Money Making Concepts Series - Lecture 1: Introduction and PD Rays

Introduction

Speaker: Ario Janson
Background: Dutch trader, started at 17-18 years old, funded by investors since age 21
Goal: Build the best trading educational company, provide maximum value even for free
Series Name: Money Making Concepts (MMC), suitable for all levels of traders
First Topic: PD Rays (Premium and Discount Arrays)
Guarantee: Results if you follow the steps and give it time
Credits: Concepts originally inspired by ICT but developed independently

Expectations:
- Time is crucial for understanding and seeing results
- Trading is difficult and requires a learning curve
Credits:
- Approach and philosophy influenced by ICT
- Unique concepts and strategies not available in other ICT materials

PD Rays: Essential for understanding market direction
- Premium Array: Bearish, acts as a magnet, price moves lower from it
- Discount Array: Bullish, price moves higher from it
Types of PD Rays:
- Fair Value Gap (FVG): Number one in hierarchy
- Fair Value Area (discussed in next video)
- Swing Points: Highs and lows in price action indicating liquidity

Definition: Three-candle pattern
- 1st candle: Any movement
- 2nd candle: Closes with body above 1st candle high
- 3rd candle: Does not trade back into 1st candle high
Importance:
- Acts as a magnet for price
- Basis for understanding other PD Rays

Definition: Points of liquidity in the market
- Swing High: Three-candle pattern, middle candle highest
- Swing Low: Three-candle pattern, middle candle lowest
Significance:
- Indicates liquidity for larger market orders
- Helps in setting targets and understanding price movement

Task: Mark out all Fair Value Gaps and Swing Points on your chart (daily time frame recommended)
Purpose: Understand price direction, practice identifying PD Rays