What Is BIAS? In SMC/ICT | HINDI | BANKNIFTY| LECTURE~9

Name: What Is BIAS? In SMC/ICT | HINDI | BANKNIFTY| LECTURE~9
Uploaded: 2024-04-21T13:21:38.000Z
Duration: 4 h 36 min 53 s

Understanding Bias in Trading

Introduction to Bias

The speaker introduces the topic of bias, emphasizing its significance in understanding market direction and trading decisions.

An example is provided where a trader receives advice from a friend about buying Bank Nifty, illustrating how trust influences trading based on perceived bias.

Importance of Recognizing Bias

The speaker explains that bias indicates the expected direction of the market and can predict future movements over various time frames.

Mastering bias is crucial for improving trading skills and accuracy, as it helps traders identify opportunities aligned with market trends.

Components of Bias

The discussion highlights three main components that form bias: Time and Price Theory, Daily Bias, and Dealing Range.

A deeper exploration into these components will be conducted to provide comprehensive knowledge about identifying biases effectively.

Learning Framework

The session will cover Time and Price Theory first, followed by Daily Bias and Dealing Range to build a structured understanding of how to analyze market conditions.

Emphasis is placed on combining these elements to accurately determine actual biases in trading scenarios.

Common Pitfalls in Understanding Bias

Many traders misinterpret biases due to incomplete knowledge or reliance on superficial learning resources, leading to frequent mistakes.

The speaker aims to provide thorough insights into why temporary biases change and how they affect trading outcomes.

Time and Price Theory Explained

Significance of Time Frames

Understanding how different time frames (daily, weekly, monthly) impact price action is essential for effective trading strategies.

Traders are encouraged to focus on lower time frames while analyzing patterns within daily candles rather than getting distracted by higher time frames.

Practical Application of Analysis

When observing patterns across different time frames, traders can better identify potential biases that inform their trades.

Understanding Trading Patterns Across Time Frames

The Importance of Time Frame in Trading

When transitioning from lower to higher time frames, traders often misinterpret market direction, leading to failed trades and loss of trust in their strategies.

Many traders struggle to accept that their methods may be flawed due to a lack of guidance on proper trading practices across different time frames.

Key Patterns in Daily Candles

In daily, weekly, or monthly candles, two distinct patterns emerge based on market sentiment; understanding these can significantly alter trading skills and styles.

For bearish days influenced by negative news (e.g., geopolitical events), the daily candle pattern typically shows an open price followed by a temporary high before moving downward.

Analyzing Weekly and Monthly Trends

A typical weekly candle opens at the start of the week, creates a high mid-week, then trends downwards for most of the week before closing with a slight pullback on Friday.

Similar patterns are observed in monthly candles where initial upward movement is followed by a bearish trend throughout the month.

Recognizing Market Sentiment Shifts

Positive economic data can lead to different patterns where prices open low but create fake momentum before establishing real momentum upwards.

This pattern—open-low-high-close—can be seen across daily, weekly, and monthly time frames when analyzing charts.

Practical Application of Candle Patterns

Observing recent bullish trends helps identify how prices behave after opening; recognizing these patterns aids in predicting future movements.

Traders should focus on identifying open-high-low-close sequences as they provide insights into market behavior during both bullish and bearish days.

Conclusion: Mastering Price Action Patterns

Understanding that price action consistently follows certain patterns is crucial for developing effective trading strategies.

Understanding Candle Expansion and Price Action

Candle Formation and Liquidity

The first candle has already created liquidity, indicating that expansion is expected in the fourth candle formation. Further details on this will be discussed later.

Expansion occurs when a part of the price action has already tapped into liquidity, suggesting that an expansion can be anticipated due to the new month opening.

Monthly Price Action Insights

The end of the previous month saw a Point of Interest (POI) tap at an order block, which indicates significant price movement as it closed on February 29th.

Understanding how expansion forms is crucial; it relates to open-high-low-close patterns and their connection to market behavior.

