1M Price Action System | Page 212 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price Action Swing Trade System 5 replies

Shouldn't a good price action system work on all time frames? 21 replies

Two-Stroke System (Mechanical Price Action +300 pips per month) 118 replies

Building a system based on price action 5 replies

Attachments: 1M Price Action System
Exit Attachments

1M Price Action System

  • Linked: I am ICT | Demo Account XXXXXX40 Starting Nov 12, 2021
  • Expand
  • Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
3 hr ago
Last Sync: 3 hr ago
to
No trading activity in this period.
  • #4,221
  • Mar 26, 2022 11:11am Mar 26, 2022 11:11am
Quoting 16set
{quote} I think pumi is right, +OB is BB, i saw 1 commend explain in his video. ITB, bilal could you please making a series explain about series mentorship 2022 of ICT? My knowledge is not enough to fully understand.
nay. too much time and effort required.
i could not even complete viewing most of his past series.
we could only do bits and pieces here and there, as most of our time will be spent on family and home matters.
i think he drew breaker on candle body.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,222
  • Mar 26, 2022 11:16am Mar 26, 2022 11:16am
Quoting Paulscaff1
{quote} I was also looking at this Volume Imbalance on the weekly as a potential objective, the Vol Imb Low is sitting right at equilibrium of the range. And also lines up with the open of your Daily order block. {image}
That would be nice. I'm long and in the red. lol

I missed the initial entry but entered on the first return to the FVG Zone (I use the candle body as the Zone , which is a hold-over from WRB HiddenGAP analysis). A few intervals later, price exploded to up, but the move was short lived. Price spent the rest of the day meandering around the FVG Zone.

Attached Image (click to enlarge)
Click to Enlarge Name: SMT 1.jpg Size: 440 KB



BTH, INTHEBOX killed it on GBP around this same time. So big ups to him.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #4,223
  • Mar 26, 2022 11:25am Mar 26, 2022 11:25am
Quoting HiddenGap
{quote} That would be nice. I'm long and in the red. lol I missed the initial entry but entered on the first return to the FVG Zone (I use the candle body as the Zone , which is a hold-over from WRB HiddenGAP analysis). A few intervals later, price exploded to up, but the move was short lived. Price spent the rest of the day meandering around the FVG Zone. {image} BTH, INTHEBOX killed it on GBP around this same time. So big ups to him.
Yeah I see that after NY open price basically did f#ck all.

Those equal lows that are painted look likely to get ran on Monday.

Did you take anything off on the initial move up after entry?

Personally ive been closing 50% at 1R using Pres's suggestion for a while now to remove the risk and seems to be serving me well so far, so that initial up move would have made it risk free.
  • #4,224
  • Mar 26, 2022 11:47am Mar 26, 2022 11:47am
Quoting 16set
{quote} I think pumi is right, +OB is BB, i saw 1 commend explain in his video. ITB, bilal could you please making a series explain about series mentorship 2022 of ICT? My knowledge is not enough to fully understand.
Here's another example of the use of a wick as an OB (OB in the lower time-frame but on the higher time-frame is reflected on the wick)....

This is GU M5 and M15....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd-5 (2022-03-26).png Size: 49 KB
Click to Enlarge Name: gbpusd-15 (2022-03-26).png Size: 53 KB
  • #4,225
  • Edited 2:26pm Mar 26, 2022 11:57am | Edited 2:26pm
Quoting Paulscaff1
{quote} Yeah I see that after NY open price basically did f#ck all. Those equal lows that are painted look likely to get ran on Monday. Did you take anything off on the initial move up after entry? Personally ive been closing 50% at 1R using Pres's suggestion for a while now to remove the risk and seems to be serving me well so far, so that initial up move would have made it risk free.
I reckon if next week is an "up-week", it could potentially go something like this.

