Transcription
This is the simplest strategy I use. Two steps and works both directions, longs or shorts. And by the end of this video, you're going to see it play out on a real chart in both directions. No indicators, no complicated system. The M15 giving you a direction, a sweep telling you the move is about to happen, and the M1 for confirmation. Let me show you how it works.
The first step is simply going on your M15 time frame and looking at the trend. Simplest way I like to do this is just look at recent highs and recent lows. Are we currently making lower highs and lower lows? Are we currently making higher highs and higher lows? If so, I'm purely looking for buys using the bullish sell. If the other one, I'm purely looking for sells looking for the bearish sell. That is it. Not that complicated.
Now, based on that, we're looking for a sweep on this M15 time frame. Let me also show you what that means. So, if we are in that uptrend, okay, lows are are liquidity. It's pretty simple. These lows, okay, they can be any candle as long as it is a swing low on the M15. But, what is important is we need to see a sweep and it failed to close, or what I like to simply call, right, a FTC. It is that. So, I need to see price sweep this low on the 15-minute time frame, but not close below it. If it sweeps and closes below it, it's not right. If we sweep this and close below it, and I'm still If we sweep this and don't close below it, and I am still in an uptrend, this is a perfect sign. This is then when I want to drop down and start looking for an entry. So, I want to see see price sweep a low, remain in that trend, and then I start looking for a reversal. We cannot close below that low.
Now, another interesting point is it needs to sweep with a bearish candle. This swing low can be any candle, but if we sweep with a bullish candle, this is a this is not right again. Can't use that. Don't ask me why. You want to make money or not? Then simply use the sweep as purely a bearish candle. Let's go into some examples and show you exactly what I mean.
Here, on this NQ chart, you can see we are starting to push higher. So, this is what I want to see. I want to see a swing low, which can be any candle on the M15. Then price sweep that low. That market that swing low. We swept it and what did we do? Failed to close below it. This becomes a valid FTC. Why? A valid failed to close. Why? Because, as you can see, we swept the low with a down candle. This can be any candle. This has to be a down candle. Now, I can start looking for reversals back up after certain criteria is getting filled, but I just wanted to explain that first.
Guess what? It's going to be the same if the M15 trend is in a down trend, highs are our liquidity. What do I need to see? A sweep, failed to close, okay? So, price failed to close, push lower. Pretty guess what I'm going to say next. This M15 had to close with a down candle. This now has to sweep, sorry, with a bullish candle, okay? In an uptrend, it has to sweep with a bullish and in a downtrend, it has to sweep with a bearish. And yes, this swing high can be any color.
If we look at an example here, you can see price is clearly trending lower. So, what am I looking for? I'm looking for swing highs to be swept. What do we have here? We have a clean Oh, we have two swing highs. We have a clean swing high here. This swing high is any candle color. I don't mind. Most importantly, what did we do? We swept it. We failed to close above it. And then what did we do? We also swept with a bullish candle. If this was not with a bearish candle, we can't use it. That now tells me, okay, that this is going to be the high, the high of the sweep. I can start looking for shorts as long as we don't close above this. If we sweep it again and fail to close, it's still valid. As long as we don't close above this, I'm going to start looking for shorts, expecting our price to take out this low.
Obviously, like I said, we're going to use confirmation and some other steps. The first step, as we saw, was the trend. The second step was getting this FTC with the correct colored candle. When we have this FTC, we can't just take every sweep and every FTC and think, "Yeah, we're going to be millionaires." You're going to be stupid, okay? We need it to be two things. Either, all right, we need to add a key area. Our key area is always our six-tap zones. 1 2 3 4 5. All right? So, that's my strategy. So, once we sweep that, two things here. We can either sweep this number four and get an FTC and I'll look for shorts, or we sweep number four, so I'm looking for shorts in this area here. And what do we get? We get something like this. So, let's say we get an FTC, I don't know, here. Like that. That is still valid. Why? Because we're still in our POI. We still have our six taps, and we now can look for shorts back down, okay?
If I flip that, okay? What do we have here? Let's say we have a bullish zone. We can either sweep this number four with an FTC and look for a direct, or we sweep number four, come into the zone, get FTC, and then we can look for direct long. Okay, I promise you, it's not complicated. Shouldn't make sense. What one key thing is we cannot start doing this. Okay, let me fill in the background. We cannot start doing this, all right? Oh, FTC here. I'm just going to take my long line. What are we tapping into? Do we have a six cup? All right? No, there's nothing. You're just taking every FTC. What's going to happen? They're going to start looking for a long. You're going to be cooked. Still needs to be within your six tap zone or in or It still needs to be the sweep of four into your six tap zone or we get it whilst already in your six tap zone.
