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1M Price Action System

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Quoting slivering
{image}Just after NY open USDJPY broke through Mondays high, created equal lows, grabbed the liquidity and broke structure. Entry right on Monday's high @ OB mitigation. Partials @ 2R and the 15m OB, final target reached @ the Breaker block.
Great
The Ghost In The Machine
liquidity
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ITB - Seeing Orderliness amongst 'Randomness'
[quote = Inthebox; 13673474] tính thanh khoản {image} [/ quote]
I just had a similar entry to you, but where did you put your stop loss?
Quoting minhzz
[quote = Inthebox; 13673474] tính thanh khoản {image} [/ quote] I just had a similar entry to you, but where did you put your stop loss?
below round number 1.37.
ITB - Seeing Orderliness amongst 'Randomness'
GBPJPY continuation trend short
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cut your losses short and let your profit run
master ob long.
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ITB - Seeing Orderliness amongst 'Randomness'
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trying to sell at the top OB as price demonstrates continuous BOS by previous swing.
lets see how this work out
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ITB - Seeing Orderliness amongst 'Randomness'
btcusd, BOS retrace back to OB.

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today i have a number of BE plus for GU and some losses, although i am trading counter trend.
this is the actual reality of trading - lots of BE plus and losses - two third of the time or more.
risk and trade management is of utmost importance that the BE plus are able to cover the losses.
this is all because of catching a trend, if not, we could well take 15-20 pips per trade.

catching the london low liquidity in h4 ob.
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ITB - Seeing Orderliness amongst 'Randomness'
Quoting jacktrader1
btcusd, BOS retrace back to OB. {image}
looking at where we are sitting on the h4/daily tf, i would say the down move was a complex pullback and we are sitting on the origin of the move that formed the h4 HH... i would be careful with shorting... we might push higher
cut your losses short and let your profit run
Quoting Inthebox
today i have a number of BE plus for GU and some losses, although i am trading counter trend. this is the actual reality of trading - lots of BE plus and losses - two third of the time or more. risk and trade management is of utmost importance that the BE plus are able to cover the losses. this is all because of catching a trend, if not, we could well take 15-20 pips per trade. catching the london low liquidity in h4 ob. {image}
i was also struggling with this too i am figuring where is the issue, what i realize is:

counter trend trades becomes BIG problem when it is against the order flow.

What is an order flow?
- On a Daily time frame where is the BOS happened when price moves back and test the OB and BOS and test breaker and so on so identify the order flow.

taking entries against the trend is what we want because that is where liquidity is being hunted but it should be inline with the higher time frame order flow but if it is counter trend plus against the order flow then it is a big mistake.
The Ghost In The Machine
EURUSD smashed
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cut your losses short and let your profit run
Quoting bilal1947
{quote} i was also struggling with this too i am figuring where is the issue, what i realize is:
at times, it's a judgement call, take GU for example.
in d1 a major BOS was to the upside which is also an impulse wave, then one would expect to see retracement.
the first red candle was between fib 50 and 62.
did not quite work out although still could get 40-50 pips.
the other one at the bottom, which is more significant.
with fib 78, it will be a discount buying.

however, there was another BOS to the downside, which on the first look could be a minor one.
h4 would have given a better view that it was a d1/h4 breaker.
then h4 further gave us another 3 breakers as support turned resistance.
or one could also see d1 lows have been broken.

so it will be good that d1 and h4 are to be looked at in conjunction with each other.
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ITB - Seeing Orderliness amongst 'Randomness'
Quoting Inthebox
{quote} at times, it's a judgement call, take GU for example. in d1 a major BOS was to the upside which is also an impulse wave, then one would expect to see retracement. the first red candle was between fib 50 and 62. did not quite work out although still could get 40-50 pips. the other one at the bottom, which is more significant. with fib 78, it will be a discount buying. however, there was another BOS to the downside, which on the first look could be a minor one. h4 would have given a better view that it was a d1/h4 breaker. then h4 further...
from a different perspective: once i know the order flow, i will take a reversal trade at stop hunts in-line with the order flow. see how Fibs being respected.
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For momentum: SMA -50 (m5,green) - why 50?? because 50 is equilibrium
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gbpjpy: (multiple positions)
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The Ghost In The Machine
Quoting bleeze
{quote} looking at where we are sitting on the h4/daily tf, i would say the down move was a complex pullback and we are sitting on the origin of the move that formed the h4 HH... i would be careful with shorting... we might push higher
higher as expected...
a body continues a state of rest or uniform acceleration unless acted upon by external force.... always have the big picture
cut your losses short and let your profit run
Hi, The ideal momentum play for me is the M15-EMA55 High Low Channel. A technique learned from Raghee Horner recordings. No additional ma's required, bullish above and bearish below the channel.

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Quoting shane1
Hi, The ideal momentum play for me is the M15-EMA55 High Low Channel. A technique learned from Raghee Horner recordings. No additional ma's required, bullish above and bearish below the channel. {image}{image}
Thanks Shane, you always share something worthwhile.

I notice user traderathome at the pvsra thread (https://www.forexfactory.com/thread/...?goto=lastpost), he uses ema 50 high low as a channel too, and he like to trade momentum when:
- price is above or below the 50 ema channel dragon
- slope of dragon is at 1-2 up or 4-5 in down momentum
- price stacks near the dragon and take a tap/push from dragon.

I take it as equilibrium so sma is fine and can watch momentum on all time frames where is it at different time frames. trading momentum of 50EMA/SMA is a simple way without going into much of market details.
The Ghost In The Machine
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The Ghost In The Machine
gold:
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The Ghost In The Machine
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