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1M Price Action System

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  • #3,961
  • Feb 18, 2022 2:48am Feb 18, 2022 2:48am
Power of 3 - example:
Price stays below the daily open
Tag to a recent daily high
and Expansion to the up side
and off-course a confluence of Institutional Level - RN 1.3600
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"Exchange of hands"
  • #3,962
  • Feb 18, 2022 3:26am Feb 18, 2022 3:26am
GU shorted - please refer annotations on the chart:
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"Exchange of hands"
  • #3,963
  • Feb 18, 2022 2:37pm Feb 18, 2022 2:37pm
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cut your losses short and let your profit run
  • #3,964
  • Feb 19, 2022 6:42am Feb 19, 2022 6:42am
Quoting bilal1947
Power of 3 - example: Price stays below the daily open Tag to a recent daily high and Expansion to the up side and off-course a confluence of Institutional Level - RN 1.3600 {image}
I sold here for two reasons. Firstly, I found a bearish block order here, and secondly, the next 20-day period (ICT) ended and the price, in principle, should have reversed.the entrance, however, was crooked, did not wait for New York
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  • #3,965
  • Feb 19, 2022 7:50am Feb 19, 2022 7:50am
I got little question In 2022 There have here have huge trend for smart money concepts, what if most of traders use this concept, will the accuracy drop in future
Failure is not failure if you learn from it...
  • #3,966
  • Feb 19, 2022 10:24am Feb 19, 2022 10:24am
Quoting suneth2
I got little question In 2022 There have here have huge trend for smart money concepts, what if most of traders use this concept, will the accuracy drop in future
The smart money concepts has always been there since the era of Jesse Livermore and Richard D Wyckoff. The market evolves and Wyckoff recommended that one should not be mechanical (for example an engulfing bullish bar or a hammer/pin bar at support will not always result to a bullish trend; also you will find that an Order Block is not always respected).
  • #3,967
  • Edited 11:24am Feb 19, 2022 11:13am | Edited 11:24am
Quoting bilal1947
Power of 3 - example: Price stays below the daily open Tag to a recent daily high and Expansion to the up side and off-course a confluence of Institutional Level - RN 1.3600 {image}
Hi Bilal, just to add to our discussion on the other thread by using the chart you posted. The power of 3 was clear. The Intention part that later on showed a reversal short of your target was not obviously clear. A safer TP would have been on the recent High. If you look closer from Thursday you will find that the intention or signs of bringing the price down was there. The expansion to the upside is part of manipulation before moving it down for a bigger slice.
  • #3,968
  • Feb 19, 2022 8:04pm Feb 19, 2022 8:04pm
Quoting suneth2
I got little question In 2022 There have here have huge trend for smart money concepts, what if most of traders use this concept, will the accuracy drop in future
First of all i dont like the terms smart money (the buzz word) or dumb money (retail style) i feel every one dumb against the price only price is smarter so we all are equal, the word smart money is used so much that Michael has said he is the smart money lolz....

In a one liner I dont know how market will behave in the future, will see what it brings ...

All today's era SMC courses are nothing but a version of Michael and explain price as per their understandings, they packed the word buy/sell stops into FU candles, IFCs (institutional funder candles), or smart money.

Price behavior is such it has to go above or below a previous high/low to covert those order into sell or buy order, in below picture all these orders once converted into sells price moves down....

Since it is all about open, high, low and close so we should focus on daily, weekly and monthly open high low and close. since H4 is an intraday time frame, all lower time frames can be important with reference to the sessions too, but its the HTF that leads them.

regards
bilal
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"Exchange of hands"
  • #3,969
  • Feb 19, 2022 8:06pm Feb 19, 2022 8:06pm
Quoting Pumi
{quote} Hi Bilal, just to add to our discussion on the other thread by using the chart you posted. The power of 3 was clear. The Intention part that later on showed a reversal short of your target was not obviously clear. A safer TP would have been on the recent High. If you look closer from Thursday you will find that the intention or signs of bringing the price down was there. The expansion to the upside is part of manipulation before moving it down for a bigger slice.
By intention do you mean break in market structure or stop hunt? if you can please share the chart would be more helpful for me.

