<aside> <img src="/icons/reorder_gray.svg" alt="/icons/reorder_gray.svg" width="40px" /> High frequency algorithms. Seconds chart precision. Change in the state of delivery. OB sauce. Offset Distribution aka 3 Drives pattern. CPI signature. Day trading vs Intraday Scalping.
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💡CPI can be used as a means of trying to smash anyone that's profitable. It can in some instances be used to continue or capitulate a move.
YM Daily Chart💎
On the 15m we have this small FVG, Buyside and Sellside.
This is the 1m chart and what happened when CPI hit the market.
Both sides of the marketplace are always in contention for high impact news drivers like CPI, FOMC, NFP. Anytime you see in your lower time frame charts these smooth edges like this, very, very smooth REL, very, very smooth REH, they are going to be made jagged, meaning it's going to rip through it like it does over here. So now they're not so smooth. This whole movement down here was a function to offset any positions or interest, because it controls sentiment as well, with orders resting in the SSL pool. "Then we have the REH, the market ran for those as well, and then what has it done since? It's staying in between those two pools of liquidity. But what did it do first? It went right to the fair value gap, overshot it by a little bit.
On the 15s we can see better what happened at 8:30. The 8:30 candle opened, ran into the Imbalance, then dropped for SSL and then ran for BSL. Now we are in the middle of the range.
This looks like break and retest retail strategy to go short. So we can expect the market to go up.
The main take away so far is that even with this high speed the market referred to the 3 levels that ICT gave us. Even in this chaos and carnage, it’s still being controlled.
We hit 15s Wick C.E. here 👆
All you need is 1 multiplier that gives you a setup, a reason to enter a trade. Define your risk/Stop Loss. Sometimes your trades won't reach the full Terminus. That’s fine because you don’t need to be 100% accurate, which encourages you as a student. Sometimes as a human, you just don't execute it correctly. You might take off more than you should have, and in hindsight, look back you and wish you had left a little bit more on the trade. That aspect will always be there, no matter how good you become at this. Even in your winning trades, you'll find yourself wishing you had held on longer or gotten out sooner. It's always like that. So, the craft you're involved in now is a lifestyle. It's not just about learning how to make money and considering it your final destination. Excellence is an ongoing pursuit. The most important thing is to know where price is going. Once you have that, there are many ways to enter.
What would a high frequency trading algorithm entry be on a buy model?
In this case our DOL was the Swing High, because of the retail theory:
