Stacey another thing to look at when apporached at your high and low is a 3 phase move. You got your trap, you got you r shift, then your induction. The trap moves opposite of trend which if you are at high, you look for your buyer trap, low seller trap. Your shift away from the trap will be obvious especially on the 5 minute timeframe. once your shift stops momentum it will then start the induction process. the induction will be either a fib level or phased as a double top/double bottom. Backtest this and you'll see. I'm not sure if you've went over this before as havent been up to date with your videos recently but will soon to be for I am back testing your youtube channel lol Cheers again brother!
i watched some of your other videos and i answered this question.your three candle rule is actually my trap phase rule. So when that three candle push is done that is the trap phase, the shift will be obvious and against the 3 candle rule. after this is complete the market will then form and induction phase which is the direction of the initial trap. that is where i take my entry. I use the 48,96, and 480 EMA on the 15 minute timeframe. There are 48 15 minute candles in half a days period (12 hours). 96 15 min candles in a 24 hour period, and 480 in a weekly timeframe. Whenever price is above the 480 EMA (Weekly moving average) we are in uptrend, and vice versa. I use the half day moving average, and the daily moving average for stophunt/trap purposes. Price will be aligned with these two ema's upon the movement for our 50-100 range. You should apply this and see what i mean its beautiful. So basically if we are under the WMA, but price is above the 48/96, it is in a trap phase and this is when i look for my trap, shift, induction phase. Another thing, with these ema's being the price's actual average, price always comes back to its average so its easy to spot a stophunt whenever price gets x amount away from the average. Also when approached with my 3rd phase which is the induction, if the second phase which is the shift(actual direction) from the trap phase(false direction) doesnt break through my 48/96 EMA's and close, I then know that upon the induction (phase 3) will be a double top/double bottom instead of a fib level induction.
How about a video of "Life inside the 15m Candle" Or "Life inside the 12 candle rule". not a trading session but more what is a good structure to use while waiting for a trade set up to happen.
Stacey I've got a concept you could use that may help with confluences on your trading. I know you dont use ema's but if you use the days time setting in accordance with the timeframe it really helps. Apply the EMA's 48, 96 and 480 on the 15 min timeframe for 48 being the hafl day moving average, the 96 being the daily, and the 480 being the weekly moving average. Apply this and look at the pairs. I can teach you the criteria if you're interested on how to trade this. Not just taking ecr's
@@mistermi8147 there are 48 15 minute candles in 12 hours which is half a day, then there is 96 15 minute candles in a full da, 480 the week etc. These are mathematically chosen EMA's for price movement. Price always comes back to its average. So this can help you when price gets xx amount of pips away from these ema's in a stop hunt for example. But that is not even the strategy thats actually going against it for scalp reasons. You wait for the 48.96 to cross the 480 which is the weekly moving average, and it retests it or there is an iduction. This will happen when during london or new york mostly. Once this has occured, you then take the retest or the respect of the 48/96 with the trend. Depending on the trend you can take more ECR's. whenever the 48,96 cross, it is about to trap and possibly reverse. Then you can wait until the 48,96 go back across the weekly moving average and wait for the induction or retest.
@@mistermi8147 there are 48 15 minute candles in 12 hours which is half a day, then there is 96 15 minute candles in a full da, 480 the week etc. These are mathematically chosen EMA's for price movement. Price always comes back to its average. So this can help you when price gets xx amount of pips away from these ema's in a stop hunt for example. But that is not even the strategy thats actually going against it for scalp reasons. You wait for the 48.96 to cross the 480 which is the weekly moving average, and it retests it or there is an iduction. This will happen when during london or new york mostly. Once this has occured, you then take the retest or the respect of the 48/96 with the trend. Depending on the trend you can take more ECR's. whenever the 48,96 cross, it is about to trap and possibly reverse. Then you can wait until the 48,96 go back across the weekly moving average and wait for the induction or retest.
Captain Burke, Can you do examples of Off the Numbers? As Well as Using the Measure Move Tool where we would plot high and low of Structure? Thanks for your help!
