STEAL This SIMPLE ICT Liquidity Strategy - $2.5M+ Payouts (SNIPER Entries)

You know, we want to talk about A+ setup. This is about, what, 10 minutes and we're talking close to $20,000.

I usually trade 1-minute timeframe.

Yes.

But I will also monitor the 15-second and the 30-second chart.

Wow.

Yeah, it's not noise. It's not noise. I know a lot of people will say even 1 minute is a lot, but actually it's giving a lot of information. For example, the displacement and the speed, you can only see it on 15-second chart. Just literally telling you, even if you're blind, you will see it.

This trader did $1.1 million in a single day. Single payout using this exact ICT scalping strategy. One of the best prop firm traders in the world, introducing Candice Lam.

The one session, the move moving so fast. If you miss this information, you will just miss the entry. I gotta say, all the beginners, you have to master 1-minute timing first. If I have to use a larger stop loss to enter, that means that is not the entry point. This is not the correct entry point for my orders.

Okay, no, I like that mindset. Candice trades live every single day using this exact ICT scalping strategy. And in this episode, she breaks down that strategy step by step. You'll see trades where she makes tens of thousands of dollars in mere minutes.

This is just one account making $4,000. With copy trading like Apex, if you do 20 accounts, $4,000 can be a lot.

$4,000 in 9 minutes on this trade. And would you class this as an Apex setup?

This is Apex setup. And you can see I enter with a larger position size and also I hold for longer. But this one, I am just so confident of it. I can have a tight stop loss. So I just enter 5 contracts at the same time.

And not only that, Candice trades live the exact same concepts in this very episode on Chart Fanatics.

When we see something like this happen, you will already know your setup is going to happen. Even A+ setups can turn into losing trades. I'm not only taking A+ setups, but also B+ and C+ setups.

Gotcha.

And the reason is that—

Where should we begin today?

Well, first, thanks for having me. I mean, like, I know you asked me since last year and I was like, oh, it's I'm too overwhelmed for being on camera. But right now I'm kind of getting used to on camera and on the screen. So it's my pleasure to be on here.

Well, yeah, we should let everyone know that you livestream as well. You live trade on YouTube. So obviously, as you said, come a long way when it comes to the camera. But I'm sure when I asked you, it was near when you got that payout. I'm sure everyone was probably DMing you and messaging you. So I know I really appreciate you being here. And again, it's incredible that you not only have done what you've done and achieved, but also trade live. You know, live trading can't be beat because it's just the ultimate transparency. But, you know, today in terms of the strategy, where should we start here on the whiteboard?

Okay, so first, probably most of the traders already know that I'm an ICT trader. So I mainly trade ICT concepts. I did learn other concepts before, but right now exclusively trade ICT concepts only. And I Watch other episodes like Trader King and Tanya Trace, J Cap. So our concept is probably very similar because like it's ultimately the same concept. So I will show you, I think so some of the people that don't know ICT concepts, what is that? So for ICT taught us the market is run by an algorithm, which that algorithm will Targeting some liquidities and also creating liquidities. And those liquidities that are actually the stop orders.

Yes.

So this is like what traders always put their stop loss or stop limit on, maybe the swing high or the swing low. So these are what we are targeting on the whole trading plan. So because I trade both London session and New York session, And I mean, the trading model is the same, but we have to have different trading plan because obviously the volatility is different and, you know, the market condition is different too. If some of you already know AMD, which is the accumulation, manipulation, and distribution. So when we are trading London session, what we want to see for Asia session will be something like this, Asia range.

Okay.

Yeah. But like this is like just an example because price don't really act like this.

I know, I wish it did, right?

Yeah, yeah. So and the manipulation will be something like this. And then here, so this will be the London session we trade. And then the distribution will be this one, the New York session. So if we are trading London session here, like for example, this is the Asia high. And this is the Asia low. Then what we have to wait will be a manipulation sweeping this high. Then this high may not be like this, right? It can be just a relative equal high or daily high, previous daily high, or even session high, maybe New York PM session high, something like that. So because in ICT concept, we have a concept called kill zone. So there's London kill zone and New York kill zone. For London Kill Zone, it starts at 2 AM Eastern Time to 5 AM Eastern Time. So I don't— I have a rule for myself. I don't trade before 2 AM Eastern Time.

Okay.

Yeah. But like, if the move happened like this one, this liquidity sweep happened before 2 AM, I will not do anything.

You won't?

Yeah, yeah. I won't enter it because I used to do that. And obviously my experience told me This is not a good thing to do because you will just get rid. Yeah. So.

Do you think it's because, yes, sometimes it might happen before 2 AM, but that is on a lower occurrence, like it happens less of the time. But then let's say you get used to taking trades before, before 2 AM Eastern. So then when you've done it one time and it worked, you end up doing it a bunch more times and it doesn't work. And then therefore you're in this spot where Yes, you might be profitable. So a lot of people, they understand the concept, for example, but then they struggle with their discipline or struggle having the right rules. So your rule here being strict, I won't trade before 2:00 AM, even if it's setting up, right? Even if it is correct, because what it can do is then force you to then take more trades before 2:00 AM. And then those times it doesn't work out and you end up taking losses. And then there's, and it might be a case where you're profitable, but those losses add up to a point where you're break-even or losing.

Yeah. Does that make sense? Yeah, because like I'm from Asia. I was living in Asia at the time. So obviously during the Asia session, I already wake up. Okay.

Exactly.

Yeah. So I got nothing to do. Of course, I'm going to turn on the charts and want to see how price session is doing. And if I keep on staring at the chart, I will want to take a trade, which I did at my very beginning of my trading career. And but like. This is like a trap. Like price is like tempting you to get in a trade, but the real manipulation didn't happen yet. You may can, you probably can take some scalping, yes. But like if you want to capture a larger move, you probably need to wait for 2 AM session to start.

Yeah.

And since we, um, I trade London session for so many years, so I know that like for 2 AM, yeah, 2:30 And 3 AM, 3:30, there's gonna be a move. So this is like very important. I have to wait until that time to happen.

Perfect. So it was 2 AM to, is it 5 AM you said?

Yes.

EST for London kill zone.

Yeah, yeah.

Perfect. So within that time, you even have specific windows within there that will be more favorable that you would be looking for a move as well.

Yes. So for example, like, I start the live streaming on YouTube at 2 AM. So obviously I can't get in at 2 AM because I just start the stream. So I probably will just talk about my top-down analysis first, and then we will see if our setup happened at 2:30.

Gotcha.

If not, then we need to wait until 3 AM. Yeah.

And so when you see the sort of Asia high get run, really the foundation of your trading and this whole strategy, as you mentioned, is looking at that liquidity aspect. So from liquidity, you go down to AMD, which is essentially almost a full playbook of liquidity, right? So that accumulation, which is then accumulating those orders, the manipulation is then taking a sweep, sort of doing 2 things at once, right? It's taking stop losses or inducing some form of liquidity here. In doing so, it's probably buying, you know, adding in buyers, because a lot of people are then being manipulated in 2 ways. one, the shorts and those stop orders, and 2, those buyers then trying to think, okay, we're breaking out. So they start adding orders, which then adds more liquidity to the downside, which then you get that manipulation. And then of course from there, your distribution or your next move, right? The real move, if you will. So is that where you say like liquidity is such a foundation of your strategy?

Yes, I would say that. But this is just the framework. So when we are really looking for a trade, well, first of course we need to do the top-down analysis.

Of course, yeah.

Which including weekly candles and daily timeframe because sometimes they probably won't have Asia high because Asia session doesn't look like this all the time, right? Sometimes it's probably like this.

Yeah.

Because in recent weeks or months, Asia session sometimes got 300 points move or more or 600 points. I saw it before.

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So at that time, we can use this method. Because like there's obviously no consolidation for Asia. Then we will have to focus on the daily liquidity. For example, daily FVG or previous daily high or even last week daily high. So these external liquidity, in lower timing it's external liquidity, but like in higher timing those are internal liquidity. So I will focus those. Yeah.

And so when you have a session like that where it's not as clear, not as you know, textbook, if you will, in terms of a really tight range, then you would look at those higher timeframe liquidity points as your reference. And so let's say, for example, you know, it's a case where you don't have the tight range and you don't really have anything in terms of like a higher timeframe liquidity point. Is that when you just have to sit on your hands, take a step back?

I used to be like that, but since I'm live streaming, I can't just tell the audience, okay, today we got nothing. Just, okay, I close the stream now. It's not possible, right? So At that time, I will target something called midnight opening price, which is you have to draw a line from the 12 o'clock from EST. So that line will be used as a reference because it's acting like a magnet. So price will always want to come back to the MNO.

Got you.

Yeah. So I would target the MNO sometimes and also NWO, new week opening gap, NDO, new day opening gap. These are all very important for us to trade on the sessions.

These are the magnets for price, right?

Yes.

And do you find that, because especially when it comes to London, as you say, in comparison to say New York, is that those points are where price will keep accumulating? It's almost like the average price will keep accumulating and then you'll see the real move take place later in the day.

Because like I'm a scalper, so I don't really need to wait for Don't really need to trade the whole daily range. So this is like what a daily candle will form as AMD.

The whole thing?

Yes. Something like this. So price going up or maybe going down with value swing. So we keep on creating here, we call it the LRLR, which is low resistance equilibrium. Because like this actually happened all the time. You, if you look at the lower timing, it didn't have to be like, um, a certain session or certain macro. So when we see something like this happen, you will already know that your setup is going to happen. So all you have to do is just wait for it. But you have to be very patient because you don't know like when price like this, you may fall. Okay. The manipulation happens. So Right now the liquidity one will happen too? Probably not, because sometimes it's just one more trap. You need to wait.

Yes.

So yeah, this is the tricky point. So you have to be very patient for waiting the PD array to exist.

Understood. In terms of ICT concepts, one of the things that people can struggle with is the amount of different concepts, right? In terms of, we talked about AMD, we talked about liquidity. We've talked about low resistance liquidity runs, PD arrays, kill zones. There's so many different concepts.

Yeah.

So what was it like for you in terms of, you know, one, obviously learning, right? And sort of beginning to build more confidence and discipline around those concepts. But equally, I'm sure there's concepts that you don't use, right? Because there are that many. How did you go about sort of identifying, okay, these are the concepts for me, That worked best? And what did that look like in terms of like testing or over time sort of building your confidence?

Well, that's a really good question, actually. Yeah, because like I would say you have to find something that's suitable for both your lifestyle and your personality. For example, for me, I was living in Asia, so I'm not gonna spend too much time on trading or even tape reading the New York session because I will be exhausted. Like, I probably can do it once or twice, but if I do it every day, every month, every year, I'll die. So that's why I, you know, developed my own concept, my own model with trading the London session and the market open, New York market open.

