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1M Price Action System

  • Linked: I am ICT | Demo Account XXXXXX40 Starting Nov 12, 2021
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  • #2,801
  • Aug 23, 2021 11:38am Aug 23, 2021 11:38am
Quoting xiaotiao
EURAUD Short Trade, I took the trade last week. The concept of another thread was applied too. {image}
Bro, I'm sorry, but I don't know English. I write through Google Translator. You can explain (draw with text) the "essence" of the Order blocks.
What is "the area where" it is recommended to enter into a contract?
Because the "BOS - brake of structure" is partly clear from the wyckoff_method method.
Thanks in advance.
  • #2,802
  • Aug 23, 2021 11:48am Aug 23, 2021 11:48am
Quoting Inthebox
{quote} today may be going down. trend line broken. below previous day low and last month high. may retrace to test low or high, or downward sloping trend line. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-08-24_00-47-42.png Size: 10 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,803
  • Aug 23, 2021 12:44pm Aug 23, 2021 12:44pm
Quoting Inthebox
{quote} {image}
Hi intheox, i would like to ask something hope you can clarify it,
When i see my chart, i've seen so many OB and many different structure in multi TF and that sometimes make me confused to make decision where i've to go, do you have any clue or more specific criteria to enter in the right OB,
Using Chaos to Finding Order
  • #2,804
  • Aug 23, 2021 1:31pm Aug 23, 2021 1:31pm
Quoting Pram808
{quote} Hi intheox, i would like to ask something hope you can clarify it, When i see my chart, i've seen so many OB and many different structure in multi TF and that sometimes make me confused to make decision where i've to go, do you have any clue or more specific criteria to enter in the right OB,
1. higher time frame d1 shows previous day as pin bar. rejection at round number 1.2950.
2. h1 as explained.
https://www.forexfactory.com/thread/...2#post13677992
3. i have good reasons above to sell today just look in lower time frame h1, m30, 15, 5, 1.
being a trending day also helped.
if does not work out, be willing to take the loss.
i have marked in m5 the possible entries.
yellow - break of structure
red - order block
green - breaker

you see the structures broken down, none broken up convincingly.
this means it's a trending day.
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-08-24_02-26-55.png Size: 11 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,805
  • Aug 23, 2021 1:50pm Aug 23, 2021 1:50pm
Quoting Inthebox
{quote} 1. higher time frame d1 shows previous day as pin bar. rejection at round number 1.2950. 2. h1 as explained. https://www.forexfactory.com/thread/...2#post13677992 3. i have good reasons above to sell today just look in lower time frame h1, m30, 15, 5, 1. being a trending day also helped. if does not work out, be willing to take the loss. i have marked in m5 the possible entries. yellow - break of structure red - order block green - breaker you see the structures broken down, none broken up convincingly. this means it's...
Oh i see, And how do you considering or anticipate to reversal trend, if you're not using TP, sorry i lot asking
Using Chaos to Finding Order
  • #2,806
  • Aug 23, 2021 1:52pm Aug 23, 2021 1:52pm
Hello Bilal,

After finding out you trade ICT and red that it made me curious

I like the thread altough havent read all of it haha... Is it ok if i post here and share my opinions on liquidity for others to learn from it? Also its good for my own development ofcourse. My style also comes from ICT(been studying for 2,5 to 3 years now) from writing down the whole course to all his youtube material. Yeah tell me about it....

Like to share a example for Gold which shows how i trade consolidation periods in the markets for instance on gold since last week.


Attachment G

Attachment G

Attachment G

We can see that from the 16th to the 17th price price made a dealing range from 1776.00 to 1795.50. The problem is we dont know that they are going to consolidate for 7 days. What we can see are areas of liquidity being left behind like fractal highs and lows, voids after expansion, orderblocks etc but i think thats clear to most readers of this thread. For me i just mark highs and lows and sometime something like a ob or void but usually just highs and lows as they are most important because of the stophunt(liquiditygrab) that is a big part of showing you which direction they are intended to go.

Those blue lines are sellside liquidity and the red lines are buyside liquidity. As you can see they keep grabbing sellside liquidity all week while leaving alot of buyside liquidity untouched and that buyside liquidity keeps piling up as lots of traders expect a reversal. Also they created continuous lower lows and lower highs, retail traders put a trendline or decending channel etc and think we are in reversal. While on the other hand liquidity has being engineered on the buyside and as you seen today been took with a 300 pip move.

Yesterday i was looking at the market open what i normally dont do as i only trade the lo and nyo but i saw something i liked. I entered after they raided fridays low which i highlighted with a arrow. also my exit is highlighted the same. Dont trade the sunday open if you have no experience as i usually dont either but i risked 1% and woke up with 5% in the pocket. Capitalized some more at london open, 2 trades 175 pips and 9,5% gain.


Attachment g

If you guys like i can take the time to break down the consolidation and grabbing of liquidity in lower timeframes if that helps.
Was slipping off the edge but i held up.
  • #2,807
  • Aug 23, 2021 1:56pm Aug 23, 2021 1:56pm
Something messed up, here are the charts.


