I’m going to be breaking down a (EURGBP) trade from start to finish in this thread.
Hopefully you can see, you are overthinking the fuck out the market.
(Big shoutout to @theMMXMtrader for simplifying the fuck out the markets for me)
Let’s start with the daily.
What do we see ??
External Range liquidity was taken.
We find the current range of the daily market & we clearly see we are in a discount of the market (under the 50% level)
If external range liquidity is taken. We now focus on internal range liquidity (that daily FVG)
Since time is fractal, We will now look a the hourly chart.
What do we see ?
We see a change of character to the upside (Which is shown by a dotted line with a lightbulb emoji 💡)
We now would wait for the hourly to come back into a discount, & tap into a PD ARRAY
What is that PD ARRAY ?
It’s called a REDELIVERED REBALANCED price range (RDRB on the charts)
What time frames do we look at from this point forward ?
The 5min or 15min time frames for execution.
What do we see on the 15min time frame ?
After tapping into that RDRB price range what do we wait for ?
The same shit you waited on for the hourly chart. A change in character & for price to come back into a discount array of the current range
We see a breaker + FVG in a
(continued) in a discount of the current 15 min range
A FVG + Breaker is just higher probability to your trade ! It’s called a unicorn actually :)
Now that all of price is aligned , what do we wait on next? TIME
TIME , TIME , TIME , TIME. Time is so fucking important
If you can’t wait for TIME + PRICE to come together, then just give up now. Because time + price means everything in the market.
Ok so we would want to be in a killzone for the entry then right ? Time + Price
Also what else do we see on this 15 min chart ??
A Market Maker Buy Model
(MMBM)
Price comes into our entry, but i did not enter this trade. Even with all the confirmations i gave you , i didn’t enter the trade at all.
Now why would I do that?
TIME ….
Time + Price. We were not in a killzone when it tapped into the particular PRICE.
What ended up happening ? Came all the way to the original consolidation of the MMBM as expected.
Now, did i overthink the market at all ? Or did i break it down pretty simple for you guys ? Let me know :)
@HiddenUlt Our eyes should automatically shift to the internal range liquidity (daily FVG) which is in a premium of the current range , that is our current draw on liquidity
@HiddenUlt knowing that , we wait on a 1HR shift in market structure , bc time is fractal , Daily > 1Hr > 5 min , i used the 15 min on this example but, Daily PD ARRAY , 1HR market structure , 5 min / 15 min executions.
@HiddenUlt once we tap into the daily fvg , the way we confirm the idea that it wants to go to the low or high next , is wait for a change of character on the 1Hr next , make sense ?
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