Okay.

So because New York market open, if I still live in Hong Kong, New York market open at 10:30 PM. Okay. Yes.

Just about.

So yeah, so it's already like end of my day. So I don't want to keep on working. So that's why I will like Adjust my model, and also you have to look at your personality. Are you a person that okay for leaving a lot of profit on the table, or are you someone that you love to trail stop loss? Or if the price go back to your break even, you will be like really frustrated. So for me, I am the one that's frustrated about break even.

Oh really?

Yes. Most of the time I don't like to spend too much time on the trade. I mean, I know London session is kind of slow price session, so you will probably have to spend more time on it. But for New York session, I usually end the trade within 15 minutes.

Yeah, yeah.

So, and I don't aim for like 100 points, 200 points. If price just work like that, it's fine. But like, this is not my main target. So I just want the price to get into my target and I can get out. So sometimes my community will ask me, why don't you hold for longer? Like, why don't you become diamond hand? Yeah, but this one is actually making me feel better because if I hurt my mental capital once or twice, do it every time, it's not helping me at all. I don't feel good about keep on trading the same model. So you definitely need to adjust it for this.

And when it comes to that, the one question that comes to mind, as you say, And even though it might be unique to you in terms of being in Asia and then New York open being around 10:30 PM, but even for people out there, like learning how to be focused within their trading session so that they're really only focused on what's going on in that session so they can execute properly and to their plan. You know, for someone who's had their whole day and then is trading, you know, literally when your day's meant to be finishing. What was that like for you, you know, to be alert and to try and be focused at the end of your day? Were there any things that you would have to do or any sort of routines you would have when trading in Asia and sort of trading that New York open?

Most of the time I was trading 2 to 4 AM only, but because of the livestreaming, I sometimes have to continue the whole thing. So until 5 AM, but it's already 3 hours. That's a lot, right? Yeah. So, and then after the London session, I will take a break, like the pre-NY session. I won't even look at the charts. Like whatever happened is just none of my business.

Really?

Okay. Yeah. And then I will come back to the chart at 9 AM Eastern time. Yeah. So I will see if this kind of thing is creating liquidity. Most of the time it's actually there. Yeah.

Yes.

Most of the time it's actually there. So all I have to do is just wait for that manipulation and then target the low resistance liquidity. So it will end very soon. Yeah.

So would you say actually, by spending less time on the charts and allowing yourself to sort of rest and recoup so that when you come back to the chart, you're not, you have, because I think chart time is an interesting thing, especially when you're a beginner trader. A lot of people always tell you, chart time, chart time, chart time, which is kind of true in one sense. Like, okay, you can learn, especially as a very brand new trader. Cool. You can learn the concepts. You can, get a better idea of the charts and their movements. But once you have your models, I think more chart time can be harmful because especially if you're on the lower timeframes, right? You know, it's so easy to get sucked into trades, so easy to start having analysis paralysis because you're seeing up moves, you think, oh, bullish. You're seeing down moves, you're saying bearish, and start to overanalyze charts. Versus if you take that step away, you allow yourself when you come back to just dissect what has happened and then have a plan, right? So would you say that's a big thing for you is taking that step back? So not watching the charts so that when you do come back from New York, it's fresh?

Because like I used to spend at least 10 hours a day on charts. Like when I was still learning, you know, we got a lot of ICT videos to watch. And also, I mean, always taught us to like, Tape reading. So I wasn't trading, I just tape reading.

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The tape reading helped me to understand how price session works. What does it mean when this candlestick happen? Like when there's a hammer, when there's a shooting star, what does that mean? So these things are I mainly learn by chart time. So so this is necessary for beginners. I gotta say, but after a few years you get in profitable, then. Maintaining your mental capital will be more important.

More focused. Yeah, I know. I love that. I love that. In terms of where we've gone so far, so we've talked about in terms of the setup and the sort of thesis of the trade, but in terms of like the entry or going into those lower timeframes, what does that look like? Do you have like a specific entry model or is there multiple that you can look at entering if they present?

I would say 2.

Okay, perfect.

Okay. So I will, I can talk about the flow first, like how the thing actually works.

Perfect, yeah.

First one will be the higher timeframe analysis, right?

Yes, definitely.

The second will be you have to look for the premium.

For premium discount.

Yeah, premium discount. And the third one will be the thing I just talked about, the liquidity pool.

Yes.

So I think this one is very important because with our unobvious liquidity pool, there's no setup at all. So you have to wait until this thing happens.

So there's no liquidity pool? Or is it each one you need each one?

Sometimes there will be no liquidity pool.

Okay.

Things like that. Yeah. I mean, a small minor liquidity pool, but not as obvious as those like LRLR. And the 4th one is the Liquidity sweep?

Yes. How important is it to have criteria?

Yeah.

You know, like before being profitable, what did your trading look like? Did you have like fixed rules like this and things to focus on?

Yes, of course. For example, we talk about this is the manipulation, right? And after the manipulation, we have to look for the setup, right? So that setup I use will be mainly IFVG and FVG.

Got you.

Yeah. So I can show it here. So for example, price go down and there will be some bearish candlestick and bearish FVG too. So all we have to do when the bearish FVG happen, we already have to expect, assume this will turn into an IFVG because we know that this is the manipulation.

Yeah.

And all we have to do is just wait for a valid FVG. IFVG. But the valid IFVG means when price go back, so—

IFVG meaning fair value gap, right?

Yes, fair value gap. So when price, when we get another bullish candlestick, if we enter here, like inside the bearish IFVG, it's not a valid IFVG.

Okay.

Like it's not valid yet. It's still a bearish IFVG. We call it CB sometimes.

Yep.

Yes. But like, if you've been very familiar to this model and you want to get an aggressive entry, you can enter here. Like, sometimes I enter here, but for beginners that they don't know how to operate with that model first, you can't enter here. So you need to wait until a valid IFVG happens, which means these bullish candlesticks already passed the bearish IFVG.

Got you. Let me just highlight this out. So the value gap would be obviously the point between the candlesticks. Just for the audience, I'm sure, again, I'm sure, you know, a lot of the audience have already watched ICT videos, but just in case. So, and I'm not an ICT trader, so you can teach me if I'm wrong, but I've seen fair value gaps for a very long time. So let's say something like this, and then let's say something like that, right?

Yeah.

So then in this instance, if there's wicks on either side, the fair value gap would be these points here.

Exactly.

Right? And then what you're saying is, is that aggressive entry for people who aren't as new might be a case where if price comes in and closes like this, that's still bearish in this case, in this example, but an aggressive entry could look here, right? But as a safer option, and especially for beginners, you're saying a valid inverted fair value gap would be if price then Closed all the way, right?

Yes.

Which would then make that an inverted fair value gap where you would continue that over, I imagine. And what you're looking for, I guess, in terms of entry, I'll give it back to you now, sorry. And this was in relation to this sort of price move, right?

Exactly.

Perfect.

So yeah, we will want the candlestick probably a little bit higher.

Okay.

Yeah, because like, if it just One point higher or one tick higher than the original bearish FPG is probably not that valid.

Gotcha. Yeah.

But if we are just—

So a really aggressive move.

Because what we are looking for is actually the 6th point, which is displacement plus speed.

Got you.

That's why we need like huge candlestick close. Above it, the bearish average EMA. Yeah, but after it, we still have the average EMA entry, right? Price will retrace back to here. So you can still enter with the same entry point.

In terms of entries, do you look at using manual execution or would you look, in this case, would you have like a limit order?

No, I enter with market order. Okay. Yeah, because like, When I'm trading, I usually trade 1-minute timeframe.

Yes.

But I will also monitor the 15-second and the 30-second chart.

Wow, okay.

Yeah, it's not noise, it's not noise. I know a lot of people will say even 1-minute is noise, but actually it's giving a lot of information. For example, the displacement and the speed, you can only see it on 15-second chart, but it didn't mean I have to enter with a 15-second PD array. I just use it to see the displacements and the speed.

Got you. And in terms of that then, a good point to make. So like entries, for example, you're looking at 1 minute and 30 and 15 seconds, right?

Yeah.

But, so when people hear that, as you said, it's like, you know, noise or people can sometimes be like, oh, that's too aggressive. However, what I like to point out here, which you've already done, which is point number 1 on your plan, which is higher timeframe. Well, what does higher timeframe really come down to for you, would you say, in terms of which timeframes For this example, you know, are you specifically looking at— you've already mentioned weekly, daily before, but are there like the 4-hour, 1-hour? Which specific timeframes would you class as your higher timeframes and why? Before you get here, why is it important to have your higher timeframes?

I will like, besides the daily timeframe, I will use the 1-hour FVG.

1-hour, okay.

Like, I've been using it so many years. It's— I know a lot of traders use 4-hour, but for me, 4-hour isn't that important. It's actually not affecting the model or my outcome too. So I will only focus on 1-hour average. And sometimes even it's very small, the gap, probably, I don't know, 2 points. I will still use it. It just— because it works every time. That's why I keep on using it. So the 1-hour average will be— I'll see it as one of the liquidity pools, which is high time frame internal liquidity. But I will also use this as the lower time frame external liquidity. So if I enter here and I see a 1-hour average here, I will at least close it with take partial or, yeah, close the whole position.

Understood. Understood. And by having that higher timeframe, does that allow you, when navigating these 1-minute and the seconds charts, does it allow you to just have more confidence, right, in terms of what you're looking for?

Yeah.

Versus, you know, a lot of people, they say they do top-down analysis, but they don't really, right? They allow themselves to kind of, that's why they class it as noise. they allow themselves to get distracted by those lower timeframes and then get thrown off plan, get thrown off the original direction. So essentially they end up getting manipulated, right? So even though they might have the plan of AMD, if they have that plan in the first place, but let's say they do, even if they have that plan, they allow that lower timeframe to sort of get to them and sort of get their emotions riled up and get off plan, right? So do you find that having that higher timeframe focus And foundation allows you when navigating the lower timeframes for your entries not to get thrown off?

Yeah, sure. So because like, as I said before, I'm not those who trading the whole daily range. So switching to lower timeframe is actually helping the whole outcome because, for example, like there's RCT strategies aim for 20 to 30 points or even 50 points. And it can happen in just a short period of time. You don't have to hold it until it gets to 100 points or 200 points. If you switch to lower timeframe, you can see all the minor liquidity pool. And at that time you can just close the trade.

Got you.

Okay, perfect.

So this is the example of an inverted fair value gap.

