Trader Diego
Trader Diego

@TraderDiegoX

10 Tweets 429 reads Mar 31, 2024
In-Depth Guide to ICT MMXM Part 1:
Shout-out to @zeussy_mmxm and @Hydra_Thahmid some of the most prolific traders with this model.
Follow for Part 2.
Like, Repost, BookmarkπŸ”–
Narrative in time and price is key for MMXM.
This is a general layout of MMXM.
It won't always be clean and easy to identify, but these are the key characteristics that you look for.
An MMSM does not only form in bearish conditions, it can form in consolidations or at the end of a bullish move.
We always look for the draw on liquidity (DOL) in a higher timeframe chart than where we identify the MMXM structure.
This is a guideline, not a hard rule.
You have to identify the draw on liquidity first.
Terminus is not something that we know, we can only imply where price will draw to.
The first buy could be a turtle soup of the original consolidation, the second could be the return to the OC.
How to expect 1 or 2 Stages of re-accumulation in the MMXM.
Remember the liquidity matrix? add it to this and it will make more sense.
If this thread has been useful, repost it and follow me for part 2!. πŸ”₯

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