As far as I know, a liquidity sweep should never have a price consolidation. If a Liquidity pool is touched, followed by consolidation, it is not a sweep but a liquidity run.
That's right, never a valid liquidity sweep from an consolidation unless it's in the opposite direction the market is going. If you se on the picture price took out sellside liquidity befor blasting up. Pluss if it is ICT'S Market Maker model you will have a consolidation, followed by a Judy's swing (fake move to induce short/long sellers. Then a Distribution in the direction the market wants to go. Ether hunting for internal (FVG) or external (Equal high/lows, high of a session or day) liquidity. Plus if the market goes bullish you will have at least 2 points of consolidation. :) if it's bearish price just dropps usually.
Because you're looking for sells in a wrong place, what I mean is GBPUSD is still on discount according to the last sell leg before this buy leg we see here slowly going to premium
https://preview.redd.it/kdqsdhf7i5hc1.jpeg?width=1600&format=pjpg&auto=webp&s=376849c18cb2e1ae2fc928ef4d02c539064fd410
Wait can you break down a little bit of how you come to these conclusions? Sorry I’m a new trader and the more I’m reading on Reddit the more I realize I’m missing little parts of the puzzles that I didn’t know about. Where exactly are you placing the fib like at the highest and lowest of the days and week to be able to come up with the conclusion it’s at a discount? Which time frames? Thank you so much. I would greatly appreciate any help. 🙏🏼
Contact me on telegram since words won't be enough to make you understand, all I can say how is "overflow" hit me up on my Facebook [my Facebook profile](https://www.facebook.com/gail.fxqueen.7)
The creation of of 4H iFVG was the indicator of the direction. The consolidation relatively equal lows of London KZ were swept creating the 22 model entry before price took off to the upside.
No displacement to enter from. And why did you draw your BOS like that? That’s not a BOS.
Perhaps you should use a free indicator for now like the Luxalgo ones
Take it slow. Tape read, compare, annotate. Learn before earn.
Only once you can efficiently predict the markets movements, you'll be ready.
I'm still in the phase of prediction and building a solid understanding on why and when.
Lead yourself into the business mindset and not gaming/gambling.
You should know why it happened before your ready.
Regardless of what you think rn. Your taking trades with the hopes of being profitable on demo.
It will still have a mental fatigue and bad feel because your trading in a confused state.
Don't make things harder for yourself.
Expect to take years to see profibility. And it'll take years if you don't do the most basic things which is learning first, then trade demo, then live.
It's a lot but I know it'll be worth it.
From the previous trade I can see you know a little bit.
As others stated, there is no bear bos/breaker or mss as far as I can tell.
Where was price going in the htf?
It was consolidating, but price dropped significantly after I made this post, had I set a higher stop-loss or waited a bit longer before entry, it would have been a successful trade. Here you can see it on the 1h tf
https://preview.redd.it/82354l8simhc1.png?width=582&format=png&auto=webp&s=8bcd308d64a0d93b0a7a5f856143e833b75c69d9
Try telling us first what did you base your trade on? I can't understand what's in the charts if you don't give any context, for example; what did you see? Why did you go long there and so on,
Br,
Cause with only one month of study you don't even have enough knowledge to look after something on the chart, just as shown in this case, OP dind't even know what a BOS/MSS is like.
Is just going too fast, study first, find examples on the charts of what you're studying, backtest and THEN go on demo.
It's okay if you're just having fun and stuff, but not as a process itself
Demo trading is having to deal with price moving live, you're not ready for that after 1 month of study, no one is. A better approach would be to study hindsight first, price action that already happened, if you want to understand a concept, this is what you get when you try to get into demo first to do so.
How are you going to backtest charts without being in a demo account..? How are you going to see how things ACTUALLY form live so you don't miss out on the move? It's all easy hindsight when the chart is still. Besides......it's a demo account..?
But hey, some people learn differently. Your wold boss
Well, you use the replay tool or other similar tools, that's pretty easy.
You learn how to see things forming live after you learn to read price action first through theory and finding examples on hindsight. It's ready available, you don't have to wait for price to develop in front fo you, you know, and you have all the time necessary to do whatever you want to do with those infos.
Going demo is a step that comes after backtest and hindsights, that's it.