I will like add one more thing is when price go back here, it's probably have another FVG.

Ah, yes. Okay. So for that displacement move.

Yeah. So it's a bullish FVG at that time. So you can You can enter here after the price retrace.

Perfect. And then target-wise, as you mentioned already, you'll be targeting sort of a higher timeframe. Is that where you'll be targeting a higher timeframe liquidity? So maybe that 1-hour?

Yes. And I also use one thing is RTH gap, which is the regular trading hours gap. So after the world market close, which is like 4 PM Eastern time, and then open again, so that gap, I will need to mark it on the chart every day. We have a lot of indicators doing this too. So that gap will be one of the very important references when we trade the New York market open. Yes.

Okay. And then is there any differences between when you're trading London versus when you're trading the New York open?

Yeah, exactly. So that is the RTH gap is actually make it easier for you to trade the New York market open. It doesn't mean that when there's an RTH gap, price will always go back to it. It doesn't mean that we still need the manipulation. We still need to see the liquidity. But when we have this as a reference, we'll understand how price is going to do, like what is it going to do.

Understood. Okay. And where should we go from here?

So actually, this is the entry, right? So, and when we see the displacement per speed, which is here, then we enter it. So I will set my stop loss here.

At the low, yeah?

Yeah, at the low. But sometimes if they're like, you know, New York session is just so volatile, probably if you set it on swing low, it can be 50 or 60 points. So I have like a rule for my stop loss, which I know like some traders probably don't agree with it because they will say you shouldn't use standardized points for stop loss, you should just use PD array. But for me, if I traded in London session, 20 to 25 points is my maximum.

Okay.

Okay. Yeah. And for live session, because of the volatility, I can use like 30 to 40 points.

Okay. So you would rather go with sort of an average that you use every time?

Yeah.

Okay. Well, where did you sort of pick that up from? Is that just from your experience of trading over time?

Yes. Actually, when we learn from ICT, you can see like his entry sometimes is 5 points or 10 points. So it's possible. It's possible. It doesn't mean we have to do this, but We're not going crazy to have such a tight stop loss. So when I used to trade London session, which is like last year, because like NQ wasn't 30,000 points at that time, so I actually used 15 points at that time. But right now, because like the range is different, so I make it larger a little bit.

So you make these adjustments based on the market conditions, like the volatility is higher, you know, okay, I need to increase. Accordingly, or if the volatility is low, you're able to then decrease accordingly in terms of the amount of the stock.

Yeah, sometimes, like, for example, after 600 points in the Asia session, the London session will be very volatile. And also you can see the spread, sometimes it's 2.5-point spread. So at that time, if you use 20 points, it's just not very practical. Yeah, I will lower my position size, probably switch to MNQ.

Okay.

Yeah, because I can— like, there's nothing smaller than 1 NQ, right? So I will have to switch to MNQ at that time. But the main point is, if I have to use a larger stop loss to enter, that means that is not the entry point. This is not the correct entry point for my morning.

Interesting. Okay. No, I like that mindset. And an interesting question is also, is do you— because similar, as you mentioned, like some people use swing low, that's the rule they have. Some people, you know, as you mentioned, having sort of more of an average A stop that you will focus on. And what about the target? A lot of people have a risk-to-reward model that they go for. Some people go for, of course, price targets. Which one do you opt for? Do you go for more of a risk-to-reward, or do you go for, you know, price itself? Let's be honest, most traders don't fail because of bad setups. They fail because they have no one in their corner telling them the truth. TradeZella gives you just that. And it never stops working. This isn't just a trading journal; it's the all-in-one platform built to make you profitable. Powered by an AI copilot that is literally by your side every single session, watching every trade, learning every pattern, and guiding you toward consistency in real time. The second you close a trade, your AI has already captured it fully. Fully automated. Synced directly from your broker— nothing missed and nothing manual. It lets you replay any trade tick by tick, pip by pip, so you can see exactly where your mind went wrong or right. And it runs your strategies through years of real market data, so you know your edge before you risk a single dollar. And through all of it, your AI Copilot is connecting the dots, flagging what's costing you, protecting account and doing the analytical work so you can focus on trading better. And that is what it feels like to have an AI working for you. Now, if you want that AI copilot and see your trading excel, the link for TradeZilla is in the description below. Use the code CF20 for 20% off your yearly subscription or CF10 for 10% off your monthly subscription. If you're a trader, you have to know about Chart Academy. Chart Academy is the first all-in-one free trading education platform. That's right, absolutely free. No catch, no upsells, no links to sell you something. All free. Proven world-class traders providing an A to Z masterclass on their strategies, their concepts, and their processes that make them the best. From futures, options, crypto, stocks, and forex, everything is covered on chartacademy.com. Whether you want to fix your trading psychology or learn from a market wizard directly, you can do it all on Chart Academy. Not only that, by just spending time on Chart Academy and bettering yourself as a trader, you can get points that unlock exclusive discounts, free trials, and free accounts with your favorite prop firms and trading softwares. Don't take my word for it; Chart Academy is live. The link is in the description below. Now let's get back to the episode.

Well, I would definitely need to use at least 1 to 2 withdrawal ratio.

Minimum 1 to 2.

Yes. So I use bracket order to enter. So that bracket order is 1 to 2 withdrawal ratio. And then I will adjust it to the closest liquidity pool, which was like the model that targeting.

So you want a minimum 1 to 2, but let's say if the liquidity pool is 1 to 3 or 4, whatever it may be, then you happily extend it to that area. Okay. And then you mentioned already that you'd rather sort of be in and out than, rather than capturing the whole daily move.

Yeah.

You know, are there times or certain conditions where if you see it, you'll adjust your profit or take profit, sorry? Or are you someone who scales out and then can maybe just move your stop loss higher and higher? Because I'm sure there, I've seen actually from when you've livestreamed and posted results as well, Sometimes you do get those bigger, bigger moves. So what's the difference in those days when those happen?

So it just has to come back to your personality. Because sometimes for the whole bullish move or bearish move, I can only capture like 5% or 10%. But to me, to be honest, I feel nothing. I don't feel hurt or painful or frustrated. I feel nothing because My target got hit. This is my trading plan. Everything aligned and I get my money. It's a double J. So I feel nothing for that. But if you are not that kind of person, then you will need to adjust the model to be like, keep on trailing your stop loss.

Gotcha.

And you need to have rules for your, like, how many bearish candles will you close the trade? Like, if the price goes like 100 points, you will move your trailing stop loss to 30 points. Like these kind of rules for yourself.

Okay.

But for me, I don't need it.

Have you always been that way in terms of being able to accept, yeah, I've got my win for the day?

Of course not. Of course not. Like I hurt myself so many times. That's why like I can, I know that this is the thing I want. So you have to like experience a lot of trial and error before you get your customized model.

So what helped you, would you say, to get to that point where you're okay with Hard time and experience.

Yeah, for real.

Definitely. You know, it's so interesting because I think a lot of people are always looking for like a secret answer or like some sort of secret out there. But in reality, I think— is it— do you think it comes to a point where rather than looking for an answer, you realize, as you've said many times, understanding your personality? And the more you start to understand that and realize how you react or how you feel and start making rules around that instead, the more you'll start to see progress and start to Maybe even trust yourself to make the better decisions?

Yeah, so I would say the after-theory thing, you have to do the backtesting. And when you do the backtesting, you have to separate it into many templates. Like, for example, the first one is you just close the trade when the move is just 5% or 10%. And then second is like you trail your stop loss. And how do you trail your stop loss? Like over 100 points or Like, will you close manually when the price retraces back to 3 bearish candles? Things like that. You have to have different templates and see how your trading data tells you. The result is telling you. And I know, of course, people will say backtesting is different than real trading.

Yeah.

Of course, because we're just like practicing the strategy, your mental capital and your psychology, you need to practice it with demo trading. Yeah.

And then in terms of when it comes to prop firms, for example, is there anything you do, not differently necessarily, but is there anything specific when it comes to you managing prop firm accounts and trading prop firm accounts when it comes to your targets or anything that you will implement when you're trading props?

So for example, like my APAS account, I was trading $50K.

Yes.

And at that time, there's a 30% consistency rule and also a negative 30% drawdown. So you can't go down than 30% drawdown. So because of those rules, you definitely need to adjust your trading strategy. So at that time, but I'm a little bit aggressive, I gotta say, because on $50K account, I will trade 2 NQ.

Okay.

Yes, which is, I saw a lot of traders said you are crazy if you trade NQ on $50K. Which I actually trade too, thank you. And that's why I trade them on London session because of the volatility is lower.

Understood, okay.

That's why I can get a tighter stop loss. And even if I, like, my trade idea is wrong, I get stopped out, it's just like, I just lose probably $500 on that $50K account. So I can have at least 4 chances at the very beginning.

Understood, understood. And in terms of one random question, Uh, it's still on topic, but you know, you've referred a few times to, you know, being able to, one, obviously ICT's concepts, that's the strategy, but equally, you know, in terms of like, you've seen and sort of observed ICT, you know, have sort of smaller stops and so on. And some people consider me like a hater of ICT, which I'm not, which I'm not. Um, like, I'm not a big fan of, you know, some of the, uh, stories, um, around the strategy and stuff, but that's just my personal opinion. But at the end of the day, as you've seen, as you've mentioned, like I've had Kane on, I've had JadeCap on, I've had Tanya on, I've had a lot of ICT, very successful ICT traders on who, you know, performed extremely well. So there's no doubt in terms of the strategy and what's possible, including yourself, right? You've absolutely annihilated these prop firms and done incredible returns using ICT concepts. What my question is, is in regards to, okay, you know, you hear all this noise around ICT and ICT himself doesn't necessarily prove profitability, right?

Mm-hmm.

But to you, it doesn't matter, right? You've created a profitable strategy yourself from it. Like, how have you gone about, one, ignoring that noise, and two, you know, being able to develop this strategy from these concepts that, again, maybe, you know, there isn't a direct education in terms of like you're watching YouTube videos and sort of, you know, observing tweets and so on. It's not like you have an actual ICT mentorship or course that you've joined, right? So what I'm getting at is there's probably a lot of people in the audience right now in that same position where they see the noise, they have people trying to create doubts, but then they have the proof as well from traders like yourself. And they're in maybe in that bit in the middle where they're kind of confused of what to do. Like, what helped you to just focus, to have that confidence behind what ICT is teaching? What allowed you to do that?

Great question. And because I said like before ICT concept, I did learn other concepts too. For example, like brick astrology. I was trading stock at the time. So yeah, I tried a lot of like recipes. And when I first hear about like ICT, I was like, oh, just another guru, right? Just another course seller, probably. I don't know. But like I changed my mind until I Listen to one of his Twitter Spaces. So I don't know if you ever listen to his Twitter Spaces.

