I Think I Should Just Trade This Setup
So long story short, I just:
0. Assess whether price has Seeked Liquidity, or Rebalanced Fair Value to get a clue of current price intention.
1. Wait for Overextended Price (Bearish or Bullish), Higher TF = Better
2. Wait for 4HR up to 15min Divergence + Oversold/Overbought, at least 2 TF with same divergence
3. On 15min, plot your FVA (PDA must be respected).
4. Look for your FVG entry once price has left the FVA.
5. Target nPOCs that align with divergence + price action direction (ex. npoc below price + bearish div + premium array respected + bearish orderflow leg)
I've been winning "random" trades like this, no TradingView needed, just MT5, and has saved my funded account from imminent death lol. But here's how, if I looked back on those trades, I entered.
I mean, this makes sense. Combine Price Action(PDA + FVA Respected) with Volume Momentum.
Oh, and just to add. I think nPOCs from previous sessions give a good clue about where price wants to go.
For example, npoc below price + bearish div & overbought + premium array respected + bearish orderflow leg = target nPOC.
I might have to track tradingview entries to see if this actually works.
So long story short, I just:
0. Assess whether price has Seeked Liquidity, or Rebalanced Fair Value to get a clue of current price intention.
1. Wait for Overextended Price (Bearish or Bullish), Higher TF = Better
2. Wait for 4HR up to 15min Divergence + Oversold/Overbought, at least 2 TF with same divergence
3. On 15min, plot your FVA (PDA must be respected).
4. Look for your FVG entry once price has left the FVA.
5. Target nPOCs that align with divergence + price action direction (ex. npoc below price + bearish div + premium array respected + bearish orderflow leg)
I've been winning "random" trades like this, no TradingView needed, just MT5, and has saved my funded account from imminent death lol. But here's how, if I looked back on those trades, I entered.
I mean, this makes sense. Combine Price Action(PDA + FVA Respected) with Volume Momentum.
Oh, and just to add. I think nPOCs from previous sessions give a good clue about where price wants to go.
For example, npoc below price + bearish div & overbought + premium array respected + bearish orderflow leg = target nPOC.
I might have to track tradingview entries to see if this actually works.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.