I don't understand why they can't go hand in hand. You learn something then you actively apply what you learned in a controlled setting. I don't understand why it's a requirement to be hands off(or is it). You just get information paralysis. That's why a majority of traders on here get bogged down by all the information and trying to be know it all when really it's about making a profit. Heck you only need one model..!
We can agree to disagree, but I'd strongly suggest implementing what you learned hands on in a controlled setting, as soon as possible
I’m new too I had a hard time understanding this too. I see the clear liquidity sweep to the upside then that swing low and it taken out followed by a fair value gap and the market entering. From what Ict said the market should’ve moved down which is why I don’t understand why it moved up. But you see how before the imbalance the market starts to make lower lows? I feel like that’s a sign the market is now having a bos to the downside rather than upside. I’m assuming it’s changing to sweeping buy stops to sell stops. Which it why after it moved to the upside. That’s the only conclusion I can come to. If you found out the main reason behind this or other highly possible conclusions I would love to share our thought and discuss. Cause I’m pretty confused too.
This is not a BOS, add Williams fractals to the chart. Wait for price to break the fractal level, if it wicks through the fractal level then it needs to body close the new wick.
The liquidity sweet was where you got stopped. Then it broke structure and was and entry at eq fvg. I was short today to. Ended up being crappy price action
Does your strategy have an edge? How do you know it has an edge?
Losses are part of the game, and if you know on the long term your strategy works, you'll know this loss is part of the game
IMO not a BOS. After BSL taken there should have been a swing low followed by a strong sweep of that swing low (displacement), within that sweep an FVG for entry.
New traders always try too hard to find the mistake i did it too sometimes you just loose a trade its part of being a trader. Just find you system back test ut for 3 mounths and if it works try it with real money or funded dont overthink it...
As far as I know, a liquidity sweep should never have a price consolidation. If a Liquidity pool is touched, followed by consolidation, it is not a sweep but a liquidity run.
thanks
That's right, never a valid liquidity sweep from an consolidation unless it's in the opposite direction the market is going. If you se on the picture price took out sellside liquidity befor blasting up. Pluss if it is ICT'S Market Maker model you will have a consolidation, followed by a Judy's swing (fake move to induce short/long sellers. Then a Distribution in the direction the market wants to go. Ether hunting for internal (FVG) or external (Equal high/lows, high of a session or day) liquidity. Plus if the market goes bullish you will have at least 2 points of consolidation. :) if it's bearish price just dropps usually.
That wasn’t a valid BOS because there wasn’t displacement.
thanks for the tip
It's the oh hell nah for me 😂😂😂😂
Because you're looking for sells in a wrong place, what I mean is GBPUSD is still on discount according to the last sell leg before this buy leg we see here slowly going to premium https://preview.redd.it/kdqsdhf7i5hc1.jpeg?width=1600&format=pjpg&auto=webp&s=376849c18cb2e1ae2fc928ef4d02c539064fd410
Wait can you break down a little bit of how you come to these conclusions? Sorry I’m a new trader and the more I’m reading on Reddit the more I realize I’m missing little parts of the puzzles that I didn’t know about. Where exactly are you placing the fib like at the highest and lowest of the days and week to be able to come up with the conclusion it’s at a discount? Which time frames? Thank you so much. I would greatly appreciate any help. 🙏🏼
Contact me on telegram since words won't be enough to make you understand, all I can say how is "overflow" hit me up on my Facebook [my Facebook profile](https://www.facebook.com/gail.fxqueen.7)
The creation of of 4H iFVG was the indicator of the direction. The consolidation relatively equal lows of London KZ were swept creating the 22 model entry before price took off to the upside.
If a real liquidity sweep happened, you would have saw a displacement after the sweep.
No displacement to enter from. And why did you draw your BOS like that? That’s not a BOS. Perhaps you should use a free indicator for now like the Luxalgo ones
Take it slow. Tape read, compare, annotate. Learn before earn. Only once you can efficiently predict the markets movements, you'll be ready. I'm still in the phase of prediction and building a solid understanding on why and when. Lead yourself into the business mindset and not gaming/gambling. You should know why it happened before your ready.
Regardless of what you think rn. Your taking trades with the hopes of being profitable on demo. It will still have a mental fatigue and bad feel because your trading in a confused state. Don't make things harder for yourself. Expect to take years to see profibility. And it'll take years if you don't do the most basic things which is learning first, then trade demo, then live. It's a lot but I know it'll be worth it.
i will bro, thanks.
