Core Month 04 02 Reinforcing Liquidity Concepts & Price Delivery - newsqlguru/ict-index GitHub Wiki

ICT Mentorship Core Content - Month 04 - Reinforcing Liquidity Concepts & Price Delivery

ERL
- The current trading range will have BSL above the range or high.
- The current trading range will have SSL below the range or low.
- ROL, seek to pair orders with pending order liquidity, liquidity pools.
- ERL ROLs can be low resistance or high resistance in nature.
- As traders we want low resistance liquidity runs.
IRL
- When current trading range is likely to remain, liquidity voids will fill in, GR.
- When current trading range is likely to remain, fair value gaps will fill in, GR.
- Gap risk is when the market quickly reprices to a level where there was little to no trading.
- Usually when the market creates a large one direction candle, the market will quickly reprice back into the gap created to fill in the gap, many traders are stopped out by this.
- Orderblocks inside the trading range will be populated with new Buy & Sell orders.
- Market Makers Buy & Sell Models will form inside trading ranges.
Mark High/Low/Equilibrium of range.
Where is price likely to trade to?
Where will price retrace to or be drawn to, where is the liquidity or voids/gaps?
Start with HTF chart and work down to LTF
- Use range, liquidity, order flow, and gaps/voids to understand where price is drawn to.
- Drill down, to find opportunities that align with HTF.
- How does price respond when it provides a new range?
- Does it seek liquidity at an older larger range level?
- Is order flow showing support for price to take the older range high/low.