Deep Dive Change In State Of Delivery - newsqlguru/ict-index GitHub Wiki

Deep Dive Change In State Of Delivery

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    • repo:damien-johnston/ict-index "Change in the State of Delivery"

  • 2022 ICT Mentorship Episode 3

    • https://www.youtube.com/watch?v=nQfHZ2DEJ8c&t=1507s

      • CISOD, is an Order Block.

        • Order blocks are defined as follows:

      • Liquidity Raided Prior to OB creation

      • Make note OB Open price, it is a data point for the algo.

      • When price trades past OB Open price

        • Price creates and inefficiency in Price Delivery (FVG as part of Displacement)

      • A MSS has been created

      • The OB is created and validated.

      • OBs are High frequency, high probability, high power trade element.

      • What is an order block in detail.

        • The market is being offered in one direction, then trades in the opposing direction past the open price of the OB.

        • Creating a CISOD.

        • The algo uses OB open price as a reference point.

        • The algo recognizes the change in the state of delivery and switches program of offered price delivery.

          • When the algo is in the buy program is is seeking (attacking) Buy Stops and offering buy side liquidity.

          • When the algo is in the sell program is is seeking (attacking) Sell Stops and offering sell side liquidity.

    • https://www.youtube.com/watch?v=nQfHZ2DEJ8c&t=1879

      • Once a CISOD occurs the algo will change programs.

      • When offering sell side, this means the algo is going to match up sell stops, it is going to keep going below old lows and repricing imbalances until we get down into a discount.

      • When offering buy side, this means the algo is going to match up buy stops, it is going to keep going above old highs and repricing imbalances until we get up into a premium.

      • Keep charts clean to see what the market is doing, clutter will skew your view of the market PA.

    • How do we use the CISOD concept?

    • https://youtu.be/nQfHZ2DEJ8c?t=1963

      • Look for session high and low in London Open 02:00-05:00

      • Look for session high and low in NY Session 07:00-10:00

      • Look for session high and low in Asian Range 19:00-21:00

      • Any intraday high or low forming right before 09:30

      • These are important times for highs/lows because the market will likely sweep above or below these levels and create larger moves.

      • The liquidity raid, sweep, is the start of the CISOD, trading past the OB open is the validation, once it has occurred the the algo changes programs and offers the opposing side and seeks the opposing liquidity creating the larger move.

      • Hours of Operation are 08:30-11:00 can extend to 12:00.

      • Wait for 13:00-13:30 to 16:00 for afternoon trend.

      • 14:00 - 15:00 afternoon setup.

  • February 15, 2023 ES Session Review

    • https://www.youtube.com/watch?v=SSWN6YSVyFY&t=1390

      • NWOG or NDOG are magnets for algo

      • An OB is not the candle, nothing to do with candle(s)

      • CISOD

        • Once the OB is validated buy CISOD, and the algo has changed programs, and an FVG has been created we note the Open price of the OB.

        • We wait for price to trade into the FVG and take a trade whe it does.

        • We allow for price to trade up to the OB open and add to our trade position.

          • If we hold for the OB, sometimes the FVG will be respected and we will miss the move.

          • Don't demand perfection.

        • After price trades away we can wait for it to retrace back to the FVG for an IOFED and add more to position.

        • Hold through the 08:30 news driver and exit in the volatility created by the driver event.

        • We exit at news driver when our analysis shows the market will be choppy.