OHLC &OLHC
PO3 = AMD
a thread...๐งต
PO3 = AMD
a thread...๐งต
PO3 or AMD model consists from 3 phases:
- accumulation: formed price range,
- manipulation: liqudity grab,
- distribution: expansion.
AMD concept is fractal - meaning you can apply it to any timeframe you wish.
- accumulation: formed price range,
- manipulation: liqudity grab,
- distribution: expansion.
AMD concept is fractal - meaning you can apply it to any timeframe you wish.
OLHC - open low high close
OHLC - open high low close
2 ways of identifiying entries for AMD:
- you can use box setup for finding an entry (its even better if box setup entry has there some htf pd array),
- you can look for continuation trade inside distribution phase.
- you can use box setup for finding an entry (its even better if box setup entry has there some htf pd array),
- you can look for continuation trade inside distribution phase.
Example of bullish orderflow.
EURUSD 15m tf.
Price accumulated in Asia session. In ondon kilzone we got manipulation phase that swept asia low. Then distribution followed.
My htf bias on EUR was bullish and we had bearish orderflow on DXY.
EURUSD 15m tf.
Price accumulated in Asia session. In ondon kilzone we got manipulation phase that swept asia low. Then distribution followed.
My htf bias on EUR was bullish and we had bearish orderflow on DXY.
Setup example
My entry would be based on box setup. Would use lower tf to see more into depth of PA and would enter setup on Asia low.
My take profit would be previous day high.
My entry would be based on box setup. Would use lower tf to see more into depth of PA and would enter setup on Asia low.
My take profit would be previous day high.
OLHC candle I took into account for my AMD trade was on 4h tf.
Example of bearish orderflow.
USDCHF 1Om tf.
Price accumulated in Asia session. In ondon kilzone we got manipulation phase that swept asia low. Then distribution followed.
My htf bias on USDCHF was bearish and we had bearish orderflow on DXY.
USDCHF 1Om tf.
Price accumulated in Asia session. In ondon kilzone we got manipulation phase that swept asia low. Then distribution followed.
My htf bias on USDCHF was bearish and we had bearish orderflow on DXY.
Setup example
We got market structure break. My entry would be fvg above aligned with midnight open.
My take profit would be previous day low.
We got market structure break. My entry would be fvg above aligned with midnight open.
My take profit would be previous day low.
OHLC candle I took into account for my AMD trade was on 4h tf.
Thanks for taking your time and going over my thread ๐ซถ
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