divergences on both sides and you're going to see oh wait like NASDAQ did not take out this high but ES took out this high now and then that's where it starts getting confusing and you're like okay this is those those situations where a looking for a divergence for a potential um reversal situation where in the past maybe you would look for that oh that's a potential manipulation to go higher. Yeah. Um that's not going to end up working out because they're just not correlated. They're just going to continue like this like that. And yeah, that's that's where um SMTS smart money technique divergences won't work.

41:21 Um, when the markets are not correlated, then that's not going to work. Yeah. So, that's a that's a tip there. The markets are not correlated. Um, you're going to have a hard time. Definitely because you know those are ES and NQ are sisters and they should be you know one of them is always a little bit weaker and stronger and the NASDAQ will move faster and NASDAQ will typically take out those lows and highs cuz there's just more manipulation and it moves a lot quicker. But if they're not looking structurally similar in that fact then yeah that's what what's your what's your idea really based upon in that sense. Well, the third the third thing is obviously is the draw in liquidity.

42:09 Can you frame a draw in liquidity? Can you see where the market is likely heading to based on what we talked about on those structures? Equal highs. You know, we we're aiming that's a manipulation. We're aiming for those equal highs or some other buy side above or fair value gap above. Do you have an idea where the market's going to? If you don't, then it's best to sit back with some point. You know, you don't have a you don't have a trade. Please do not try to make something up on the 32nd. Oh, wow. I remember those days, you know. And yeah, so so that's that's what we're talk I'm going to talk about the drawn liquidity a little bit better there. And so equal highs or equal lows. Mhm. or like we were talking about

42:56 um an imbalance on a higher time frame. So like a 4hour FEG maybe or daily FEG. Um and then what I talked about before like those short-term lows with liquidity below liquidity still below. Yeah. Or short-term highs of um liquidity above. So that would look like um you have this FEG here and we got that high and that's a short-term low and it didn't fill this in yet. So that's potential liquidity target here or with highs uh short-term highs with a short-term high with liquidity above.

43:44 Yeah. uh short-term uh for the short-term high would be like um and then we took out some liquidity here and then we have a daily FIG above this short-term high. It only filled it in a little bit and now price is bullish. We just hit this other level and this is my liquidity target up here. That's I like those as well. Um but if you if everything is kind of difficult and you're wicking both ways, that's that's a clean obvious way that there's not really price action to go with. Exactly. So um yeah, so that leads me into the the next thing. Um number four actually. Yeah. Number four on the checklist is displacements, right? That we were

44:31 talking about before. We were Yes. Yeah. We want those energetic shifts. Um Yeah, we want those energetic shifts in structure where um highs are taken out with displacements. So this is like a FEG. It's a clear potential area for us to continue up higher versus us just kind of on the lower time frames just going to look like this. You know, it's wicking that and then reverting back into the range. Um so that's important to take note of. Um, and that also leads me to here is like our FG is being respected on the higher time frame. So, if this wasn't respected here on the higher time frame and it just kind of dips below and then and then it makes like a bearish one. Let's say it dips below that that hourly fair value gap. So,

45:20 I'll reraw that. And now we have a bearish FEG there. And some people call this like a BPR area, like a balanced price range area. Okay. And then so they might be looking for shorts, but oh we looked at overnight. Oh, we didn't even respect that either. Um that's showing that FGS are not respected and so that might be a difficult market because even on the higher time frame they're not being respected then why should they on the lower? Yeah, that makes sense. Yeah. Yeah. But it's a great checklist, you know, and I think it's important to be able to come to the market, you have your sort of plan. And even if you're not using the the concept that we've gone over today, it's still important to have a checklist that matches the conditions of your plan, right? So then that way you're answering these questions and you already know and it allows you

46:08 to do exactly what you you set out to do today in terms of identifying low probability to high probability dates. Yeah. Yeah, I think it's important to do that because otherwise if you come into the day and just freestyle, you don't really have a checklist and you're not really trying to identify if it's a good condition day or not, it's easy to kind of treat every day, as we talked about earlier, like just treat every day as a trading day, you know, and waste capital and mental energy on trades that just are not worth it. Exactly. If you're if you're like trading every day looking for a home run, then, you know, you're you're likely not going to find it because most of the times price is not trending. It's like I'd say like 30% of the time, 20 to 30% of the time price is trending and the other percent it's it's ranging. Um and so if you're going in every day looking for that home run, then um you're not going to find it most of the time. Um yeah,