I've been in one or two.

Oh, really? So he not only talk about trading strategy, it's actually not even talking about trading model or entry. It's mainly about trading psychology.

Gotcha.

Yeah. So he's actually telling us how his experience to become a trader in life. So how your personal life will affect your Like trading performance, because as traders, we're actually a performance-based career. It's like the professional athlete. So your conditions, your mindset will all affect your trading performance. So if you are not happy with what you're like, for example, you want to prove yourself. For example, your families, your friends doesn't think trading is a career, it's gambling. Or you get some payout, but people say you're a scammer. So you want to prove yourself, right? But if you drill in that situation, your mindset is just not the correct mindset. You're actually doing it wrong. So because when I learned other concepts, though gurus didn't tell me this, like I was thinking, just learn a proper strategy, then I will become profitable. But no, because if we want to see this as a lifetime career. So we understand, you have to understand, as a trader, it's not just work. Your personal life is also part of the traders.

Yeah.

So this is why after listening to his Twitter Space, which is a lot, right? Like probably over 100, but those are the gems, I would say. So I always recommend my community, don't just watch the IC videos on YouTube. You have to Listen to his Twitter Space, because if you want to improve your trading psychology, those are the places that you should look for.

It's interesting you mentioned that because I heard that feedback many times, the reference to Twitter Spaces, right? And again, when I remember I was in one and I was, same thing, it was very similar in terms of like the depth of his explanation around trading psychology was something I hadn't heard in other from others or even from psychologists, you know, actual trading psychologists. And it took me by surprise as well. I was like, I can see why a lot of people resonate because it seems like he's able to sort of step inside the mind of the average trader where they're at, you know, and be able to actually kind of talk through at quite a deep level in terms of, you know, why traders might react in a certain way, how you might feel on a certain day. And how you need to be able to overcome that. As you said, as performance, you know, career that we're looking at in terms of trading. So I love that. No, definitely. Before we move on to say the actual chart examples, is there anything else that we should cover here? I know we've talked about the entry, we've talked about the target, talked about the model as a whole. Is there any specific rules you have when it comes to trade management? I know we talked about, you know, the sort of risk to reward side as a minimum that we need, and then the target. But is there any specific rules that you have? I know we've mentioned already that if a day is more volatile, there'll be different rules. But are there fixed rules you have around risk management?

I think I'll add one more is like, I would trail my stop loss when the minor liquidity gets ripped.

Okay.

So it can be Buy side liquidity or sell side. But the minor liquidity can be 15-second chart or 15-second charts. So sometimes there's an equal high on 15 seconds, but you can't see it on 1 minute or 5 minutes. So if those things happen, we have to trail my stop loss. So it doesn't have to be breakeven, but usually at least trail it to a tighter stop loss.

Okay. So is the mindset around that, that once that sweep has happened, price shouldn't be returning there anyway? So it allows you to manage your risk a bit better in the sense of, as you said, it might be on the 15-second, but now you've taken your, let's say, a stop that is worth $500 as an example, because in your mind that liquidity sweep's taken place. It means that price shouldn't be going back there again. So let me adjust my stops. And now I've got $400 of risk or $300.

It's kind of a reversal strategy right now I'm using. So We are trying to catch the reversal, but sometimes actually price is just too bearish. So it did sweep the liquidity, but not your target, your ultimate target. It's just the minor buy side liquidity. And then it will keep on going bearish. And at that time, if you don't take partial or trail stop loss, you will hurt yourself.

Understood. So would you say that actually those rules are so important for you to be able to be in the position 'Cause like you said, that might not be the actual move. So maybe that gets stopped out, or the breakeven, or the smaller stop gets taken, but the real move might happen next, and you still might take that trade.

Yeah.

And if you don't manage your risk in that way, some people, when I say aggressive, it's not in a negative way, it's more like proactive, you know, being quite proactive with managing your trade. And I know Kane's very similar. So when you do that, that allows you to make sure that when the trade does take place next, or the next entry criteria is met, you're able to execute that trade.

Yeah.

Still have capital to do so. Hopefully still have mental capital as well.

Yeah.

Because you know you managed your trade proactively.

Yeah, exactly.

So would you say it's a huge part of your edge?

Yes.

Yeah. Because do you feel like, not that people struggle with that, but that is something that people do have to train for and get used to, is proactively managing trades? Because a lot of people might just leave their stop.

Right? Yeah.

Where it is, take the full stop. The next trade comes, then they, they might, it might happen again, for example, and we'll go into the, the rule around that. But let's say that it happens again. Now they're on tilt versus if they proactively manage, maybe they might have got a breakeven because the price allowed them to do so. So they haven't lost anything. The next trade comes along, maybe they do take a loss, but it's only half. And then let's say the third trade, just for example, that's the one that works out and you were still able to have that mental capital preserved to execute effectively. Is that the mindset around proactively? Yeah, managing your trades.

It's actually happened to me many times because as I'm trying to catch the reversal, sometimes I'm being too aggressive because I enter with an aggressive entry. So there's no valid IFUG yet, but I enter anyways. I just want a better risk-reward ratio. That's why I enter. Then I hurt myself. But because of like, I trail my stop loss to breakeven, that hurt is actually not— it's only hurting my mental capital, but not like my profit. So I can just wait for another manipulation to get done, or maybe just skip the day. Maybe it's just too bearish. There's just no reversal. Yeah.

Got you. And this was gonna be my final question on this point is, do you have a rule of how many trades you can take? You know, as long as it's valid, is there a rule of like, okay, once I've gone to, I don't know, 2 or 3, if it hasn't worked out by then, I'm finished for the day? Or will you keep taking the trade as long as it's still valid, as long as it's still setting up?

I would say it depends on if I'm trading my personal account or funded account.

Okay.

Yeah, because for funded account, you know, you will blow up your account because like a $50K account and $150K account are different too. So for me, if it's an account that already built some buffer, yeah, so probably $150K account, but now I got $160K for the whole total account balance, I would set $3,000 for my personal daily loss limit. So it doesn't matter how many trades because sometimes I may trail the stop loss where I maybe I just take partial and price go back to my entry.

Got you.

But if it's $3,000, they lost the mint, I will just stop.

Okay.

Yeah.

So you have a limit, but rather than trades, dollar amount.

Yes.

Interesting. Very interesting. And then you'll just have the similar rules depending on the account size.

Yeah.

It will adjust the amount. And then personal-wise, do you have a similar rule?

I have some rules, but like obviously it's gonna be percentage of the capital.

Gotcha. Understood. Yeah, I love that. Okay, cool. But so now we should go on the charts and look at actual trade examples from this, right?

Perfect. So because I talked about for London session, you have to look at how's the Asia session working first. So is there Asia range? Is there accumulation? Can we find the Asia high, Asia low? And also if there is any LLLL, low resistance liquidity run. So this is one of the examples for the London session trade. I actually took it on livestream too.

Okay.

So before the London session starts, we need to take a look on the Asia session and find the liquidity pool that we're targeting. So the first thing, higher timeframe analysis, I've already did it on livestream, but when we switch to the lower timeframe, we'll see We got liquidity pool here. Yeah. And also we got a liquidity sweep here. This is very smooth. If you like take a closer look here, we got equal high. So it's literally telling you that I'm the liquidity pool. It's just literally telling you. So it's impossible if you can't see it. I always told my chat, my live chat, even if you're blind, you will see it because it's just that obvious. So after the liquidity sweep here, so you can see the time is 1:56, right? So with this Tradezilla trade replay function, we will just get into a trade here.

So now we're past 2 AM.

Yes, we passed 2 AM.

With your rules.

Yeah. And after this liquidity sweep, we keep on creating low resistance liquidity here. So I can just zoom a little bit here. Or so smooth, so smooth. It just, you can't ignore it. And the reason I enter here, you can see after we sweep the Asia high, we got a bearish FVG here, which is a huge gap, right? And also we got a wick here, which is a little bit small. This gap is hit by this wick.

Yeah.

So this is FVG entry, but the reason I did an entry here, but I enter here is because we actually got a bullish FVG here. So this is the bullish FVG turned into a valid FVG. And also one more confidence is we got a wick retrace from this FVG. So it's literally two confidence, two PD array is like. Adding more possibility for the trade to success. That's why we enter here. And then if we keep on clicking, so I get out here, you can see.

Yeah.

So we still got a lot of lower liquidity, sell side liquidity here. But the reason I ended here, you can see actually for 591, 590 to 530, it's already 40, 50 points more and more. For London session, that's a lot actually. And all our minor sell-side liquidity and major sell-side liquidity got swept. So of course you can still keep your trade holding, but as I talked about, like, I just like to end my trade with even 5% of the move.

Yeah.

I don't need to like hold longer for diamond hand because price can retrace back to your entry point someday. So for London session, because we are trading the manipulation for the whole daily timeframe, so we can't like expect it to add like New York session. We can't be too greedy.

Of course.

Yeah.

So it's just understanding the session you're trading. And to your point, you know, the main point that's been throughout the podcast so far is your personality, that you're— that's the trades that you like to take, right? So when you combine both, the session you're trading and the realistic expectation with your personality, that makes it much easier for you to just follow your plan and be okay with it. Because yes, you could look at, okay, this extra move here, but then it's come back to where your take profit was for now. And I'm sure if we keep going, it could even go back to entry. But again, there's also thinking about the other question I was gonna say is we have this move in the space of maybe, and this is a minute chart, right? Space of at maximum, well, we can actually check to be fair, which was, 2:24 EST. So we're talking 9 minutes versus you could hold a bit longer and yes, it goes lower, but then let's say by the time it gets to here, we're talking, what is that? That's an hour.

Yeah.

Almost, right? 2:24. Yeah, it's literally an hour. So now imagine being on the 1-minute chart for an hour. Yeah, that mental capital, that fatigue, the P&L changing, you know, going from What was this? How much was this trade in total profits?

It's $4K.

$4K, right? So like, imagine, yeah, okay, it was $4K, but then it went to, it might've gone to, I don't know, maybe $8K. And then seeing that P&L for an hour going up and down, up and down versus $4K in 9 minutes, right? And that sounds really sexy, guys. I know the clip, the $4,000 in 9 minutes on this trade. Cool. But the reality being exactly what Candice has gone over this whole episode so far is the process, right? She gets paid that for this 9-minute trade on this particular trade. Not all trades are like that, of course, because of the process, because of the rules, because of the discipline, right? Rather than, you know, potentially you could have hold it longer and people could say you could make more, right? There's more targets to be met and so on. But then again, they don't think about the hour-long of seeing P&L fluctuating, every candle coming in, our natural mind starting to second guess. Did I make the right choice? Did I not? Should I get in? Should I not? On top of which, even worse is like, should I add? Should I get in more? Because this is going to drop and I could make— and what happens? We go, ah, $20K, $30K, and make the losses I lost last week, right? Or I could pass these funded accounts, right?