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Was slipping off the edge but i held up.
  • #2,808
  • Aug 23, 2021 4:11pm Aug 23, 2021 4:11pm
Quoting JustPipping
Hello Bilal, After finding out you trade ICT and red that it made me curious I like the thread altough havent read all of it haha... Is it ok if i post here and share my opinions on liquidity for others to learn from it? Also its good for my own development ofcourse. My style also comes from ICT(been studying for 2,5 to 3 years now) from writing down the whole course to all his youtube material. Yeah tell me about it.... Like to share a example for Gold which shows how i trade consolidation periods in the markets for instance on gold since...
please break down the consolidation in lower timeframes
  • #2,809
  • Edited 8:25pm Aug 23, 2021 8:01pm | Edited 8:25pm
Quoting Pram808
{quote} Oh i see, And how do you considering or anticipate to reversal trend, if you're not using TP, sorry i lot asking
i take it that you want to do swing trade. every frame has its own trend. maybe you can trade in h4 or h1.
you can apply support resistance, trend line, fibonacci, round number for that.

however nowadays is different from 10 years ago where EU daily range was 150 pips, now probably 50 pips.
with the institution algo and mm, making it more difficult. trend probably happens 20-30% of the time.
what happen to the rest of the bulk time? trying not to take too many losses.

just my opinion.. why do 50 pips instead of 15-20 pips if both can offer you 1% gain?
look at percentage gain instead of pips. maybe tp 2 fractals away in lower time frame will do.
also take note of economic news.
look for consistency.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,810
  • Aug 23, 2021 8:33pm Aug 23, 2021 8:33pm
Quoting RomanUkraine
{quote} Bro, I'm sorry, but I don't know English. I write through Google Translator. You can explain (draw with text) the "essence" of the Order blocks. What is "the area where" it is recommended to enter into a contract? Because the "BOS - brake of structure" is partly clear from the wyckoff_method method. Thanks in advance.
Hi, English is not my native language too, hopefully you can understand what I say.

According to Bilal's method(or what I understand), when price makes a liquidity hunt followed by a BOS, and the price comes back to the OB area, then we can make an entry. I don't know either which area in the OB is better because sometimes the OB can be a large range, so it depends on you when to take the trade.

For the EURAUD trade I posted, I was quite confident because the entry point is at Round Number, and it meets the criteria of another thread. You can refer to this
https://www.forexfactory.com/thread/...derflow-system
Trading is not easy
  • #2,811
  • Aug 23, 2021 8:35pm Aug 23, 2021 8:35pm
asia session scalping set up.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,812
  • Aug 23, 2021 9:46pm Aug 23, 2021 9:46pm
Quoting Inthebox
{quote} i take it that you want to do swing trade. every frame has its own trend. maybe you can trade in h4 or h1. you can apply support resistance, trend line, fibonacci, round number for that. however nowadays is different from 10 years ago where EU daily range was 150 pips, now probably 50 pips. with the institution algo and mm, making it more difficult. trend probably happens 20-30% of the time. what happen to the rest of the bulk time? trying not to take too many losses. just my opinion.. why do 50 pips instead of 15-20 pips if both can offer...
Thanks man i appreciate the answer
Using Chaos to Finding Order
  • #2,813
  • Aug 23, 2021 10:24pm Aug 23, 2021 10:24pm
asian session scalp.
breaker.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,814
  • Aug 24, 2021 12:28am Aug 24, 2021 12:28am
asian session scalp.
ob and tl.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,815
  • Aug 24, 2021 12:50am Aug 24, 2021 12:50am
Quoting Inthebox
asian session scalp. breaker. {image}
ga scalp again.
ob.
does not matter if it's a trend run if one is looking for consistency.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,816
  • Aug 24, 2021 12:57am Aug 24, 2021 12:57am
gn scalp.
breaker.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,817
  • Aug 24, 2021 1:42am Aug 24, 2021 1:42am
Quoting Inthebox
asia session scalping set up. {image}
of all the gbp pairs, i had to pick the most difficult one to show as set up.
the breaker and ob failed.
finally price went for the liquidity grab.
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-08-24_14-41-11.png Size: 9 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,818
  • Aug 24, 2021 3:05am Aug 24, 2021 3:05am
Quoting Inthebox
{quote} of all the gbp pairs, i had to pick the most difficult one to show as set up. the breaker and ob failed. finally price went for the liquidity grab. {image}
hi, where would you be proven wrong and get out? the first entry ran quite a bit against you
  • #2,819
  • Aug 24, 2021 3:39am Aug 24, 2021 3:39am
Quoting tonny47
{quote} hi, where would you be proven wrong and get out? the first entry ran quite a bit against you
each will have to decide how one wants to exit and at which level.
i have the following backing.
1. down trend
2. yesterday low violated.
3. know the session high and low. at that point in time the ob was the highest level during asia session.
immediate above there is another level. very near about 8 pips away. it is also a master h1 candle. the rests were just ranging inside candles.
i do not use hard stop unless away from computer.
none of the m15 m30 h1 candles closed above that level.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,820
  • Aug 24, 2021 8:41am Aug 24, 2021 8:41am
liquidity at yesterday high...
Attached Image(s) (click to enlarge)
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cut your losses short and let your profit run
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