Step 1 - Look for Daily TF Discount PDA, wait and see if price reacts to it
Here we can see price bounced off from Daily Volume Imbalance in discount
Step 2 - AFTER 8:30am NY time, look for any 15m low to be taken out
We can see here a 15m low was taken out right at the 8:30 open
Step 3 - Once the low is taken out, use any entry model you like
We can see here that price comes back into a 5m OB which we will enter on
Step 4 - Draw your 50% from a 4H high to the low. Have your TP set at an hourly high in premium price, if none are found, then sell directly at the 50% level
Here we have marked our new premium and discount levels, now we have marked an hourly high in premium to sell at
Step 5 - Enjoy your 8R profits!
You only need to find 1 setup a week with this to be WILDLY profitable with this, don't try forcing other trades. You could literally outperform 98% of traders only taking 1 trade a month with this. Have patience!
Watch me taking a live trade of this example. Not paper account!
This is the broker I used in the live example. Offers funding with Trading View Integration. Can also use code "phantom" for 25% OFF! elitetraderfunding.com/?ref=phantom
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So before the 9:30 open, we see a liquidity grab on ES confirmed with SMT on NQ. A clean 2022 model is formed, we expect price to trade back into the 15m fvg ideally as a judas swing with the 9:30 open before a move higher.
Note how there is clean equal lows left right above the 15m FVG
How I Got Funded 6 Figures Without HTF Using These 3 Confluences
Explained Using Pics and Video⬇️
First Confluence is Time
We use the 9:30 open and find a judas swing (false move) that either runs liquidity or hits an entry for a previous liquidity run
Here on ES we can see at 9:30 price comes down and takes out SSL. Knowing what I just mentioned, this move is designed to fake our retail traders into shorting the market.