How I Orginize My Desk
How I Orginize My Desk
How I Orginize My Desk
LUMI
-NQ/YM 10 Handles for Indices is the same to me as 20 pips in Forex.
the Order Flow.
-DXY TRADERS - D/W/M FVG/OB 5 Handles for Indices is the same to me as 10 Pips in Forex.
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MMXM: - 4h/1h FVG/OB
When we study HTF, we can identify the overall
- Are we on buyside or Sellside curve? - 15m/5m FVG/OB TRADERS
daily bias. This involves understanding whether Market Structure / Shift
AMD/PO3:
the market is in a bullish, bearish, or
- Asia/London/NY -What is 1h current market structure? Macro
consolidation phase.
- Monday Range -What is 15m current market structure? ICT Time Ranges
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Trend Day vs Search & Destroy: -Does 5m MSS also break MSS on London 2:33-3:00 /
Here is 3m and 15m layout. I use it for SMT AM Session Ranges
TRADERS
This knowledge is like having a compass that
guides my trading decisions throughout the divergence TRADERS -
-
What was the range on the previous day?
Asia consolidation / expansion?
-15m (same high or low)?
09:30 - 12:00 EST
4:03-4:30
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This is my main layout that I use for trading. I have 10:05 AM ET
Hours.
TRADERS
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NinjaTrader as my trading platform on the left and 1 and
5m charts as my main TFs on the right. I execute based
Formulate a Trading Watchlist: TRADERS
NQ had a consolidation phase during the Asia KZ, followed by London Manipulation (where London pushed
on those time frames. the price below the old low - 14788.75). I view the current market condition as a distribution phase upon
Instruments: Select NQ and ES as key instruments. opening. Presently, the NQ is trading above the NY Midnight Opening Price of 14835.50, indicating a positive
Criteria: Define criteria, like setups or news-driven opportunities. sign for a potential upward continuation at the open. My primary Point of Interest (POI) is the PM Session
BSL at 15006.50. I want to see price aiming to reach that level right from the market open. Additionally,
Set Trading Levels: there's an internal liquidity level at 15039.50 that's worth noting. I would entertain the idea of another long
trade only if a 5-minute candle closes above the 15039.50 level.
Entry Points: Determine specific entry levels based on your analysis. My subsequent POI aligns with the 1-hour SIBI and a 1-hour Breaker Block. In such a scenario, I would be
Profit Targets and Stop-Loss: Calculate profit-taking and risk management levels. interested in a bounce towards the range of 15160.00-15200.00.
Again, in terms of the "Thank God It's Friday" (TGIF) setup, I am waiting for a new low of the week to emerge
Risk Management: today. I will only seriously consider this setup if the NQ breaches below Monday low at 14720.50.
Position Sizing: Calculate position sizes considering your risk tolerance. Instruments: NQ, ES
Risk-Reward Ratio: Aim for a favorable risk-reward ratio. Criteria: Bullish trend continuation (distribution phase at the open)
Entry Points: NQ – 14820 long, ES – 4392.50
Emotional Preparedness: Profit Targets: NQ – 15006.50 – PM Session BSL, ES – 4415.00 – PM Session BSL
Stop-Loss Levels: NQ – 14800.00, ES – 4387.50
Mindset: Prepare yourself mentally to follow your plan despite emotions.
Contingency Plans: Have strategies for unexpected market moves. Position Size: 2 contracts per trade
Risk-Reward Ratio: 1:2
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Morning Routine: Strategy: Enter long if it holds above NMO and 8:30am Opening Price to confirm the continuation of London
TRADERS move on NQ and ES.
Review Plan: Before the market opens, review your pre-market plan for NQ and ES.
News Check: Ensure no last-minute news affects your chosen instruments. lumitraders.com
Levels on my chart
The PM session is scheduled between 13:30 and 16:00 EST.
At 6pm EST, the Globex session for futures trading begins. the Sunday opening price is used to determine the new During this window, we aim to identify the HH and the LL.
The Globex session is a 23-hour trading session that runs from trading week's opening price, which aids in intra-week day When analyzing PM Ranges, we focus on RTH (Regular Trading
6pm EST Sunday to 3:15pm CST Friday. This session is popular trade directional bias. Hours), excluding any Overnight trading activity.
6PM with traders who want to trade futures outside of the regular After the Opening bell rings at 9:30 EST, we have a 30-minute
trading hours of the cash market. When the market is bullish, we want to see the price drop period known as the Opening Range.
Some people use 6pm in the same as NY Midnight Opening below the weekly opening price early in the week, ideally
between the London setup on Tuesday and the New York set
Price when we consider Po3: PM Session BSL / SSL If you have a bullish outlook (with a Higher Time Frame
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between the London setup on Tuesday and the New York set a significant liquidity area that can be utilized for the Silver
up on Wednesday. This bounce is a sign that the market is TRADERS Bullet or Judas Swing setup.
setting down for a bearish run.
7AM
7am EST is another version of midnight price for indices since
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The first thing we consider is the PM (afternoon) session.
it's the NY Killzone open. If we are not close to the PM range during the first 30 minutes
Previous day highs and lows can also serve as liquidity pools
for reversals. after the Opening Bell, we look for the London Session Raid.
- If the price reaches the previous day's high but fails to break
above it, this can indicate a reversal. We may look for entry This refers to the range between 2:00 AM and 5:00 AM, which
At 08:30 New York time , the time comes when the algorithm points to go short as the price is unable to sustain its upward can be found on the ETH chart.
starts looking for liquidity. At 8:30am EST look for old highs or
PDH / PDL momentum.
London High / Low
old low to be swept, then wait for the model. - Similarly, if the price reaches the previous day's low but fails So far, this is our routine: During the first 30 minutes after the
-On a sell day, traders aim to catch the Judas swing that to break below it, this can indicate a reversal. We may look for 9:30 Opening Bell, we assess our position relative to the PM
occurs above the 8:30 open and midnight open. This indicates PWH / PWL entry points to go long as the price is unable to sustain its or London session. There may be a run higher or lower, or the
8:30AM a potential reversal in price movement from the high of the downward momentum. market may consolidate.
day back towards the low. We then wait for the Displacement between 10:00 AM and
-On a buy day, traders look for the Judas swing that occurs Previous Week High and Low 11:00 AM, which sets the stage for the Silver Bullet setup.
below the 8:30 open and midnight open. This can lead to a Previous Week High and Low are liquidity levels that can be
potential reversal in price movement from the low of the day used as a draw on liquidity (DOL) or frame a reversal or
back towards the high. continuation. The range between noon and 13:30.
The lunch hour would usually be a period of consolidation