Last Lecture on Market Maker Models by ICT
Introduction
- Final teaching lecture on the Inner Circle Trader YouTube channel.
- Closest viewpoint to how the instructor actually trades.
- Understanding PD arrays (price delivery arrays) is crucial.
Importance of PD Arrays
- Market maker models rely on understanding all available PD arrays.
- Key concepts include: breaker, mitigation block, inversion fair value gap, etc.
- Familiarity with multiple PD arrays enhances understanding of price action.
Approach to Learning
- Journaling and annotating missed opportunities are crucial for learning.
- Pseudo-experience helps condition the brain for real-time recognition.
- Emphasizes learning without monetary risk initially.
- Reverse methodologies for market maker buy models.
Content Overview
- Lecture focuses on market maker sell models.
- Assumes familiarity with prior lessons and concepts.
- Application depends on recognizing liquidity and inefficiencies in price.
Key Terms and Concepts
- Market Maker Model: A framework for understanding price movements based on liquidity and inefficiencies.
- Buy Side Delivery: Movement from discount to premium price, buying into inefficiencies and liquidity above old highs.
- Sell Side Delivery: Movement from premium to discount price, selling into inefficiencies and liquidity below old lows.
- Fair Value Gap (FVG): Inefficiency in price that the market aims to fill; classified as CBI (sell side imbalance/buy side inefficiency) or BISI (buy side imbalance/sell side inefficiency).
Analyzing Price Movements
- Identifying relative equal highs and lows is just the beginning.
- Understand the market's narrative (liquidity hunting or manipulation).
- Distinguish between types of inefficiencies and their respective targets.
Example Analysis
- Close line charts vs. candlestick charts for price detail analysis.
- Annotating graphs to track inefficiencies, liquidity points, and price behavior.
- Key levels: Original consolidation, order blocks, fair value gaps, and rejection blocks.
Practical Application
- Recognize the original consolidation and entry points for long or short positions.
- First Stage Accumulation: Initial entry based on order blocks and fair value gaps.
- Second Stage Redistribution: Additional entries based on further price confirmations.
- Smart money reversals, second stage redistributions, and low resistance liquidity runs.
Advanced Strategies
- Identifying high and low resistance liquidity runs based on experience and price recognition.
- Use of time frames (15-minute, 5-minute) to zoom in on price action details.
- Smart money reversals on buy and sell curves offer refined entry points.
Time and Price Considerations
- Importance of aligning time and price for precision in trades.
- Key trading times: London Open, New York Open, Kill Zones (specific high volume periods).
- Example: Market reversal profiles and running liquidity hunts during these times.
- Anticipating market reactions and using predefined strategies like the Silver Bullet or Model 2022.
Conclusion
- Emphasis on the comprehensive understanding of concepts over time, not rushing the learning process.
- Multiple approaches to market maker models, tailored to individual trader's experience and skill level.
- Ending with a note of appreciation for the students and the impact of teaching.
- Encouragement to continue using the available content for further learning.
Final Notes: All current content on the ICT YouTube channel and Twitter will remain accessible and unchanged.
Resources and Further Learning
- Continuously review and practice with existing lectures and resources.
- Engage with provided content to deepen understanding.
Thank you for your dedication and time spent learning. Wishing you continued success and growth in your trading journey.