Time and Price Theory

A theory connecting time and price is essential for identifying biases in trading. This involves analyzing three time frames: monthly (macro), weekly (intermediate), and daily (short-term).

The importance of transitioning from monthly to daily analysis will be illustrated through chart examples, emphasizing why this theory is vital for bias identification.

Trading Rules Based on Price Action

When bullish price action is observed, buy below the opening of the monthly candle and sell at its high. This strategy applies across different time frames.

Conversely, if bearish price action is present, sell above the opening of the monthly candle while booking profits at lower levels.

Execution Strategies in Different Time Frames

Traders should look for selling trades during bearish conditions or buying trades during bullish conditions within specified zones over various time frames.

Temporary biases may shift short-term trends; understanding these shifts helps traders identify actual entry points effectively.

Recap of Key Trading Principles

Reiterating rules: Buy below bullish openings and sell above bearish openings are fundamental strategies for effective trading execution.

Understanding Market Dynamics and Trading Strategies

Key Concepts in Monthly Candle Analysis

The speaker discusses the emergence of a "fair value gap" as a critical level for trading, indicating that they will wait for price action to tap this level.

Monthly candles exhibit fluctuating patterns (up and down movements), attributed to the limited trading days within a month, which typically consist of 22 active trading days.

The market operates on a fractal nature; thus, if the price action is bullish, traders should look for buying opportunities below the opening of the next month's candle.

Analyzing Price Action and Entry Points

The speaker emphasizes finding buying positions based on where the next month's opening occurs, suggesting careful observation of lower time frames for verification.

They plan to conduct their analysis on lower time frames after identifying key points from monthly candles, indicating readiness to buy low and sell high based on established reasons.

Displacement and Target Setting

A fair value gap has already been tapped, leading to displacement; this suggests potential upward movement after tapping into lower levels before entering trades.

The speaker highlights using fractal nature principles while waiting for specific price levels to be tapped before making entry decisions.

Weekly Time Frame Considerations

Transitioning to weekly analysis, they note that November's start does not necessarily align with new weekly openings due to ongoing trends from previous weeks.

Emphasizing bullish price action rules: buy below the opening candle if bullish or sell above it if bearish. This strategy applies across different institutional levels.

Daily Candle Insights

On November 1st, when markets opened, significant lows were established; understanding these lows helps in analyzing monthly candle formations effectively.

The October monthly candle's formation is discussed in detail—highlighting how it closed after creating highs and lows during its cycle.

Market Analysis and Trading Strategies

Understanding Momentum Shifts

The price tapped into an upward momentum on November 1st, indicating a significant displacement before the new month began. This suggests that market conditions were favorable for bullish trends.

As the new month started, traders should identify lower time frame entry points to capitalize on this bullish sentiment, particularly focusing on areas with volume imbalances.

Entry Points and Market Dynamics

A clear entry point was established on November 1st, leading to expectations of a gap-up opening on November 2nd due to the absence of put options (PE) that could disrupt upward movement.

The daily candle analysis revealed liquidity patterns that confirmed temporary trades suitable for intraday strategies, emphasizing the importance of timing in trading decisions.

Identifying Gaps and Liquidity

Traders should focus on gap imbalances as critical indicators for potential buying opportunities; these gaps serve as last lines of defense where traders can position themselves effectively.

Observations indicated that significant liquidity had been absorbed by previous price movements, suggesting further upward targets based on existing market structures. This highlights the need for continuous monitoring of liquidity levels during trading sessions.

Risk Management in Trading

Caution is advised when engaging in trades around unfilled gaps; while they present opportunities, they also carry risks associated with smaller target ranges and larger stop-loss requirements. Thus, careful risk assessment is crucial before executing trades based on these signals.

The overall target remains focused despite potential shocks from unexpected market movements; understanding mitigation blocks can help traders navigate through volatility effectively.

Final Thoughts on Trade Execution

Trading Insights and Strategies

Understanding Market Predictions

The speaker discusses a trading entry where the clean high was equal to the previous high, indicating liquidity gaps. They emphasize understanding market predictions after observing trends over a month.