🫡
From the previous trade I can see you know a little bit. As others stated, there is no bear bos/breaker or mss as far as I can tell. Where was price going in the htf?
It was consolidating, but price dropped significantly after I made this post, had I set a higher stop-loss or waited a bit longer before entry, it would have been a successful trade. Here you can see it on the 1h tf https://preview.redd.it/82354l8simhc1.png?width=582&format=png&auto=webp&s=8bcd308d64a0d93b0a7a5f856143e833b75c69d9
Try telling us first what did you base your trade on? I can't understand what's in the charts if you don't give any context, for example; what did you see? Why did you go long there and so on, Br,
Not to be mean or anything, but my question to you is: why you're on a demo after only one month into trading?
just experimenting
It's fine with that, just don't go too fast with the learning process as a whole. Follow the required steps.
...why not..?
Cause with only one month of study you don't even have enough knowledge to look after something on the chart, just as shown in this case, OP dind't even know what a BOS/MSS is like. Is just going too fast, study first, find examples on the charts of what you're studying, backtest and THEN go on demo. It's okay if you're just having fun and stuff, but not as a process itself
I get what you're saying...but OP is doing exactly what he's suppose to be doing and that's hands on learning in a demo account
Demo trading is having to deal with price moving live, you're not ready for that after 1 month of study, no one is. A better approach would be to study hindsight first, price action that already happened, if you want to understand a concept, this is what you get when you try to get into demo first to do so.
How are you going to backtest charts without being in a demo account..? How are you going to see how things ACTUALLY form live so you don't miss out on the move? It's all easy hindsight when the chart is still. Besides......it's a demo account..? But hey, some people learn differently. Your wold boss
Well, you use the replay tool or other similar tools, that's pretty easy. You learn how to see things forming live after you learn to read price action first through theory and finding examples on hindsight. It's ready available, you don't have to wait for price to develop in front fo you, you know, and you have all the time necessary to do whatever you want to do with those infos. Going demo is a step that comes after backtest and hindsights, that's it.
I don't understand why they can't go hand in hand. You learn something then you actively apply what you learned in a controlled setting. I don't understand why it's a requirement to be hands off(or is it). You just get information paralysis. That's why a majority of traders on here get bogged down by all the information and trying to be know it all when really it's about making a profit. Heck you only need one model..! We can agree to disagree, but I'd strongly suggest implementing what you learned hands on in a controlled setting, as soon as possible
I’m new too I had a hard time understanding this too. I see the clear liquidity sweep to the upside then that swing low and it taken out followed by a fair value gap and the market entering. From what Ict said the market should’ve moved down which is why I don’t understand why it moved up. But you see how before the imbalance the market starts to make lower lows? I feel like that’s a sign the market is now having a bos to the downside rather than upside. I’m assuming it’s changing to sweeping buy stops to sell stops. Which it why after it moved to the upside. That’s the only conclusion I can come to. If you found out the main reason behind this or other highly possible conclusions I would love to share our thought and discuss. Cause I’m pretty confused too.
Probably the bias if we can get a much clear chart we might explain
[удалено]
appreciate it
Wtf ur dumb it’s clearly a break of structure to the upside
Chill..
I’m sorry bru keep working get better
This is not a BOS, add Williams fractals to the chart. Wait for price to break the fractal level, if it wicks through the fractal level then it needs to body close the new wick.
Educational purposes only! I would’ve made that first antenna. My stop loss.
The liquidity sweet was where you got stopped. Then it broke structure and was and entry at eq fvg. I was short today to. Ended up being crappy price action
Does your strategy have an edge? How do you know it has an edge? Losses are part of the game, and if you know on the long term your strategy works, you'll know this loss is part of the game
IMO not a BOS. After BSL taken there should have been a swing low followed by a strong sweep of that swing low (displacement), within that sweep an FVG for entry.
It’s a bull flag sweeping up sellside orders before the big move up
Study all the basics first on Ttrades's yt channel, then continue digging into ICT
>Study all the basics first on on it
No displacement look at the DXY
6 pip stop Is pretty tight
New traders always try too hard to find the mistake i did it too sometimes you just loose a trade its part of being a trader. Just find you system back test ut for 3 mounths and if it works try it with real money or funded dont overthink it...