1M Price Action System | Page 77 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price Action Swing Trade System 5 replies

Shouldn't a good price action system work on all time frames? 21 replies

Two-Stroke System (Mechanical Price Action +300 pips per month) 118 replies

Building a system based on price action 5 replies

Attachments: 1M Price Action System
Exit Attachments

1M Price Action System

  • Linked: I am ICT | Demo Account XXXXXX40 Starting Nov 12, 2021
  • Expand
  • Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
to
No trading activity in this period.
  • #1,521
  • Apr 26, 2021 1:09pm Apr 26, 2021 1:09pm
Quoting stevepatt
{quote} GBP/USD M15 M1 Long Trade Cancelled the Pending Long and Entered Long Manually {image}
GBP/USD M15 M1 Long Trade Result

+10 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 26th Apr 21 GBPUSD M15 M1 Long Trade Result.png Size: 145 KB
  • #1,522
  • Apr 27, 2021 9:05am Apr 27, 2021 9:05am
Hello Everyone,

New to the thread and have started studying the charts. In the past never traded divergence so a lot to learn and practice.

Currently I see this on the chart. Does this meet all the criteria. Feedback appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: f2b7c00311544a6b0916531b161af5d6.png Size: 93 KB
  • #1,523
  • Apr 27, 2021 10:49am Apr 27, 2021 10:49am
GBP/USD M15 M1 Short Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 27th Apr 21 GBPUSD M1 M15 Short Trade 2.png Size: 111 KB
Click to Enlarge Name: 27th Apr 21 GBPUSD M1 M15 Short Trade.png Size: 98 KB
  • #1,524
  • Apr 27, 2021 10:52am Apr 27, 2021 10:52am
Quoting stevepatt
GBP/USD M15 M1 Short Trade {image} {image}
GBP/USD M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Apr 21 GBPUSD M1 Observations.png Size: 95 KB
  • #1,525
  • Apr 27, 2021 11:20am Apr 27, 2021 11:20am
Quoting stevepatt
{quote} GBP/USD M1 Observations {image}
GBP/USD M15 M1 Short Trades Results

1st Short +10 Pips

2nd Short +10 Pips

I Entered a second Short after the Test
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Apr 21 GBPUSD M15 M1 Short Trades Results.png Size: 118 KB
  • #1,526
  • Apr 27, 2021 11:43am Apr 27, 2021 11:43am
Quoting stevepatt
{quote} GBP/USD M15 M1 Short Trades Results 1st Short +10 Pips 2nd Short +10 Pips I Entered a second Short after the Test {image}
GBP/USD M1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Apr 21 GBPUSD M1 Observations 2.png Size: 100 KB
  • #1,527
  • Apr 27, 2021 3:15pm Apr 27, 2021 3:15pm
Quoting Hooman86
Hello Everyone, New to the thread and have started studying the charts. In the past never traded divergence so a lot to learn and practice. Currently I see this on the chart. Does this meet all the criteria. Feedback appreciated. {image}

Hi Hooman,

I have no idea about divergence.

Start by Highlighting Higher Time Frame Levels of Interest (Order Blocks etc)

Then watch Price on Lower Time Frame (M1) as it approaches and enters these Levels

I guess look for Divergence on M1 as Price enters Higher Time Frame Levels of Interest

See if the chart helps
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Apr 21 AUDJPY M15 M1 Observations.png Size: 121 KB
  • #1,528
  • Apr 27, 2021 6:38pm Apr 27, 2021 6:38pm
Quoting stevepatt
{quote} Hi Hooman, I have no idea about divergence. Start by Highlighting Higher Time Frame Levels of Interest (Order Blocks etc) Then watch Price on Lower Time Frame (M1) as it approaches and enters these Levels I guess look for Divergence on M1 as Price enters Higher Time Frame Levels of Interest See if the chart helps {image}
Thanks Steve,

appreciate the explanation.

Learning on how to look for the areas of interest.
  • #1,529
  • Apr 28, 2021 12:38am Apr 28, 2021 12:38am
Quoting Hooman86
{quote} Thanks Steve, appreciate the explanation. Learning on how to look for the areas of interest.

Hi Hooman,

Look for areas where Price spends time in a Small Range, the size of Range depends on the Time Frame.

The Higher the Time Frame, we see Price Ranging, the more Liquidity being Accumulated

Price is constantly looking for Liquidity to Absorb

This is why we see Price being drawn back into a Liquidity Base

Every Time Frame we see the same thing happening, this is the Fractal Nature of Price, the only thing that changes is the Scale of the move that is dependant on the Time Frames used to Trade
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Apr 21 GBPUSD M15 Observations.png Size: 128 KB
  • #1,530
  • Apr 28, 2021 4:18am Apr 28, 2021 4:18am
Quoting stevepatt
{quote} Hi Hooman, Look for areas where Price spends time in a Small Range, the size of Range depends on the Time Frame. The Higher the Time Frame, we see Price Ranging, the more Liquidity being Accumulated Price is constantly looking for Liquidity to Absorb This is why we see Price being drawn back into a Liquidity Base Every Time Frame we see the same thing happening, this is the Fractal Nature of Price, the only thing that changes is the Scale of the move that is dependant on the Time Frames used to Trade {image}

Thank you. Really appreciate the explanation
  • #1,531
  • Apr 28, 2021 11:18am Apr 28, 2021 11:18am
Quoting stevepatt
{quote} Hi Hooman, Look for areas where Price spends time in a Small Range, the size of Range depends on the Time Frame. The Higher the Time Frame, we see Price Ranging, the more Liquidity being Accumulated Price is constantly looking for Liquidity to Absorb This is why we see Price being drawn back into a Liquidity Base Every Time Frame we see the same thing happening, this is the Fractal Nature of Price, the only thing that changes is the Scale of the move that is dependant on the Time Frames used to Trade {image}

GBP/USD M15 M1 Short Trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 28th Apr 21 GBPUSD M15 M1 Short Trade.png Size: 100 KB
Click to Enlarge Name: 28th Apr 21 GBPUSD M15 M1 Short Trade 2.png Size: 118 KB
  • #1,532
  • Apr 28, 2021 12:12pm Apr 28, 2021 12:12pm
Quoting stevepatt
{quote} GBP/USD M15 M1 Short Trade {image} {image}
Thanks Once again Steve,

So to understand it at point 1 the price start the run downwards and it becomes a bearish order block.

