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- scherzi replied Jul 8, 2021
But anyways, it is worthless just to focus on details. Charts should be studied as a whole. That is why I say that @niosk0 approach is more than enough because it comprises a complete setup. If you want to study order-blocks, you will have to spend ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
I forgot to say. Time is as important as price is. Hence, OB without proper time analysis may not define a high probability setup.
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
Just study ICT if you want to learn more. It is free on Youtube.
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
More like this
, basically same as you do. image The final retracement, is much more deeper than OTE. I think that OTE has some geometrical similarities to flag trading style. Now EU is @H1 OTE, but I think it is too soon to sell in any ...Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
I took GU too today. EU was better in fact but I felt more comfortable with the structure offered by GU today. I always look at both at the same time and then decide in the last minute which one to take, either EU or GU.
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
The volume generally is/was inside the body. I hope this makes more sense. Therefore, most of the negotiation takes place inside it as a general rule of thumb. Therefore we may expect bodies to act as contrarian structures more ofthen than wicks, ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
Adding fibos... We only guess, what if... image So finally, this range expansion collapses the typical ICT OTE setup. image And this would be a reasonable level to close and exit the trade or just close 90% of it and start trailing. image .
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
np, I have just being tracking the thread for a while, and I appreciate your task.
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
DAX 15-tick chart (~20 seconds chart). image I just wanted to share a few examples. However, and as a conclusion, ICT order-block study requires a lot of years to be understood. I have been posting these messages sequentially in real-time on the 1 ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
It can go up. But what if it fails (again) to hold prices above and releases an accumulation program right now? image See the OB working. image Would your risk this? image This is not a technical analysis problem, but a decision-making system. ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
So, reached the liquidity pool, you have your retracement and the end of the subcycle in progress. The hedging program starts and the expansion can continue if required. Notice that most of the time order-blocks exist at both sides of the market, ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
Sure? image image Even on the 1-min TF. image Also, liquidity areas do not require being completely filled along the whole range, no matter if you try to find order-blocks or anything else.
Market Structure Only- keep your charts clean
- scherzi replied Jul 8, 2021
Just another example from today's M5 GU chart. image [edited] I leave this here for the records. It is important to take a sound decision about how to exit before entering. You would not have exited at the recommended area, now you would be ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 7, 2021
Didn't you say "below 50%"? Yes, indeed.
Market Structure Only- keep your charts clean
- scherzi replied Jul 7, 2021
And then, after the setup that is the higher timeframe context, you find your lower timeframe replica.
Market Structure Only- keep your charts clean
- scherzi replied Jul 7, 2021
Exchanges basically move prices to non-recently traded areas (aka breakouts) to take orders from there and allocate these orders somewhere else. For instace, after a breakout to the upside, it should be expected a reallocation to the downside so ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 7, 2021
It is a myth that prices are "supported" by something. The wicks just imply that most of the trading took place at another level that, at a certain moment, run out of orders and that caused a momentary shift in prices (the wick) that were finally ...
Market Structure Only- keep your charts clean
- scherzi replied Jul 6, 2021
And a few more using the D1 tf. image
Market Structure Only- keep your charts clean
- scherzi replied Jul 6, 2021
On your picture, there is no market structure above, because prices come from below. Therefore, the market structure, where you have the highs, on your picture, can only be broken to the downside. A move above would be a continuation instead, not a ...
Market Structure Only- keep your charts clean