Attached Image (click to enlarge)
Click to Enlarge Name: iMarkup_20220326_165556.png Size: 97 KB
  • #4,226
  • Mar 26, 2022 12:10pm Mar 26, 2022 12:10pm
Quoting 16set
{quote} I think pumi is right, +OB is BB, i saw 1 commend explain in his video. ITB, bilal could you please making a series explain about series mentorship 2022 of ICT? My knowledge is not enough to fully understand.
Another example. Just play with the charts focusing on say 1 higher time-frame candle and break it down by zooming into the lower time-frames to see how it was formed. Likewise look at the Order Block in that way and you will notice that where there is a successful Order Block there is also a Break of Structure in the lower time-frame. Hence I say an Order Block is the BOS of a lower degree. ICT also did mention something similar in one of his old video series (I can't recall if it is the MM Series, ATM Method, Went or Scout Sniper).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd-5 (2022-03-26) (1).png Size: 66 KB
Click to Enlarge Name: gbpusd-30 (2022-03-26).png Size: 55 KB
  • #4,227
  • Mar 26, 2022 12:16pm Mar 26, 2022 12:16pm
we can watch hundreds of videos, read hundreds of articles.
of what use are they if we are unable to remember and apply them in the end?

just like pencil sketching, the lines can appear faint.
if we draw them 10 times over again and again,
the more times they are drawn over,
the bolder and darker the lines become,
thereby making impressions on the paper,
even though we erase the darkened lines away.

 

  1. “Not having heard something is not as good as having heard it; having heard it is not as good as having seen it; having seen it is not as good as knowing it; knowing it is not as good as putting it into practice.”
    -- Xunzi

ITB - Seeing Orderliness amongst 'Randomness'
  • #4,228
  • Mar 26, 2022 12:29pm Mar 26, 2022 12:29pm
Quoting Paulscaff1
{quote} I reckon if next week is an "up-week", it will look something like this. {image}
I have a daily up bias looking like this:

Attached Image (click to enlarge)
Click to Enlarge Name: FFGUBIAS.png Size: 119 KB

H4 in an up channel

Attached Image (click to enlarge)
Click to Enlarge Name: FFGUBIAS2.png Size: 129 KB

But that's a scary big ass down tail on the week though
  • #4,229
  • Mar 26, 2022 12:34pm Mar 26, 2022 12:34pm
BraveheartTrade is putting the 2022 ICT YT Mentorship into a pdf documented form.

https://twitter.com/BraveheartTrade/...23494674939906
  • #4,230
  • Mar 26, 2022 12:37pm Mar 26, 2022 12:37pm
Just my idea for GU expected weekly forecast, i can be wrong, so trust your own analysis:


Taking Entries is an art which can be against the analysis keep your stop loss on high alert always .
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 61 KB
"Exchange of hands"
  • #4,231
  • Mar 26, 2022 12:38pm Mar 26, 2022 12:38pm
Quoting shane1
BraveheartTrade is putting the 2022 ICT YT Mentorship into a pdf documented form. https://twitter.com/BraveheartTrade/...23494674939906

Thanks for sharing always
"Exchange of hands"
  • #4,232
  • Mar 26, 2022 1:42pm Mar 26, 2022 1:42pm
Quoting ChrissK
{quote} 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...
thank you for sharing such invaluable knowledge. i subscribed.

