ICT Forex Review January 09, 2023

all right folks welcome back this is a

short little video on Forex I promise

not to keep you too long

we are looking at the daily chart of the

dollar Index and I shared some charts on

Twitter and give you some levels and

that's what we had

and you can see we did in fact trade

down into the cell solid liquidity

into our

value Gap in the form of a buy side

imbalance outside an efficiency busy

so that's where our levels are

everything will be linked to this Logic

on the daily chart

hourly chart here you can see

opening price

on this candle here for the 9th of

September 2023

South Side liquidity pool relatively

cool lows

the Market's going to open rally up

sell off down into our fair value Gap on

the daily chart

all right on the 15 minute time frame

you can see Buy South Dakota here South

Side liquidity here during a London

session Okay so

midnight opening candle right there

opening price extended through if we're

bearish we're looking for lower prices

that mean it is a risk on scenario and

dollar if it rallies it will take out

buy side or trade it into an

inefficiency

in the form of sibi or favorite you got

the market trades above takes out by

sell liquidity attacks the cell solid

liquidity here New York open Killzone

which is seven o'clock to nine o'clock

in the morning New York local time

you can see we had a

drop in here we'll take a better look at

that when we get into the five minute

chart next

we had a really nice city here so

outside of balance by side and

efficiency notice that this line here is

that old

relatively cool low on the daily chart

then we have it here as well the

retracement does not come back up to the

Daily old lows and does not come back up

to the old lows here so support and

resistance this is why I don't like it

it fails but if you take my sibi so it's

on a bounce bison efficiency

here it trades up to consequent

encroachment which is the midpoint of

that okay this is a gap And Trades up

into that fails to make a return to Old

daily lows and old

equal lows over here so this is where

you would expect the algorithm to kick

in it does sells off trades into the

daily pair that you got

one

dollar Index and it closes the session

making the low of the day but when you

know it right at the end at noon London

close Killzone

five minute chart

here's that New York open Kill Zone

starts the day here breaks down

from high to low short term shift in

Market structure so everybody got what

is that folks that is your model

from the 2022 internship right here on

this YouTube channel

shortened here

stop Above This High here

let it rip

equal lows to daily sell solid coded

pool which is this level here and then

the fair value gap down here and where

does it turn again at noon exactly how I

teach you in the core content and on

this channel

moving on over to Euro dollars our daily

chart here these are the levels I gave

you on Twitter if you're following Along

on there I suggest you do that because

otherwise these videos are going to seem

a little disjointed so we have bicycle

here an old high back here we're looking

for that as well and a

Fair Aid Gap

right here it's

traded up into it and then we

Consolidated intraday and rallied up

into our Buy sell the coded pool there

here is the hourly chart

you can see

our order block here

on the eighth

they drop down into that

rallies away

that's the extent of what we're going to

refer to it over here so prior to all

this consolidation this down closed

candle the opening price extend that

through

you can see the market starts to respect

that irelia

more specifically on the 15 minute time

frame you're a dollar head a cell solid

coating pool here but if you had this

one not this one don't be discouraged

because either one's correct but I like

this one because my eye jumps right to

these levels where candles get real

close to being equal whether it be the

highs or the lows my eye just goes right

there over time training with me you'll

you'll adopt that same skill set and

it'll just be like second nature

so the market drops down in London open

rallies back up takes out buy side

expands

small little retracement in and rallies

up creating the high up here

if you look at it on a five minute chart

we have the London open Killzone

two o'clock to five o'clock in the

morning New York local time

South Side taken

rallies up into 7 A.M beginning of New

York open kill Zoom okay that's this

little rectangle here highlights exactly

when I'm looking for a setup to form in

4X for the New York session between this

period here and here is what I'm looking

for a setup in London open

and this is what I'm expecting the day

to be completed

okay so the daily range high or low

should be forming if it's going to be a

trending day if it's bullish generally

between 10 o'clock and noon look New

York local time is going to create the

opposite end of the range so if we're

looking for the load form in London

which is exactly how I teach you on this

channel here's your load of the day for

me if we're bearish on dollar it means

we're bullish on euro dollar we run up

small little alignment balance in here

trades down into that with a bullish

order block right there rallies retraces

back down into order block as well

ramps up through buy silicone and this

little exclamation point is for me to

remind you that if you take your

Fibonacci anchor it to this low up to

this high and use a 1.5

standard deviation

okay how do you do that on your FIB is

go to your FIB settings

and put in 1.5

and then when you drop this on

this

price one here you'll get exactly the

closing prices in here

you won't get the Wicks but you'll get

the closing prices and time so we have

time which is letting close

10 o'clock to noon New York local time

and then price which is this fulcrum

point when price runs through that we

don't know if it's going to go up there

yet until it takes out this high

and when it does

we can start doing standard projections

on our Fibonacci which is going to be

standard deviation one 1.5 to 2.5 3 3.5

and so on until it would meet a Time

window like The Kill Zone here so I want

you to study how the loaded they was

formed in London open Kill Zone as I

teach the continuation in New York open

Kill Zone

and then the high of the day is forming

in London close and your homework

assignment is to get to that

closing price rate here in the opening

price with your fit between this low

and that high measuring that and your

projections will take you right up into

that right there

and that's gonna be it for today I'll

touch base with you later in the week it

won't be every day as I mentioned I'm

doing a slow roll out with the 4X but we

will be daily every day starting on

February 7th until next time

be safe