Yeah.

It's just so natural for our minds to start getting ahead of ourselves, right?

And you can see the trades. I actually like close the trade at just 50% of the move. So for some of the traders I know, they will probably just trail their stop loss to breakeven and then leave a runner. So they take partial here, they leave a runner. So you will just go back to your personality. If this is what you want, you can always just customize your trade execution. So yeah, I will show you another London session trade. So this one, I got a screenshot I post in my Discord.

Amazing.

Yeah. So for the London session, like, as I always talk about, we did LLLL, low resistance liquidity run. So once again, it's here. So if we take a look on the—

this is a buy example, right?

Yes, exactly.

Nice.

So it's actually very similar to our last chart. It is, yeah.

So would you say there's some liquidity swept here at these equal lows?

Yeah, exactly. So after the liquidity sweep, actually, when these kind of bearish candlesticks happen, you have to assume that entry will just exit anytime soon. You have to get ready for that. Because like these kind of displacement is actually telling you something, that this is the manipulation and this manipulation leg is sweeping the main liquidity here. And also on the upside, we're creating low resistance liquidity. So all we have to do is just wait for a valid IFVG if you'd be more conservative, or just getting an aggressive entry within the IFVG. So here in the chart, you can see it's like 4:15 AM Eastern time here.

So this is a little bit further into the open, like you're towards the end of the kill zone.

Yeah. Okay. So here we got an RPG. You can see this is relatively aggressive because the whole gap is large, right? And we enter here. Yeah. But if you switch to a 15-second timeframe or 30-second timeframe, actually we got a bullish RPG here. So, but like, this is because I'm very familiar with this trading model and, you know, I have a lot of experience for trading the 15-second timeframe. So for beginners, I would Highly suggest you just wait for the candle body close above this IVG. So make sure it turns into a valid IVG.

Okay.

Yeah.

One question, uh, in terms of the timeframes, like, would you say it's correct when it comes to mastering the lower timeframes, and especially if you're going to venture into the seconds, make sure you've mastered the 1-minute, make sure you've mastered each of the higher ones first?

Yes.

As you move down?

Yes.

Because do you think a lot of people, like, they haven't really spent time on the 1 and then they're trying to do the seconds?

For example, yes, actually before trading the one-minute time frame, I actually trade five minutes.

There you go.

Yeah. Yes. So I know if some of the traders they can't just sit in front of a chart all day, they probably just working at the same time. So you probably need to trade the fifteen or even higher.

Gotcha. Yeah. Mm-hmm.

Gotcha. So as everything just align with the trading model that I talk about, you know we got the liquidity pool up here, we got the liquidity sweep, we got the IVG, we enter. All the way here. So you can see I didn't hold it till the end. I just closed my trade for the second swing high.

Yep.

So if you are like more conservative, you can just close the trade on the first one, or you can leave a runner on the upside. That's totally fine. It just depends on what's your like risk tolerance is and how much profit do you want? What's your target?

Well, this was again, another $4,000 trade. Do you find that a lot of your trades sort of follow a similar dollar amount if it's a similar type of account and so on? I'm just going to check as well.

Also, it actually depends on your like contract size.

Of course. Yeah. And then with this one, this one is actually, you know, $4,000 in roughly 4:22, similar, 12 minutes in this case. I was just checking to the left. So when around the 2 AM mark, you sweep this liquidity here, for example.

Yes.

Right. Would this move here be something that you would look at? So for example, this impulsive move here, swept this liquidity to the left. Is this anything here that would be valid for you, or this is the valid move for you over here?

Sweep this liquidity, like, for example, if we sweep this low and we instantly get a reversal here, yeah, that can be my entry because we did have some buy side liquidity here. But the thing we miss is the displacement per speed, which is if we zoom in, you can see the drop with these 2 candlesticks and this a little bit different.

Okay.

And when we monitoring the chart, we need to see it on probably Tradeway or NinjaTrader, some of the trading platforms, because on TradingView, The candlestick moves differently. So the speed, you have to check on your trading platform charts to see if this is the real speed. Because right now we are just high inside, right? Because there's a huge bearish candlestick. But at real time, like, how is this candlestick move? Is it chopping and then finally become this or just one drop and then form the huge bearish candle?

Understood.

Yeah.

Understood. Okay. Perfect. And then should we see where this, uh, in the end, let's go a bit further forward. Look at that. It's a prime example of, you know, how some might say, oh, you're, you're getting out too early. Well, look at that.

Yeah. Right.

Because that would've been a loss. And not only that, you would've held for an extra 30 minutes almost.

Yes.

Seeing your P&L go away. And then that's a prime example right there. Where again, it sounds amazing, $4,000 in 12 minutes, but that doesn't matter. What matters is process. And you followed your process. Your process allowed you to make $4,000 in that time, whether it's 12 minutes or 12 hours, it doesn't matter, right? Your processes were mad. And if you didn't follow your process and you said, okay, look at all this liquidity I could target up here and I could have a $20K trade or even, you know, could keep going higher, right? But look what happened.

Yes. And I was trading funded account with copy trading. So this is just one account making $4,000. But with copy trading like Apex, if you do 20 accounts, $4,000 can be a lot. So you don't really have to target, you know, the end, like the swing high. If you make like a few thousands on one account with copy trading, you can make a fortune.

It's incredible. It's actually, I love the lesson here though. Really, because, you know, I think that's where a lot of traders go wrong, is that they, every time they get into a trade, they're trying to get a home run, right?

Yes.

And not every, you know, home runs happen, very few in a year, but when they happen, they're great. But it's by having, this is what would you class as like a base hit trade, like the same as the last one? Like this is the trade that will happen on a more regular basis as long as you follow your process.

Yes.

And these trades are actually what pays for the moment And gets you to that home run whenever that happens. But expecting every trade to be a home run, and I think there's multiple reasons why, you know, of why traders do that. And I'm sure we've all been there, you know, to be fair, which is where, whether it's the props, it's not the prop firm's fault, but, you know, certain rules around prop firms or trying to pass a prop firm or trying to get close to a payout could be one, the pressures of that. Two is not understanding your personality.

Yeah.

Yeah, for sure. 3, I think, is not understanding the session you're in. So, you know, a big point of what you made is this is London session. London session doesn't have as much volatility for the most part. So understanding to get in and out, you know, makes sense for London session, for this move. And this is a prime example of why, because that's enough points, yes, to expect the whole daily profile to play out in London session is unrealistic, and you will then be— You know, you'll learn why that's unrealistic if you were to hold, right, and not follow that rule and understand the nature of that pair and that volatility. So, you know, the rules that you've set out today so far has really shown, and even in these trade examples here, you know, I'd really tell everyone, you know, make sure that after this episode, one, obviously go study, of course, but two, go watch your live streams because you're doing this in real time. Like, we're going through trade replay here. Maybe we'll have a live trading segment. I'll have to to ask you afterwards. But what I'm getting at though is you trade live. So go check those out, those live streams, because it's one thing us doing this afterwards and showing trades that have happened on live stream, which is great as well. So you can see the date there. So you can go check it from when it was live as well. But nothing beats that, right? Seeing this live as well. And you trade London session most days, if not every day. So yeah. But I know we have more trades. I know it sounded like we were ending there. We have more trades we're going to go over.

Yeah.

But it's just such a great lesson, you know, to really see why, you know, while some might be like, oh, you're just closing the trade, but this is why, look, you know, you would've held for an extra half an hour, triple the time of the actual trade, just to see your P&L go and then probably take either a breakeven or a loss, which what happens next to most traders? You know, they'll probably be jumping in and it might even go down again. And then you're on tilt, then you lose your funded account, then you lose your payout, then you lose your, you know, and then what happens after that?

Grow up.

Exactly. And, uh, you know, we've all been there, so there's no judging, but it's a prime example of what you've shown today of rules, process, understanding yourself is a big one. Yeah. I love that.

All right. I will show you some neural session trades because like I don't livestream neural sessions. So a lot of my community members always ask me like, can you please at least livestream one neural session for us? But like, I would be too exhausted. So sometimes I'll just post some of my trade executions on Twitter or in my Discord.

Do you find another reason for that? One, obviously, is it's late in the day. Two, you already stream London.

Yes.

But something you mentioned earlier is that New York is fast.

Yes.

So, you know, yes, you could stream and yeah, okay, the community might want it, but for you to execute, do you find you need to be focused?

Exactly. And, you know, I trade, I love to trade the pre-market open and the market open. It'll be like around 9:30. So the trade ends very soon. So if I livestream, the livestream will end very soon too. Then I don't have time to chat with the live chat because I was focusing on the chart.

Well, that's the thing. At the end of the day, you know, the real traders and the people who are focused on trading, you know, they can't always just focus on content. You know, the fact that you're doing London is great. And I like the fact that you haven't, you know, you understand that about yourself and, you know, it's shown again throughout this episode that you've said, hey, you know, yeah, you could, Maybe make more money or make more people happy or make more content if you did New York session. But at the end of the day, your trading would suffer potentially, right? So why do that?

Yes, because like after all, we are traders. So trading should be the first priority.

Exactly. And you trade both. You trade props, cool. But you trade personal as well. Because I know a lot of prop traders don't. They only trade props, right? So maybe it's a bit easier for them to say, okay, even if it might impact my trading, I'm trading props, right? The personal capital is put, you know, there's no reset. There's no chance to be able to say it's not worth risking, right?

Okay, so this is one of my newer session trades, and you can look at the time. It's actually not even 9:30 open yet, but because I turn on my charts at night because I need to like do some analysis before the whole trading first started. And here we can just focus on what we need. The first thing is the Creep Pool. Second is the Liquidity Sweep. So yeah, here we take a look on the chart and we got a wick out here clearing the buy side liquidity and we keep on creating sell side liquidity on the downside. It's actually very similar to those trades that we just revealed, but the difference is this is New York session. So everything will happen a lot faster than New York session, than London session. And also you have to be careful for your stop loss. You will need a larger one because a small retracement can hit your stop loss if you got a too tight stop loss.

