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1M Price Action System

  • Linked: I am ICT | Demo Account XXXXXX40 Starting Nov 12, 2021
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  • #4,241
  • Mar 27, 2022 2:12am Mar 27, 2022 2:12am
S&P breaks structure.

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And since they need to, they must, they have to, crash their fiat debt system, this is probably why ICT is so desperate to help as many as he can.

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  • #4,242
  • Edited 4:29am Mar 27, 2022 4:18am | Edited 4:29am
Quoting ntk
{quote} 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
Hi ntk,

I didn't make a video and unfortunately I will not make one.

To see what I am talking about requires you to spend some time on the charts, like I did, and look at the OB on the HTF and zoom into LTFs to see the BOS. I went further to also look at the tick charts.

How did I reach to the conclusion of the Order Block and Break of Structure?

I studied the BOS more on this thread (and other sources) and I was satisfied with it as a tool that I can use. As for the OB theory I knew it for a long time but I wasn't satisfied with it. I believe earlier on this thread I questioned the OB as a strong tool to use (as it is not respected at times). So I sat down and highlighted an OB where price returned to and respected it (on a HTF). Then I zoomed down to LTF to see what is happening around that OB and I took notes of what I saw. The obvious things I noted - liquidity grab (some), displacement, FVG, the BOS and where it happens (near Support/Resistance).

The first thing you need to understand is the meaning of an OB.

ICT defines a Bullish OB as:
1. The Lowest Candle or Price Bar with a Down Close (bearish);
2. That has the most range between Open and Close;
3. And is near a "Support" level.

He goes further and say its validation is when that Last Candle or Bar is traded through by a later formed Candle/Bar. In terms of Price Action you can see a breakout from that Last Candle/Bar (it doesn't have to be one opposite candle/bar - it can be many opposite candle/bars). You want to see a displacement that follows that Last Candle/Bar. In a BOS price breaks through the previous Low or High (a displacement).

Take this knowledge about the OB and combine it with the BOS that is explained on this thread and use the HTFs and LTFs to see my conclusion. Like I said even ICT briefly mentioned it on one of his series videos.

Bear in mind of the fractal nature of the market - a wave is subdivided into smaller waves and so on and so on. Also a Candle/Bar in HTF is is divided into candles/bars which can be seen in LTFs.

For an illustration just pick an OB in a HTF (preferably H1 and above) and show me the pair and time-frame and then I will break it down for you. I don't want to select an OB and show you the break-down to suit what I'm saying. Note if the OB candle/bar has a wick (and/or the candle prior) you are highly likely to see a BOS of the lower degree. So to make it harder for me choose an OB candle/bar (and prior candle/bar) with no wick for price to pass through. Why select from a HTF? I don't have past tick data to break it down any further below M1.

The best way for you to see all of this is through spending some time on the charts (research and practice, practice, practice). Always bear in mind of the fractal nature of the market.
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  • #4,243
  • Mar 27, 2022 4:41am Mar 27, 2022 4:41am
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 believe ITB touched on this many times on this thread. And therefore I don't want to repeat the same thing.
  • #4,244
  • Mar 27, 2022 5:16am Mar 27, 2022 5:16am
Quoting bilal1947
{quote} H4 View: {image}
ah we dont need to break down to LTF as we had a good H4-OB waiting for return to origin already. Very nice clean chart.
  • #4,245
  • Mar 27, 2022 7:34am Mar 27, 2022 7:34am
Quoting Pumi
{quote} I believe ITB touched on this many times on this thread. And therefore I don't want to repeat the same thing.
ITB? Over my head ......could you give some key words so I could search those posts pls
  • #4,246
  • Mar 27, 2022 7:54am Mar 27, 2022 7:54am
Quoting ntk
{quote} ITB? Over my head ......could you give some key words so I could search those posts pls
hi hi itb here. lol.
i think that it is better that you can provide a chart with a particular situation that you had faced before
and highlight the questions on the chart.
in this way the answers tend to be more specific because every one is looking at the same picture.
that will be easier for every one to contribute to the discussion which will be more fruitful.
because generic questions will receive generic answers..
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,247
  • Mar 27, 2022 8:04am Mar 27, 2022 8:04am
Quoting Inthebox
{quote} hi hi itb here. lol. i think that it is better that you can provide a chart with a particular situation that you had faced before and highlight the questions on the chart. in this way the answers tend to be more specific because every one is looking at the same picture. that will be easier for every one to contribute to the discussion which will be more fruitful. because generic questions will receive generic answers..
I like to see some recent examples of a OB break down from HTF to LTF pls .... refined OB?
  • #4,248
  • Mar 27, 2022 8:12am Mar 27, 2022 8:12am
Quoting ntk
{quote} I like to see some recent examples of a OB break down from HTF to LTF pls .... refined OB?
now you need to find them and show to us the HTF chart.
in that way you will remember it better, because the chart is chosen by you.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,249
  • Mar 27, 2022 9:01am Mar 27, 2022 9:01am
Quoting ntk
{quote} ah we dont need to break down to LTF as we had a good H4-OB waiting for return to origin already. Very nice clean chart.
Always, i have shown you htf. Break it down, now its your turn to show us.
"Exchange of hands"
  • #4,250
  • Edited 9:27am Mar 27, 2022 9:15am | Edited 9:27am
Quoting Inthebox
{quote} now you need to find them and show to us the HTF chart. in that way you will remember it better, because the chart is chosen by you.
I would like to have for this market. RH4 supply OB is retested already and price is falling. But is there an good LTF OB still hidden in the OB zone which would lead price to come back up there again, and kill my short trade ...

