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Attachments: M5 Scalping Strategy (S&D|FVG)
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M5 Scalping Strategy (S&D|FVG)

  • #61
  • Nov 25, 2023 12:43pm Nov 25, 2023 12:43pm
Quoting MachineLearn
{quote} Would love to hear more. I will also look into only using candle bodies and not wicks. Thanks for your input
Kindly describe what you considers as Supply and Demand / Fair Value Gap / Order Block / Break of Structure etc. (to set a level-plane for this tread)

I'm asking because I've seen several traders that claim to use these methods, and they all have different descriptions/terms - so searching around for information as you mentioned in post1 may cause more confusions for people that "found" different definitions that the ones you use/intend.

TIA!
  • #62
  • Nov 25, 2023 12:55pm Nov 25, 2023 12:55pm
Quoting Kafin
{quote} Kindly describe what you considers as Supply and Demand / Fair Value Gap / Order Block / Break of Structure etc. (to set a level-plane for this tread) I'm asking because I've seen several traders that claim to use these methods, and they all have different descriptions/terms - so searching around for information as you mentioned in post1 may cause more confusions for people that "found" different definitions that the ones you use/intend. TIA!
I hear ya…I think I defined FVGs and SD Zones pretty objectively clear.

Break of Structures is the only concept that has some user subjectivity. The more rigid you try and make the rules around BOS’s the more opportunities you miss out on. You can say, a BOS is only when “x” high or “y”low is broken (which I did clearly state in post 1) and this is fine. I’m just showing users other ways to interpret big market shifting moves. It’s a concept for users to start trading with, and if they want to make the rules more or less specific they absolutely can/should. I’ve found personally in my trading to be free flowing. That’s why algos usually fail, they’re too rigid. Use your intuition … price has been hiking up for hours and hours, making many new highs, and suddenly the market drops aggressively moving 2-3x the entire first move up. This is an area you should start thinking about, regardless of whatever specific rule set you’ve given yourself about what a BOS is..

The truth is, S/D works without identifying a BOS. I added it to the strategy because from experience setups following these kinda moves prove to be more accurate.

Hope this helps!
  • #63
  • Nov 25, 2023 1:10pm Nov 25, 2023 1:10pm
Quoting MachineLearn
{quote} I hear ya…I think I defined FVGs and SD Zones pretty objectively clear. Break of Structures is the only concept that has some user subjectivity. The more rigid you try and make the rules around BOS’s the more opportunities you miss out on. You can say, a BOS is only when “x” high or “y”low is broken (which I did clearly state in post 1) and this is fine. I’m just showing users other ways to interpret big market shifting moves. It’s a concept for users to start trading with, and if they want to make the rules more or less specific they absolutely...
Thanks!

You gave clear description of FVG and BOS, but only said that S/D can act as Support and Resistance.

There is something about the few things that you have written that tells me that you know what you are talking about!!
  • #64
  • Nov 25, 2023 1:25pm Nov 25, 2023 1:25pm
Quoting Kafin
{quote} Thanks! You gave clear description of FVG and BOS, but only said that S/D can act as Support and Resistance. There is something about the few things that you have written that tells me that you know what you are talking about!!
Your initial concern is exactly why I started using FVGs to locate these zones!

SD zones are similar to support and resistance zones in the sense that the nuanced and specific details are pretty subjective and change from trader to trader. If you browse thousands of S/D indicators they’re all different. At the core though is what I mentioned on page 1. However, for us and this strategy, the supply and demand zones are created by FVGs…so we don’t need to focus too much on what other people consider a supply and demand zone.

wait for BOS, find FVG(which helps find our SD zone), wait for price to take liquidity, profit!
  • #65
  • Nov 25, 2023 1:51pm Nov 25, 2023 1:51pm
A wick of a candle is a crusial tool that is needed when analysing the market as it can be referred to as a Gap, it should be treated as a fvg and a body of a candle is used as an entry level if it doesnt violate the fvg meaning if it does not close above the fvg...if it close above the fvg they will be price continuation in that direction of the current market..
  • #66
  • Nov 26, 2023 8:18pm Nov 26, 2023 8:18pm
A potential demand zone for tomorrow
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  • #67
  • Nov 26, 2023 8:21pm Nov 26, 2023 8:21pm
Potential demand setup right now..
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  • #68
  • Nov 27, 2023 1:21pm Nov 27, 2023 1:21pm
Anyone see this perfect setup? I missed it!
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  • #69
  • Nov 27, 2023 2:00pm Nov 27, 2023 2:00pm
Do you trade in direction of what the higher time frame is doing?
  • #70
  • Nov 27, 2023 2:15pm Nov 27, 2023 2:15pm
Quoting harlanroger
Do you trade in direction of what the higher time frame is doing?
Depends
  • #71
  • Nov 28, 2023 12:44am Nov 28, 2023 12:44am
Great thread, subscribed...
  • #72
  • Nov 28, 2023 7:07am Nov 28, 2023 7:07am
Quoting Dane
Great thread, subscribed...
Glad to have you aboard
  • #73
  • Edited 11:32am Nov 28, 2023 10:59am | Edited 11:32am
NAS100 Demand

+2R
  • #74
  • Edited 1:39pm Nov 28, 2023 1:27pm | Edited 1:39pm
On board! i have paid large sums of money for some courses in my life (on this concept) and your explanations on this subject are clear and with charts make my life easier, now lets see if I have the brains to put it all together.

Thanks Boss
  • #75
  • Nov 28, 2023 3:04pm Nov 28, 2023 3:04pm
Quoting Detto
On board! i have paid large sums of money for some courses in my life (on this concept) and your explanations on this subject are clear and with charts make my life easier, now lets see if I have the brains to put it all together. Thanks Boss
I think we all have at some point during our journey

Excited to have you part of the thread!
  • #76
  • Nov 28, 2023 3:35pm Nov 28, 2023 3:35pm
Interesting thread so far, I like the clean charts. Potential setup on EURNZD for a 'clean' FVG early in the move after BOS
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  • #77
  • Nov 28, 2023 4:01pm Nov 28, 2023 4:01pm
Quoting L1ghtning
Interesting thread so far, I like the clean charts. Potential setup on EURNZD for a 'clean' FVG early in the move after BOS {image}
Thanks. Great find, I really like this setup. Very strong BOS, Clean FVG, Same direction as the larger structure. Only thing to do is observe price action as we get closer to the zone. I’ll definitely be taking this setup if it plays out
  • #78
  • Nov 28, 2023 4:09pm Nov 28, 2023 4:09pm
Currently finding better solutions to target than arbitrary risk reward ratios.

FVGs can also act as a magnet for price, I’m thinking of a way to apply a targeting system that looks for large FVGs within a specific risk window.

1:2 is a safe and easy solution for protecting our bets, but part of the reason i introduced the system to FF was for a more intelligent and robust method for exiting positions in profit
  • #79
  • Nov 29, 2023 2:15am Nov 29, 2023 2:15am
USDJPY right now. Clean FVG early in the run and BOS - using a trendline instead of a horizontal line this time
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Also GBPUSD
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  • #80
  • Nov 29, 2023 5:45pm Nov 29, 2023 5:45pm
Perfect setup today on UJ

TP at 1R, can go for more
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