1M Price Action System

I just don't like to gamble money away. I like to study what I'm getting myself into (did the same for Poker, turned 10$ into 200$ over 2 years )

The application is incorrect. Just have a look at the market structure (edit: and the fractal) on the Daily and H4 time-frames. Look at the liquidity from those time-frames.

Wick meets the wick is a fvg filled dont miss to see daily/weekly time frames



1M execution is the same way:


There are more confluences on other times frames as well as we go down to multiple time frames.

EU - H4 - stop hunt


1M Execution:



There are more confluences on other times frames as well as we go down to multiple time frames.

AU - Daily wick meets the wick

Execution 1M


There are more confluences on other times frames as well as we go down to multiple time frames.

Its all about R2R in this system, never afraid to book the loss even if your right one can again enter but never hold on hopes and see big draw downs

I would like to share my first ever live trade


Since i only saw this after it touched a place were i would've liked to enter so i went to a lower time frame (15m) and saw exactly the same setup so i entered (it's at 4R at the moment and I'm starting to have itchy fingers, my TP is the same TP as if i did the trade on a higher time frame, but since I'm itching im trailing my SL close to price

Hi Bilal interesting thread - my compliiments.
2 small questions:

- as I read in page 1 (screenshots of Post 2) it is always necessary to get the trend reverrsal
that we have a divergence. Please confirm

- Why did you choose M1 Timeframe ? (and not 5M, 15 M and so on)

Thank you very much

clean setup

you're always wrong until you take something off the table
Congrats i wish you the best

Thank you

The trade ended up as a 4R btw (if i sticked to the plan it would be a 7R )

I'm not sure if Bilal and others have shared this on this thread. One can go through Pips of Persia's Youtube videos for more clarity on the concepts shared on this thread. I find his videos on Market Structure very useful and it's clearly explained. Here's the link: https://www.youtube.com/c/PipsOfPersia/videos

1. one should always stay with trend continuation catching the retracement reversals from some OB or FVG
2. its all about your SL that should decide the Lot size based on to the % of risk of equity, the lesser the time frame lesser the risk, one can use any time frame your comfortable with.

regards
bilal

Sorry English is not my native language, I read a lot and understand, but I hope to see more full time analysis framework.Sometimes I see a lot of traders on 1M deals, I see me dazzled, and maybe I\'m old.ha-ha.Wish to all traders

maybe you can start off by posting a chart with your view for discussion.
some like to use m1 to refine entry when a set up is seen in higher time frame.
for example if you see a set up in d1, it would be quite difficult to use the same time frame for entry instead of going down to smaller time frames. not necessary m1.

Its advised to start with higher timeframes.
The reason being not thats its too much noise (like most people tell you) or 1m is "useless". No it can tell You alot. Every major move starts in lower timeframe - think daily, weekly, monthly and even yearly reversals. Where they start? In lower timeframes. So all timeframes are fractal but its easier to navigate through higher timeframes for begginners/as starting students. Trading is already hard, so simplify it by doing less when starting out. Stick to basics. You have less timeframes to combine together and less information to proccess, You have time to analyze and build confidence. Also waiting for HTF (higher timeframe) to reach Your target builds discipline & patience. Patience also to wait out till candle actually closes for both entries & TPs!

I remember when I started with 1m timeframe when I picked up trading and then i mixed in indicators, buy sell signals, moving averages etc. I was already confused and then I added even more items in (which are advertised to make Your trading easier). Was so easy to get frustrated when something didnt work out and as we know frustration is emotion and emotions can lead to bad decisions like revenge trading, blowing up accounts etc. Alot of time wasted on things I didnt need, but on the other hand You learn from mistakes and sometimes You need to make them to be sure Youre in right direction. So always see by yourself.

M1,M5,M15,M30 etc are all good for entries and structure wise still but only if HTF agrees with Your decision and You know where you are + what Youre looking for in HTF + LTF. You can use 5 second chart as well have but You have to be in the right HTF zone/key level.
Even when I enter on 5m/1m chart (which I do almost always) I make sure the HTF (30m/1h, daily) etc candlestick pattern is valid for me, that im actually comfortable going in (big wicks/dojis/tweezer etc). You dont wanna enter on 30m/1h/4h engulfing into opposite side but if theres doji/wicks it can be a sign of a reversal pattern forming on LTF or trend countinuation. Dont trust me but go look at the charts, practise and look by yourself, how often Do You see 1h/30m dojis/big wicks and then reversal happening? Now combine it with key levels/OB/S&R zone etc and there You go, You already have a nice advantage there.

I would start with 30m/1h entries based on the same hourly, 4h & daily structure at first. Then later on add weekly, monthly levels etc and once comfortable enough start going into lower timeframes like 15m/5m/3m etc. Alot of ppl dont even go under 30m/1h and they still trade very successfully. Its not too high that you have to wait days for something to happen but on the other hand You dont need a minute precision if entry (lowest) timeframe is 30m/1h. Fit it with your personality/lifestyle.


Good luck!

Thanks for the advice and I will stick with it.For the first time I went above to see if it is correct, what is wrong is welcome to point out the communication。

The H4-SH-M15 entry was used, and no BOS was taken.I\'t not familiar with OB yet.

The guidance evaluation is welcome to point out my shortcomings

1. d1/h4 for drawing market structure - resistance, previous week high, round number .........
2. m15 entries - all the clues there.
price shot up asia high but could not continue and fake out.
came back down resistance, previous week high, round number and asia high leaving all the trails.