r/ICT_Simplified

Unexpected news and price pumped after an accumulation during Asia and London and then selloff after. classic AMD, accumulation, manipulation, distribution.

Trade setup. Still bearish on NQ in general as it did not make a new ATH but ES did. So i am looking for shorts on NQ. Why make it complicated: Distribution -> expansion -> accumulation -> expansion -> distribution -> expansion. Accumulation in a NDOG, expansion to a NWOG, aligned with the -1 std dev of the accumulation, then expansion to the -1 std dev of the original consolidation (distribution). SL above the fvg, TP at -1 std dev of the original consolidation (distribution).
There was some unexpected high volatility for a few seconds that sent price to a couple of points away from my final tp. decided to close the trade and filled way off from the TP but it hit the TP a few minutes later.

(also see 2nd image) Overall bias since the new ATH is bearish. Entry off the daily -1 std dev and top of the 4h fvg. clean trade. tp between the top of the 5m fvg and ndog. There was also an opportunity for 2022 model entry, see small fvg at the top (image 1).