Let’s get straight into targets. These are areas in your chart, key points of where you should consider closing the whole position or partial of your position.

We are clearly a bit further into the course of EXODUS and getting closer to having the complete feel of the market. This lesson will be a big a ha moment for most of you.

With time, you will become a lot more prominent in spotting these key levels easily. It requires you to train your eyes. Getting that expert intuition.

The main list, in no specific order of area's which we want to target;

• - Imbalances/displacements -> Voids, gaps, ineÉiciencies, and the midpoints of them

• - Previous daily highs/lows; previous weekly highs/lows

• - Institutional big figures -> round numbers

• - Volume Imbalances, gaps in volume, future gaps.

• - Local highs/lows from liquidity range (20,40,60 days)

• - Buyside/sell side liquidity pools with LRLR near them.

• - Session highs/lows -> Asia, London, NY.

• - Asia range SD - standard deviations

• - Expiry range SD - standard deviations

Becoming concise with your plan

We must remember that we won’t always have all of these elements in place. We must be able to choose which levels to pay attention to. It will always be a mixed bag of 3-4 potential targets. DiÉering between internal and external liquidity targets even.

Our goal is to have a clear area of where we will be READY to take partials if anything. Then also a clear goal of where our final target would be.

“Final target, in a perfect world, would be an area in price where your position collapses. Where you would in essence also start seeing opposing price action form. ”

Biggest mistake many traders make is taking profits too much, every so often. Taking profit before having aclear plan of the position. The goal is to have your delivery mapped out prior to taking the position. Havinga clear path for you to make the right decisions.

This is done by setting all the right tools and rules before the action even happens.

“Failing to plan, is planning to fail. ”

Learn to act without emotions, which is why I always tell people to start thinking in if, but scenarios. Knowledge based; option based.

Clear bias for the day - mark important areas. Mark the important levels for both sides, then let the market show you, its cards.

“You don't predict - you react. ”

It gets easier with practice, as you hone into that expert intuition you will see them pop up in your charts.You will literally start seeing where the market wants to go to - Your main DOL. You will see all potential barriers on your chart, hurdles.

Partials - Logic + knowledge

So why do we take partials? Why are we not just moving stop loss and tracking price. Main reason for that is obviously the market making capable institutions that are playing that exact game with each other.

Finding the pressure points in price before yielding the anticipated volume in order to transact towards anticipated delivery.

Pressure points -> manipulation; and before you ask.

“Price cannot be manipulated”

But psychological factors are in play -> supply and demand, expensive vs cheap

Let this one sink in for a second, as this goes back to all the liquidity concepts.

“Price transacts lower TO go higher | Price transacts higher TO go lower”

• Bullish example; Seeking liquidity lower, picking up more demand IE liquidity to distribute higher.

• Bearish example; Seeking liquidity higher, creating more supply IE liquidity to distribute lower

You must understand that we have to go from a liquid market condition - where sellers and buyers are content, transactable. To an illiquid market condition, where it becomes more of a one-sided delivery, this included knowledge such as sweeps and new concepts... pressure points.

Take a close look at the above example and notice where these pressure points are. It’s those chokeholds where sellers meet buyers, and buyers meet sellers, but then at transactable areas of price. Once liquidity is taken out, market making capable institutions will step out of the market. The order pairing area on the above chart, and then inject liquidity to target the entire LTA.

So how does this fall into partials you may ask? It’s this theory we must absorb and avoid in setups. Seeing where these pressure points are located, and making sure you understand where you can navigate with them.

Understanding where these barriers might be, or pressure points might form allows you take something oÉ at those points. We want to pay ourselves on our way towards our main target, without becoming too greedy with moving the stop loss to breakeven too quickly.

“Paying yourself takes pressure on = thus higher chances of avoiding pressure points on your charts”

It will psychologically become easier to hold your trade, and follow that trading plan if you already took a piece of profit from the market that day

Start really paying close attention to when price leaves behind intent of pushing. These will come in the form of imbalances, displacements, and ineÉiciencies. You will notice on lower timeframes how price will sweep levels; it will merely be the liquid transactions holding price stagnant.

Therefore, it is a risky game trying to trail price with your stoploss. Tracking price. Stick to your plan, because often below these pressure points, lies liquidity.

See how if you had trailed stoploss in let’s say buys for example, you would have been taken out. The initial move cannot remain in its trajectory the whole time.

“Liquidity isn't constant, it needs fuel. ”

Price rallies, forms a base, creates liquidity to grab, to therefore run further to the initial target.

The key aspect that we want to understand here is that we don’t want to go out here risking money to end up running breakeven too soon. Let price do what it has to do. Taking partials at key moments.

We will go into this a lot more in detail later on, but this is a key element to becoming more in-tune with the markets, and honing in on that expert intuition.

“Pay yourself for the work you are doing. ”