46:56 exactly. And if you're if you're confused about price, basically what we say is like if you can't figure out the drawn liquidity, then you are the liquidity. That's a great thing to to remember. It is. Yeah. Uh so yeah, we can just go ahead into examples. I think you go on the charts. Yeah, you can see this there. Amazing. Let's take a break for a minute there, guys, cuz I want to tell you about our incredible partnership with propftrader.com. Majority of you out there are prop firm traders. You're using prop firms to leverage your trading skills to be able to get more capital and to be able to absolutely change your life. So, what's important to be able to find the right challenge for you with the best firms and most of all the best prices? And that is exactly what propfrader.com does. propertrader.coms allows you to compare prop firms, be able to find the best challenge suited to your trading style and get you the exclusive

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49:20 day. I I mean, I took this live on my live stream. This is a CPI day. You can literally see like this is 8:30 and this is the news release. So, you can tell even when you're back testing things that it's you can easily see without even checking that this is a news release day. Um, and this is the manipulation leg. And I waited for you can see before it's obviously this is accumulation pretty much what we just drew out. Yeah. Manipulation, right? And I waited for more confirmation here. I waited until it broke a swing low with a fair value gap. Um, this is pre-market still. So, this is after 9:30. And yeah, this is where I was able to trust the market structure because I man I managed to understand this is a manipulation leg. Yeah. And now I was able to see here, okay, we respect we're respecting these swing highs and then we broke this low with a fair value gap here.

50:10 I waited for a retracement here and I could have just shorted here. Um, but in that situation, I think what happened was there was a one minute FEG here and this is still on a discount of this leg, right? That's below 50%. Mhm. I would This is a nice premium one here actually. That would be actually beautiful to just You could have just went straight short here, trusted the stop up here. I personally just waited for um us to disrespect this one minute bullish fair value gap here um to invert it and then I just entered and I just I put my stop here because I believe that that was going to be we rebalanced to this fair value gap and I believe this was the next swing high forming. I took some profit here because that was uh over 2 and I waited until distribution down

51:04 here and I was able to take a lot of money from the market there. So I made about I think $2,600 there. Shorted here from $850 20,850 and I took the rest off at 750. So that was a 100 point trade on NASDAQ in 15 minutes. Yeah. In 15 minutes. That's those that's what I was saying. It's like the easiest trade to do because it it distributes the fastest. Yes. you you're never really in any kind of um emotional draw down as you're waiting for price if price is consolidating and you're it's the worst if you're in a break even trade and it hasn't moved. Yeah. Um those are the harder environments. But here I've But you can see if you go down as well. Yeah. If you go down on the the trade seller here. Yeah. As in scroll down. Yeah. If you scroll down here and then you go on

51:52 the charts and running P&L. Yeah. This is what we love to see. Oh, exactly. minimal draw down for like a minute or two and then straight into profit. It's incredible. Yeah, exactly. So, you're not really um you know holding your breath for a long time. No. Oh, yeah. So, that those are the best trades that work out for me as I notice, oh, I'm in I'm in profit like immediately, right? So, um for here, the entry the entries don't really matter nearly as much if you're in a um distribution mode. if whether you're going to go for that retracement above 50%. Or whether you're going to go for after an inversion or maybe another swing low gets taken out and you can get in. It doesn't really matter nearly as much as you know the direction and you know where to put your stop as long as it's a good RR. Um and you're you're good to hold for further targets,

52:39 right? So I took a little partial here at that new low day. Yeah. um after it broke it a little bit and then I took the rest off here and that was yeah that was that trade it was pretty easy like I said it's pretty much how we drew it out earlier which I love um and this was like quite the manipulation but you saw huge rel you that huge retracement and then it started breaking lows um you can recognize that and it's great how you waited for that displacement and waited for that low to get taken before entering cuz as you can see with just that one leg there where it ends up taking that high. Mhm. Imagine you tried to enter there instead. Yeah. Yeah. Exactly. With this I I typically I think right here was probably a divergence with ES where ES didn't take out this high which we talked about before where the divergence will work out. Um and personally I a

53:27 lot of times I like to wait after 945 um to enter. This was a beautiful one during the 950 to 1010 macro. Um pretty much a standard silver bullet entry. Um yeah. Yeah. basically. So, typically why I waited a little bit here was to just I wanted more confirmation and we kind of had these equal highs here and typically most of the time I'm actually waiting for after the first 15-minute uh candle to form a lot of the times. And you see that we did like kind of wick it. We still didn't take out this high here and we did break this low from that CPI surge higher and we broke pre-market lows and but this was pretty much indicative here. We didn't take out this high with a displacement there. week and then we completely dropped below this one. So yeah, this looked like a clean

54:14 manipulation to the upside is my point. Especially with the accumulation before as well. See, it's quite extensive. Yeah, exactly. So that's one example. Then we can just go to the next uh example is actually a bullish example. Nice. It's actually the next day I think. Yeah, this is this is the next day PPI. So that's another um 8:30 news release here. So here, you know, that day CPI did drop quite a bit and ended up taking out this uh daily low and into a daily FEG into a daily fair value gap. And we had this huge, like I said, this huge push down lower. Um, and we we started showing even before the New York opening session bullishness. So this is where I would look for potential retracement then to 50% of this leg. And if we go to the hourly, this is

55:02 an hourly um fair value gap in a premium. So here, let's just check that out. You can see again here, this is an obvious, this is the news release, this wick below all these lows here. Again, accumulation. And this is the day before, by the way. This is kind of ugly, especially well before. It's like um well actually the day before was that huge drop and then it hit that level and then the afternoon sess yeah the afternoon session started chopping Asia and London started chopping and then you see um right here this is on the one minute that's the 8:30 news release okay that's the 8:30 news release huge wick to the downside a lot of times yeah I'm thinking that's the manipulation

55:49 leg especially on those kinds of days where you're looking at the 9:30 open here and I actually had no idea what what we we were doing. I waited until up here to get involved in my longs because here I didn't really love you see all these wicks and there was no clean I want I I'll mark out a high here personally and I want to like I really like if FG lined up with it um there's no it broke this high anyway actually and there's no bullish fair gap for me to get involved here upside again after 10 a.m. Here we took out this low from this leg. We've manipulated here. Took out this low and I

56:35 knew that we I had more upside targets here on the hourly for the buy side. When I looked, you know, this is important. You're looking at hourly and like 4hour typically targets where if you want if you want large moves, right? Yeah. Right. If you want a large move, you're typically looking for that as your target. If you're looking at a 15-minute or a small time frame, that's fine, too. If you're entering on a smaller time frame, but how I like to line things up is 4hour or hourly point of interest for targets or even higher. Daily and weekly are where you really get those huge moves. But, um, for my entries, you know, the structure shifts on the 15minute and then entries on the one. Um, so you could actually see here we made a clean 15-minute fair value gap

57:20 there at 9:45 and then this is actually a huge thing right there. Yeah, we came back into this 15-minute fair value gap that displaced above this pre these pre-market highs and we wicked that and I anticipated, okay, that's manipulation and I'm going to get into I'm this inverted this little um one minute. You see that displacement? Yeah, that's a strong buy. Let me just see. Is there a a rectangle? Uh, normally it's scan box. Uh, where the brush is? Yeah. Down just there. Oh, perfect. Yeah, let me put that as a favorite. So, thank you. I was good. Okay. So, yeah. Oh, I love that purple. I'll put it as purple. Purple tra. Oh, yeah. So, that that was clean. That was a

58:09 15-minute sweep liquidity um retracement into that 15-minute fair value gap and the price looked super bullish and I anticipated that's manipulation. Um we had this little inversion here to look at there, this tiny inversion. So, I actually just entered at the closure of this candle or you could wait for that retracement into the one minute fair value gap created here and that was actually nice. And I really noticed here this these wicks were beautifully wicking and holding the upper component of this. And that again if we look down to that running P&L like how much draw down was I really in negative 100 right for one minute. Um and then here mostly upside right so that those are the easiest valid days. It's probably about 10 maybe less than 10

58:58 minutes $2,200. It's incredible you know or to the end maybe. Yeah. Exactly. Exactly. Yeah. Yeah. So, how many points was that from and and this was like uh not that points even mattered, the RR always matters, but but you could see there with your winners going being much larger. I mean, with with the with the loss being for such a small amount of time, you you already know you're on side when something like that happens. By the way, that's how I read price a lot of the time is like after I enter that's how you know you're in a um high probability environment actually is how long are you in draw down for only a tiny bit and a tiny bit of draw down it's more likely you're on the right side and actually gives you a lot more patience to hold to the full target of your trade because if you know that and you're noting that and you typically know

59:44 like you saw in the last trade also was like 15 minute trade I know my trades like that are typically 15 minutes long I'm not going to cut it at 3 minutes and there it barely moved or like even if I'm in slight profit at the five minute mark, right? Is that where like the reps and the data really helps to be confident? Yeah. Yeah. That's where I'm Yeah, exactly. Really noting that all the time like how long does a tight price typically take to go to my target in these easy liquidity run conditions. Um, and then noting, okay, and also in this environment, you know, once we leave this and we make a new high, then I can trail my stop to this low easily, you know, then I'm fine with that because that's a low resistance liquidity run environment in those like high probability conditions. It's going to respect that low that it just made before the swing high. I love the inclusion of the like the 15-minute fair value gap there as well in terms of like then

1:00:31 having another manipulation to continue higher. Yeah, it just shows the layers because it's not

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