1M Price Action System

Nice to see You posting again sir.
This was indeed another really clean textbook setup formed there with high RR potential just in confluence with NY session.
Really beautiful equal lows liquidity got taken out and highs right after that.
GPUUSD really likes to fill those gaps out perfectly in confluence with breakers & OBs very often to the exact PIP and then completely turn around, like everything is precalculated. This weeks first mondays low & overall high was also calculated to the exact PIP before turning around and filling that FVG with breaker @ 1.36060.
Really amazing stuff if you really put your mind into it.
Mondays Low where rally started 1.34500 (reacted to 5M OB which broke previous OBs & structure and left gap to fill - filled gap, closed with wick @ round numbers, confluence huh). Left another gap to fill later on which it did exactly after the day where ICT teaches market makes often high @ tuesday and then turns around.
He even posted video @ youtube shorting GPUUSD at that exact day after BOS+OB retest.
What i also noticed this week was if EURUSD didnt pullback enough for 60+% retracement entries then GPUUSD did and vice versa.
GPUUSD offered really nice buying oppurtunites and EURUSD sell oppurtunities this week.

So much potentials to make a lifetime cash if youre patient enough to wait for one of those to retrace deep enough.
Thanks alot for sharing knowledge and helping people out.
Appreciate the content alot!

the intention was to long the liquidity grab around ob.
it was a test of patience in finding the right level.

USDCAD FVG 300pip idea

Below tools added to post #1

- Order block indicator
- EA to calculate the right lot size based % of risk equity and SL, (click once on the EA to move it around).
- Back testing EA

my view for gu is up bias, but going down before going up.
any comments?

Hi ITB

Thank you for sharing your knowledge always, i have the same view based upon these:

Daily fvg to be balanced:


H1 OB
- To push up there is an H4 fvg which can push the price to balance the buy side imbalance on the Daily and H4,
- H1 OB also having a fvg which is aligned to the daily fvg, it may fall from there.

H4 view - in between there one H4 gap, price can fall from there too leaving the daily gap as it is, we have to see the price action and follow the price.


- Notice the increasing weekly ranges from 178 to 250 for sell pressure as we reaching December.

I personally think opposite, that its bearish still (overall trend). If anything bullish then might fill some gaps in the next days before going back down again.
But even short term retracement looks kinda sketchy, maybe leaving gaps for later (next months) to fill?
Looking into last year price action @ November it looks really intresting -
how the price delivery changed after passing certain point and then comparing it with DXY-s last year.
Taking into consideration GBPUSD + DXY seasonal tendencies, GBPUUSD weekly & monthly divergence + divergence between GBPUSD and DXY.
DXY has some intresting points to fill as well which I believe is called something like "volume imbalance".
Currently the impulses down are pretty strong still - lines up with top distributions @ summer which looks like it isnt finished yet.
This 1.31 area can be really intresting for GBPUSD to revisit in the next week(s) I strongly believe.

And ofcourse trust your own analyizes youve been trading way longer than me, if anything maybe checkout and let me know what You think sir and how can one make their analyzes better. I have only been around charts for few months - so take it with a grain of salt.
Its always good to look at the probabilites of both sides - thats what the trading is all about.
Definitely intresting to see what the next weeks & days bring to us.
Any feedbacks/arguments are more than welcome!

Supply and demand… where are the buyers and sellers?

I have been following Supply and demand threads for a short while.. but what I find interesting is that we tend to look for buyers and sellers in the large movements of price (engulfs etc) to alert us. We look for break of structures, retests among many other confluences.

Another school of thought for supply and demand, is there are buyers below previous fractals or old lows and sellers are above previous fractals or old highs.

You may back test this, price tend to retest the break out point. Good for scalps.

I ran an EA to buy only in the US30 during one of the worst drops in price during pandemic. I set the EA to trade only during Euro session. You would think that this is financial suicide to catch a falling knife... but this is what some traders look for

One can do better manually than using an EA... I just use the EA to test out strategies.

The pics are just to show there is merit in this S&D style.

Regards...

