0:10 Discount and Premium. (1) Displacement range and (2) Daily range 0:30 Example #1. Displacement range. TF 5 minute. 0:55 Paint the Fibs and determine the 50/50. IF you are long then the setup must be in Discount zone below the 50/50. 1:15 Interesting Short example on the same price pattern. I found this to be enlightening and powerful. This was retracement !! 1:18 Success Demands Spatial Awareness. Success Demands. You must make a decision are you bullish or bearish. Then look for valid setup in the direction that aligns with over trend bias. NOTE: Once you master the discount and premium concept then should give you enough confidence to wait for a valid setup to form that aligns with overall trend bias. In the case of scalping or day trading >> master this concept and you will experience exponential growth in both pips and profits. 1:43 Example #3. Long 2:03 Example #4 Short. 2:30 Example #5 Market failed to enter the discount zone. pass on this setup. 2:50 Now look at the over all range on 15 minute TF. ** this is HOW to determine over daily bias. Then scale down to the 5 minute TF for the entry stop and targets.
Oh my goodness.. I cannot believe all this time I've understood Discount and Premium but only really addressed it in the range of the move I was in.. Completely left out the range of the day, until I heard you say it simply on this video.. I now want to slap myself to sleep.. Haha.. As always great video.
As a trader it is only about LQT and Dealing ranges. Once you have a HTF Dealing range then the rest is Time of day with a shift is structure. Great explanation. This video will be played before I take my first trade.
Thanks very much sir😭 You are making life a little bit less difficult 🙌🏽❤️ Sending love all the way from South Africa🇿🇦❤️❤️❤️ THANKS & PLEASE DON'T GET DISCOURAGED, YOU ARE REALLY MAKING A DIFFERENCE🙇👏🎉
@TTrades_edu Let me ask four questions.... 1) Can your ICT teachings be applicable to Cryptocurrencies? 2) Can you recommend a good broker for me considering the fact that i am based in Nigeria. 3) Can you recommend a good prop firm to help me scale up my account? 4) How can I be part of your network ? I am tied of the devilish government system in Nigeria aimed at keeping one impoverished.
I know this is not the scope of the video, and sorry for that, but there is a very nice situation that for me brings many doubts. When you are looking for long in discount (00:57), we can see also a strong displacement and MSS to the downside, so it could be bearish once again, I think... If you enter long, are you aware of this situations and make partials to avoid a loss? Or, you trust in the price action/bias of higher timeframe? Thank you, once more.
Hey, wondering if you found an answer to that, I'm pretty troubled with that same situation, and i'm wondering if you found an answer to that or is it based off probabilites? Thank you
@@qwerty08284 What I do nowadays as a rule of thumb is to go into a higher timeframe and use the same logic. Meaning higher timeframe should clarify my doubt. If it doesn't just do nothing. Watch price (and time).
What do you do when the premarket action breaks an HTF displacement range and you want to find the premium and discount? Where do you look to anchor your fib? I have just had a hard time getting a bias and finding the prem/discount set ups when I can't use the previous daily range or displacement for anchoring the fib.
In the 1:37 example, when we draw the Fib lines to determine the premium and discount zones, why did you use the swing low between the two highs, and not the more recent intermediate swing low?
I re-watched the video a few more times and I think I figured it out. When we put the Fib lines on, we need to connect the starting and ending points of the displacement. Is my understanding correct? Thanks for your time :)
So, are we looking to short a displacement range in the premium of the displacement range AND in the Premium of the overall (previous days) Premium Range? Or if we get a valid entry in any Displacement Range, (long or short,) take it regardless of where we are in the Overall Previous Days Premium Discount Range? Are you calling the Previous Days Premium Discount Range (High to Low) the 'Dealing Range"?
I don't like the terms "take regardless of where we are in overall..." that makes it sound like this is the only thing i use to determine whether or not to take a trade. I just use this to know where we are on multiple time frames.
Another good video sir. So it looks like you are a really good scalper using the 1-5 minutes chart. Are those the time frames that you tend to stick to most often? Just curious.
@@TTrades_edu oo i see! Just curious did you start with trading /ES or did you try ICT system on something else. Because you do need a big account to trade it and I am curious if you started right away with it?
you want to make sure you are in a dealing range premium to short and discount to long. but for your question on entries, I would focus on the displacement range yes.
Hi TTrades, thank you for this video, could we consider onfilled FVG at 2:45 for the future, long term?? Let's say 4 days later, price came to this fvg, could we expect a reversal?
Does this still work if multiple buyside liquidities are being taken and forming more displacement. Could you place another fib to see if it plays out. (so like not from the original low)
this is the second comment, I have been going through premium and discount videos for the past week and I am starting to lose my mind, How can I select the range that I consider it to be a premium and discount? as the more I go back in date there is a bigger range. Thank you for your effort.
