1M Price Action System

Tôi đã xem hầu hết các clip về ICT nhưng việc xây dựng một hệ thống giao dịch trong ngày rất khó đối với tôi, may mắn thay tôi đã tìm ra bài học của Bilal, tôi đang cố gắng học lại từ đầu để tuân theo các quy tắc.
Mong mọi người giúp đỡ để tìm ra những sai sót trong quá trình học tập của mình

Higher timeframe orderflow is the key.

Ye, also look at daily, hourly & m15/m5 before going down into m1. Markup intresting areas where market can do some sort of business. Try to look market from both perspectives (buyer+seller). See where the where the higher timeframe/order flow is going/what they are trying to achieve.
M1 should be used only for execution when You know where You are at higher timeframe. You have to be in some sort of a key level. Also keep in mind the importance of time and then price along with power of 3 (accumulation-manipulation-distribution).
Also both of Your oneminute entries were taken into opposite side engulfing. I personally like to see 30s/1m chart dojis/wicks/smaller candles (candlestick confirmations, signs of possible reverse) before Im pulling the trigger. Compare the impulsivness of the candles and compression/consolidation on each side, You can see the bear side was rushing somewhere - to fill up the imbalance.

What does this thread first page say?
"My setup rules below:
1. look for a liquidity grab / Imbalance rebalance
2. wait for a BOS (break of structure) with a FVG
3. then Retest of OB (order block) is our entry."

" "

EURUSD 15m - This is my hindsight view, You can see the price went down to fill up the imbalance perfectly along with stophunts and then went back up to fill the upper imbalance with nearly a pip precision. Your SL was behind equal lows along with unfilled FVG just below - this is the place where we actually look to enter not place our SL - "1. look for a liquidity grab / Imbalance rebalance".

yeah, i have seen this on earliar post.. actually its really hard to find similar things on market..

Hi Chrissk, Inthebox, Pumi
can you let me review the orders entered during the week to learn

Are you sure? It is one of the easiest things to spot on the chart. A wave is made up of mini-waves and it goes on and on...

Just open a clean chart and zoom-out a little.

I'm not sure what you mean by reviewing the orders. I guess you want to see the trade setups.

I made 9 trades, all EURUSD, last week (3 on Monday, 5 on Tuesday and 1 on Friday) and I made 6 wins and 3 losses with a net gain of 116 pips for the week. I expected Monday and Tuesday to be consolidating and hence I was scalping on those days (and I made a net gain of 56 pips from that). I wasn't able to trade on Wednesday and Thursday (my 9 to 5 kept me very busy). I will show you my Friday's trade and hopefully you will learn from it. My entry was late as I normally don't use a pending order. So the entry was market execution....

Heyho,

Todays Nas (as last positions closed few minutes ago) with example 45m as "HTF" (can also be 30m/1h/4h - whichever You like/see cleanest price action) and 1m LTF as execution chart. 1M chart opened only after HTF Imbalance filled + OB touched in confluence with market structure (higher highs/lower lows), round number, session open (anticipating first hour of NYSE to send traders into wrong direction) and the basics - Liq. grab, OB, BOS, FVG (Imbalance) etc. This is the basic of the basics. Ive marked 1. 2. and 3. rules on LTF chart as the thread rules say - this is done after we have the HTF confluence along with basic market structure (LL+LH). We also had HTF equal highs liquidity grab and now price retested that area. So both higher & lower timeframe liquidity grabs.
We also have the economic sitautions going on (shorts favorable) along with US30 taking out the London high (as they are correlated this was another extra confirmation for me). As we should always look for some kind of buystops/liquidity taken out to get short positions in.
As I believe these are all very good confluences and aslong as Your patient enough to wait for those Your trades can eventually run into double digits RR easily, just like this one did. To summarise we had same confluences on higher timeframe (HTF) and then same confluences on lower timeframe (LTF).

As SL goes - Usually I go with tight SL as im entering on 1M, so never afraid to book a loss and place it just below/above Liq. grab & round number combo as I believe price has done the business already there and if it goes there it most likely will keep going and I gotta accept that im wrong.
TP-s - look at the market same way if you would be a buyer, where would You wanna get in? (LTF/HTF OBs, FVGs, liquidity pools, supply/demand zone etc).
I usually have lowertimeframe 5m/1m (OB+FVG) targets and leave rest (optional runners) for HTF swing low/high liquidity, ob, fvg etc or till change in basic market structure (HH/LL). Preferably high reward & low precalculated comfortable risk trades.