TIA
regards
bilal
"Exchange of hands"
  • #3,970
  • Feb 19, 2022 8:11pm Feb 19, 2022 8:11pm
Hi all, for those who want to download the scalping system, it's here

https://www.forexfactory.com/thread/...4#post13903474

thanks all
  • #3,971
  • Edited 2:01am Feb 21, 2022 1:29am | Edited 2:01am
Quoting bilal1947
{quote} By intention do you mean break in market structure or stop hunt? if you can please share the chart would be more helpful for me. TIA regards bilal
Hi Bilal,

The break in market structure and liquidity are some of the things I look at.
I also look at what they are doing and if it's not clear to me I stay out.

In this case I went further in my analysis:
1. The price was retracing from the Thursday's High back to test Support (Resistance turned into Support) or the BOS;
2. I looked at the range and I found that if it bounce on the BOS and move up for the buy-side liquidity it will be starting at above the 50% Fib of that range (meaning whoever will be buying there will be buy at a premium);
3. If there is not enough pull (spring) to push the price up then I expected the price to take out the recent High - which is Thursday's High;
4. I also took into consideration of the Head and Shoulders that was created - sellers will be putting their stops on the High that forms as long as the Head and Shoulder is still valid (or the Double Top is valid) - check H4;
5. So the first chop should go to the recent High and get a strong enough pull or Spring for the next High.
6. I also looked at the fact that it was Friday and the price has been bullish in the past 3 days (Tuesday to Thursday).

That is how I read price at the close of Thursday. I bought at the BOS (Resistance turned into Support) just as you did and my TP was Thursday's High (I sold on that High) and I expected them to pull the price to discount before they can go for the next Highs. If they don't take out the next Highs and move prices higher then I will be expecting a consolidation (considering the coming days - Monday and Tuesday).
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  • #3,972
  • Feb 24, 2022 2:35am Feb 24, 2022 2:35am
Hi Bilal,
Please answer the system like this right:
1. Structure
2. Liquidity
3. POI
4. Confirmation
I'm sorry my english is not good
C? h?i v?n còn ?ó, ch? có ti?n là m?t ?i.
  • #3,973
  • Feb 25, 2022 1:45am Feb 25, 2022 1:45am
Quoting D1n3r0
Hope everybody is doing well. Geez thread got flooded with nonsense for a minute . Life is crazy right now, I’m making more money in crypto the past few months than I made in 3 years. I invested 3 weeks ago in some coin called SHIBA INU. Elon Musk tweets over the weekend about buying a SHIBA INU and the market cap goes from 16 million to 90 million in 3 days. I saw a 1000% return on that investment. Crazy! Well this is my only trade for the day. Divergence + BOS + retest of OB within the 62-79 fib zone. Once inside the fib zone I waited for...
I hope everyone is making lots of pips!!! I came back in here because I need to frame this post. I’m sure you all know what SHIBA INU is now and I’ve become a whale in the DeFi space now. I still trade Forex but my OB set ups take up to weeks now because I only have the time to trade on the daily chart. GBPJPY is the only pair I watch and it gave me lots of pips yesterday but it took some weeks to achieve that but no hurry on my end First 20-30 pages of this thread are golden. The blueprint is right there
  • #3,974
  • Feb 25, 2022 5:49am Feb 25, 2022 5:49am
Quoting 7stnam
Hi Bilal, Please answer the system like this right: 1. Structure 2. Liquidity 3. POI 4. Confirmation I'm sorry my english is not good
Hi Mate

Its as below:
1. look for a liquidity grab or Rebalance of an old Imbalance.
2. wait for a BOS (break of structure) with a FVG
3. then Retest of OB (order block) or inside fvg is our entry.

and since price is fractal same rules will apply on HTF.