Great stuff! Question: At 4:00, for instance, you you drew your range from the "leg" before the specific leg responsible for breaking the structure. As a rule do you draw from the lowest point of the overall move? Is it ever better to measure from the bottom of the specific move that directly caused the break? Hope that makes sense! Thanks.
I generally use highest high and lowest low for a large range. But for a displacement range I use the move that made the new high or low. New video on this concept out Friday
Sometimes price doesn’t reach the 50% level…it just reverses/retraces after reaching the 2.5 standard deviation…care to explain??or why it even sometimes doesnt reach the 50%
Thanks for the great content! I was wondering if you only execute in the ICT kill zones - London 2-5 & NY 7-10? or do you personally focus on other time frames? Thanks
What i dont get is what TF to use for premium and discount for over all because its different in each time TF so how can 1 TF be right and the other TF aswell??? Like today for instance, i was waiting on retracement on the 1 hour range on EU, but it never came, and dropped into the 15 m FVG instead and continued going higher. But people are taking the trade which i dont get because we are in a premium still. Im going wrong somewhere. Pls help. Thx
If you are watching the 1 hour Bullish and there is a big move, it retraces but still in premium, then goes on and takes out the next High, do you just ignore the previous low even if it was a big move and just use the nearest low, and wait for retracement again?🙆
Sometimes if i miss the move i miss it. However, I generally use the 1hr 4hr daily in terms of dealing ranges. Sometimes m15. when a new ITH/ITL is created then I feel comfortable resting my stop on that.
Thank you for these amazing videos and explanations. BUT I still have an issue with figuring out which way price would go after my first target. for example if I hit my first target of equal lows and there is additional liquidity below ... what confirmation do you look for to show price is heading lower ? The other dilemma I have is with ICT market opens and kill zones. when I watch ICT videos his explanation is very difficult to understand. I am a visual guy and I mostly learn with charts and examples. I also need to to see the bigger picture and then broken down. I don't know if you are able to make a couple of videos explaining these points. if you do it would be much appreciated. cheers and God bless 🙏👍
0:10 Discount and Premium. (1) Displacement range and (2) Daily range
0:30 Example #1. Displacement range. TF 5 minute.
0:55 Paint the Fibs and determine the 50/50. IF you are long then the setup must be in Discount zone below the 50/50.
1:15 Interesting Short example on the same price pattern. I found this to be enlightening and powerful. This was retracement !!
1:18 Success Demands Spatial Awareness. Success Demands. You must make a decision are you bullish or bearish. Then look for valid setup in the direction that aligns with over trend bias. NOTE: Once you master the discount and premium concept then should give you enough confidence to wait for a valid setup to form that aligns with overall trend bias. In the case of scalping or day trading >> master this concept and you will experience exponential growth in both pips and profits.
1:43 Example #3. Long
2:03 Example #4 Short.
2:30 Example #5 Market failed to enter the discount zone. pass on this setup.
2:50 Now look at the over all range on 15 minute TF. ** this is HOW to determine over daily bias. Then scale down to the 5 minute TF for the entry stop and targets.
Your the only making it understandable, love these. Nobody can explain it without their ego or over complicating it
Thanks!
Facts
💯
Presenting core concepts of ICT in a simple way, love it!!!
Thank you!
Oh my goodness.. I cannot believe all this time I've understood Discount and Premium but only really addressed it in the range of the move I was in.. Completely left out the range of the day, until I heard you say it simply on this video.. I now want to slap myself to sleep.. Haha.. As always great video.
Glad to hear it helped you out!
As a trader it is only about LQT and Dealing ranges. Once you have a HTF Dealing range then the rest is Time of day with a shift is structure.
Great explanation. This video will be played before I take my first trade.
Sweet!
What about a video on when we would move the fib for the next discount and premium levels. Thanks. Again videos are great
You make the complicated become simple to understand ! Thanks a lot.
Yep!
Super important video. Thank you bro
Awesome. so grateful that you are sharing these concepts. Thanks TTrades.
Of course
Thanks very much sir😭 You are making life a little bit less difficult 🙌🏽❤️ Sending love all the way from South Africa🇿🇦❤️❤️❤️ THANKS & PLEASE DON'T GET DISCOURAGED, YOU ARE REALLY MAKING A DIFFERENCE🙇👏🎉
Thanks for watching!
Let's do this and make some money homie
This video definitely helped me bro - really appreciate your time and your content
Glad it helped!
Thanks!
Thanks mark!
Thank you, thank you, thank you! Love from South Africa.
Thank you!
Very succinct, thank you! So even if we don't get a rebalance of the FVG a trade could still present itself when we come above/below that 0.5 fib.