A bullish prediction for the next month is made, suggesting that any selling should be viewed as a buying opportunity. The importance of focusing on buying rather than selling is highlighted.

Price Movements and Liquidity

The speaker explains how price movements can indicate trading opportunities, particularly when prices drop. They mention an order block from which displacement occurred.

Different types of blocks are introduced: breaker blocks and mitigation blocks, which relate to grabbing sell-side and buy-side liquidity in trading strategies.

Analyzing Breaker Blocks

The concept of overlapping breaker blocks is discussed, emphasizing their strength in creating significant price reactions. This overlap indicates strong potential for upward movement.

The presence of double PDR (Price Delivery Range) within these blocks suggests robust trading signals, reinforcing the need to analyze multiple factors before making trades.

Trading Strategy Execution

As prices move upwards, the speaker expresses disinterest in selling, viewing it instead as an opportunity for buying based on prior bullish predictions.

They note that if certain price levels are reached during opening hours (e.g., 915), they will take immediate action based on expected reactions from those levels.

Momentum and Market Traps

A momentum of approximately 37 points is captured throughout the day due to accurate predictions about market behavior at specific levels during opening hours.

Observations are made about traders being trapped by gap-down openings leading them into selling positions while others anticipated bullish movements correctly.

Risk Management in Trading

The discussion shifts towards risk management strategies within trades, highlighting that only one order block exists for potential trades within a given range.

Emphasis is placed on identifying lower time frame displacements to determine whether significant players have entered the market before executing trades.

Common Pitfalls in Trading Knowledge

Traders often fall into traps due to lack of knowledge or understanding of market dynamics; this leads to failed trades despite having set stop losses and targets effectively.

Understanding Market Dynamics and Trading Strategies

Importance of Validating Information

Always question the accuracy of what you observe or learn in trading. If you're failing, it may be due to a lack of understanding rather than external factors.

Temporary Pullbacks and Market Behavior

Recognize that lower time frames often experience temporary pullbacks, which can significantly impact trading decisions. A notable example was an 800-point drop during a live stream trade recommendation.

Analyzing Time Frames for Better Insights

Transitioning to daily time frames reveals critical order blocks that indicate potential temporary pullbacks, essential for understanding market liquidity and price movements.

Liquidity and Fueling Price Movements

Just as a vehicle needs fuel for long journeys, markets require liquidity at various levels to sustain upward movements; this is crucial when analyzing biases over different time frames.

Daily vs Weekly Displacement Analysis

Understand that displacement varies across time frames: daily displacements are influenced by daily trends while weekly displacements reflect broader market movements. This knowledge aids in making informed trading decisions.

Volume Balance and Order Blocks

The interaction between volume balance and order blocks on different time frames can dictate price action; recognizing these patterns helps traders anticipate market behavior effectively.

Avoiding Overreliance on Single Time Frames

Do not solely rely on monthly time frames; incorporate insights from daily and weekly analyses to capture comprehensive market dynamics, ensuring better decision-making in trades.

Identifying Trade Opportunities Amidst Corrections

When corrections occur, assess the entire lag in price movement to identify potential buying opportunities while being aware of overall weekly trends indicating upward momentum despite short-term fluctuations.

Planning Entries Based on Volume Balance

Focus on areas where volume balance aligns with order blocks for entry points; this strategic approach enhances the likelihood of successful trades amidst market volatility.

Monitoring Rejections During Trades

Trading Insights and Strategies

Analyzing Market Movements

The speaker discusses the removal of certain indicators due to a lack of support from candles, indicating a direct break in market behavior.

Emphasizes that there is no price interest below a specific point, suggesting this is a hardcore trade opportunity with significant liquidity resting above.

Mentions setting the first target based on liquidity within Forex trading, highlighting the importance of displacement in planning trades.

Target Setting and Trade Planning

The overall target is clarified as being around a specific level without daily hurdles, indicating confidence in reaching this target.

