I shorted GU this morning and I already took 50% partial profits. Target is around 1.3822. I will look for long opportunities after.

1M Price Action System

That's a great input. Thanks.

1M Price Action System

It's going to be an interesting week. Last month and week ended with an inside bar. On the Daily we have a possible Rejection Block and there is a bearish Order Block.

1M Price Action System

The following link to Damian Castilla's video can be useful at structure analysis, order flow analysis and understanding divergence without the oscillator (leading to break of structure)... video

1M Price Action System

Explained in pictures... Edit: My first Market Structure lessons were, some years ago, from Damian Castilla (aka Mr. Pip in FF - his thread and terminology used: url ). Check out one of his videos and his Youtube channel: video image

1M Price Action System

I was also on that Sell - TP hit exit. Like Steve I also entered late (I fell asleep for about an hour while waiting for the right time).

1M Price Action System

Yes, a mix of Wyckoff, bilal's method, ICT & George, and a little of Elliott Wave.

1M Price Action System

There are plenty of opportunities with the Cable. It can also attack your money. If you get it right you don't need to trade other pairs and you can stick with this one - it moves (very good for day-trading). Even more opportunities for scalping.

1M Price Action System

I think your entry should have been prior to that (see attachments) for a 30 pips scalp. Also try to understand consolidations (reversal ones and continuations - or accumulation, re-accumulation, distribution and re-distribution). If you are going ...

1M Price Action System

Yes. I can understand. I also had to exit prior to the current up move as I saw it was consolidating and creating divergence. I am more interested in downward moves at the moment. I could have entered in the present upward move for a possible 30+ ...

1M Price Action System

I'm holding. Not for scalping.

1M Price Action System

My point - the key is the BOS as you have shown in the thread. You can look at the OB in another angle - for example an engulfing candle shows that there could be an elephant in the pool (if it's not manipulation).

1M Price Action System

I am not talking about the Breaker Block. I'm talking about the Order Block. Just identify an Order Block on say H4 or H1 and after that zoom into the Order Block area by switching to the lower time frames. Have a look at the attached images and ...

1M Price Action System

ICT defines a Bullish Order Block as the Lowest Candle or Price Bar with a Down Close that has the most range between Open to Close and is near a “Support” level. I think he could have gone further and say it is the area where there is a Break of ...

1M Price Action System

The plan will depend on what trader you assume or choose to be (scalp, day, swing, etc) and I do not think he wanted to touch on that part as it is a personal choice. When it went North as he said it would he said it will open opportunities for a ...

Flying Dutchman

Price doesn't move in straight line. So 1.3640 is still possible. If I'm correct he didn't say when it will reach it.

Flying Dutchman

That is one of the problems I had with OB. I ended up dumping OB and rather using the Liquidity Gap (Liquidity Void and Fair Value Gap) and Swing Highs/Lows (Sell and Buy Stops). After all price is moving to the area where there is liquidity. Where ...

1M Price Action System

I use TradingView now and then but I prefer MT5 (as you can see some of my posts). I use MT5 for back-testing, analysis and trading. I only use MT4 when I want to use an indicator such as the one Bilal use for the alignment of the time-frames based ...

1M Price Action System

There are many MT4 indicators that calculates ADR and you can search on FF. I preferred to calculate it manually on Excel as some indicators might use the last 12 months, 3 years, 5 years, 10 years, etc. One of BTMM indicators ("!SM_NewHUD") is also ...

1M Price Action System

Someone said if you are really serious about this game remove the hobby part and treat it like a business (it can be a business that you run on part-time basis). I think it might be Crucial Point who said that. The way you have gone about it I think ...

Real or Algo