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BOS

P2P | Backtesting - EURO/USDWelcome ladies and gents to another backtesting segment! In this clip I wanted to show more of the knowledge I've been learning through ICT and how effective its been. Here in this video I'm (doing my best) to go over trades, time of day, price action, and why I did or didn't take the trade. (Note: these are just backtest trade concepts, I did not actually take the trades) I'm usually looking to scalp the markets because I tend to be somewhat impatient but after I started getting more followers asking about certain pairs (that I didn't trade) I felt it was necessary to develop more of my weakness toward swing trading. I don't necessarily have a weakness in trading, it's more of what I'm comfortable trading. So here's a bit of insight to what I was seeing and some of the knowledge I picked up from a few ICT videos. As always gang, happy trading, trade well, and lets run it up from 2023 til infinity! You can help continue to grow the page by liking and following the channel, and if you get any value from this to boost it too! DISCLAIMER ***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***
by Pips2Porsches
📊 Market Structure: BOS VS CHOCH📊What is market structure? Market structure is the levels that are created by the price of any currency as it moves up and down. Price never moves in a single direction for too long. It always takes a few steps in one direction, then moves a few steps back, then a few more steps, then a few steps back. Over time, these steps form distinct structures in the market: zones of consolidation, zones of support, zones of resistance, and zones where price impulses up and down. Market structures that form in the past are often respected in the future, and analyzing previous market structure can form a basis for a trading plan. BoS carries on in the same direction it was initially heading in where as a CHoCH can be viewed as the Markets turning point 🔷BOS - Break of structure forms in the direction of the trend creating continuation patterns. Break of recent Lower Low when bearish or break of recent Higher High when bullish. 🔶CHOCH - Change of character form at the end of a trend. For example, if we see an uptrend in the market, characterized by higher highs and higher lows, this means that the overall trend remains bullish. However, when a new high is formed and then impulsively broken to the downside, this could signal that the bullish trend might be coming to an end, and that a possible choch transition may be happening. 👤 @algobuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
7
ETH SHORT TERM BEARISH BIAS4hr bearish trendline has broken with many confluences leading towards a bearish ETH for the short term. Price has been melting after making a new highs trapping buyers and long positions before melting straight down last week during FOMC which was the catalyst for the downside on ETH and other crypto currencies. I am looking at 1070$ ETH or even a 1000$ ETH in the weeks to come. Price is currently consolidating on the 4hr timeframe in a tight range where i am not comfortable taking a buy or a sell just yet and will only look for buys and sells based off the given SnR marked on the charts. My overall bias for ETH is shorts as there is 0 confirmations for longs just yet and will only look for long scalps to the upside upon breaks of key levels.
by CJ_GOLDPIPS
10 Minutes Learn BOS & ChochBOS and Choch Break Of Structure and Choch is next level of market structure.So, if you want to learn this, you need to learn market structure first it will goes easy to find BOS and Choch when you understand or master at market structure If you want to trend following, market structure is enough,but if you want to find reversal pattern, Choch and BOS is Usefull What is BOS? Break Of Structure forms in the direction of the trend creating continuation patterns for you to joint the trend Break of recent Lower Low when bearish or Break of recent Higher High when bullish Example: What is Choch? Change Of Character for at the end of a trend forming reversal patterns to give you a chance to join the new change of bias in the market. will usually form a head and shoulders pattern also reverse head and shoulders when bearish How to indicate, you need to find the last Lower High ( when bearish ) and Higher Low ( when bullish ).so,when the price close above the last Lower High or Lower Low, this pattern has formed Below, is step by step how to using Choch 1. Determine the market structure first 2. Determine the BOS correctly 3. Determine the Choch, i change the color to green because of bullish trend require break of Choch Note : be careful, this part is often wrong! you should watch the last BOS to determine the Choch 4. Look! We got it Note : The higher timeframe close above the choch,then the confirmation is getting stronger Easy to learn ya, thanks for reading my page! Hope it usefull!
Education
by Technicalstock_
1
Key to unlock the true market structure!!!Have you been struggling with marking market structure? You may have come across many Youtubers who aim to teach the market structure, but in a very wrong manner either by taking fibonacci tool or by discretion. This Video can be an eye opener for you all who are struggling in marking valid market structure. Market structure is the backbone for every other SMC concepts. Without market structure there will be no orderblocks, breakers etc. Even if you are a beginner in market structure, that is much better since you won't be acquiring the wrong knowledge in the 1st hand. So are you ready to uncover the real mechanical market structure? Video will be uploaded on YT at 6:30AM GMT on 25th November 2022 Subscribe our YT channel to never miss any content from Lamda Trading. Happy Trading!!! -Team Lamda
Education
by lamdatrading
1
GU Price Action for WC 1107 - Short upon LTF BoS confirmationMTF analysis are in the anchored notes for M,W,D,H4, AND H1 Annotations/ Notes and Markups are on the charts KEY LEVEL = Tried & tested S&R zones S/R zones are labeled as S/R zones High Impact News / Potential price catalysts: (My time is GMT +8. Adjust according to your timezones) TUE, 11/08/2022, (NO SPECIFIC TIME) - CONGRESSIONAL ELECTIONS (USD) THUR, 11/10/2022, 9:30 PM - CPI NEWS (USD) FRI, 11/11/2022 , 3:00 PM - NOV 2022 GDP STATS (GBP) FRI, 11/11/2022 , 11:00 PM - NOV 2022 Prelim UoM Consumer Sentiment (USD)
Short
by RSC_FX
2
SPX 10/31/22 Choppy Sells Today was a good day but a choppy one. Took 3 sell entries and all of the were stopped out. Took 2 additional sells this morning at the open and those went straight to SL, traded a bit too tight initially this morning but the SLs weren't large at all took about a 3% L on those. The remaining trades were taken off of the -CHOCH (Change Of Character) and -BOS (Break Of Structure) on a couple LTF order blocks on the 1m, 5m, and 15m charts. Closed the trades for partials manually and left the stops at break even to eventually end the day 9.61% up.
BLACKBULL:SPX500Short
by Cory4rex
CHOCH vs BOS ‼️WHAT IS BOS ? BOS - break of strucuture. I will use market structure bullish or bearish to understand if the institutions are buying or selling a financial asset. To spot a bullish / bearish market structure we should see a higher highs and higher lows and viceversa, to spot the continuation of the bullish market structure we should see bullish price action above the last old high in the structure this is the BOS. BOS for me is a confirmation that price will go higher after the retracement and we are still in a bullish move WHAT IS CHOCH? CHOCH - change of character. Also known as reversal, when the price fails to make a new higher high or lower low, then the price broke the structure and continue in other direction.
Education
by Snick3rSD