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1M Price Action System

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  • #2,861
  • Aug 26, 2021 3:22am Aug 26, 2021 3:22am
Quoting Inthebox
{quote} thanks for posting. is the imbalance the yellow box? is it considered filled if price retraced to half of the yellow box and continue down or the whole box have to be filled? {image}
The imbalance will occur normally after big move (but not those news or spike, it may, but not suggest to trade those), I will take the imbalance to fill for max of 50% of the long bar, I set my fibo according to high, middle, and lo, use that as reference.

It would be exactly at the yellow line as you pointed there, you can take the left side of the chart, find a similar candle around that area, we called it "swap zone" as reference, for me I will use the fibo mid range (50%), and u can also take 5 to 10 pips above and below as your guideline too.

If it is out of middle zone, that will be another kind of trade already, it may be reversal of the trend, just need to keep observing.

Hope this info help. Cheers.
  • #2,862
  • Aug 26, 2021 7:56am Aug 26, 2021 7:56am
liquidity above yesterday's high
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: h1.PNG Size: 138 KB
cut your losses short and let your profit run
  • #2,863
  • Aug 26, 2021 11:53am Aug 26, 2021 11:53am
Quoting xiaotiao
Hi guys, I have just entered a sell trade in GBPUSD, this method is from a Supply & Demand trader (Bystra, the author of Bystra Homework pdf). Hopefully it turn out well and this post wont violate this thread. {image}
So far this trade has run about 40 pips, I have set SL to BE, stress free now.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD QMTR setup.png Size: 42 KB
Trading is not easy
  • #2,864
  • Aug 26, 2021 5:43pm Aug 26, 2021 5:43pm
Quoting xiaotiao
{quote} So far this trade has run about 40 pips, I have set SL to BE, stress free now. {image}
i can see the structure break on left and reversal happening ,what is LS and BS and DBD? and how u were sure that it will go down from here and not up since there were 3 green candle coming right from bullihs order block? thanks
  • #2,865
  • Edited 6:43pm Aug 26, 2021 6:30pm | Edited 6:43pm
Quoting girl.trader
{quote} i can see the structure break on left and reversal happening ,what is LS and BS and DBD? and how u were sure that it will go down from here and not up since there were 3 green candle coming right from bullihs order block? thanks
I can partly answer to the last part - go to the 30 minute time-frame and look at the price action from the consolidation and the manipulation both in the larger consolidation and the smaller one (previous Asian range). You will also notice that there was a break of structure.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m30 (2021-08-27).png Size: 70 KB
  • #2,866
  • Aug 26, 2021 7:15pm Aug 26, 2021 7:15pm
Quoting TooSlow
{quote} No. You must that indicator from the coder. That indicator comes from ADVANCED ALIEN CIVILIZATION TECHNOLOGY. Google is your friend.
I never understood the concept of HOLO and 123 thread,but this explnation gives very good information,so too slow should be more generous with his knowledge,because whenever asks him the concept of 123 open thread,he rudly tells them to go back and read full thread and no where in thread there is proper explanation and too slow tells everyone to go to TRO Alien blah blah.

Too slow learn something from these generous traders and impart your knowledge.

thanks Mentors and contributors for imparting your knowledge for free,im learning a lot!
  • #2,867
  • Aug 26, 2021 7:32pm Aug 26, 2021 7:32pm
Quoting Pumi
{quote} I can partly answer to the last part - go to the 30 minute time-frame and look at the price action from the consolidation and the manipulation both in the larger consolidation and the smaller one (previous Asian range). You will also notice that there was a break of structure. {image}
Lovely,thanks for your generosity,you are using imbalance(FVG),BOS or liquidity grab or stop hunt and order blocks in your explanation,superb succesful traders in forex factory.
  • #2,868
  • Aug 26, 2021 9:22pm Aug 26, 2021 9:22pm
Quoting girl.trader
{quote} i can see the structure break on left and reversal happening ,what is LS and BS and DBD? and how u were sure that it will go down from here and not up since there were 3 green candle coming right from bullihs order block? thanks

This is QM Quasimodo pattern
Attached Image (click to enlarge)
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This is what I trade on GBPUSD
Attached Image (click to enlarge)
Click to Enlarge Name: QM manipulation.png Size: 14 KB


According to Bystra, this is QM manipulation setup. The price suppose to go up when it reach the red box, but it makes a DBD and goes down. The DBD area becomes a strong Supply zone, which we can enter sell there.

You can search for her videos on Youtube 'bystra forex' . She speaks Malay language but there is English subtitle.
LS = left shoulder, RS = right shoulder. These abbreviations come from another trader on Youtube, his concept same as Bystra.

The reason why I posted my trade here because there are similarity between BOS and this method. The DBD area is considered as Supply Zone (Selling zone) , at the same time it is an OB too.
Trading is not easy
  • #2,869
  • Aug 26, 2021 9:27pm Aug 26, 2021 9:27pm
Quoting Pumi
{quote} I can partly answer to the last part - go to the 30 minute time-frame and look at the price action from the consolidation and the manipulation both in the larger consolidation and the smaller one (previous Asian range). You will also notice that there was a break of structure. {image}
Thanks Pumi, I do consider the liquidity hunt and OB in LTF too when I made the trade. Your explanation is great.
Trading is not easy
  • #2,870
  • Aug 26, 2021 10:45pm Aug 26, 2021 10:45pm
Quoting xiaotiao
{quote} So far this trade has run about 40 pips, I have set SL to BE, stress free now. {image}
Nice catch !!

