Here goes . Its based on a few concepts : wyckoff , SND .
Markets are fractal, meaning it is the same across all timeframes, and every market moves the same . They are all just snowflakes of each other .
Markets goes through 2 stages ,stage 1 and stage 2 ,
Stage 1 : An accumulation phase , which people tend to call the ranging or consolidation phase. and then it moves .
Stage 2 : The move, up or move down. Depending on the direction the market is moving in . which people call the trending phase .
The idea is to find a market that has an established a direction , just gets out of the stage 1 to the direction it is going to , and enter on a lower timeframe.
All these above is context .
Now , Go to the charts .
On the higher timeframe , Higher timeframe should be about 30 times the entry
so if youre entering on 1m , 30min can be the higher TF
Find a market that has established a direction. on a higher TF .
Example : EUR USD is going bullish ,
wait for a stage1 . On the end of the accumulation , the market will begin its move to the bullish direction .
Drop to the lower time frame . (By now you have a very strong bias sure where the market is goin)
Enter on demand / supply zone on the lower TF.
Aim 1:3 RR
Move SL to Breakeven at 1RR
Find a market that has established a direction. on a higher TF .
Example : EUR USD is going bullish ,
wait for a stage 1. On the end of the accumulation , the market will begin its move to the bullish direction .
submitted by /u/Plane_Sweet9812 to r/Daytrading
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