Attachments: Buyside and Sellside Liquidity Wicks and Liquidity Voids

Buyside and Sellside Liquidity Wicks and Liquidity Voids

#41
Mar 29, 2022 10:10am Mar 29, 2022 10:10am

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

Well that trade did not work out
If I would have went to the 1 HR timeframe
you can see there is a Buyside Liquidity wick

#42
Mar 29, 2022 11:28am Mar 29, 2022 11:28am

MMaris
| Joined Feb 2022 | Status: Trader | 21 Posts

Quoting ntk

Disliked

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

Ignored

What I mean is that for various reasons, people use ICT concepts in the wrong way, and they find themselves against the real market direction. One of the reasons is that they don't strictly follow their rules, or they interpret what ICT or other mentors say differently from what it's meant to be. Also, a lot of traders get "analysis paralysis" and can't define whether the market will go up or down, they see both being a possibility and can't choose which direction to choose.

#43
Mar 29, 2022 12:05pm Mar 29, 2022 12:05pm

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

We have more than 30 years of datas is there any study or project study about statistic
how many times fake out come more often in GU than EU
how many times if the last asian session >50 pips the London session H4 candle will show a wick larger than 15 pips
how often if London is an up-session, NY would start with a down phase

etc...
where can we see such statistics on general monitoring, useful or non-useful

#44
Mar 29, 2022 12:13pm Mar 29, 2022 12:13pm

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

Quoting MMaris

Disliked

{quote} What I mean is that for various reasons, people use ICT concepts in the wrong way, and they find themselves against the real market direction. One of the reasons is that they don't strictly follow their rules, or they interpret what ICT or other mentors say differently from what it's meant to be. Also, a lot of traders get "analysis paralysis" and can't define whether the market will go up or down, they see both being a possibility and can't choose which direction to choose.

Ignored

...can't define whether the market will go up or down...

well I agree this is a big problem, not simple as ppl say if price > 200ema keep looking for buy opportunity...

There are even school there they dont care about market is up or down, they just react on if market behaves like a sell market you sell; if like buy market you buy ; when finishing sell then they begin to sell, when finishing sell then they buy

#45
Edited 11:11pm Mar 29, 2022 10:10pm | Edited 11:11pm

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

EU

wick is $

update:
Last up leg retraced only 38.2%, bull force still too strong. but if can not break above 1.114 then EU still in bearish state, $ grab around 1.097 could still happen

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#46
Edited Mar 30, 2022 7:12pm Mar 29, 2022 10:30pm | Edited Mar 30, 2022 7:12pm

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

UJ BoJ does intervene, but it has fallen too steep, nerly hit the 800ema.

Look at the wicks on the left could it be a case wick hides $

update after

then continue to get to the goal TP2 161.8%, bu then it complete a deep retracement, I guess it will revers going back up and will grab $ on the way up or we can say it clear all on-the-way-up engineered liquidity/targets

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#47
Mar 30, 2022 4:31pm Mar 30, 2022 4:31pm

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

I am noticing there seems to always be a FVG formed after a 1HR liquidity wick that can be used as an entry. I will have to test this out to see how effective it works

#48
Mar 30, 2022 4:37pm Mar 30, 2022 4:37pm

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

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#49
Mar 30, 2022 4:46pm Mar 30, 2022 4:46pm

edge540
Joined Apr 2007 | Status: Trader | 658 Posts

Nice pictures,care to explain how this works?

#50
Mar 30, 2022 5:28pm Mar 30, 2022 5:28pm

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

Quoting edge540

Disliked

Nice pictures,care to explain how this works?

Ignored

Let me first ask you are you familiar with
ICT Trader concepts? If not you need to go to his YouTube channel and check him out!

#51
Mar 30, 2022 6:07pm Mar 30, 2022 6:07pm

MMaris
| Joined Feb 2022 | Status: Trader | 21 Posts

Quoting Forexholy

Disliked

{image}{image}{image}

Ignored

Where do you place your stop loss? Above the FVG or above the last high/low? I think in the first post you should write about the entry rules and links to material to help people who don’t know about ICT start learning, like in Bilal’s thread, he linked videos and materials about every ICT concept he uses

#52
Mar 30, 2022 6:19pm Mar 30, 2022 6:19pm

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

EU wicks up there, look in the past an impulse down, gave us POI, we did a return to origin, rect nd get pushed away swiftly. Now in the past we had big unfilled gap up there... hence we will go grab $ above those upper wicks, then perhaps partially fill the gap the my direction hence up, I see TP at the prev daily high D1_high_1

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#53
Mar 30, 2022 6:35pm Mar 30, 2022 6:35pm

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

Quoting MMaris

Disliked

{quote} Where do you place your stop loss? Above the FVG or above the last high/low? I think in the first post you should write about the entry rules and links to material to help people who don’t know about ICT start learning, like in Bilal’s thread, he linked videos and materials about every ICT concept he uses

Ignored

Yes that sounds good I will have to find the right videos for the concepts of his that I use. I think I have one problem though I never found a video of his where he uses wicks in his trading.

#54
Mar 30, 2022 7:07pm Mar 30, 2022 7:07pm

MMaris
| Joined Feb 2022 | Status: Trader | 21 Posts

Quoting Forexholy

Disliked

{quote} Yes that sounds good I will have to find the right videos for the concepts of his that I use. I think I have one problem though I never found a video of his where he uses wicks in his trading.

Ignored

Also can you still use the FVG indicator? It disappeared from my tradingview and I can’t find it anymore…

#55
Mar 30, 2022 7:15pm Mar 30, 2022 7:15pm

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

Quoting Forexholy

Disliked

I am noticing there seems to always be a FVG formed after a 1HR liquidity wick that can be used as an entry. I will have to test this out to see how effective it works

Ignored

I dont know how you want to interpret them, but for me
a FVG is the trace of an impuls candle, where you FVG you can be sure an OB is newl created, near there is the POI

and wick associated with $, in form of EQH/EQL or the tip of Mountain or Waterall (A or V) the also place of $

#56
Mar 30, 2022 9:40pm Mar 30, 2022 9:40pm