Interbank Price Delivery Algorithm (IPDA) Data Ranges | D'onte Goodridge

IPTA stands for Interbank Price Delivery Algorithm which controls the price action on our charts. It is the sole reason we get the four phases of the market: consolidation, expansion, retracement, and reversal. IPTA is used by Commercial Speculators to move large orders in the market. IPTA creates shifts on the daily chart every 20, 40, and 60 trading days, known as the IPDA look-back periods.

 

 IPDA Look-Back Periods = 20, 40, and 60 Trading Days

Approximately every 20 trading days, new liquidity pools form on both sides of the market. Understanding IPTA will give clarity about which levels are significant to current price. IPTA is always working and exchanging orders every second. IPTA can be applied on a daily timeframe of the current trading day or the first trading day of a month. 

 

Before trading a new month, traders should follow three steps to gain insight in the market:

(I.) Visualize IPDA Data Ranges in Daily Chart

The first step you must follow is finding the first trading day of a new month. Next you count back 20, 40, and 60 trading days (TD) from the first trading day of the month. Last find the highest high and lowest low in each look back data range.

 

The above is the daily chart of British pound versus US dollar (GBPUSD). Currently we are in January 2023, and the first official trading day is Monday, January 2, 2023. That is the start. From here we look back 20, 40, and 60 trading days: back 20 TD = December 2, 2022; back 40 TD = November 4, 2022; back 60 TD = October 7, 2022. Now we have all our look back data ranges. We find the highest high (red lines) and lowest low (blue lines) in al three quadrants.

(II.) Create hypothesis were price might draw to based on Technical and Fundamental Analysis

Now that we have finished our chart activity, we will take a look at technical analysis, then perform fundamental analysis and gain macroeconomic data that can aid with insight. Last, bring together the two analysis techniques to form a hypothesis on what price should do in the near future. 

 

Every new trading month, I am asking myself two questions: 

 

(1.) Is price going to give me a quarterly shift, meaning change trends?
(2.) Or is price going to continue its current trend? 

 

I have no idea whether or not the market is going to continue its trend or make a quarterly shift during the new month. However, using the IPTA ranges, I am able to structure some story-line, especially around liquidity. Going into a new trading month, IPTA ranges can help to figure out where the large orders of liquidity are residing. One side of the market is going to be taken, whether that is buy side liquidity or sell side liquidity. Look for the highs and lows that are still intact. This is where the price algorithm is going to draw to.

 

 British Pound Forex Seasonality.

(III.) Consider Seasonality

Incorporate Seasonality for more insight going into a new trading month. Seasonality does not tell you when to buy or sell for the year but it does give a general sense of when to anticipate the high of the year or the low of the year or when a instrument may be going sideways for a month or a couple of months.

 

IPDA Library Example #1: Gold/USD vs IPDA.

 Primary driver of the market are Interest Rate Differentials (IRDs).
 

Reference:

D'onte Goodridge (2022) - IPDA Data Ranges (video)

D'onte Goodridge (2022) - IPDA Library Example #2 - #7 (videos)

Michael J. Huddleston (2020) - ICT Forex Price Action Lesson: Advanced IPDA Insights. (video)

Michael J. Huddleston (2017) - Quarterly Shifts & IPDA Data Ranges. (video) 

French and Dutch Colonized Territories demand Independence | Elena Panina

The leaders of more than 15 political associations from Corsica, Melanesia, Polynesia, the Caribbean and the Antilles arrived at the First Congress of Independence Movements from French-Colonized Territories in Baku, Azerbaijan. The congress is also attended by three organizations from the islands of Bonaire and Saint Martin, which are colonies of the Netherlands. The event was organized by the People's Union for the Liberation of Guadeloupe with the support of the Baku Initiative Group.
 

 More centrifugal forces induced into the orbit of 'La Grande Nation'.