Yeah.

like 20 points. So here we can just— so you can see here, I didn't enter here, here, but I entered here. So the reason why is we actually, before this bearish candlestick happened, we actually got multiple times like the same bearish candlestick. So for me, the first one happened, it looks like a trap. It looks like another trap.

Okay.

Just like these, just like these and these. So I did wait a little bit and it was like 9 AM at that time. I just turned on the chart, man, I need some time to get ready. So I did wait a little bit and then we got another displacement. So this is the thing that I'm looking for. So I always want to see displacements and speed. The first one is here. I was assuming maybe it's a trap and turns out it's not a trap. We got a second. Bearish candlestick. So I enter here. So if you take a closer look, you can see actually this wick, we got a retracement back to this whole FVG. And when there is an FVG and a volume imbalance, we call it VI, we need to combine it too. So this will become one FVG.

Gotcha.

So even when the wick or the candlestick just go back with the volume imbalance, it will still count as A retracement to your FVG. Okay, so you can enter there and you can target on the lower. Oh, it's going too fast. So you can target the lower sell side equity, which is I take partial here. One is here and the other is here. So you can see with these trade repay after. The price hit my target. It just got the quick retracement with a long wick.

And that was at the open as well.

Yes. So the manipulation is killing my sell-side liquidity. This is exactly.

And this is a good, well, another good example of exactly what we were talking about before we got into this New York trade. It's like that level of speed, because this is on the minute chart and I imagine you'd probably have the seconds up, you know, when you were trading live and when you were trading. You know, to be able to, and again, this is quite a fast trade in terms of the amount of minutes, maybe 10. And if you were live streaming, you're trying to explain what's going on and, you know, the market's about to open, everyone's hyped, the chat's hyped as well. It would be so easy to miss a few seconds or miss a couple minutes even, and that trade's reversed, right? And gone back. And so it just highlights really why, you know, you put that focus on and speed necessary for your style and the way that you're trading as well around that New York open. But it's a great trade. The interesting one here with the lesson you gave there is like you noticed the displacement already happened outside your trading time, but you've seen, yes, we're seeing the displacement 1, 2, maybe 3 times you could say, but it's not resulted in anything. It's built liquidity for you, which then could mean that again, as you mentioned, the This time, yes, it's just 9:00 AM, so you wouldn't want to trade anyway because you've just started. 2, you've seen it doing this 3 times now already, so it could just be a trap. It could be just another, you know, of the same move. But then once it confirmed, and this is now 10 minutes later, you know, getting past that, you know, into your time, you've already broke down price and set your liquidity points and what's been swept up here. And then it displaced again. Breaking, I don't know if, what did the break of structure of these lows sort of give you that extra confirmation as well? Because now not only time-wise is on your side, liquidity sweep on your side, a second displacement, which then broke those lows. Does that then double confirm it for you where you say, okay, this could be the move here, and then you have your liquidity points to target, and as simple as that, then manage your trade accordingly?

Yes, definitely. And you can like realize one thing is, I take partial here, which for all the trades I showed here, I didn't take partial. I just hold it till the end. So the reason I take partial for this trade is I know I enter late.

Okay.

Yeah, because most of the time I enter with the external liquidity sweep, which is like the first distribution leg, and this one is the second. So I enter late, so price may just sweep this low and just go back. This is totally possible because I I didn't get a nice risk-reward ratio for entering here. That's why I adjust my model for taking partial here for the low. So if I enter here, I probably won't because even price retrace, I may still can just go back to breakeven.

Of course.

Yeah.

So what would you say in terms of this trade? Is this a trade that you would, you wouldn't class it, I imagine, as an A+ sell?

Yeah, definitely not an A+.

Is this something you would take again though? You know, let's say if it was to set up in a very similar way, all the other sort of criteria you talked about in a very similar way, you'd still take it?

Oh yes. I always tell my community that I'm not only taking A+ setups, but also B+ and C+ setups. And the reason is that like, I try to take only A+ setups. So I wait for all the conference, high timing analysis, following all my rules. So, oh, there's an A+ setup, I can finally enter it. But turns out it's a losing trade. Because after all, trading is about possibilities. So even A+ setups can turn into losing trades. And you wait for so long and you got so much confidence, everything aligned to enter, A+ setup turns into losing trade, it hurts your mental capital so much.

Is it? Yeah, that's an interesting point.

That's why I find it actually entering with B+ setup and C+ setup with less position size, It's helping me make more money.

Understood. That's very interesting. Yeah, that's going to be no doubt a talking point for our Words of Wisdom podcast as well. And I'm sure people will be wondering. If you don't mind, I'll just skip forward a little bit to see here, just out of interest of what happened. I know, again, prime example of why, you know, taking profit the way you have, managing your trade the way you have. It's so important. You know, it's so easy, I think, as traders to just try and hold for the biggest target. And I think, again, knowing your personality and your strategy, how many traders do you know where they say they're scalpers, but every trade turns into a swing trade for some reason? You know, and I'm guilty of it. You know, I had the struggle because I used to scalp and I became a swing trader. I had the struggle of the opposite where I was treating every swing trade like a scalp. And then when I would hold, it's similar to what you said in terms of, you know, going for the A+ setup, is the trades that I would close as a scalp would be the ones that go for the swing. And the ones that I would try and hold as the swing would be the losers. So I realized as a swing trader, the job is to hold every trade, right? And there will be the trades that go back to breakeven or loss, but then the trades that do go make up for it, right?

Yeah.

But as a scalper, it's kind of the opposite. Right? The scalper, you need to scalp, make sure you stay a scalper. Don't become a swing trader all of a sudden because the candlestick looked big enough or, you know, you assume that it's gonna become a massive trade. Both of these trade examples, the last one and this one, just proves, you know, why you have to manage your trade accordingly. And, you know, amazing trade once again.

Yes, sir. I will show you another trade. All right, so this is the trade I took on the New York session. So here you can see I have more annotation. For the chart. So for the green area is the 1-hour FVG that I talked about. I need the higher timeframe analysis for it. And also the yellow one is the NDOT, new day opening gap. And also there's a yellow line here on the upside. I marked it daily FVG. So in higher timeframe, this is one of the internal liquidity, but here is the external liquidity.

Gotcha.

Yeah. So when we look back on Tradezilla, So I usually want to take a trade at 9:30 because I want the manipulation to get to my target or before 9:30. But here you see, I didn't take a trade on 9:30 because at first I was targeting this liquidity, the sell side, the LRLR that I always wanted. But obviously we didn't go lower at the market open, instead we go upper. So we have to wait until here we get a relative equal high as the buy side liquidity. Until this liquidity sweep happens, there will be no another trade. And if we take a look on this screenshot, after the relative equal high sweep, we also tap into a 1-hour FVG and at the end we sweep the daily FVG, the low of the daily FVG. So this is why I'm so confident of entering this trade because We don't only sweep one equal high, but we got FVG, NDOT, and daily FVG. So there's so many confluence here at the time. So I will be—

Still in that opening, you know, that kill zone.

Exactly. So, and you can see lower, we can have the outage gap. So here, the outage gap, this is the quarter, 25% of the gap. So Even though like the outage gap don't always close on every day, but we can use this as reference for the direction. So for example, here I'm looking for short for the lower risk LRL and also for 25% of the outage gap. And you can see another gray area here. This is another 1-hour average. So there's just so many confluence on the upside and the downside. So I will know where is the exact liquidity. Pull and exactly create sweep here.

And would you class this as an A+ setup?

This is A+ setup. And you can see I enter with a larger position size than I usually do. And also I hold for longer. I didn't just close my trade here because we got an equal low here, which is most of the time actually this is the ideal closing position area, but I hold it till the end.

Incredible. Yes, absolutely incredible trade. It really just shows you the difference between the last trades that we've looked at and this one, right? Base hit trades, maybe even what, something you would class as a B or a C trade versus now you look at this, just very clear, you know, all is one screenshot, but you can see just when you broke it down in terms of what everything means on the chart, how it just became an A+ setup, right? Because of the layers of confluences, the time, the timing, and then the target as well. The target also has layers to it rather than just being, say, An equal low on a lower timeframe, you now have that higher timeframe target, which is sat right there. And there's even more liquidity, you know, lower than that. So having that as your first target makes complete sense. And this in particular as a trade, you know, we wanna talk about A+ setup. This is about what, 10 minutes? And we're talking close to $20,000. So like, so 10 minutes, $17,000. Again, it sounds amazing. But one, this is an A+ setup. And 2 is following the process, right? What I'm interested with this one in terms of a question is the entry side, you know? So what did the entry look like for you of entering where you did?

Okay. We can see the entry here on Tricilla. Yeah. So you can see, like, I enter here. Here we got a, if we zoom in, you can see we got a small BC, which is the bullish FVG. So right now, after this candle body close, It turned into a valid IVWG. And with all the confluence, I just entered here. Usually I would scale in, probably like 2 contracts, 2 contracts. But this one, I'm just so confident of it and I can have a tight stop loss. The swing high is just here. It's not like far away. So I just entered 5 contracts at the same time.

And do you feel like because of the daily sweep, you know, because we got into that daily fair value gap, Alongside the 1-hour fair value gap being filled as well, but mainly that daily, do you think that added an extra layer of confluence for you? So based on the reaction as well.

Sure. Those are higher timeframe confluence. So it's definitely making it more A+.

Understood. No, it's great because especially because I know we can't see it, I think on TradeZilla, but in terms of the seconds, you know, looking at this wick here. To your rule earlier in terms of a valid IFVG, on the seconds, the close and the price displacement would seem much bigger, right?

Yes.

Down to the low of this wick, which then allowed you to get the retest entry. It looks more aggressive on the 1-minute, I imagine, because you can't see that as much. But on a seconds chart, that would've obviously been more candles close to here, a retest, and then continuation. And to your point, one, obviously the daily's taking place, but two, the stop loss placement allows you to take the bigger size, enter here, and have that confidence in doing so. And then price, yeah, price has melted. The beauty, I guess, with being a scalper is that you don't necessarily, you don't need price to get down here and be a day trade or a swing trade to make really great money. What you do need, however, Is exactly what you've talked about is one, know your personality, 2, have your process, right? And then manage your trade more aggressively than you would if you were, say, a day trader, especially if you were a swing trader. And by understanding that, it results in the trade. Like this is a, yeah, look at that. Yeah. And I guess this is one of those where people might've said again, and this is a great example again, you know, people might've said, oh, you closed too early, et cetera, et cetera. But then look, Yes, it ended up going all the way down here, which might have been a, maybe let's say $100K day, just, or an $80K day. But that's assuming that you seeing your trade in the space of roughly 15 minutes making $20,000, but then watching it for about 4 hours, watching it for 4 hours.