Exactly. Depends on ones risk parameters and bias
Thanks for this. I'll use it strictly since today
You're the boss my man, God bless you
there are some correction to the range you have selected, we select the highest and lowest candle in terms of it's body not wicks.
I use wicks
This dude! May God bless you abundantly...Thank you so much for this...
🙌🙌
@TTrades_edu Let me ask four questions....
1) Can your ICT teachings be applicable to Cryptocurrencies?
2) Can you recommend a good broker for me considering the fact that i am based in Nigeria.
3) Can you recommend a good prop firm to help me scale up my account?
4) How can I be part of your network ? I am tied of the devilish government system in Nigeria aimed at keeping one impoverished.
I know this is not the scope of the video, and sorry for that, but there is a very nice situation that for me brings many doubts. When you are looking for long in discount (00:57), we can see also a strong displacement and MSS to the downside, so it could be bearish once again, I think... If you enter long, are you aware of this situations and make partials to avoid a loss? Or, you trust in the price action/bias of higher timeframe? Thank you, once more.
that all depends on your risk tolerance and strategy. I would personally backtest and see what works best for you
Hey, wondering if you found an answer to that, I'm pretty troubled with that same situation, and i'm wondering if you found an answer to that or is it based off probabilites? Thank you
@@qwerty08284 What I do nowadays as a rule of thumb is to go into a higher timeframe and use the same logic. Meaning higher timeframe should clarify my doubt. If it doesn't just do nothing. Watch price (and time).
Where day trading meets value investing- value trading.
Very easy to digest even newbie trader. thanks mate.
Glad you think so!
actually have a new video on it
What do you do when the premarket action breaks an HTF displacement range and you want to find the premium and discount? Where do you look to anchor your fib? I have just had a hard time getting a bias and finding the prem/discount set ups when I can't use the previous daily range or displacement for anchoring the fib.
Can you dm me on Twitter with an example?
Lovely short ICT ❤️
Thanks!
Easy and simple to understand
Thank you
Very good and clear explanation!👍
Thank you! Hope it helped!
I love the way you make it very simple to understand 🙌💯🔥🤞
I appreciate that!
In the 1:37 example, when we draw the Fib lines to determine the premium and discount zones, why did you use the swing low between the two highs, and not the more recent intermediate swing low?
I re-watched the video a few more times and I think I figured it out. When we put the Fib lines on, we need to connect the starting and ending points of the displacement. Is my understanding correct? Thanks for your time :)
Yeah for displacement range discount and premium
This was excellent - thanks T!!
Glad it was helpful!
Just watched video again, and question answered :)
Sorry just saw your other comments, glad you got them answeees
Simple and precise, thank you for this.
You're welcome!
Awesome! Please show how applies to clearly trending markets.
so clear - thank you
So, are we looking to short a displacement range in the premium of the displacement range AND in the Premium of the overall (previous days) Premium Range? Or if we get a valid entry in any Displacement Range, (long or short,) take it regardless of where we are in the Overall Previous Days Premium Discount Range? Are you calling the Previous Days Premium Discount Range (High to Low) the 'Dealing Range"?
I don't like the terms "take regardless of where we are in overall..." that makes it sound like this is the only thing i use to determine whether or not to take a trade. I just use this to know where we are on multiple time frames.
Another good video sir. So it looks like you are a really good scalper using the 1-5 minutes chart. Are those the time frames that you tend to stick to most often? Just curious.
I normally use m15 m5 m1 and then 15 second charts
Thank you.great job
thanks!
Thank you so much for this ❤
Any time!
What if two liquidity are taken, for short and long? What do we do or what confirmation? Look at market structure? Any videos - thank you
HTF narrative
Great content! can you share your fib settings?
they are .5 .62 .705 .79
Thanks for the video. Please can you do a video about order block and breakers (Bullish and Bearish Breakers)
its on the list after broadening formations i think
Thanks again. great explanation .
Thanks for watching!
Do you put your entries for option in SPY options or SPX options?
I don’t use either, trade futures. But spx and spy have pros and cons to them
@@TTrades_edu oo i see!
Just curious did you start with trading /ES or did you try ICT system on something else. Because you do need a big account to trade it and I am curious if you started right away with it?
MES, funded account
Fantastic.
I think this can be more clear if you would have made it in backtesting mode
for entry should i use desplacment range or overall range?
you want to make sure you are in a dealing range premium to short and discount to long. but for your question on entries, I would focus on the displacement range yes.
Just wondering why we wouldn't choose the first pullback at the peak of the displacement range first?
Not sure exactly what you mean.
@@TTrades_edu I thought when you draw the fib you go from the swing low (before Mss) up to the point where price starts to pullback?
@@xRageAgainstMachines I personally use the start of the displacement range to the top of the range.
