Phases II - Expiry range examples

Lets go over some examples of these expiry ranges

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Theory

Bearish scenario;

CBDR is slow, dull, and void. It is calm. if our overall anticipation is bearish, we can then draw out the SD above the CBDR. Here we already have let's say bearish higher Timeframe bias and a nice draw on liquidity in place.

See how price created that market protraction within that 2 SD range of our CBDR. It then grabbed liquidity on these levels around BSL and reversed during London session.


Bullish Scenario;

Again, a very nice calm CBDR range, with an easy two SD below the CBDR. If we anticipate bullish delivery, we can then expect the protraction, phase two of that daily candle to be within that 2-SD range of our CBDR.

Here you can see how price has created that protraction within the SD range of that CBDR and sought liquidity to find it at that Feedback OB. Nice bullish order flow and proceeds to tackle the LRLR as BSL.


The rule for LONDON SESSION;

There is not necessarily a rule when you should or should not trade London session. But visually, understanding that CBDR and Asia are slow and dull will provide us with optimal conditions.


“When CBDR, Asia -> expiry range is larger than 50 pips, and it's not a visually slow and calm market period, avoid trading London Open the next day. ”


Essentially you will get a feeling for it and understand that it all lies within expert intuition to make thatdecision making. But this can be used as a general rule of thumb.


Lastly, the most important aspect for everything to be in sync is the clear Daily TF. See it as a funnel that you need to go through. A checklist;


  • - Clear higher TF delivery

  • - Clear DOL

  • - 60m TF check expiry range

  • - Check CBDR and Asia range to confirm slow expiry range

  • - Mark 1-SD/2-SD range and all PDA's

  • - Only then drop into the 15/5 min timeframe to look for entries


Project & Resources

Project & Resources

Project & Resources