They are listed in the order of which I Stalk Entry's. A good day would be 1 or more setups in each zone starting with the Open Ice Breaker trade.
OPEN ICE BREAKER
Concept:
The open ice Breakers is designed to take advantage of the previous days close and After Market and Pre-Open MOMENTUM. Using the 13,500 tick helps to eliminate NOISE and give clear break signals.
ENTRY SEQUENCE 13,500 tick for entry and 1500 for continuation clues ONLY.
- 1 I use the Market Bias to get a general direction of trend and Strength/Weakness.
- 2 Then I review Globex activity for changes and confirmation by noting Cycle S/R, Blocks at highs and lows and True Rambos at highs and lows to confirm direction.
- 3 Finally we look for the 13,500 Opening bar to print,
- 4 Once printed we watch for a break in the direction of Pre-Open Momentum.
- 5 Allow the price to touch your break price, but wait!! many times price will retreat a few tick before returning with stregnth.
- Enter once price shows signs of breaking ie.
(probar break on 1500 tick or 2 minute).
EXIT:
I'm looking to catch at least 1 point BUT the 1st Inevitable Target is my true exit, This could be Globex S/R, Pivot S1/R1. I watch very close and allow the market to tell me when to jump ship.
Open Ice,**Notice how the 2nd bar fails at the top of the Open bar, this happens very often**Also Notice the Block volume at the peaks.
Open Ice With Block Volume, it never test the high of the Open bar that Failed at Now Resistance.
Open Ice Example on 13,500tick and1500 tick.
-Also when the Market Bias calls for a Strong Range like today, Look to fade the Hi/Lo's or Stay out if their are NO signs of momentum or tight consolidation is on the pre-open.
When to Avoid Ice Breaker trades
The Open Ice is based on Momentum, so when we signs of slow or NO momentum these the cue to stay away.
When these signs are evident STAY AWAY.
Turn focus on the 7bar positioning. (this is clue of a slow day)
Closed Ice NO trade example
Notice the tight range and consolidated pre-open.
Still went 1.25 pts but may not be worth the risk. Tight 1pt limit required here.
A look on the 1500 **notice the Very tight range.
Another Consolidation. Trapped between R1 and support. No action on Open bar and subsequent bars.
Open Ice Notes:
Many time the price will touch the low of the Open bar then bounce back some ticks, often is a good idea to enter on the return 2nd touch or Break of the Hi/Lo to avoid taking heat on the trade.
BETTER CONFLUENCE SIGNALS
These are signal based on the better indies that employ 3 none correlated indies combined with confluence on 2 or more frames. They can be found all day even on the open, when combined with an Open ice breaker we can see explosive moves. But usually they form after the open.
Remember 4500 tick TREND is the most important aspect of the these signals, If all sets up BUT if trend is off then the trade will more than likely go against you.
If Looking to catch a reversal and Better Cons signals show up. Remember to Note Mushroom Tops and Saucer Bottoms before entry.
What I'm I looking for to Enter and Exit Better Cons?
1. Entry Signals: 500/4500 Sync
500 tick EOT trend cycle to Lock in Sync with 4500 tick trend cycle.
Notes: when this locks. The 1500 will usually overshoot S/R and may show Rambos for extra confirmation.
Exits Signals:
When we get exhaustion signals AND probars on the 1500 tick, we exit if our limit has not been hit. Make adjustment while managing trade.
Re- Entry's of trend:
On 1500 tick We want to see Divergence patterns in direction of the trend in sync with 500 tick cycle turns. These are ideal Entry's after established trend moves.
2. Entry Signals: 500/1500 Sync On 1500 tick We want to see END OF TREND In sync with 500 tick cycle turns.
**End Of Trend on 500 shows the 1st shoulder of a Head and Shoulder pattern Intra-day.
End Of Trend on the 1500 is the Head of head and shoulder.
Entering on the End of Trend Warning, when we get an end of trend warning.
**On the 1500, 500 and lowers when we see Exhaustion ON the End Of Trend -Then we need to WAIT!! for a 2nd cyclical turn after End of Trend.
If we see ONLY divergence when the End Of Trend is shown, then - We enter here as this shows the selling/buying is much weaker.
Mushroom Tops and Saucer Bottoms show early on the 500 tick, many time we see End of Trend at the highs and lows, be observant of the curves, They show up early in the lower frames.
#3 Globex S/R Bounce
This Sequence is a momentum continuation setup from the Globex and pre-open activity.
Don Miller refers to this as the MATD or Morning After a Trend Day setup because support and resistance are particularly prominent after trend days. The momentum can be spotted in this session by Block Volume and Rambos reacting at key S/R Levels,
In my experience these sequences show up after range days as well.