Discusses maintaining buying positions while observing upward movement and emphasizes the need for careful analysis of market structure shifts.

Monthly Targets and Market Structure

The monthly targets are confirmed as achieved, with an explanation of how price movements relate to order blocks and temporary pullbacks.

Highlights the significance of volume balance in understanding price actions during weekly assessments.

Trading Strategy Adjustments

The speaker reflects on their calm approach as a Forex trader amidst various currency pairs, noting flexibility in trading strategies.

Discusses potential adjustments to trading plans as new months begin, emphasizing ongoing analysis for effective decision-making.

Key Takeaways on Trading Psychology

Encourages traders to identify parts of the market where they can plan buying opportunities based on volume imbalances.

Experience in Trading: A Key Differentiator

The Importance of Experience

The speaker emphasizes that experience is crucial for successful trading, contrasting those who trade with those who do not. Experienced traders possess valuable knowledge and skills.

Funded Trader Insights

The speaker discusses their role as a funded trader at a prop firm, highlighting the necessity to prove one's skills to receive funding. They mention managing a million-dollar fund and the challenges faced when services were temporarily halted.

Continuous Learning and Adaptation

After facing challenges, the speaker engaged with multiple companies to continue trading, successfully passing three accounts back-to-back, indicating resilience and adaptability in their approach.

Challenges in Forex Trading

The speaker notes that forex trading is not easy; 99% of traders fail at prop firms. Their consistent success suggests they have developed effective strategies that set them apart from others.

Reality Check on Trading Success

The importance of questioning one’s beliefs about trading success is highlighted. Blind faith without understanding can lead to failure; thus, critical thinking is essential.

Personal Responsibility and Growth

Balancing Family and Trading

The speaker shares personal struggles regarding family responsibilities while pursuing trading. They stress the need for continuous learning despite challenges faced in content creation.

Commitment to Improvement

Acknowledging ongoing learning, the speaker expresses commitment to improving their skills as a professional trader while balancing family obligations.

Market Analysis Techniques

Understanding Market Structure

On analyzing market behavior, the speaker describes how price movements relate to previous liquidity levels and how these insights inform their trading decisions.

Trade Execution Strategy

Discussing specific trades, the speaker explains how they utilize market structure shifts for executing trades effectively based on liquidity grabs observed during analysis.

Reflections on Trading Practices

Focus on Personal Trading

Currently prioritizing personal trading over providing premium services or updates due to family commitments. This shift reflects a focus on self-improvement rather than external validation.

Observations on Price Movements

Understanding External and Internal Liquidity

Momentum and Liquidity Grabs

The concept of "external liquidity grab" is introduced, indicating a moment when market momentum shifts. This is followed by an "internal liquidity" phase, which is described as an advanced entry point.

A specific example is given where a breaker block overlaps with volume balance, leading to price tapping into this area and generating upward momentum.

Analyzing Price Action

Discussion on the start of a new trading cycle, highlighting the potential for a strong entry point based on observed price action.

Emphasis on analyzing monthly candle openings and volume taps to identify significant trading opportunities.

Advanced Order Blocks

Introduction of the term "advanced order block," suggesting that certain blocks are critical for understanding price movements.

Mention of a weekly bias indicating upward movement after price taps into specific patterns like the unicorn setup.

Identifying Trading Patterns

Market Sentiment Analysis

Observations about retail players' lack of interest in upward movement suggest caution in entering trades at this time.

Importance of identifying key parts in the market where buying opportunities may arise, particularly at the end of significant trends.

Monthly Volume Balance

The speaker discusses how current prices are spending time around key levels, indicating potential traps for traders who might be misled by short-term movements.

Setting Up Trade Strategies

Trade Setup Considerations

A detailed trade setup is outlined based on monthly volume balance and liquidity points. The absence of Points of Interest (POI) below suggests strategic buying opportunities.

