Impulse Price Swings - Definition
"when you look at price action you need to be thinking in terms of impulse price swings because inside the impulse price swings it's going to give you a lot of detail"
"we have price swings moving from high down to a low to another high down to another low to a high to a low to another high making another low up to a high down to a low up to a high down to a low"
"there are smaller more specific impulse price swings that have a lot more influence over the marketplace in the form of a manipulative move or market making manipulation"
Market Protraction - Definition
"market protraction is time sensitive it's an impulse price swing that is highly sensitive to a time of day"
"we can look at time sensitive impulse price swings which is market protraction"
"there's usually a protractionary market phase that enters the marketplace and it's a small little impulse price swing that's counter the major direction that you're going to see after that specific time of day"
Judas Swing
"if we see a movement higher and more bearish we see that as market protraction or a judas swing it's a false rally to sell into"
"this is market protraction it seeks liquidity below the market over here clearing out lows and then rallies"
Three Primary Protractionary Market Moves Every 24 Hours
"the first one is raid at zero gmt you'll see one little movement away or lower in other words up or down right at that at delineation in time"
"i don't believe asia is that influential initially"
"the other market protractionary state is in is in london"
"initially right after midnight new york on this day we have a market move higher this market move here is a protractionary market phase where the market trades up initially at a specific time of day so there's an impulse price swing here but its design is to fake out the individuals that chase that initial move after midnight"
"it's after 4 gmt on the forex ltd demo account"
"the second impulsive price swing starts in new york we delineate seven o'clock in the morning and we anticipate if the market has moved lower in london we're going to be looking for a retracement higher that impulsive price move higher is market protraction it's designed and intended for manipulation only it's to get traders to think that the the market's making a low in this case it rallies up and then trades down ultimately here again"
"it has to happen after seven o'clock in the morning has to happen after seven o'clock in the morning and it has to happen after seven o'clock in the morning"
Critical Time Elements
"by holding down control and tapping y on your keyboard you'll add the vertical delineations for zero gmt so zero gmt vertical line to another day divided basically"
After Midnight New York Time
"initially right after midnight new york on this day we have a market move higher this market move here is a protractionary market phase"
After 7 AM New York Time
"in new york session opening market goes into another projectionary market state right after the seven o'clock hour going into new york open small little retracement and market trades lower again seven o'clock in the morning the market goes into a small impulse price swing higher this is market protraction its intent is for for manipulation"
After 8 PM New York Time
"after midnight new york time after 7 a.m new york time and 8 p.m new york time there's usually a protractionary market phase that enters the marketplace"
"its counter direction in other words if this move occurs at this time of day if it goes higher we think the opposite direction if it goes lower we think the opposite direction so if it initially moves higher and the market's been going lower we see that as manipulation or market protraction"
Trading Application
Blending Impulse Price Swings with Time of Day
"so we're blending impulse price swings and then time of day"
Example: Selling at Premium After Protraction
"we see a market move down from a market impulse price swing so we can measure that swing down from the high we can use this one it's high down to this low it retraces back up above equilibrium so we go into a premium market at the 62 retracement level we can sell there with a move expecting to see a run below this low market goes into protractionary phase after an impulse price swing we can be a seller reaching for liquidity below the lows"
Manipulation Design
"market's going to seek to draw in participants on the wrong side of the marketplace or reach for liquidity"
"this would look like a low in this run up here would entice buyers in a new york session and then they reverse it"
"small minor little impulse price swing but its design is to manipulate the sentiment and or the thoughts of traders wanting to be participants"
Key Difference: Impulse Swings vs. Market Protraction
"the difference in in determining impulse price swings and in market protraction is the fact that there is a time element applied to the small impulse swing after midnight new york time after 7 a.m new york time and 8 p.m new york time"
- Impulse Price Swings: "when you look at price action you need to be thinking in terms of impulse price swings"
- Market Protraction: "market protraction is time sensitive it's an impulse price swing that is highly sensitive to a time of day"
- Counter-Directional: "it's a small little impulse price swing that's counter the major direction that you're going to see after that specific time of day"
Session Trading Application
"so for session trading and for session drills you can use this concept to help give you context in your practicing and also build your anticipatory price skills"
Study & Review
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