Using the Market Bias I determine a potential direction for the upcoming day, THEN I revisit my charts prior to going bed at 10:30 to see if that bias has changed and what activity if any has shown up. If i spot Blocks failing at highs and my Bias was bearish then I may look for a retest of those highs or a break point to enter short. Often we see Mushroom tops or Saucer bottoms that form overnight and roll over into the open. These are treated as continuation patterns and traded as such.
The main point in this observation is treat the overnight session as one continuous day. It usually has less volume so it will have more manipulation. see The Story between the Gap article for more on this topic
What I look for to Determine and Entry:
I wait for probars or rambos to show up on ANY tick chart to fade the test.
EXITS are determined by points similar to the Open Ice Breaker. I have a minimum of 1 point but often allow the markets to dictate the exit, primarily the Inevitable Target. This move happens early sometimes coinciding with the Open Ice Breaker so after a solid move Im expecting a quick reversal.
A few examples of the test and continuation of overnight momentum.
Blocks Activity at the Pre-Open highs with Exhaustion at Cycle Resistance, good for 5 pts
Flush signal at overnight high led by Amatures
Support overnight and short Cycle break down
Retest of previous days top on Rambos overnight
Rambos overnight and morning Retest of Cycle Resistance
Break of Support Overnight and weak restest in the morning.
..
Internal Syncs and Generic ticks
Internal Syncs with Overshoots
EXIT:
I'm looking to catch at least 1 point BUT the 1st Inevitable Target is my true exit, This could be Globex S/R, Pivot S1/R1. I watch very close and allow the market to tell me when to jump ship.
Open Ice,**Notice how the 2nd bar fails at the top of the Open bar, this happens very often**Also Notice the Block volume at the peaks.
Open Ice Breaker Fade:
look to Fade the Hi and Lows instead of breakouts WHEN the Pre-Open has High Volume at tops/bottoms that NEED TO BE TESTED before continuing. The 2 minute and 1500 tick shows a closer look at the volume activity at this time also. These may be more likely to occur after a LARGE GAP above 8+pts (see more)
ENTRY SEQUENCE 13,500 tick for entry. And 2 minute and 1500 for Volume and test clues ONLY.
- 1 Market Bias Signal RANGE.
- 2 Pre Open Highs that have NOT been tested. May be at Cycle S/R, Pivots or Globex POC. Also Blocks at highs and lows and True Rambos at highs and lows confirm direction.
- 3 Finally we look for the 13,500 Opening bar to print.
- 4 Wait for Price to test the Hi/Lo, many times it rejects quickly.
- Enter Fade in Opposite direction of Strength/Weakness
Blocks at pre-open highs, price retesting the area on the open.
13,500 and 1500 look at an Ice Fade.
When to Avoid Ice Breaker trades
The Open Ice is based on Momentum, so when we signs of slow or NO momentum these the cue to stay away.
- 1.When the After market is consolidated in tight range.
- 2. NO activity and NO peaks.
- 3. Pre-open is Consolidated!
- 4. NO Volume on bars approaching openinning bar!
When these signs are evident STAY AWAY.
Turn focus on the 7bar positioning. (this is clue of a slow day)
Closed Ice NO trade example
Notice the tight range and consolidated pre-open.
Still went 1.25 pts but may not be worth the risk. Tight 1pt limit required here.
A look on the 1500 **notice the Very tight range.
Another Consolidation. Trapped between R1 and support. No action on Open bar and subsequent bars.
Open Ice Notes:
Many time the price will touch the low of the Open bar then bounce back some ticks, often is a good idea to enter on the return 2nd touch or Break of the Hi/Lo to avoid taking heat on the trade.
BETTER CONFLUENCE SIGNALS
These are signal based on the better indies that employ 3 none correlated indies combined with confluence on 2 or more frames. They can be found all day even on the open, when combined with an Open ice breaker we can see explosive moves. But usually they form after the open.
Remember 4500 tick TREND is the most important aspect of the these signals, If all sets up BUT if trend is off then the trade will more than likely go against you.
If Looking to catch a reversal and Better Cons signals show up. Remember to Note Mushroom Tops and Saucer Bottoms before entry.
What I'm I looking for to Enter and Exit Better Cons?
1. Entry Signals: 500/4500 Sync
500 tick EOT trend cycle to Lock in Sync with 4500 tick trend cycle.
- 1.When this happens we want to see and End Of trend on the 500 tick.
- 2. Probars confirming the lower turning points.
- 3. Break of probar for confirmation to enter.