also for the SH4 DEM OB, about 0.7492, it is a good H4 DEM OB, sometimes P would touch it or retest, RTO... is it correct, how to argue with intent, BOS, impuls candle that this OB is a good, validated OB? I learnt bits from many places, and unfortunatedly getting more confused how those elements are used and bound in the right order

also if price comes down to 0.7492 for retest H4 OB DEM, I would TP at the top boundary. But sometimes price goes deep inside like touching 50% or even the lower boundary before bounce back ... or shoot through the OB, (why? because that is the FX market it can goes any where it wants) is there any "rule" in your experience
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  • #4,251
  • Mar 27, 2022 10:23am Mar 27, 2022 10:23am
Quoting ntk
{quote} I would like to have for this market. RH4 supply OB is retested already and price is falling. But is there an good LTF OB still hidden in the OB zone which would lead price to come back up there again, and kill my short trade {image}
i show you where my m5 entry and exit would be.

as to whether price will come back up again, no body knows.
because the blue dotted box shows that it is under consolidation.

if for whatever reason you decided not to tp at liquidity, stop would have been placed to protect your entry

will be back later for the other one.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,252
  • Mar 27, 2022 10:25am Mar 27, 2022 10:25am
Quoting bilal1947
{quote} Always, i have shown you htf. Break it down, now its your turn to show us.
i would draw like this for searching the LTF OBs, starting from H4, then drop to H1, then drop to M15, then drop to M5 ...
there are 1 good M5 OB, and one M15 OB untested at the bottom
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  • #4,253
  • Mar 27, 2022 10:26am Mar 27, 2022 10:26am
Quoting ntk
{quote} I would like to have for this market. RH4 supply OB is retested already and price is falling. But is there an good LTF OB still hidden in the OB zone which would lead price to come back up there again, and kill my short trade ... also for the SH4 DEM OB, about 0.7492, it is a good H4 DEM OB, sometimes P would touch it or retest, RTO... is it correct, how to argue with intent, BOS, impuls candle that this OB is a good, validated OB? I learnt bits from many places, and unfortunatedly getting more confused how those elements are used and bound...

What makes You wanna short the aussiedollar there?
Can You show me Your highertimeframe confluence first before jumping into lower timeframe.
Like open a daily chart and mark everything You can see there, and then I show You what I can see and what i have forecasted for this pair previously.

And only then You should move into lower timeframe - when you have some kind of idea where daily is heading to.
  • #4,254
  • Edited 11:10am Mar 27, 2022 10:46am | Edited 11:10am
Quoting ChrissK
{quote} What makes You wanna short the aussiedollar there? Can You show me Your highertimeframe confluence first before jumping into lower timeframe. Like open a daily chart and mark everything You can see there, and then I show You what I can see and what i have forecasted for this pair previously. And only then You should move into lower timeframe - when you have some kind of idea where daily is heading to.
Sorry I did not know you make an analyse/evaluation for aussiedollar

I assume based on the chart here and a manual trading system based on MTF_moving average, when cross up the stepped MT_moving_average I buy, when hit resistance I would monitor to protect profit

the check on divergence I thought I saw, is inconclusive, because there is div on RSI and MACD, but on MACD the 2 lines gap wide indicates bull force still strong .... usually when the market is manipulated conventional indicators are behaving out of the window ...
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  • #4,255
  • Mar 27, 2022 11:33am Mar 27, 2022 11:33am
Quoting ntk
{quote} Sorry I did not know you make an analyse/evaluation for aussiedollar I assume based on the chart here and a manual trading system based on MTF_moving average, when cross up the stepped MT_moving_average I buy, when hit resistance I would monitor to protect profit {image}
Yeh, thats like the classic retail kind of trading, I can only suggest the sooner You remove all these indicators and moving averages the better and more cleaner You will be able to see price action and where liquidity might be sitting (retail stoplosses) and actually follow this thread purpose, but again if its working so far for You, if its actually generating You the money .. then Im not the judge.

