Support will be V formation………. Resistance will be A formation
If a support breaks… it turns into a resistance… SVR
If a resistance breaks… it turns into a support
These areas can be used as POIs
Use the line chart because it only prints the closing price of candles
Daily, Weekly, Monthly have the strongest levels
When Support or resistance is broken
it becomes the other and price taps into the new area
Minute 8
Minute 9:15
Min 14
HTF Order Block is lower timeframe Breaker Block
We can only use the order block once…. If price taps in, we cannot use it again
Color of the candles does not matter
Line chart shows spike where the OB occurred as it only brings the closing price
If refining the levels on lower timeframes, ensure only moving 2-5 pips max
Minute 20
When we drop to H1, we see the last bearish candle before the up move is the Breaker Block
On a line chart we can see… this is where the push up began before the push down
Then where does price come in to….
You cannot use every single A or V as Points of Interest however – it MUST have liquidity below it or above it
When a market is Bearish we are ONLY going to mark out Resistance… we are not going to mark out Support
Once understanding how the market moves… entries become super simple
On EU for News Example… on 1 hr we have a swing low, then on 4hr right below we have rejection
Min 23 – Where did news tap into…. Right into that rejection block and gave a 1:20 with a. 5 pip SL
Min 23 – What’s the most major Break of Structure we have here – Shows Bearish Market
The only reason for the market to go up in a Bear market is for a pullback/retracement to collect liquidity sitting above
We know the retracement is over? The counter trend has to do the same thing as the Major Trend (Major BOS)
When a LTF Strong high is created, we always go into the HTF to check what our POI is
In this case… our 4hr showed a Rejection Block
Use Strong High as our POI, then ensure theres liquidity below, and take a sell covering the high (3-5pip SL)… 32R
Min 30 - Traps
Price taps into POI and then flies
To reduce SL have Stop loss below the rejection block (wick) and target the External range liquidity
In this case… this is a 17R
When you spot the Liquidity and Setup, you should then go to the HTF to check
Here we can see the 1hr has a POI, but when we go to the 4hr the POI is higher – Always go the HTF POI
Take your entry from the 4hr POI with your SL above the rejection block
London Setup – 1hr
The reason we trade London Open or London Killzone or NY Open is because these have the most chance of making the high or low of the day
When the market is bearish and u get in a sell trade above asia, you can expect it to be the high of the day for a longer sell trade
If there is news…. This changes completely
Trading Plan
Identify HTF trend with the latest Break of Structure (4HR or Daily)
Identify if Asia has been Ranging or Trending (1HR)
Identify if Asia has a strong High or Low (1HR)
8041707456492093639302-Malaysian-SNR.pdf

8041707456492093639302-Malaysian-SNR.pdf

  • 1.
    Support will beV formation………. Resistance will be A formation If a support breaks… it turns into a resistance… SVR If a resistance breaks… it turns into a support These areas can be used as POIs Use the line chart because it only prints the closing price of candles
  • 2.
    Daily, Weekly, Monthlyhave the strongest levels When Support or resistance is broken it becomes the other and price taps into the new area
  • 4.
  • 5.
  • 6.
  • 9.
    HTF Order Blockis lower timeframe Breaker Block We can only use the order block once…. If price taps in, we cannot use it again Color of the candles does not matter Line chart shows spike where the OB occurred as it only brings the closing price If refining the levels on lower timeframes, ensure only moving 2-5 pips max
  • 11.
    Minute 20 When wedrop to H1, we see the last bearish candle before the up move is the Breaker Block On a line chart we can see… this is where the push up began before the push down Then where does price come in to….
  • 13.
    You cannot useevery single A or V as Points of Interest however – it MUST have liquidity below it or above it When a market is Bearish we are ONLY going to mark out Resistance… we are not going to mark out Support Once understanding how the market moves… entries become super simple
  • 15.
    On EU forNews Example… on 1 hr we have a swing low, then on 4hr right below we have rejection
  • 16.
    Min 23 –Where did news tap into…. Right into that rejection block and gave a 1:20 with a. 5 pip SL
  • 17.
    Min 23 –What’s the most major Break of Structure we have here – Shows Bearish Market The only reason for the market to go up in a Bear market is for a pullback/retracement to collect liquidity sitting above We know the retracement is over? The counter trend has to do the same thing as the Major Trend (Major BOS)
  • 18.
    When a LTFStrong high is created, we always go into the HTF to check what our POI is In this case… our 4hr showed a Rejection Block Use Strong High as our POI, then ensure theres liquidity below, and take a sell covering the high (3-5pip SL)… 32R
  • 20.
    Min 30 -Traps
  • 24.
    Price taps intoPOI and then flies
  • 25.
    To reduce SLhave Stop loss below the rejection block (wick) and target the External range liquidity
  • 26.
    In this case…this is a 17R
  • 29.
    When you spotthe Liquidity and Setup, you should then go to the HTF to check Here we can see the 1hr has a POI, but when we go to the 4hr the POI is higher – Always go the HTF POI
  • 30.
    Take your entryfrom the 4hr POI with your SL above the rejection block
  • 32.
  • 41.
    The reason wetrade London Open or London Killzone or NY Open is because these have the most chance of making the high or low of the day When the market is bearish and u get in a sell trade above asia, you can expect it to be the high of the day for a longer sell trade If there is news…. This changes completely
  • 61.
    Trading Plan Identify HTFtrend with the latest Break of Structure (4HR or Daily) Identify if Asia has been Ranging or Trending (1HR) Identify if Asia has a strong High or Low (1HR)