Transcription
You see, catching good trades isn't actually hard when you have a simple, repeatable mechanical process you can just follow day in and day out. You see, today following the six-stap model, we were able to say that this level here from this liquidity sweep is likely to give a beautiful reaction in which we can take a trade like this to make good money. So, how exactly did we do this? And it is great to see many other AMN traders being able to catch trades like this and pass their funded accounts. The mentorship, well, it's due to go live tomorrow, so it'll probably be already live by the time this video comes out. But if you do want to apply, the link is in the description below.
Let's get straight into this. So, I am a day trader. That means I don't need to go on crazy high time frames. The max I need to go on really is the hourly and even that is pushing it. But I like to start on my 15inut time frame. And what can I see from this 15inut time frame here? Is price pushing higher or is price pushing lower for the next couple 15minute candles? Is it smarter to go for longs or is it smarter to go for shorts?
Well, yesterday I was clearly bullish. As we can see, we had a high, right? Low, higher high, higher low, higher high. And as soon as we print this lower low here, what does that tells me? That tells me that price is actually looking to go bearish now as we've gone from making higher highs and higher lows to a lower low. It's super simple market structure. If price wants to go lower, let me see where we broke a low. Boom. We didn't quite take uh this low in terms of a candle close, but we did run this low here. And if we look at the high responsible for running this low here, it is this high here. So now automatically I have got a framework of a bias of I'm looking for shorts based on that structure. And if I'm looking for shorts, I don't want this high to be broken because now if we break this high or run this high and this is the current high responsible for giving me my lower low, it shows me that all the flow is bearish or sorry all the flow/structure is bullish and I don't want to buy. I don't want to sell in a bullish trend. So until then, I'm happy to look for shorts within these two levels. That is my external range done.
So now based on that, I just want to find an area in which I can short from below this high to then push price higher. And if I look at POIs, well, how do I find my POIs? Well, you know, my valid highs, I look for a swing high. So within this leg between here and here, the only swing high I have is actually this high up here. So that's the criteria. Now let me find the highest bullish candle. Highest bullish candle to the left is also this bullish candle. So I want to see price come and close below it. So this becomes my area of supply. We can call a valid high. This is a strong area. Yes, price may not uh tap into it before rejecting and may reject earlier, but this is my area I want to get involved in. This is my my edge when I come into these areas like this.
Now I can drop down to the lower time frame like the one minute and just refine this area here. So I look for the last structural point. I can say we had high low higher high. So my last structural point is this low to this high. So now my zone becomes from here to here. Do we have liquidity? Yes. Can you see we have a tap back into this zone that pushed price lower and it's still unmititigated less than 50% and we even have a little POI being this bearish fair value gap here. So now if we go back to our higher time frame, we can see that we said we are in a downtrend from this high to this low. We have a point of interest. This point of interest is valid because there is liquidity in it and it's still unmititigated. So now there's only two scenarios that can happen. We're going to continue to or three scenarios. We're going to continue to dump and we miss the move. We redraw our structure. We go again. Scenario two is we come into here. We can get a possible entry. Scenario three is we break above. I do not touch a button as long as we're in the same structure. If we get a new breaker structure, either a new low or a change of character, a new high, then I can redo it. Apart from then I stick to the game plan.
So let's play price out. And as we can see, we are currently uh pushing higher, but I need that liquidity to be swept. So I can't do anything until then. Boom. Swept. Now I can drop down on the lower time frame and look for some sort of confirmation. So because this was a big pullback on the one minute. I just went to something like the three minute just to get a bit of clear structure and not to uh you know not trying to catch the top of a move and get smoked. So on the 3 minute I saw this nice area of demand located here. That was pretty sweet. And then we'd get a change of state delivery as well. So I was looking for a close below here. for my confirmation that price wanted to continue lower on this 15 minute. And there you can see my one, two, three, four, five, six taps. Beautiful. Nice clean area. So I needed a close below this low we found as my confirmation. We stalled for ages. I was literally not touching anything. Just waiting. Just waiting. Boom. So here if I do it to the exact low, we can see we did not close yet. So I have to be patient. I don't want to enter shorts. we don't close because many times you'll see price will go up and you just lost money for no reason. So I do need that candle close. It is super important. Uh let's see if we get this close. Still no close. But I was seeing now okay we have this bearish value gap here. So if I'm looking for sells and we respect this and make a new low that helps confirm my bearish order flow. It gives me extra confirmation that if I'm putting money on price to go lower, we should respect bearish PDAs. This is a bearish PD area, bearish value gap. So, it helps give me that extra confidence. So, let's see if we can make a new low. Again, we still haven't closed below. So, just watching and we get that close below. Let's see. Yeah. Boom. Now, this is your sign that this play is valid. So now I'm not expecting price really to go above this area here. Okay, I can see we respected this zone 50% to the T respect to this fair value gap. All good confluence. So you can enter your short position, right? Give yourself a bit of breathing room really above this high and I like to go for the one to 1.5 R. Okay, I don't like to be greedy. Yes, I'm expecting price to take out this low, but if we want to tap into something and reverse, I've made my money, right? Don't need all the R warriors in the comments. Even with a 40% win rate, I'm not losing any money with a one to 1.5 R.
And as we can see, right, bit of chop, but comes back into the zone, respects this high, right? Again, external structure just between this high and this low. So, nothing has changed. This is just a I guess you could say a bit of a complicated or just a long pullback to then restart the bullish wave and smash TP. So, pretty simple stuff. Now, ask yourself, was this strategy that complicated? No. Was it pretty effective? Yes. It's a win-win. Like I said, if you want to work with me handson and I'll work with you for free until you become profitable, that is my guarantee. The link for that is in the description below. Apart from that, appreciate your time as always. Any questions, etc., drop them in the comment section below.