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"Next Day Model" The MMXM Trader - ICT Concepts
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"Next Day Model" The MMXM Trader - ICT Concepts

Introduction

The video introduces the nmxm Traders Twitter model and explains how it will be analyzed using top-down analysis.

Model Overview

  • The nmxm Traders Twitter model is introduced.
  • The model includes skipping Mondays, focusing on the New York session only, executing on the 15-minute chart, using the economic calendar as a roadmap, and trading the day after your anticipated higher time frame level is hit.

Example 1: Daily Chart Analysis

This section provides an example of how to use the nmxm Traders Twitter model to analyze a daily chart.

Daily Chart Analysis

  • A daily fair value gap is identified as our draw on liquidity.
  • After getting a nice reaction off of this daily level, we look for Wednesday to continue lower taking the sell side liquidity and reaching for the draw on liquidity.
  • Tuesday's hourly chart shows an hourly breaker as we reach into Wednesday. Price retraces back up into this hourly breaker hourly fair value Gap here and moves away looking at the 15 minute chart.
  • On the 15-minute chart, we have midnight open and that was the move into the hourly fair value Gap and hourly breaker. As we head into the New York session, we have a 15 minute fair value Gap here price reaches up into it before delivering to the weekly open and eventually to the draw on liquidity below.

Example 2: Daily Order Block Analysis

This section provides another example of how to use top-down analysis with order blocks.

Daily Order Block Analysis

  • A daily order block is identified.
  • On the hourly chart, we can see the smt at the highs here and this hourly fair value Gap as well as the sell stops resting below which would be the draw on liquidity with the news getting this Wick up. However, the bodies are respecting this fair value Gap displacement down bearish order block and then that is the entry there going towards the cell stops below.

Example 3: NASDAQ Daily Chart Analysis

This section provides an example of how to use top-down analysis with NASDAQ's daily chart.

NASDAQ Daily Chart Analysis

  • Equal highs are identified as a target for future bullish structure.
  • On a bullish week, an open low high close is expected. Some nice lows stacked right there as well as a candle with no Wick which I like to Target. Monday took previous days high or Fridays High closed back into range. The next day moved towards my draw on liquidity down here.
  • On the hourly chart, we can see our Friday's high right here that was taken out on Monday before aggressive displacement lower and here is our draw in liquidity mentioned on the daily chart.
  • On the 15-minute chart, we have our hourly fair value gap and if you notice with this candle close we have a 15 minute fair value gap right here so ideally I'd like to see during open.

Drawn Liquidity and Fair Value Gaps

In this section, the speaker discusses drawn liquidity and fair value gaps in the context of trading. They provide examples using NQ and EUR/USD charts to illustrate how these concepts can be applied.

Drawn Liquidity Example with NQ Chart

  • The drawn liquidity on the NQ chart was hit during the New York AM session.
  • After hitting the drawn liquidity, price came back into the range.
  • Expect expansion up until reaching previous day high.

Sell Side Liquidity Example with EUR/USD Chart

  • There is sell side liquidity in the form of equal lows on the EUR/USD chart.
  • Mark out previous week's high as Wednesday.
  • Took buy side liquidity and closed back into range.
  • Expect a move towards current sell side liquidity before reaching for old daily lows.

Fair Value Gap Example with EUR/USD Chart

  • On Tuesday, there is a fair value gap supporting bearish order flow on the EUR/USD chart.
  • Hop down to 15-minute chart to see if there is a setup for New York AM session.
  • Ideally want to reach into fair value gap before going lower.

Order Blocks and Previous Day Arrays

In this section, the speaker discusses order blocks and previous day arrays in relation to trading. They use an example with EUR/USD charts to illustrate how these concepts can be applied.

Order Block Example with EUR/USD Chart

  • Looking at an order block on Friday's EUR/USD chart.
  • Stayed inside bar and did not reach higher time frame PD array on Monday.
  • Reached into PD array on Tuesday and got a reaction off of it.
  • Look for continuation lower ideally for current lows but have yet to hit previous week's low.

Sell Side Liquidity Example with EUR/USD Chart

  • On hourly chart, there is sell side liquidity resting below daily open.
  • Mark out daily sell side liquidity.
  • Engineered more sell side liquidity by coming back into range.
  • Hop down to 15-minute chart to look for possible entry points.

Smart Money Reversal

In this section, the speaker discusses a potential bullish reversal and how to identify it using order flow.

Identifying a Bullish Week

  • The speaker expects a bullish week and wants to see an open low put in before expansion higher up into the highs.
  • They also want to see Wednesday expand towards Friday's high and into these old highs.

Order Block Analysis

  • On the one-hour chart, there is an order block or down close candle right at midnight and then a fair value gap.
  • There is also a 15-minute fair value gap that could potentially lead to a reaction.
  • The candle closes with displacement out, leading to expansion towards Friday's high as well as those highs.

Conclusion

  • The week ended up making a move higher and engineered more liquidity at the highs for them Friday to reach higher.
  • The speaker thanks mnxm for posting this model on Twitter and hopes that viewers enjoyed the video. They encourage viewers to like and subscribe if they did enjoy it.
Video description

"Next Day Model" from https://twitter.com/theMMXMtrader 📈Access to my course and mentorship! https://themarketlens.com/ 🚀 Get access to my custom indicator : https://ttradesmodel.com/ 📊20% off Journaling & Backtesting Software! Use code TTRADES ! https://tinyurl.com/TradezellaTTrades 👉Find the best prop firm deals here : https://selectpropfirm.com/ 50k Starter accounts at MyFundedFutures are now only $76 with no activation fee!! Use code SELECT https://myfundedfutures.com/?ref=4894 80% off with Apex! Use Code SELECT https://apextraderfunding.com/member/aff/go/selectpropfirm Straight to funded accounts use code: SELECT https://tradeify.co/ref/SELECT/ Join my Free Discord! https://discord.gg/ttrades-community-1121090664453652593 All other Links : http://ttradesedu.com/ On some of the links above, I may earn a commission if you click and make a purchase. 0:00 Intro 0:26 The MMXM Trader & Model 0:58 Example 1 2:25 Example 2 3:07 Example 3 5:45 Example 4 8:55 Example 5 10:50 Example 6 13:25 Outro ICT 2022 Mentorship: https://youtube.com/playlist?list=PLVgHx4Z63paYiFGQ56PjTF1PGePL3r69s CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN