Welcome back everyone to another guide, today we will speed run "Trading Liquidity" in a quick 5 step guide. Be sure to like, follow and join the community!
1) Identify Liquidity:
- Equal highs or cluster of highs (Buy-side Liquidity)
- Equal lows or cluster of lows (Sell-side Liquidity)
- Obvious highs & lows
2) Identify Liquidity Direction (Price moves towards liquidity first):
- Equal highs > Price is likely to sweep above
- Equal lows > Price is likely to sweep below
3) Wait for Liquidity Sweeps
- Price takes out lows
- Stops get triggered
- Look for rejection or close back inside
Do NOT enter before the sweep or before the confirmation.
4) Enter Trade:
Enter after confirmation, away from liquidity
- Stop loss: Longs > Below Swept Lows
- Stop loss: Shorts > Above Swept Highs
5) Take Profits:
- Take Profit: Nearest opposing liquidity
- Take Profit: Previous high/low
- Take Profit: Range boundaries
RESULTS:
Liquidity sweep > confirmation > clean move
Thank you all so much for reading! Hopefully this is a useful guide in the future or present! If you would like me to make any simplified guides, articles or tutorials, let me know in the comment section down below - or even contact me through trading view.
Thank you!
1) Identify Liquidity:
- Equal highs or cluster of highs (Buy-side Liquidity)
- Equal lows or cluster of lows (Sell-side Liquidity)
- Obvious highs & lows
2) Identify Liquidity Direction (Price moves towards liquidity first):
- Equal highs > Price is likely to sweep above
- Equal lows > Price is likely to sweep below
3) Wait for Liquidity Sweeps
- Price takes out lows
- Stops get triggered
- Look for rejection or close back inside
Do NOT enter before the sweep or before the confirmation.
4) Enter Trade:
Enter after confirmation, away from liquidity
- Stop loss: Longs > Below Swept Lows
- Stop loss: Shorts > Above Swept Highs
5) Take Profits:
- Take Profit: Nearest opposing liquidity
- Take Profit: Previous high/low
- Take Profit: Range boundaries
RESULTS:
Liquidity sweep > confirmation > clean move
Thank you all so much for reading! Hopefully this is a useful guide in the future or present! If you would like me to make any simplified guides, articles or tutorials, let me know in the comment section down below - or even contact me through trading view.
Thank you!
Check out my socials and join the discord server to learn more!
⭐ linktr.ee/BennyBag33
⭐ linktr.ee/BennyBag33
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Check out my socials and join the discord server to learn more!
⭐ linktr.ee/BennyBag33
⭐ linktr.ee/BennyBag33
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.