PD Arrays Flashcards
What is the relationship between FVG and time?
Aviona FVG
FVG’s extend in time, creating a “space of price inefficiency” …
usually until they are filled completely or “touched on”
Describe a BISI
Aviona FVG
Buyside Imbalance
Sellside Inefficiency
there is only buying going on in the gap between the wicks of the 1st and 3rd candles
Describe a SIBI
Aviona FVG
Sellside Imbalance
Buyside Inefficiency
There is only selling going on in the gap between the wicks of the 1st and 3rd candles.
BISI AND SIBI EXAMPLE
Aviona
BISI AND SIBI EXAMPLE
Where is price attracted?
Aviona FVG
Price is attracted to places in the market that are “inefficient”
Such as FVG price range.
So price wants to revisit them and “fill them in”
What is a “get-away” FVG?
Aviona FVG
A get-away FVG is one in which price touches, but is “so hot” that it quickly runs away without filling
What is a “measuring” FVG?
Aviona FVG
A measuring FVG forms during a bigger price movement but on a lower timeframe (e.g. 1min).
The measuring FVG will not get filled but it gives us an indication (indeed a measure) of the total price movement and so a confirmation of where out target exit should be.
We will measure from the get-away FVG to the measuring gap and project that price move to find our target.
What is a liquidity void?
Aviona FVG
A special type of FVG in which there is a total “gap” of buying or selling.
How do I know what price will do while it is inside the FVG?
Aviona FVG
1) higher time frames
2) bias
3) looking at the same timeframe as the FVG
4) Observe the reaction and the rejection
What is the significance of how price interacts with an FVG?
Aviona FVG
How price interacts with and FVG is a sign of what price wants to offer.
Name 3 different ways that price interacts with FVG
Aviona FVG
1) fills it with wicks only
2) fills it with both bodies and wicks but does not close beyond FVG. Thus respecting it
3) runs all over it with no respect
1) why would FVG get filled completely but not get disrespected?
Aviona FVG
Price completely fills FVG while respecting it - meaning price does not close on the wrong side: price wants to follow the direction of the FVG:
BISI = go bearish
SIBI = go bullish
3) What happens when FVG gets filled by wicks only?
Aviona FVG
We have a get-away FVG, probably the start of a bigger price movement in the direction of the FVG.
This FVG is also now a Volume Imbalance
4) What happens when FVG gets filled with both bodies and wicks?
Aviona FVG
When FVG gets filled with both bodies and wicks, it is JUICY!
As long as it is respected by candle bodies (on the same time frame), it is valid even if wicks do not respect.
5) What happens when price runs all over FVG with no respect?
Aviona FVG
The price does not want to follow the FVG direction.
What do I need to know about FVG and time?
Aviona FVG
Look at the FVG on the same time frame on which it was formed before jumping to conclusions about price movement.
What do I need to learn about FVGs?
Aviona FVG
I need to learn how to understand what price is going to do while it is inside the FVG
When is the optimal formation of this FVG?
ICT FVG/ Displacement
The optimal formation of this FVG is found after a run into buyside liquidity
Where is this FVG typically found?
ICT FVG/ Displacement
It is typically found just above a single Price High or Multiple Price Highs (Double Top)
When do I start looking for SIBI?
ICT FVG/ Displacement
Start looking for SIBI after
old high is taken out and price starts to drop
When is the optimal formation of this FVG?
ICT FVG/ Displacement
The optimal formation of this FVG will be found after a run into sellside liquidity
Where is this BISI typically found?
ICT FVG/ Displacement
It is typically found just below a single price low or mulitple price lows (Double Bottoms)
When do I start looking for FVG?
ICT FVG/ Displacement
Start looking for BISI after
old low is taken out and price starts to rise
1) when do I look for price swing on 15M?
2) When do I go down to lower time frame?
ICT FVG/ Displacement
1) look for the 1st swing high (sell) or swing low (buy) to left of 8:30
2) go to lower time frame as soon as price creates a new high or low and reverses direction.
in this instance, when do I go to lower time frame?
ICT FVG/ Displacement
as soon as price starts to trade lower (eye) and start looking for FVG
study this out
ICT FVG/ Displacement
ICT is following along on the 1M chart while waiting for price to go abo
