Video summary
Trade High/Low Of The Day | Sniper HLOD Strategy Guide
Main summary
Key takeaways
Storyline / Concept Overview
The video explains how to trade “high/low of the day” using an institutional price-action framework built around:
- Daily candle structure (open/high/low/close)
- The “candle flip” idea (a close back above the low after trading below the open, or the inverse)
- Catalyst zones: daily extreme supply/demand areas near the top/bottom quarter of the daily range
- Liquidity absorption: first absorb prior liquidity (previous day high/low), then look for a directional move
- Two trade entry styles:
- Continuation entry via the daily candle flip
- Reversal entry via price testing the day’s extreme supply/demand after liquidity is absorbed
Gameplay / Trading Mechanics (What to Do)
Core Definitions (Daily / Candle Flip)
A candle flip is described as:
- Price goes below the daily open
- Makes the daily low
- Then closes back above the low (bullish flip behavior) (Implied mirror logic for the bearish side.)
Catalyst / Extreme Zones
- The catalyst is the daily extreme supply or demand zone that “kicks off” the move.
- A zone is “extreme” if it lies in:
- Top quarter of the daily range → Extreme Supply
- Bottom quarter of the daily range → Extreme Demand
- Key rule emphasized: price often respects these extreme supply/demand zones, regardless of timeframe.
Liquidity Absorption Filter
To set up a trade, the video stresses absorbing external liquidity:
- If bearish: absorb the previous day high
- If bullish: absorb the previous day low
After absorption, price should then behave in the expected way. The explanation frames it as:
- liquidity absorption → then the daily flip direction (or reversal behavior) plays out.
Entry Models (Strategy Highlights)
1) Continuation Entry (Uses the Daily Candle Flip)
Plan:
- Wait for price to absorb the previous day’s liquidity
- Then get below or above the current day open (depending on direction)
Trigger / Entry:
- Once price moves below/above the daily open
Stop Loss:
- At the current day high or low
Take Profit:
- Into the relevant extreme supply/demand zone
- Often referenced via micro timeframe levels + fib target logic
Extra note:
- Price doesn’t always have to hit the catalyst exactly; it can react if price is near the discount/premium area (below/above 50% of the range).
2) Reversal Entry (After Liquidity Absorption, Then Test the Day’s Extreme)
Plan:
- After price absorbs daily liquidity, it must drive opposite direction
- Then wait for a retest (on micro timeframes) of the extreme supply/demand zone
Invalidation rule:
- The setup is invalid if the candle direction required for the reversal is not correct.
- Example logic given: a bullish day is required for the bearish example trade; otherwise the trade is “nullified.”
Key Examples / Logic Checks
-
Continuation example behavior
- Price absorbs prior liquidity → makes a high → drops → comes back to test a micro supply zone → aligns with the reversal/continuation decision rules.
-
Reversal failure but continuation success
- Price grabs liquidity and pushes aggressively, forming a micro demand retrace zone that fails as a reversal entry.
- Meanwhile, once price reclaims above the daily open, the continuation condition becomes valid and works.
Data & Strategy Selection (Statistics Takeaways)
The video includes AUDUSD stats (June 2019–June 2020), with mention of broader data up to 2024, focusing on:
- Trend
- Entry model
- Risk-to-reward / outcomes
- Attempts per setup
- Reversal trades: 30 attempts
- Continuation flips: 22 attempts
It also describes categories like “non-applicable” when:
- the setup doesn’t achieve at least 1R, or
- the loss triggers earlier stop movement (described around 0.5R logic).
Multiple Setups on the Same Day (Important Behavior)
Sometimes the same entry setup can appear twice in one day, creating a pattern where:
- One flip attempt is a loss
- The next flip attempt is a gain of similar magnitude
- Often they cancel out (example described: ~20-point loss then ~20-point win; one case became net +1R)
Final Performance Summary (Video’s Conclusion)
- Trading both models (“every single setup”): 69.23%
- Strictly trading retests: 63.33%
- Strictly trading flips: 77.27%
Featured Gamers / Sources
- ETM Concepts Deluxe (website/program mentioned)
- No individual gamers or named external sources were credited in the subtitles.