M1 Trading Using The 15m TF | Forex Factory

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M1 Trading Using The 15m TF

  • #1
  • First Post: Edited Aug 7, 2016 3:40am Jan 4, 2013 3:54am | Edited Aug 7, 2016 3:40am
Everything that is needed is contained within this thread http://www.forexfactory.com/showthread.php?t=215432

The Markets are Fractal in nature so Trading M1 is no different to Trading the HTFs. Post 34

With the charts set up correctly you can see the HTFs within the M1 chart Post 16 Post 26

The first thing to consider is "Which way is the Market going"? Post 3 Post 44

We need to know if we are in a Buying or Selling Hemisphere Post 51 Post 53

Another important factor is not to try to predict the Market Post 24 Post 31

When will the big move occur? Post 36

We need to be Trading in the direction of Momentum Post 41

That first pullback is important Post 56

The six dimensions of Trading entering Trades at the Optimum moment is Paramount Post 45 Post 47 Post 48
  • #2
  • Aug 5, 2016 4:50pm Aug 5, 2016 4:50pm
Quoting stevepatt
Not surprising to see trading the 1m TF is not for me
why you say that ?

I've seen some of your charts some of your analisys is very good and you now start to understand the macros on order flow , but you sould try to see it developing and the 1M it's a prime to see that micro price action and the micro consolidation areas to develop and ofcourse you can exploit then even in flat markets I also like and only trade normally on the GY... and I would very much like to create a good discussion here about that subject, what do you say let's give it a go.

You have started to read a good thread of that professor that when comercial for some reason, so has he says, search for the balanced areas on the 1m they happen ALOT, and then wait for the whooshh, they do happen many times

PS - I am at work now and I cant post any chart, but I brought the laptop and later I will turn it on and try to put here some chart describing what I am saying...

PS2 - I also like the way you see the hgher timeframes although I find that weekly and monthly are a bit to much at least for me I normally go as far as 4h, since a day trade and scalp.

PS3 - dont use the 15min for scalping I use the 1 min to pinpoint entries and 5 min to get my levels and the 1h to see the bigger picture for balanced/ unbalanced markets.
  • #3
  • Aug 5, 2016 5:38pm Aug 5, 2016 5:38pm
so given this empty chart I will post imge but aldo put the file so you can edit what you see and then we can discuss it

it doesnt matter what instrument is it or TF forget about that for now. just do your analisys the one you normaly do on higher time frames.. I know its an after market analisys but thats what we have its friday nothing i can do...

mark the point where market is balanced and optional to a possible trade from unbalanced.

Attached Image (click to enlarge)
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  • #4
  • Edited 5:55pm Aug 5, 2016 5:40pm | Edited 5:55pm
here is my views of it.

adding that today was a complete flat market on the higher timeframes even 1h chart was FLAT but still there is order flow on the micro levels of trading, offcourse we are not playing here all and only the major levels we are playing micro levels too "small" transactions but that are there on the order book of the market, MM and major players are also involved... I am learning to see this as it happens balanced to unbalanced to balanced thats the flow of the market that's all it does ... acumulates in balances areas and then moves to another area when becomes unbalanced and searchs for anaother area where it will become balanced and accumulate there, we just need to learn how to identify who will be more aggressive at that time who will unbalance the markets buyers or sellers and folow. collect few pips not risking much too and by that also reducing exposure. well I can't go to techinical into this cause I am also learning, and I wish more serious and more traders would join I know some here understand order flow in a much deeper level than I do.... It would be a good trhead discussion. anyways hope we can start something here, that we can both learn more from it

cheers man

PS ex3 and 4 are extracts of the account where I made the trades .


Attached Image (click to enlarge)
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  • #5
  • Aug 5, 2016 6:00pm Aug 5, 2016 6:00pm
Quoting zwara
{quote} why you say that ? I've seen some of your charts some of your analisys is very good and you now start to understand the macros on order flow , but you sould try to see it developing and the 1M it's a prime to see that micro price action and the micro consolidation areas to develop and ofcourse you can exploit then even in flat markets I also like and only trade normally on the GY... and I would very much like to create a good discussion here about that subject, what do you say let's give it a go. You have started to read a good thread of...
Hi Zware,

I said that, in 2013, because I didn't understand how M1 worked.

I will comment further over the weekend.
  • #6
  • Aug 5, 2016 6:07pm Aug 5, 2016 6:07pm
Quoting stevepatt
{quote} Hi Zware, I said that, in 2013, because I didn't understand how M1 worked. I will comment further over the weekend.
Hello Steve I look forward to ear from you. order flow was and is something that calls my attention and a subject I want to understand way better.

cheers man.
  • #7
  • Aug 6, 2016 4:42am Aug 6, 2016 4:42am
This is what I am working on, see chart below.

It comes from a recommendation from TheRealDeal to read this deleted thread by Crucial Point. http://www.forexfactory.com/showthread.php?t=215432

I had read it in the past but, at that time, I was Trading using HTFs so missed the beauty of using this on the 1 minute TF.

TRD gave me some very good advice and set me on my way this is my interpretation.

