TOP down analysis and Scaling the Range setups.

Hey whats up traders,

lets have a look to the Timeframe alignment's, its a key point to clarity in the setups. Price is fractal and what is happening on one timeframe we can find on lower timeframe also.

📌 Why it's important to use correct timeframes?
- We should use timeframes based on what type of traders we are, not just random.
- We cant trade M5 reversal from Monthly etc. There must be structured approach.

🧪 Know yourself
Based on your lifestyle, patience. Decide how much time you want to give to trading.
But remember - Trading is not employment. You are paid for best decisions & being in the right position, not for your time and effort. More trades are not equal more profits. Full time trading and day trading doesn't mean trading every and sit whole day behind PC.

🧪 What type of trader you are ?
• Position Trader - Trade the monthly range.
• Swing Trader - Trade the weekly range.
• Short Term Trader - Trade the daily range.
• Day Trader or Intraday Trader - Trade the daily candle's range.
• Scalper - Trade the hourly range.

🧩 Im mentioning ranges, because it's core of mechanical strategy, which I explained in the post below. 🔗Click to the picture below to learn more 👇

‼️ When analyzing the market don't start, just with the range. It's just one element of the trade. We need to understand whole market context. Always go step by step , rule based analysis of trade elements with correct timeframe sequences.

🧪 Timeframes of trade elements

• Trend / Bias - Higher Timeframe
• Ranges - Higher Timeframe
• Key Levels - Higher Timeframe
• Structure - Intermediate Timeframe
• Profiling AMD - Lower Timeframe
• Order Flow / Entry - Lower Timeframe

📌 Bullish Scenario 📌 Bearish Scenario 🧪 Whats your timeframes?
Position Trader - Monthly Key Level + Range- Daily Structure - H4 Profiling + Entries
Swing trader - Weekly Key Level + Range- H4 Structure - H1 Profiling + Entries
Short term Trader - Daily/H4 Key Level + Range- H1 Structure - M15 Profiling + Entries
Day Trader / Scalper - H1 Key Level + Range- M5 Structure - M1 Profiling + Entries

Im most confident in Swing Trading and Short term trading, hence I trade Weekly and Daily ranges. I use monthly ranges for HTF bias, but I will explain this later.

🧩If you apply these timeframes correctly, you will be easily buying lows and selling highs. I have explained this in this post below.
🔗Click to the picture to open lean more 👇

This framework by itself is good enough to be successful in the trading. I suggest you to create your own trade checklist and do always step by step analysis. Remember nothing comes easy to master anything takes time you need to give it at least 6 months, without jumping from strategy to strategy. Use Trading journal to collect information, without it you will not improve and will repeat the mistakes. To fasten the process run backtests at least 300 examples.

🧩Dont forget that whole concept is based on the liquidity, you must understand it also. I have explained in this post. 🔗Click to the picture to open lean more 👇

🧪Power of scaling
If we look to the 1 minute chart and Monthly chart we will not recognize what chart it is. Patterns are playin on all timeframes. That is why is 100% mechanical approach based on liqudity and candles - Open , High, Low, Close powerful. What Im going to show you now you cant be achieved with diagonal drawings or random patterns.

📍First lets start with our basic knowledge
If the range is manipulated the CLS sequence is suggesting that opposing side of the range will be reached. It can be by just quick move - Model 1, or we can get Model 2 opportunity.

📍Bullish continuation setups
Model 1 - Entry after manipulation - 50% target
Model 2 - Entry on pullback on level between 61.8 - 80% pullback 📍Bearish Continuation setups
Model 1 - Entry after manipulation - 50% target
Model 2 - Entry on pullback on level between 61.8 - 80% pullback 🧩Dont forget that best enties comes in trend on the right pullbacks.I have explained in this post. 🔗Click to the picture to open lean more 👇

🧪 Now lets use this knowledge as a fractal
I have clarified our Range timeframes for each type of trader, but you definitely should not skip bigger timeframes even if it's not your timeframe. Knowing the sequence from HTF give us a bias perspective so we can trade LTF ranges within HTF Range Models.

📍Bullish LTF Range within HTF Range
Analyze HTF range and define models, then drop it to your TF and trade your ranges with the HTF range. Always follow the same process only on the LTF - Lower timeframe. 📍BearishLTF Range within HTF Range
Analyze HTF range and define models, then drop it to your TF and trade your ranges with the HTF range. Always follow the same process only on the LTF - Lower timeframe. Now, practice that, you have one trading framework which you can apply to all timeframes and scale it down, means you are looking at the markets with always same approach and this receptiveness give you confidence and clarity = MASTERY ✨Trading Mastery is reflection of your life
Have a longterm plan, No Alcohol & Drugs, Ignore others, Focus on your journey , Backtest regularly, Review your weeks, Journal mistakes, Exercise, Sleep well, Read books, Walks in nature (no phone) , Meditate, Reduce social media time, Spend time with family, Live Life.

Trading is hard, but not impossible. I believe in you 💪

David Perk aka Dave Fx Hunter