WHY SHOULD YOU UNDERSTAND TIMEFRAMES ? ITS ALL ABOUT PERSPECTIVEGood evening traders
I created a video for the more the beginner traders who are just getting into trading. However for those more seasoned this could give you a little insight on how to obtain more clarity and perspective when trading.
My goal here is to educate you on time frames in understanding the micro and macro of the charts you are looking at. Without the layers of perspective one can get lost in the chaos and not know where to start or what the trend is actually doing.
If you like this video please boost, if you dont like this video or want me to touch base on our trading concepts let me know in the comments below
Have a great weekend everyone
MB Trader
Timeframeanatomy
This is My Favourite ICT Day Trading ModelHello traders,
This is the complete breakdown of my favourite ICT Day Trading Model.
This is so easy to replicate on any two time frames. One must be higher, while the second one which is for entry should be lower.
The higher time frame is for market direction, orderflow, trend.
Identify your discount and premium levels on higher time frame.
above 50% of your fib is premium, while below 50% is your discount.
If price is bearish, you are to look for sell opportunities when price retrace back to your premium levels.
Then go to your lower time frame to look for selling opportunities.
Your entry should be taken mostly within London kill zone.
For you to have a quality A+ trade setup, time and price must align together with your trade idea.
Your trade idea have a high probability of working out if you take your entry within London Kill Zone.
Look at my chart diagram to understand the model.