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Top Down Analysis

1. Weekly: to define bias

• Factors that will impact the weekly candle

1. Daily TF: to define bias (PO3); look for weekly range (00:00 NY Mon — FRI close and the beginning of FRI’s trading 16:00)

• Keys To Daily Bias:
• PO3

1. 1h, m15, m5: liquidity (Old lows/highs), FVG

• How to determine draw on liquidity?
• Where to look for liquidity?

1. m1/m2/m3: entry; wait for market structure shift between 8:30 am - 00:00 NY time

Time (NY)

7:00-9:00 pm Asia

00:00 NY DO

2:00-5:00 am London KZ

7:00-10:00 am NY

8:30 am - 11:00 am NY AM session; usual time for operations, but sometimes it can be extended to NY lunch (12:00 pm). He doesn’t take trades after noon. It’s better to wait till 13:30-16:00 (14:00 - 15:00 usually forms setup in the afternoon trend)

9:30 am Equity Opening

12:00-13:00 am Lunch time (no trades)

13:30-16:30 Index Futures PM session. He looks for price to form swing H/L; this time algorithm macro starts running.

16:30 close charts

2:00-5:00 am — if there was a big move during overnight don't expect a lot

Setup:

1. Liquidity Grab

   

2. Market Structure Shift

   

3. FVG

   

It is formed by 3 candles. Candle №2 has FVG. Entry is made when price returns above the high of the 3rd candle, stop is above candle №1.

If there are several, we choose the one, which is in discount for long and premium for short; Put fib on the displacement leg.

                          *Short*

                          *Long*

FVG+OB in OTE — gold standard of this pattern.

If there is no IMB just use Premium/Discount to enter after MSS (Market Structure Shift)

STRUCTURE

ICT doesn't look simply for HH+HL structure for bullish market to enter (for up trend). Does the market has a reason to go up for BSL or Buy Stops or to rebalance an IMB (FVG)?

OR

Is it likely to go lower to sweep out STL/H (Short Term Lows/Highs), FVG?

What it is likely to do now?