Long-Term Perspective

The discussion highlights patience in trading strategies, emphasizing that significant moves can yield substantial rewards over time despite slow progress.

Liquidity Generation and Market Dynamics

Understanding Market Movements

Explanation of how liquidity generation occurs through trader behavior around trend lines, impacting overall market direction.

Strategic Mindset for Traders

Encouragement to maintain confidence during slow-moving trades while recognizing that larger momentum shifts can lead to life-changing profits.

Daily Bias and Dealing Ranges

Learning Daily Biases

Transitioning into daily biases helps traders understand their positions better within broader market contexts.

Utilizing Dealing Ranges

Introduction to dealing ranges as powerful tools for predicting future market movements over weeks or months.

Understanding Daily Biases in Market Analysis

Types of Daily Biases

The discussion begins with an overview of three types of daily biases:

FG (Fair Value Gap): Includes gap imbalance, volume imbalance, or normal FG.

Block: Encompasses various order blocks such as mitigation blocks, rejection blocks, and breaker blocks.

Liquidity: Involves previous day high/low and weekly high/low liquidity.

Analyzing Market Movements

The speaker emphasizes the importance of understanding these biases to predict market direction for the next day, week, or month.

A practical example is provided using specific dates (April 20 and April 21), illustrating how the current day's low can impact future price movements.

Predicting Future Price Action

On April 22, it is anticipated that the market will target the high from April 21 after grabbing liquidity from April 20's low.

The analysis suggests a clear upward bias based on previous price actions and liquidity grabs.

Current Market Scenario

The speaker discusses a recent Friday's market behavior where Tuesday's liquidity was grabbed leading to an expected gap up opening on Monday.

If there’s a flat opening instead of a gap up, it may still lead to upward movement targeting previous highs.

Examples of Liquidity Grabs

Further examples illustrate how candles interact with previous day lows and how this interaction informs expectations for subsequent days' openings.

Emphasis is placed on recognizing patterns in price action that indicate potential gaps or flat openings.

Identifying Entry Points

The speaker identifies specific entry points based on liquidity grabs and breaker blocks observed in lower time frames.

It’s noted that understanding these dynamics helps traders anticipate market direction effectively.

Recognizing Momentum Shifts

Discussion includes how initial momentum can mislead traders into false positions before actual trends emerge.

An example illustrates how liquidity grabs can signal upcoming bullish movements despite initial downward pressure.

Conclusion on Market Dynamics

The session concludes by reiterating the significance of analyzing past price actions to forecast future movements accurately.

Market Analysis and Trading Strategy Insights

Identifying Entry Points in the Market

The market opened at 9:15 AM, highlighting a specific order block as a potential entry point for trading. The speaker plans to enter from this defined order block with a stop loss set at the previous day's low and targets based on liquidity.

Confirmation of Trade Setup

After tapping into the identified order block, there was a rejection that served as confirmation for an upward price movement.

Target Achievement and Market Momentum

The first target was achieved after hitting a swing high, indicating successful liquidity grab. The market continued downward momentum afterward, suggesting further selling activity.

Liquidity Grabs and Price Action

A clean high was established, confirming liquidity grab. Observations were made regarding daily time frames where liquidity was effectively captured.

Understanding Downside Movement

Despite ongoing upward movement, there is an analysis of why the market isn't hunting for downside opportunities. Minor differences in points are noted but not significant enough to indicate a reversal.

Dealing Ranges and Market Bias

Discussion on dealing ranges clarifies that while biases have been marked, minor discrepancies can lead to missed liquidity grabs.

Gap Openings and Missed Opportunities

An explanation of gap down openings reveals why certain liquidity levels remain unaddressed due to overlooking dealing ranges.

Recognizing Order Blocks

Emphasis on identifying order blocks indicates that overall bias remains bullish; thus, trades should align with this direction for higher probability outcomes.

Closing Dynamics Post-Liquidity Grab

After grabbing liquidity from highs, the market closed downward which suggests certainty about gap down openings ahead.

