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  • #3,541
  • Nov 16, 2021 9:01am Nov 16, 2021 9:01am
Quoting bleeze
break down of GBPUSD long trade taken this morning {image} {image} {image}
Hi Mate

how do you filter our BOS, it gets tricky some times like with this trade in morning.
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"Exchange of hands"
  • #3,542
  • Nov 16, 2021 9:18am Nov 16, 2021 9:18am
Quoting Inthebox
{quote} scalp result {image}
went back up again
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,543
  • Nov 16, 2021 9:55am Nov 16, 2021 9:55am
Quoting bilal1947
Short GU M1 fractal {image} at H4 Breaker: {image}
Hi Bilial,

Which seetings you use for the market structure indicator? the standard 12?

Thanks
Kind regards
  • #3,544
  • Nov 16, 2021 10:00am Nov 16, 2021 10:00am
Quoting Frag8383
{quote} Hi Bilial, Which seetings you use for the market structure indicator? the standard 12? Thanks Kind regards
It is the same which is in my template attached in post #1

attaching below for quick ref.
Attached Image
"Exchange of hands"
  • #3,545
  • Nov 16, 2021 10:41am Nov 16, 2021 10:41am
Quoting bilal1947
{quote} Hi Mate how do you filter our BOS, it gets tricky some times like with this trade in morning. {image}
this is where starting your analysis from higher timeframe is key... seeing the liquidity sweep on h1 and bos on h1, this makes the h1 OB a strong one.
price tapped it and moved higher and broke the m15 structure...
cut your losses short and let your profit run
  • #3,546
  • Nov 16, 2021 10:51am Nov 16, 2021 10:51am
Quoting bleeze
{quote} this is where starting your analysis from higher timeframe is key... seeing the liquidity sweep on h1 and bos on h1, this makes the h1 OB a strong one. price tapped it and moved higher and broke the m15 structure...
Thanks for sharing mate, allow me in your discord room i am use the link from last saturday still waiting !!

This is what makes the confusion, price returning from breaker and my mind was saying it should go lower now, and H1 liqudity is a BOS but none the less what matter is sum total of the end of the day.
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"Exchange of hands"
  • #3,547
  • Nov 16, 2021 12:08pm Nov 16, 2021 12:08pm
ga
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,548
  • Edited 12:31pm Nov 16, 2021 12:21pm | Edited 12:31pm
Quoting bilal1947
{quote} Thanks for sharing mate, allow me in your discord room i am use the link from last saturday still waiting !! This is what makes the confusion, price returning from breaker and my mind was saying it should go lower now, and H1 liqudity is a BOS but none the less what matter is sum total of the end of the day. {image}
looks like you only consider the body for your structure.... i consider the wick... so the structure was not broken from my point of view

and the reason i didn't consider the h1 liquidity as a bos was cos the level was created during asian session and you know asian highs and lows usually gets swept.
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cut your losses short and let your profit run
  • #3,549
  • Edited 1:44pm Nov 16, 2021 1:18pm | Edited 1:44pm
Quoting bleeze
{quote} looks like you only consider the body for your structure.... i consider the wick... so the structure was not broken from my point of view and the reason i didn't consider the h1 liquidity as a bos was cos the level was created during asian session and you know asian highs and lows usually gets swept. {image}

Hey guys, I was eyeing this pair as well and looks like it was pretty difficult one to trade.
Looking back at it one broker was showing a clear LH, second one was showing LL, third one didnt show anything. There were constantly buyers taken out of market then sellers then buyers etc. One broker shows some crazy long wicks to one side while the other broker shows regular consolidation range, it kinda messed my mind up. Caused by these GBP news most likely.

Assuming some wicks are manipulated/broker difference, You would look for body breaks as higher probability cause there is the bulk of the volume.
Also i think the 15m OB which you marked isnt correct? In my opinion correct OB or atleast the higher probability one was one red candle below it (inside that consolidation range - impulsive first break out of it) where market reacted to exact PIP (Oanda did atleast but not FXCM) before turning around. But then yes again different brokers show different wick sizes for OBs in these situations. Correct me if Im wrong.

Cheers!
  • #3,550
  • Nov 16, 2021 1:44pm Nov 16, 2021 1:44pm
Quoting Chrissk
{quote} Hey guys, I was eyeing this pair as well and looks like it was pretty difficult one to trade. Looking back at it one broker was showing a clear LH, second one was showing LL, third one didnt show anything. There were constantly buyers taken out of market then sellers then buyers etc. One broker shows some crazy long wicks to one side while the other broker shows regular consolidation range, it kinda messed my mind up. Caused by these GBP news most likely. Assuming some wicks are manipulated/broker difference, You would look for body breaks...
both OBs are correct... the one below has been tested before that move up... not a fresh area to be looking for trades as there is a high probability that the unfilled orders sitting there might have been used up....
cut your losses short and let your profit run
  • #3,551
  • Edited 2:21pm Nov 16, 2021 2:05pm | Edited 2:21pm
Quoting bleeze
{quote} both OBs are correct... the one below has been tested before that move up... not a fresh area to be looking for trades as there is a high probability that the unfilled orders sitting there might have been used up....
Thanks for reply!