If you're still confused, I'm going to show you some live examples. All right, when we look at this, we're also going to go into the lower time frame and look for entry confirmation on the M1. So, these examples here, I'm looking at the trend. I can see a break in structure to the upside, respecting bullish fair value gaps. Again, break structure to the upside and taking out a new high. So, just by looking at the I'm favoring uh buys over shorts. I can also see that we're inverting bearish gaps, respecting bullish gaps on this M15 time frame. I'd be a donut to look for a short compared to a long.
Based on that, we have this swing break that's anchored swing low here. And we have our high up here. Now, where do we have swing lows? We have the first potential swing low here. Potential swing low here. Now, let's see what happens when we sweep them and then we come to see if they are valid or not. So, let's sweep this low. What do we need? We need it to sweep with a bearish candle and fail to close. In a downtrend, sweep with a bearish candle, fail to close. Now, let me drop down to my 1-minute time frame and see if I have any clear six tap. I'm starting to look for longs now. What do I have here? A clear six tap. So, is this valid? Yes. I can start looking for longs now. We have a bullish trend. We have a failed to close on the 15-minute time frame. And we have a clear six tap on the time frame.
What do I need for entry confirmation? Well, now again, I'm expecting this 15-minute sweep and failed to close to be the low. That's going to give me the high. So, I don't really want to see price come back below here. And I can see a great bearish and valid gap here. If we can inverse that, nice. I can start looking for my longs. On the pullback, stop was at the low. Target that high. Nice. Price came here. And boom, smashes. Take profit. The exact steps we did step-by-step.
Now, I'll show you a bearish example. Step one as always was finding the trend. High, low, lower high, lower low, lower high. Looking to be what? Putting a lower low. That's our simple we need to be advised. What are we respecting? Respected this beautiful area of supply. This down to up here. So, I'm clearly bearish and my obvious target being this low here. Where does that bias change? Well, if I look at this price here, we made a new low, pulled back, and now we're making new lows. So, I'm expecting this to be the lower high. That's going to give me a lower low. This quite simply looks like a low, lower high, lower low. So, as long as this remains my lower high, I'm happy to look for shorts as long as we respect this high, looking for price to take out this low.
Where do we have any swing highs here? A 15 swing high here. A 15 swing high here. A 15 swing high here. Again, not all of them are going to be um right. For example, this one here, All Let's just purely focus on this here. If we swept that, what would that look like on a lower time frame? It would be a tap into this zone here, but this zone is fully mitigated. Price left this area, returned into it, pushed lower. So, this wouldn't be right. We need to make sure it is a clean six tap. >> [cough] >> On the lower time frame point of view, but let's just keep the swing highs marked out for now to keep it easier and see the amount of getting that remember I asked you to be the bullish candle. Okay, adjust it. So, let's skip the bit ahead there, but we swept this high up here and also this high on the same candle. But, most importantly, bullish candle failed close. So, we can mark this as an FTC. Now, is this a clean six tap? Oh, yes, because I can really see it here. If I look at the higher time frame structure, we're in a high, low, high, low, high, low. Boom, so. This is where the origin is, right? Where we shifted, that change of character from bullish to pullback stopped and the expansion started. You can see a clean one, two, three, four, five. Very nice, very simple. So, I'm now looking for what? Drop down to my lower time frame. I need a one-minute shift again. I'm expecting this high now to be the high, which is going to give me the lower low. One-minute shift. I'm just looking at that price to close nice and strong below this low here. There was the close. Entry here, stop here, stop loss on the target that external low. And that's good dumps towards TP. And that's it. Just follow those steps every single trade. The simplicity is the whole point. When the rules are this clear, there's no error or no space to start second-guessing. If the setup is there, or it isn't.
If you do want to work with me one-on-one, I will not stop or end the program and send it to free until you are profitable, guaranteed. Link for that is in the description below. If you want to join the free Discord, you can watch the live streams, get access to course, etc. Link is in the description below as well. Apart from that, appreciate any likes, comments, subscribe. I do have a backtesting video using this exact strategy coming out next. Just going to record it, put it out for you guys. If you're excited for that, please let me know. As always, appreciate any likes, comments, and subscribes. And I'll catch you in the next one.