What Is BIAS? In SMC/ICT | HINDI | BANKNIFTY| LECTURE~9

Video focus

Price/time bias in SMC/ICT trading (Bank Nifty / Nifty). Covers how to find market direction using a top‑down timeframe approach, liquidity concepts (order blocks, fair value gaps, mitigation/breaker blocks, volume imbalance), and how to build a dealing range to trade with the institutional bias.

Tickers / assets / instruments mentioned

• Bank Nifty (primary example) — referenced ~47,000 level in the lecture
• Nifty
• Gold
• Bitcoin (BTC)
• Forex / currency pairs
• Options (brief reference to “PE”)
• Concepts/instruments: order blocks, mitigation blocks, breaker blocks, fair value gap (FVG / FPG), volume imbalance / volume balance, equal high/low liquidity, BTST (buy today sell tomorrow)

Framework / methodology (step‑by‑step)

1. Top‑down Time & Price Theory (use these frames in order)

   • Monthly = Macro institutional level
   • Weekly = Intermediate institutional level
   • Daily = Short‑term institutional level
   • Workflow: determine bias on the higher timeframe first, then move down to weekly → daily → 15‑min to find entries. Do not start on a lower timeframe and work up.

2. Monthly / weekly / daily opening rule (simple bias rule)

   • If monthly candle is bullish: look to buy below the monthly opening; sell above the opening for booking. Use lower TFs to find entries.
   • If monthly candle is bearish: look to sell above the monthly opening and buy to cover at the month low.
   • Same logic applies to weekly and daily institutional levels.

3. Recognize daily candle shapes and implications

   • OHLC (Open → High → Low → Close) vs OLHC (Open → Low → High → Close) patterns can indicate fake momentum then real momentum — useful to discern intraday momentum vs trap.
   • Expansion / large displacement candles often follow a liquidity trap/tap.

4. Identify institutional footprints (trade setup inputs)

   • Fair value gaps (FVG / FPG)
   • Order blocks (advance order blocks, mitigation blocks)
   • Breaker blocks, rejection blocks, vacuum blocks
   • Volume imbalance / volume balance
   • Liquidity pools: previous day high/low, previous week high/low, swing highs/lows, equal highs/lows

5. Daily bias rules using liquidity grabs (cookbook)

   • If previous‑day high liquidity was grabbed (swept), next day bias often becomes downside hunting that high.
   • If previous‑day low liquidity was grabbed, next day bias often becomes upside hunting that low.
   • A close below/above the grabbed area in continuation reinforces the continuation bias for the following day.
   • Use gap openings and “flat” openings + first fake momentum to determine real direction at 9:15.

6. Dealing range construction and usage

   • A dealing range forms after both buy‑side and sell‑side liquidity hunts, resulting in a range/lag.
   • Identify the discount zone (lower end) and premium zone (upper end) inside the dealing range.
   • Trade:
     • Buy in the discount zone and sell at the premium zone (if bias is long).
     • Sell at the premium and buy back at the discount (if bias is short).
   • If structure shows buy‑side hunted first then sell‑side (or vice versa), mark the range from the first pivot to the last. Order blocks and volume balance inside the range provide entries.

7. Entry confirmation & execution

   • Prefer entries where multiple tools overlap (e.g., FVG + order block + volume imbalance + equal high/low liquidity).
   • Use higher‑to‑lower TF confirmation: identify a zone on monthly/weekly, then refine entry on daily/15‑min.
   • Set stop loss and targets per defined order block / liquidity targets (equal highs or volume balance targets).

Key numbers, levels and examples

• Bank Nifty referenced around 47,000.
• Example monthly target: 46,400.
• Intraday momentum examples:
  • ~370 points captured on a day
  • Small intraday trades of ~100–150 points described as “risky” in some setups
• Large swing possibilities referenced: examples of 900–1,000 points and even 2,000+ points for long‑term momentum moves
• Specific TP examples: ≈180 points and ≈1,600 points (contextual to the speaker’s live trades)

How to interpret liquidity grabs (practical rules)

• Liquidity grabs on previous‑day high → next day bias likely down (hunt for that high).
• Liquidity grabs on previous‑day low → next day bias likely up (hunt for that low).
• If a liquidity grab is followed by a close below/above the area in continuation, the continuation bias persists the next day.
• Weekly high/low grabs give weekly bias in the same way as daily grabs.

Practical trade planning points

• Mark monthly / weekly / daily order blocks and FVGs first.
• Use weekly/monthly targets to define the “big” bias, then trade pullbacks on daily/15‑min toward those targets.
• Use equal highs/lows and volume balance as liquidity targets for profit booking.
• Avoid trades where stop loss is disproportionate to the target (small target with big SL = poor risk/reward).

Entry quality and risk controls

• Combine multiple overlapping signals for higher probability (order block + FVG + volume imbalance + liquidity).
• Master bias before trading — bias determines which side to look for on lower timeframes.
• Always work top‑down (higher timeframe bias first).
• Avoid high‑risk small trades with large stops unless risk/reward is justified; be cautious with BTST and intraday trades without full context.

Performance / claims / disclosures

• Speaker claims funded prop‑trader experience:
  • Passed multiple funded challenges; mentions managing $1M funding and passing prop challenges “back to back” (three times claimed).
  • Offers private mentorships, Telegram signals and a trading/mobile app with live trades.
• The speaker frequently advises learners to test and verify teachings; no literal “not financial advice” phrase captured verbatim.

Tools / channels mentioned for live trading & learning

• Telegram channel: trade signals and live updates
• Personal mobile app (iOS/Android): free PDFs and live stream access; live streams referenced Monday 6:00 PM (New York session) for Forex trading
• Live streams and private mentorship batches

Limitations / caveats from the lecture

• The lecture mixes conceptual theory with live chart walk‑throughs; numeric examples are context‑specific and not universal rules.
• Numeric claims and anecdotal trade returns are the speaker’s experience and may not generalize.
• Some transcript values/phrases are ambiguous (e.g., “PE tapped”); use the methodology and rules, not ambiguous literal numbers.
• Consider macro events (geopolitical, economic news) — monthly bias can be overturned by major macro news.

Explicit recommendations and cautions

• Validate teachers and their track records; avoid blind faith in social media setups.
• Beware of half‑knowledge — incomplete frameworks lead to inconsistency.
• Use overlapping clues and higher‑TF confirmation for entries.
• Control risk: ensure SL / TP make sense for the chosen setup and time horizon.

Short summary

Find institutional bias using Time & Price theory (monthly → weekly → daily), then trade lower‑TF setups that align with that bias. Use liquidity concepts (FVG, order/mitigation/breaker blocks, volume imbalance, previous day/week highs/lows) to time entries and targets. Construct dealing ranges by identifying buy‑side and sell‑side liquidity hunts and trade discount/premium zones inside those ranges. Favor higher‑TF confirmation and combine multiple tools for higher probability trades, while validating sources and managing risk.

Presenters / sources mentioned

• Lecture presenter: identifies as “Gwyer”
• Other names referenced: “Nilesh Bhai”, “Anish Bhai”
• Platforms / firms mentioned: Telegram (speaker’s channel), speaker’s mobile app, prop‑fund firms (My Place Funding, Aqua Funding, Blue Guardians)