Its common that traders get trapped into wrong direction believing its gonna reverse and yes in fact it can go into a nice profit and can results in a nice trade - but is it a quality trade? Whats the logic behind it? If this resistance will hold then why the previous support didnt hold? Is this daily doji just a trap for traders or is it actually gonna reverse now? Something to think about..
Im not saying You cant short this, im just saying try to find high probability quality confirmations, Look at the momentum on H4, H1 and M15, Its not there yet. Why the M15 lower timeframe swing low didnt get taken out? Maybe its too early to short yet. As traders we get paid if we wait for perfect opportunity.


This is 4 months old.. from Decemeber
Quoting ChrissK
{quote} I think that the "triple bottom" liquidity will be taken out first based on the last "triple bottom" strong daily body closes (no more wick closes like on previous daily double bottom) + last daily wick close. Based on the hourly 0.72 looks like a good short opportunity for me. {image}

This is what I see now after we got that triple/double bottom liquidity out.. my eyes go straight into the next liquidity pool
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Cheers!
  • #4,256
  • Mar 27, 2022 11:43am Mar 27, 2022 11:43am
Quoting Inthebox
{quote} will be back later for the other one. {image} {image}
continuation.

my m1 entry and tp.

i don't know what kind of trader are you.
scalper, short term, swing, position?
if you are a swing or position trader, then you should not be looking at m15.
if you are a scalper or short term trader, then be like ict.
don't be married to the trade. cut losses fast, or BE if you want to hold longer.
it's a problem for me too. i am trying very hard to do this myself.

to me, there is no such thing as validated ob.
what can give us a better than average chance of winning 60-80% is:
time of day, liquidity taken, bos, fvg.
choose a bos with fvg near it.
wait for price to come to you. don't go around chasing price.
many of us are lacking patience to be traders.

what is all said and done, no 2 pairs of eyes are the same.
even though we learn the same stuff, i am sure that your entry and exit will be different from mine.
even with 10 of us here, all will be different.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #4,257
  • Mar 27, 2022 11:49am Mar 27, 2022 11:49am
Quoting ChrissK
{quote} Yeh, thats like the classic retail kind of trading, I can only suggest the sooner You remove all these indicators and moving averages the better and more cleaner You will be able to see price action and where liquidity might be sitting (retail stoplosses) and actually follow this thread purpose, but again if its working so far for You, if its actually generating You the money .. then Im not the judge. Its common that traders get trapped into wrong direction believing its gonna reverse and yes in fact it can go into a nice profit and can...
my eyes go straight into the next liquidity pool....

I saw like that too, but is it not too obvious? after what happened at the V-form, remember we have $ pool at that very end there and along side on the up leg engineered too ... the market maker would not refuse to take $ on the down leg first then ... push up to clear that $ pool soon after, no?
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  • #4,258
  • Mar 27, 2022 11:54am Mar 27, 2022 11:54am
Quoting Inthebox
{quote} continuation. my m1 entry and tp. i don't know what kind of trader are you. scalper, short term, swing, position? if you are a swing or position trader, then you should not be looking at m15. if you are a scalper or short term trader, then be like ict. don't be married to the trade. cut losses fast, or BE if you want to hold longer. it's a problem for me too. i am trying very hard to do this myself. to me, there is no such thing as validated ob. what can give us a better than average chance of winning 60-80% is: time of day, liquidity taken,...
I am scalper to short term holder 1, 2 or 3 days some times (if hold DD, due to come in too early)
  • #4,259
  • Mar 27, 2022 12:03pm Mar 27, 2022 12:03pm
Quoting ntk
{quote} I am scalper to short term holder 1, 2 or 3 days some times (if hold DD, due to come in too early)
you can do that but only when your lot size is small to withstand like 200-300 pips od.
do not become like:
scalper, turn to short term, turn to swing, turn to position trader.
ITB - Seeing Orderliness amongst 'Randomness'
  • #4,260
  • Mar 27, 2022 12:11pm Mar 27, 2022 12:11pm
Quoting Inthebox
{quote} continuation. my m1 entry and tp. i don't know what kind of trader are you. scalper, short term, swing, position? if you are a swing or position trader, then you should not be looking at m15. if you are a scalper or short term trader, then be like ict. don't be married to the trade. cut losses fast, or BE if you want to hold longer. it's a problem for me too. i am trying very hard to do this myself. to me, there is no such thing as validated ob. what can give us a better than average chance of winning 60-80% is: time of day, liquidity taken,...
thank you for sharing sincer and great advises
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