Thanks Peter for the additional info and links. Much appreciated.

The brutal truth of day trading

[quote=RickM;13531940] It makes sense. Thanks.

The brutal truth of day trading

I have been chewing what you said. Does this mean when they make that move they are dribbling traders and sending them to the wrong side? Or they just matching the order that is in front of them (as according to Buffett's quote below)? What else is ...

The brutal truth of day trading

Yes. From the Knowledge Channel.

1M Price Action System

Try a top-bottom analysis from the HTFs. Understand what is going on in the Monthly, Weekly, Daily and H4 charts first. From these charts you can see that any move up will be a very huge risk as you will be entering against the trend. Bilal's 10 ...

1M Price Action System

Yes. The divergence was incorrectly marked.

1M Price Action System

If you look at the image where it stopped there was some mismatch. It will be interesting to see what RickM finds on his side. Edit: Perhaps mitigating?

The brutal truth of day trading

Why must it drop to that level or below?

The brutal truth of day trading

I'm already holding a Sell from the BOS prior to LL.

1M Price Action System

You can say it is an engulfing bar but the difference is that its High is above the Inside Bar's High and its Low is below the Inside Bar's Low.

1M Price Action System

A Mother Bar, Inside Bar and the Inside Bar of an Outside Bar tend to make good Order Blocks. "The inside bar represents a period of short-term consolidation with low volatility within a trending market".

1M Price Action System

Now you are picking up on what I said it could confuse you. Keep on practicing and you will see more to structure. Try to identify setups where the move or wave that breaks the structure is impulsive (normally from 45 to 90 degrees angle - no need ...

1M Price Action System

The Banana market . That's what BWilliam would call it. The price didn't move.

1M Price Action System

Please study the Vertex PDF material that Bilal shared in the thread ( url ).

1M Price Action System

Perhaps I didn't put my question clear... In terms of the following - which type of structure break do you use?:

1M Price Action System

Do you use the High/Low or Close to confirm the BOS?

1M Price Action System

I can understand and it will confuse you. However it is not advanced. Rather stick to what Bilal and Steve are posting.

1M Price Action System

GU - M5

1M Price Action System

Just to add to what you already covered he must also observe the moves or waves - some are impulsive (flowing) and some are corrective (hesitant).

1M Price Action System

It's been an interesting Tuesday. High and Low of the week so far still belongs to Monday.

1M Price Action System