At point 2 it reaches the point back again but unable to go past it. Then if forms a lower high at Point 3.

This gives us a signal get closer to the screen and move to a lower TF.

You wait for the price to clear the Order block and when it retests it at 4 you do a Sell order.



I have also marked the areas on the chart that you have circled. What is the significance of those areas. Sorry if its a too noob question
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Steve 1.png Size: 134 KB
Click to Enlarge Name: sTEVE2.png Size: 96 KB
  • #1,533
  • Apr 28, 2021 1:04pm Apr 28, 2021 1:04pm
Quoting Hooman86
{quote} Thanks Once again Steve, So to understand it at point 1 the price start the run downwards and it becomes a bearish order block. At point 2 it reaches the point back again but unable to go past it. Then if forms a lower high at Point 3. This gives us a signal get closer to the screen and move to a lower TF. You wait for the price to clear the Order block and when it retests it at 4 you do a Sell order. I have also marked the areas on the chart that you have circled. What is the significance of those areas. Sorry if its a too noob...

Hi Hooman,

Point 1 = a M15 Bearish Order Block there is also a H1 BeOB just above (Beige Rectangle Above) so there is a lot of Bearish Liquidity in that Area.

Point 2 = Price reaching the top of the M15 BeOB and bottom of H1 BeOB which has already been Tested in the recent past

Point 3 = A Lower High which is a good indication of Price dropping lower

Point 4 = My Entry Short which wasn't a great Entry but good enough

The four light coloured circles where my earlier Short Entries the four red circles = my Exits +10 Pips for each

I saw Price, on M1, "Popping Higher" into a Level I was interested in Shorting from

We often see Price "Pop" like this when it is reaching Exhaustion. Price will often "Pop" looking for the next Level of Buying/Selling Liquidity

Remember every Buy/Sell Order needs an Equal and Opposite Sell/Buy Order for it to be Filled

It's when Price gets to the end of a Price run that we will see it "Pop" like this looking for the last Liquidity to get filled
Attached Image (click to enlarge)
Click to Enlarge Name: 28th Apr 21 GBPUSD M15 M1 Shoprt Trade.png Size: 158 KB
  • #1,534
  • Apr 29, 2021 12:48am Apr 29, 2021 12:48am
GBP/USD H1 M15 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Apr 21 GBPUSD H1 M15 Observations.png Size: 151 KB
  • #1,535
  • Apr 29, 2021 6:06am Apr 29, 2021 6:06am
Some Observations this morning on USDJPY - 1H and 5m.
Attached Image (click to enlarge)
Click to Enlarge Name: d50877b6fde5af951e02b61b2fe65be4.png Size: 105 KB
  • #1,536
  • Apr 29, 2021 8:24am Apr 29, 2021 8:24am
Greetings,

Watching few pairs since London session lunch and this was another observation on the GBPUSD M5 chart.
Still new and learning the ropes.

 

  1. There was small divergence and an order block,
  2. Broke the structure and went downwards,
  3. Formed the first target area on the M5 chart (Another Order Block)
  4. Price retraced to the m5 order block
  5. Arrow is the entry and price easily reached the 1st Target area.


Thanks to Bilal, Dinero, and Steve for their useful charts/notes and guidance.

Attached Image (click to enlarge)
Click to Enlarge Name: 9c2be2ce93885d9e88f0eea11d3df7d6.png Size: 112 KB
  • #1,537
  • Apr 29, 2021 10:43am Apr 29, 2021 10:43am
Quoting stevepatt
GBP/USD H1 M15 Observations {image}
GBP/USD M15 M1 Short Trade

+10 Pips

I had problems with my image capture software so I was late capturing the chart

Price has been making LH today we could see a push lower....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 29th Apr 21 GBPUSD M15 M1 Short Trade.png Size: 157 KB
Click to Enlarge Name: 29th Apr 21 GBPUSD M15 M1 Short Trade Result.png Size: 125 KB
  • #1,538
  • Apr 29, 2021 11:05am Apr 29, 2021 11:05am
Quoting stevepatt
{quote} GBP/USD M15 M1 Short Trade +10 Pips I had problems with my image capture software so I was late capturing the chart Price has been making LH today we could see a push lower.... {image} {image}
GBP/USD M15 M1 Short Trade 2
Attached Image (click to enlarge)
Click to Enlarge Name: 29th Apr 21 GBPUSD M15 M1 Short Trade 2.png Size: 134 KB
  • #1,539
  • Apr 29, 2021 7:28pm Apr 29, 2021 7:28pm
Quoting stevepatt
{quote} GBP/USD M15 M1 Short Trade +10 Pips I had problems with my image capture software so I was late capturing the chart Price has been making LH today we could see a push lower.... {image} {image}
It all looks consolidation but you still managed to make pips out of it.

Thats great and impressive at the same time.
  • #1,540
  • Apr 30, 2021 1:27am Apr 30, 2021 1:27am
GBP/USD M15 M1 Observations

I'm looking for signs of Bullish Action...
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Apr 21 GBPUSD M15 M1 Observations.png Size: 152 KB
2 traders viewing now