XLpips
Open in Telegram
Welcome to the best team whereyou get all updates on the Fx market, PropFirms, setups and signals for Free. #XLCHARTER
Show more1 247
Subscribers
-124 hours
-47 days
-3030 days
Posts Archive
1 247
WE are now back .
in our YouTube channel❤️❤️❤️
NEE VIDEO IS HERE
👇👇👇👇👇👇👇
https://youtu.be/sZUyZI0LX0U
1 247
We Humans are strange beings.
When market delivers efficiency everyone is happy . But when the market takes our money everyone complains.
But we shouldn't only focus and stick on losing days BUT also let's remember the winning days. Markets will out last you if you don’t count your blessings.
1 247
#GBPJPY . Expecting bullish momentum during London Close KIlzone. Previous day low TAKEN And now am expecting to see Impulsive Bullish Movements targeting the PDH
1 247
Once we have outlined a trading range and identified a potential high probability short scenario, that's when we want to shift to the Short-term perspective and look for confirmation.
The confirmation will lead to trade execution and will finally provide logic and reasoning behind why you pulled the trigger.
The Short-term Perspective Level
We use this timeframe for our entry pattern. Every entry pattern should have trade confirmation.
The Short-term Perspective is a scale below the Intermediate-term perspective because we want to see even more detail for our entry pattern and trade confirmations.
For example, you can use a 4-Hour Trading Range but a 15-Minute Entry Pattern to capitalize on a high R:R trade.
If we understand that prices are in a High Probability Short Condition, we want to see this manifest with our trading signals, such as a 15-Minute Turtle Soup or a 15-Minute shift in market structure.
From there, we determine the factors achieved from the Long-term and Intermediate-term Perspectives, assuring that we are not making a random trade.
Each chart now has a purpose.
The timeframes I have outlined in the example above can help you navigate a Weekly Candlestick.
You are finding a Higher Time Frame level with the Weekly, identifying Overbought/Oversold conditions with 4-Hour Ranges, and capitalizing on expansion with a 15-Minute entry pattern.
However, if we understand that the Weekly Candlestick operates no differently than a Daily Candlestick, then we can utilize a similar way to structure timeframes for the Daily Candlestick.
Instead of the Weekly Chart for a Long-term Perspective, we will use the Daily Chart.
Instead of the 4-Hour Chart for an Intermediate-term Perspective, we will use the 1-Hour Chart.
Instead of the 15-Minute Chart for a Short-term Perspective, we will use the 5-Minute Chart.
Each timeframe we have selected will help us find high probability trade setups when navigating the Daily Candlestick.
The 1 Minute Chart is no longer noise.
Now if we want to take it to the next level, we can study specific sessions.
Each session is also delivered similar to a Candlestick.
Therefore, for each Kill Zone, treat it similar to a candlestick with the Open, High, Low and Close.
Use the following time-frames to navigate each session.
Long-term Perspective: 1 Hour Chart
Intermediate-term Perspective: 15 Minute Chart
Short-term Perspective: 5,4,3,2,1 Minute Chart.
Now we can start navigating the "noise" retail traders claim, and start studying the beauty of the algorithm IPDA.
Advantages of studying 1 Minute Fractals
There are several benefits to understanding the fractal nature of price action, including:
1. Gain faster reference experiences
2. Learn from trading flaws within your strategy faster
3. Navigate lower time frames when higher time frames are choppy and challenging to read.
I challenge you to start reading the 1 minute chart more often.
After outlining the entire process above, I believe you will no longer be overwhelmed with the price action on the 1-Minute Chart.
Once you have found your trading model, you can scale it down to "session candlesticks" and gain reference experiences faster than ever.
Take this approach and start developing at a faster pace with the efforts you place on the 1-minute chart.
1 247
Embracing the Fractal Nature of Price Action.
One of the greatest epiphanies I've had in my trading career was finally understanding the fractal nature of price action.
Retail traders have their own definition of "fractals," which I have long forgotten about, as I have only retained the information my mentor The Inner Circle Trader has taught me.
However, what finally made me understand the fractal nature of price, was understanding how IPDA delivers candlesticks with "Time and Price elements."
Once you understand how candlesticks is delivered with Time & Price elements, only then can you start understanding the true fractal nature of price action.
You realize how a Daily Candlestick is no different from a Monthly or Weekly Candlestick since everything that causes Candlestick to form is Time and Price elements
From there, we can start to scale the candlestick higher or lower based on it's respective Time and Price elements.
For example, the Weekly Candlestick will use Time Theory in the form Day of week and the Economic Calendar for its manipulation.
Similarly, the Daily Candlestick will also utilize Time Theory in the form of Kill Zones and the Economic Calendar for its manipulation
Both candlestick utilizes "time elements" that fits their price delivery mechanism.
Also, both candlesticks will utilize "price elements" that fit their price delivery mechanism.
For example, the Weekly Candlestick will use "price elements" in the form of a Judas Swing at the Weekly Open to only reverse and trade back below the open and create a bearish Weekly Candlestick.
The Daily Candlestick will also be delivered in the same way, but instead of looking for a Judas Swing above the Weekly Open, you will be looking for a Judas Swing above the Daily Open.
Shortly after, the price will reverse due to the Judas Swing and trade back below the opening price, resulting in a bearish Daily Candlestick.
Know What You Are Looking For in Price Action
It's important to note that many traders view intra-day charts as just noise.
In my opinion, i believe this is due to them not being able to navigate the Lower Time Frames with a correct approach, or they are trading with retail logic.
If you are the individual who might struggle with navigating lower time frames, start by using only 3 timeframes to view the markets.
Long-term Perspective Time-frame
Intermediate-term Perspective Time-frame
Short-term Perspective Time-frame
The Long-term Perspective Level
The Long-term Perspective Level is where you are going to find your PD Arrays for a Smart Money Reversal.
We know that at these timeframes, a narrative in the market will take place, causing potential MMXMs.
When starting off, use the Weekly Chart as your Long-term Perspective Level.
You are then looking for a Weekly PD Array such as a Weekly Order Block or Weekly Liquidity Pool.
When these Weekly Levels become utilized, we can then anticipate a "large displacement" to unfold.
We want to navigate that displacement on the lower-time frames for more precise entries.
So, once a level we have outlined from the Weekly Chart has become "active," we then start studying Price Action on the Intermediate-term Perspective.
The Intermediate-term Perspective Level
As we shift to lower timeframes, we can see more details in price. Therefore, we can spot potential reversals faster than on the Weekly Chart.
For instance, the 4-Hour Chart shows more definition in Price Action compared to the Weekly Chart.
By understanding this, we can navigate the Order Flow generated from the Weekly Level and capitalize on precision on the 4-Hour Chart.
One way to navigate the Order Flow is to draw trading ranges. These trading ranges will allow you to see when prices are oversold or overbought.
Therefore, if we see prices heading lower, we can only sell short in overbought conditions on the 4-hour chart as we navigate the Order Flow generated from the Weekly Level.
Selling short in overbought conditions frames high probability short setups.
1 247
Repost from N/a
BUY , #XAUUSD Now
SL :- 1922.673
TP:- 1928.584
Risk what you can afford to loose. DON'T RISK ALL YOUR CAPITAL
