ICT - Mastering High Probability Scalping Vol.

1 of 3
Now, folks, welcome to volume one of three for mastering high probability scalping. Now, this is a video that's
going to be kept on my YouTube channel, and generally, anything that's predominantly linked to just my
YouTube channel will have this intro. I'm going to ask you, as the trading community, to help me out. A lot of
times, folks will take my content and re-upload it on their own YouTube channel. If you see that, just let me
know, and I'd like to be able to have that taken down. I put the work into these presentations, so I'd like to be
able to get the credit and the benefit of any revenue off of it. So, if you see it, just let me know, and I appreciate
it. You don't have to be public about it. You can send me an email at innercircletrader@gmail.com. I greatly
appreciate it. Thanks.

Alright, so before we can — I'm gonna ask you a question: what is high probability scalps? Every one of us
would have a different definition, I'm certain of it. But for me, as ICT, it's 10 to 30 pip price swings. Now, I tend
to day standpoint, but I want you to know that what I teach has consistency and it also has the ability to prove
right away that the markets are not, in fact, random at all. They're very, very organized. They're very specific
about where they're trying to get to intraday and even on a weekly basis. And I would probably argue the point
on an even longer-term basis, but I just haven't made my precision that long term yet. I don't think I ever will;
first thing, it's not my cup of tea. I like day trading.

I find the answers to them in future presentations. For this one, we're highlighting the many opportunities in
scalping the Forex. I'm gonna be teaching you how to learn directional bias for higher timeframe institutional
sponsorship, and I'll explain what that is when we get to it, and how to determine the highest probable times of
the day to trade. And we're gonna be learning how to frame high probability setups for runs on liquidity. Sounds
pretty fancy, I know.

Alright, so high probability scalping. Now, you'll also be able to see some things I share in trading journal entry
so you can give me an opportunity to speak to you by way of how I interpret and reflect on what has been seen
in the marketplace when I take action or if I take action, and you kind of get a vibe on what it is I've either felt or
what I was thinking during the day when I was looking at the marketplace.

But a short-term scalp here is a very simple approach to running out previous day's highs or previous day's lows.
That's all on social media. Everyone's noticing a tone or difference in my presentation; it's a lot more concise, a
lot more accurate, a lot more specific in nature. And that's because I've spent the last 14 months with people on a
day-by-day basis, and I've been able to share with them very openly about what I've learned over the last 24 plus
years. And it's not retail; retail things get you into this business. I'm gonna show you how to leave that stuff
behind you and think institutionally.

That's like my highs and lows. Now, it's important that from a scalping standpoint, your timeframe you're gonna
be following mostly is gonna be on the daily because it's gonna give you a bias, and I'll show you how to do
that. It's really simple. But for looking for liquidity, you're gonna be using the hourly chart because it gives us a
real nice framework to see where the previous day's high is or the previous high two days ago. Okay, for
instance, right now at the time of this recording, right over here, this is where prices are in order. Let's say we
come to that conclusion right away. If we're bullish, an institutional mindset is running liquidity on the previous
day or the previous two days before yesterday's high. Okay, and the reason why is there's a lot of speculation
about capturing highs in the marketplace. Especially if we have a day that saw a retracement the day before or
two days ago lower, that means there's going to be built-in positions that are short. Okay, folks, I'm not trying to
force your live account into a condition where it must trade every single day. Day trading is not every day
trading. So I want you to take a look at when price has moved higher, every previous day's high has been
violated.

Okay, generally folks won't pay attention to that simple phenomenon. It's a very simple approach, but it eluded
me the first six years of my trading. I didn't see this element to trading until about six years into my bond
trading. Now, I started as a Treasury bond trader, and trust one month with me, use the information I give you,
and again, I guarantee you will understand price far better than you ever have before. And it can be a very
simple approach. So you got my and want to guarantee there.

So now, if we're bullish, what we want to be thinking about is where price is going to be drawn to. Okay, that's
called the drawl. Now, when we look for where the market's going to reach for in terms of bullishness, it's the
previous day's high or an old high that's gonna be in the form higher price. So smart money has at some point
accumulated a position at a lower price, and they're driving price up to formulate an opportunity or condition for
participants to have existing orders or real interest at buying at a higher level to be forced into or out of
positions. Okay, and that's all it's basically framed on. Now, I'm framing this whole discussion tonight on the
basis of looking for by side liquidity or by stops or running out by side liquidity pools. Okay, so when we're
bullish — and I'll get to you in the first, well, you know, the first second and third volume — completed, once
you understand that, and you've practiced for at least a month, then you have my permission to go into including
for majors and crosses and then start looking like that. And you'll see that there is a setup every single trading
day. But it's not my invitation or my goal to inspire you to try to trade every single day. Don't do that. My hope
is that you learn to find one or two trades like this per week and then force.

The markets going to most likely reach for the draw. Okay, that's what it looks like, what it pull is. So if we're
bullish again, we're looking for an old high to run to. That's it, a very simple strategy, nothing more than that.
Okay, so now we're looking at a daily chart, and I want you to look at the patterns I have here because it's gonna
be very important to understand what these are because it's gonna give us the context to define when the market
should be bullish and when it should be bearish. Over $1 million in 12 months, and you can see that on the
Rapid Trading Contest website. You can see no one's even come close to his record, but his approach to teaching
market structure starts with this simple concept of a swing high and swing low.

