GxTradez | Phases of Price & Profiles For Expansion

how's it going everyone and welcome back to another episode today

we are joined by garrett who is going to discuss daily profiles

and aligning that with a daily expansion candle i hope you enjoy the video what's up guys hope you are all doing well thank you t for having me

I don't want to waste any time, so let's start with a short introduction. My name is Garrett, or GX Trades.

I've been trading for about six years and got introduced to ICT about two years ago,

where I learned from traders like TTrades, AMTrades, and the MMXM trader.

And of course, I have to create an ICT, even though I've never watched an ICT video in my life.

This is where I gained a solid grasp of concept,

taking little pieces of information from here and there, from other traders.

I can mention Afiz too, Kiko. There's many traders, right?

But most importantly, I spent thousands of hours to develop an approach that made sense to me.

And I will be sharing a piece of that with you today. My goal in this video is to shift your focus to the foundational concepts that help frame narrative,

which is the most important part of trading. So let's go ahead and shift into that.

So these are some of the foundational pieces to framework, right?

So phases of price delivery, swing formations. We use swing formations on all timeframes and open high look close or profiles, right?

These core concepts are used to further support price anticipation from reversal point to targets or models, right?

So this is what we're using to gauge reversals away from reverser points to targets.

And also how to gauge distributions away from reversal points to targets.

So now let's talk about the phases of price delivery. Now I learned this from the MXM trader. Go check them out.

One of my mentors, highly advised to check them out. So what can price do and not do?

Price always goes from consolidation to an expansion. Price can go from expansion to retracement.

Price can go from an expansion to a reversal. Price can go from an expansion to consolidation.

Price never goes from a consolidation to reversal. And price never goes from a consolidation to a retracement.

Every phase starts and ends with expansion. So this is very important to know because this is how we actually anticipate price, right?

So if we see that price expanded, right, and then consolidated, right, which is right here, right, expansion and consolidates, then we know it must expand again, right?

This is giving us narrative, right, because price can't do what? It can't reverse from consolidation, right? So that's just one example.

So now let's talk about price signatures. So the expansion signature is you're trading within an expansion candle, right?

An expansion candle has a small wick. That's one of the signatures, right, for trading within an expansion candle.

Now, within this expansion candle, generally, this is what makes up the expansion candle rate.

It's actually the lower time frame expansion. So the internal lower time frame expansion makes up the body of the higher time frame candle rate.

Now, the expansion signatures will be opposing candle supporting price to ERL or IRL. These are our objectives.

Lows being rejected, highs being displaced through, and shallow retracement. This is important.

We want to see shallow retracements on our way to the objective.

Once we hit the objective, this is when we can expect a new phase of price. So this is when we expect maybe a deeper retracement.

But we don't want to see these super deeper tracements. So going on to continuation signatures.

Now, this is what we want to see when price is on our way to the drawn liquidity.

Now, let's say we expand to a relevant level and we get a continuous signature.

that means we're going to continue through that level generally right so

if price expands consolidates and we must

expand again right if price expands or

traces then we must expand again so we're going to get into the signatures of these continuation signatures right here so consolidation

if price expands into an objective right and consolidates generally we're going to

continue right so how do you trade a consolidation if we don't manipulate the low

Well, we have to fail to manipulate the consolidation high, which is simply when price engages the high, creates opposing candles and closes back through it.

Generally, you can then trust price to continue that expansion. Now, this is the ideal way to trade an AMD continuation.

Because when price expands, consolidates, we ideally want to be trading away from manipulation at all times.