It is obvious that the opposition to Paris from the Turkey—Azerbaijan tandem, where Baku acts as a junior partner, has reached a new level. After the protests in New Caledonia, which Paris accused Baku of, Azerbaijan began to fight French colonialism quite overtly. The Fifth Republic clings to its colonial legacy for a reason. 

 

 Macron imposing “republican order” to quash New Caledonia unrest in May 2024
- safeguarding once again French oligarchical cronyism.

Somewhere, like in New Caledonia, there are valuable minerals. Other locations are strategic points for global trade and logistics. So if it turns out to rid these regions of colonialism, then, in addition to the rights and freedoms of local residents, profitable commercial niches will also arise there. Baku—Ankara's actions are completely logical and understandable. It is not clear why Russia does not do the same.

 Without Europe's Spaceport in French Guiana and without support of the US, 

the European Space Program would be in existential troubles.

It should be noted that while Azerbaijan is fighting colonialism, neighboring Armenia is trying, on the contrary, to obtain the status of a colony. Right now, joint military exercises with the United States are taking place on Armenian territory — with units usually stationed in Europe and Africa, as well as with the Kansas National Guard. 

 Royal Dutch Shell, operating in Curaçao since 1918, lost its grip long ago to Petróleos de Venezuela,

S.A. (PDVSA) which is in decline since decades while Brazilian/US and Chinese oil giants rose.

The exercises will last until July 24. Interestingly, does Yerevan understand that when the anti-colonial actions of Baku and Ankara begin to seriously annoy the Western "hegemon" and its satellites, it will be Armenia that will be obliged to fight on both fronts?

 

Quoted from:
Elena Panina - July 18, 2024 

 

See also:

Bassirou Diomaye Faye (2024) - Senegal will destroy French Neocolonialism.

Ibrahim Traoré (2023) - Terminating French Neocolonialism and the CFA Zone in Africa.

Abbas Juma (2023) - Ages of Terror: Here’s why Africa hates France. 

Abdelmadjid Cheikhi (2020) - Massacres and Soap from Human Bones. French Terror in Algeria.

Muammar Gaddafi (2009) - I am the leader of a revolution, not a country.

Odessa leads Resistance to Mobilization | Geopolitics Live

The southwestern Black Sea port city of Odessa is rapidly becoming the center of resistance to Kiev’s increasingly chaotic efforts to scoop up more souls for the war effort. On the night of July 16 alone, a wave of arson attacks targeting the service and personal vehicles of Odessa’s territorial recruitment center employees left five cars burned to a crisp. Similar incidents were reported in Vinnitsa, Rovno, Dnepropetrovsk and Kharkov the same night. Two more cars were burned in Odessa the next night.
 

 55 thousand Ukrainian battlefield casualties in June 2024 alone, 

as Ukraine’s draconian mobilization clampdown gets even worse.

The ‘car-nage’ is no trifling matter for its perpetrators. On Tuesday, authorities in Rovno detained a 22-year-old suspect for the arson of two military vehicles. He faces up to 10 years in prison. Arson is just one method used by the Ukrainian anti-war underground. This week, there was an attempt to blow up a recruitment center in Busk, Lvov region. Recent reports have also mentioned sabotage of railway and electrical infrastructure, attacks on recruiters, and many fighting-age men attempting to flee Ukraine. This reluctance to fight has paralyzed much of the country, even in its most pro-European and anti-Russian regions.
 

 

As of July 17, all males between the ages of 18 and 60 are required to carry a military record 

and identification whenever they leave their homes.

 On July 17 seven Ukrainian deserters exchanged fire with Ukrainian border guards 

while trying to cross the border between the Odessa region and Moldova.

Last week, Ukrainian media revealed that enlistment offices had filed reports on over 417,000 draft dodgers since February 2022, with western Ukraine leading the way. The figures show, for example, that while draft dodging in eastern, central and southern areas of the country range from as little as 4,500 in Kharkov or 14,300 in Kiev, in western areas, which include Lvov, Zakarpatye, Ivano-Frankovsk, Rovno and Khmelnitsky, they total over 334,200 men. Polling by Kiev’s Razumkov Center this week found that a whopping 46% of Ukrainians do not consider it “shameful” to dodge mobilization, with 29.1% saying it is shameful, and 24.8% finding it difficult to answer.

