determine the price direction based on the timeframe you want to trade
want to trade 1d → determine the weekly direction want to trade h1 → determine the daily direction want to trade 15m → determine the h4 direction
2 - range theory
when we have a range, if the price takes liquidity from one end, the odds are in favor of moving to the other end
keeping this in mind, you only need a price action pattern to execute your entry when the range is manipulated
3 - price action pattern
after the manipulation of the range's end, something key you need to see is momentum, intention in the price that makes you see that supply/demand is enough to take the price to the opposite end
all the popular methodologies are based on this
understand that everything is the same and you'll be ahead of 90% of traders
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You only need 3 things to make money from trading
save the tweet like gold 🔒
1 - market structure
determine the price direction based on the timeframe you want to trade
want to trade 1d → determine the weekly direction
want to trade h1 → determine the daily direction
want to trade 15m → determine the h4 direction
2 - range theory
when we have a range, if the price takes liquidity from one end, the odds are in favor of moving to the other end
keeping this in mind, you only need a price action pattern to execute your entry when the range is manipulated
3 - price action pattern
after the manipulation of the range's end, something key you need to see is momentum, intention in the price that makes you see that supply/demand is enough to take the price to the opposite end
all the popular methodologies are based on this
understand that everything is the same and you'll be ahead of 90% of traders