(The Smaller MAs I have on my chart are 5EMA 10EMA 15EMA and 20EMA)
Attached Image (click to enlarge)
Click to Enlarge Name: 6th Aug 16 GBP:JPY M1 Observations.png Size: 277 KB
  • #8
  • Aug 6, 2016 5:34am Aug 6, 2016 5:34am
yes I agree that's all we need if well setup

but that is in a trending market and in those markets its easy ... the example I gave above its friday GY 1min would you trade there ?

and I was curious to see your analisys in contrast to what I see so we can try to learn from them.
  • #9
  • Aug 6, 2016 12:39pm Aug 6, 2016 12:39pm
Quoting zwara
yes I agree that's all we need if well setup but that is in a trending market and in those markets its easy ... the example I gave above its friday GY 1min would you trade there ? and I was curious to see your analisys in contrast to what I see so we can try to learn from them.
I didn't try to trade GBP/JPY on Friday because of the big Bearish move we saw on Thursday and because it was Friday.

Being able to anticipate which side is being Accumulated during periods of Accumulation would be the ideal scenario but, at the moment, that is beyond my skill levels.

I want to wait until there is an obvious Market move taking place but because I am Trading M1 I am still entering early.

By Trading M1 I am a lot closer to the action and able to respond early.

The chart below shows this and there is some discretion and experience used in my Trading.

Read the thread by Crucial Point, I posted above, it has some very valuable advice within it.
Attached Image (click to enlarge)
Click to Enlarge Name: 5th Aug 16 GBP:JPY M1 Chart 2.png Size: 230 KB
  • #10
  • Aug 6, 2016 2:55pm Aug 6, 2016 2:55pm
Can you explain to me the reason of thought being that long entry there? I assume it was driven by all ma's crossing the major MA you have in your chart.

Because that point you mention in the chart as you going long, remains a clear accumulation point, in fact the candle it self shows that buyers are being absorved faster than they can buy, hence why you see that shape of candle, basically sellers were more aggressive in those 60sec of time.
Even after that, the price action that is printed means sellers are willing to pay the price buyers are asking, you can see that because you are able to see larger candles long, then the candles short, I see that as sellers are in comand they decrease and increase volume available as they see fit to fill all their positions at beter prices without making it too evident that they are accumulating there, simulating that that long trend will continue.
In fact the little clue they give you, before they tank the market and lock the buyers in a loss, is that little false breakout long immediatly rejected, basically there they were also acomodating the orders of the breakout traders and immediatly locked them all.
By the end and what finishes the accumulation process is that big red candle that breaks the accumulation box hitting the stops of the longs right there the market becomes unbalanced. and then we see the reaction.
Your entry short was on spot, although there I wouldn't go with a normal full position, because at that point in time we dont have yet the confirmation that the market will in fact become unbalanced, I would enter with half maybe a third of my ussual position there and wait confirmation, remember price retraces to to the accumulation square 80% of the times, in this example you can clearly see it did retraced back into the accumulation area, waiting new sellers to joing in and then cho cho train departure, in this point I would add another position bigger one at 135.05 with tighter stops.

That's the way I see it, but bear in mind the reason we are here analising and discussing this is with the porpuse of learning more and evolving more, I am still learning so if I am wrong pls correct me.

thanks for the reply.
  • #11
  • Aug 6, 2016 4:25pm Aug 6, 2016 4:25pm
Quoting zwara
Can you explain to me the reason of thought being that long entry there? I assume it was driven by all ma's crossing the major MA you have in your chart. Because that point you mention in the chart as you going long, remains a clear accumulation point, in fact the candle it self shows that buyers are being absorved faster than they can buy, hence why you see that shape of candle, basically sellers were more aggressive in those 60sec of time. Even after that, the price action that is printed means sellers are willing to pay the price buyers are asking,...
My Long entry was late see chart below.

As you say when there is a break of Structure/Accumulation wait for a Market re-test before looking to enter.
Attached Image (click to enlarge)
Click to Enlarge Name: 6th Aug 16 GBP:JPY M1 Observations 2.png Size: 228 KB
  • #12
  • Aug 6, 2016 4:54pm Aug 6, 2016 4:54pm
Yup exactly , late entry on the 1min charts even if you slip 10 pips you alredy missed it.

Nice charts analisys, people don't believe that short term trading is possible, I do believe. Obviousy we wont aim for 100 pips but sometimes we catch those runners too..

Anyways let's keep this alive and exchanging ideas, I knw sometimes due to the factor time being so short and we have to be always on top of the price action to see the clues underneath the candle, but let's try our best.

I would love to attract order flow trades longer or shoter time frames into here, someone with bigger knowledge to help us evolve and understand the deeps of the thing . Let's keep it positive maybe they will come eheheh

PS - BTW is it possible you edit the topic title so it may bring some OF traders in too. thanks Steve.
  • #13
  • Aug 7, 2016 3:44am Aug 7, 2016 3:44am
Quoting zwara
Yup exactly , late entry on the 1min charts even if you slip 10 pips you alredy missed it. Nice charts analisys, people don't believe that short term trading is possible, I do believe. Obviousy we wont aim for 100 pips but sometimes we catch those runners too.. Anyways let's keep this alive and exchanging ideas, I knw sometimes due to the factor time being so short and we have to be always on top of the price action to see the clues underneath the candle, but let's try our best. I would love to attract order flow trades longer or shoter time frames...