Quoted from:
Geopolitics Live - July 18, 2024

Prophecy of Trump Assassination Attempt & Market Crash | Brandon Biggs

» I saw an attempt on Trump's life. This bullet flew by his ear and it came so close to his head that it busted his ear drum. And I saw he fell to his knees and he started worshiping the Lord. He got radically born again. He became really on fire with Jesus.  « 

 

  

» I saw a great economy crash - worse than the Great Depression. « 

 

» And then I saw Trump winning the presidency through the patriots coming out voting for him. And then there will be a great economy crash - worse than the Great Depression. And the Lord warned me about this would be a great dark time. And then I could see that darkness and heaviness upon America. And I saw Donald Trump praying in the Oval Office. He was weeping before the Lord with his hands on his head. Then the crisis started to lift and good times coming back again. But the Lord said it would be a season of a shaking. « 

 

Brandon Biggs, March 14, 2024.

Quoted from:
Steve Cioccolanti (March 14, 2024) - 3 Prophets explain 3 American Solar Eclipses | April 8 Sign. (full video)

 

2024 in W.D. Gann's Financial Time Table.

 

Meanwhile in Uganda.

S&P 500 Time & Price Targets | Seasonality & Measured Moves

 Second push and month out of the April-May consolidation seems about to complete at around 5,750

by Wednesday or Thursday this week. 

 First month of the third quarter. After a sideways-to-down retracement, third push in August to around 6,000 (± 100)? 

The tri-annual R1 level is at 6,019.

Or the Armstrong Panic Cycle kicks in right now this week or the Feigenbaum Cycle in early August? 

The 40 Month and the 42 Month Cycles point to a multiyear high in August (± 2).

 

Cosmic Cluster Days | July 2024

 Nearly all gains during the first 13 trading days of July | Jeff Hirsch

 

 

 Are We Due For A Little Mean Reversion? | Jeff Hirsch

 

The S&P 500 and the Election Year Cycle | Robert Miner

 

Unpleasant Time Ahead For Stock Market | Tom McClellan

Trump vs Coup d'Etat of Globalists | Alexander Dugin

The architecture of power in the world is radically changing from the Western unipolarity to multipolarity. Trump represents the situation where US can be one of the poles - albeit the strongest and most powerful - of a multipolar world. The globalists don't care about the US as much as they care about anyone else. What they need is planetary power, the absolute power of supranational capital. And all countries, including America and Europe, are only tools in the creation of the World Government.

 

» God save America and all of humanity from the criminal gang of liberals and globalists. «

 

Trump is for America and against World Government. Just as Putin is for Russia, Xi Jinping is for China, Modi is for India, and Orban, Fico, Marine Le Pen and the AfD are for Europe. The multipolar world is a system of sovereignties, while the globalists want sole planetary power, which fell into their hands with the collapse of the Warsaw Pact and the end of the USSR, which is now slipping away from them and to which they are frantically clinging. The globalists have finally turned to direct terror tactics. This is a fact, not just a series of coincidences. It is time to strike back at the globalist network.

Tucker Carlson told me in Moscow that Trump seriously fears assassination by the globalists. Turns out, not for nothing. The more senile Joe sinks into dementia, the more likely it is that Trump will be assassinated. They already have tried. Some people are dead, some are injured. God save America and all of humanity from the criminal gang of liberals and globalists. If we don't stop them now, they will destroy us all.

Quoted from:
Alexander Dugin (July 14, 2024) - Trump vs Coup d'Etat of Globalists. 

 

See also:
Alexander Dugin (July 12, 2024) - Biden could drag us to WWIII. But will Trump be any different?

Alexander Dugin (June 28, 2024) - A Remake of Beavis and Butt-Head.

