More from @SirPickle_

Sir Pickle

@SirPickle_

Jan 15

𝗬𝗼𝘂 𝗡𝗘𝗘𝗗 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗕𝗿𝗲𝗮𝗸𝗮𝘄𝗮𝘆 𝗚𝗮𝗽𝘀

The FVGs that stays open

After reading this thread, you’ll know exactly how to spot and capitalize on them 💰

A thread🧵

The key to understanding Breakaway Gaps (BAGs) are first knowing what are Fair value gaps (FVGs).

FVGs are 3 candle patterns where the wick of the first and third candle dont overlap.

𝗛𝗼𝘄 𝘁𝗼 𝘀𝗽𝗼𝘁 𝗮 𝗕𝗿𝗲𝗮𝗸𝗮𝘄𝗮𝘆 𝗚𝗮𝗽 (𝗕𝗔𝗚)

A BAG is a type of fair value gap that we expect to remain open.

It is formed when the third candle of the FVG expands and closes above the second candle leaving the gap unfilled.

It is a sign that price is reaching for something, and is in a HURRY to get there

Read 10 tweets

Sir Pickle

@SirPickle_

Jan 6

Master the Most Powerful PD Array: Fair Value Gaps

By the end of this thread, you’ll unlock a deep understanding of how to use FVGs to level up your trading.

Let’s dive in 🧵

A fair value gap is simply the gap between 3 candles.

It signals DISPLACEMENT (an aggressive movement in price)

Displacement = Fair Value Gaps.

These displacements show us the INTENTION of price giving us the next likely direction it will trade in.

FVGs can be found on ay timeframes.

Combine it with ORDERFLOW and a proper understanding of timeframes and you will 10x your winrate.

There are two classification of Fair Value Gaps✌️

🟢A BISI or Buyside Imbalance, Sellside Inefficiency.
🔴A SIBI or Sellside Imbalance, Buyside Inefficiency.

Both shows one-sided delivery signaling price’s intention to move higher or lower.

Read 10 tweets

Sir Pickle

@SirPickle_

Dec 26, 2024

Timeframes Are Everything⏰

Here’s how I use Timeframe Alignments with the help of my new indicator to hunt the HIGHEST probability setups🏹

A thread🧵

First, let’s understand timeframe alignments🧐

Timeframe alignment is key to identifying high-probability trades.

If you’ve been following me, you know that I start with the highest timeframe (Monthly) and begin looking for context there.

And since the BTC trade was a swing trade,

The entire idea is:
🟢Weekly FVG acting as a DOL
🟢Daily FVG as the Context
🟢1H Impulse shift as my entry

If you want to know more about impulse shifts, here’s the video I created for it:

Read 8 tweets

Sir Pickle

@SirPickle_

Dec 18, 2024

Trading is hard, but I made it 10x harder with these mistakes.

Here are the 5 worst trading mistakes I made—and the lessons that turned my game around.

A Thread.🧵

Mistake #1: Over leveraging

Early on, I thought bigger size = bigger wins.

Spoiler: it doesn't.

One bad trade wiped out weeks of progress.

Risking 5-10% per trade made me emotional and reckless.

Stick to 1-2% risk per trade. Staying small kept me in the game.

Focus on compounding capital to be able to take small risk and make big $.

NOT big risk to make big $.

Mistake #2: Ignoring the higher timeframes

I lived on the 1-minute chart, trying to "outsmart" the market.

I ignored trends, liquidity, and context.

Chasing random moves = death by 1000 cuts.

So start with higher timeframes for context. Intraday trades only work when they align with the bigger picture.

Read 9 tweets

Sir Pickle

@SirPickle_

Dec 12, 2024

Avoid these 3 COMMON trading pitfalls⚠️

After reading this thread, you’ll know why your trades keep failing.

A Thread🧵

Mistake #1: NOT understanding market context. 🙅‍♂️

This often happens to traders who forget to zoom out, trading against the higher timeframe trend without realizing it.

The HTF always rules. It is the stronger magnet for price.

Ex: If there is a HTF FVG below price, all LTF discount arrays above it are lower probability and expected to fail as price will seek the HTF imbalance.

Remember that the higher the timeframe, the stronger the PD array. 🧠

So before entering a trade just because you see a fair value gap in your entry timeframe, look at the timeframes above first.

Here’s an example of failed trade due to a HTF PD array:

Read 11 tweets