The most common entry models for me are FVGs, BRKs, OBs, BPRs. The entry comes after liquidity raids & market structure shifts when there is a clear draw on liquidity and narrative.
The least common entry models for me are market orders after MSS & Turtle Soups.
FVG/BRK/OB/BPR are all retracement entries for better Risk/Reward after market structure shift. When MSS happens the only time I enter on a market order is if the risk/reward is still good.
The 'fu' on my charts are Turtle Soups which are smart money reversals. For successful turtle soup entries you need a HTF PD Array / POI to back up the high/low liquidity raid. You're expecting price to sweep liquidity and reject the PD Array/POI for a reversal.
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Market Structure & Entry Models are worthless when there isn't a clear Draw on Liquidity & Narrative.
Draw on Liquidity & Narrative is the most important aspect in finding A+ trade setups.
This thread will help you with Narrative to find the Draw on Liquidity.🧵
🧡&🔁
What is Narrative?
Narrative is the story being told based on time & price from the candlesticks on the chart.
When there's enough data (time & price) from the charts it will tell you a story. When the story is clear it's your job to trade the narrative based on probabilities
Here are the different narratives that I use to help me find the next draw on liquidity:
There are two types of Balanced Price Ranges (BPR), Bullish & Bearish BPRs and they can occur on all timeframes. In this thread I will go over the two types, show examples, and will give context on how to use them for LTF & HTF.
For Fx I trade GU/EU & for Indices I trade ES so im watching these pairs along with DXY & NQ/YM as well for SMT Divergences and also EURGBP to find the stronger/weaker pair between GU/EU.
Separate the SMT Divergence between fx and indices.
For Fx: Look for the divergence to occur between pairs ( $GBPUSD/ $EURUSD) or between the pairs with $DXY.
For Indices: Look for the divergence to occur between pairs ( $ES/ $NQ/ $YM) or between the pairs with $DXY.
Definition of a Bullish Breaker Block:
🔸Bullish Breaker (+BRK): is a bullish range (up-close candle) in the most recent swing high prior to an old low being violated.
🔸In simple terms this is the break + retest once there's a bullish market structure shift.
The psychology behind the +BRK is that the sellers that sold the high and later see this same swing high violated, they will look to mitigate the loss. When price returns back to the swing high that was broken (mss) this is where you want to consider going long.
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