As we tapped upon the basics, we know that they have two sides. Premium and Discount.

To put simply again;

The highest probability short positions happen in the premium side. The highest probability long positions happen in the discount side.

1. Discount = Buy program.

2. Premium = Sell program.

These areas are then set up with different arrays and strength. Overall, this is the order in their own place and ranking seen on the right;

So, each of the arrays have their own weight in the specific discount/premium area once we cross equilibrium.

We use these not only for entry points, but also as targets as mentioned before. We look at what the price is trying to reach for.

So, we enter on one-side of the dealing range and target the opposing side of the dealing range. It is good to understand how that works, so you can experiment with partials.

Let the concept of internal vs external liquidity play again;

1. -  Everything within the current dealing range is internal liquidity, everything outside is external.

2. -  Defining a dealing range is quite simple. We want to identify the strong high and strong low incomparison to where price is trading right now.

3. -  The list speaks for itself. As you start experiencing the market a lot more, you will also notice thatthe exit points become clearer, such as displacements or previous highs/lows.

4. -  Equilibrium is also an easy target to hit, which often is enough.

Let’s talk a bit more about the importance of equilibrium. When you are in EQ and don't have positions running, you will have to admit that there is no idea where price could go to.

Goes back to what we were saying near liquidity chapters, cheap vs expensive.

These are the hurdles that we sometimes will consolidate in for a longer period of time. The best thing to do then is to sit back and wait for more clarity.