TF alignment :
It is very important to understand the TimeFrames that the MMXM's form at.
They are as follows :
Monthly -> Daily
Weekly -> 4H
Daily -> 1H
4H -> 15M
1H -> 5M
Or simply when you identify a PDA, drop down 2 Timeframes and you should be able to see a MMXM.
It is very important to understand the TimeFrames that the MMXM's form at.
They are as follows :
Monthly -> Daily
Weekly -> 4H
Daily -> 1H
4H -> 15M
1H -> 5M
Or simply when you identify a PDA, drop down 2 Timeframes and you should be able to see a MMXM.
A brief explanation and logic to what is happening in the annotations of the MMXM's shared above :
-Original Consolidation : This is the area where price should come back to, hence, acting as our DOL. This should be present in the form of Swing highs/lows and FVG's.
-Original Consolidation : This is the area where price should come back to, hence, acting as our DOL. This should be present in the form of Swing highs/lows and FVG's.
-Accumulation & Re-Accumulation : This is the area when smart money is buying from the retailers at a lower price to sell higher.
-Distribution & Re-Distribution : This the area where smart money is selling to retailers at a higher price in order to buy lower.
-Distribution & Re-Distribution : This the area where smart money is selling to retailers at a higher price in order to buy lower.
-Smart Money Reversal (SMR) :
SMR will always happen at a key level. This is where order pairing takes place. These key levels can be Monthly, weekly, daily highs/lows.
The most important tip here would be to wait for a SMR reversal to happen and then look for a trade.
SMR will always happen at a key level. This is where order pairing takes place. These key levels can be Monthly, weekly, daily highs/lows.
The most important tip here would be to wait for a SMR reversal to happen and then look for a trade.
-Order Pairing : This means that smart money sells to buyers in a MMSM, and buys from sellers in a MMBM. Order pairing is another name given to the Smart Money Reversal.
(Added it here so you guys donot get confused if you hear it anywhere else ๐)
(Added it here so you guys donot get confused if you hear it anywhere else ๐)
A bonus tip :
We should wait the second stage of Accumulation in a MMBM and the second stage of Distribution in a MMSM before taking a trade.
As this confirms that we should be reaching the DOL (Original Consolidation).
We should wait the second stage of Accumulation in a MMBM and the second stage of Distribution in a MMSM before taking a trade.
As this confirms that we should be reaching the DOL (Original Consolidation).
Get on the charts and get to back testing you should be able to see the results yourself.
Just dont forget the TimeFrame Alignment and you should be able to master this within no time.
Once you see it you cant unsee it.
Just dont forget the TimeFrame Alignment and you should be able to master this within no time.
Once you see it you cant unsee it.
If this thread helped, a like โค๏ธ+ retweet and a follow will be appreciated a lot. Let me know if anyone of you still has any questions, I will try my best to answer all of you.
Ciao !
Ciao !
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