regards
bilal
"Exchange of hands"
  • #3,975
  • Feb 27, 2022 8:11pm Feb 27, 2022 8:11pm
[quote = bilal1947; 13911284] {quote} Xin chào Mate Nó như sau: 1. tìm kiếm thanh khoản hoặc Cân bằng lại tình trạng Mất cân bằng cũ. 2. chờ BOS (phá vỡ cấu trúc) với FVG 3. sau đó Kiểm tra lại OB (khối lệnh) hoặc bên trong fvg là mục nhập của chúng tôi. và vì giá là Fractal nên các quy tắc tương tự sẽ được áp dụng trên HTF. liên quan đến bilal [/ quote]
mean you only look at 1 timeframe to find entry, liquidity, imbalance, bigger timeframe to observe price reaction there?
C? h?i v?n còn ?ó, ch? có ti?n là m?t ?i.
  • #3,976
  • Edited 10:04pm Feb 27, 2022 9:39pm | Edited 10:04pm
Quoting 7stnam
[quote = bilal1947; 13911284] {quote} Xin chào Mate Nó như sau: 1. tìm kiếm thanh khoản hoặc Cân bằng lại tình trạng Mất cân bằng cũ. 2. chờ BOS (phá vỡ cấu trúc) với FVG 3. sau đó Kiểm tra lại OB (khối lệnh) hoặc bên trong fvg là mục nhập của chúng tôi. và vì giá là Fractal nên các quy tắc tương tự sẽ được áp dụng trên HTF. liên quan đến bilal [/ quote]...
whatever the time frames one looks at, and since they are all fractals, the basis of trading is:
that price gravitates or drawn to 2 places and they appear in all time frames:

1. stops. this is where liquidity lies.
2. imbalance. it has to be rebalanced or filled up.

time frame. it is all relative.
when one person sees h1 as higher time frame, it can be a smaller time frame for another person.
so there will be no end to what actually is htf or ltf.
market always or most of the time consolidates creating short term highs and lows.
these are where stops are resting.

since most of us here follows ICT (he trades intra day, watch his videos which explain much better if you want to know more details).
this is briefly what he does:
d1 - high low swing as directional bias to take out stops.
h1 - a framework for looking at the w1 range.
m15 - before there is any significant price move, generally there is going to be a stop hunt at swing high low.
m5/4/3/2/1 - this is where most of us here are interested in, how to enter a trade.
look for market structure shift and retracement back to fair value gap.

since stops and imbalances appear all the time, all over the place, in all time frames, the time of the day that one trades is of utmost importance.
also never forget sound money management.
ITB - Seeing Orderliness amongst 'Randomness'
  • #3,977
  • Mar 2, 2022 3:37am Mar 2, 2022 3:37am
Today Bilal
Is such OB correct? Thanks Bilal
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  • #3,978
  • Mar 3, 2022 1:16am Mar 3, 2022 1:16am
Quoting bilal1947
{quote} Hi Mate Its as below: 1. look for a liquidity grab or Rebalance of an old Imbalance. 2. wait for a BOS (break of structure) with a FVG 3. then Retest of OB (order block) or inside fvg is our entry. and since price is fractal same rules will apply on HTF. regards bilal
plz can u also make a picture for it too as simple u describe it via words .. i would like if u explain it via picture too (one picture )
  • #3,979
  • Mar 3, 2022 1:20am Mar 3, 2022 1:20am
i ma startting learning let see how much time it consume
  • #3,980
  • Edited 7:45am Mar 3, 2022 7:14am | Edited 7:45am
Quoting lostup
{quote} plz can u also make a picture for it too as simple u describe it via words .. i would like if u explain it via picture too (one picture )
The thread has now 200 pages of information with alot of pictures included and still people come here and ask, instead show some love to the thread!
Have you finished reading it all already while analyzing all the pictures that can be found here on different conditions?
Backtested & forwardtested on Your own?
Even I as I have been on this forum since November, I still have just a few more pages left to read on this thread.. the best part is theres pictures attached, and these things still keep reapeating over and over again. And You can spot them with Your eye .. but only if its trained/experienced enough from seeing these things.

Quoting lostup
i ma startting learning let see how much time it consume
Can take YEARS of hard work & studying and even then alot wont succeed.
Think of it as a SWAT/NAVY/Special military operation job/requirements. Only a certain amount people will make it, the ones with strong mindset, those who are willing to keep improving & learning. The ones who wont give up no matter what.
As pshyological wise, trading is similar if not even worse (You cant even count on some sort of a paycheck, instead one can lose all He/She ever had).

Most people here and on trading overall come and go (leave). The question is are You the one willing to stay and put the work in?

On the other hand if one holds tight and is willing to ride the journey all the way then the rewards & opportunities are life changing! :]

Be prepeared!
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