I can't change the thread heading (too much time has passed) but I have updated the first post.
  • #14
  • Aug 7, 2016 4:14am Aug 7, 2016 4:14am
Steve

You are very good at what you do.

You should do videos and post them on here as well has your own youtube

Its a lot easier to learn watching a video....seriously
  • #15
  • Aug 7, 2016 4:18am Aug 7, 2016 4:18am
This is my.method...steve im trying to put your method into mine and remove indicators.

All help really welcomed
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  • #16
  • Aug 7, 2016 4:54am Aug 7, 2016 4:54am
Quoting devontrader
This is my.method...steve im trying to put your method into mine and remove indicators. All help really welcomed {image}
my humble opinion and welcome Devon...


on the big arrow to the left what I mean is was a stop hunt for some longs made by some market market to liquidate there...


remember make it simple nor simpler...
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  • #17
  • Edited 7:34am Aug 7, 2016 7:17am | Edited 7:34am
Quoting devontrader
This is my.method...steve im trying to put your method into mine and remove indicators. All help really welcomed {image}

Hi Jason,

Which TF are you Trading from?

Try putting a 1440 Simple MA a 240 Simple MA and a 60 Simple MA on a chart when Price is below these MAs (Selling Hemisphere) Price will be moving down on D1 - H4 - H1.

Look for the first pullback after a break of the MAs this is where the 5 EMA 10 EMA 15 EMA and 20 EMA play their part.

The charts below shows the ideal setups from Monday and Tuesday 1st/2nd Aug. these wheren't the only setups on those days.

Put the MAs on the GBP/JPY, I like this pair because of the volatility, and see what you can come up with.

If you find it difficult following my logic look for a way to make it work for you I'm sure there are many ways to make this work.

EDIT... There's a mistake on Tuesdays Chart, below, the third setup should read "Market below 1440 240 60 Simple MAs go Short"
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6th Aug 16 GBP:JPY M1 Observations.png Size: 277 KB
Click to Enlarge Name: 7th Aug 16 GBP:JPY M1 Observations.png Size: 274 KB
  • #18
  • Aug 7, 2016 8:17am Aug 7, 2016 8:17am
Quoting stevepatt
{quote} Hi Jason, Which TF are you Trading from? Try putting a 1440 Simple MA a 240 Simple MA and a 60 Simple MA on a chart when Price is below these MAs (Selling Hemisphere) Price will be moving down on D1 - H4 - H1. Look for the first pullback after a break of the MAs this is where the 5 EMA 10 EMA 15 EMA and 20 EMA play their part. The charts below shows the ideal setups from Monday and Tuesday 1st/2nd Aug. these wheren't the only setups on those days. Put the MAs on the GBP/JPY, I like this pair because of the volatility, and see what you can...
could you post or email ur template?
  • #19
  • Aug 7, 2016 9:54am Aug 7, 2016 9:54am
Quoting devontrader
{quote} could you post or email ur template?

Here are the Indicators
Attached File(s)
File Type: ex4 BN Levels v1.01.ex4   15 KB | 318 downloads
File Type: ex4 Daily_Range_Stats.ex4   22 KB | 386 downloads
File Type: ex4 Spread(1).ex4   3 KB | 304 downloads
File Type: mq4 Magnified Market Price_TRO_MODIFIED.mq4   6 KB | 353 downloads
File Type: ex4 snorm_background.ex4   4 KB | 312 downloads
File Type: ex4 !SM_ADR Marker.ex4   12 KB | 313 downloads
File Type: ex4 xADR.ex4   6 KB | 328 downloads
File Type: ex4 Xi-VLines v1.02.ex4   13 KB | 368 downloads
File Type: mq4 Sonic_4 Access Panel (White).mq4   167 KB | 324 downloads
File Type: mq4 #1 Trade Levels (Black).mq4   58 KB | 330 downloads
  • #20
  • Aug 7, 2016 10:07am Aug 7, 2016 10:07am
Quoting stevepatt
{quote} Here are the Indicators {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
The remaining indicators
Attached File(s)
File Type: mq4 Grid_v1_0.mq4   6 KB | 358 downloads
File Type: ex4 Daily LinesBoxes(1).ex4   42 KB | 302 downloads
File Type: ex4 AllAverages_v2.1 cc.ex4   145 KB | 306 downloads
File Type: mq4 TRO_Multi_Meter_CandleColor.mq4   16 KB | 343 downloads
File Type: mq4 TRO_RANGE_GAUGE.mq4   24 KB | 328 downloads
File Type: mq4 SweetSpotsGOLD_TRO_MODIFIED_VERSION.mq4   6 KB | 317 downloads
File Type: ex4 P4L CandleTime.ex4   9 KB | 285 downloads
File Type: zip _Defalt Chart2.zip   122 KB | 350 downloads
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