Quoting Pumi
{quote} I can partly answer to the last part - go to the 30 minute time-frame and look at the price action from the consolidation and the manipulation both in the larger consolidation and the smaller one (previous Asian range). You will also notice that there was a break of structure. {image}
Well explained ! thanks mate !
"Exchange of hands"
  • #2,871
  • Aug 26, 2021 10:48pm Aug 26, 2021 10:48pm
Quoting bleeze
liquidity above yesterday's high {image} {image}
Hi Bleeze

thanks for sharing your very brief trades, how do you determine your daily bias to make a call on BOS as it can be a trending move at times, just to brainstorming wanna know your take on this.

regards
bilal
"Exchange of hands"
  • #2,872
  • Aug 26, 2021 10:59pm Aug 26, 2021 10:59pm
took the loss.
h1 is a good time frame to monitor when there's news.
yesterday low liquidity now long.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,873
  • Aug 26, 2021 11:19pm Aug 26, 2021 11:19pm
Quoting Inthebox
took the loss. h1 is a good time frame to monitor when there's news. yesterday low liquidity now long. {image}
Hi ITB

your right, some people hedge losing positions, do you hedge? personally i am not comfortable with hedge though.
"Exchange of hands"
  • #2,874
  • Aug 26, 2021 11:36pm Aug 26, 2021 11:36pm
Quoting bilal1947
{quote} Hi ITB your right, some people hedge losing positions, do you hedge? personally i am not comfortable with hedge though.
no.
hedging may mean that one refuses to admit that original analysis was wrong even in short term, although longer term may be right.
but who knows may also not go your way, meanwhile it may also mean opportunity loss when good set ups presented themselves later and getting discounted prices.
ITB - Seeing Orderliness amongst 'Randomness'
  • #2,875
  • Aug 27, 2021 1:39am Aug 27, 2021 1:39am
Good morning guys! I been reading PDF and watching youtube videos from Michael and i find that particulare video: London kill zone. For me its perfect strategy because not a lot of indicator involved. My only problem is that he says 2am to 5am new york time, for me that 8am to 11am here in Sweden. My question is: 8am here is not London open, its Frankfurt open. Is that a problem? Or we can include Frankfurt to London? This is a very confusing thing for me, and would be very helpful if someone give me some answer! Thank you!
Time is your friend; impulse is your enemy! - John Bogle
  • #2,876
  • Aug 27, 2021 1:50am Aug 27, 2021 1:50am
Quoting Viki84
Good morning guys! I been reading PDF and watching youtube videos from Michael and i find that particulare video: London kill zone. For me its perfect strategy because not a lot of indicator involved. My only problem is that he says 2am to 5am new york time, for me that 8am to 11am here in Sweden. My question is: 8am here is not London open, its Frankfurt open. Is that a problem? Or we can include Frankfurt to London? This is a very confusing thing for me, and would be very helpful if someone give me some answer! Thank you!
Attached File(s)
File Type: ex4 _ICT Kill Zones.ex4   6 KB | 634 downloads
Attached File(s)
File Type: ex4 TradingSession.ex4   92 KB | 553 downloads
you can use that indicator, if you want
Using Chaos to Finding Order
  • #2,877
  • Aug 27, 2021 2:02am Aug 27, 2021 2:02am
Quoting Pram808
{quote} {file}{file}you can use that indicator, if you want
Thank you for your help! Actually i have indicator, and the settings are just Michael said: 7pm new york time to midnight new york. But sometimes, i mean a lots of time Frankfurt breaking this zone not London, and my question is that ok because Frankfurt is with London, or we wait to London open and to break the range? Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 78 KB
Time is your friend; impulse is your enemy! - John Bogle
  • #2,878
  • Aug 27, 2021 2:15am Aug 27, 2021 2:15am
Quoting Viki84
{quote} Thank you for your help! Actually i have indicator, and the settings are just Michael said: 7pm new york time to midnight new york. But sometimes, i mean a lots of time Frankfurt breaking this zone not London, and my question is that ok because Frankfurt is with London, or we wait to London open and to break the range? Thank you! {image}
actually i just looking sydney and tokyo, to looking for best setup and possibility and i trade when london open idk what time about frankfurt is, maybe somebody with better knowledge can answer your question
Using Chaos to Finding Order
  • #2,879
  • Aug 27, 2021 2:18am Aug 27, 2021 2:18am
Quoting Pram808
{quote} actually i just looking sydney and tokyo, to looking for best setup and possibility and i trade when london open idk what time about frankfurt is, maybe somebody with better knowledge can answer your question
Yeah maybe it was a silly question, but for me its really a headache
Time is your friend; impulse is your enemy! - John Bogle
  • #2,880
  • Aug 27, 2021 2:47am Aug 27, 2021 2:47am
Quoting Viki84
Good morning guys! I been reading PDF and watching youtube videos from Michael and i find that particulare video: London kill zone. For me its perfect strategy because not a lot of indicator involved. My only problem is that he says 2am to 5am new york time, for me that 8am to 11am here in Sweden. My question is: 8am here is not London open, its Frankfurt open. Is that a problem? Or we can include Frankfurt to London? This is a very confusing thing for me, and would be very helpful if someone give me some answer! Thank you!
You may download the template in post #1 and keep the Access panel indicator it will automatically sets the time of sessions.

for your time
LO open 9am
NY open 2pm
"Exchange of hands"
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