Recorded on 09-11-2021
Notes on May 9, 2022
1:03:56
John Dollery(Steady)
Liquidity Sweeps:
The principles relies on inducing forms of liquidity bullish or bearish before transitioning into a reversal
Seek prior highs or lows with the understanding the market is highly favorable to be drawn to and through this previous price level
Once clearing the board of liquidity (money/stops/break evens/buy, sell stop orders) the market will trend in the true direction in alignment with algorithmic principles
Entry techniques:
Liquidity Sweep
POI’s
SWHB/SWLB (swing high breaks/swing low breaks)
Asian Range
Optimal timings:
LDN: 7-9 am GMT
NY: 12-2pm GMT
LDN close: 3-5:30 pm GMT
Session based trading can apply to range plays and expansions with in a trending model
Times still apply for the begging of larger reversal once price has achieved its objective
Spotting liquidity:
Equal or relatively adjacent highs / lows
Singular wicks / lonely high low
Multiple zone of (area of highs and lows) typically through of a support or resistance
Timeframe relative:
All timeframe work with the same principle but the higher the frame, the more likely that the longevity of the move will be greater
Seek and destroy model