reg 1m structure trailing SL ; could you pls tell how you do it, I hope not by manual. With TSL I have very disappointing experience trials in the field, on softf tester with mt4 but monitoring every trade i dont want to be the one. The way you described, is what I do actually manual too to protect good win, but to get 1;10, 1:20 and more perhaps you have a tool doing the ob better when optimized and working with no emotion
  • #4,233
  • Mar 26, 2022 2:03pm Mar 26, 2022 2:03pm
Quoting Pumi
{quote} Another example. Just play with the charts focusing on say 1 higher time-frame candle and break it down by zooming into the lower time-frames to see how it was formed. Likewise look at the Order Block in that way and you will notice that where there is a successful Order Block there is also a Break of Structure in the lower time-frame. Hence I say an Order Block is the BOS of a lower degree. ICT also did mention something similar in one of his old video series (I can't recall if it is the MM Series, ATM Method, Went or Scout Sniper). {image}...
you will notice that where there is a successful Order Block there is also a Break of Structure in the lower time-frame...
i wish I could follow your break down more better in a video clips. or could you point out you may have performed such break down to lft on ff here somewhere so i could go there to study what you say here. i am a little confused with BOS, validated an impuls from a LTF zone, so that OB would be successul candidat, once price comes back to it to retest it, is it correct in that order
  • #4,234
  • Mar 26, 2022 2:16pm Mar 26, 2022 2:16pm
Quoting Pumi
A missed entry on the EU. I was waiting for it for more than an hour until I was distracted (I don't place limit orders on Fridays). {image}
pls give us a detailled lesson of beak down of OB from the HTF to LTF ... when down to the M5 or M1 so that we should/would not miss the entry, is it correct ... or not always possible to do so/
  • #4,235
  • Mar 26, 2022 2:59pm Mar 26, 2022 2:59pm
Quoting ntk
{quote} pls give us a detailled lesson of beak down of OB from the HTF to LTF ... when down to the M5 or M1 so that we should/would not miss the entry, is it correct ... or not always possible to do so/
i have also an issue with the gold on 24/3 at 1941.99 i would assume a sell that price continue to reach the channel bottom before revers, but it not doing so. where it the mistake i you could help use your OB breakdown technique, i would like to see it. very appreciated
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 40 KB
  • #4,236
  • Mar 26, 2022 3:34pm Mar 26, 2022 3:34pm
"This is the secret." - ICT.

"I swear to you this is all you need." - ICT

"I basically just handed you an ATM machine". - ICT

Okay, the last one is a bit hyperbolic, but not completely wrong. Clearly, there are those here that are making bank using some or all aspects of his teachings. Which brings me to the point that is often forgotten: Not only does ICT want his students to eternalize this teachings, but he also wants them to make the concepts their own. Which means every student does not do things the exact same way. Some will focus on one aspect of his teaching, while others will focus on another. So far in my learning, this means I don't pay attention to OBs and I still have Volume on my charts.

THE AFTERNOON TRADE.

I was already long from an earlier set up. Even though trades are taken off the M1 timeframe I consider this model/method to be more day trading than scalping.

What plagues me at the moment, is why I failed to see what now seems so obvious?

Step 1:

Attached Image (click to enlarge)
Click to Enlarge Name: SMT 2.jpg Size: 380 KB


Algo, or no Algo, something usually occurs around 1330 hrs New York time. Therefor this is the start of the Afternoon trading hours.

At 1330 we look for a significant high or a significant low that formed either just prior 1330 or just after 1330. Technically, you would have a "daily bias" in mind, so you would really only have to look for one. In other words, if you had a daily bullish bias, you would only look for a significant low. Because prior to any move higher, you want to see a move lower into an area where there is liquidity to fuel the impending move in the other direction.

Step 2:

Attached Image (click to enlarge)
Click to Enlarge Name: SMT 3.jpg Size: 400 KB


we wait for the market to trade below that level. Price does not have to close below the level, but it is nice when it does. Not the first time price came down to this level, it did not close below. But the key part is that there never was a Market Structure Shift.

A few minutes later, price trades and closes below the level.

This time we get a Bullish Market Structure Shift with some displacement and a Fair Value Gap (FVG). Due to price's natural desire to rebalance a prior imbalance, price is momentarily drawn back to the FVG. Some students will enter on the first touch into the FVG, others will wait for price to trade to the midpoint of the Gap, and others may want to see confirmation.

