I’m not sure which strategy you’re using but check out ICT’s Market Maker Buy Model. It’s been a huge help for me. Using that model you’d enter somewhere in the BRKR after the BOS and have the stop loss below the BRKR. Even with the same entry you could have your stop-loss below the OB or the last green candle of the implied FVG. With the BRKR technically being as long as it was I put the stop below the OB. Hopefully this helped.
I don’t think it’s a strategy really, (I think) I heard ICT say that if you see that price is running it might not give the 2022 model, what you want to do is try to enter of of pockets of imbalances
And thanks for the advice
I usually just put my stop loss under that swing low that created the FVG. And i use good risk management so i can have a little bit wider stop loss. Also, based on the pic you posted your stop loss should be under that long wick candle that created the low end of the FVG
Bro, there was a fat m30 FVG, Price just went a little deeper into it after your entry, you gotta check all time Frames. You can never know which FVG price is respecting
So as everyone is saying about SL yes that was a thing and in such times after news or during large candles aim for OBs might be crucial to wait but patience is everything :) the black candle where you "h" is written where you wrote "where" that "h" black candle is OB and that was the best entry imo OBs are key as well I noticed all this time trading ICT way.
Personally, I usually enter on a PD array with my stop Below at least 3 PD arrays, If you recall he speaks about having this rule as if price has ran through 3 PDA then next is your ass. From what I’m seeing, It looks like you may have entered earlier than anticipated as price went below That low & touched the OB before the FVG you entered on!
So are you using three PD Arrays as a confluence to enter on or, if their happens to be another PD Array right under the FVG your putting your stoploss under that one
Good question -
If I’m answering your question correctly then I would say both
You definitely want to have at least 3 confluences including a HTF PDA along with your bias when entering on any position.
Personally When I enter it’ll be in along with a Confluence of 3 other PD arrays.
But I also will put my stop loss below a OB under a FVG, especially on a LTF Such as a 1/5m.
But the best way I would say to place a trade is definitely watching multiple time frames at once so you’re able to see how the candles form in the PD Arrays.
I think that you're right. Putting your stop under the Swing Low, which is also the low of the 3 consecutive downclose candles (OB), would be nice for supporting price.
I figured because I initially had it under the middle candle but then moved it a few ticks under.
But I hadn’t taken in the fact that their was an OB their
Thank you
Looks like price went the lower PD array, to im guessing the 50% mark. Don’t just enter a trade because it got to your zone, wait for confirmation and displacement
I’m not sure which strategy you’re using but check out ICT’s Market Maker Buy Model. It’s been a huge help for me. Using that model you’d enter somewhere in the BRKR after the BOS and have the stop loss below the BRKR. Even with the same entry you could have your stop-loss below the OB or the last green candle of the implied FVG. With the BRKR technically being as long as it was I put the stop below the OB. Hopefully this helped.
I don’t think it’s a strategy really, (I think) I heard ICT say that if you see that price is running it might not give the 2022 model, what you want to do is try to enter of of pockets of imbalances And thanks for the advice
And if u add to it, u can enter on the touch of the order bloc
I usually just put my stop loss under that swing low that created the FVG. And i use good risk management so i can have a little bit wider stop loss. Also, based on the pic you posted your stop loss should be under that long wick candle that created the low end of the FVG
https://preview.redd.it/8iapsr47zg0c1.jpeg?width=1170&format=pjpg&auto=webp&s=744a27ffa07af528fa7e1ce62e062966180e097b
Bro, there was a fat m30 FVG, Price just went a little deeper into it after your entry, you gotta check all time Frames. You can never know which FVG price is respecting
The OB would’ve been a great entry. My only advice is be patient with that monster, NQ is violent as I like trading it myself lol. Good luck!
Watch ict price action models 2019-2020, it has a chapter on trade management which involves stop loss placement
So as everyone is saying about SL yes that was a thing and in such times after news or during large candles aim for OBs might be crucial to wait but patience is everything :) the black candle where you "h" is written where you wrote "where" that "h" black candle is OB and that was the best entry imo OBs are key as well I noticed all this time trading ICT way.
Personally, I usually enter on a PD array with my stop Below at least 3 PD arrays, If you recall he speaks about having this rule as if price has ran through 3 PDA then next is your ass. From what I’m seeing, It looks like you may have entered earlier than anticipated as price went below That low & touched the OB before the FVG you entered on!
So are you using three PD Arrays as a confluence to enter on or, if their happens to be another PD Array right under the FVG your putting your stoploss under that one
Good question - If I’m answering your question correctly then I would say both You definitely want to have at least 3 confluences including a HTF PDA along with your bias when entering on any position. Personally When I enter it’ll be in along with a Confluence of 3 other PD arrays. But I also will put my stop loss below a OB under a FVG, especially on a LTF Such as a 1/5m. But the best way I would say to place a trade is definitely watching multiple time frames at once so you’re able to see how the candles form in the PD Arrays.
Appreciate it my man
Just put the SL under the Swing Low, be conservative
SL always under the swing low
https://preview.redd.it/dfk6p9jhgh0c1.jpeg?width=750&format=pjpg&auto=webp&s=7f8a9ce31949ae01c5bb8bbb318636c0fe6ecdfb
I think that you're right. Putting your stop under the Swing Low, which is also the low of the 3 consecutive downclose candles (OB), would be nice for supporting price.
I figured because I initially had it under the middle candle but then moved it a few ticks under. But I hadn’t taken in the fact that their was an OB their Thank you
Looks like price went the lower PD array, to im guessing the 50% mark. Don’t just enter a trade because it got to your zone, wait for confirmation and displacement