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Sir Pickle

@SirPickle_

Oct 29

The Simplest Way Of Looking At Candlesticks: OHLC/OLHC

This was a game-changer in my understanding of price movement!

After reading this, you'll see just how powerful the OHLC/OLHC concept really is in anticipating moves before they happen.

A Thread🧵

First, let’s define them properly.

As you can see, OLHC stands for Open, Low, High, and Close which is the movement of a bullish candle.

The understanding of power of 3 can be applied here.

If we are expecting the next candle to be bullish, it will almost always form like this:

Price accumulates in the open, then manipulates below opening price, and then distributes higher, and finally closes.

Next, we have the OHLC which stands for Open, High, Low, and Close which is the movement of a bearish candle.

The understanding of power of 3 can also be applied here.

If we are expecting the next candle to be bearish, it will almost always form like this:

Price accumulates in the open, then manipulates above opening price, and then distributes lower, and finally closes.

Read 9 tweets

Sir Pickle

@SirPickle_

Oct 21

Unlock the secret to reading market strength like a pro:

Here’s how I use Smart Money Technique (SMT) to track relative strength between correlated assets—and nail the highest-probability setups before they unfold.

Let’s dive into the power of SMT.

A Thread 🧵

Remember what I taught you in my Unicorn video.

Price only reverses in two ways: Breaker swings and Failure swings.

This also applies in SMT, where we measure the pair’s strength, whether it is strong enough to take the liquidity or fail to do so.

We can then determine which pair to trade, depending on the market context.

SMTs happen at HTF key levels such as:

-Swing Highs/Lows
-FVGs
-Previous Candle Highs/Lows

Using these key levels, we can then measure if one pair is stronger than the other.

Read 9 tweets

Sir Pickle

@SirPickle_

Oct 14

Your FVGs Keep Failing. Here’s Why:

You’re trading at the wrong times. Killzones hold the secret to making your strategy click. Here’s how to use them properly.

A Thread 🧵👇

First, let’s define what a killzone is.

Killzone are specific periods during the trading day where volatility is typically higher.

Volatility brings energy, which brings displacement into the market creating high probability FVGs

This will always be ideal for scalpers and intraday traders.

Why does a “killzone” work?

They work because they are aligned with market opens and red folder news releases.

The market is at its most liquid at these times

This brings in the volatility needed for the price to seek liquidity or rebalance an imbalance in a quick and efficient manner.

Personally, I focus on the New York session, which is 8:00 AM to 12:00PM EST.

You can also use:
2:00 AM - 5:00 AM for London session
8:00 PM - 12:00 AM for Asian session.

Read 11 tweets

Sir Pickle

@SirPickle_

Oct 5

Have you ever wondered how a candlestick forms and how it can help you determine direction?

Let’s talk about “Power of 3 (PO3)”: the logic behind candlestick creation.

A thread🧵

A candlestick has four parts.

The opening price, the high of the candle, the low of the candle, and the close of the candle.

On a bullish candle, it will always be Open, Low, High, Close.

On a bearish candle, it will always be Open, High, Low, Close.

Q: Okay? But how does that help my trading?

First, you must understand that the open, high, low, and close has different characteristics.

The open typically consolidates, leading us to a part of AMD: accumulation.

In accumulation, price tends to be stuck in a range with no FVG holding.

Since my system relies on trends, I avoid this kind of price action and consider it low-probability.

Read 10 tweets

Sir Pickle

@SirPickle_

Sep 28

The Most POWERFUL Trading Entry: The Unicorn Model🦄

This is a complete breakdown of what I look for DAILY in the futures market.

A thread🧵

First, we must understand that price only reverses in two ways.📉

Breaker swings and Failure swings.

What’s the difference?

A breaker swing takes liquidity before the reversal.

On the other hand, a failure swing fails to take the liquidity.

With that understanding, let’s focus on breaker swings.🔎

Specifically, the breaker.

The breaker is the most important part of the unicorn model.

For bullish breakers, we mark out the highest up-closed candle before a liquidity sweep.

For bearish breakers, we mark out the lowest down-closed candle before a liquidity sweep.

Read 12 tweets

Sir Pickle

@SirPickle_

Sep 21

Everyone says that you should “trade with the trend”📈

But how can you trade with the trend? Simple.

You need to become a Higher Timeframe Analysis Expert.

A thread🧵

First, what does a higher timeframe (HTF) analysis expert do?🤔

They scan the monthly, weekly, and daily for context aligned with HTF order flow.

In my Swing system, if I don’t see the context on those three timeframes, I move to another pair.

This filters out the low-probability movements that can occur for several pairs.

The common problem I see with other traders, is they go straight to the 1m timeframe when opening their charts.😬

Essentially, blindsiding themselves by not looking at the bigger picture.

I’ve done that, you’ve done that, all new traders do that.

So here’s your reminder: STOP rushing to the 1-minute timeframe. Take a moment to analyze higher timeframes first!

Read 9 tweets

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