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IPDA Levels for Turtle Soup Trading

The document outlines a trading strategy using Fibonacci retracement levels and standard deviation to identify entry and exit points based on a 20-day lookback period for high and low prices. It emphasizes targeting previous day highs and lows, and using market structure to determine bullish or bearish bias. The strategy includes drawing Fibonacci levels and standard deviation to guide trades and scalps across various time frames.

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odniegro
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41 views6 pages

IPDA Levels for Turtle Soup Trading

The document outlines a trading strategy using Fibonacci retracement levels and standard deviation to identify entry and exit points based on a 20-day lookback period for high and low prices. It emphasizes targeting previous day highs and lows, and using market structure to determine bullish or bearish bias. The strategy includes drawing Fibonacci levels and standard deviation to guide trades and scalps across various time frames.

Uploaded by

odniegro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

MODEL 1: 20, 40, 60 day IPDA levels + discount and premium with SD.

Buy program:

Sell program:

● Basically draw a fib from the high to the low from the past 20 days, that is your range
to work within.
● If long, buying below 50% is good, if short selling above 50% is good.

Using 20 days look back for high and low to find true discount and premium.
● Drawing fib from 7am - 10am low and high, want 61.8% retracement before entering

Draw standard deviation between high and low you expect to be taken, them standard
deviation levels can be used for scalps.
● Price reacts off 0.5%/50% and goes down.
● Then it reacts off 0%/equilibrium and consolidates.
● Then it reacts off -0.5 level and gives a scalp entry short.
● Final TP at -1 SD.

Fib from low to high, enter at 50%, if u draw from bodies it will be OTE.
● The markets draw on liquidity is based on the high and low of the past 20, 40 and 60
days. Identify them, target them. The IPDA dealing range is dynamic, constantly
moving.

● Price hits into open FVG, while going into discount, then does MSS , comes back to
the breaker/Ob for 2nd stage distribution at the up pointing arrow, while being at 50%
fib.
● Always draw fib dealing range, price will react off 50%, 61.8% and 71-79%.

Top picture is 1H, the bottom is 15m.

● Use IPDA 20 day look back to find high and low, target them and stay with bias until
it is taken. “x” with the arrow is IPDA dealing range high.
● Target previous day high/low depending on what is relevant in terms of bias, and how
the daily candle closed. Good DOL. ICT is targeting that previous day high, 15m.

● Then price goes on to run Wednesdays, Thursdays and Fridays high from the sell
side of the curve. (identified by lines)

● Old daily highs and lows levels dragged out will produce high energy movement
when price comes to them. Use ones from the opposite side of the mmxm curve,
drag out.
● If you are bullish, you want to target highs from the past 20 day dealing range.
● If you are bearish you want to target lows from the past 20 days dealing range.
● Start on the daily chart, draw your 20 day dealing range, are we in premium or
discount?

You want to always be looking for this pattern, target lows on the sell side of the curve.
ICT: “This is the thing you were looking for, that missing piece, that's all you’re looking for”.

Apply this to all time frames.

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