 

 "The FAKE NEWS is BLAMING IRAN for the Trump assassination attempt & celebrating Zionist VP pick."

"ZIONIST AGENT JD Vance calls for bombing Iran."

That's in line with Jeffrey Epstein’s Mossad Asset Donald 'Warp Speed' Trump.

Feigenbaum Cycle Potential Key Date = August 4 or 9, 2024 | LunaticTrader

In the recent years the 666 week and 666 day cycles have done a good job in pointing out market highs and lows. See this post from 2021 about the Feigenbaum cycle. And this post from 2023, which indicated the summer high as well as the early winter low in that year: 666 Again. Another key date was mentioned in this second article, August 9, 2024.

 

 

The long term 666 week cycle peaked on January 4, 2022, only a few weeks after the December 10 key date we had pointed out in the original article. As shown in the chart, 666 days before that came the covid crash. If we take exactly 666 days then we find March 9, 2020. That became known as Black Monday and was also the day when Italy announced a countrywide lockdown, the first country to do so. So that was the main panic day of the Covid crash. The 282 day decline from the early 2022 peak allowed us to project three more key dates. Late July 2023 became a market peak, followed by a bottom just before the November 1, 2023 date our 666 day cycle indicated. That leaves us with August [4 or ] 9, 2024, the next upcoming key date.

Quoted from:

Dan Van den Berghe a.k.a. LunaticTrader (July 15, 2024) - Potential Key Date.

Wishing Comrade Trump a Speedy Recovery | Pepe Escobar

Comrade Trump is making an absolute killing on Chinese social media. Trump is all over the place on Weibo - zillions of trending hashtags, some with over 450 million views, and a non-stop meme machine. On Chinese social media, Trump is widely known as “Comrade Jianguo” (建国同志  —  Comrade Build-Country). This nickname has been in effect for years. “Build the Country Trump” (Chuān Jiànguó —  川建国) usually translates as “Making China Great Again” - as in whatever he does, China ultimately profits.

  » May he continue to work hard for the ultimate mission entrusted to him by the Party. «

It’s a fascinating process: over the years, the avalanche of playful Trump nicknames actually reflect a blend of mockery and affection. On Weibo, the iconic “fist” pic has been edited in all sorts of ways, for instance depicting Trump as a Communist champ with the caption: “Workers of the world, unite!” (全世界无产者联合起来). And what about this Weibo comment: “I wish Comrade Jianguo a speedy recovery, may he continue to work hard for the ultimate mission entrusted to him by the Party.”

Pepe Escobar - July 14, 2024

 

Trading Major News Events | D'onte Goodridge

News events typically inject momentum into the market, often prompting traders to anticipate where price might trend in response to the news. Making educated predictions about these movements is a common strategy rooted in technical analysis. Position yourself AFTER major news releases (NFP, CPI, PPI, PMI, FOMC etc.) with either a Pump & Dump or a Dump & Pump trading setup.

Sell Scenario/Setup: Wait for the buy side liquidity pool on the 15 minute timeframe to be raided first. After that, go to the 1 minute timeframe entry above the killzone's opening price. Then, anticipate that price will revert back down to a sell side liquidity level.

 

 

Buy Scenario/Setup: Wait for the sell side liquidity pool on the 15 minute timeframe to be raided first. After that, go to the 1 minute timeframe entry below the killzone's opening price. Then, anticipate that price will revert back up to a buy side liquidity level.

 

When price moves above the opening price of a killzone, it's in a premium. This is where to find ideal sell entries. 

When price moves below the opening price of a killzone, it's in a discount. This is where to find ideal buy entries.

Reference:
D'onte Goodridge (July 14, 2024) - Trading News Events. (video)

 

 Major news July 15–19 (UTC -6).

Panic Cycles Week July 15 - 19 & Week September 9 - 13 | Martin Armstrong

 

This assassination attempt came precisely at the time our computer had provided. The week of July 15th was showing up when this year began. Look at the volatility and uncertainty ahead into September. Will they try again? 

