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    Example W - Steps

    Uploaded by

    Felipe Silva
    Step 1 identifies the weekly high and low to determine trend direction. Step 2 checks the daily timeframe for a shift in structure in the desired direction and identifies bullish order blocks (BOS). Step 3 examines the hourly and 15 minute timeframes for a trend change and BOS formation to identify entry order blocks.

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    Example W - Steps

    Uploaded by

    Felipe Silva
    105 views4 pages
    Step 1 identifies the weekly high and low to determine trend direction. Step 2 checks the daily timeframe for a shift in structure in the desired direction and identifies bullish order blocks (BOS). Step 3 examines the hourly and 15 minute timeframes for a trend change and BOS formation to identify entry order blocks.

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    Example W_ Steps

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    Step 1 identifies the weekly high and low to determine trend direction. Step 2 checks the daily timeframe for a shift in structure in the desired direction and identifies bullish order blocks (BOS). Step 3 examines the hourly and 15 minute timeframes for a trend change and BOS formation to identify entry order blocks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    105 views4 pages

    Example W - Steps

    Uploaded by

    Felipe Silva
    Step 1 identifies the weekly high and low to determine trend direction. Step 2 checks the daily timeframe for a shift in structure in the desired direction and identifies bullish order blocks (BOS). Step 3 examines the hourly and 15 minute timeframes for a trend change and BOS formation to identify entry order blocks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Step 1: Identify the Weekly High and Low and identify a trend to provide you a sense of

    direction.

    Step 2: Identify whats happening on daily, Check and wait for price to shift in structure to go in
    your direction, in this example we want a bullish trend, so need a bullish BOS

    Mark out your highs and lows here


    Step 3: Go to hourly and wait for a trend change, so a BOS and New structure forming. Identify
    the Order block (OB) that created this move, Then go to the 15 min Time frame and identify
    your OB there too
    Step 4: This is where we enter Risky entry: We can set a limit order at the hourly or 15 min OB
    and Stop loss 1 pip or more below the low fo that OB, its up to you what youre comfortbale
    doing. Alternatively Safer entry: Set an Alert at the 15 min OB, Go to the 5 min time frame and
    wait for a BOS and Enter at the 5 min OB that is formed, If you wish you can go even lower to
    find an OB within the 5 min OB. However, if you are happy with the risk and the RR then use
    what you are comfortbale with. Dont get greedy with the RR and dont do anything that makes
    you anxious as these small Stop losses can cause some anxiety until you fully understand the
    reasoning behind the trade. We have enough reasoning to trust the process here

    Risky entry Example : https://www.tradingview.com/x/JDpRsQZj/ can set order at the 1 hour or


    15 min Ob straight and target the weekly high or low
    Step 5: Trust the process and trust yourself, we may not win all trades but our RR will always
    take over. Get comfortable and will become easier in time and easier to manage
    psychologically. Lasty.... Enjoy it

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