So when we see a swing low, it's three bars or three candles. Okay, once that forms, what we, in the old days,
would call that would be a ring low. Okay, because we didn't have charts; we had to really just write that down
on a notebook and the L bar pattern. You wait for this to occur in the price action, and if price trades through the
swing high, you are now on bullish alert. You wait for the swing low to form. What you have done is you've
waited for institutions to get back in line with the momentum on a short-term basis, and the algorithm, once it
creates that swing low again after the swing high has been broken, momentum is now bullish. And you're
waiting for this short-term pattern here. When that happens, your focus is going to go immediately. Very simple
and very, very elementary.

So as a recap, what we want to do is we want to see a swing high, this formation form, and we see that here.
Okay, we see a swing high; it has a lower high to the left of it, a lower high to the right of it, and we want to see
it trade through that high. It does it here, right here on this large wick candle. When that happens, we start
looking for this formation on the daily chart. It happens right here. Okay, we have a long wick candle; it has a
higher low to the left of it, and it trades through the swing high. When that happens, we start watching the daily
candle number three, and we want to see it trade through that low. If it does, we know that we are in bear
territory, and we're probably going to see each previous day's low be violated. And that's the setup, that's the
condition, and that's an — it's seen here. Okay, we see a swing low broken here, and then we wait for a swing
high to form. That's here; we have a high with a lower high to the left of it, a wing low that upsets the
momentum. At this point, we have to see a short-term high be broken. Okay, a short high has to be broken. And
then we have it here; we have a high with a lower high and a lower high to the right of it. It's broken to the
upside here. So when we have that, now we go back into a cycle of looking for a swing low.

A swing low forms here; we have a candle to the left of it that's high, or low below in the middle, and the next
candle is up. So we want to see price trade through number three candle. Break in market structures, but it's
basically giving us a definition of — and then afterwards, it's going to be a retracement. And when we see that
retracement occur with a swing high, we know that we can start looking for sells, running out previous day's
lows. When we see the swing high broken, and we find a swing low form later on, we know we can look for
candle number three's highs to be rated and look for the buy stops to be ran out or intraday scalp. That's a very,
very simple approach; it's very easy. And if you — New York time and then look at that time in reference to
your local time, and you'll be able to decipher what it is you have to do and make the adjustments. I do not want
to get into a conversation about time because it's very confusing for me. Admittedly, I've done this many times
in the past and erroneously said something and confused a reader or viewer. So it's better for you to just do the
work in transferring and converting your local time into New York time.

Okay, so London is basically two o'clock. It doesn't feel like much, but that's a trade. Now, you're probably
because your eye's looking at in the benefit of hindsight, you're gonna look at this high and this move down and
say, well, that's what I really want to capture. If you're going to think like that about everything I'm going to
show you in these tutorials, I'm not gonna be any help to you because what you're gonna be doing is trying to
have perfection. And I can't promise and I don't promise perfection at all. I do provide you a — r s waiting for it
to trade lower. Okay, once it trades lower, we're going to be looking forward to going down into the optimal
trade entry. Okay, that's our price pattern. It doesn't do it until after this little movement up. Now, on a smaller
timeframe, we could probably see something in here that's an optimal trade entry, but I'm going to save that for
volume two. But in here, I'm giving you the big setups for your scalp setup. Okay, so using the hourly chart,
we're gonna see it here, and we're gonna be targeting previous day's low, gain two days ago. Okay, this is your
run on the previous day's high liquidity. Now, this candle on a daily basis, its high is here, same scenario in here.
It rallies up, takes out that high, which again, we're gonna have to see that on a lower timeframe; we're not going
to do it in this volume.

But as it runs through, we want to see a retracement. Okay, we have the bodies of this run here. Why am I using
this one? Because it's the most dynamic recent rally, and we want to use it on the highest body open or close,
which it trades back down into optimal trade entry here, and it does so at the time of New York. Okay, so New
York and London both have an opportunity to create a buying opportunity. London will give it to you; that you
probably got stopped out. Same scenario unfolds for New York. New York explodes, runs through the previous
day's highs of two days before and previous day's high here, runs right through it. That's the trade, and it's over.
It's done. There's nothing else to consider; there's nothing else to worr — day; you're waiting for an opportunity
for it to retrace back down into what would be otherwise standard optimal trade entry, which is a 62 percent 70
percent trade level but targeting previous day's highs.

Now, notice once we hit this previous day's high here, the market goes into some of a consolidation. Now, we do
get a little bit of a run here, but not to the degree where we can really brag about or go to great lengths to justify
it. We do have a nice retracement here; okay, and I want you to take — n sign, say, start following me, especially
if you're in a bullish scenario, that market's primed to have an optimal trade entry long and start running out
previous day's highs. Okay, on this one particular day here, price moves 30, 50, almost 70 pips or so, okay,
really, really quickly. And this is all mostly inside of one hour, big explosive price move here. And that was seen
on October 5th, and this continues, going through price action. When we have scenarios that present themselves
with the highest form of probability and not seeing any breakdown on a daily chart, it gives us framework,
context, and specifics about what we're looking for when we're looking for it – kill zone, what price level,
optimal trade entry, what are we targeting? Previous day's highs or the day before it. So, yesterday's high or the
day before yesterday's high, that's what we're targeting. Very, very simple approach, nothing more to it than that.
I'll amplify it in volume 2, and I'll wrap it up with a concise, more or less, a trading plan in volume 3. Hopefully,
you found this insightful. Until next time, wish you good luck and good trading.