Expansion Movements in Price Action

It’s highlighted that while gaps down are expected, not all parts will be grabbed due to weaker opposing biases during upward trends.

Next Day Expectations Based on Current Trends

Anticipation of price action indicates potential returns after tapping into lower timeframe points of interest (POIs).

Understanding Market Bias and Liquidity Grabs

Overview of Market Behavior

The discussion begins with the concept of market bias, specifically focusing on how to identify whether the market will trend downwards based on previous candle closures.

It is explained that if a candle from April 21st captures liquidity from the high of April 20th and then closes downwards, it indicates a potential downward movement in the market for April 22nd.

The speaker emphasizes that understanding previous day lows and highs is crucial for predicting market behavior; if liquidity from these points is grabbed, it influences future price movements.

Analyzing Previous Day's High and Low

A detailed analysis of how grabbing liquidity from previous highs can lead to a downward bias in prices is presented. This involves observing how candles interact with these levels.

The importance of recognizing swing points where price attempts to tap into lower liquidity areas after reaching higher levels is highlighted as essential for traders.

The speaker notes that when prices close below certain levels after grabbing liquidity, it sets up expectations for further downward movement.

Implications of Candle Closures

There’s an emphasis on understanding whether a candle closes above or below significant liquidity points; this closure impacts subsequent trading days' biases significantly.

If a candle closes below previously established liquidities without reclaiming them, it suggests continued bearish sentiment in the following sessions.

Continuation Patterns and Market Dynamics

Discussion shifts to continuation patterns; if candles show closing behaviors consistent with prior trends, they reinforce existing biases rather than reversing them.

Observations are made about recent trading days where price actions have consistently grabbed liquidity before closing lower, indicating ongoing bearish pressure.

Volume Imbalance and Price Movements

The role of volume imbalance in determining market momentum is discussed. A balance in volume can signal potential targets being met before price adjustments occur.

It’s noted that once targets are achieved through upward movements, subsequent reactions often involve tapping into order blocks leading to price declines.

Conclusion on Biases and Future Predictions

Finally, the conversation wraps up by reiterating that understanding how candles interact with liquidity zones helps predict future biases effectively.

Understanding Market Dynamics and Liquidity Strategies

High Side Liquidity Target

The speaker discusses targeting high side liquidity on a lower time frame, indicating a strategy focused on short-term price movements.

Emphasizes the presence of significant liquidity below the current price level, suggesting potential trading opportunities based on market structure.

Retail Trader Behavior

Observes that many retail traders may be trapped after a retest of a red line, highlighting the importance of understanding market traps.

Mentions that big players are likely to manipulate prices, which can lead to losses for uninformed traders.

Price Action Analysis

Discusses how analyzing price action can reveal whether traders should avoid certain areas or take specific actions based on market bias.

Notes that if prices close below certain levels, it indicates a bearish bias; conversely, closing above suggests bullish momentum.

Continuation Patterns and Internal Structure

Explains that after tapping into liquidity zones, the market may continue in its current direction despite temporary fluctuations.

Stresses the need for traders to face reality and understand their dealing ranges to make informed decisions about market direction.

Volume Balance and Bias Changes

Highlights that when there is no significant expansion in volume from previous days, any upward movement will likely be temporary.

Warns against entering trades based solely on opposite directional biases without proper analysis of underlying structures.

Experience and Learning from Losses

Shares personal experiences with losses in trading as valuable lessons that shape understanding of market realities.

Indicates a shift in focus towards family commitments while planning to return to trading with improved strategies and insights.

Analysis of Market Bias and Liquidity Grabs

Understanding Market Bias

The discussion begins with the concept of market bias, emphasizing that if a certain price level is closed above, an upward bias will likely be observed in the following days.

The speaker notes that recent market actions indicate a clear upward bias, particularly after liquidity grabs have occurred.

A turning point is identified when previous week highs are reached; this suggests potential manipulation in the market dynamics.

