[00:12] going to be about entries, specifically taking daily bias and then dropping to the lower time frames to gain entry. Since releasing the daily bias video, most questions on. So, it felt fitting to make this my next video. Now, I've
[00:25] entry model. If you haven't seen that, I'll link it in the top right. However, remake it, please let me know in the to that. Thing we're going to do is hop over to Twitter and go to the MMX
[00:39] traders Twitter page. If you don't know who he is, he is who taught me a lot of what I know. So, we'll go to his page for an example before we go back to Trading View and find some of our own. So, if we scroll down his page here,
[00:51] here's the example we're going to focus on. So, if we go ahead and zoom in here, we'll go ahead and look at the daily chart. So, here we are on the daily chart. Let's take a look and see how he framed this trade. So, we'd go in, put
[01:03] in a swing low here, return to the fair value gap, fill the fair value gap here, and then he anticipates a move towards this sellside liquidity and this low resting below. So, with that idea in mind, looking for short setups in here.
[01:20] Where does he go from here? he drops down to the hourly chart. So here you can see we reach into this point of interest or fill the daily fair value interest or fill the daily fair value gap and then we shift structure bearish.
[01:32] From here we get a retracement back up, reach into a breaker block plus the fair value gap before it trades lower to that sellside liquidity. So let's go look in here and see what he uses to frame an entry.
[01:47] So here we are on the 5minute chart. Here you can see the hourly breaker and Here you can see the hourly breaker and fair value gap. We reach up into that displace lower put in a lower high lower low. We start to trend lower and then he
[02:03] takes an entry here on this 5m minute fair value gap fill targeting lower prices. So what can we learn from studying this example? We know we started with the daily chart and then from there went to a lower time frame to
[02:16] get a point of interest and then from there went to another lower time frame to get an entry. So let's hop back into Trading View and go over a few more examples on the charts. So in this example we are watching
[02:28] NASDAQ on the daily chart and it is going to be focused on the 24th of August. Now, if you notice, we already took a swing low, reached our 2.5
[02:40] standard deviations, and we get an aggressive move up on Monday that continues into Wednesday. Now, here I'm noticing we fail to displace over this that there may be downside. Now, the next thing I'm going to mark out is
[02:55] previous day high and low. And I will also mark out this daily order block here. As if we reach up higher, I would expect this to resist price. From here, I'm going to drop down to the hourly chart to see if I have a point of
[03:08] interest that aligns with my bias, which is bearish. So, here we are on the hourly chart, and we'll go ahead and move it forward to see what happens.
[03:22] midnight open. And let's see what happens during London. these highs but can't displace above them and we start to move lower. Let's
[03:36] see what happens as we come closer to New York. a move above the daily open. We close back in and then we get displacement
[03:49] lower making and validating this order block. So marking out this order block. This is my point of interest going into the New York open. Let's go down to the five-minute chart. So, here we are on
[04:03] hourly order block and this is our previous day high. You can see we already wretch above our daily open and displaced back lower. So, I'm interested in price once it reaches up into this area. Letting this move forward.
[04:19] You can see we use a fair value gap here to reach up into this hourly order block. Now I want to see if there's a reaction off of this PD array to give an reaction off of this PD array to give an opportunity or present an entry.
[04:36] here is a high low higher high lower low. So I'm going to mark out this candle here as a breaker block. Then I can anticipate this area resisting price and I would not want to see price reach up into this high. From here, I can mark
[04:51] out my minimum 2R before I leave runners. So, let's see what happens. So, it takes us in prior to 9:30 open. At 9:30 open, we get expansion lower. And let's go out to the 15-minute chart
[05:07] to see what happens. So, if you remember, we marked off our previous day low as well. And then we expand to our previous day low. Now, I hope in this example you can see how I use the weekly profile and
[05:22] daily bias and then using that daily bias dropping down to the lower time frames to gain entry. So, let's hop into another example. For this next example, I'm going to be looking at Tuesday, August 15th. And what I notice here is
[05:35] we have an uplo candle. On Monday, price moved up and closed into this. Now, if this uplo candle is going to become an order block, I would like to see it close and reach below previous day low. So, I will also mark out our previous
[05:49] day high. So, let's drop down to a lower time frame and see what this looks like. So, here we are on the hourly chart. I will want to see what happens at midnight. So, we'll go ahead and let this play forward.
[06:06] Price moves up into this order block. And then midnight open is right here. We start to reach higher and there is our displacement prior to New York. We sweep under this low into this fair value gap.
[06:24] Now from here we have an up close candle. See what happens after that. low. Now I'd want to see this close below.
[06:37] There it closes below. So I'm anticipating this to support price lower to where previous day low as marked out here. So now we have a point of interest. Let's drop down to the lower time frame and see what happens. So I
[06:52] want to see what price does as we reach towards 930. So let's see what happens here. And I want to see how price reacts And I want to see how price reacts around this area.
[07:09] So there we go. We reach up into this area and this is actually an SMT from area and this is actually an SMT from this high down to here which is important to note. And then we get another sweep still not
[07:24] taking out this high. So the SMT is still valid. does this create? A fair value gap. So looking at this fair value gap can mark
[07:40] that out use the consequent encroachment of it and from here I can look for an of it and from here I can look for an entry with my stop on this high and my target just below our previous day low to get my minimum 2R and let's see what
[07:54] happens. We reach up into this fair value gap We reach up into this fair value gap forms an up close candle
[08:06] there we go. So you can see we started out at our daily went to our hourly got our displacement lower. Here we have an hourly order block as our point of interest. SMT is confirmation and then our 5minute entry
[08:22] targeting our previous day low. For this last example, we are going to be looking last example, we are going to be looking at ENQ on Thursday the 17th. Tuesday has anticipating expansion into Wednesday and Thursday. We have an up close candle
[08:41] anticipating Thursday to reach previous day low as well as this swing point over here. Let's drop down to a lower time frame and see what it looks like. So, here we are on the hourly chart and I notice this price action right here. we
[08:53] have an up close candle where we reach into a fair value gap and displaced lower. So I would not want to see price reach much higher than this order block here. So marking that out, I want to see how price moves into and before the New
[09:06] York AM session. So currently bullish PDA is being respected which I would want as we reach higher towards this order block. So here we reach into this order block. Let's go down to the five-minute chart
[09:22] and see what it looks like. So, here we are on the five-minute chart. We can see are on the five-minute chart. We can see we already at 8:30 news. We wretch up, hit this order block. Now, we put in a down close candle. So, we put in a high,
[09:36] low, higher high. We put in a lower low. This becomes a breaker block. breaker. So if price returns back up into here, I
[09:48] would anticipate it to hold. Not want to see this high hit minimum 2 R. runners go for that swing low?
[10:02] Down here. So let's see what happens. Right there gets tagged in immediately. And then let's see what happens here.
[10:24] So in this example, you can see how I use the daily time frame to anticipate a move lower and then use the lower time frames to gain an entry into that. As always, thanks for watching. Hope you enjoyed the video. If you did, please
[10:37] hope you have a great rest of your day. I'll see you guys in the next one.