Link to episodes | All of these teachings are about ES 22 till 26 september 2020

<aside> <img src="/icons/exclamation-mark_gray.svg" alt="/icons/exclamation-mark_gray.svg" width="40px" /> If orderflow is bearish, you want focus on upclosed candles. As price trades up into one of them that represents a HTF key level, you’re likely to get some sensitivity there and a displacement lower. Inside a displacement on a 1 minute chart there is lots of opportunity. You will see that in the 2 examples here.

</aside>

• Interbank traders look for something specific to appear on the very low timeframe based on HTF key levels (4H, daily and higher)
• In the following 2 examples with very low timeframe entries, daily orderflow is bearish and price trades up into a daily bearish orderblock (HTF key level)
  • Example 1 short from (24 september 2020)
  • Example 2 short from bearish OB

<aside> <img src="/icons/exclamation-mark_gray.svg" alt="/icons/exclamation-mark_gray.svg" width="40px" /> When the market starts running the macro (TIME is key), you know it’s going to be reaching for a predetermined level; either obvious BSL, SSL or rebalancing an inefficiency. A macro is a short list of processes that go in action for either running to a specific pool of liquidity OR to a period of time where the market was inefficiently delivered and therefore rebalancing. These are the only 2 things that happen in price. It’s liquidity, rebalance, imbalance. That’s all there is. Buyside, sellside, inefficient delivery rebalance to efficient delivery and then add the element of time, then you have the understanding of what price is doing. Price by itself doesn’t mean anything. It’s not price and time, it’s time and price. That’s how the algorithm operates. There are narratives that you need to understand on how that fits in the grand scheme of things but if we are talking about intraday volatility on a micro scale like this, than it’s not that important as long as you have one HTF key level that we can operate on.

</aside>