1M Price Action System | Page 136 | 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: 23 hr ago
23 hr ago
Last Sync: 23 hr ago
23 hr ago
Last Sync: 23 hr ago
23 hr ago
Last Sync: 23 hr ago
23 hr ago
Last Sync: 23 hr ago
to
No trading activity in this period.
  • #2,701
  • Aug 18, 2021 12:45pm Aug 18, 2021 12:45pm
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
"Exchange of hands"
  • #2,702
  • Aug 18, 2021 10:34pm Aug 18, 2021 10:34pm
liquidity
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-08-19_11-32-35.png Size: 8 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,703
  • Aug 19, 2021 12:40am Aug 19, 2021 12:40am
[quote = Inthebox; 13673474] tính thanh khoản {image} [/ quote]
I just had a similar entry to you, but where did you put your stop loss?
  • #2,704
  • Aug 19, 2021 1:30am Aug 19, 2021 1:30am
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'
  • #2,705
  • Aug 19, 2021 3:31am Aug 19, 2021 3:31am
GBPJPY continuation trend short
Attached Image (click to enlarge)
Click to Enlarge Name: h.PNG Size: 137 KB
cut your losses short and let your profit run
  • #2,706
  • Aug 19, 2021 5:01am Aug 19, 2021 5:01am
master ob long.
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-08-19_18-00-17.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,707
  • Aug 19, 2021 7:57am Aug 19, 2021 7:57am
Attached Image (click to enlarge)
Click to Enlarge Name: 72ccd466f5fb3e59442a9124b33f6a6d.png Size: 69 KB

trying to sell at the top OB as price demonstrates continuous BOS by previous swing.
lets see how this work out
  • #2,708
  • Aug 19, 2021 9:30am Aug 19, 2021 9:30am
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,709
  • Aug 19, 2021 10:23am Aug 19, 2021 10:23am
btcusd, BOS retrace back to OB.

Attached Image (click to enlarge)
Click to Enlarge Name: cf44ad48636be5606a56378a419bab27.png Size: 70 KB
  • #2,710
  • Aug 19, 2021 10:39am Aug 19, 2021 10:39am
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.
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-08-19_23-36-40.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,711
  • Aug 19, 2021 10:39am Aug 19, 2021 10:39am
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
  • #2,712
  • Aug 19, 2021 12:16pm Aug 19, 2021 12:16pm
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.
"Exchange of hands"
  • #2,713
  • Aug 19, 2021 12:30pm Aug 19, 2021 12:30pm
EURUSD smashed
Attached Image (click to enlarge)
Click to Enlarge Name: h.PNG Size: 167 KB
cut your losses short and let your profit run
  • #2,714
  • Aug 19, 2021 1:22pm Aug 19, 2021 1:22pm
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.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,715
  • Edited 1:50pm Aug 19, 2021 1:38pm | Edited 1:50pm
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.
Attached Image (click to enlarge)
Click to Enlarge Name: f16132015aa0c2e4645317af0d0383f9.png Size: 95 KB


For momentum: SMA -50 (m5,green) - why 50?? because 50 is equilibrium
Attached Image (click to enlarge)
Click to Enlarge Name: c1aa8fcb300088c6c964c22ab557e7ad.png Size: 55 KB


gbpjpy: (multiple positions)
Attached Image (click to enlarge)
Click to Enlarge Name: ac22e878f1dd7d8d5e8cfcedd9b7699b.png Size: 63 KB
"Exchange of hands"
  • #2,716
  • Aug 19, 2021 1:47pm Aug 19, 2021 1:47pm
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
  • #2,717
  • Aug 19, 2021 4:00pm Aug 19, 2021 4:00pm
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.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.zM15.png Size: 67 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.zM15.png Size: 62 KB
  • #2,718
  • Edited 9:29pm Aug 19, 2021 7:25pm | Edited 9:29pm
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.
"Exchange of hands"
  • #2,719
  • Aug 19, 2021 8:47pm Aug 19, 2021 8:47pm
Attached Image (click to enlarge)
Click to Enlarge Name: 35291796907413729015777fe6722599.png Size: 68 KB
"Exchange of hands"
  • #2,720
  • Aug 19, 2021 9:05pm Aug 19, 2021 9:05pm
gold:
Attached Image (click to enlarge)
Click to Enlarge Name: 7183a2581dadead08ca1ff8360e47692.png Size: 138 KB
"Exchange of hands"
6 traders viewing now