Core Definition
"This is a day-based algorithmic ICT trading model and you can use it on all assets"
"This is a day specific model that means the model will appear one day per week it's on the Friday hence the name thank God it's Friday"
"TGIF or thank God it's Friday is a setup that I've codified for end of week range Concepts"
"I don't want to say reversal pattern sometimes I have mistakenly referred to it as a reversal pattern it is a reversal pattern in the sense that in the last portion of Friday's trading you can if it hasn't occurred yet you can anticipate some measure of retracement into the weekly range"
What is the Weekly Range?
"The lowest low of the week all the way up to the highest high of the week that's your weekly range"
Weekly Power 3 Concept
"Power three is not linked to any one particular time frame but when I first introduced it it was appropriate at the time to teach it on a daily chart"
Bullish Weekly Power 3
"On Sunday when the Market's open we anticipate if we're bullish that opening price or this opening price at midnight New York local time you can open drop down we would not see that as bearish we would anticipate that so it's the accumulation phase below the opening price"
"The manipulation is the open and then decline but we're utilizing that function to accumulate long positions... this is where retail Traders would chase that move lower and then they get raked across the coals as the market goes higher"
"Then the market would displace higher above the opening price returned it into some kind of imbalance that would be seen with a bullish fair value Gap or a bullish breaker and rally up so this is the expansion portion of power three and creating the extreme high of the week"
"Then trading off that high to close and this would be the distribution phase of power three"
Weekly Candle Close Characteristic
"Notice where the close is it's above midpoint of the candles entire range the clothes is near each candle's High"
The 20-30% Retracement Levels
"The Range High in the range low if you put a 0.20 and a 0.30 level on your Fibonacci that's basically giving you the 20 and 30 D marker for the entire weekly range"
"Those two levels here that is your sweet spot okay that's where TGIF will likely draw into"
"There are times when it can draw into forty percent or more that's more of a conversation for reversals or Market tops or bottoms"
How to Measure
"If you measure with a Fibonacci from the lowest low all the way up to the high... I'm denoting where 20 of the range from the high down to the low 20 percent of that range is here"
Why 20-30%?
"If there was a reasonable means of measuring or a macro a short little list of directives that the algorithm would follow to reprice from the highest high the week down to some predetermined price what would that be... if we have a little sweet spot that the market can retrace down into in other words we don't anticipate it closing right on the high so if it's going to come off the high before Friday's close and ending the week of trading it's going to stop somewhere between the 20 and 30 percent range"
Required Conditions
"This is a major point that needs to be required in the analysis if the market has reached some premium array if it has not reached a higher time frame premium array then it could continue into the close and close right on the high"
Higher Time Frame Context
"The TGIF trade is going to be extremely precise if you are anchoring it against some higher time frame premium rate or discount array"
"That's why you want to spend majority of your time on a higher time frame charts because the Market's going to gravitate towards these higher time frame premium arrays or discount arrays"
Bullish Delivery Prior to Setup
"Because we traded up into that monthly fair value Gap and because we have been trading up for a long series of weeks each week being bullish we've maintained a bullish delivery"
"So that's how you distinguish whether or not it's going to form or it's going to keep on going and closure on the high but because we traded up into that monthly fair value Gap and because we have been trading up for a long series of weeks"
Timing of the High
"We can assume that is the case when we get to about 130 or so on the Friday and then we can anticipate some measure of retracement into the weekly range"
When Does the High Form?
