Attachments: Buyside and Sellside Liquidity Wicks and Liquidity Voids

Buyside and Sellside Liquidity Wicks and Liquidity Voids

#21
Mar 29, 2022 6:27am Mar 29, 2022 6:27am

ntk
Joined Dec 2018 | Status: Trader | 1,271 Posts

Quoting Forexholy

Disliked

{quote} You want to check the higher timeframes for directional Bias especially the Daily and make sure your wick is taking out liquidity.

Ignored

I subcribed immediately when I see your pictures and you pointed out you used to trade those points before learning ICT. Yes those point also were peak and troughs, and the technique is ridiculous because it is similar catching the knife
Do we have too," check the higher timeframes for directional Bias especially the Daily"? I only see there is $ I dont care which bias, MM will sure take it. soon or later

Study how/why/what wicks works could be a gold mine ... see Rob Hoffman trading and the IVT inventory candle, that could be an other definition cover, hide what our human kind re always doing, like when our ancestor look at a dog, a buffalo, a bird ... there is only two ways, eat it or keep it as pet

#22
Mar 29, 2022 6:42am Mar 29, 2022 6:42am

ntk
Joined Dec 2018 | Status: Trader | 1,271 Posts

Quoting taksistalo

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Hello Forex, I follow your previous posts. Thanks for the information you provide. I have a small question: In your wick identification how can you tell difference if wick will work or not. I mean in history it's easy to spot which worked, however there are tons of them which don't work and just continue to go same direction. Especially in crypto =)

Ignored

'how can you tell difference if wick will work or not. I mean in history it's easy to spot which worked, however there are tons of them which don't work and just continue to go same direction. Especially in crypto' ... are those wicks , extreme wicks turning in to places of BOS? and give indication $ was there but you need to learn instruction to unravel to somewhere, where the $ is now hidden ...

#23
Mar 29, 2022 6:46am Mar 29, 2022 6:46am

ntk
Joined Dec 2018 | Status: Trader | 1,271 Posts

Quoting MMaris

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{quote} It is an ICT concept yeah. A lot of people use it but in a wrong way mostly, same with any other strategy.

Ignored

"but in a wrong way mostly, same with any other strategy. " interesting could pls help me a little bit more

#24
Mar 29, 2022 6:59am Mar 29, 2022 6:59am

Forexholy
Joined Jun 2017 | Status: Trader | 2,403 Posts

If I am looking at 1 Min Buyside or Sellside Liquidity wick
I will then go up to a 5Min and 15 Min timeframe and see if everything is going in the same directional bias so I guess you really don’t have to go as high as the daily. I would say it depends on what timeframe you wick is on that you want to trade.

#25
Mar 29, 2022 7:25am Mar 29, 2022 7:25am

qiingxleey
| Joined Feb 2016 | Status: Trader | 1 Post

Quoting Forexholy

Disliked

Starting another thread since I understand more of why wicks work!

Ignored

Hi Champ!
I see all your Trade decisions are concluded on the M15. Could you kindly help with a brief on how you analyse & make Trade Entries & Exits based on your Liquidity Wicks trading system?
I'm curious to understand how you interpret the wicks, you know. I appreciate all you do here.

Thanks in anticipation!

dIscover... Invest... profIt$$$

#26
Mar 29, 2022 8:48am Mar 29, 2022 8:48am

Forexholy
Joined Jun 2017 | Status: Trader | 2,403 Posts

Quoting qiingxleey

Disliked

{quote} Hi Champ! I see all your Trade decisions are concluded on the M15. Could you kindly help with a brief on how you analyse & make Trade Entries & Exits based on your Liquidity Wicks trading system? I'm curious to understand how you interpret the wicks, you know. I appreciate all you do here. Thanks in anticipation!

Ignored

Well what like to do as I did this morning is go through all pairs on the 15 timeframe and look for wicks that have took out liquidity and if I find something that looks good I will drop down to the 5Min and 1 Min and if everything is moving in the same direction I will then look to enter on the 1 Min timeframe as I did this morning

#27
Mar 29, 2022 8:49am Mar 29, 2022 8:49am