Foundation Presentation & Amplified Lecture
Trade Plan & Algorithmic Theory
- Foundation Presentation & Amplified Lecture
Trade Plan & Algorithmic Theory
Notes
- The Price Action Model 2 (PAM2) focuses on short-term trading using weekly range expansions, key price levels, and institutional order flow concepts to identify high-probability trading setups.
- The goal is to capture 50 to 100 pips per trade.
- Markets ignore the time shift, i.e., the transitions between winter and summer time.
- Institutional levels:
- Big-figure levels - 00 levels, such as 1800, 1.200, 96.00.
- Mid-figure levels - 50 levels, such as 1850, 1.250, 96.50.
- 80-20 levels - For example, 1820, 1880, 1.220, 1280, 96.20, 96.80.
- Small-rounded levels - Levels like 1810, 1830, 1,2230, 96.70, 96.90.
- This model uses IPDA data ranges to find PD arrays.
- If we have no PD arrays to choose from in the last 20 days, we will extend our period to 40 or 60 days.
- This model works with standard deviations derived from the Asian range, CBDR, or Flout.
- We can look for reversal trading opportunities after meeting our weekly objectives.
- We can also use OTE levels as a basis for our trade entry.
- We don’t trade on Mondays.
Short-Term Trading - Stage, Setup, and Pattern
Short-Term Trading - Draw On Liquidity
Short-Term Trading - Draw On Liquidity Example
Short-Term Trading - Potential Long Trade Example
Short-Term Trading - Long Setup
Short-Term Trading - Short Setup
Short-Term Trading - Logic
USDCAD Short-Term Trade Example - Balanced Price Range
USDCAD Short-Term Trade Example - Hourly Chart
USDCAD Short-Term Trade Example - 15-Minute Chart
USDCAD Short-Term Trade Example - Consequent Encroachment
Short-Term Trading - Trade Stages
Preparation - Economic Calendar
Preparation - IPDA Data Range
Preparation - PD Arrays
Preparation - Anticipating Price Movement
Opportunity Discovery - Identification Of PD Arrays
Opportunity Discovery - Identification Of PD Arrays On Wednesday
Trade Planning - Manipulation
Trade Planning - Bearish Conditions
Trade Planning - Bullish Conditions
Trade Planning - Short Targets
Trade Planning - Long Targets
Trade Executions - Bullish Setup
Alternative Trade Executions - Bullish Setup
Trade Executions - Bearish Setup
Alternative Trade Executions - Bearish Setup
Short Trade Management - Trade Entry
Short Trade Management - Trade Exits
Short Trade Management - Stop Loss Placement
Long Trade Management - Trade Entry
Long Trade Management - Trade Exits
Long Trade Management - Stop Loss Placement
Stop Loss Management
Money Management - Position Size Calculation Formula
Money Management - Position Size Calculation Example
Money Management - Reducing Risk After Loss
Money Management - Reducing Risk After Winng Streak
Backtesting
EURUSD Short-Term Short Trade Example - Weekly Chart
EURUSD Short-Term Short Trade Example - Daily Chart
EURUSD Short-Term Short Trade Example - Hourly Chart
EURUSD Short-Term Short Trade Example - 15-Minute Chart
EURUSD Short-Term Short Trade Example - 5-Minute Chart
EURUSD Short-Term Short Trade Example - Trade Entry
EURUSD Short-Term Short Trade Example - Alternative Trade Execution
EURUSD Short-Term Short Trade Example - Trade Result
Next lesson: ICT Price Action Model 3 - Swing Trading
Previous lesson: ICT Price Action Model 1 - Intraday Scalping