Impulse Price Swings & Market Protraction
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Impulse Price Swings
When you look at price action, think in terms of impulse price swings — high down to a low, up to a high, down to a low, over and over. Inside the impulse swings is where the detail lives. But there are smaller, more specific impulse swings with far more influence: the ones that are manipulative.
Market Protraction
Protraction is a time-sensitive impulse price swing — a small move that is highly sensitive to the time of day, designed and intended for manipulation only. It runs counter to the major direction you'll see after that time of day: if it moves higher at the protraction time, think the opposite direction. Its design is to fake out those who chase the initial move — to draw participants onto the wrong side, or to reach for liquidity (e.g. clearing out lows before the rally).
The 3 Protraction Times (per 24h)
Tip from the notes: hold Ctrl and tap Y (on the platform) to add the vertical 0 GMT delineations so you can see the time-sensitive swings.