Love the video like always...I especially love the videos explaining structure on the chart when u don’t expose the outcome and move the screen candle by candle as if you were going in live time....live time execution seems to be my final hurdle
Thanks Stacey. Do you have any videos covering your perspective around Support / Resistance - Support / Demand lines in Forex markets - the number times it is hit , the trajectory and the way we move into the supply/demand to determine if that level will hold and reverse (how strong it will reverse), or will that level break and we move to the next level (or next two levels!), - Analysis to help with Risk/Reward setups, Extremes, and whether the Level (high/lows, peak formations, 00s/50s). I am referring to Sam Seidan Supply/Demand Concepts.
Great scare knowledge. If there is anything that i took from this clip is focusing on the boxes rather than candles in the middle of it that should be very helpful. my question pertains to those boxes and how other bigger fish want to participate at the highs and lows. is it because solely they are chasing liquidity or traders who are profitable previously , or they set 50 box increments in their playbook to take profit as well? With Regards.
Hi Stacey. Thank you very much for sharing your method and your experience. May I ask you a question: When you are in front of the screen do you see all 6 pairs at the same time? And in that case, do you analyze each pair completely independently of each other or do you make decisions about a certain pair based on the evolution of the other pairs? For example, yesterday in the NY session the GBPUSD was very bearish while other pairs such as the GBPJPY or the GBPNZD were consolidating and only broke down after the 12 candle window had ended. Thanks in advance for your answer.
Stecey man, honestly they move the market in measure moves. Today's GBPUSD, GBPNZD and GBPJPY attest that fact. Amazing. Thanks a thousand.
Stacey another thing to look at when apporached at your high and low is a 3 phase move. You got your trap, you got you r shift, then your induction. The trap moves opposite of trend which if you are at high, you look for your buyer trap, low seller trap. Your shift away from the trap will be obvious especially on the 5 minute timeframe. once your shift stops momentum it will then start the induction process. the induction will be either a fib level or phased as a double top/double bottom. Backtest this and you'll see. I'm not sure if you've went over this before as havent been up to date with your videos recently but will soon to be for I am back testing your youtube channel lol Cheers again brother!
i watched some of your other videos and i answered this question.your three candle rule is actually my trap phase rule. So when that three candle push is done that is the trap phase, the shift will be obvious and against the 3 candle rule. after this is complete the market will then form and induction phase which is the direction of the initial trap. that is where i take my entry. I use the 48,96, and 480 EMA on the 15 minute timeframe. There are 48 15 minute candles in half a days period (12 hours). 96 15 min candles in a 24 hour period, and 480 in a weekly timeframe. Whenever price is above the 480 EMA (Weekly moving average) we are in uptrend, and vice versa. I use the half day moving average, and the daily moving average for stophunt/trap purposes. Price will be aligned with these two ema's upon the movement for our 50-100 range. You should apply this and see what i mean its beautiful. So basically if we are under the WMA, but price is above the 48/96, it is in a trap phase and this is when i look for my trap, shift, induction phase. Another thing, with these ema's being the price's actual average, price always comes back to its average so its easy to spot a stophunt whenever price gets x amount away from the average. Also when approached with my 3rd phase which is the induction, if the second phase which is the shift(actual direction) from the trap phase(false direction) doesnt break through my 48/96 EMA's and close, I then know that upon the induction (phase 3) will be a double top/double bottom instead of a fib level induction.
Thanks Stacey. I've found my 50 pips!
🕺🏻🕺🏻🕺🏻🕺🏻🕺🏻thank you STACEY!
Cheers ABC! Thank you!
SHOW ME THE MONEY!!!!!! I would interrupt my own wedding upon receiving a *Stacey Burke* Upload notification!!
LOL! Cheers Chr! :D
I second that Motion, it’s more money for the wedding.
How about a video of "Life inside the 15m Candle" Or "Life inside the 12 candle rule". not a trading session but more what is a good structure to use while waiting for a trade set up to happen.
