2 POI Selection Flashcards

1
Q

What runs the market?

A

Demand & Supply.

Everything we see on the charts (impulse, correction, structure etc) → Is The Interaction between → Supply/Demand -

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2
Q

By monitoring Supply & Demand what can we understand?

A

Who is in control

How did they take control

Where did they take control

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3
Q

In it’s basic form -> We view Supply/Demand the same way we view structure

A

Bullish structure -> Demand is in control

Bearish Structure -> Supply is in control

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4
Q

When looking at Supply, we are looking for…

A

An unmitigated Buy before a Sell candle (B2S) that breaks something to the left (BOS, iBOS, Demand break)

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5
Q

When looking at Demand, we are looking for..

A

An unmitigated Sell before a Buy candle (S2B) that breaks something to the left (BOS, iBOS, Supply break)

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6
Q

When looking at Supply, we are looking for..

A

An unmitigated Buy before a Sell candle (B2S) that breaks something to the left (BOS, iBOS, Supply break)

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7
Q

When can we class a Demand/Supply level as mitigated?

A

In theory they can only be mitigated once they have broken structure

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8
Q

What are the 7x POI Selection Criteria

A
  1. Is the POI visible S/D PA on m15 or above? ✅ ❌
  2. Is the POI a BTS/STB engulfed candle? ✅ ❌
  3. Did the POI break something to the left? (BOS, iBOS, S/D) ✅ ❌
  4. Does the POI have valid interaction (or an extreme that breaks something?) ✅ ❌
  5. Does the POI/area run liquidity? ✅ ❌
  6. Does the POI have inducement? ✅ ❌
  7. Is the POI in P/D of something relevant? ✅ ❌
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9
Q
  1. Is the POI visible S/D PA on m15 or above? ✅ ❌
A

The POI (D/S) should be visible on M15 or above

  • Engulfed S2B/B2S
  • Inside bar (LTF range)
  • STB/BTS wicks
  • Large Wick(s)

Select POI on HTF (m15 or >) Refine on LTF (not the other way ❌

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10
Q
  1. Is the POI a BTS/STB engulfed candle? ✅ ❌
A
  1. B2S → Close/Engulf the low of the previous candle
  2. It’s Irrelevant what happens above (Wicks it, closes above, massive wick etc..)
  3. The body of the sell candle must close below the entire previous candle body/wick
  4. S2B → Closes/Engulfs the high of the previous candle
  5. It’s Irrelevant what happens below (Wicks it, closes below, massive wick etc..)
  6. The body of the buy candle must close above the entire previous candle body/wick
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11
Q
  1. Did the POI break something to the left? (BOS, iBOS, S/D) ✅ ❌
A

If there are enough orders, the POI should easily break;

  • Structure
  • Demand/Supply
  • Internal Structure (iBOS)
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12
Q
  1. Does the POI have valid interaction (or an extreme that breaks something?) ✅ ❌
A

The POI must interact with valid D/S showing a transaction/exchange of orders

or

The POI must be an extreme that breaks something

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13
Q

What is the logic behind looking for an “engulfed” S2B/B2S?

A

The candle should easily close below/above the previous one if there are enough orders.

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14
Q

What do you do when a B2S / S2B engulfs more than one candle?

A

Include multiple candles - use a larger range

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15
Q

What are the 5 POI Refinements criteria?

A
  1. Identify valid engulfed B2S/S2B POI ✅
  2. Identify LTF range → The time it took the candle to form ✅
  3. Map the Lowest to the Highest (B2S) / Highest to the Lowest (S2B) point within the LTF range ✅
  4. Identify a B2S/S2B engulfed candle within the range = Refined POI ✅
  5. IF price comes into our refined POI → Look for seconds entry ✅
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