The document discusses macros in trading, which are periods where algorithms seek liquidity or rebalance price between the open and close of designated times. It defines three types of macros:
1) Accumulation macros create liquidity that often retraces and should be skipped for trading.
2) Manipulation macros sweep buy or sell-side liquidity depending on order flow direction and look for continuations after sweeps.
3) Expansion macros expand the pro-trend direction after prior liquidity sweeps, and traders should position before the expansion.
An example combines these concepts to demonstrate macro trading.
The document discusses macros in trading, which are periods where algorithms seek liquidity or rebalance price between the open and close of designated times. It defines three types of macros:
1) Accumulation macros create liquidity that often retraces and should be skipped for trading.
2) Manipulation macros sweep buy or sell-side liquidity depending on order flow direction and look for continuations after sweeps.
3) Expansion macros expand the pro-trend direction after prior liquidity sweeps, and traders should position before the expansion.
An example combines these concepts to demonstrate macro trading.
The document discusses macros in trading, which are periods where algorithms seek liquidity or rebalance price between the open and close of designated times. It defines three types of macros:
1) Accumulation macros create liquidity that often retraces and should be skipped for trading.
2) Manipulation macros sweep buy or sell-side liquidity depending on order flow direction and look for continuations after sweeps.
3) Expansion macros expand the pro-trend direction after prior liquidity sweeps, and traders should position before the expansion.
An example combines these concepts to demonstrate macro trading.
MACROS + PO3 (everything an ICT trader needs) Part 2 I will explain the following things about Macros in this thread: Meaning, Times, Types, How to use it, Example + Visual indicator What is a Macro? A Macro is a period where the algo will seek buy side or sell side liquidity, or seek to rebalance price at a point of interest in between the open and close of the macro.
What are the times the Macros are active?
(Macro Open) - 9:50 AM EST
(Macro Close) - 10:10 AM EST (Macro Open) - 10:50 AM EST (Macro Close) - 11:10 AM EST (Macro Open) - 1:10 PM EST (Macro Close) - 1:40 PM EST (Macro Open) - 3:15 PM EST (Macro Close) - 3:45 PM EST
To make it easy for the eye we can combine the
Macros with the PO3 concepts and divide the macro in 3 types:
Accumulation Macro Manipulation Macro Distribution Macro Accumulation Macro:
- Creates liquidity (Will get swept after Macro close)
- Often in the form of a retracement
- Skip trading these macros
Manipulation Macro
> Sweeps Sellside liquidity when orderflow is bullish
> Sweeps Buyside liquidity when orderflow is bearish
- Look for a liquidity sweep into an PD array for
continuation trades (ideally combine this with SMT and MSS for high probability setups) Expansion Macro
- Expansion in the pro-trend direction
- There was a form of liquidity sweep before this macro
- Ideally you are positioned in the beginning of the
macro before the Expansion occurs Here i show you an example of using the expansion Macro while trading. combining the Macros, Market structure and Time.