Yes.

Ticking up and down, going close to not break even, but almost. Assuming you didn't move your stop to here, assuming you're able to, for 4 hours, watch that P&L change and change and change and not make any mistake, not try and execute, not try and get out, maybe become bullish, right? Because a lot of people, I imagine, probably would, after seeing this, for example, come down and then break up higher, seeing some of these green candles, right? They probably would've got out and got bullish.

Yes.

And then take the losses. And then again, spiral. I think what we've really highlighted today through the, you know, your rules and your processes, and again, trade after trade following it, it's why that's so important.

Yes.

You know, and it doesn't, if you think about it, those rules and processes, some of it leans on the fact that you have ICT concepts as your strategy, but really a large part of it is knowing who you are and knowing what strategy you're trading. So whether you're a Fibonacci trader or an order flow trader or whatever it may be, Those rules and processes and your personality are still the foundation. So as long as you know you're an order flow scalper, for example, and you know, you know, how you sort of are better at in terms of your patience or not and so on, you then should set your rules accordingly. Right. And it's been incredible, you know, really to see it. And what an incredible trade as well.

Well, if you're like a swing trader, you can still hold the trade. You put your stop loss on the swing low and then hold probably overnight. You can still get a lot. Yeah. But like, it's just not—

And knowing the account you're trading, right?

Yeah.

So like, you know, with obviously a lot of the props, you wouldn't be able to hold this trade.

Yeah.

Yeah.

All right. So I'll show you the last trade will be. So on this trade, which is just a few days ago, I took it and this is the newer session trade. So as we used to, and we're looking for the LRLR. Liquidity sweep, displacement, and also using RTH gap as reference for your new session shade. So here we got everything. So before the 9:40, and we keep on chopping with high time frame bearish, but also on the way we keep on getting more failure swing on the upside for buy side liquidity. So here you can see compared to this chop, We got a huge drop here, which is the 9:30 open, as the manipulation. We sweep all the sell side liquidity, and also we almost touched the low of this 1-hour average. So we almost closed the whole gap, which is the higher timeframe confluence we need. So after it, if we zoom in, you can see we got huge bullish candles. And although we are high inside right now, but you can imagine that's definitely a high-speed anticipation for this candlestick.

Of course, yeah.

And if you switch to a lower timeframe, like 15 seconds and 30 seconds, you will find a smaller IVG for yourself. But here, this is the 1-minute IVG. So it was a bearish IVG, but turned into a valid one. But if you have to like wait until the candle body close, you may have to enter here.

Yeah.

So for an aggressive trade, you can enter here, which is just like this Screenshot that I took.

That's the 15, yeah.

Yeah.

So you see it close above again, yeah.

Exactly. So of course I need to use 15-second chart because like New One session, the move moving so fast. If you miss this information, you will just miss the entry. But I have to understand that like, I gotta say all the beginners, you have to master 1-minute timing first. Because like I'm using 15 seconds, so you use it too.

So, um, see, people skip it.

Yeah.

Even though you said it, they'll still do it.

Yeah.

Right.

I know.

Don't do it. But even though we said it, whatever it is, and we've all been there.

Yeah.

But the sooner you get over that and actually listen to the people who achieved what you're trying to achieve and, uh, listen to, okay, master the 5, master the 1. Then if you want to, you don't have to, but if you want to, then master the seconds, master the 30, then master the 15. Like it's a top-down thing you have to do. You cannot skip the process. Every time you skip the process, whether it's your trading process or whether it's the learning process, you just go backwards, right? And you will not see progress. It's just the nature of trading, right? This is the nature of trading. You cannot skip the process. And this proved, like today's episode has really proven why that process is so important.

Because people always think there's a holy grail.

I know.

Yeah. And they would ask, If I learn from you, like learn with you for 3 months, am I gonna be consistently profitable? Like, I don't even know how to answer these kind of questions. Yeah.

You know, I understand it. I understand that people wanna be able to, you know, have certainty within trading or their learning experience, whether it's a mentor or strategy or whatever it may be. But one thing in trading you can't have is certainty, because if you try to find that, you do yourself more harm than good. I think the sooner— I think, don't get me wrong, we all obviously start there because we don't understand the markets as well. And, you know, we have to learn the hard way more than likely. But I think the sooner you accept that there is uncertainty, the sooner you'll see progress as a trader.

So we take a look at the RTH gap first. So we talk about the regular trading hours gap. So this one is huge and we got 25% here, 50%, and 75%. So for me, I target here, which is around the 75%. I didn't just put it at the end because like, I think that's enough. Well, first, when we enter, price already sweep 1 buy cycle, second here.

Yeah.

The third, fourth, and fifth. That's a lot. Yeah. So I'm actually not conservative with this trade. I'm being very aggressive.

Yeah.

With both the target and the position size.

So one bit of context for last week, thankfully, because it is only last week, uh, of obviously recording this, it might have been a couple months ago, but last week we had a lot of volatility in the market, right? Just generally, we saw really big swings down and up. Uh, by this point it was the end of the week and it was, we were seeing those swings back up. The start of the week we were seeing them down. Was that a part of the reason why you were more aggressive and held longer? Because you knew the volatility was much more expanded last week?

Yes, exactly. And with the daily timing, we can see a lot more like huge candlestick compared to like the previous week.

Yeah.

So I would say like with a tight stop loss, you can just go for more for the target.

Yeah.

And actually even for like, uh, over 100 points, but for the time frame, like it's just few minutes, it's not holding it for 1 hour. So even though the range is not like scalping, but for the time it's actually still scalping for me.

No, of course. Exactly. It was a lot of people, uh, do say scalping is the, is the time, right? How long a trade is versus, uh, how big it is. Um, but it just goes to show though how those adjustments, knowing obviously volatility, if we, if we can, we could even go to the, the daily here. But yeah, you can see, look, you can see how the week prior, you know, we were, there's still, it's been quite a volatile period, but you can see though, for a good number of weeks, we were just ranging. Right, for a good number of weeks, still some volatility in the range, but in the same price area. We then broke the range. Essentially, this could be a higher timeframe AMD taking place, right? But putting that to one side, you know, we saw a big move down to start the week, and then we start to see that real strong aggression, which again, making those adjustments. And I think that comes with experience, right? That's the experience. You know, once you've had your process and you followed it for a long period of time and you've You learn about your personality along the way and create your rules. Those adjustments in real time is where experience comes in, right? And you have to allow yourself to build those experiences before you start to try and make those adjustments in real time, right? Because otherwise, again, you just find yourself in that loop where you go, okay, the experienced traders do this. But, you know, the question I guess is, are you the experienced trader? You know, not yet. Not yet. It doesn't mean you can't be. It means you need to build your experience and do exactly what they did, which is learn, develop, build your processes, build your rules. But it was incredible. Such an incredible trade. This trade in particular was a $30,000— what was it? $34,000, $37,000 trade. How long did it last if we play it out here?

Yeah.

So we saw the entry on the chart there.

Yes, exactly. In the middle. So I close it here. Yeah. Yeah. The high.

Incredible, honestly. So that this trade was close to $40,000 in 34 to 45, 11 minutes, right? Absolutely insane. Again, it sounds crazy, right? $34,000. I think it was $37,000, but $34,000, over $30,000. In 11 minutes. Sounds amazing. It's the goal for every trader. But understand exactly what we went through. You know, Candice has really shown in today's episode the importance of rules, the importance of knowing your personality. It's huge. The importance of risk management and trade management that suits your personality and your trading style, and the importance of your process and your rules. You know, time, every single trade highlighted that. The strategy itself highlighted that, and we've said it multiple times, so make sure you really take it on board. But what an incredible strategy, incredible episode. I'm super— I know it's gonna resonate with a lot of people out there. Hopefully people will know that I'm not an ICT hater. But, you know, there's some questions I have, but we'll save them for words of wisdom because, you know, handling this sort of size, handling these sort of numbers, seeing the fluctuations as well, like this trade went straight into like $20K profit.

Yeah.

You know, and I'm sure there's gonna be questions around it, but like handling that, that's a big thing, right? And I'm sure there were times where, you know, that those sort of numbers were nowhere near what you were trading, right? And it was probably the other side where it was losses. So, you know, I'm excited for our Words of Wisdom tomorrow, which will probably be coming out after the Chart Fanatics as well. So look out for that, where we're gonna go through process, we're gonna go through the journey itself.

Yeah.

I'm sure it's been a really interesting one. I'm excited for it. I'm sure you all are as well. Candice, thank you again for doing this for us. And maybe we'll get lucky and ask you for some live trading that we'll put into the episode. So if it is there, yeah, we're lucky.

Hi, Chart Fanatics. I'm Candice. So today we will trade a New York AM session together. Today is August 26th. And let's take a look on the chart. We can take a look on NQ first. So, on the daily timeframe, for previous day daily candle and also the Monday daily candle, we tap into this large daily FVG, also the daily volume imbalance. When we switch to a lower timeframe, which is 1-hour timeframe, We can see that we're actually building a lot of buy side liquidity and also a higher time frame LRLR here. Right now, we are tapping into a one hour average, which is a bullish one, and we got a sell side bearish one hour average, which is an internal liquidity here. So we can switch to an even lower timeframe. So this is today's Asia session. We got a deep V-shape and London session here. And I livestreamed today's London session on YouTube. You can take a look on the replay. I took 1 loss and 1 win for the whole session. And, you know, the ultimate result is Positive. I made over $8,000 on the whole learning session. So by clicking these execution marks and execution label, you can see the trade I took during the learning session. And also on the right-hand corner, you can see this is NinjaTrader, also the left corner. So I log into my personal account. On the trader, and when I took trades on my trading platform, you will see it here on the trading view on the screen. So today we get a large range Asia session and a consolidation for London session. So we take a closer look for this one-minute bearish FVG, which we call CB. How this average this PDAO is successfully holding all the price here, and also for this orange line, this is the midnight opening price. So before this 8:30 candlestick happen, we actually in a perfect range with we got. Relative equal high on the buy side equity and also relative equal low here, this week and this week for sell side equity. And now because of the drop, the huge bearish candle that's starting from 8:30, we sweep the sell side. So the best case scenario will be we consolidate here for a while. And got a setup so we can chase up to this relative equal high. And also take a look here with the yellow line. This is the RTH gap open. So the RTH gap, if you watch our whole video, you already know what is that. The RTH gap, we can use it as one of the conference and reference, but it doesn't mean that when there's RTH gap, we definitely have to close the whole gap. It's not like that. But it's part of the reference, and also the new day opening gap is also here. So we need to see if the how the one hour candlestick, which is the new one, what is it gonna do with this one hour RPG? Because if the candle candle body close outside of this PD array, that means we are actually. Turning this into a valid IFVG, then we will be going to here. Right now, because we just start this candle, we have no idea what's going to happen. So we have to switch to a lower time frame and see if there's any setup. Also, we can take a look on ES because when we trade NQ, we can always use ES. For reference to monitor if there's SMT. So the difference between NQ and ES here, ES sweep the buy side equity and also sell side, but NQ only sweep the sell side. So we form a bearish SMT here on this high. So if we keep dropping before the 9:30 market open and sweep this Asia low, even if I can spot a setup to take a long position, I probably won't aim for the altish open like as final TP because it's like such a large range. Even price eventually go to here, it won't be like a straight bullish candle, right? There will be a lot of retracement or consolidation within. And as a scalper, I don't really want to hold that position for such a long time and hold through all those retracements. So if we Really sweep the HLOM, I think my target will be this one, this very typical high instead of the whole outage gap. I mean, I, I'm still using the outage open as reference, but like, I understand myself, um, for my mental capital and the whole market condition, it's probably not a good idea to Become a diamond hand. Right now it's 9:13 AM Eastern time. So we didn't sweep the Asia low, but Once again, we created a relative equal low, which will turn this potential IFVG into a C+ setup instead of A+ setup, because we still have obvious sell-side liquidity pool on the downside. So even though price may gonna sweep some internal or external liquidity It doesn't mean we won't go back to this sell side. So maybe we just, you know, sweep some of the minor buy side and then come back to sweep this sell side again and then go up again. Then, you know, that will be the worst case scenario if we take a long position here. That's why I will consider it as a sleeper setup. But it doesn't mean you can't enter. I mean, you can still enter sleeper setup, but it just Lower probability. So right now I'm waiting for the candle body close and see if we got any retracement. Okay, I just enter. Stop loss will be under the order block, and then I will put the TP here. So if I close the whole position here, it will be 1 to 1.3, but if I close the position here, it will be 1 to 2.6. So you can see that this is a 35-point stop loss, which is relatively small in trading New York session. So since this is a CPAD setup, so I'm not going to add more contract size because we did, we chased to a bullish FVG, which is a very good entry point if we want to scale in more contracts. But since we got relative equal low here and making it become a zipper setup, so I would say it's not worth it to scale in more contracts for me, like within my risk tolerance. And the reason I put my parcel here is because this is the internal liquidity, a large 1-minute bearish FVG, and this will be the swing high that's very close to the mid and opening price. So if we assume, if the case isn't like that, if we get a liquidity sweep here with this candlestick. So it won't be a steeper setup anymore. This will be my, um, another second entry point in order to scale in 2 more contracts for this bullish RPG. And the reason that I didn't put my stop loss under the swing low, but, um, but only under the order block is like, It's actually so close to each other. If the order block can't hold the price, I will assume it will eventually go to this swing low. So, um, just preserve my capital. I will put it under the order block. So 1 minute left until the 9:30 market open. So you can see we've been consolidated here within the 1-minute BC, and we will see our final result in less than 1 minute. So you can see the TradingView chart is a little bit lagging because like compared to the trading platform chart, which moves a lot faster. That's why I have a second screen that is monitoring the 30-second and also the 15-second chart. Okay, 9:30 market open, outage gap here, 25%, 50%, 75%. So we just sweep a minor buy side liquidity. Very close to the take partial. Also tap into the first internal liquidity. Okay, we just hit the take partial. I trail my stop loss to under this swing low. We just hit the 50% of the altish gap, going to 75% and also My second TP. So right now we're struggling with this huge PD array. All right, I will try it to break even. So this is a risk-free trade for me right now. This is for sure a W trade. So we'll see if we tap into our final TP. Right now it's 9:31, just 1 minute. The first market open candles already make us the take profit. Okay. So we hit our final TP here. You can see order execution here. So I enter here with this IFVG, valid IFVG, take partial here for the first, for the second internal liquidity pool. And my final TP is here. Well, now we want to see if price eventually close that whole RTH gap because I actually take partial. Like take partial here on the 50%. Also, my final PVP is 75%, also under the midnight opening price. We actually didn't hit this, this high swing high yet. We, I think we got one tick. Yeah, it's one tick left. So we didn't hit it yet, but we formed another relative equal high. And right now this green shaded area is a 1-hour FVG. It's another 1-hour FVG. So ES has a huge 5-minute bearish FVG here. You can take a look here. So that is what I mean. I don't want to be diamond hand. Like, yeah, price probably will hit this, um, close the whole outage gap at the end and also sweep all those relative equal high. Yeah, but holding through the retracement isn't easy and You can do it once, twice, or multiple times, but if you do it every day, I just find it hurting my mental capital. That's why I don't like it. And even if we didn't hold until the whole outage gap closed, we're still making a lot of money here with just 2 contracts. Just 2 contracts. So let me take a look like how much we made for this trade. So for the take partial here, we made $955, and this one for the final TP, we made $1,800. So in total, I made $2,700 for this trade. And now you can see that we retrace a lot, right? We are very close to the outage open here. And we are very close to our second swing high here. We didn't sweep it yet. I think we will eventually go back to here, but like, if you are still in that open position and price retraced over 50% of the range, it doesn't feel good, right? It definitely doesn't feel good. I, I don't like holding such a position like that. So that's why taking partial is important and content with enough is also important. And also for this gap, okay, let me take it away. This one is the first presented FVG for New York session. So right now we are very close, very close to the 100% of the gap. So, um, I would say as a scalper, the trade that I took is like the best case scenario I can get. For the first candle, I closed with the take partial. The second candle, I closed my final TP. So within 2 minutes after market open, I finished my trade. So, and also I'm not those kind of people that will be frustrated for leaving some profit on the table. So I'm actually feeling pretty good. But of course, I can understand, for example, some people trading MNQ that they didn't make as much as trading NQ. They may need to hold for a larger range. But as we trade NQ, even though like a smaller range, which is actually not that small, it's almost 100 points, 90 points, 90 points, we already made like Almost $3,000 for just trading 2 contracts. So right now I'm just waiting to see like when will price go to this outage open and we can use it as a comparison and you would know like which kind of person do you want to be, which kind of trader do you want to be. And also remember, even though it's like only $2,700 for this trade, but you're doing copy trading with multiple accounts, probably more than 20 accounts. So this kind of profit multiplied by 20, that will be a really decent profit for just one trading day and Just like we enter here, right? It's 9:15. So only take us 16 minutes. Only 16 minutes. You made a lot. Imagine if you're in this open position, like what are you thinking right now, seeing all those choppy price action? That we keep creating buy side equity here, also sell side equity here. You have no idea which part will the price go first, but you're still holding the price. Oh, finally! So the whole RTH gap closed officially here, tapping the New day opening gap. So right now it's 9:43. So if I didn't close my trade here with this swing high, I need to hold the whole position through all this retracement, this choppy price session. Also, it's like around 14 minutes after market open. Compared to me, these 2 minutes after market open. So which one will be like your favorite trading strategy? It depends on you. It depends on you. Like, it's still the same trading model, but like, how do you manage the trade? Like, what kind of profit target are you making for yourself? Can you hold this trade, this kind of like choppy price action? Or are you frustrated of leaving some profit on the table? So you have to know yourself. Then you will know what you should do when you see something like that. So I think that's all for today. Thank you. Right now I'm getting ready to enter J. We just see here. The crisp whip, also displacement, and when our price is inside the new week opening gap and what, also a 1-hour average. We got midnight opening price below, but we also got the outage gap open on the upper side. If we switch to a 30-second timeframe, you will see a more clear picture. All right, just enter. Stop loss putting at swing low. So around 20 point stop loss. TP putting at swing high. So it's almost 50 points for that trade. So you can see this is a 1 to 2.3 risk reward ratio.

Okay.

Of course, you can take partial here on the way because we did have another internal liquidity here, which is a 1-minute CP. And also you can leave a runner on the upper side. If we leave a runner here, On the swing high, also below the outage gap open. It will be a 1 to 4.5 risk reward ratio. So I think we can try it. I will take a partial here. Also putting the final TP on the high. Okay, I will switch it back to 1-minute timeframe. Right now I'm just expecting some consolidation before the official market open at 9:30. And I would say it's possible for price to sweep the low and hit MNO. Because we also get equal low here on ES. If that's the case, this is definitely a losing trade, but we can wait for another setup because if the condition didn't change, we're just having one more increase move, but all the internal liquidity, external liquidity target still on the upper side. So, um, the setup will be the same. All right, right now I will move my stop loss a little bit under the order block. So right now it's 16 points stop loss. I didn't move it to break even because like we actually didn't have a large swing. We still just move like not even 20 points. So I would say it's kind of too early to move stop loss to break even. But I understand we just tap into a large internal liquidity, which may lead to a retracement. But this is the risk that I'm willing to risk. It's just like. 60, 70 points. I, I can risk it. I can totally risk it. So I want to give some room for the trade to breathe. So it's 9:28 AM Eastern time now. It's about to be market open. So you can see We got more volatility for these 2 candlesticks compared to, you know, the speed that we've been moving for these 9 AM to 9:30. So we will see what happened at 9:30. We did have some concern here because we are building LRLR while we're going up. But this partial, I would say, is pretty safe. Just not so sure if we can get to the final TP just at right at 9:30 open. So after we sweep this take partial, I will move my stop loss and also I will change it to one style stop orders. So right now it's very close. I think it's all in one point only, right? Only one point left to hit our take partial. And it's also creating a relative equal high. You can see this is the outage gap here. So this will be the 25%, 50%, and 75%, and 100% of the gap. Okay, we just take partial. Right now I'll change my order to 1 contract. Okay, it keeps on going up. It just hit 25%. I'll move my stop loss to breakeven now. So right now this is a risk-free trade for sure. We just hit another 1-minute CB here, very close to 50%. Hit 50%, about to hit the 1-hour FVG. Tap into that 1-hour FVG and 75% of the gap. Very close to our final TP now. I'll keep on trailing my stop loss to the swing low. Okay, here we come to the 9:31 candlestick. Okay, clear. So you can see the whole process, like how we get into the trade because of the liquidity sweep, also the confluence of 1-hour average EMA, and what also the bullish, bullish SMT with ES. And we also get an average here. All right, you can see that. It's 1, 2, and then we just go all the way to sweep our first target, TP1 here, TP2 here, just right below the LTH gap open. So that's how we trade the strategy that I've been mentioning on Chart Fanatics. I hope you find it valuable, and I hope to see you soon on my YouTube livestream.

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