If you apply the concepts SB is showing with marketprofile, you can literally see where price does not want to be. Minimal drawdown trades.
Stacey I've got a concept you could use that may help with confluences on your trading. I know you dont use ema's but if you use the days time setting in accordance with the timeframe it really helps. Apply the EMA's 48, 96 and 480 on the 15 min timeframe for 48 being the hafl day moving average, the 96 being the daily, and the 480 being the weekly moving average. Apply this and look at the pairs. I can teach you the criteria if you're interested on how to trade this. Not just taking ecr's
very interesting. can you explain more?
Interesting... I'd like to learn more about it!
@@mistermi8147 there are 48 15 minute candles in 12 hours which is half a day, then there is 96 15 minute candles in a full da, 480 the week etc. These are mathematically chosen EMA's for price movement. Price always comes back to its average. So this can help you when price gets xx amount of pips away from these ema's in a stop hunt for example. But that is not even the strategy thats actually going against it for scalp reasons. You wait for the 48.96 to cross the 480 which is the weekly moving average, and it retests it or there is an iduction. This will happen when during london or new york mostly. Once this has occured, you then take the retest or the respect of the 48/96 with the trend. Depending on the trend you can take more ECR's. whenever the 48,96 cross, it is about to trap and possibly reverse. Then you can wait until the 48,96 go back across the weekly moving average and wait for the induction or retest.
@@mistermi8147 there are 48 15 minute candles in 12 hours which is half a day, then there is 96 15 minute candles in a full da, 480 the week etc. These are mathematically chosen EMA's for price movement. Price always comes back to its average. So this can help you when price gets xx amount of pips away from these ema's in a stop hunt for example. But that is not even the strategy thats actually going against it for scalp reasons. You wait for the 48.96 to cross the 480 which is the weekly moving average, and it retests it or there is an iduction. This will happen when during london or new york mostly. Once this has occured, you then take the retest or the respect of the 48/96 with the trend. Depending on the trend you can take more ECR's. whenever the 48,96 cross, it is about to trap and possibly reverse. Then you can wait until the 48,96 go back across the weekly moving average and wait for the induction or retest.
Thanks !!!
Captain Burke, Can you do examples of Off the Numbers? As Well as Using the Measure Move Tool where we would plot high and low of Structure? Thanks for your help!
Brilliant Stacey! 🤩 Another Way of Looking at it! 🙏👌✨😆🙌
Love the video like always...I especially love the videos explaining structure on the chart when u don’t expose the outcome and move the screen candle by candle as if you were going in live time....live time execution seems to be my final hurdle
Thanks Stacey. Do you have any videos covering your perspective around Support / Resistance - Support / Demand lines in Forex markets - the number times it is hit , the trajectory and the way we move into the supply/demand to determine if that level will hold and reverse (how strong it will reverse), or will that level break and we move to the next level (or next two levels!), - Analysis to help with Risk/Reward setups, Extremes, and whether the Level (high/lows, peak formations, 00s/50s). I am referring to Sam Seidan Supply/Demand Concepts.
Great scare knowledge. If there is anything that i took from this clip is focusing on the boxes rather than candles in the middle of it that should be very helpful. my question pertains to those boxes and how other bigger fish want to participate at the highs and lows. is it because solely they are chasing liquidity or traders who are profitable previously , or they set 50 box increments in their playbook to take profit as well? With Regards.
I keep wondering how you can put more lenses on the system but you keep doing it! Keep it coming!
SB let's go live man !
Thx
You're welcome Evelyn! Thanks for your input!
Hi Stacey. Thank you very much for sharing your method and your experience. May I ask you a question: When you are in front of the screen do you see all 6 pairs at the same time? And in that case, do you analyze each pair completely independently of each other or do you make decisions about a certain pair based on the evolution of the other pairs? For example, yesterday in the NY session the GBPUSD was very bearish while other pairs such as the GBPJPY or the GBPNZD were consolidating and only broke down after the 12 candle window had ended. Thanks in advance for your answer.
I will be late for my own funeral to get a extra lesson
😇🙏💪🖖