these are the 2 shorts i detected this morning, first one rejection m5 fvg inside a h1 fvg with the nova entry signals, second one rejection m5 fvg after nova diverged price and gave the entry on the pb towards the ob
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Disliked{quote} Yes if swing trading then you can use the HTF imbalances but then as I love trading M1 I would be looking for imbalances and reversals inside of the HTF imbalances. My issue at the beginning was that I never knew where price was going to truly turn or why price would manipulate. This is why I keep mentioning session highs and lows, previous day week and even months too. If we have a BIG move all of a sudden then I'll mark out the M1 and M5's. If we're inside an H1 or higher imbalance too then it's higher probability. I know that I said you...Ignored
Disliked{image} these are the 2 shorts i detected this morning, first one rejection m5 fvg inside a h1 fvg with the nova entry signals, second one rejection m5 fvg after nova diverged price and gave the entry on the pb towards the obIgnored
DislikedHow long do you keep the imbalances active? Till they get touched one time or when the price moved far away already?Ignored
DislikedGreat demonstartion of imbalance working, but just an observation Nova at the time, would have kept me out of the trade.Ignored
DislikedThis is literally how you can take between 5 & 18R out of that tap into the imbalance IF price stays above and heads back to the high of day {image} You'd be up 7R+ already if you did so losing would never be an option. TP, partial best case or BE at the absolute worst. {image}Ignored
Disliked{quote} Yeah it's true which is why for people wanting something solid I would recommend just targetting 2R using Nova. It simply works. If you are more advanced ..... idk.Ignored
DislikedLooking at this 5 min imbalance lining up with fibs to get a good trade setup.. any thoughts guys? {image}Ignored
Using these and seeing a reaction with structure break can then create the idea of seeing higher/lower prices and then you can start looking at the imbalances once structure confirms.