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<aside> <img src="/icons/exclamation-mark_gray.svg" alt="/icons/exclamation-mark_gray.svg" width="40px" /> Never buy above old highs, never sell below old lows

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This lecture is about intraday swingtrading. ICT teaches it a complete trading model here on H1, but it is applicable to all timeframes. This is the easiest one, ground level for new students. Every single week this pattern forms, but you have to know what you’re looking for and the only way you’re going to kno what you’re looking for is by repetitive study, taking snapshots from your own charts with annotations. For example: how much stoploss do you need to use? How much time does it take from “breaking” until revisiting the breaker? How much pips does it offer?

<aside> <img src="/icons/exclamation-mark_gray.svg" alt="/icons/exclamation-mark_gray.svg" width="40px" /> This model works extremely well in a rangebound market. There are also models that work extremely well when trending that you use the SMT for. If you’re in a trending environment, it would be better for you not to reach for SMT when the market’s trending, because it’s going to have a less likelihood of creating a setup for you to find that’s easy to see whereas it’s rangebound it’s easy to see a SMT divergence.

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• Step 1. Identify market profile
• Step 2. Run on BSL followed by a breaker
• Step 3. The confluence that SMT divergence offers for the SMR

• Markets in consolidation as a whole and trading cross pairs; the highest form of analysis is finding the strongest leadership in institutional sponsorship in all the crossed