Two photos, S&D within and S&D outside... Regards.

thanks for your comment.
there's no right or wrong answer, simply because our analysis are based on what we had experienced.
mine is very simple.
monthly still up trend, not even a 38 fib retrace
weekly made a 7 wave down pattern, reaching a support zone.
h4 also made a 7 wave down pattern to the same support zone, the momentum slowed down.
h1 made a head and shoulder pattern or quasimodo is forming.

Thanks for the insight, youre correct. Theres indeed no right or wrong answer, cause nobody knows exactly afterall.
Theres many things to look at but i find the highest probabilities are shorts mostly right now.

Waves - pretty hard to tell if the wave will countinue to go up, theres that kinda formation yea but if you look at previous waves back again then first and third wave (especially 3rd wave), it looked like it was about to go up also - formed perfect inv h&s pattern, even long wick rejection reaction to OB, but then got quickly rejected and compressed back down. Later came back to take out the tops and shooted down again.
Monthly chart - I think its downtrend still (LLs + LHs since 2008), atleast the 3M/yearly or however you wanna view it. Didnt make a clear HH recently in my eyes but made hidden divergence on a monthly chart + weekly regular divergence. Should make a pretty high possibility of atleast 50%+ healthy retracement even if price wants to uptrend next months. Would match up with the gap perfectly @ ~1.28-1.3 zone as well.
(38) fib retrace can be viewed at both scenarios - one can also short into it especially when it broke some kind of weekly structure, pulled back and countinued (weekly trend switch). Also the retracements before trend switches usually are around golden zone (assuming monthly will be bullish soon).
Right now short term looks like were reacting off previous support from 2 weeks ago (+breaker formation?) & thursdays OB with some 30m+ divergences and slowed down/rolling over price action - which makes us agree on that it will go down atleast short term.
On the other hand we have bullish daily + 4h regular divergence.

Sometimes its just best to sit tight, especially when youre in the middle of the price action and watch till the higest probability setups with confirmations turn into your favor, cause thats what the trading is all about.
Afterall thanks for reply, appreciate it! Always good to know whats on the other more experienced traders mind to further improve myself.
Lets see what the next weeks bring us, will be intresting to know forsure.

Some useful scripts for the S&D traders here... you can edit as you please... Place in script folder.
One sets SL at break even + 0.7 pips (to cover $7 commissions per lot).
One closes a position by 50%
The other two are drag and drop 0.01 orders for those who like to set and forget.
The 'SELL 10-20' or 'BUY 10-20' are drag and drops... they drop a sell limit or sell stop depending on where you drop. The Buy scripts set buy stops or limits.
Also two for buy or sell at market....
You can edit the scripts using metaeditor to change size of orders, time of expiry, or where you want TP SL and BE.
You can also set hotkeys for various scripts.. by right clicking on them an setting hotkeys.

Credit to Simpleton from youtube (where I got the scripts from)

Looking for something like this @ NY session with second target @ 1880s+.
Actual entry will be determined by 15m OB reactions in confluence with candlestick patterns, divergences etc.
Any feedback is welcome!

ga

Similar idea @ BTC if the 5m OB holds and gives me some kind of BOS/Entry confirmations @ 1M chart then looking for longs with first TP around ATH.
IF it breaks then im looking to use it as breaker/failed OB, waiting for retracement back and looking for shorts assuming daily gap got filled + liquidity grabbed from last weeks equal highs liquidity pool and trying to get most out of the daily candle portion move (50%+). If market is willing to show me i got the weekly top (assuming OB doesent hold) then second TP will be around middle 50kish.

long ga

Thanks, shoutout! Got some quick scalp out of it.
Entry was right after that 1M "mini OB" got cleared out (BOS) and price pulled back and closed with long wick rejection into buyers OB.
Was really hoping it to push through with momentum faster but decided to close due to those constant wicks to OB area & tight SL.
Did you exit as well or still in? Was your entry based on H1 OB rejection wick close, assuming next bullish wave or was it something similar in 1m chart?
Cheers!

upon reaching h1 ob, look for m1 ob.
trying to tp around trend line.

result

2 trades today...