 

Quoted from:

Martin A. Armstrong (July 14, 2024) - Secret Service Complete Failure? 

 

User Manual for Martin Armstrong's Socrates Platform, January 2019.

 

Nearly all gains in first 13 trading days | Jeff Hirsch

ICT Macros & Quarterly Theory | Michael J. Huddleston & Daye

Algorithmic macros are timed directives for market maker price algorithms to seek and take out liquidity levels and imbalances in the market. Hence looking at a chart the first task is always to identify imbalances/inefficiencies, buy-side and sell-side liquidity levels. Look at previous day's highs and lows, session highs and lows, highs and lows in the last three days and the previous week. 

 

 

There are 8 macros during the trading day:

 

          #1  London Pre-Open Macro      02:33 - 03:00 EST/EDT

#2 London Open Macro               04:03 - 04:30

#3 New York AM Macro                 08:50 - 09:10
#4 London Close Macro               09:50 - 10:10
#5 London Fix Macro                    10:50 - 11:10
#6 New York AM Close Macro    11:50 - 12:10
#7 New York Lunch Macro          13:10 - 13:40
#8 New York PM Close Macro    15:15 - 15:45

 

ICT Killzones and Macros in the US Dollar Index 5 minute chart.

 

ICT Killzones and Macros in the S&P 500 E-mini Futures 5 minute chart.

Macros focus mainly on the first 20, 30, or 40 minutes of a trading hour (22.5 Minute Cycle). 

 

► There are no ICT macros during the Asian Session.  

► The macro between 9:50 and 10:10 is a time window where the market maker algorithm starts running for liquidity (look for ICT Silver Bullet setup).

► The period between 10:50 and 11:10 marks the end of the 3rd hour of the New York AM Session, and the first 90 minutes of floor trading (90 Minute Cycle). 

► The transition from the AM session to the lunch period leads either to consolidation, reversal or continuation (6 Hour AMDX/XAMD Cycle).

 

Divison of the trading day according to the Quarterly Theory:

6 Hour Sessions, 90 Minute Quarters & 22.5 Minute Micro Cycles/Quarters (EST/EDT).

 

6 Hour Sessions & 90 Minute Quarters in the S&P 500 E-mini Futures 15 minute chart.
 

90 minute Cycles & 22.5 Minute Micro Quarters in the S&P 500 E-mini Futures 1 minute chart.

 

Based on market structure and price action prior and during a macro, three categories can be classified:

 

(1.) Manipulation Macros sweep both buy-side and sell-side liquidity levels.

(2.) Expansion Macros sweep liquidity only on the buy-side OR the sell-side (trending price).

(3.) Accumulation Macros are characterized by ranging prices. 

 

Swing highs and lows of macro intervals can act as support and resistance.

 

Reference:

Michael J. Huddleston (July 9, 2023) - ICT Mentorship 2023 - Algorithmic Price Delivery & Time Macros Intro. (video)
Michael J. Huddleston (June 26, 2023) - 2023 ICT Mentorship - Opening Range Gap Repricing Macro. (video)

Michael J. Huddleston (2017) - Projected Range & Objectives.

Michael J. Huddleston (2015) - ICT Daily Range Profiles.

Daye (2023) - The Quarterly Theory.

 

See also:

Darya Filipenka (2024) - ICT Algorithmic Price Delivery & Time Macros Intro.
Darya Filipenka (2024) - ICT AM NY Session A+ Setup based on Quarterly Theory.
Darya Filipenka (2024) - Quarterly Theory - London and New York AM & PM Setups.
Darya Filipenka (2024) - ICT Silver Bullet Strategy.
Darya Filipenka (2024) - Implementing Economic Calendar Events.

LuxAlgo (2024) - ICT Killzones.

LuxAlgo (2023) - ICT Silver Bullet.

LuxAlgo (2023) - ICT Macros.