I don't need to see the next candle close higher for confirmation. The Spring with that volume in that area is enough.(Sorry for the last two sentences. Despite what I said earlier, I am trying to keep as much of me out of my post and only focus on ICT. Although I do believe the two methods complement each other and I don't want the VSA contingent to think I've abandoned VSA or them. I've just, well I've just filled in the gap..)
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #4,237
  • Edited 6:39pm Mar 26, 2022 6:13pm | Edited 6:39pm
Quoting ntk
{quote} thank you for sharing such invaluable knowledge. i subscribed. reg 1m structure trailing SL ; could you pls tell how you do it, I hope not by manual. With TSL I have very disappointing experience trials in the field, on softf tester with mt4 but monitoring every trade i dont want to be the one. The way you described, is what I do actually manual too to protect good win, but to get 1;10, 1:20 and more perhaps you have a tool doing the ob better when optimized and working with no emotion

Yeh, manually .. just follow the price action, the only guide You ever need, I dont use any indicators, I just mark up the interesting key levels/areas aka potential turning points and see how it reacts there - how much gas left? No need to physically "trail it" all the time also, just see when price starts building opposite LTF structure (starts breaking back minor highs/lows) then maybe move SL closer/behind structure/close trade and see if it wants to go lower/higher, does it have some momentum left? Is it getting exhausted? Maybe it just filled some imbalance back and now the drop is gonna begin? Are we consolidating now suddenly? But does the structure remain in our favor when we are consolidating/squeezing? Maybe it needs a bit more time? Drop base drop? Bigger breakout coming? Just read/follow price action, look at the candles on different timeframe, they are telling You something.. I dont always read it right, but atleast I try and I learn from mistakes and thats how you can proccess also when You see these things unfolding Yourself. Based on Your reply Your like asking for some kind of holy grail system..

If daytrading mostly and looking for a quick reaction from the market in specific times only then theres no harm in monitoring, most of the times quick scalps dont last very long and I like to see how the price moves as im gaining more experience.

Do make life easier then can set alerts, use 2 screens to do other stuff/work, no need to watch every candle always, but its good to mark zones where market might react off to, so You can take some profits off/see how the lower timeframe structure reacts, trail SL closer in these scenarios .. also market doesent care about my RR either.. Like .. I dont know for sure if its gonna go 1:10 or 1:2 .. I just have some ideas in mind based off experience.. so I usually have 2-3 targets in mind, sometimes only one easy target (e.g if trading bigger timeframe retracement back).. but only price will confirm further, so Im always prepeared to take what it wants to give me (constantly using both HTF + LTF together as a guide), adapting with the environment, never forcetrade or hopetrade something. If theres no setup or not deep enough pullback for me to enter then theres no trade as simple as it is. Theres alot of times that the limit orders dont get filled or trade ends up with breakeven and then theres alot of times it just keeps running further in profit when i already took the most of the profits off and its totally fine (its actually really good aslong as one is following the system) - buildup of more patience & discipline for future.

Quoting ntk
{quote} thank you for sharing such invaluable knowledge. i subscribed. reg 1m structure trailing SL ; could you pls tell how you do it, I hope not by manual. With TSL I have very disappointing experience trials in the field, on softf tester with mt4 but monitoring every trade i dont want to be the one. The way you described, is what I do actually manual too to protect good win, but to get 1;10, 1:20 and more perhaps you have a tool doing the ob better when optimized and working with no emotion
If theres emotion problem, like .. if it hurts (lol ) then theres only 2 solutions I can say based on my experience:
1) Lower the risk, have a risk management plan - risk only a certain precalculated % and $ that Youre willing to lose!
2) Gain more charttime/experience.
or probably both..

Before entering trade one should know/have precalculated how much they are already risking $$ wise, accept the risk/potential loss pretrade - removes fear aka emotion! Risk management calculator can help alot probably as its the only "indicator" I can suggest using, also reffered as (The Secret) - See here:
Quoting bilal1947
{quote} Added to Post # 1 Yes there is a secret trick ! but rarely people believe that it is the real secret. People think important is the method but it is not the method it is the secret + method without the secret no method will be successful. The Secret: what is the amount of $$ loss (not pips) we willing to lose from all our equity? what % it will be from our equity lost is the secret. Unfortunately we dont use SL and assume price has to respect my entry always. if you have the answer of above question, you will not need to ask how many pips...

