
Trade Like This;
A few traders here, say they are inconsistent when it comes to trading despite having learnt numerous strategies religiously over time. They tend to forget that in trading, you need to find one coherent framework that works for you, and that you can use easily. This framework is to help those who are yet to find something repeatable to work for them.
- Define your daily bias; you anticipate to either trade the continuation of that bias or its invalidation (Bullish or Bearish)
Daily bias is often done through candle closures and interaction with HTF liquidity points
2. Mark the high or the low of the previous day depending on your bias- you anticipate this to be a strong reaction point
3. Mark the EQ of the previous day's price range on lower timeframe; Bias might be invalidated using the EQ
4. Mark concentration points within the previous day's price range: often RELEVANT swing points and Imbalances;
5. Trade reactions off those points or reactions off the newly formed concentrated points.
Always ensure your lower timeframe analysis is aligning with the higher timeframe bias and direction