Feel free to ignore the optional hedge marking, as it was just one low risk position I left it for myself as im student also and just practising the price action to get a better feel for it also (incase i get stopped out with shorts I have some kind of equity cover/protection).
But ofcourse You dont need to catch every move, its absurd, stick to simple basics and build up the patience & discipline to wait for entries + TPs to get filled.

45m chart

1m executions with 1, 2 & 3 rules as confluences


And keep posting Your charts if possible - I love to see them, wheter its winning or losing or just a predicition.
Good luck & Keep practising - as so am I!

Regards,
Chriss

Hello ChrissK,

Can you share your stackng ideas please?

Do you risk an x % for that one trade from 13371 to 13291 and split the x% for each short? Is it a mix of limit and market?

Its kinda complicated and at the same time it isnt .. lol Im still working on some things but I think I finally cracked the code what works best for me.
I got some variantions.. If you really wanna read .. I could talk hours of that but lets get started ..

First the must have things: 1. (!) Yes, always comfortable precalculated risk with using position size calculator.
Anywhere between 0.5%-2% (depends on setup, confluences etc, the better the confluences the more can risk). Also take into account winning + losing streaks. Too much of either isnt good.
So if i have maximum daily risk 2% (to protect equity + pshyology) I can take 2 losses/trades, say e.g 1% per trade and then split it (1%) up with 2-3 positions (lets say i lost that (I count this as 1 trade as 1% was risked) - so i got one more chance for today.

To the positions: If im really confident on HTF candles and I got time to monitor then im trying to pyramid (something like that: ICT Mentorship - Learn How To Read Forex Price Action - YouTube) eg first position 1lot- second 0.5 etc and then just keep trailing the SL cause usually market makes lower lows, lower high/higher highs, higher lows - so I try to squeeze out as much as possible and trail it cause it shouldnt validate the last LTF OB if theres enough confluences (anticipating we can ride the 1m structure). This is kinda difficult to explain, gotta take into account alot of things e.g average daily range, volatility, power of 3 - if theres alot of low volatility/ranging action, then You can expect big moves soon to come and this is where you can squeeze the most out with trailing SL by just moving SL behind 1m structure and keep adding more on pullbacks (ob+fvg retests). Ideally SL should be in profit that much that if price pulls back and Your second/third pyramid scaling position goes into SL You dont lose anything/exit with small profit. If market keeps respecting the 1m structure - You gonna win big time. Big wins, small losses & small wins. If you look todays Nas it went into nearly 1:20RR - same entry but if one would trail the SL behind 1m structure (so 3/4 of the daily range is caught just by trailing SL + additional scalings so its actually over the daily range You can catch- thats actually huge). It just recently broke the 1m structure (bullside) after significant daily swing low liquidity taken and thats the power of the trailing SL. Now imagine if one would pyramid this thing from the same place i started shorting, it would be like 1:50 RR? Ok no pyramid but same risk and then just trail SL, its like 1:100RR+? (add more on 1m pullbacks).

I try to live by the words i heard once - "the day you start scaling up into winning positions - this is the day You become a real trader". Logic behind this is usually people/beginners try to close too early cause market might turn around and then scale up into losing trades and then blow up their accounts etc but once You actually make that pshyology twist then its gamechanger and ofcourse it has to be strategical scaling along with risk parameters.

On this exact trade i was just looking for LTF simple easy low hanging fruit short target and HTF runner so I split the 1% risk up into 3-4 positions and then try to get the one position best fill as possible (e.g first fvg limit where market could turn around, second start of ob, third (50% of ob range). Then once price started dropping and made like a 50% retracement back i scaled in some more (direction confirmed) and moved stops closer in profit not to invalidate risk parameters and then I just took out some comission and other fees @ 1:1 and rest of the partials @ key areas, where market could reverse eg opposite 1m OB + FVG etc and then just leave HTF runner/LTF (1m structure trailing SL) position with SL @ breakeven and chill. I wanted to scale back some profits but market didnt pull back enough though so i just left it running.. as You can see it dropped pretty steep.