Like think logical, if we place the SL above/under the assumed "Liquidity grab"/market structure then price shouldnt break it, if it does then its already shift/change in structure and we were wrong about it being a liquidity grab/stophunt anyway, so Your SL does the job for You .. so trust it. Losses are part of the game, gotta take them like a man. Theres always next day, next session and new opportunities, so why get emotional about one trade?


Quoting ntk
{quote} i have also an issue with the gold on 24/3 at 1941.99 i would assume a sell that price continue to reach the channel bottom before revers, but it not doing so. where it the mistake i you could help use your OB breakdown technique, i would like to see it. very appreciated {image}
About gold .. I can suggest on not purely relying on trendlines/channels that much .. like market doesent care if its gonna touch the bottom or top of the trendline on Your chart .. and then theres difference about how you draw it.. not gonna talk about it here but .. instead follow the market structure (HHs/LLs), order flow, e.g where are the obvious stops sitting (liquidity $$), wheres imbalances (orders left on the table), which side has momentum, wheres the daily chart heading to? How does it react there? How much volatility was there during Asia? Was it ranging mostly? Hows the daily candle doing today? Did we really just had inside bar yesterday? Okay so we can expect really pretty high moves/volatility upcoming in London & NY.. etc thats how I like to think/see charts.



To finish things up..
And also dont neccessary follow my advice.. take everything with a grain of salt You see and/read and go backtest, forwardtest and see by Yourself how things work and take notes, see how You can actually trail and move the stops in certain sitatuions, whats the most logical/beneficial way for You that fits YOUR style? Yes I like to often ride that 1m structure, and scale in and out, but maybe You dont have time for that? Maybe its too complicated? Theres tons of information in those charts we have access to nowadays and ICT videos and thats one of the best things You can do! Just gotta put the work in - learn something, then see by yourself how it forms on live, practise it day in day out etc..

Feel free to build/develop Your own system that You like, only a certain type of price behaviour You wanna see, that You know that fits Your personality and only trade that what You can see, what might work for me might not suit for You.
ICT talked about Your "bread & butter" setup constantly in hes older videos thats uniquely Yours in its own way - once it clicks and once You find it/develop it further, then You only know what Youre looking for .. like you see it, its there and thats all You need, just 1 move Youre looking for and that 1 move can build Youre whole trading career! Be it OTE, Judas swing, higher timeframe breaker block setup, only a certain session liquidity grab followed by LTF BOS & retest, daily candle raid, LTF equal lows/high liquidity range setup, whatever it is. Go find it, backtest, forwardtest and make it uniquely Yours that You can follow and take without hesitation!


Best of luck!
  • #4,238
  • Mar 26, 2022 7:16pm Mar 26, 2022 7:16pm
Quoting ChrissK
{quote} Yeh, manually .. just follow the price action, the only guide You ever need, I dont use any indicators, I just mark up the interesting key levels/areas aka potential turning points and see how it reacts there - how much gas left? No need to physically "trail it" all the time also, just see when price starts building opposite LTF structure (starts breaking back minor highs/lows) then maybe move SL closer/behind structure/close trade and see if it wants to go lower/higher, does it have some momentum left? Is it getting exhausted? Maybe it...
many invaluable knowledges you give in the msg. thank for coming across you to be able to receive those advises
  • #4,239
  • Mar 26, 2022 10:03pm Mar 26, 2022 10:03pm
Quoting ntk
{quote} i have also an issue with the gold on 24/3 at 1941.99 i would assume a sell that price continue to reach the channel bottom before revers, but it not doing so. where it the mistake i you could help use your OB breakdown technique, i would like to see it. very appreciated {image}
H4 View:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 45 KB
"Exchange of hands"
  • #4,240
  • Mar 26, 2022 10:26pm Mar 26, 2022 10:26pm
i am interested in knowing more about breaker.
so far i only managed to search out 2 ict videos on that.
would like traders to post more if can find them.

Inserted Video



Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
0 traders viewing now