AUDUSD Short Intraday Setup Basic ICT Concepts
Day's Bias: Bearish - used 1D View direction + Fib + Candlestick
Plot:
Defined HTF Price Arrays of Value to identify when to change Bias based on initial direction of price and how it utilizes the Asian Range.
Price Arrays of Value:
a. HTF Swing Highs/Lows
b. HTF FVGs
c. HTF OBs, RBs, or MBs.
d. All of the above in confluence with Fibonacci levels.
Defined LTF liquidity pools created to identify true intention of price.
Implementing price's use of the Asian Range prior to the London Open or London and NY Sessions' Overlap.
Confluence of HTF Price Array, Time of Day, Asian Range, and Occurrence of the Setup, unfolds the true and optimal entry for the day.
Happens everyday and at least so far 95% of the times.
This single trade alone provides a 3%+ of total equity with a risk of 1%.
Entry setup found in either 1m or 3m TF.
Disclaimer: This is a paper trade, practicing my skill and setup in preparation for an application to being a forex funded trader. This is a setup I use daily that I would like to share and gain feedback from to help me improve its efficiency and accuracy. :)
Plot:
Defined HTF Price Arrays of Value to identify when to change Bias based on initial direction of price and how it utilizes the Asian Range.
Price Arrays of Value:
a. HTF Swing Highs/Lows
b. HTF FVGs
c. HTF OBs, RBs, or MBs.
d. All of the above in confluence with Fibonacci levels.
Defined LTF liquidity pools created to identify true intention of price.
Implementing price's use of the Asian Range prior to the London Open or London and NY Sessions' Overlap.
Confluence of HTF Price Array, Time of Day, Asian Range, and Occurrence of the Setup, unfolds the true and optimal entry for the day.
Happens everyday and at least so far 95% of the times.
This single trade alone provides a 3%+ of total equity with a risk of 1%.
Entry setup found in either 1m or 3m TF.
Disclaimer: This is a paper trade, practicing my skill and setup in preparation for an application to being a forex funded trader. This is a setup I use daily that I would like to share and gain feedback from to help me improve its efficiency and accuracy. :)