VIDEO
HIGHLIGHT
Log InSign up
Candle Range Theory (CRT) | Being Profitable is Easy | PT. 2 - ICT Concepts
SummaryTranscriptChat

Candle Range Theory (CRT) | Being Profitable is Easy | PT. 2 - ICT Concepts

Candle Range Theory Part Two: Full Guide

Introduction to Candle Range Theory

  • The speaker introduces the video as a continuation of the Candle Range Theory (CRT), emphasizing its practical application in trading, particularly with NQ and Forex.
  • The speaker encourages viewers to have completed their homework on CRT and total sou theory before diving into live examples.

Common Mistakes in Trading

  • Highlights common errors traders make, such as buying at random price ranges without understanding market structure.
  • Discusses the importance of distinguishing between "dumb money" order blocks and "smart money" order blocks, stressing that order blocks are only valid post-turtle soup.

Understanding Fair Value Gaps

  • Defines fair value gaps as the range between a candlestick's high and an order block, explaining their significance in liquidity.
  • Emphasizes that liquidity flows towards fair value gaps, which are essentially linked to liquidity pools.

Advanced Turtle Soup Concepts

  • Introduces deeper insights into turtle soup strategies aimed at increasing win rates and risk-reward ratios (RR).
  • Shares a success story of a friend who became profitable within three months using these strategies.

Entry Strategies for Higher Time Frame Rewards

  • Explains how to frame lower time frame risks to target higher time frame rewards by waiting for specific market conditions.
  • Describes entering trades based on candle patterns while considering both lower and higher time frames for optimal results.

Time-Based Trading Considerations

  • Stresses the importance of timing in trading, noting that certain times are more prone to manipulation than others.
  • Discusses phases of accumulation followed by manipulation, highlighting key times when these occur.

Bias vs. Narrative in Trading

  • Differentiates between bias (short-term expectations for price movement) and narrative (long-term trends).
  • Provides an example illustrating how daily biases can conflict with weekly narratives.

Practical Examples of Turtle Soup Application

  • Walkthrough of a Bitcoin trading example from June showing accumulation followed by manipulation and distribution phases.
  • Analyzes lower time frame movements within higher time frame contexts to identify potential entry points.

Market Profiles and Order Flow Analysis

  • Discusses bullish market profiles indicating strong institutional order flow while analyzing previous day’s ranges.
  • Explains how micro CRT confirmations help validate higher time frame directional biases before executing trades.

Conclusion & Future Content Plans

  • The speaker wraps up with plans for future content focusing on draws and liquidity concepts while encouraging viewer engagement through suggestions.
Video description

I NO LONGER TRADE CRT. DO NOT JOIN INACTIVE BREADWINNERS CLUB 0:00 - Intro 0:32 - Common ICT Traders Mistake 1:47 - Introduction - Deeper understanding to CRT 3:25 - What a high probability setup looks like. 4:52 - How to frame LTF Risk for HTF Reward 7:18 - PO3 and Time and Correct Times to use. 10:20 - What HTF - LTF turtle soup looks like (EXAMPLE) 12:38 - LIVE CHART EXAMPLE 16:05 - HTF CRT - LTF CRT Execution example 19:03 - Last Live example (CHART ANALYSIS) 26:10 - Outro ------------------------------------------------------------------------------------------------------------------------------------------------------------------ - 1 on 1s - Free Live Executions with the active community :) - All my private videos not on YT (FREE)