"If there was no Judah swing at 9 30 when the market opened up on Friday and rallied higher if it wouldn't have formed that in other words if it would have just kept climbing higher and didn't reverse then I would anticipate a lunch time or going into 1 30 to 2 o'clock then create the high of the week"
"The high forms in here around the nine o'clock in the morning hour on Friday it rallies up creating what a Juda swing so all this initial run here sucks Traders into thinking it's going to go higher"
PM Session Silver Bullet
"I taught that there is a PM session okay between two o'clock and three o'clock there is a formation that I dubbed the ICT Silver Bullet"
"The entries must be taken between two o'clock and three o'clock for a silver bullet"
Entry Models
"How many models have I shown you already which one would you have taken that's the part that makes this complicated I don't make it complicated I don't complicate it... whatever one that you feel comfortable with the one that makes the most sense to you"
Bearish Order Block
"50 minute last up close candle prior to this move lower this displacement here the change in the state delivery is the opening price that is my ICT order block okay it has nothing to do with an Fu candle"
"The up close candle is what we're measuring whether you want to have the wherewithal that goes short up in here or not you don't need to you want to wait for it to displace one big candle up and then it runs right over top of it that opening price is where the change in the state of delivery is made when it goes back through it"
2022 Model
"Then we have a short-term low taken with this candle and it closes and creates in the candle here and then as soon as this candle starts trading we have what that's your 2022 model"
"Here's your favorite you got with the short term shift in Market structure here or if you want to use that one either one it validates it then it trades up into what the 2022 entry model"
Fair Value Gap Entry
"We have a fair value Gap here so is order flow bearish it sure is it's respecting every premium array small little Fairway Gap here goes into it rebalance and the bottom end of the hourly fair value Gap we would anticipate displacement lowered"
Breaker Entry
"Another student may see there's a breaker there there's a fair value Gap here I'm going to split that up into four gradients and I want to take my entry in the lower portion of that"
Silver Bullet Entry
"There's your fair bag Gap that forms the ICT Silver Bullet... we have a high low higher high reacting off of an hourly bearish Fairway Gap in the form of a city"
Rejection Block
"Where is the rejection block think about your pdra Matrix I've taught you in core content month four on this YouTube channel there's your highest up close that's your rejection block extend it to the right"
"It does not need to take out the wiki rejection blocks are a very instrumental part for me utilizing time Distortion"
Visual Diagram
Execution Example
"It gives you a fair value Gap I'm getting short here 15 contracts at 15 357 even I want to be ahead of that candles High I want to make sure I'm getting filled that was my entry"
"I'm holding to see if we get into the last hour of trading how we trade we trade into three o'clock we trade half of the 30 and 20 so 25 of the weekly range has been traded to here"
Target and Exit
"My limit order was placed right there as it went down into it boom I missed all this movement here that's fine 20 handlers or so"
"15 357 even short on 15 covering at 15 280 even full pool no partials"
Partial Exit Strategy Option
"You can have static rules where you can take this 20 to 30 percent of the range of the weekly range and you can do gradients on that again you can take it this is the low the lower 25 percent half of it the upper 25 or 700 in the range that makes up the 20 to 30 range you can take a partial as it touches 20. take another partial at the upper portion or upper gradient level before 50 if it gets to 50 take most of your trade off then roll your stock to the most recent swing High and see if it can reach to your next gradient level"
Algorithmic Reasoning
"These markets are algorithmic and everything happens because it's designed and engineered to do such so if there was an algorithm and I'm going to assume for a moment some of you don't believe there is one that's running the marketplace then it wouldn't do some of these types of things but if there is an algorithm then it should do these types of things"
"It's going to draw back if it's going to draw back it's going to do so in a controlled manner because the market is algorithmically delivered so price is controlled it's filing a script"
"I learned I'm sure you've probably heard this also in books and such and other Educators it's profit taking and I have been guilty of using those terms early on in my career where the market would be dropping lower and I would assume that that is profit taking and I don't believe that is the case"
"It's not an absence of buyers and it's not the sellers overtaking buyers it's absolutely controlled"
Summary Definition
"TGIF thank God it's Friday the pattern or setup is simply using 20 to 30 of the weekly range as the draw on liquidity on a Friday"
"The premise is that there's a high forming when it's been bullish all week long and we're going to trade off that high down into 20 to 30 percent of the range that's all TGIF is TGIF is not finding the right PD array in the move I'm giving you that freedom to pick which one you're going to use"
Flashcard Study
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