In this lecture we’ll be discussing important information about finding setups. Its not limited to any specific asset class. The goal is to remove uncertainty and provide clarity on where to look in the charts and when to utilize ETH vs RTH. The focus is on understanding what type of setups form and when they occur, allowing you to have setups for life. This lecture is not about specific patterns or PD (Price Distribution) arrays, but rather about teaching you how to find your own setups and understand when and where they form. It involves Market profiling, schematics. . The goal here is to provide a broader understanding and not limit yourself to just one approach. The premise is to find one trade setup that can be applied throughout your trading career. What is your preferred PD array? It can be FVG, Breaker, OTE, Inversion FVG, simple OB, Turtle soup. Which one resonates with you and makes sense when you see price action? That's the one you should start with, as it serves as a baseline for further growth and understanding of other PD arrays. Once you master 1 PD array and with information in this lecture it will be much easier to see all the things that form, all the PD arrays. This will be presentation over the course of the whole 24h rotation.
<aside> 💡 Draw on Liquidity is the sole purpose of Price Delivery.
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The most important thing when you trade SMC is **Liquidity**. You need to know where the liquidity is and which Liquidity pool exactly will be used.
The PM session is between 13:30 and 16:00 EST. We will always refer to previous day ranges. We are looking for the Highest High and the Lowest Low during that time window. When we look for PM Ranges, it is always viewed in RTH. Regular Trading Hours cuts all the Overnight trading. Once we start trading regular trading session hours the next day, the algorithm will refer back to these specific times and what liquidity exists above/below it. Once the Opening bell rings at 9:30. the following 30 min is the Opening Range. Where will that usually run for? If you are bullish (having HTF objective above market) and we take out the SSL below PM session Low that’s great! Why? Because that means Smart Money will accumulate those sell stops and they will use it as counter-party to their longs. They are accumulating in the Judas swing.
When we look back at Previous Day’s session, we don’t just use any High or Low. **We use the PM High/Low inside 13:30 and 16:00**. There will be liquidity above and below that range. If we are anticipating higher prices, we expect a run to the Buyside. However, at the market opening, we typically expect, but not always, a run lower known as the Judah swing. Many traders on social media will chase this downward movement, thinking that it's breaking new lows and will continue to decline. However, the purpose of this downward run is to attract sellers in the marketplace so that they can be bought up, after which the market will shift to the Buyside.
You can be buying when price go below the lows. That will be a Turtle soup entry. But its takes a lot of time and experience to trust it. You need study old moves like this and journal them.
The first thing we look for is the PM session. If it's not a factor or it's not to be considered because we're not in close proximity to that range because we could be significantly higher or lower around 9 30. So what are we looking for next? If we are not near PM range during the first 30min after the Opening Bell we look for London Session Raid! This is the range between 2:00AM and 5:00AM. We can find that on the ETH chart.
This is our routine so far. During the first 30 min after 9:30 Opening bell we look where we are. Close to PM or London? There may be a run higher/lower or it will consolidate. We wait for the Displacement between 10:00AM and 11:00AM for Silver Bullet.
You have to use RTH to find the gap between previous day’s close and current day open. We are looking for where the market reach for liquidity and where it will go next.