Liquidity Grabs and Their Implications

The importance of liquidity grabs is highlighted, indicating that once liquidity at specific levels is taken, it can lead to significant shifts in market direction.

Closing below certain lows indicates a downside bias; understanding these closures helps predict future movements.

The relationship between previous day highs/lows and current biases is explained, suggesting that if liquidity has been grabbed, opposite movements may follow.

Weekly Trends and Predictions

Observations on weekly highs and lows reveal patterns where grabbing liquidity leads to predictable outcomes for subsequent weeks.

The speaker mentions their private mentorship program where they forecasted downward movement based on prior analysis of liquidity grabs.

A new dealing range is anticipated as the market transitions from one phase to another based on established biases.

Key Takeaways on Trading Strategies

Summarizing trading strategies involves recognizing how daily highs/lows influence overall market sentiment and directionality.

Understanding gaps (up or down openings), especially when no order blocks exist, can provide insights into potential price movements.

Conclusion: Mastering Market Dynamics

The final thoughts emphasize mastering concepts like temporary biases and how they shift over time based on weekly swings.

Understanding Market Dynamics and Dealing Ranges

Introduction to Key Concepts

The speaker emphasizes the importance of understanding whether the market is moving in the right direction, introducing two key concepts: price and time theory, and daily bias.

Acknowledges that learning these concepts can significantly change one's mindset regarding trading strategies.

Learning About Dealing Ranges

The discussion transitions to dealing ranges, explaining their formation through liquidity hunts on both sell-side and buy-side.

It is noted that sometimes a clear market structure may not be present, affecting how liquidity is hunted.

Liquidity Hunts Explained

The speaker describes scenarios where sell-side liquidity is hunted after buy-side liquidity, leading to a lag known as the dealing range.

When both sides' liquidity are hunted, traders can buy at discounts within this range before selling at its high.

Market Structure Variations

Discusses how different market structures affect the visibility of liquidity hunts; sometimes only one side's liquidity may be visible.

Highlights that premium and discount zones are crucial for trading within dealing ranges.

Indian Market Specificities

The speaker notes that in the Indian market context, clear structures may not always be observable due to specific operational hours and conditions.

Emphasizes using premium and discount tools effectively when navigating through lag periods in trades.

Practical Application in Trading

Analyzes current bearish dealing ranges with price action indicating swings towards buy-side liquidity followed by sell-side actions.

Reiterates that understanding which side's liquidity is being targeted helps define trading strategies within dealing ranges.

Conclusion on Trading Strategies

Concludes with insights on how daily time frames complicate identifying dealing ranges but stresses their significance over longer periods.

Understanding Liquidity and Market Dynamics

Overview of Liquidity Structures

The discussion begins with an explanation of sell-side liquidity, highlighting the formation of a liquidity pool that influences market structure.

It is noted that price is hunting for buy-side liquidity after establishing sell-side liquidity, indicating a shift in market focus.

An order block is identified as a target for reversal, emphasizing the importance of recognizing these structures before they are tapped.

Price Movements and Market Ranges

The speaker introduces advanced concepts related to identifying potential buying zones within premium areas, suggesting strategic entry points.

A mention of price tapping into an order block indicates respect for established levels, leading to expected expansions in market movement.

Analyzing Deal Ranges

The conversation shifts to another dealing range where buy-side liquidity is discussed, illustrating how previous lows can be targeted by new price movements.

Observations on existing sell-side liquidity highlight its role in shaping current market dynamics and potential future movements.

Volume Balance and Market Behavior

The analysis continues with insights on volume balance and its significance in determining whether prices will continue upward or downward based on existing structures.

A detailed examination reveals how internal biases can be recognized through displacement patterns in volume balance.

Implications of Current Market Conditions

The speaker emphasizes the importance of understanding when a volume balance has been established to predict future price actions effectively.

Discussion about multiple dealing ranges illustrates ongoing trends and highlights critical points where further entries may occur based on observed volume balances.

Future Predictions Based on Historical Data

Insights into past mentorship sessions reveal predictions made regarding upcoming market behavior based on completed dealing ranges.

The speaker reflects on recent classes where students were informed about anticipated market movements following specific taps into established ranges.

Conclusion: Navigating Market Trends

Final thoughts emphasize the necessity for traders to remain aware of evolving market conditions influenced by geopolitical factors like conflicts affecting support levels.

Market Analysis and Trading Strategies

Current Market Trends

The market is currently experiencing a hunt, with no immediate support available. A target around 48,000 is suggested, and traders should look for lower time frame signals to identify buying opportunities.

The geopolitical situation involving Israel and Iran could impact prices negatively, leading to a bearish bias in the market. Understanding this context is crucial for traders.

Price movements have tapped into premium levels, indicating potential trading setups on lower time frames. Observing these shifts can help in making informed decisions.

Trading Ranges and Liquidity

The discussion emphasizes the importance of understanding both buy-side and sell-side liquidity within trading ranges. This knowledge aids in predicting price movements effectively.

Currently, there’s an absence of backend support which suggests that while prices may hunt certain levels, they are not guaranteed to hold.

Upcoming Live Sessions

A live stream session will be held every Monday at 6:00 PM New York time on the speaker's application. This aims to provide real-time insights into forex trading strategies.

Traders interested in SMC (Smart Money Concepts) and ICT (Inner Circle Trader) methodologies are encouraged to join these sessions for practical learning experiences.

Learning Objectives

The speaker plans to cover essential concepts such as price action theories and daily biases during the live sessions. These foundational elements are critical for effective trading.

By combining various criteria learned throughout the year, traders can better understand future market behaviors and make more strategic decisions.

Conclusion of Insights

The speaker stresses that understanding how markets operate—such as recognizing traps or shifts in bias—is vital for successful trading outcomes.

Personal anecdotes highlight the speaker's commitment to providing valuable insights based on experience rather than superficial knowledge.

Insights on Trading and Market Dynamics

Managing Funding and Personal Experiences

The speaker discusses managing a funding of $500,000, emphasizing the importance of real proof and certificates to validate their claims.

They express frustration over people exploiting others' funds, highlighting the need for awareness in financial dealings.

Learning from Others

The speaker stresses the significance of understanding who you are learning from in trading, noting that many do not teach price and time theory effectively.

They point out that some individuals create content solely for profit without genuine trading experience, which can mislead learners.

Analyzing Gold Market Trends

Transitioning to gold analysis, the speaker notes a market structure shift where prices were previously trending upwards but have now changed direction.

They explain concepts like buy-side liquidity and sell-side liquidity while analyzing swing highs and lows in market movements.

Trading Strategies and Ranges

The discussion includes identifying dealing ranges where price taps into specific blocks before moving downwards due to lack of order blocks.

The speaker explains how premium buying targets the low of dealing ranges while discount buying targets the high.

Importance of Feedback and Community Engagement

Encouragement is given to engage with comments about trading results or mistakes to foster community learning.

The speaker emphasizes helping others within the community as it can lead to collective growth in trading skills.

Upcoming Live Sessions and Resources

A reminder is provided about upcoming live streams focused on Forex markets, encouraging viewers to download relevant applications for access.

Understanding Commitment and Pressure in Content Creation

The Importance of Perspective

The speaker emphasizes the need to remain neutral and not take sides, suggesting that understanding reality requires an open mind.

They advocate for a position of opposition without bias, encouraging listeners to maintain a balanced viewpoint.

Acknowledgment and Apologies

The speaker expresses gratitude to viewers for their support while also apologizing for any mistakes made during the content creation process.

They hope that the video will contribute positively to viewers' growth and learning experiences.

Commitment to Content Creation

The speaker shares their experience of feeling pressured to create content after receiving numerous requests from followers.

They mention having posted a comment about upcoming videos, indicating a commitment to regular updates despite challenges.

Challenges Faced

The speaker discusses how they became engrossed in Bitcoin trading, which affected their ability to allocate time for video production.