<aside> <img src="/icons/reorder_gray.svg" alt="/icons/reorder_gray.svg" width="40px" /> After Holiday Trading design / Double SMT / Breakaway Gap stay open / Silver Bullet with 3 PD arrays / Sick Sister

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Today is a day where we have no bias, but we're going to use intraday volatility so that way we can try to read the tape and look for conditions in the marketplace where the algorithm will leave clues as to what it wants to do and what it should respect and what it shouldn't respect. ICT will show us how to select the better asset to trade for the day. If you haven't done any pre-market analysis, anything that would lend well to determining what you want to do just yet. So if that happens, one of the things you’ll do is I go right back to the daily chart and look at what is obvious:

  1. What has it done?
  2. what has it left in price?
  3. what has it disrespected, Point out the things that are salient to you. We don't know what the bias is at this very moment. We just came off the heels of a holiday. The morning session after a holiday is just like a big, large trending or large-range daily candle the very next morning session. You have to play your cards very, very carefully and don't be in a rush to plunk down and ante up a big trade because it might do things that you don't expect on a day after a holiday.

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When we have a Volume Imbalance price can revisit it many times. Until we get a body close across it, we won’t ignore it. It will be useful on the LTF.

Because we're directionless, we have to frame everything in the context of the higher time frame daily chart, what it can reach for and still have really no directional bias, and then we go into the lower time frames, jumping from the daily right down into the 60-minute, one-hour chart.

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You can anticipate the market to have problematic conditions after a holiday. It will be real hard to trust your setups and where price is going to go.

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Because it was a holiday yesterday, the very next morning session is going to create this static price action where it goes up and down, up and down, up and down, like that. So you don't want to try to assume or push your will into the marketplace on that day, making yourself believe that there's going to be a big move that's going to run real easy from one direction to the other, or one level to the other, without having all of this back and forth, up and down. See what the NASDAQ is doing up there, up, down, up, so it's staying in this little area. It's respecting that blue shaded area on the daily chart, which is the FVG. But is it getting right to this area here where there's buy stops easily, just like that, real quick? No!

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💎We have SMT at the Highs and SMT at the Lows. Whenever that happens DO NOT TRADE!

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Even the markets go lower this doesn’t mean that a trade setup would present itself. There is no market structure to support a low risk stop loss. That’s why we just observe and tape read.

💎Look for inefficiency below Sellside Liquidity and above Buyside Liquidity.

The market has two reasons to want to go down here: to take the sell stops below this low, and the market will want to clean up this inefficiency right there. 2 birds with 1 stone. Even though that's a small, little insignificant little separation between two candles on a five-minute basis, that inefficiency is useful for offering an efficient market. That's what the algorithm is trying to do; it's trying to facilitate efficient market delivery.”