Notes: when this locks. The 1500 will usually overshoot S/R and may show Rambos for extra confirmation.
Exits Signals:
When we get exhaustion signals AND probars on the 1500 tick, we exit if our limit has not been hit. Make adjustment while managing trade.
Re- Entry's of trend:
On 1500 tick We want to see Divergence patterns in direction of the trend in sync with 500 tick cycle turns. These are ideal Entry's after established trend moves.
2. Entry Signals: 500/1500 Sync On 1500 tick We want to see END OF TREND In sync with 500 tick cycle turns.
- 1. 1500 tick We want to See previous Exhaustion.
- 2. When this happens we want to see cycle turn on the 500 tick.
- 3. 500 tick Probars, NoD and Divergence confirming the lower turning points.
- 4. Break of Pro/Am bar for confirmation to enter.
Bonus clues: Setups happen at Open or Around 7&9 bar Zones. VSA and Internals are great confirmation.
Notes: when this locks. The 500 will usually show divergence on 500 tick and overshoots also.
Exits Signals:
When we get exhaustion signals AND probars on the 1500 tick, we exit if our limit has not been hit. Make adjustment while managing trade.
TIPS:
Head and Shoulder Intr-day pattern clues.
**End Of Trend on 500 shows the 1st shoulder of a Head and Shoulder pattern Intra-day.
End Of Trend on the 1500 is the Head of head and shoulder.
Entering on the End of Trend Warning, when we get an end of trend warning.
**On the 1500, 500 and lowers when we see Exhaustion ON the End Of Trend -Then we need to WAIT!! for a 2nd cyclical turn after End of Trend.
If we see ONLY divergence when the End Of Trend is shown, then - We enter here as this shows the selling/buying is much weaker.
Mushroom Tops and Saucer Bottoms show early on the 500 tick, many time we see End of Trend at the highs and lows, be observant of the curves, They show up early in the lower frames.
3. Entry Signals: 1500/4500 Sync
4500 tick EOT or PB trend cycle to Lock in Sync with 1500 tick trend cycle.
- 1.When this happens we want to see and End Of trend or PB on the 4500 tick.
- 2. Probars on 500/1m/2m confirming the turning points.
- 3. Break of probar for confirmation to enter.
Bonuses clues: Divergence in the direction of trend After Exhaustion or Flush signals.
Notes: when this locks. The 500 will usually overshoot S/R and may show Rambos for extra confirmation.
Exits Signals:
When we get exhaustion signals AND probars on the 1500 tick, we exit if our limit has not been hit. Make adjustment while managing trade.
#3 Globex S/R Bounce
This Sequence is a momentum continuation setup from the Globex and pre-open activity.
Don Miller refers to this as the MATD or Morning After a Trend Day setup because support and resistance are particularly prominent after trend days. The momentum can be spotted in this session by Block Volume and Rambos reacting at key S/R Levels,
In my experience these sequences show up after range days as well.
Using the Market Bias I determine a potential direction for the upcoming day, THEN I revisit my charts prior to going bed at 10:30 to see if that bias has changed and what activity if any has shown up. If i spot Blocks failing at highs and my Bias was bearish then I may look for a retest of those highs or a break point to enter short. Often we see Mushroom tops or Saucer bottoms that form overnight and roll over into the open. These are treated as continuation patterns and traded as such.
The main point in this observation is treat the overnight session as one continuous day. It usually has less volume so it will have more manipulation. see The Story between the Gap article for more on this topic
What I look for to Determine and Entry:
- 1. Recent Highs/Lows that are tested Overnight, including Mushroom Tops and Saucer Bottoms.
- 2. Block activity at S/R cycles, daily High/Lows
- 3. True Rambos at highs, Lows or Cycle S/R that has formed Over Night.
- 4. Early Retest of the S/R
I wait for probars or rambos to show up on ANY tick chart to fade the test.
EXITS are determined by points similar to the Open Ice Breaker. I have a minimum of 1 point but often allow the markets to dictate the exit, primarily the Inevitable Target. This move happens early sometimes coinciding with the Open Ice Breaker so after a solid move Im expecting a quick reversal.
A few examples of the test and continuation of overnight momentum.
Blocks Activity at the Pre-Open highs with Exhaustion at Cycle Resistance, good for 5 pts
Flush signal at overnight high led by Amatures
Support overnight and short Cycle break down
Retest of previous days top on Rambos overnight
Rambos overnight and morning Retest of Cycle Resistance
Break of Support Overnight and weak restest in the morning.
..
Internal Syncs and Generic ticks
Internal Syncs with Overshoots