Shouldnt this one count as tested too? Do ppl count this as tested?
Assuming both are tested, doesent it make more sense to look for buys only on the one further away where move started?
Assuming highest probability & best RR entries only are taken.

In comparsion to the left one (@22:00 in pic) where price moved strongly down away and leaving it as untested in my eyes and high probability order block until impulsivness showed out of consolidation range + no clear BOS (assuming trend switch/conditions changed) - so not a good idea to take it.
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  • #3,552
  • Nov 16, 2021 2:20pm Nov 16, 2021 2:20pm
Quoting Chrissk
{quote} Thanks for reply! Shouldnt this one count as tested too? Do ppl count this as tested? In comparsion to the left one where price moved strongly down away and leaving it as untested in my eyes and high probability order block until impulsivness showed out of consolidation range + no clear BOS (assuming trend switch) - so not a good idea to take it. {image}
nope that doesn't count as tested as the OB was never tested until price clearly returned to it.... the test of the OB to the left produced the move that broke the m15 structure...
cut your losses short and let your profit run
  • #3,553
  • Edited 3:23pm Nov 16, 2021 2:45pm | Edited 3:23pm
Quoting bleeze
{quote} nope that doesn't count as tested as the OB was never tested until price clearly returned to it.... the test of the OB to the left produced the move that broke the m15 structure...
Breaking it down into 1m from start to beggining.
The next 15M candle opened above, it came back to OB (tested? - red zone) and countinued, doesent it make it tested?
If it opens inside and runs away I would count it as untested most likely but the next one opened above and created next double top @ 1M.
Notice how the next 15M candle which opened above 15M OB didnt break structure - made double top then came back and tested that 15M+1M OB and run away.
So is your view still same aka untested?
If its counted as untested then why does price turn around exactly in that point after entering in that zone? Im not talking about some ~5-10 pip area (probably turn around in that area etc move). Im addressing exactly PIP to PIP moves, as shown in the 15M OB image above as well.
Theres no room for error as you can see, everything is calculated. Look at that 1M OB & breaker. Is it the magic algorithm?

Soz for bothering, just trying to make it 100% clear, I see theres alot of similar moves everyday.
It could be 0 drawdown good entry potential due to the impulsivness + BOS or missed one.

Appreciate reply, many thanks!
If theres somebody else willing to clarify I appreciate alot.
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  • #3,554
  • Nov 16, 2021 3:36pm Nov 16, 2021 3:36pm
Quoting Chrissk
{quote} Breaking it down into 1m from start to beggining. The next 15M candle opened above, it came back to OB (tested? - red zone) and countinued, doesent it make it tested? If it opens inside and runs away I would count it as untested most likely but the next one opened above and created next double top @ 1M. Notice how the next 15M candle which opened above 15M OB didnt break structure - made double top then came back and tested that 15M+1M OB and run away. So is your view still same aka untested? If its counted as untested then why does price...
it all comes down to your rules and what works for you, how you draw your zones, what you see as bos, if you chose to take a shallow tested zone or a deep tested zone etc... if you see an edge in the way you trade.
cut your losses short and let your profit run
  • #3,555
  • Nov 16, 2021 4:18pm Nov 16, 2021 4:18pm
Quoting bleeze
one more long on the GBPUSD {image}
Hey bleeze,
Can I just ask why you didn't take a trade at OB #1 that I marked but instead waited until price hits OB #2?
at first I thought it was because #2 is stronger and more reliable since it's the origin of the move that broke the structure.
but then I see you took trades off of OB #3 below which I think is kind of similar to OB #1 structure wise
anyway nice trades as always
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  • #3,556
  • Nov 16, 2021 8:59pm Nov 16, 2021 8:59pm
short ga
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,557
  • Nov 16, 2021 9:18pm Nov 16, 2021 9:18pm
watching gu around asia low
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,558
  • Nov 16, 2021 9:34pm Nov 16, 2021 9:34pm
dow
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ITB - Seeing Orderliness amongst 'Randomness'
  • #3,559
  • Nov 16, 2021 10:30pm Nov 16, 2021 10:30pm
OB
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Sanaullah
  • #3,560
  • Nov 17, 2021 12:17am Nov 17, 2021 12:17am
Quoting sanaullah79
OB {image}
Great!! use the OB indicator well it is amazing tool for me,


looks like it has tap H4 breaker taken out the internal liquidity.
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"Exchange of hands"
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