To keep things as simple as possible I dont suggest going over 2-3 positions and same with TP. Some of the TP options include - on my ideal trades theres one LTF OB+FVG/equal lows/highs liquidity pool for TP (basically same place where I would enter on opposite side), then theres second LTF trailing SL (move SL behind 1m structure highs/lows - helps you squeeze so much out of market) and third as HTF OB/swing high/low liquidity - aka places where market can turn around). You have to be okay with market not reaching Your highest target and You also have to be ready for market to reach highest + even more. Can also look at TPs when shorting like "Where would I get in if I wanna be a buyer?".
Again, entries were: FVG (1), start of OB (2), 50% of the ob (3) and new LL + LH scale more in when @ profits along with ~50% retracement back/new FVG & OB fill (4). First was limit FVG, rest was based on candlestick reactions (wick rejections) in confluence with OB (was ready if market pulls back deeper into ob, it did - so i added some more and then one more as we started taking bearside direction.

And yes sometimes hedge as well, sometimes i leave the hedge, sometimes i close it, depends on context, on this trade i decided to close the buy (I was really confident on the shorts so why not bang the long profits already) usually i leave the buy open and then as soon as price moves away (if im shorting) i put the hedge (long) into breakeven, then get strategical risk free breakeven SL for shorts. So as soon as my shorts hit the long hedge or close to it im gonna breakeven my shorts and take partials cause the long has to be in some kind of key area as well, i never TP and/enter at random areas, its all textbook and confluences for me.

Can also look fresh ICT mentorship episode 13 (2022 ICT Mentorship Episode 13 - YouTube) @30:00+ for similar scalings, this is mostly what Im trying to do/practise/ideal scaling scenario. In ideal scenario i should have scaled on one more time @ 13111 (FVG+ breakerblock+rejection wicks confluence) .. but well I didnt.. looking at hindsight it was easy zero drawdown scaling opportunity but I was expecting a bit deeper pullback but ye you never know sometimes these things just take off like nothing and those FVGs dont immediately get filled so Im always trying to leave something for long term targets and always have some risk appetite left on the table if price makes a deeper retracement.

Im still learning and experimenting with these things but these seem to work well so far for me. It was a headache at first but thankfully I have developed a strict gameplan for now. For beginners its still best to stick with 1-2 positions at max and same with TPs, im just trying to get to the next level, eh but even then Im trying to limit these scalings to 2-3 max as I like to play around with taking partials, then adding back at better fill and squeezing a bit more out etc when I get time to play around. This can often be really hard and confusing and it comes down to experience really as seen on the videos.. but I believe it helps me understand the movement and nature of the price action a bit more. So as I believe when theres certain confluences, then You can kind of expect a bigger drop and then theres huge potential for scaling into these winning postions.

Apologizes for the long reply, if something left unclear then feel free to ask. :]

This is an epic reply!

Give me some time to digest it as I am a slow reader. Thanks for replying

You certainly weren't afraid of selling into the zone, your first three are masterful, your stops must have been small. Looks like you got 4:1 on 3 of your positions.

I've seen many a traders stacking in nowadays, it's certainly something I should get my head around because I always thought it was riskier than the traditional one target and one stop. But looking at your chart and the way you explain it opened up some ideas and it bought me back to some reasoning that stacking controls risk more than traditional entries and exits. It's not clear when the retrace ends but I see you always find it with an OB, FVG etc...

However there are a lot of moving parts you way you did it but my concern is that you had a few minutes to get your four positions going. Amazing.

Please keep supplying your amazing charts. I haven't watched the ICT video yet, just going to do it now and get some maths going to see what's possible. Thanks for sharing.

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Tôi không hiểu tại sao BOS, bạn có thể giải thích?

Hi, fortunately I translated your words to English
Hopefully this chart makes you understand better, I am not sure whether am I correct or not.

Hello guys! I'm studying a lot the trades posted here.

I have a question to bilal and other topic participants. Do you use some type of confirmation to enter in a trade? Looking to posts i see that when price enter in order block zones, usually is where entry point is inserted.

When i was watching some youtube videos, i saw a concept called Change of Character (ChoCH). This make sense to use with order blocks. Wait to price test an order block and see in LTF if price has a change of character(broke some previous low) to get a confirmation or it doesn't make sense?

I appreciate your support.

Taking a Long off the London Low. Did not add to positions, I think that is the intention on days like these. Refer to a similar pattern on 25-Feb.

AUDJPY sell limit order triggered. TP and SL set. Let it run.

Update. SL hit.

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HTF D formed Fractal then enter LTF M30 to find market structure, am I correct?
The nature of the market is a segment when I study it, it is quite vague
If in case D there is no Fractal, go to H4 to find it?
sorry my english is not good, i have to google translate