Core Month 04 03 04 Reclaimed ICT Orderblock - newsqlguru/ict-index GitHub Wiki
ICT Mentorship Core Content - Month 04 - Reclaimed ICT Orderblock
Key Terms
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Reclaimed Order Blocks
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Market Maker Buy Model (MMBM)
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Price Swing that drops down lower into a "support" level, in the form of intermediate or longer term Point of Reference, order block, old low, old high lower than current price, etc...
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The market is moving lower to go higher.
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MMBM is a down move lower that will trade higher than the start of the move.
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Market Maker Sell Model (MMSM)
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Price Swing that rises up into a "resistance" level, in the form of intermediate or longer term Point of Reference, order block, old high, old low higher than current price, etc...
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The market is moving higher to go lower.
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MMSM is a up move higher that will trade lower than the start of the move.
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Sell Side of Curve, price move lower to support point of interest.
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Buy Side of Curve, price move higher to resistance point of interest.
Content
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We may have anticipated the move lower to go short.
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We can also watch for the low, if we missed the short move, and watch for specific levels for reclaimed orderblocks, on the buy side of the curve
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Sell Side Curve during MMBM
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During the Sell Side Curve, Market Makers will scale in early, due to position size, in the form of hedging.
- We will see small transactions that cause the market to move lower.
- Every time we see a bounce in price action, the is minor displacement showing there is new Accumulation taking place.
- SM is taking new Long positions.
- The lower level of support is the origin of the impulse price swing.
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We will watch the Bullish OBs on the Sell Side of the Curve.
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During the Buy Side Curve of MMBM, every level of buying on the sell side will be matched up with additional Long entries. Resulting in price moving higher.
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Bullish Reclaimed Block
- Ideal Setup
- In Major to Intermediate Term Uptrends
- Bullish Reclaimed Block is a candle or bar that was previously used to Buy Price and a short term bounce confirms minor displacement. In the Buy Side Of the Curve these "old" blocks will be reclaimed Longs.
- We can use them as Long trade entries.
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Bearish Reclaimed Block
- Ideal Setup
- In Major to Intermediate Term Downtrends
- Bearish Reclaimed Block is a candle or bar that was previously used to Sell Price and a short term drop confirms minor displacement. In the Sell Side Of the Curve these "old" blocks will be reclaimed Shorts.
- We can use them as short trade entries.
Notes
- Find 10 occurrences in past price action and log them in your trade journal.
- Extra credit if found on multiple time frames.