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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Check out my socials and join the discord server to learn more!
⭐ linktr.ee/BennyBag33
⭐ linktr.ee/BennyBag33
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.