DISCLAIMER

Everything here are my notes from my trading blog. I am not a financial advisor. This is not financial advice. The content is provided for
informational purposes only. To make the best decision that meets your needs please do your own research. All investments carry some
form of risk. Nothing is guaranteed. Please do not invest money you can not afford to lose.
LESSON - 10
Pay attention to what’s important. In this lesson you will see the
thinking process that goes on the Daily time-frame, where’s the
draw on Liquidity & how we build bias.
Daily Time-Frame

For us day-traders/scalp traders, the Daily TF will always be the one that will highlight the most important draw on liquidity.
Our aim & goal is to identify where the price will be pushed towards in the next trading session/in the next trading day. We build Daily
directional bias and expect for price to expand in that direction.

So, if we have bearish structure, price reaches a bearish PDA, rejects it - the Daily expansion will be in the same direction of the Daily
draw on liquidity, once we have that question sorted out (the direction & the target) then we expect the intraday session volatility &
momentum every day till draw on Liquidity areas are reached. So, if the draw on Liquidity is lower, and it’s with the structure (and
most ideally with the Weekly momentum) that’s when we see those explosive, one-sided price moves in the London & New York kill
zones. Why? – again, because they’re blessed by the Higher TF’s that are like a parent figure to the Lower TF’s.
Daily Time-Frame

So, let’s quickly go over this again - the Daily time-frame will highlight the most probable Draw on Liquidity, and that’s where our
direction prediction/bias come in.

Also, keep in mind that the day doesn’t have to close bullish or bearish, it can give you an entry and push higher on London, give
profit and reverse on NY – at that point you still caught the big chunk of that Daily move, and that’s our main goal.

So, we’re trading intra-day price moves per session inside that Daily range that’s why the Daily candle doesn’t necessarily has to
close in the direction of the Daily Liquidity Pool, we just need to catch the momentum and the expansion towards it during the day,
one price moves into late NYOKZ, London Close kill zone, etc., we don’t really care how the end of the day forms and how the Daily
candle closes as we’ve already banked our profit.
So, where is the Liquidity on the Daily TF resting?

It’s not simply just yesterday’s highs and lows, PDH & PDL is definitely the main target for that day if we’re trading
with the Daily momentum & direction, however, when we talk about the Liquidity on the Daily TF we must know where
the price will push after the Previous Day’s Liquidity is taken, we must understand the whole driving factor behind it
all, and be able to see all the other potential Liquidity Pools that price will be drawn to, and that is not difficult to do if
you put in some practise and apply the 20 Day IPDA Data Range approach.
An example of the whole thinking process
when we analyse the Daily TF
Why? – because below we have some imbalance
there and above we have some low resistance
liquidity (small candles just crawling higher,
no clear stop runs).

So, this is the main draw on Sellside Liquidity from

the Daily POV that sets the direction. From Lower TF POV
there of course are smaller targets to aim for, like session
lows, PDL, and so on.
Also, don’t forget about the 20 day IPDA data range,
on the Lower TF’s we would have those levels marked
or at least pay attention to them and take partials along the way.
After a clear run on Liquidity, we expect a retracement
to happen, so if the momentum is not overly strong,
that’s when we will look to catch some quick plays
to the upside, however, we can’t be as aggressive
here and we need some strong Lower TF formations
until Daily bias changes and price reaches some
strong Discount PDA’s and breaks the structure higher.
To not make our charts messy, we leave there only the
main low as the Sellside target, however, we always
keep in mind all the other Daily candle lows (20 day look-back).
So, all those explosive Lower TF moves that you see
will be happening to the downside with the Daily TF
supporting this momentum, so that’s where your
main focus goes.
Tiny FVG
However, it could be just a Buyside Liquidity Sweep,
so we mostly just observe the price, and if there’s some
clean price action on the lower TF’s going on then catch,
some quick plays to the short side.
After this bullish reaction from the +OB,
we look for potential continuation of that
towards the Buyside Liquidity levels that
were left higher before this down move.
After the price runs into the BSLQ, and aggressively
trades away, all the focus is again on the downside
and all the Sellside Liquidity Targets that are resting below.
Price reaches the first low, sweeps
the SSLQ that
is resting there (notice that quick
bullish reaction after the SSLQ – 1
sweep, that’s another example of
when we take some quick scalp
plays against the Daily momentum).

After the bullish retracement

happens and price pulls into the
FVG, we’re back on the run
targeting deeper SSLQ levels.