I pay my bills everyday, because of you my friend God bless you.wat is the name of that tool you are using to locate the discount zone
That’s awesome! This is using the fib tool
Can you make a full video on trading method
check out ICT 2022 mentorship
Fire video bro… thanks
Any time
What about when price is at ATH/ATL - what would be the Overall Range/Discount?
Doesn't really matter, time is fractal so use whatever range you are trading on. 15min 5min etc
Hi TTrades, thank you for this video, could we consider onfilled FVG at 2:45 for the future, long term?? Let's say 4 days later, price came to this fvg, could we expect a reversal?
On the 1minute, personally no. Price is seeking liquidity normally in forms of highs and lows
Video on range
can you expand a little more on what you want?
More more examples! But thank u🙏
Yeah had a busy day so just tried to get it out because I said this weekend on twitter.
Beautiful 😁
Does this still work if multiple buyside liquidities are being taken and forming more displacement. Could you place another fib to see if it plays out. (so like not from the original low)
this is the second comment, I have been going through premium and discount videos for the past week and I am starting to lose my mind, How can I select the range that I consider it to be a premium and discount? as the more I go back in date there is a bigger range. Thank you for your effort.
Making a video on this for Friday!
@@TTrades_edu Much love 💙
You funcking beast❤️❤️
🫡
Thanks 🎉
Would you use a FVG that had the top above .5 but the bottom under .5.... to go long ?
I’ll just remove the part normally that’s in a premium
Awesome. Thanks
You bet!
Great stuff! Question: At 4:00, for instance, you you drew your range from the "leg" before the specific leg responsible for breaking the structure. As a rule do you draw from the lowest point of the overall move? Is it ever better to measure from the bottom of the specific move that directly caused the break? Hope that makes sense! Thanks.
I generally use highest high and lowest low for a large range. But for a displacement range I use the move that made the new high or low. New video on this concept out Friday
if you are in weekly premium and daily is discount would you bias your weekly TF and wait for price to come back to Premium to sell?
thats not exactly how I determine bias, but yes I want to be in premium normally to sell
Sometimes price doesn’t reach the 50% level…it just reverses/retraces after reaching the 2.5 standard deviation…care to explain??or why it even sometimes doesnt reach the 50%
price never does something 100% of the time.
For the bias discount and premium, do you always use the yesterday's range?
Or is it according to the current market structure only?
you can use yesterday's range. I normally just use the range we are trading in!
Grest video,u can put the background code of the chart pls🙏
Its on my community tab!
What are your fib settings
.5
Thanks for the great content! I was wondering if you only execute in the ICT kill zones - London 2-5 & NY 7-10? or do you personally focus on other time frames? Thanks
i focus on indices kill zones. so 8:30-11EST and then 1:30-4EST, rarely trade afternoon though.
What i dont get is what TF to use for premium and discount for over all because its different in each time TF so how can 1 TF be right and the other TF aswell??? Like today for instance, i was waiting on retracement on the 1 hour range on EU, but it never came, and dropped into the 15 m FVG instead and continued going higher. But people are taking the trade which i dont get because we are in a premium still. Im going wrong somewhere. Pls help. Thx
If you are watching the 1 hour Bullish and there is a big move, it retraces but still in premium, then goes on and takes out the next High, do you just ignore the previous low even if it was a big move and just use the nearest low, and wait for retracement again?🙆
Sometimes if i miss the move i miss it. However, I generally use the 1hr 4hr daily in terms of dealing ranges. Sometimes m15. when a new ITH/ITL is created then I feel comfortable resting my stop on that.
hey what are your fib levels
in this video its 1, 0, .5
@@TTrades_edu thanks for the response subbed
👍❤️
What ya are doing is just putting food on our tables...may God fulfill all yo' desires
Love it💥🫡🤝thx
Thank you for these amazing videos and explanations. BUT I still have an issue with figuring out which way price would go after my first target. for example if I hit my first target of equal lows and there is additional liquidity below ... what confirmation do you look for to show price is heading lower ?
The other dilemma I have is with ICT market opens and kill zones. when I watch ICT videos his explanation is very difficult to understand. I am a visual guy and I mostly learn with charts and examples. I also need to to see the bigger picture and then broken down. I don't know if you are able to make a couple of videos explaining these points. if you do it would be much appreciated. cheers and God bless 🙏👍
I focus on structure and displacement, if there is continued displacement, most likely headed lower. Have you watched my NY open video?
@@TTrades_edu I have not. I will do so right away and if i have any questions i shall let you know. Thanks for the quick reply. Cheers
GREAT LOVE YOU
🙌❤️
@@TTrades_edu can you do difference between raids and bos
@@evilelixir1957 yep
need fib settings
In this video it’s .5