Identify a liquidity sweep identify the break of structure identify your poi(fair value gap, imbalance, order block, break block, or inverse imbalance) Personally I use FVG or imbalance
This is only based off of the 5min chart. Mark out the time 12pm and 4pm (New York time). - This depends on where you're from. Identify areas of liquidity either before 12pm, within our time period, never after. Price should target either Buy-side Liquidity or Sell-side Liquidity, then wait for a break of structure and a fair value gap to be created target the...
NOTE: Second account www.tradingview.com Identify market direction/bias. Identify the current trading range. Use Fibs to identify discount/premium levels. Identity an AOI/POI inside the discount/premium level. Go to a LTF an wait for liquidity sweep/grab and CHOC. Wait for retest price normally creates a new cycle and once CHOC happens you can get in on the retest.
Identify market direction/bias. Identify the current trading range. Use Fibs to identify discount/premium levels. Identity an AOI/POI inside the discount/premium level. Go to a LTF an wait for liquidity sweep/grab and CHOC. Wait for retest price normally creates a new cycle and once CHOC happens you can get in on the retest.
Always start your analysis of on a HTF so that you can see the direction in which the market is going. Next you want to identify your trading range, grab your fibs and draw the fibs on the range. Depending on which way the market it going you will have to either draw up a discount area or a premium area. Next look for imbalances, liquidity sweeps, FU candles, IC candles.
Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
Weekly- Rising wedge on an uptrend- A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line. Fibonacci retracement shows rejection at golden levels. The structure was broken on the weekly forming a new...
EURNZD broken down on the 15min and entries on the 5min. Making use of market trend and support and resistance levels including candlestick confluences. Note candles are your last confluence.
Uptrend markets form hh's and hl's. The hls is the pullback. Price needs to break and retest previous highs for support as it was a temporary resistance area. At the area of support, we look for buying pressure such as changes in candle color, sizes of candles, candlestick patterns, chart patterns.
Using the monthly for my main zones and looking for confluences on lower time frames. Collection of confluence invokes confidence in either a buying or selling trade.
A collective of confluences and entry reasons can help get into a move earlier which is based on lower timeframes.
In this video, I will break down us30 and nas100 and point out the confluences behind my trades.
Using my support and resistance levels combined with chart patterns and candlestick patterns that form at these zones I can catch big moves, early entry, and a good R-to-R based of structure on higher time frames and entries on lower timeframes.
Breaking down the reasons for the trades I have placed. Please feel free to give feedback. I would really appreciate it.
NOTE: NO NFP NEWS!!! News was released last week. Use the weekly for market type and market structure. Use the daily to plot support and resistance levels, and look at trend . Use the 4h trend as well but for entries to.
Use the weekly for market type and market structure. Use the daily to plot support and resistance levels, and look at trend . Use the 4h trend as well but for entries to.
Use the weekly for market type and market structure. Use the daily to plot support and resistance levels, and look at trend . Use the 4h trend as well but for entries to.
It is vital that every trader knows the basics of Forex Trading. The trading basics in my opinion would be: Market type, Market structure, Market trend, and Support and Resistances levels. Candles should be your last confluence.