10 tweets 246 reads Oct 22, 2023
My Trading Model: MTF analysis framing MMXM's
A Thread🧵
This thread will outline how I approach trading in the context of MMXM's; specifically I will outline the following:
1. Top down protocol using multi-time-frame analysis
2. Finding a daily bias
3. Entry model
Top Down Analysis
I use three time frames to form a daily bias for a MMXM
Higher Time Frame ~ Daily / Weekly
Intermediate Time Frame ~ Hourly
Lower Time Frame (Entries) ~ M5
Bias
To infer a bias for the trading week, the first question I ask myself is : 'which direction is the weekly candle likely to expand in'
Once I have a weekly directional bias I will ask myself: 'which daily PDA is the expansion likely to happen from'
Generally speaking price from an institutional delivery viewpoint can only do one of two things
1. Moving from buy stops to sell stops ~ ERL
2. Filling an inefficiency / rebalance (FVG) before continuation up or down ~ IRL
To better understand this oscillation of price think:
'Price moves from imbalance to liquidity, and liquidity to imbalance' = "ERL -> IRL ; IRL -> ERL"
Pairing this with a buy or sell model in a MMXM we can say that until price moves this way until it meets the HTF, Daily PDA.
From Daily -> Hourly
Once the daily bias has been determined from a higher time frame PDA I shift down to the hourly time frame to frame a MMXM.
I should be able to infer a clear hourly DOL within the context of a MMXM from the daily key level (IRL/ERL)
Hourly chart
There are two criteria I look for on the hourly time frame within the NY kill zone (8am-12pm EST)
1. Stop hunt / liquidity purge
2. Return to P/D PD Array
Draws on liquidity I look to target are
1. PDH / PDL
2. PWH / PWL
3. intra-day high’s or low’s
M5 Entry Model
Once the daily and hourly structure are aligned I will use the 5 minute chart for an entry model and trade the LTF MMXM.
Once one my two hourly conditions met I will wait for a MSS and then enter on either a Premium/Discount:
1. FVG
2. Orderblock
3. Breaker
Thank you and please let me know what you think of this model, or any other questions you may have,
Cheers 🥂
Credit for this model and the teachings go to the 🐐 @theMMXMtrader

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